Published On: Wed, Oct 19th, 2016

Analyst Coverage: Marlin Business Services Corp. (NASDAQ:MRLN)


Recently stock market analysts have updated their consensus ratings on shares of Marlin Business Services Corp. (NASDAQ:MRLN).

Most recent broker ratings

02/04/2016 – Marlin Business Services Corp. had its “market perform” rating reiterated by analysts at William Blair.

02/04/2016 – Marlin Business Services Corp. had its “market outperform” rating reiterated by analysts at JMP Securities. They now have a USD 20 price target on the stock.

04/22/2015 – Sidoti began new coverage on Marlin Business Services Corp. giving the company a “buy” rating. They now have a USD 28 price target on the stock.

07/01/2014 – Marlin Business Services Corp. was upgraded to “neutral” by analysts at Zacks. They now have a USD 18.6 price target on the stock.

Marlin Business Services Corp. has a 50 day moving average of 18.95 and a 200 day moving average of 16.78. The stock’s market capitalization is 234.76M, it has a 52-week low of 13.46 and a 52-week high of 19.92.

The share price of the company (NASDAQ:MRLN) was down -1.18%, with a high of 19.73during the day and the volume of Marlin Business Services Corp. shares traded was 28441.

Marlin Business Services Corp. is a provider of equipment financing solutions primarily to small and mid-sized businesses. The Company finances over 100 categories of common-use commercial equipment, including copiers, computers and software, security systems, telecommunications equipment, and certain commercial and industrial equipment. The Company accesses its end user customers primarily through origination sources, including its existing network of over 12,300 independent commercial equipment dealers and various national account programs; through direct solicitation of its end user customers, and through relationships with select lease brokers. The Company provides equipment dealers with the ability to offer its lease financing and related services to their customers as an integrated part of their selling process. The Company’s product offerings include equipment leases, property insurance on leased equipment, and funding stream.