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 twelve months. 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.
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Wall Street analysts have given Shoe Carnival a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Shoe Carnival wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Shoe Carnival is scheduled to release its next quarterly earnings announcement on Wednesday, May 19th 2021.
View our earnings forecast for Shoe Carnival.

Shoe Carnival, Inc. (NASDAQ:SCVL) announced its earnings results on Tuesday, March, 23rd. The company reported $0.52 EPS for the quarter, topping analysts' consensus estimates of $0.51 by $0.01. The firm had revenue of $253.90 million for the quarter, compared to analyst estimates of $252.15 million. Shoe Carnival had a net margin of 1.25% and a trailing twelve-month return on equity of 4.12%. The firm's revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.24 EPS.
View Shoe Carnival's earnings history.

Shoe Carnival's stock was trading at $24.67 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SCVL stock has increased by 152.8% and is now trading at $62.37.
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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 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date of this dividend is Thursday, April 1st. This is a boost 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 0.90%. 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 20.07%. This payout ratio is at a healthy, sustainable level, below 75%.
View Shoe Carnival's dividend history.

Shoe Carnival updated its first quarter earnings guidance on Wednesday, March, 24th. The company provided EPS guidance of at least $1.40 for the period, compared to the Thomson Reuters consensus estimate of $0.99. The company issued revenue guidance of at least $273 million, compared to the consensus revenue estimate of $253.50 million.

4 Wall Street analysts have issued 12-month target prices for Shoe Carnival's shares. Their forecasts range from $35.00 to $48.00. On average, they anticipate Shoe Carnival's share price to reach $39.50 in the next year. This suggests that the stock has a possible downside of 36.7%.
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), Designer Brands (DBI), Zumiez (ZUMZ), The Children's Place (PLCE), Citi Trends (CTRN), Caleres (CAL) and Genesco (GCO).
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 variety of retail and institutional investors. Top institutional investors include Hodges Capital Management Inc. (0.54%), Wedge Capital Management L L P NC (0.05%) and State of Alaska Department of Revenue (0.04%). Company insiders that own Shoe Carnival stock include Carl N Scibetta, Charles B Tomm, Clifton E Sifford, James A Aschleman, Jeffrey C Gerstel, 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 Wedge Capital Management L L P NC, and State of Alaska Department of Revenue. Company insiders that have sold Shoe Carnival company stock in the last year include 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 bought by a variety of institutional investors in the last quarter, including 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 $62.37.

Shoe Carnival has a market capitalization of $879.79 million and generates $1.04 billion in revenue each year. The company earns $42.91 million in net income (profit) each year or $2.79 on an earnings per share basis.

Shoe Carnival employs 2,200 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.