Finish Line (NASDAQ:FINL) is scheduled to be announcing its earnings results before the market opens on Thursday, March 22nd. Analysts expect the company to announce earnings of $0.57 per share for the quarter.
Finish Line (NASDAQ:FINL) last announced its quarterly earnings data 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. Finish Line had a negative net margin of 0.62% and a positive return on equity of 5.43%. The company had revenue of $378.50 million during the quarter, compared to analysts’ expectations of $361.46 million. During the same quarter in the prior year, the company posted ($0.24) EPS. The business’s revenue was up 1.8% on a year-over-year basis. On average, analysts expect Finish Line to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
FINL stock opened at $10.31 on Wednesday. Finish Line has a one year low of $6.90 and a one year high of $16.83. The stock has a market cap of $424.63, a price-to-earnings ratio of -36.82, a PEG ratio of 1.42 and a beta of 1.16.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 19th. Stockholders of record on Friday, March 2nd were paid a $0.115 dividend. This is a boost from Finish Line’s previous quarterly dividend of $0.11. The ex-dividend date was Thursday, March 1st. This represents a $0.46 dividend on an annualized basis and a dividend yield of 4.46%. Finish Line’s dividend payout ratio is currently -164.28%.
A number of equities analysts have recently issued reports on FINL shares. Zacks Investment Research cut shares of Finish Line from a “buy” rating to a “hold” rating in a research note on Tuesday, March 13th. BidaskClub upgraded shares of Finish Line from a “sell” rating to a “hold” rating in a research note on Friday, December 15th. B. Riley increased their price objective on shares of Finish Line from $10.00 to $11.00 and gave the company a “neutral” rating in a research note on Thursday, December 28th. Buckingham Research set a $7.00 price objective on shares of Finish Line and gave the company a “sell” rating in a research note on Monday, December 25th. Finally, Credit Suisse Group started coverage on shares of Finish Line in a research note on Monday, March 12th. They issued an “underperform” rating and a $9.00 price objective for the company. Five investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $10.60.
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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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