News headlines about Marlin Business Services (NASDAQ:MRLN) have been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Marlin Business Services earned a coverage optimism score of 0.07 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 46.1128041142003 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Several analysts recently weighed in on MRLN shares. BidaskClub downgraded shares of Marlin Business Services from a “hold” rating to a “sell” rating in a report on Thursday, December 7th. Keefe, Bruyette & Woods restated a “buy” rating and issued a $29.00 price target on shares of Marlin Business Services in a research note on Friday, December 22nd. ValuEngine downgraded shares of Marlin Business Services from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Zacks Investment Research upgraded shares of Marlin Business Services from a “hold” rating to a “strong-buy” rating and set a $30.00 target price for the company in a research note on Wednesday. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $29.33.
Shares of Marlin Business Services (NASDAQ:MRLN) traded up $0.55 on Wednesday, reaching $27.05. 23,900 shares of the company were exchanged, compared to its average volume of 37,679. Marlin Business Services has a 52-week low of $20.26 and a 52-week high of $29.95. The stock has a market capitalization of $329.91, a PE ratio of 17.67 and a beta of 1.19.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 22nd. Stockholders of record on Monday, February 12th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Friday, February 9th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.07%. Marlin Business Services’s payout ratio is 27.86%.
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Marlin Business Services Company Profile
Marlin Business Services Corp. is a bank holding company and a financial holding company. The Company is a provider of credit products and services to small businesses. The Company provides products and services to its customers, which include loans and leases for the acquisition of commercial equipment, working capital loans, and insurance products.
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