Seaport Res Ptn Cuts Earnings Estimates for Shoe Carnival

Shoe Carnival, Inc. (NASDAQ:SCVL) – Analysts at Seaport Res Ptn lowered their Q4 2025 earnings per share (EPS) estimates for shares of Shoe Carnival in a research report issued to clients and investors on Thursday, November 21st. Seaport Res Ptn analyst M. Kummetz now anticipates that the company will post earnings of $0.42 per share for the quarter, down from their prior forecast of $0.44. The consensus estimate for Shoe Carnival’s current full-year earnings is $2.67 per share.

Shoe Carnival (NASDAQ:SCVL) last released its earnings results on Thursday, September 5th. The company reported $0.83 EPS for the quarter, topping the consensus estimate of $0.80 by $0.03. The business had revenue of $332.70 million for the quarter, compared to the consensus estimate of $331.45 million. Shoe Carnival had a return on equity of 12.52% and a net margin of 6.12%. The company’s revenue for the quarter was up 12.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.71 earnings per share.

A number of other brokerages have also weighed in on SCVL. Williams Trading boosted their price objective on shares of Shoe Carnival from $42.00 to $51.00 and gave the stock a “buy” rating in a report on Thursday, August 29th. StockNews.com cut Shoe Carnival from a “hold” rating to a “sell” rating in a research note on Friday.

Shoe Carnival Stock Up 0.1 %

Shares of Shoe Carnival stock opened at $33.90 on Monday. The company has a 50-day simple moving average of $38.78 and a two-hundred day simple moving average of $38.71. Shoe Carnival has a 52-week low of $22.75 and a 52-week high of $46.92. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.70 and a current ratio of 3.88. The stock has a market capitalization of $921.06 million, a PE ratio of 12.46 and a beta of 1.56.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Victory Capital Management Inc. grew its position in Shoe Carnival by 138.3% in the 3rd quarter. Victory Capital Management Inc. now owns 59,239 shares of the company’s stock worth $2,598,000 after purchasing an additional 34,382 shares during the period. Pinnacle Associates Ltd. grew its holdings in shares of Shoe Carnival by 69.2% in the third quarter. Pinnacle Associates Ltd. now owns 46,540 shares of the company’s stock worth $2,041,000 after acquiring an additional 19,030 shares during the period. CANADA LIFE ASSURANCE Co increased its position in Shoe Carnival by 11.3% during the first quarter. CANADA LIFE ASSURANCE Co now owns 15,369 shares of the company’s stock valued at $562,000 after acquiring an additional 1,562 shares during the last quarter. Creative Planning bought a new position in Shoe Carnival in the second quarter valued at about $281,000. Finally, Millennium Management LLC boosted its position in Shoe Carnival by 726.1% in the second quarter. Millennium Management LLC now owns 101,831 shares of the company’s stock worth $3,757,000 after purchasing an additional 89,504 shares during the last quarter. 66.05% of the stock is owned by hedge funds and other institutional investors.

Shoe Carnival Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, October 21st. Stockholders of record on Monday, October 7th were paid a $0.135 dividend. The ex-dividend date was Monday, October 7th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 1.59%. Shoe Carnival’s dividend payout ratio is presently 19.85%.

Shoe Carnival Company Profile

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.