Seaport Res Ptn Forecasts Weaker Earnings for Shoe Carnival

Shoe Carnival, Inc. (NASDAQ:SCVLFree Report) – Equities research analysts at Seaport Res Ptn lowered their Q4 2025 earnings estimates for shares of Shoe Carnival in a report issued on Thursday, November 21st. Seaport Res Ptn analyst M. Kummetz now anticipates that the company will earn $0.42 per share for the quarter, down from their previous estimate of $0.44. The consensus estimate for Shoe Carnival’s current full-year earnings is $2.67 per share.

A number of other equities analysts have also weighed in on SCVL. StockNews.com lowered shares of Shoe Carnival from a “hold” rating to a “sell” rating in a research report on Friday. Williams Trading raised their price objective on Shoe Carnival from $42.00 to $51.00 and gave the company a “buy” rating in a research report on Thursday, August 29th.

Read Our Latest Analysis on Shoe Carnival

Shoe Carnival Trading Up 0.1 %

Shares of SCVL opened at $33.90 on Monday. The firm has a market cap of $921.06 million, a P/E ratio of 12.46 and a beta of 1.56. The company has a debt-to-equity ratio of 0.50, a current ratio of 3.88 and a quick ratio of 0.70. Shoe Carnival has a 1 year low of $22.75 and a 1 year high of $46.92. The company has a 50 day simple moving average of $38.78 and a two-hundred day simple moving average of $38.71.

Shoe Carnival (NASDAQ:SCVLGet Free Report) last released its quarterly earnings data 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 firm had revenue of $332.70 million during the quarter, compared to analyst estimates of $331.45 million. Shoe Carnival had a return on equity of 12.52% and a net margin of 6.12%. The business’s quarterly revenue was up 12.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.71 earnings per share.

Shoe Carnival Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, October 21st. Stockholders of record on Monday, October 7th were given a dividend of $0.135 per share. The ex-dividend date was Monday, October 7th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 1.59%. Shoe Carnival’s dividend payout ratio is currently 19.85%.

Institutional Investors Weigh In On Shoe Carnival

Several large investors have recently bought and sold shares of SCVL. Innealta Capital LLC purchased a new position in Shoe Carnival in the second quarter worth about $41,000. Harvest Fund Management Co. Ltd bought a new stake in shares of Shoe Carnival in the 3rd quarter valued at approximately $62,000. Quarry LP purchased a new position in shares of Shoe Carnival in the 3rd quarter worth approximately $66,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Shoe Carnival during the 3rd quarter valued at approximately $76,000. Finally, FMR LLC raised its holdings in Shoe Carnival by 8.7% during the 3rd quarter. FMR LLC now owns 4,266 shares of the company’s stock valued at $187,000 after buying an additional 343 shares during the period. Institutional investors own 66.05% of the company’s stock.

Shoe Carnival Company Profile

(Get Free Report)

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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Earnings History and Estimates for Shoe Carnival (NASDAQ:SCVL)

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