Shoe Carnival Q4 EPS Estimate Reduced by Seaport Res Ptn

Key Points

• Seaport Res Ptn has lowered its Q4 2026 EPS estimate for Shoe Carnival to $0.31 per share, down from $0.36.
• Shares of Shoe Carnival recently opened at $24.61 and have a one-year trading range of $16.14 to $46.92.
• The company declared a quarterly dividend of $0.15 per share, representing an annualized yield of 2.4% with a payout ratio of 26.43%.

Shoe Carnival, Inc. (NASDAQ:SCVL - Free Report) - Stock analysts at Seaport Res Ptn decreased their Q4 2026 EPS estimates for Shoe Carnival in a research report issued to clients and investors on Thursday, September 4th. Seaport Res Ptn analyst M. Kummetz now expects that the company will earn $0.31 per share for the quarter, down from their previous forecast 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.

SCVL has been the subject of several other research reports. Wall Street Zen cut shares of Shoe Carnival from a "hold" rating to a "sell" rating in a report on Saturday, August 30th. Zacks Research cut shares of Shoe Carnival from a "hold" rating to a "strong sell" rating in a report on Tuesday, August 26th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Reduce".

Shoe Carnival Trading Down 2.3%

Shares of SCVL stock traded down $0.55 during trading hours on Monday, hitting $23.22. 561,203 shares of the company were exchanged, compared to its average volume of 492,677. The business has a 50 day moving average of $21.53 and a two-hundred day moving average of $20.45. Shoe Carnival has a 52 week low of $16.14 and a 52 week high of $46.92. The company has a market capitalization of $635.53 million, a PE ratio of 10.23 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 earnings per share (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 company had revenue of $306.39 million during the quarter, compared to the consensus estimate of $318.31 million. During the same quarter in the prior year, the firm earned $0.83 earnings per share. The firm's 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.

Shoe Carnival Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 21st. Shareholders of record on Monday, July 7th were paid a $0.15 dividend. The ex-dividend date was Monday, July 7th. This represents a $0.60 dividend on an annualized basis and a yield of 2.6%. Shoe Carnival's dividend payout ratio (DPR) is currently 26.43%.

Institutional Trading of Shoe Carnival

A number of large investors have recently added to or reduced their stakes in the company. Public Sector Pension Investment Board lifted its stake in Shoe Carnival by 7.4% in the second quarter. Public Sector Pension Investment Board now owns 60,134 shares of the company's stock valued at $1,125,000 after acquiring an additional 4,135 shares during the last quarter. CANADA LIFE ASSURANCE Co lifted its stake in Shoe Carnival by 20.1% in the second quarter. CANADA LIFE ASSURANCE Co now owns 15,959 shares of the company's stock valued at $298,000 after acquiring an additional 2,673 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in Shoe Carnival by 972.6% in the second quarter. Tower Research Capital LLC TRC now owns 28,146 shares of the company's stock valued at $527,000 after acquiring an additional 25,522 shares during the last quarter. Wasatch Advisors LP raised its position in shares of Shoe Carnival by 37.9% in the second quarter. Wasatch Advisors LP now owns 366,653 shares of the company's stock valued at $6,860,000 after purchasing an additional 100,832 shares during the period. Finally, Snowden Capital Advisors LLC raised its position in shares of Shoe Carnival by 38.2% in the second quarter. Snowden Capital Advisors LLC now owns 18,728 shares of the company's stock valued at $350,000 after purchasing an additional 5,179 shares during the period. Institutional investors and hedge funds own 66.05% of the company's stock.

About Shoe Carnival

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.