Shoe Carnival (SCVL) Scheduled to Post Quarterly Earnings on Thursday

Shoe Carnival (NASDAQ:SCVL) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, November 21st. Analysts expect Shoe Carnival to post earnings of $0.70 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Shoe Carnival (NASDAQ:SCVL) last announced its earnings results on Thursday, September 5th. The company reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $331.45 million. During the same quarter last year, the company posted $0.71 EPS. The firm’s revenue for the quarter 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 1.6 %

NASDAQ:SCVL opened at $34.82 on Tuesday. The firm has a market cap of $946.20 million, a PE ratio of 12.35 and a beta of 1.56. Shoe Carnival has a 12 month low of $22.75 and a 12 month high of $46.92. The company’s 50-day moving average price is $39.29 and its two-hundred day moving average price is $38.74.

Shoe Carnival Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 21st. Shareholders of record on Monday, October 7th were given a $0.135 dividend. The ex-dividend date of this dividend was Monday, October 7th. This represents a $0.54 annualized dividend and a yield of 1.55%. Shoe Carnival’s payout ratio is 19.15%.

Wall Street Analyst Weigh In

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

About Shoe Carnival

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.