Shoe Carnival (SCVL) Stock Price, News & Analysis

Company Overview

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. Shoe Carnival, Inc. was founded in 1978 and is headquartered in Evansville, Indiana.

Key Stats

• Today's Range: $42.97 to $43.98
• 50-Day Range: $37.55 to $45.82
• 52-Week Range: $21.18 to $46.92
• Volume: 250,610 shs
• Average Volume: 229,029 shs
• Market Capitalization: $1.18 billion
• P/E Ratio: 16.10
• Dividend Yield: 1.24%
• Price Target: $42.00
• Consensus Rating: Moderate Buy

Shoe Carnival Stock Analysis - MarketRank™

Shoe Carnival scored higher than 67% of companies evaluated by MarketBeat, and ranked 119th out of 223 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Shoe Carnival has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Shoe Carnival has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 14.34%

Earnings Growth

Earnings for Shoe Carnival are expected to grow by 14.34% in the coming year, from $2.65 to $3.03 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Shoe Carnival is 16.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.35.

Price to Earnings Ratio vs. Sector

The P/E ratio of Shoe Carnival is 16.10, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 23.12.

Price to Book Value per Share Ratio

Shoe Carnival has a P/B Ratio of 1.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.69% of the outstanding shares of Shoe Carnival have been sold short.

Short Interest Ratio / Days to Cover

Shoe Carnival has a short interest ratio ("days to cover") of 8.5.

Change versus previous month

Short interest in Shoe Carnival has recently increased by 5.36%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Shoe Carnival pays a meaningful dividend of 1.21%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Shoe Carnival has been increasing its dividend for 13 years.

Dividend Coverage

The dividend payout ratio of Shoe Carnival is 19.93%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Shoe Carnival will have a dividend payout ratio of 17.82% next year. This indicates that Shoe Carnival will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

8.69% of the outstanding shares of Shoe Carnival have been sold short.

Short Interest Ratio / Days to Cover

Shoe Carnival has a short interest ratio ("days to cover") of 8.5.

Change versus previous month

Short interest in Shoe Carnival has recently increased by 5.36%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.87

News Sentiment

Shoe Carnival has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Shoe Carnival this week, compared to 3 articles on an average week.

Search Interest

4 people have searched for SCVL on MarketBeat in the last 30 days.

MarketBeat Follows

Only 1 people have added Shoe Carnival to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Shoe Carnival insiders have not sold or bought any company stock.

Percentage Held by Insiders

34.70% of the stock of Shoe Carnival is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

66.05% of the stock of Shoe Carnival is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SCVL Stock Analysis - Frequently Asked Questions

How have SCVL shares performed this year?

Shoe Carnival's stock was trading at $30.21 at the start of the year. Since then, SCVL shares have increased by 44.4% and is now trading at $43.63.
View the best growth stocks for 2024 here.

How were Shoe Carnival's earnings last quarter?

Shoe Carnival, Inc. (NASDAQ:SCVL) posted its earnings results on Thursday, September, 5th. The company reported $0.83 EPS for the quarter, topping analysts' consensus estimates of $0.80 by $0.03. Shoe Carnival's revenue was up 12.9% compared to the same quarter last year.

When did Shoe Carnival's stock split?

Shares of Shoe Carnival split before market open on Tuesday, July 20th 2021. The 2-1 split was announced on Tuesday, July 20th 2021. The newly issued shares were issued to shareholders after the market closes on Tuesday, July 20th 2021. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Who are Shoe Carnival's major shareholders?

Top institutional shareholders of Shoe Carnival include Dimensional Fund Advisors LP (7.78%), Hodges Capital Management Inc. (1.90%), American Century Companies Inc. (1.51%) and New South Capital Management Inc. (1.48%). Insiders that own company stock include Carl N Scibetta and Andrea R Guthrie.
View institutional ownership trends.

How do I buy shares of Shoe Carnival?

Shares of SCVL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Shoe Carnival own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Shoe Carnival investors own include Coty (COTY), Walt Disney (DIS), Block (SQ), Target (TGT), Advanced Micro Devices (AMD), Carnival Co. & (CCL) and Designer Brands (DBI).

Company Calendar

• Ex-Dividend for 7/22 Dividend: 7/08/2024
• Dividend Payable: 7/22/2024
• Last Earnings: 9/05/2024
• Today: 9/27/2024
• Ex-Dividend for 10/21 Dividend: 10/07/2024
• Dividend Payable: 10/21/2024
• Next Earnings (Estimated): 11/21/2024
• Fiscal Year End: 1/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Shoe stores
• Sub-Industry: Apparel Retail
• Current Symbol: NASDAQ:SCVL
• CUSIP: 82488910
• CIK: 895447
• Web: www.shoecarnival.com
• Phone: (812) 867-4034
• Fax: 812-867-4570
• Employees: 5,300
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $42.00
• High Stock Price Target: $51.00
• Low Stock Price Target: $33.00
• Potential Upside/Downside: -3.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.71
• Trailing P/E Ratio: 16.01
• Forward P/E Ratio: 16.37
• P/E Growth: N/A
• Net Income: $73.35 million
• Net Margins: 6.26%
• Pretax Margin: 8.40%
• Return on Equity: 13.26%
• Return on Assets: 7.35%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.36
• Quick Ratio: 0.70

Sales & Book Value

• Annual Sales: $1.23 billion
• Price / Sales: 0.96
• Cash Flow: $3.68 per share
• Price / Cash Flow: 11.80
• Book Value: $22.76 per share
• Price / Book: 1.91

Miscellaneous

• Outstanding Shares: 27,158,000
• Free Float: 17,734,000
• Market Cap: $1.18 billion
• Optionable: Optionable
• Beta: 1.53