Profit of 53 cents a share, excluding some items, matched estimates.
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The sports apparel and footwear chain, which carries brands Nike (NKE) and Under Armour (UA), reported same-store sales of 5.1%, higher than some analysts’ estimates.
Finish Line Inc.FINL -2.48 % on Friday said its comparable-store sales increased in the latest quarter and said it would change the role of its former chief executive more quickly than expected. The 52-week high of the shares is $25.92 and the 52 week low is $15.37. The stock has a market cap of $994.29 million, a price-to-earnings ratio of 60.43 and a beta of 0.90. FINL’s 50-day average is $23.16 and its two hundred day average is $20.46.
There was a reflection of 0.1% growth over a period of three years a period that the company also paid a dividend of $0.1. Stockholders of record on Friday, August 26th were given a $0.10 dividend. The ex-dividend date was Wednesday, August 24th. The Finish Line’s dividend payout ratio (DPR) is presently 100.00%. The company reiterated its full year EPS outlook that is in line with predictions.
In past year StoneCastle Financial Corp (NASDAQ:BANX) paid dividend of $0.37 per share versus the payout of $0.37 a share in the comparable quarter, implying a difference of -24.5 percent. TheStreet raised shares of The Finish Line to a “buy” rating in a research report on Thursday, May 26th. This factor is calculated as the firm’s net earnings/net income found on income statement minus dividends on preferred stock, divided by outstanding shares count.
Brokerage firm B. Riley Maintains its rating on Finish Line Inc (NASDAQ:FINL). Twelve research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Canaccord Genuity now has a rating of Buy on the shares. The stock was sold at an average price of $22.10, for a total transaction of $55,250.00. Following the completion of the sale, the director now directly owns 33,045 shares in the company, valued at approximately $648,673.35. The stock was sold at an average price of $20.30, for a total transaction of $365,400.00.
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Several hedge funds and other institutional investors have recently bought and sold shares of FINL. 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. The consistent buying on upticks in the stock accounted for $1.8million worth of trades. Finally, TFS Capital LLC increased its position in shares of The Finish Line by 130.2% in the second quarter.
