Shoe Carnival - SCVL Stock Forecast, Price & News

1 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 for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SCVL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SCVL, but not buy additional shares or sell existing shares.
View SCVL analyst ratings or view top-rated stocks.

1 Wall Street analysts have issued 1-year target prices for Shoe Carnival's stock. Their SCVL share price forecasts range from $40.00 to $40.00. On average, they predict the company's stock price to reach $40.00 in the next year. This suggests a possible upside of 46.5% from the stock's current price.
View analysts price targets for SCVL or view top-rated stocks among Wall Street analysts.

Shoe Carnival's stock was trading at $23.91 at the beginning of 2023. Since then, SCVL shares have increased by 14.2% and is now trading at $27.31.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 15th 2023.
View our SCVL earnings forecast.

Shoe Carnival, Inc. (NASDAQ:SCVL) posted its quarterly earnings data on Wednesday, November, 16th. The company reported $1.18 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $1.18. The company had revenue of $341.66 million for the quarter, compared to analyst estimates of $343.64 million. Shoe Carnival had a net margin of 8.49% and a trailing twelve-month return on equity of 23.67%.

Shoe Carnival declared a quarterly dividend on Thursday, December 15th. Investors of record on Monday, January 9th will be paid a dividend of $0.09 per share on Monday, January 23rd. This represents a $0.36 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date of this dividend is Friday, January 6th.
Read our dividend analysis for SCVL.

Shoe Carnival (NASDAQ:SCVL) pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.31%. The company 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 is 9.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SCVL will have a dividend payout ratio of 8.18% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SCVL.

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 payable 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.

Shoe Carnival updated its FY 2022 earnings guidance on Thursday, November, 17th. The company provided earnings per share guidance of $3.95-$4.10 for the period, compared to the consensus estimate of $3.95. The company issued revenue guidance of $1.27 billion-$1.30 billion, compared to the consensus revenue estimate of $1.30 billion.

159 employees have rated Shoe Carnival Chief Executive Officer Clifton E. Sifford on Glassdoor.com. Clifton E. Sifford has an approval rating of 80% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Shoe Carnival investors own include Coty (COTY), Walt Disney (DIS), Block (SQ), Target (TGT), Advanced Micro Devices (AMD), Carnival Co. & (CCL), Designer Brands (DBI), Macy's (M), Cisco Systems (CSCO).

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

Shoe Carnival's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Copeland Capital Management LLC (4.18%), Allspring Global Investments Holdings LLC (1.06%), Exchange Traded Concepts LLC (0.18%), Investment Management of Virginia LLC (0.16%), SummerHaven Investment Management LLC (0.14%) and New York State Common Retirement Fund (0.13%). Insiders that own company stock include Andrea R Guthrie, Carl N Scibetta, Clifton E Sifford, James A Aschleman, Kent A Kleeberger, Timothy T Baker and W Kerry Jackson.
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Shares of SCVL stock 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 $27.31.

Shoe Carnival (NASDAQ:SCVL) has a market capitalization of $742.01 million and generates $1.33 billion in revenue each year. The company earns $154.88 million in net income (profit) each year or $3.89 on an earnings per share basis.

The company employs 5,800 workers across the globe.

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