Shoe Carnival (NASDAQ:SCVL) is set to release its earnings data after the market closes on Wednesday, March 21st. Analysts expect Shoe Carnival to post earnings of $0.08 per share for the quarter.

Shares of Shoe Carnival (NASDAQ SCVL) opened at $22.88 on Wednesday. Shoe Carnival has a 52 week low of $15.07 and a 52 week high of $28.38. The firm has a market capitalization of $382.26, a PE ratio of 17.20, a PEG ratio of 1.03 and a beta of 0.85.

Shoe Carnival announced that its board has authorized a share repurchase plan on Tuesday, December 19th that authorizes the company to repurchase $50.00 million in shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its stock is undervalued.

A number of research firms have recently weighed in on SCVL. Pivotal Research began coverage on Shoe Carnival in a research note on Tuesday, November 21st. They issued a “hold” rating and a $28.00 target price for the company. BidaskClub raised Shoe Carnival from a “sell” rating to a “hold” rating in a research note on Friday, February 9th. Susquehanna Bancshares reissued a “buy” rating and issued a $28.00 target price on shares of Shoe Carnival in a research note on Friday, November 17th. TheStreet raised Shoe Carnival from a “c” rating to a “b-” rating in a research note on Friday, November 17th. Finally, Zacks Investment Research lowered Shoe Carnival from a “buy” rating to a “hold” rating in a research note on Wednesday, February 21st. Eight analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $25.86.

COPYRIGHT VIOLATION NOTICE: “Shoe Carnival (SCVL) to Release Earnings on Wednesday” was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this news story on another domain, it was illegally copied and reposted in violation of U.S. and international copyright law. The legal version of this news story can be accessed at

About Shoe Carnival

Shoe Carnival, Inc is a family footwear retailer. The Company’s primary activity is the sale of footwear and related products through its retail stores in approximately 30 states within the continental United States and in Puerto Rico. It also offers online shopping on its e-commerce site at

Earnings History for Shoe Carnival (NASDAQ:SCVL)

Receive News & Ratings for Shoe Carnival Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shoe Carnival and related companies with's FREE daily email newsletter.