Shoe Carnival Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Shoe Carnival in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Shoe Carnival stock.
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3 brokerages have issued 12 month target prices for Shoe Carnival's stock. Their SCVL stock forecasts range from $40.00 to $46.00. On average, they expect Shoe Carnival's stock price to reach $43.00 in the next year. This suggests a possible upside of 96.7% from the stock's current price.
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Shoe Carnival's stock was trading at $39.08 on January 1st, 2022. Since then, SCVL shares have decreased by 44.1% and is now trading at $21.86.
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Shoe Carnival is scheduled to release its next quarterly earnings announcement on Wednesday, August 24th 2022.
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Shoe Carnival, Inc. (NASDAQ:SCVL) announced its earnings results on Wednesday, May, 18th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.94 by $0.01. The company had revenue of $317.53 million for the quarter, compared to analysts' expectations of $329.60 million. Shoe Carnival had a trailing twelve-month return on equity of 32.77% and a net margin of 10.50%. During the same period in the prior year, the firm earned $1.51 EPS.
View Shoe Carnival's earnings history.

Shoe Carnival declared a quarterly dividend on Monday, June 27th. Shareholders of record on Monday, July 11th will be given a dividend of $0.09 per share on Monday, July 25th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date is Friday, July 8th.
View Shoe Carnival's dividend history.

Shoe Carnival(NASDAQ:SCVL) pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.69%. Shoe Carnival has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Shoe Carnival is 7.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Shoe Carnival will have a dividend payout ratio of 8.13% next year. This indicates that Shoe Carnival will be able to sustain or increase its dividend.
View Shoe Carnival's dividend history.

Shoe Carnival's stock split on Tuesday, July 20th 2021. The 2-1 split was announced on Tuesday, July 20th 2021. The newly minted shares were distributed to shareholders after the market closes on Tuesday, July 20th 2021. An investor that had 100 shares of Shoe Carnival stock prior to the split would have 200 shares after the split.

Shoe Carnival issued an update on its FY 2022 earnings guidance on Wednesday, June, 15th. The company provided earnings per share guidance of $3.95-$4.15 for the period, compared to the consensus EPS estimate of $4.10. The company issued revenue guidance of $1.38 billion-$1.42 billion, compared to the consensus revenue estimate of $1.42 billion.

159 employees have rated Shoe Carnival CEO Clifton E. Sifford on Glassdoor.com. Clifton E. Sifford has an approval rating of 80% among Shoe Carnival's employees.

Some companies that are related to Shoe Carnival include TJX Companies (TJX), Ross Stores (ROST), GAP (GPS), Foot Locker (FL), American Eagle Outfitters (AEO), Urban Outfitters (URBN), Buckle (BKE), Guess' (GES), Caleres (CAL), Designer Brands (DBI), Abercrombie & Fitch (ANF), Genesco (GCO), Chico's FAS (CHS), Children's Place (PLCE) and Zumiez (ZUMZ).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Shoe Carnival investors own include Coty (COTY), Walt Disney (DIS), Square (SQ), Target (TGT), Advanced Micro Devices (AMD), Carnival Co. & (CCL), Designer Brands (DBI), Macy's (M), (CGC) and Cisco Systems (CSCO).

Shoe Carnival trades on the NASDAQ under the ticker symbol "SCVL."

Shares of SCVL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SCVL stock can currently be purchased for approximately $21.86.

Shoe Carnival (NASDAQ:SCVL) has a market capitalization of $603.12 million and generates $1.33 billion in revenue each year. The company earns $154.88 million in net income (profit) each year or $4.85 on an earnings per share basis.

Shoe Carnival employs 5,800 workers across the globe.

Shoe Carnival's mailing address is 7500 EAST COLUMBIA STREET, EVANSVILLE IN, 47715. The official website for Shoe Carnival is www.shoecarnival.com. The company can be reached via phone at (812) 867-4034 or via fax at 812-867-4570.