Shoe Carnival, Inc. (NASDAQ:SCVL - Free Report) - Analysts at Seaport Res Ptn cut their Q4 2026 EPS estimates for Shoe Carnival in a note issued to investors on Thursday, September 4th. Seaport Res Ptn analyst M. Kummetz now anticipates that the company will earn $0.31 per share for the quarter, down from their prior estimate of $0.36. Seaport Res Ptn currently has a "Hold" rating on the stock. The consensus estimate for Shoe Carnival's current full-year earnings is $2.60 per share.
Other analysts have also issued reports about the stock. Zacks Research lowered shares of Shoe Carnival from a "hold" rating to a "strong sell" rating in a report on Tuesday, August 26th. Wall Street Zen lowered shares of Shoe Carnival from a "hold" rating to a "sell" rating in a report on Saturday, August 30th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Shoe Carnival presently has a consensus rating of "Reduce".
Check Out Our Latest Analysis on SCVL
Shoe Carnival Price Performance
Shares of SCVL opened at $24.61 on Monday. Shoe Carnival has a one year low of $16.14 and a one year high of $46.92. The company has a 50-day simple moving average of $21.21 and a two-hundred day simple moving average of $20.37. The firm has a market capitalization of $672.84 million, a PE ratio of 10.84 and a beta of 1.35.
Shoe Carnival (NASDAQ:SCVL - Get Free Report) last issued its quarterly earnings data on Thursday, September 4th. The company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.61 by $0.09. Shoe Carnival had a net margin of 5.41% and a return on equity of 9.65%. The business had revenue of $306.39 million during the quarter, compared to analyst estimates of $318.31 million. During the same period last year, the business posted $0.83 earnings per share. Shoe Carnival's quarterly revenue was down 7.9% compared to the same quarter last year. Shoe Carnival has set its FY 2025 guidance at 1.700-2.10 EPS.
Institutional Investors Weigh In On Shoe Carnival
Several institutional investors and hedge funds have recently made changes to their positions in SCVL. Price T Rowe Associates Inc. MD increased its position in shares of Shoe Carnival by 17.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 6,795 shares of the company's stock valued at $225,000 after acquiring an additional 987 shares in the last quarter. Voya Investment Management LLC grew its position in Shoe Carnival by 66.6% in the 4th quarter. Voya Investment Management LLC now owns 10,296 shares of the company's stock worth $341,000 after purchasing an additional 4,116 shares during the period. Northern Trust Corp grew its position in Shoe Carnival by 4.7% in the 4th quarter. Northern Trust Corp now owns 507,661 shares of the company's stock worth $16,793,000 after purchasing an additional 22,859 shares during the period. Schonfeld Strategic Advisors LLC grew its position in Shoe Carnival by 148.3% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 14,900 shares of the company's stock worth $493,000 after purchasing an additional 8,900 shares during the period. Finally, BNP Paribas Financial Markets grew its position in Shoe Carnival by 241.2% in the 4th quarter. BNP Paribas Financial Markets now owns 203,805 shares of the company's stock worth $6,742,000 after purchasing an additional 144,066 shares during the period. Institutional investors own 66.05% of the company's stock.
Shoe Carnival Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, July 21st. Investors of record on Monday, July 7th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, July 7th. This represents a $0.60 annualized dividend and a dividend yield of 2.4%. Shoe Carnival's dividend payout ratio (DPR) is 26.43%.
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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 Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
