VEREIT, Inc. (VER) At $6.87 Forms Bottom; Shoe Carnival (SCVL)’s Sentiment Is 1.38

April 17, 2018 - By Jerrie Dane

Shoe Carnival, Inc. (NASDAQ:SCVL) Logo

VEREIT, Inc. (VER) formed multiple bottom with $6.66 target or 3.00% below today’s $6.87 share price. VEREIT, Inc. (VER) has $6.83 billion valuation. The stock increased 0.66% or $0.045 during the last trading session, reaching $6.865. About 578,205 shares traded. VEREIT, Inc. (NYSE:VER) has declined 19.24% since April 17, 2017 and is downtrending. It has underperformed by 30.79% the S&P500.

Shoe Carnival Inc (SCVL) investors sentiment increased to 1.38 in 2017 Q4. It’s up 0.06, from 1.32 in 2017Q3. The ratio has increased, as 72 institutional investors opened new and increased holdings, while 52 sold and reduced positions in Shoe Carnival Inc. The institutional investors in our database now hold: 12.75 million shares, up from 10.82 million shares in 2017Q3. Also, the number of institutional investors holding Shoe Carnival Inc in top ten holdings was flat from 0 to 0 for the same number . Sold All: 13 Reduced: 39 Increased: 32 New Position: 40.

Analysts await VEREIT, Inc. (NYSE:VER) to report earnings on May, 4 before the open. They expect $0.18 EPS, down 5.26% or $0.01 from last year’s $0.19 per share. VER’s profit will be $178.98 million for 9.53 P/E if the $0.18 EPS becomes a reality. After $0.18 actual EPS reported by VEREIT, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 7 analysts covering VEREIT Inc (NYSE:VER), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. VEREIT Inc has $9.50 highest and $8.50 lowest target. $9.17’s average target is 33.58% above currents $6.865 stock price. VEREIT Inc had 7 analyst reports since September 1, 2015 according to SRatingsIntel. The company was initiated on Tuesday, September 1 by Goldman Sachs. The company was initiated on Thursday, September 17 by DA Davidson. As per Friday, August 5, the company rating was upgraded by Capital One. The firm earned “Equal Weight” rating on Monday, December 21 by CapitalOne. The stock of VEREIT, Inc. (NYSE:VER) has “Neutral” rating given on Friday, November 6 by JP Morgan. The firm has “Neutral” rating given on Friday, October 14 by Mizuho. The stock has “Mkt Outperform” rating by JMP Securities on Monday, January 9.

Since January 1, 0001, it had 0 buys, and 3 selling transactions for $302,781 activity.

The stock increased 1.63% or $0.4 during the last trading session, reaching $24.9. About 54,367 shares traded. Shoe Carnival, Inc. (SCVL) has risen 5.07% since April 17, 2017 and is uptrending. It has underperformed by 6.48% the S&P500.

Lucus Advisors Llc holds 0.48% of its portfolio in Shoe Carnival, Inc. for 12,350 shares. Monarch Partners Asset Management Llc owns 131,400 shares or 0.33% of their US portfolio. Moreover, Alpha Windward Llc has 0.3% invested in the company for 18,840 shares. The Ontario – Canada-based Hillsdale Investment Management Inc. has invested 0.26% in the stock. Foundry Partners Llc, a Minnesota-based fund reported 175,475 shares.

Analysts await Shoe Carnival, Inc. (NASDAQ:SCVL) to report earnings on May, 23. They expect $0.75 EPS, up 56.25% or $0.27 from last year’s $0.48 per share. SCVL’s profit will be $12.35M for 8.30 P/E if the $0.75 EPS becomes a reality. After $0.11 actual EPS reported by Shoe Carnival, Inc. for the previous quarter, Wall Street now forecasts 581.82% EPS growth.

Shoe Carnival, Inc. (NASDAQ:SCVL) Institutional Positions Chart