The Finish Line (NASDAQ:FINL) Receives Daily Media Sentiment Score of 0.21

Headlines about The Finish Line (NASDAQ:FINL) have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. The Finish Line earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned news articles about the specialty retailer an impact score of 46.5193719733354 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the media stories that may have impacted Accern’s scoring:

• FINISH LINE INC /IN/ : Submission of Matters to a Vote of Security Holders (form 8-K) (4-traders.com)
• The Finish Line, Inc. breached its 50 day moving average in a Bullish Manner : FINL-US : July 14, 2017 (finance.yahoo.com)
• The Finish Line, Inc. (NASDAQ:FINL) Announces $0.11 Quarterly Dividend (americanbankingnews.com)
• The Finish Line Target of Unusually High Options Trading (NASDAQ:FINL) (americanbankingnews.com)
• The Finish Line Inc (footballhebdo.com)

The Finish Line (FINL) traded up 1.56% during midday trading on Wednesday, hitting $14.32. 344,335 shares of the company’s stock traded hands. The Finish Line has a 52 week low of $12.25 and a 52 week high of $24.52. The company’s market capitalization is $574.89 million. The company has a 50 day moving average of $14.06 and a 200-day moving average of $15.53.

The Finish Line (NASDAQ:FINL) last released its earnings results on Friday, June 23rd. The specialty retailer reported $0.23 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.23. The Finish Line had a positive return on equity of 8.97% and a negative net margin of 1.05%. The company had revenue of $429.80 million for the quarter, compared to analysts’ expectations of $433.97 million. During the same quarter in the previous year, the business posted $0.23 EPS. The business’s revenue for the quarter was up .0% on a year-over-year basis. Equities research analysts predict that The Finish Line will post $1.14 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 11th. Shareholders of record on Friday, August 25th will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Wednesday, August 23rd. This represents a $0.44 annualized dividend and a yield of 3.12%. The Finish Line’s dividend payout ratio (DPR) is presently -89.80%.

FINL has been the topic of several research analyst reports. Monness Crespi & Hardt upgraded shares of The Finish Line from a “neutral” rating to a “buy” rating and lifted their target price for the company from $14.09 to $17.00 in a research report on Monday, May 22nd. They noted that the move was a valuation call. Credit Suisse Group dropped their target price on shares of The Finish Line from $19.00 to $14.00 and set a “neutral” rating on the stock in a research report on Monday, March 27th. Citigroup Inc. dropped their target price on shares of The Finish Line from $19.00 to $14.00 and set a “neutral” rating on the stock in a research report on Monday, March 27th. Canaccord Genuity reiterated a “hold” rating and issued a $18.00 target price on shares of The Finish Line in a research report on Tuesday, March 21st. Finally, Zacks Investment Research lowered shares of The Finish Line from a “hold” rating to a “strong sell” rating in a research report on Monday, June 19th. Nineteen analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $18.20.

WARNING: This article was first posted by [[site]] and is owned by of [[site]]. If you are reading this article on another publication, it was stolen and reposted in violation of US & international copyright and trademark laws. The original version of this article can be accessed at [[permalink]].

In other The Finish Line news, COO Melissa A. Greenwell sold 4,077 shares of The Finish Line stock in a transaction dated Saturday, July 29th. The stock was sold at an average price of $21.67, for a total transaction of $88,348.59. Following the transaction, the chief operating officer now owns 11,862 shares of the company’s stock, valued at approximately $257,049.54. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Melissa A. Greenwell sold 7,525 shares of The Finish Line stock in a transaction dated Saturday, July 15th. The shares were sold at an average price of $22.71, for a total value of $170,892.75. Following the transaction, the chief operating officer now directly owns 11,862 shares in the company, valued at approximately $269,386.02. The disclosure for this sale can be found here. Insiders own 6.00% of the company’s stock.

About The 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.