NASDAQ:MRLNMarlin Business Services Stock Price, Forecast & News

Marlin Business Services' stock was trading at $15.92 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MRLN stock has decreased by 51.6% and is now trading at $7.71. View which stocks have been most impacted by Coronavirus.

Marlin Business Services is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Marlin Business Services.

Marlin Business Services Corp. (NASDAQ:MRLN) posted its quarterly earnings data on Thursday, April, 30th. The financial services provider reported ($0.84) EPS for the quarter, missing the consensus estimate of $0.32 by $1.16. The financial services provider earned $35.75 million during the quarter. Marlin Business Services had a return on equity of 5.99% and a net margin of 6.43%. View Marlin Business Services' earnings history.

Marlin Business Services announced a quarterly dividend on Friday, May 1st. Stockholders of record on Monday, May 11th will be paid a dividend of $0.14 per share on Thursday, May 21st. This represents a $0.56 annualized dividend and a yield of 7.26%. The ex-dividend date of this dividend is Friday, May 8th. View Marlin Business Services' dividend history.

0 equities research analysts have issued 12-month price objectives for Marlin Business Services' stock. Their forecasts range from $16.00 to $16.00. On average, they anticipate Marlin Business Services' stock price to reach $16.00 in the next year. This suggests a possible upside of 107.5% from the stock's current price. View analysts' price targets for Marlin Business Services.

Media coverage about MRLN stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Marlin Business Services earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutMarlin Business Services.

Marlin Business Services saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 120,500 shares, an increase of 38.7% from the April 30th total of 86,900 shares. Based on an average trading volume of 56,400 shares, the short-interest ratio is currently 2.1 days. Approximately 1.1% of the company's shares are sold short. View Marlin Business Services' Current Options Chain.

Some companies that are related to Marlin Business Services include CME Group (CME), Intercontinental Exchange (ICE), Moody's (MCO), Msci (MSCI), Nasdaq (NDAQ), MarketAxess (MKTX), Interactive Brokers Group (IBKR), Cboe Global Markets (CBOE), Arrow Financial (AROW), Gain Capital (GCAP) and California First National Bancorp (CFNB). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Marlin Business Services investors own include Village Farms International (VFF), Verizon Communications (VZ), Exxon Mobil (XOM), Dominion Energy (D), Vitalhub (VHI), ZCL Composites (ZCL), F5 Networks (FFIV), Alphabet (GOOG), PepsiCo (PEP) and Playa Hotels & Resorts (PLYA).

Marlin Business Services trades on the NASDAQ under the ticker symbol "MRLN."

Marlin Business Services' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.48%), Wellington Management Group LLP (4.75%), State Street Corp (1.45%), Geode Capital Management LLC (1.34%), JPMorgan Chase & Co. (0.70%) and Bank of New York Mellon Corp (0.65%). 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.

MRLN stock was sold by a variety of institutional investors in the last quarter, including Tieton Capital Management LLC, State Street Corp, Monarch Partners Asset Management LLC, UBS Group AG, BlackRock Inc., Bank of New York Mellon Corp, Kestrel Investment Management Corp, and Wedge Capital Management L L P NC. Company insiders that have sold Marlin Business Services company stock in the last year include Edward Ralph Jr Dietz, and James Sherlock. View insider buying and selling activity for Marlin Business Services.

MRLN stock was bought by a variety of institutional investors in the last quarter, including EJF Capital LLC, Hancock Whitney Corp, Parametric Portfolio Associates LLC, Wellington Management Group LLP, Geode Capital Management LLC, JPMorgan Chase & Co., and Acadian Asset Management LLC. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of MRLN stock can currently be purchased for approximately $7.71.

Marlin Business Services has a market capitalization of $91.59 million and generates $166.66 million in revenue each year. Marlin Business Services employs 352 workers across the globe.

The official website for Marlin Business Services is www.marlincapitalsolutions.com.

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]