Marlin Business Services Corp., through its subsidiaries, provides equipment financing solutions to small and mid-sized businesses in the United States. It finances approximately 100 categories of equipment, including commercial and industrial, restaurant, auto, medical, VOIP, and printing equipment, as well as computer software, copiers, cash registers, dental implant systems, and other commercial equipment. The company also offers property insurance coverage for its financed equipment; and operates a commercial bank that issues certificates of deposit and money market demand accounts, as well as provides small business loans. Marlin Business Services Corp. provides its solutions through a network of independent commercial equipment dealers and national account programs, as well as through direct solicitation and relationships with select lease and loan brokers. The company was founded in 1997 and is based in Mount Laurel, New Jersey.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustrySpecialized Finance
SectorFinance
Current SymbolNASDAQ:MRLN
Previous Symbol
CUSIP57115710
Phone888-479-9111
Debt
Debt-to-Equity Ratio0.90
Current Ratio0.15
Quick Ratio0.15
Price-To-Earnings
Trailing P/E Ratio15.92
Forward P/E Ratio11.59
P/E GrowthN/A
Sales & Book Value
Annual Sales$119.05 million
Price / Sales2.49
Cash Flow$2.6533 per share
Price / Cash Flow9.00
Book Value$14.36 per share
Price / Book1.66
Profitability
EPS (Most Recent Fiscal Year)$1.50
Net Income$25.29 million
Net Margins28.62%
Return on Equity13.36%
Return on Assets2.29%
Miscellaneous
Employees330
Outstanding Shares12,400,000
Market Cap$296.14 million
OptionableOptionable
Marlin Business Services (NASDAQ:MRLN) Frequently Asked Questions
What is Marlin Business Services' stock symbol?
Marlin Business Services trades on the NASDAQ under the ticker symbol "MRLN."
How often does Marlin Business Services pay dividends? What is the dividend yield for Marlin Business Services?
Marlin Business Services declared a quarterly dividend on Thursday, November 1st. Shareholders of record on Monday, November 12th will be paid a dividend of $0.14 per share on Friday, November 23rd. This represents a $0.56 annualized dividend and a yield of 2.35%. The ex-dividend date is Friday, November 9th. This is an increase from Marlin Business Services's previous quarterly dividend of $0.11. View Marlin Business Services' Dividend History.
How will Marlin Business Services' stock buyback program work?
Marlin Business Services declared that its board has initiated a share repurchase plan on Sunday, June 4th 2017, which permits the company to buyback $10,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 3.2% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's management believes its shares are undervalued.
How were Marlin Business Services' earnings last quarter?
Marlin Business Services Corp. (NASDAQ:MRLN) issued its quarterly earnings results on Thursday, November, 1st. The financial services provider reported $0.51 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.49 by $0.02. The financial services provider had revenue of $23.81 million for the quarter, compared to analyst estimates of $24.10 million. Marlin Business Services had a return on equity of 13.36% and a net margin of 28.62%. View Marlin Business Services' Earnings History.
When is Marlin Business Services' next earnings date?
What price target have analysts set for MRLN?
1 brokerages have issued 1-year target prices for Marlin Business Services' stock. Their predictions range from $29.00 to $29.00. On average, they expect Marlin Business Services' share price to reach $29.00 in the next year. This suggests a possible upside of 21.4% from the stock's current price. View Analyst Price Targets for Marlin Business Services.
What is the consensus analysts' recommendation for Marlin Business Services?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marlin Business Services in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Marlin Business Services.
Has Marlin Business Services been receiving favorable news coverage?
News stories about MRLN stock have been trending somewhat positive on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Marlin Business Services earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.
Who are some of Marlin Business Services' key competitors?
Some companies that are related to Marlin Business Services include Southside Bancshares (SBSI), TriCo Bancshares (TCBK), FB Financial (FBK), Lakeland Financial (LKFN), First Bancorp (FBNC), Boston Private Financial (BPFH), Enterprise Financial Services (EFSC), Triumph Bancorp (TBK), State Bank Financial (STBZ), First National Bank Alaska (FBAK), OFG Bancorp (OFG), Republic Bancorp, Inc. KY (RBCAA), Washington Trust Bancorp (WASH), Origin Bancorp (OBNK) and Central Pacific Financial (CPF).
Who are Marlin Business Services' key executives?
Marlin Business Services' management team includes the folowing people:
- Mr. Jeffrey A. Hilzinger, Pres & Chief Exec. Officer (Age 60)
- Mr. Edward R. Dietz Jr., Sr. VP of Admin., Gen. Counsel & Sec. (Age 43)
- Mr. W. Taylor Kamp Jr., Consultant (Age 57)
- Mr. Louis E. Maslowe, Chief Credit Officer & Sr. VP (Age 55)
- Mr. Gregory Le Sting, Sr. VP & COO
Who are Marlin Business Services' major shareholders?
Marlin Business Services' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.43%), BlackRock Inc. (5.20%), Vanguard Group Inc. (3.41%), Mutual of America Capital Management LLC (2.27%), Man Group plc (1.36%) and Bank of New York Mellon Corp (0.48%). Company insiders that own Marlin Business Services stock include Edward Ralph Jr Dietz, James Sherlock and James W Wert. View Institutional Ownership Trends for Marlin Business Services.
Which major investors are selling Marlin Business Services stock?
MRLN stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, John W. Rosenthal Capital Management Inc., TIAA CREF Investment Management LLC and Bank of New York Mellon Corp. Company insiders that have sold Marlin Business Services company stock in the last year include Edward Ralph Jr Dietz, James Sherlock and James W Wert. View Insider Buying and Selling for Marlin Business Services.
Which major investors are buying Marlin Business Services stock?
MRLN stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Dimensional Fund Advisors LP, Globeflex Capital L P, Algert Global LLC, Panagora Asset Management Inc., First Trust Advisors LP, Mutual of America Capital Management LLC and Monarch Partners Asset Management LLC. View Insider Buying and Selling for Marlin Business Services.
How do I buy shares of Marlin Business Services?
Shares of MRLN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Marlin Business Services' stock price today?
One share of MRLN stock can currently be purchased for approximately $23.88.
How big of a company is Marlin Business Services?
Marlin Business Services has a market capitalization of $296.14 million and generates $119.05 million in revenue each year. The financial services provider earns $25.29 million in net income (profit) each year or $1.50 on an earnings per share basis. Marlin Business Services employs 330 workers across the globe.
What is Marlin Business Services' official website?
How can I contact Marlin Business Services?
Marlin Business Services' mailing address is 300 FELLOWSHIP ROAD, MT. LAUREL NJ, 08054. The financial services provider can be reached via phone at 888-479-9111 or via email at [email protected]
MarketBeat Community Rating for Marlin Business Services (NASDAQ MRLN)
MarketBeat's community ratings are surveys of what our community members think about Marlin Business Services and other stocks. Vote "Outperform" if you believe MRLN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MRLN will underperform the S&P 500 over the long term. You may vote once every thirty days.
