Marlin Business Services (NASDAQ:MRLN) is scheduled to be releasing its earnings data after the market closes on Thursday, August 1st. Analysts expect Marlin Business Services to post earnings of $0.51 per share for the quarter.
Marlin Business Services (NASDAQ:MRLN) last released its quarterly earnings results on Thursday, May 2nd. The financial services provider reported $0.40 EPS for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.06). The business had revenue of $23.96 million for the quarter, compared to the consensus estimate of $24.10 million. Marlin Business Services had a return on equity of 12.33% and a net margin of 17.77%. On average, analysts expect Marlin Business Services to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
NASDAQ MRLN opened at $23.01 on Tuesday. The company has a market cap of $285.02 million, a price-to-earnings ratio of 11.28 and a beta of 0.95. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.19 and a current ratio of 0.19. The stock’s 50 day simple moving average is $23.25. Marlin Business Services has a one year low of $17.51 and a one year high of $31.15.
A number of research analysts have commented on the company. ValuEngine lowered Zymeworks from a “buy” rating to a “hold” rating in a research report on Saturday, May 18th. BidaskClub lowered Zebra Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, July 16th.
In other Marlin Business Services news, SVP James Sherlock sold 2,231 shares of the stock in a transaction on Monday, June 10th. The stock was sold at an average price of $23.00, for a total value of $51,313.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, General Counsel Edward Ralph Jr. Dietz sold 2,419 shares of the stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $23.44, for a total value of $56,701.36. The disclosure for this sale can be found here. Insiders sold a total of 4,750 shares of company stock worth $110,350 over the last quarter. Corporate insiders own 6.31% of the company’s stock.
Marlin Business Services Company Profile
Marlin Business Services Corp. provides credit products and services to small and mid-sized businesses in the United States. The company's products and services include loans and leases for the acquisition of commercial equipment and working capital loans. It offers lease finance to approximately 100 categories of equipment.
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