Shoe Carnival, Inc. (NASDAQ:SCVL - Free Report) - Equities researchers at Seaport Res Ptn reduced their Q4 2025 earnings per share estimates for shares of Shoe Carnival in a research note issued on Thursday, November 21st. Seaport Res Ptn analyst M. Kummetz now forecasts 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.
Shoe Carnival (NASDAQ:SCVL - Get Free Report) last released its earnings results on Thursday, September 5th. The company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.03. Shoe Carnival had a return on equity of 12.52% and a net margin of 6.12%. The company had revenue of $332.70 million for the quarter, compared to analysts' expectations of $331.45 million. During the same quarter in the previous year, the business posted $0.71 EPS. The business's revenue for the quarter was up 12.9% on a year-over-year basis.
Several other equities research analysts have also weighed in on SCVL. Williams Trading boosted their target price on Shoe Carnival from $42.00 to $51.00 and gave the stock a "buy" rating in a report on Thursday, August 29th. StockNews.com lowered Shoe Carnival from a "hold" rating to a "sell" rating in a report on Friday.
Read Our Latest Analysis on Shoe Carnival
Shoe Carnival Stock Up 4.0 %
Shares of Shoe Carnival stock traded up $1.35 during trading on Monday, hitting $35.25. 249,583 shares of the stock traded hands, compared to its average volume of 247,363. The stock has a market cap of $957.74 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 quick ratio of 0.89 and a current ratio of 3.88. Shoe Carnival has a twelve month low of $22.75 and a twelve month high of $46.92. The company has a fifty day moving average price of $38.78 and a two-hundred day moving average price of $38.71.
Institutional Trading of Shoe Carnival
A number of large investors have recently bought and sold shares of the stock. Pacer Advisors Inc. bought a new stake in Shoe Carnival in the third quarter valued at $37,440,000. State Street Corp boosted its stake in 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 in the last quarter. Geode Capital Management LLC boosted its stake in 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 purchasing an additional 10,761 shares in the last quarter. American Century Companies Inc. boosted its stake in Shoe Carnival by 34.7% in the second quarter. American Century Companies Inc. now owns 410,355 shares of the company's stock worth $15,138,000 after purchasing an additional 105,818 shares in the last quarter. Finally, Foundry Partners LLC boosted its stake in Shoe Carnival by 0.6% in the third quarter. Foundry Partners LLC now owns 149,735 shares of the company's stock worth $6,566,000 after purchasing an additional 940 shares in the last quarter. 66.05% of the stock is currently owned by institutional investors.
Shoe Carnival Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, October 21st. Shareholders of record on Monday, October 7th were given a $0.135 dividend. This represents a $0.54 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date was Monday, October 7th. Shoe Carnival's dividend payout ratio (DPR) is 19.85%.
About Shoe Carnival
(
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.
Recommended Stories
Before you consider Shoe Carnival, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Shoe Carnival wasn't on the list.
While Shoe Carnival currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.