NASDAQ:SCVLShoe Carnival Stock Price, Forecast & News

Shoe Carnival's stock was trading at $24.67 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SCVL stock has increased by 10.5% and is now trading at $27.27. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shoe Carnival in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Shoe Carnival.

Shoe Carnival is scheduled to release its next quarterly earnings announcement on Wednesday, August 26th 2020. View our earnings forecast for Shoe Carnival.

Shoe Carnival, Inc. (NASDAQ:SCVL) issued its quarterly earnings results on Wednesday, May, 20th. The company reported ($1.16) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.97) by $0.19. The firm earned $147.50 million during the quarter, compared to the consensus estimate of $140.42 million. Shoe Carnival had a return on equity of 4.35% and a net margin of 1.38%. The business's revenue was down 41.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.78 earnings per share. View Shoe Carnival's earnings history.

Shoe Carnival declared a quarterly dividend on Wednesday, March 25th. Investors of record on Monday, April 6th will be given a dividend of $0.085 per share on Monday, April 20th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date is Friday, April 3rd. View Shoe Carnival's dividend history.

4 brokers have issued 1 year price objectives for Shoe Carnival's shares. Their forecasts range from $31.00 to $37.00. On average, they anticipate Shoe Carnival's share price to reach $32.75 in the next twelve months. This suggests a possible upside of 20.1% from the stock's current price. View analysts' price targets for Shoe Carnival.

Media headlines about SCVL stock have been trending negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Shoe Carnival earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutShoe Carnival.

Shoe Carnival saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 2,260,000 shares, a drop of 10.3% from the April 15th total of 2,520,000 shares. Based on an average trading volume of 212,000 shares, the days-to-cover ratio is currently 10.7 days. Currently, 26.8% of the company's shares are short sold. View Shoe Carnival's Current Options Chain.

Some companies that are related to Shoe Carnival include TJX Companies (TJX), Ross Stores (ROST), GAP (GPS), Foot Locker (FL), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Abercrombie & Fitch (ANF), Buckle (BKE), Guess? (GES), Zumiez (ZUMZ), Childrens Place (PLCE), Designer Brands (DBI), Caleres (CAL), Genesco (GCO) and Cato (CATO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Shoe Carnival investors own include Walt Disney (DIS), Target (TGT), Coty (COTY), Advanced Micro Devices (AMD), Carnival (CCL), Netflix (NFLX), Exxon Mobil (XOM), Cisco Systems (CSCO), L Brands (LB) and Macy's (M).

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 shareholders include BlackRock Inc. (10.36%), State Street Corp (2.56%), MERIAN GLOBAL INVESTORS UK Ltd (2.17%), Grantham Mayo Van Otterloo & Co. LLC (1.92%), Nuveen Asset Management LLC (1.88%) and Wells Fargo & Company MN (1.68%). Company insiders that own Shoe Carnival stock include Charles B Tomm, Jeffrey C Gerstel and Kent A Kleeberger. View institutional ownership trends for Shoe Carnival.

SCVL stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Grantham Mayo Van Otterloo & Co. LLC, AQR Capital Management LLC, Hodges Capital Management Inc., Chicago Equity Partners LLC, KBC Group NV, MERIAN GLOBAL INVESTORS UK Ltd, and Maverick Capital Ltd.. Company insiders that have sold Shoe Carnival company stock in the last year include Charles B Tomm, and Kent A Kleeberger. View insider buying and selling activity for Shoe Carnival.

SCVL stock was bought by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, Morgan Stanley, Morgan Stanley, GSA Capital Partners LLP, Foundry Partners LLC, State Street Corp, Wedge Capital Management L L P NC, and IndexIQ Advisors LLC. View insider buying and selling activity for Shoe Carnival.

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

One share of SCVL stock can currently be purchased for approximately $27.27.

Shoe Carnival has a market capitalization of $384.23 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 5,100 workers across the globe.

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

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