The Finish Line Inc. (NASDAQ:FINL) is set to release its Q217 earnings data on Friday, September 23rd. Analysts expect The Finish Line to post earnings of $0.53 per share and revenue of $494.39 million for the quarter. The Finish Line has set its FY17 guidance at $1.50-1.56 EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.

The Finish Line (NASDAQ:FINL) last posted its quarterly earnings results on Friday, June 24th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.22 by $0.01. The Finish Line had a net margin of 0.93% and a return on equity of 9.21%. The company earned $453.50 million during the quarter. During the same quarter in the previous year, the business posted $0.30 earnings per share. The Finish Line’s revenue was up 2.3% on a year-over-year basis. On average, analysts expect The Finish Line to post $1.54 EPS for the current fiscal year and $1.76 EPS for the next fiscal year.

Earnings History for The Finish Line (NASDAQ:FINL)

Shares of The Finish Line Inc. (NASDAQ:FINL) opened at 23.87 on Thursday. The firm has a market capitalization of $989.32 million, a P/E ratio of 60.13 and a beta of 0.90. The Finish Line Inc. has a 52-week low of $15.37 and a 52-week high of $25.29. The stock’s 50 day moving average is $23.24 and its 200-day moving average is $20.48.

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The business also recently declared a quarterly dividend, which was paid on Monday, September 12th. Shareholders of record on Friday, August 26th were given a $0.10 dividend. The ex-dividend date was Wednesday, August 24th. This represents a $0.40 annualized dividend and a yield of 1.68%. The Finish Line’s dividend payout ratio is 100.00%.

In other The Finish Line news, Director Norman H. Gurwitz sold 2,500 shares of The Finish Line stock in a transaction that occurred on Friday, July 15th. The shares were sold at an average price of $22.10, for a total value of $55,250.00. Following the transaction, the director now owns 4,912 shares of the company’s stock, valued at $108,555.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Stephen Goldsmith sold 4,000 shares of The Finish Line stock in a transaction that occurred on Monday, June 27th. The shares were sold at an average price of $19.63, for a total transaction of $78,520.00. Following the completion of the transaction, the director now directly owns 33,045 shares in the company, valued at approximately $648,673.35. The disclosure for this sale can be found here. 4.00% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in FINL. Profund Advisors LLC raised its position in shares of The Finish Line by 1.9% in the second quarter. Profund Advisors LLC now owns 13,820 shares of the company’s stock worth $279,000 after buying an additional 260 shares during the last quarter. BlackRock Inc. raised its position in shares of The Finish Line by 263.2% in the second quarter. BlackRock Inc. now owns 15,074 shares of the company’s stock worth $305,000 after buying an additional 10,924 shares during the last quarter. United Services Automobile Association raised its position in shares of The Finish Line by 2.8% in the second quarter. United Services Automobile Association now owns 17,490 shares of the company’s stock worth $353,000 after buying an additional 470 shares during the last quarter. Jane Street Group LLC raised its position in shares of The Finish Line by 213.7% in the second quarter. Jane Street Group LLC now owns 18,510 shares of the company’s stock worth $374,000 after buying an additional 12,610 shares during the last quarter. Finally, TFS Capital LLC raised its position in shares of The Finish Line by 130.2% in the second quarter. TFS Capital LLC now owns 28,985 shares of the company’s stock worth $585,000 after buying an additional 16,394 shares during the last quarter.

FINL has been the subject of a number of analyst reports. Deutsche Bank AG reaffirmed a “hold” rating and set a $24.00 price objective (up from $23.40) on shares of The Finish Line in a report on Monday, September 12th. Zacks Investment Research downgraded shares of The Finish Line from a “buy” rating to a “hold” rating in a report on Monday, September 12th. Robert W. Baird reaffirmed a “hold” rating and set a $20.00 price objective on shares of The Finish Line in a report on Thursday, June 23rd. Goldman Sachs Group Inc. reaffirmed a “neutral” rating and set a $19.00 price objective on shares of The Finish Line in a report on Wednesday, June 22nd. Finally, Piper Jaffray Cos. reaffirmed a “neutral” rating and set a $18.00 price objective on shares of The Finish Line in a report on Monday, June 20th. Twelve analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $22.37.

The Finish Line Company Profile

Finish Line, Inc is a specialty retailer. The Company operates two retail divisions: the Finish Line and JackRabbit brands. Finish Line is a retailer of athletic shoes, apparel and accessories. The Company operates approximately 590 Finish Line stores, which average over 5,550 square feet, in approximately 40 United States’ states and Puerto Rico.

5 Day Chart for NASDAQ:FINL

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