Brokers Issue Forecasts for Shoe Carnival, Inc.'s Q2 2025 Earnings (NASDAQ:SCVL)

Shoe Carnival, Inc. (NASDAQ:SCVL - Free Report) - Investment analysts at Seaport Res Ptn upped their Q2 2025 earnings per share estimates for shares of Shoe Carnival in a report issued on Monday, May 20th. Seaport Res Ptn analyst M. Kummetz now forecasts that the company will post earnings per share of $0.85 for the quarter, up from their previous estimate of $0.81. The consensus estimate for Shoe Carnival's current full-year earnings is $2.65 per share. Seaport Res Ptn also issued estimates for Shoe Carnival's Q3 2025 earnings at $0.72 EPS and Q4 2025 earnings at $0.49 EPS.

A number of other analysts have also recently weighed in on SCVL. Williams Trading raised Shoe Carnival from a "hold" rating to a "buy" rating and set a $40.00 price objective for the company in a research report on Friday, March 22nd. Monness Crespi & Hardt cut Shoe Carnival from a "buy" rating to a "neutral" rating in a research report on Tuesday, March 19th.

Shoe Carnival Stock Down 0.0 %

Shares of Shoe Carnival stock traded down $0.01 during trading on Wednesday, reaching $34.40. The company's stock had a trading volume of 324,057 shares, compared to its average volume of 184,582. The company has a market cap of $934.30 million, a price-to-earnings ratio of 12.84 and a beta of 1.57. Shoe Carnival has a 1-year low of $19.24 and a 1-year high of $37.08. The company has a 50-day simple moving average of $34.36 and a two-hundred day simple moving average of $29.88.

Shoe Carnival (NASDAQ:SCVL - Get Free Report) last announced its earnings results on Thursday, March 21st. The company reported $0.59 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.59. The business had revenue of $280.20 million for the quarter, compared to analysts' expectations of $280.30 million. Shoe Carnival had a return on equity of 13.17% and a net margin of 6.24%. The business's revenue for the quarter was down 3.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.79 EPS.

Shoe Carnival Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 22nd. Shareholders of record on Monday, April 8th were given a dividend of $0.135 per share. The ex-dividend date was Friday, April 5th. This represents a $0.54 dividend on an annualized basis and a yield of 1.57%. This is a boost from Shoe Carnival's previous quarterly dividend of $0.12. Shoe Carnival's payout ratio is currently 20.15%.

Insiders Place Their Bets

In other Shoe Carnival news, Director Andrea R. Guthrie sold 2,467 shares of Shoe Carnival stock in a transaction dated Tuesday, April 16th. The stock was sold at an average price of $32.46, for a total transaction of $80,078.82. Following the completion of the sale, the director now owns 20,106 shares of the company's stock, valued at approximately $652,640.76. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Shoe Carnival news, Director Andrea R. Guthrie sold 2,467 shares of Shoe Carnival stock in a transaction dated Tuesday, April 16th. The stock was sold at an average price of $32.46, for a total transaction of $80,078.82. Following the completion of the sale, the director now owns 20,106 shares of the company's stock, valued at approximately $652,640.76. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Carl N. Scibetta sold 5,415 shares of Shoe Carnival stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of $35.45, for a total value of $191,961.75. Following the sale, the executive vice president now directly owns 118,077 shares of the company's stock, valued at approximately $4,185,829.65. The disclosure for this sale can be found here. 34.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Shoe Carnival

Several institutional investors and hedge funds have recently modified their holdings of SCVL. First Dallas Securities Inc. acquired a new position in shares of Shoe Carnival in the 3rd quarter valued at about $5,816,000. Soviero Asset Management LP lifted its holdings in shares of Shoe Carnival by 244.3% in the 4th quarter. Soviero Asset Management LP now owns 241,000 shares of the company's stock valued at $7,281,000 after buying an additional 171,000 shares during the period. Public Employees Retirement System of Ohio lifted its holdings in shares of Shoe Carnival by 49.1% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 265,412 shares of the company's stock valued at $6,378,000 after buying an additional 87,415 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Shoe Carnival by 60.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 223,519 shares of the company's stock valued at $5,371,000 after buying an additional 83,860 shares during the period. Finally, Wasatch Advisors LP lifted its holdings in shares of Shoe Carnival by 22.2% in the 4th quarter. Wasatch Advisors LP now owns 295,412 shares of the company's stock valued at $8,924,000 after buying an additional 53,702 shares during the period. Institutional investors and hedge funds 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.