Shares of Finish Line Inc (NASDAQ:FINL) have earned a consensus recommendation of “Hold” from the twenty-two ratings firms that are currently covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a sell recommendation, fifteen have given a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $11.11.

FINL has been the subject of a number of analyst reports. FBR & Co set a $10.00 price target on Finish Line and gave the company a “hold” rating in a research report on Tuesday, October 17th. Deutsche Bank upgraded Finish Line from a “sell” rating to a “hold” rating and set a $11.00 price target for the company in a research report on Thursday, December 14th. Zacks Investment Research upgraded Finish Line from a “sell” rating to a “hold” rating in a research report on Monday, November 20th. B. Riley increased their price objective on Finish Line from $10.00 to $11.00 and gave the stock a “neutral” rating in a research report on Thursday, December 28th. Finally, BidaskClub lowered Finish Line from a “hold” rating to a “sell” rating in a research report on Saturday, February 3rd.

A number of large investors have recently added to or reduced their stakes in the business. Teachers Advisors LLC lifted its stake in Finish Line by 1.8% during the second quarter. Teachers Advisors LLC now owns 74,464 shares of the specialty retailer’s stock worth $1,055,000 after purchasing an additional 1,313 shares in the last quarter. Public Employees Retirement System of Ohio lifted its stake in Finish Line by 15.9% during the second quarter. Public Employees Retirement System of Ohio now owns 10,969 shares of the specialty retailer’s stock worth $155,000 after purchasing an additional 1,504 shares in the last quarter. Municipal Employees Retirement System of Michigan lifted its stake in Finish Line by 27.3% during the third quarter. Municipal Employees Retirement System of Michigan now owns 25,960 shares of the specialty retailer’s stock worth $312,000 after purchasing an additional 5,570 shares in the last quarter. California Public Employees Retirement System lifted its stake in Finish Line by 3.6% during the second quarter. California Public Employees Retirement System now owns 217,659 shares of the specialty retailer’s stock worth $3,084,000 after purchasing an additional 7,600 shares in the last quarter. Finally, Aperio Group LLC lifted its stake in Finish Line by 72.2% during the third quarter. Aperio Group LLC now owns 21,160 shares of the specialty retailer’s stock worth $255,000 after purchasing an additional 8,869 shares in the last quarter. Institutional investors own 99.96% of the company’s stock.

Finish Line (FINL) traded up $0.26 during mid-day trading on Tuesday, hitting $10.65. The stock had a trading volume of 1,214,722 shares, compared to its average volume of 1,229,446. The stock has a market capitalization of $429.47, a price-to-earnings ratio of -38.03, a PEG ratio of 1.56 and a beta of 1.15. Finish Line has a 1-year low of $6.90 and a 1-year high of $18.30.

Finish Line (NASDAQ:FINL) last posted its quarterly earnings results on Thursday, December 21st. The specialty retailer reported ($0.26) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.36) by $0.10. The business had revenue of $378.50 million during the quarter, compared to analyst estimates of $361.46 million. Finish Line had a positive return on equity of 5.43% and a negative net margin of 0.62%. The business’s revenue was up 1.8% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.24) earnings per share. equities research analysts anticipate that Finish Line will post 0.65 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, March 19th. Shareholders of record on Friday, March 2nd will be paid a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 4.32%. This is a boost from Finish Line’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend is Thursday, March 1st. Finish Line’s dividend payout ratio is -157.14%.

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Finish Line Company Profile

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.

Analyst Recommendations for Finish Line (NASDAQ:FINL)

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