Seaport Res Ptn Forecasts Reduced Earnings for Shoe Carnival

Shoe Carnival, Inc. (NASDAQ:SCVLFree Report) – Stock analysts at Seaport Res Ptn decreased their Q4 2025 earnings per share estimates for Shoe Carnival in a research note issued on Thursday, November 21st. Seaport Res Ptn analyst M. Kummetz now expects that the company will post earnings of $0.42 per share for the quarter, down from their prior estimate of $0.44. The consensus estimate for Shoe Carnival’s current full-year earnings is $2.67 per share.

A number of other equities research analysts also recently commented on SCVL. StockNews.com downgraded Shoe Carnival from a “hold” rating to a “sell” rating in a report on Friday, November 22nd. Williams Trading lifted their target price on Shoe Carnival from $42.00 to $51.00 and gave the stock a “buy” rating in a report on Thursday, August 29th.

Get Our Latest Analysis on Shoe Carnival

Shoe Carnival Trading Down 4.0 %

Shoe Carnival stock opened at $33.53 on Monday. The company has a quick ratio of 0.89, a current ratio of 3.88 and a debt-to-equity ratio of 0.50. Shoe Carnival has a 52 week low of $22.75 and a 52 week high of $46.92. The company has a market capitalization of $911.14 million, a price-to-earnings ratio of 12.33 and a beta of 1.56. The stock has a 50-day moving average price of $38.64 and a 200 day moving average price of $38.70.

Shoe Carnival (NASDAQ:SCVLGet Free Report) last issued its quarterly earnings results on Thursday, September 5th. The company reported $0.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.03. Shoe Carnival had a return on equity of 12.52% and a net margin of 6.12%. The business had revenue of $332.70 million for the quarter, compared to analyst estimates of $331.45 million. During the same quarter in the previous year, the firm earned $0.71 earnings per share. The company’s revenue was up 12.9% on a year-over-year basis.

Shoe Carnival Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, October 21st. Shareholders of record on Monday, October 7th were issued a $0.135 dividend. This represents a $0.54 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date was Monday, October 7th. Shoe Carnival’s payout ratio is presently 19.85%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of SCVL. Pacer Advisors Inc. acquired a new position in Shoe Carnival in the third quarter valued at approximately $37,440,000. American Century Companies Inc. raised its stake in shares of Shoe Carnival by 34.7% during the 2nd quarter. American Century Companies Inc. now owns 410,355 shares of the company’s stock worth $15,138,000 after buying an additional 105,818 shares during the period. Millennium Management LLC raised its stake in shares of Shoe Carnival by 726.1% during the 2nd quarter. Millennium Management LLC now owns 101,831 shares of the company’s stock worth $3,757,000 after buying an additional 89,504 shares during the period. Victory Capital Management Inc. raised its stake in shares of Shoe Carnival by 138.3% during the 3rd quarter. Victory Capital Management Inc. now owns 59,239 shares of the company’s stock worth $2,598,000 after buying an additional 34,382 shares during the period. Finally, Maverick Capital Ltd. raised its stake in shares of Shoe Carnival by 98.9% during the 2nd quarter. Maverick Capital Ltd. now owns 56,790 shares of the company’s stock worth $2,095,000 after buying an additional 28,233 shares during the period. 66.05% of the stock is owned by institutional investors and hedge funds.

About Shoe Carnival

(Get Free Report)

Shoe Carnival, Inc, together with its subsidiaries, operates as a family footwear retailer in the United States. The company offers range of dress, casual, work, and athletic shoes, as well as sandals and boots for men, women, and children; and various accessories. The company also operates stores, and sells its products through online shopping at shoecarnival.com, as well as through mobile app.

Further Reading

Earnings History and Estimates for Shoe Carnival (NASDAQ:SCVL)

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