Finish Line, Inc. (FINL) Plans Quarterly Dividend of $0.12

Finish Line, Inc. (NASDAQ:FINL) declared a quarterly dividend on Thursday, April 19th, RTT News reports. Investors of record on Friday, May 18th will be paid a dividend of 0.115 per share by the specialty retailer on Monday, June 4th. This represents a $0.46 dividend on an annualized basis and a yield of 3.41%.

Shares of FINL stock opened at $13.50 on Friday. Finish Line has a 1 year low of $6.90 and a 1 year high of $16.38. The firm has a market cap of $544.80, a P/E ratio of 19.87, a P/E/G ratio of 1.80 and a beta of 0.89.

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Finish Line (NASDAQ:FINL) last posted its quarterly earnings results on Thursday, March 29th. The specialty retailer reported $0.59 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.58 by $0.01. Finish Line had a net margin of 0.78% and a return on equity of 6.32%. The firm had revenue of $561.30 million for the quarter, compared to the consensus estimate of $575.43 million. During the same quarter in the previous year, the company earned $0.50 earnings per share. The business’s revenue was up .7% compared to the same quarter last year. analysts expect that Finish Line will post 0.7 EPS for the current fiscal year.

A number of equities research analysts have weighed in on FINL shares. Cowen upgraded shares of Finish Line from an “underperform” rating to a “hold” rating and set a $12.00 price target on the stock in a research note on Thursday, December 21st. B. Riley restated a “neutral” rating and issued a $10.00 target price on shares of Finish Line in a research note on Friday, December 22nd. Buckingham Research set a $7.00 target price on shares of Finish Line and gave the company a “sell” rating in a research note on Monday, December 25th. Zacks Investment Research upgraded shares of Finish Line from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a research note on Thursday, December 28th. Finally, BidaskClub upgraded shares of Finish Line from a “hold” rating to a “buy” rating in a research note on Friday, December 29th. Three investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $11.53.

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Finish Line Company Profile

The Finish Line, Inc, together with its subsidiaries, operates as a retailer of athletic shoes, apparel, and accessories for men, women, and kids in the United States. The company offers athletic shoes, as well as an assortment of apparel and accessories of Nike, Brand Jordan, adidas, Under Armour, Puma, and other brands.

Dividend History for Finish Line (NASDAQ:FINL)

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