Finish Line Inc (NASDAQ:FINL) declared a quarterly dividend on Wednesday, January 17th, RTT News reports. Shareholders of record on Friday, March 2nd will be given a dividend of 0.115 per share by the specialty retailer on Monday, March 19th. This represents a $0.46 dividend on an annualized basis and a yield of 3.55%. This is a positive change from Finish Line’s previous quarterly dividend of $0.11.

Finish Line (FINL) traded down $0.60 during trading on Wednesday, reaching $12.95. 1,157,900 shares of the company’s stock were exchanged, compared to its average volume of 1,682,170. The firm has a market capitalization of $546.42, a P/E ratio of -46.25, a PEG ratio of 1.99 and a beta of 1.37. Finish Line has a 1 year low of $6.90 and a 1 year high of $18.30.

Finish Line (NASDAQ:FINL) last released 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. The firm had revenue of $378.50 million during the quarter, compared to the consensus estimate of $361.46 million. Finish Line had a negative net margin of 0.62% and a positive return on equity of 5.43%. The firm’s revenue was up 1.8% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.24) earnings per share. equities analysts forecast that Finish Line will post 0.65 EPS for the current fiscal year.

A number of equities research analysts have issued reports on FINL shares. Zacks Investment Research upgraded Finish Line from a “sell” rating to a “hold” rating in a research note on Thursday, September 21st. FBR & Co reiterated a “hold” rating and issued a $9.00 target price on shares of Finish Line in a research note on Friday, September 22nd. Wells Fargo & Co reiterated a “market perform” rating and issued a $12.00 target price (up from $9.00) on shares of Finish Line in a research note on Monday, September 25th. Canaccord Genuity raised their target price on Finish Line from $8.00 to $9.00 and gave the company a “hold” rating in a research note on Monday, September 25th. Finally, Susquehanna Bancshares reiterated a “neutral” rating and issued a $12.00 target price on shares of Finish Line in a research note on Friday, September 29th. Four analysts have rated the stock with a sell rating, sixteen have given a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $11.29.

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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.

Dividend History for Finish Line (NASDAQ:FINL)

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