Analysts Set Expectations for Shoe Carnival FY2025 Earnings

Shoe Carnival, Inc. (NASDAQ:SCVL) – Equities research analysts at Seaport Res Ptn decreased their FY2025 EPS estimates for shares of Shoe Carnival in a research note issued on Monday, November 18th. Seaport Res Ptn analyst M. Kummetz now forecasts that the company will post earnings per share of $2.54 for the year, down from their prior forecast of $2.65. The consensus estimate for Shoe Carnival’s current full-year earnings is $2.54 per share. Seaport Res Ptn also issued estimates for Shoe Carnival’s Q4 2025 earnings at $0.44 EPS.

Shoe Carnival (NASDAQ:SCVL) last released its earnings results on Thursday, September 5th. The company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.80 by $0.03. The firm had revenue of $332.70 million for the quarter, compared to analysts’ expectations of $331.45 million. Shoe Carnival had a net margin of 6.26% and a return on equity of 13.26%. Shoe Carnival’s quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter last year, the company earned $0.71 EPS.

Separately, Williams Trading boosted their price objective on Shoe Carnival from $42.00 to $51.00 and gave the stock a “buy” rating in a report on Thursday, August 29th.

Shoe Carnival Price Performance

NASDAQ SCVL opened at $33.85 on Wednesday. The company has a market capitalization of $919.70 million, a P/E ratio of 12.00 and a beta of 1.56. Shoe Carnival has a 12 month low of $22.75 and a 12 month high of $46.92. The company’s 50 day simple moving average is $38.92 and its 200 day simple moving average is $38.67.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in SCVL. Pinnacle Associates Ltd. grew its holdings in shares of Shoe Carnival by 69.2% during the 3rd quarter. Pinnacle Associates Ltd. now owns 46,540 shares of the company’s stock valued at $2,041,000 after acquiring an additional 19,030 shares in the last quarter. CANADA LIFE ASSURANCE Co grew its stake in Shoe Carnival by 11.3% in the first quarter. CANADA LIFE ASSURANCE Co now owns 15,369 shares of the company’s stock valued at $562,000 after purchasing an additional 1,562 shares in the last quarter. Creative Planning acquired a new position in Shoe Carnival in the 2nd quarter worth about $281,000. Sei Investments Co. raised its stake in shares of Shoe Carnival by 16.1% during the 1st quarter. Sei Investments Co. now owns 52,221 shares of the company’s stock worth $1,914,000 after purchasing an additional 7,232 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Shoe Carnival by 2.3% during the 1st quarter. Russell Investments Group Ltd. now owns 82,153 shares of the company’s stock valued at $3,010,000 after buying an additional 1,853 shares during the last quarter. Institutional investors and hedge funds own 66.05% of the company’s stock.

Shoe Carnival Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, October 21st. Investors of record on Monday, October 7th were issued a dividend of $0.135 per share. This represents a $0.54 annualized dividend and a dividend yield of 1.60%. The ex-dividend date was Monday, October 7th. Shoe Carnival’s dividend payout ratio is currently 19.15%.

Shoe Carnival Company Profile

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.