Finish Line Inc (NASDAQ:FINL) was the target of some unusual options trading on Friday. Stock investors purchased 12,216 call options on the stock. This is an increase of approximately 1,919% compared to the average volume of 605 call options.

Several brokerages have recently issued reports on FINL. Piper Jaffray Companies reaffirmed an “underweight” rating and set a $8.00 price target on shares of Finish Line in a research note on Monday, September 18th. B. Riley reaffirmed a “neutral” rating on shares of Finish Line in a research note on Wednesday, November 1st. Wells Fargo & Company cut their price target on Finish Line from $12.00 to $9.00 and set a “market perform” rating on the stock in a research note on Sunday, October 1st. Citigroup lowered Finish Line from a “neutral” rating to a “sell” rating and cut their price target for the company from $14.00 to $5.00 in a research note on Tuesday, August 29th. Finally, Zacks Investment Research lowered Finish Line from a “hold” rating to a “sell” rating in a research note on Monday, August 28th. Five research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $11.00.

Several institutional investors have recently made changes to their positions in the business. Texas Permanent School Fund increased its holdings in shares of Finish Line by 0.3% in the second quarter. Texas Permanent School Fund now owns 29,462 shares of the specialty retailer’s stock worth $417,000 after acquiring an additional 96 shares in the last quarter. Tocqueville Asset Management L.P. increased its holdings in shares of Finish Line by 0.6% in the second quarter. Tocqueville Asset Management L.P. now owns 23,854 shares of the specialty retailer’s stock worth $338,000 after acquiring an additional 154 shares in the last quarter. NGAM Advisors L.P. increased its holdings in shares of Finish Line by 1.6% in the second quarter. NGAM Advisors L.P. now owns 15,461 shares of the specialty retailer’s stock worth $219,000 after acquiring an additional 240 shares in the last quarter. QS Investors LLC increased its holdings in shares of Finish Line by 0.5% in the second quarter. QS Investors LLC now owns 225,029 shares of the specialty retailer’s stock worth $3,189,000 after acquiring an additional 1,212 shares in the last quarter. Finally, Teachers Advisors LLC increased its holdings in shares of Finish Line by 1.8% in the second quarter. Teachers Advisors LLC now owns 74,464 shares of the specialty retailer’s stock worth $1,055,000 after acquiring an additional 1,313 shares in the last quarter. Institutional investors own 99.96% of the company’s stock.

Shares of Finish Line (FINL) opened at $12.13 on Monday. The company has a market capitalization of $487.55, a PE ratio of 19.89, a P/E/G ratio of 2.24 and a beta of 1.39. Finish Line has a fifty-two week low of $6.90 and a fifty-two week high of $23.61.

Finish Line (NASDAQ:FINL) last released its quarterly earnings data on Friday, September 22nd. The specialty retailer reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.01. The business had revenue of $469.40 million during the quarter, compared to the consensus estimate of $478.25 million. Finish Line had a positive return on equity of 5.44% and a negative net margin of 2.13%. The firm’s revenue was down 3.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.53 earnings per share. equities analysts expect that Finish Line will post 0.52 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, December 11th. Shareholders of record on Friday, November 24th were issued a $0.11 dividend. The ex-dividend date of this dividend was Wednesday, November 22nd. This represents a $0.44 annualized dividend and a dividend yield of 3.63%. Finish Line’s dividend payout ratio (DPR) is currently 137.50%.

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Finish Line Company Profile

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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