Seaport Res Ptn Lowers Earnings Estimates for Shoe Carnival

Shoe Carnival, Inc. (NASDAQ:SCVL) – Equities researchers at Seaport Res Ptn dropped their Q3 2025 earnings per share estimates for Shoe Carnival in a research note issued on Monday, November 18th. Seaport Res Ptn analyst M. Kummetz now forecasts that the company will post earnings per share of $0.61 for the quarter, down from their previous estimate of $0.70. The consensus estimate for Shoe Carnival’s current full-year earnings is $2.54 per share. Seaport Res Ptn also issued estimates for Shoe Carnival’s FY2026 earnings at $2.91 EPS and FY2027 earnings at $3.24 EPS.

Shoe Carnival (NASDAQ:SCVL) last posted its quarterly earnings results on Thursday, September 5th. The company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.80 by $0.03. Shoe Carnival had a return on equity of 13.26% and a net margin of 6.26%. The firm had revenue of $332.70 million during the quarter, compared to analysts’ expectations of $331.45 million. During the same quarter last year, the firm earned $0.71 earnings per share. The business’s revenue for the quarter was up 12.9% on a year-over-year basis.

Separately, Williams Trading raised their target price on Shoe Carnival from $42.00 to $51.00 and gave the stock a “buy” rating in a research note on Thursday, August 29th.

Shoe Carnival Stock Performance

NASDAQ:SCVL opened at $33.85 on Thursday. The stock has a 50 day moving average price of $38.92 and a 200 day moving average price of $38.67. The stock has a market cap of $919.70 million, a PE ratio of 12.00 and a beta of 1.56. Shoe Carnival has a one year low of $22.75 and a one year high of $46.92.

Institutional Investors Weigh In On Shoe Carnival

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sei Investments Co. grew its stake in shares of Shoe Carnival by 16.1% in the first quarter. Sei Investments Co. now owns 52,221 shares of the company’s stock valued at $1,914,000 after buying an additional 7,232 shares in the last quarter. Russell Investments Group Ltd. grew its stake in shares of Shoe Carnival by 2.3% in the first quarter. Russell Investments Group Ltd. now owns 82,153 shares of the company’s stock valued at $3,010,000 after buying an additional 1,853 shares in the last quarter. State Board of Administration of Florida Retirement System purchased a new position in Shoe Carnival in the first quarter valued at $335,000. CANADA LIFE ASSURANCE Co boosted its holdings in Shoe Carnival by 11.3% in the first quarter. CANADA LIFE ASSURANCE Co now owns 15,369 shares of the company’s stock valued at $562,000 after purchasing an additional 1,562 shares during the period. Finally, BOKF NA purchased a new position in Shoe Carnival in the first quarter valued at $308,000. Institutional investors and hedge funds own 66.05% of the company’s stock.

Shoe Carnival Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, October 21st. Shareholders of record on Monday, October 7th were paid a dividend of $0.135 per share. The ex-dividend date was Monday, October 7th. This represents a $0.54 annualized dividend and a yield of 1.60%. Shoe Carnival’s dividend payout ratio (DPR) is 19.15%.

About Shoe Carnival

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.