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: $33.34 to $35.07
• 50-Day Range: $32.69 to $40.35
• 52-Week Range: $24.94 to $46.92
• Volume: 1.83 million shs
• Average Volume: 266,554 shs
• Market Capitalization: $941.61 million
• P/E Ratio: 12.74
• Dividend Yield: 1.56%
• Price Target: $42.00
• Consensus Rating: Moderate Buy

Shoe Carnival Stock Analysis - MarketRank™

Shoe Carnival scored higher than 74% of companies evaluated by MarketBeat, and ranked 94th out of 219 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: 2.3 / 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 received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 12.69%

Earnings Growth

Earnings for Shoe Carnival are expected to grow by 12.69% in the coming year, from $2.60 to $2.93 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Shoe Carnival is 12.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.72.

Price to Earnings Ratio vs. Sector

The P/E ratio of Shoe Carnival is 12.74, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 108.79.

Price to Book Value per Share Ratio

Shoe Carnival has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.12% 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 7.6.

Change versus previous month

Short interest in Shoe Carnival has recently decreased by 0.36%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Shoe Carnival pays a meaningful dividend of 1.49%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Shoe Carnival does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Shoe Carnival is 19.85%. 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 18.43% 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

10.12% 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 7.6.

Change versus previous month

Short interest in Shoe Carnival has recently decreased by 0.36%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.45

News Sentiment

Shoe Carnival has a news sentiment score of 0.45. 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 lower news sentiment than the 0.71 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Shoe Carnival this week, compared to 4 articles on an average week.

Search Interest

Only 1 people have searched for SCVL on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

MarketBeat Follows

2 people have added Shoe Carnival to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 5.0 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Shoe Carnival insiders have bought 38,660.88% more of their company's stock than they have sold. Specifically, they have bought $9,681,305.00 in company stock and sold $24,977.00 in 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 on January 1st, 2024. Since then, SCVL shares have increased by 14.7% and is now trading at $34.65.
View the best growth stocks for 2024 here.

How were Shoe Carnival's earnings last quarter?

Shoe Carnival, Inc. (NASDAQ:SCVL) issued its quarterly earnings results on Thursday, November, 21st. The company reported $0.71 EPS for the quarter, beating analysts' consensus estimates of $0.70 by $0.01. Shoe Carnival's revenue was down 4.1% on a year-over-year basis.

When did Shoe Carnival's stock split?

Shoe Carnival's stock split before market open on Tuesday, July 20th 2021. The 2-1 split was announced on Tuesday, July 20th 2021. The newly created 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.

Is Shoe Carnival doing a stock buyback?

Shoe Carnival's board initiated a stock buyback plan on Thursday, December 12th 2024, which authorizes the company to repurchase $50,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 5.2% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

Who are Shoe Carnival's major shareholders?

Shoe Carnival's top institutional investors include Copeland Capital Management LLC (4.33%), Pacer Advisors Inc. (3.14%), State Street Corp (2.92%) and Hodges Capital Management Inc. (1.78%). Insiders that own company stock include Wayne J Weaver, 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 NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and CrowdStrike (CRWD).

Company Calendar

• Ex-Dividend for 10/21 Dividend: 10/07/2024
• Dividend Payable: 10/21/2024
• Last Earnings: 11/21/2024
• Today: 12/20/2024
• Ex-Dividend for 1/27 Dividend: 1/13/2025
• Dividend Payable: 1/27/2025
• 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: +21.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.72
• Trailing P/E Ratio: 12.74
• Forward P/E Ratio: 13.33
• P/E Growth: N/A
• Net Income: $73.35 million
• Net Margins: 6.12%
• Pretax Margin: 8.23%
• Return on Equity: 12.52%
• Return on Assets: 6.97%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.88
• Quick Ratio: 0.89

Sales & Book Value

• Annual Sales: $1.22 billion
• Price / Sales: 0.77
• Cash Flow: $3.83 per share
• Price / Cash Flow: 9.05
• Book Value: $23.39 per share
• Price / Book: 1.48

Miscellaneous

• Outstanding Shares: 27,175,000
• Free Float: 17,745,000
• Market Cap: $941.61 million
• Optionable: Optionable
• Beta: 1.53