Equities research analysts expect that Finish Line Inc (NASDAQ:FINL) will post earnings per share of $0.56 for the current quarter, Zacks reports. Six analysts have issued estimates for Finish Line’s earnings. The highest EPS estimate is $0.61 and the lowest is $0.52. Finish Line posted earnings of $0.50 per share in the same quarter last year, which suggests a positive year over year growth rate of 12%. The firm is expected to announce its next quarterly earnings results on Friday, March 23rd.

According to Zacks, analysts expect that Finish Line will report full year earnings of $0.59 per share for the current financial year, with EPS estimates ranging from $0.46 to $0.70. For the next financial year, analysts forecast that the firm will post earnings of $0.62 per share, with EPS estimates ranging from $0.30 to $0.80. Zacks’ EPS calculations are a mean average based on a survey of analysts that that provide coverage for Finish Line.

Finish Line (NASDAQ:FINL) last issued its quarterly earnings data on Thursday, December 21st. The specialty retailer reported ($0.26) EPS for the quarter, topping analysts’ consensus estimates of ($0.36) by $0.10. Finish Line had a negative net margin of 0.62% and a positive return on equity of 5.43%. The business had revenue of $378.50 million during the quarter, compared to analysts’ expectations of $361.46 million. During the same period last year, the company posted ($0.24) EPS. The business’s revenue was up 1.8% on a year-over-year basis.

A number of research firms recently commented on FINL. B. Riley reaffirmed a “neutral” rating and set a $10.00 price target on shares of Finish Line in a research note on Friday. Zacks Investment Research raised shares of Finish Line from a “sell” rating to a “hold” rating in a research note on Friday, December 15th. Wells Fargo & Company dropped their price target on shares of Finish Line from $12.00 to $9.00 and set a “market perform” rating for the company in a research note on Sunday, October 1st. UBS cut shares of Finish Line from a “positive” rating to a “neutral” rating in a research note on Monday, October 2nd. Finally, Susquehanna Bancshares cut shares of Finish Line from a “positive” rating to a “neutral” rating in a research note on Monday, October 2nd. Four analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $10.75.

Shares of Finish Line (FINL) traded up $0.34 during trading hours on Wednesday, hitting $13.54. 2,956,986 shares of the company’s stock were exchanged, compared to its average volume of 1,698,071. Finish Line has a 1-year low of $6.90 and a 1-year high of $20.06. The stock has a market cap of $535.39, a PE ratio of -48.36, a P/E/G ratio of 1.89 and a beta of 1.39.

The firm also recently declared a quarterly dividend, which was paid on Monday, December 11th. Stockholders of record on Friday, November 24th were issued a $0.11 dividend. The ex-dividend date of this dividend was Wednesday, November 22nd. This represents a $0.44 annualized dividend and a dividend yield of 3.25%. Finish Line’s dividend payout ratio is currently -157.14%.

Several large investors have recently bought and sold shares of FINL. SG Americas Securities LLC bought a new stake in shares of Finish Line in the 2nd quarter valued at about $102,000. Fernwood Investment Management LLC bought a new stake in shares of Finish Line in the 3rd quarter valued at about $120,000. FNY Managed Accounts LLC raised its holdings in shares of Finish Line by 5,100.0% in the 3rd quarter. FNY Managed Accounts LLC now owns 10,000 shares of the specialty retailer’s stock valued at $120,000 after purchasing an additional 10,200 shares in the last quarter. Eqis Capital Management Inc. bought a new stake in shares of Finish Line in the 3rd quarter valued at about $124,000. Finally, Public Employees Retirement System of Ohio raised its holdings in shares of Finish Line by 15.9% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 10,969 shares of the specialty retailer’s stock valued at $155,000 after purchasing an additional 1,504 shares in the last quarter. Institutional investors and hedge funds own 99.96% of the company’s stock.

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About Finish Line

The Finish Line, Inc is a specialty retailer. The Company is a retailer of athletic shoes, apparel and accessories for men, women and kids, throughout the United States and Puerto Rico. The Company operates through the Finish Line brand. Finish Line is a retailer of athletic shoes, apparel and accessories.

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Earnings History and Estimates for Finish Line (NASDAQ:FINL)

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