Brean Capital restated their buy rating on shares of The Finish Line Inc. (NASDAQ:FINL) in a research report report published on Tuesday morning. The firm currently has a $24.00 target price on the stock.

FINL has been the subject of a number of other research reports. Zacks Investment Research upgraded shares of The Finish Line from a sell rating to a hold rating in a report on Monday, June 27th. Jefferies Group reiterated a buy rating and set a $25.00 price objective (up previously from $24.00) on shares of The Finish Line in a report on Monday, June 27th. Robert W. Baird reissued a hold rating and set a $20.00 target price on shares of The Finish Line in a research report on Thursday, June 23rd. BB&T Corp. reissued a buy rating and set a $24.00 target price on shares of The Finish Line in a research report on Tuesday, June 28th. Finally, Citigroup Inc. reissued a buy rating and set a $23.00 target price on shares of The Finish Line in a research report on Wednesday, June 22nd. Twelve research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of $21.95.

The Finish Line (NASDAQ:FINL) opened at 22.95 on Tuesday. The stock has a 50 day moving average of $22.98 and a 200 day moving average of $20.30. The company has a market cap of $951.19 million, a P/E ratio of 57.81 and a beta of 0.90. The Finish Line has a 52 week low of $15.37 and a 52 week high of $25.92.

The Finish Line (NASDAQ:FINL) last announced its quarterly earnings data on Friday, June 24th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates 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 earned $0.30 EPS. The company’s quarterly revenue was up 2.3% compared to the same quarter last year. On average, analysts expect that The Finish Line will post $1.54 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, September 12th. Investors of record on Friday, August 26th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.74%. The ex-dividend date of this dividend was Wednesday, August 24th. The Finish Line’s dividend payout ratio is currently 100.00%.

In related news, Director Catherine A. Langham sold 18,000 shares of the business’s stock in a transaction on Friday, July 1st. The shares were sold at an average price of $20.30, for a total value of $365,400.00. Following the completion of the transaction, the director now directly owns 14,436 shares in the company, valued at approximately $293,050.80. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Norman H. Gurwitz sold 2,500 shares of the business’s stock in a transaction on Friday, July 15th. The shares were sold at an average price of $22.10, for a total transaction of $55,250.00. Following the completion of the transaction, the director now owns 4,912 shares of the company’s stock, valued at $108,555.20. The disclosure for this sale can be found here. 4.00% of the stock is currently owned by corporate insiders.

Several institutional investors have recently bought and sold shares of FINL. Eqis Capital Management Inc. boosted its position in The Finish Line by 1.0% in the second quarter. Eqis Capital Management Inc. now owns 12,685 shares of the company’s stock valued at $256,000 after buying an additional 126 shares in the last quarter. Profund Advisors LLC boosted its position in 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 in the last quarter. United Services Automobile Association boosted its position in 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 in the last quarter. Whittier Trust Co. boosted its position in The Finish Line by 1.2% in the second quarter. Whittier Trust Co. now owns 49,256 shares of the company’s stock worth $994,000 after buying an additional 597 shares in the last quarter. Finally, Arizona State Retirement System boosted its position in The Finish Line by 2.7% in the first quarter. Arizona State Retirement System now owns 22,719 shares of the company’s stock worth $479,000 after buying an additional 600 shares in the last quarter.

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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