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

Shoe Carnival (NASDAQ:SCVL – Get Rating) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, March 22nd. Analysts expect Shoe Carnival to post earnings of $0.78 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Shoe Carnival Stock Performance

Shares of NASDAQ SCVL opened at $24.87 on Wednesday. The business has a fifty day moving average of $26.54 and a two-hundred day moving average of $24.62. Shoe Carnival has a 52-week low of $19.42 and a 52-week high of $36.48. The stock has a market cap of $675.72 million, a PE ratio of 6.43 and a beta of 1.43.

Shoe Carnival Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, January 23rd. Investors of record on Monday, January 9th were issued a $0.09 dividend. The ex-dividend date of this dividend was Friday, January 6th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.45%. Shoe Carnival’s dividend payout ratio is 9.25%.

Institutional Trading of Shoe Carnival

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Captrust Financial Advisors grew its position in shares of Shoe Carnival by 54.3% in the 1st quarter. Captrust Financial Advisors now owns 2,278 shares of the company’s stock valued at $66,000 after purchasing an additional 802 shares during the period. Point72 Hong Kong Ltd lifted its stake in Shoe Carnival by 14.8% in the 2nd quarter. Point72 Hong Kong Ltd now owns 4,661 shares of the company’s stock valued at $101,000 after acquiring an additional 602 shares in the last quarter. Teachers Retirement System of The State of Kentucky bought a new stake in shares of Shoe Carnival during the 3rd quarter worth approximately $127,000. Quadrature Capital Ltd bought a new stake in shares of Shoe Carnival during the 3rd quarter worth approximately $207,000. Finally, UBS Group AG raised its stake in shares of Shoe Carnival by 176.4% during the 4th quarter. UBS Group AG now owns 9,680 shares of the company’s stock worth $231,000 after purchasing an additional 22,358 shares in the last quarter. 65.33% of the stock is owned by institutional investors.

About Shoe Carnival

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Shoe Carnival, Inc engages in the retail of footwear products. It offers casual and athletic footwear for men, women, and children under the Skechers, Clarks, Adidas, Crocs, New Balance, Converse, Roxy, Nike, Vans, Madden Girl, Sperry, Rampage, Keds, PUMA, Timberland, Koolaburra, Jellypop, and ASICS brands.