Shoe Carnival (SCVL) Scheduled to Post Earnings on Thursday

Shoe Carnival (NASDAQ:SCVL) is scheduled to issue its quarterly earnings data before the market opens on Thursday, September 5th. Analysts expect the company to announce earnings of $0.80 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Shoe Carnival Price Performance

Shares of Shoe Carnival stock opened at $38.07 on Wednesday. Shoe Carnival has a fifty-two week low of $20.75 and a fifty-two week high of $44.48. The firm has a fifty day moving average price of $39.89 and a two-hundred day moving average price of $36.45. The company has a market cap of $1.03 billion, a PE ratio of 14.05 and a beta of 1.53.

Shoe Carnival Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 22nd. Stockholders of record on Monday, July 8th were paid a $0.135 dividend. This represents a $0.54 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date of this dividend was Monday, July 8th. Shoe Carnival’s dividend payout ratio is 19.93%.

Analyst Ratings Changes

Separately, Williams Trading raised their target price on shares of Shoe Carnival from $42.00 to $51.00 and gave the company a “buy” rating in a research note 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.