Shoe Carnival (SCVL) Stock Price, News & Analysis

Company Overview

Shoe Carnival, Inc. (NASDAQ: SCVL) is a leading specialty footwear retailer operating more than 350 stores under the Shoe Carnival and Shoe Station banners across small to mid‐size markets in the United States. The company’s retail format emphasizes a fun, interactive shopping experience, featuring a carnival‐themed layout and in‐store events. In addition to its brick‐and‐mortar presence, Shoe Carnival offers a comprehensive e-commerce platform that extends its product assortment and promotional offerings to consumers nationwide.

The company’s merchandise portfolio spans a wide range of footwear categories, including athletic, casual, dress and children’s styles, complemented by accessories such as socks, handbags and shoe care products. Shoe Carnival leverages both national and private‐label brands to meet diverse consumer preferences and price points. It regularly updates its inventory to reflect seasonal trends and seasonal promotions, reinforcing its value‐oriented positioning in the market.

Founded in 1978 in Indianapolis, Indiana, Shoe Carnival expanded through strategic acquisitions, including the purchase of the Shoe Station banner in 2005. The company completed its initial public offering in 1993 and has since invested in technology, distribution infrastructure and store remodels to support scalable growth. Shoe Carnival’s distribution network includes regional facilities that enable efficient shipping to stores and direct‐to‐consumer orders.

Based in Evansville, Indiana, Shoe Carnival is led by President and Chief Executive Officer J. Jeffrey Wright, who has overseen the company’s omnichannel transformation since 2019. A senior leadership team with expertise in merchandising, marketing and operations supports the firm’s efforts to enhance brand loyalty and drive same‐store sales growth. The company’s board of directors provides governance and strategic oversight as Shoe Carnival continues to pursue measured expansion in existing and adjacent markets.

Key Stats

• Today's Range: $20.02 to $20.88
• 50-Day Range: $18.44 to $21.86
• 52-Week Range: $16.14 to $46.92
• Volume: 289,331 shs
• Average Volume: 434,869 shs
• Market Capitalization: $552.81 million
• P/E Ratio: 8.46
• Dividend Yield: 2.97%
• Price Target: $51.00
• Consensus Rating: Buy

Shoe Carnival Stock Analysis - MarketRank™

Shoe Carnival scored higher than 94% of companies evaluated by MarketBeat, and ranked 24th out of 212 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Shoe Carnival has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Shoe Carnival has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 12.69%

Earnings Growth

Earnings for Shoe Carnival are expected to grow by 12.69% in the coming year, from $2.60 to $2.93 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Shoe Carnival is 8.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of Shoe Carnival is 8.46, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 29.83.

Price to Book Value per Share Ratio

Shoe Carnival has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

27.28% of the float of Shoe Carnival has been sold short.

Short Interest Ratio / Days to Cover

Shoe Carnival has a short interest ratio ("days to cover") of 9.1.

Change versus previous month

Short interest in Shoe Carnival has recently increased by 1.26%, indicating that investor sentiment is decreasing.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Shoe Carnival pays a meaningful dividend of 2.93%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Shoe Carnival has been increasing its dividend for 14 years.

Dividend Coverage

The dividend payout ratio of Shoe Carnival is 25.10%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Shoe Carnival will have a dividend payout ratio of 20.48% next year. This indicates that Shoe Carnival will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

27.28% of the float of Shoe Carnival has been sold short.

Short Interest Ratio / Days to Cover

Shoe Carnival has a short interest ratio ("days to cover") of 9.1.

Change versus previous month

Short interest in Shoe Carnival has recently increased by 1.26%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.33

News Sentiment

Shoe Carnival has a news sentiment score of 1.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.86 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Shoe Carnival this week, compared to 5 articles on an average week.

Search Interest

1 people have searched for SCVL on MarketBeat in the last 30 days.

MarketBeat Follows

1 people have added Shoe Carnival to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Shoe Carnival insiders have not sold or bought any company stock.

Percentage Held by Insiders

35.50% of the stock of Shoe Carnival is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

66.05% of the stock of Shoe Carnival is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SCVL Stock Analysis - Frequently Asked Questions

How have SCVL shares performed this year?

Shoe Carnival's stock was trading at $33.08 at the start of the year. Since then, SCVL shares have decreased by 38.9% and is now trading at $20.22.

How were Shoe Carnival's earnings last quarter?

Shoe Carnival, Inc. (NASDAQ:SCVL) announced its quarterly earnings results on Friday, May, 30th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.30 by $0.04. The company's quarterly revenue was down 7.6% on a year-over-year basis.
Read the conference call transcript.

When did Shoe Carnival's stock split?

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

Is Shoe Carnival doing a stock buyback?

Shoe Carnival's board approved a stock buyback program on Thursday, December 12th 2024, which authorizes the company to buy back $50,000,000 in shares, according to EventVestor. This means that the company could buy up to 5.2% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board of directors believes its stock is undervalued.

Who are Shoe Carnival's major shareholders?

Shoe Carnival's top institutional shareholders include Public Employees Retirement System of Ohio (0.78%), Sonora Investment Management Group LLC (0.33%), North Star Investment Management Corp. (0.23%) and Exchange Traded Concepts LLC (0.23%). Insiders that own company stock include Wayne J Weaver, Carl N Scibetta and Andrea R Guthrie.
View institutional ownership trends.

How do I buy shares of Shoe Carnival?

Shares of SCVL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Shoe Carnival own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Shoe Carnival investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and CrowdStrike (CRWD).

Company Calendar

• Record date for 4/21 Dividend: 4/07/2025
• Ex-Dividend for 4/21 Dividend: 4/07/2025
• Dividend Payable: 4/21/2025
• Last Earnings: 5/30/2025
• Record date for 7/21 Dividend: 7/07/2025
• Ex-Dividend for 7/21 Dividend: 7/07/2025
• Today: 7/18/2025
• Dividend Payable: 7/21/2025
• Next Earnings (Estimated): 9/04/2025
• Fiscal Year End: 1/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: RETAIL - APP/SHOE
• Sub-Industry: Apparel Retail
• Current Symbol: NASDAQ:SCVL
• CIK: 895447
• Web: www.shoecarnival.com
• Phone: (812) 867-4034
• Fax: 812-867-4570
• Employees: 5,500
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Shoe Carnival: $51.00
• High Price Target: $51.00
• Low Price Target: $51.00
• Potential Upside/Downside: +152.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.39
• Trailing P/E Ratio: 8.46
• Forward P/E Ratio: 7.77
• P/E Growth: N/A
• Net Income: $73.77 million
• Net Margins: 5.58%
• Pretax Margin: 7.40%
• Return on Equity: 10.43%
• Return on Assets: 5.92%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.67
• Quick Ratio: 0.80

Sales & Book Value

• Annual Sales: $1.20 billion
• Price / Sales: 0.46
• Cash Flow: $3.85 per share
• Price / Cash Flow: 5.25
• Book Value: $23.88 per share
• Price / Book: 0.85

Miscellaneous

• Outstanding Shares: 27,340,000
• Free Float: 17,632,000
• Market Cap: $552.54 million
• Optionable: Optionable
• Beta: 1.37