Shoe Carnival, Inc. (NASDAQ:SCVL – Free Report) – Investment analysts at Seaport Res Ptn dropped their Q4 2025 earnings estimates for shares of Shoe Carnival in a report released on Thursday, November 21st. Seaport Res Ptn analyst M. Kummetz now expects that the company will post earnings of $0.42 per share for the quarter, down from their previous forecast of $0.44. The consensus estimate for Shoe Carnival’s current full-year earnings is $2.67 per share.
Several other brokerages also recently weighed in on SCVL. Williams Trading upped their price objective on Shoe Carnival from $42.00 to $51.00 and gave the stock a “buy” rating in a research report on Thursday, August 29th. StockNews.com downgraded shares of Shoe Carnival from a “hold” rating to a “sell” rating in a research note on Friday.
Shoe Carnival Stock Up 3.1 %
Shares of SCVL opened at $34.94 on Monday. The firm has a 50 day simple moving average of $38.78 and a two-hundred day simple moving average of $38.71. The company has a market cap of $949.32 million, a P/E ratio of 12.85 and a beta of 1.56. Shoe Carnival has a one year low of $22.75 and a one year high of $46.92. The company has a debt-to-equity ratio of 0.50, a current ratio of 3.88 and a quick ratio of 0.89.
Shoe Carnival (NASDAQ:SCVL – Get Free Report) last issued its quarterly earnings results on Thursday, September 5th. The company reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.03. The business had revenue of $332.70 million for the quarter, compared to the consensus estimate of $331.45 million. Shoe Carnival had a return on equity of 12.52% and a net margin of 6.12%. The firm’s quarterly revenue was up 12.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.71 earnings per share.
Institutional Investors Weigh In On Shoe Carnival
A number of institutional investors have recently modified their holdings of SCVL. Innealta Capital LLC bought a new position in shares of Shoe Carnival during the 2nd quarter worth approximately $41,000. Harvest Fund Management Co. Ltd bought a new position in Shoe Carnival during the third quarter worth $62,000. Quarry LP bought a new position in Shoe Carnival during the third quarter worth $66,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Shoe Carnival in the third quarter worth $76,000. Finally, FMR LLC increased its stake in Shoe Carnival by 8.7% in the third quarter. FMR LLC now owns 4,266 shares of the company’s stock valued at $187,000 after purchasing an additional 343 shares in the last quarter. 66.05% of the stock is owned by institutional investors.
Shoe Carnival Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 21st. Investors of record on Monday, October 7th were issued a $0.135 dividend. The ex-dividend date was Monday, October 7th. This represents a $0.54 dividend on an annualized basis and a yield of 1.55%. Shoe Carnival’s dividend payout ratio (DPR) is presently 19.85%.
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.
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