Shoe Carnival (SCVL) to Release Quarterly Earnings on Thursday

Posted by Defense World Staff on Nov 14th, 2024

Shoe Carnival (NASDAQ:SCVL – Get Free Report) 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 listen to the company’s conference call can do so using this link.

Shoe Carnival (NASDAQ:SCVL – Get Free Report) last posted its quarterly earnings results on Thursday, September 5th. The company reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.03. The firm had revenue of $332.70 million for the quarter, compared to analyst estimates of $331.45 million. Shoe Carnival had a net margin of 6.26% and a return on equity of 13.26%. The firm’s quarterly revenue was up 12.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.71 earnings per share. 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 Performance

Shoe Carnival stock opened at $37.84 on Thursday. The firm has a market cap of $1.03 billion, a price-to-earnings ratio of 13.42 and a beta of 1.56. Shoe Carnival has a 1 year low of $21.50 and a 1 year high of $46.92. The firm’s 50 day moving average price is $39.57 and its two-hundred day moving average price is $38.67.

Shoe Carnival Announces Dividend

The firm also recently declared 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 1.43%. Shoe Carnival’s dividend payout ratio (DPR) is 19.15%.

Analyst Upgrades and Downgrades

Separately, Williams Trading lifted their price target 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.

Check Out Our Latest Report on Shoe Carnival

About Shoe Carnival

(Get Free Report)

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.