Shoe Carnival (SCVL) to Release Quarterly Earnings on Thursday

Shoe Carnival (NASDAQ:SCVL) is set to issue its quarterly earnings data before the market opens on Thursday, November 21st. Analysts expect the company to announce earnings of $0.70 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Shoe Carnival (NASDAQ:SCVL) last posted its quarterly earnings results on Thursday, September 5th. The company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.80 by $0.03. Shoe Carnival had a net margin of 6.26% and a return on equity of 13.26%. The business had revenue of $332.70 million for the quarter, compared to analysts’ expectations of $331.45 million. During the same period in the previous year, the company posted $0.71 EPS. Shoe Carnival’s revenue was up 12.9% on a year-over-year basis. On average, analysts expect Shoe Carnival to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shoe Carnival Stock Down 1.3 %

Shoe Carnival stock opened at $37.84 on Thursday. The company’s fifty day simple moving average is $39.57 and its 200-day simple moving average is $38.67. Shoe Carnival has a 12 month low of $21.50 and a 12 month high of $46.92. The stock has a market cap of $1.03 billion, a P/E ratio of 13.42 and a beta of 1.56.

Shoe Carnival Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, October 21st. Stockholders of record on Monday, October 7th were issued a dividend of $0.135 per share. This represents a $0.54 annualized dividend and a dividend yield of 1.43%. The ex-dividend date was Monday, October 7th. Shoe Carnival’s dividend payout ratio is currently 19.15%.

Analyst Upgrades and Downgrades

Separately, Williams Trading boosted their price target on shares of Shoe Carnival from $42.00 to $51.00 and gave the company a “buy” rating in a report on Thursday, August 29th.

Shoe Carnival Company Profile

Shoe Carnival, Inc, together with its subsidiaries, operates as a family footwear retailer in the United States. The company offers range of dress, casual, work, and athletic shoes, as well as sandals and boots for men, women, and children; and various accessories. The company also operates stores, and sells its products through online shopping at shoecarnival.com, as well as through mobile app.