Shoe Carnival, Inc. (NASDAQ:SCVL – Free Report) – Equities research analysts at Seaport Res Ptn decreased their Q4 2025 EPS estimates for Shoe Carnival in a research note issued on Thursday, November 21st. Seaport Res Ptn analyst M. Kummetz now expects that the company will post earnings per share of $0.42 for the quarter, down from their prior estimate of $0.44. The consensus estimate for Shoe Carnival’s current full-year earnings is $2.67 per share.
Several other analysts also recently commented on the stock. Williams Trading increased their target price on shares of Shoe Carnival from $42.00 to $51.00 and gave the company a “buy” rating in a report on Thursday, August 29th. StockNews.com downgraded shares of Shoe Carnival from a “hold” rating to a “sell” rating in a research report on Friday.
Shoe Carnival Stock Performance
Shares of Shoe Carnival stock opened at $34.94 on Monday. The company has a market cap of $949.32 million, a PE ratio of 12.85 and a beta of 1.56. The company has a quick ratio of 0.89, a current ratio of 3.88 and a debt-to-equity ratio of 0.50. Shoe Carnival has a 52 week low of $22.75 and a 52 week high of $46.92. The business has a 50 day moving average price of $38.78 and a 200-day moving average price of $38.71.
Shoe Carnival (NASDAQ:SCVL – Get Free Report) last posted its earnings results on Thursday, September 5th. The company reported $0.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.03. The company had revenue of $332.70 million for the quarter, compared to analyst estimates of $331.45 million. Shoe Carnival had a net margin of 6.12% and a return on equity of 12.52%. The firm’s 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 EPS.
Shoe Carnival Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, October 21st. Shareholders of record on Monday, October 7th were paid a $0.135 dividend. The ex-dividend date was Monday, October 7th. This represents a $0.54 annualized dividend and a dividend yield of 1.55%. Shoe Carnival’s payout ratio is presently 19.85%.
Hedge Funds Weigh In On Shoe Carnival
Large investors have recently modified their holdings of the business. Pacer Advisors Inc. purchased a new position in Shoe Carnival during the 3rd quarter valued at about $37,440,000. State Street Corp increased its holdings in shares of Shoe Carnival by 2.2% in the third quarter. State Street Corp now owns 793,318 shares of the company’s stock worth $34,787,000 after purchasing an additional 17,086 shares during the period. Geode Capital Management LLC raised its position in shares of Shoe Carnival by 2.4% in the third quarter. Geode Capital Management LLC now owns 452,548 shares of the company’s stock worth $19,848,000 after buying an additional 10,761 shares in the last quarter. American Century Companies Inc. boosted its stake in Shoe Carnival by 34.7% during the second quarter. American Century Companies Inc. now owns 410,355 shares of the company’s stock valued at $15,138,000 after buying an additional 105,818 shares during the period. Finally, Foundry Partners LLC boosted its stake in Shoe Carnival by 0.6% during the third quarter. Foundry Partners LLC now owns 149,735 shares of the company’s stock valued at $6,566,000 after buying an additional 940 shares during the period. Hedge funds and other institutional investors own 66.05% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than Shoe Carnival
- Top Biotech Stocks: Exploring Innovation Opportunities
- Abacus Life’s CEO on Cracking the Code of Longevity Returns
- Top Stocks Investing in 5G Technology
- Elon Musk and Trump Push for Self-Driving Cars: 3 Stocks to Gain
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Discover the 3 Best Performing Stocks That Went Public in 2024
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 MarketBeat.com's FREE daily email newsletter.