Shoe Carnival Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Shoe Carnival in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Shoe Carnival stock.
View analyst ratings for Shoe Carnival or view top-rated stocks.

Wall Street analysts have given Shoe Carnival a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Shoe Carnival wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Shoe Carnival is scheduled to release its next quarterly earnings announcement on Tuesday, September 7th 2021.
View our earnings forecast for Shoe Carnival.

Shoe Carnival, Inc. (NASDAQ:SCVL) issued its earnings results on Tuesday, May, 18th. The company reported $3.02 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.40 by $1.62. The firm had revenue of $328.50 million for the quarter, compared to the consensus estimate of $273.04 million. Shoe Carnival had a trailing twelve-month return on equity of 24.08% and a net margin of 6.51%. The business's quarterly revenue was up 122.7% on a year-over-year basis. During the same quarter last year, the company earned ($1.16) earnings per share.
View Shoe Carnival's earnings history.

Shoe Carnival's stock was trading at $24.67 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SCVL shares have increased by 167.5% and is now trading at $66.00.
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Shoe Carnival announced a quarterly dividend on Thursday, March 18th. Stockholders of record on Monday, April 5th will be given a dividend of $0.14 per share on Monday, April 19th. This represents a $0.56 annualized dividend and a dividend yield of 0.85%. The ex-dividend date is Thursday, April 1st. This is a positive change from Shoe Carnival's previous quarterly dividend of $0.09.
View Shoe Carnival's dividend history.

Shoe Carnival pays an annual dividend of $0.56 per share and currently has a dividend yield of 0.84%. Shoe Carnival has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Shoe Carnival is 50.00%. This payout ratio is at a healthy, sustainable level, below 75%.
View Shoe Carnival's dividend history.

Shoe Carnival issued an update on its second quarter 2021 earnings guidance on Tuesday, June, 15th. The company provided earnings per share (EPS) guidance of $1.000-1.200 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.940. The company issued revenue guidance of $268 million-278 million, compared to the consensus revenue estimate of $281.92 million.

4 Wall Street analysts have issued 12-month target prices for Shoe Carnival's shares. Their forecasts range from $35.00 to $74.00. On average, they expect Shoe Carnival's share price to reach $46.00 in the next twelve months. This suggests that the stock has a possible downside of 30.3%.
View analysts' price targets for Shoe Carnival or view top-rated stocks among Wall Street analysts.

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 The TJX Companies (TJX), Ross Stores (ROST), The Gap (GPS), Foot Locker (FL), American Eagle Outfitters (AEO), Urban Outfitters (URBN), Abercrombie & Fitch (ANF), The Buckle (BKE), Guess' (GES), The Children's Place (PLCE), Designer Brands (DBI), Zumiez (ZUMZ), Caleres (CAL), Genesco (GCO) and Citi Trends (CTRN).
View all of SCVL's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Shoe Carnival investors own include Coty (COTY), The 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."

Shoe Carnival's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.46%), Dimensional Fund Advisors LP (7.44%), Copeland Capital Management LLC (4.89%), Royce & Associates LP (4.58%), Northern Trust Corp (2.22%) and LSV Asset Management (2.02%). Company insiders that own Shoe Carnival stock include Andrea R Guthrie, Carl N Scibetta, Charles B Tomm, Clifton E Sifford, James A Aschleman, Kent A Kleeberger and Timothy T Baker.
View institutional ownership trends for Shoe Carnival.

SCVL stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, LSV Asset Management, Northern Trust Corp, Victory Capital Management Inc., Arrowstreet Capital Limited Partnership, Panagora Asset Management Inc., Landscape Capital Management L.L.C., and Dimensional Fund Advisors LP. Company insiders that have sold Shoe Carnival company stock in the last year include Andrea R Guthrie, Carl N Scibetta, Clifton E Sifford, James A Aschleman, Kent A Kleeberger, and Timothy T Baker.
View insider buying and selling activity for Shoe Carnival or view top insider-selling stocks.

SCVL stock was purchased by a variety of institutional investors in the last quarter, including Clarity Financial LLC, BlackRock Inc., Copeland Capital Management LLC, Cubist Systematic Strategies LLC, Los Angeles Capital Management LLC, Jackson Creek Investment Advisors LLC, Geode Capital Management LLC, and Hodges Capital Management Inc..
View insider buying and selling activity for Shoe Carnival or or view top insider-buying stocks.

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 $66.00.

Shoe Carnival has a market capitalization of $935.42 million and generates $976.77 million in revenue each year. The company earns $15.99 million in net income (profit) each year or $1.12 on an earnings per share basis.

Shoe Carnival employs 4,700 workers across the globe.

The official website for Shoe Carnival is www.shoecarnival.com.

Shoe Carnival is headquartered at 7500 EAST COLUMBIA STREET, EVANSVILLE IN, 47715.

Shoe Carnival's mailing address is 7500 EAST COLUMBIA STREET, EVANSVILLE IN, 47715. The company can be reached via phone at 812-867-6471.