Shoe Carnival (SCVL) Stock Price, News & Analysis

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shoe Carnival in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SCVL shares.
View SCVL analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued twelve-month price objectives for Shoe Carnival's stock. Their SCVL share price targets range from $33.00 to $40.00. On average, they expect the company's stock price to reach $36.50 in the next twelve months. This suggests a possible upside of 11.8% 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 $30.21 at the beginning of 2024. Since then, SCVL stock has increased by 8.1% and is now trading at $32.65.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 22nd 2024.
View our SCVL earnings forecast.

Shoe Carnival, Inc. (NASDAQ:SCVL) issued its quarterly earnings data on Thursday, March, 21st. The company reported $0.59 earnings per share for the quarter, hitting analysts' consensus estimates of $0.59. The business had revenue of $280.20 million for the quarter, compared to analysts' expectations of $280.30 million. Shoe Carnival had a net margin of 6.24% and a trailing twelve-month return on equity of 13.17%. The company's revenue for the quarter was down 3.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.79 EPS.

Shoe Carnival announced a quarterly dividend on Wednesday, March 13th. Stockholders of record on Monday, April 8th will be given a dividend of $0.135 per share on Monday, April 22nd. This represents a $0.54 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date of this dividend is Friday, April 5th. This is a boost from the stock's previous quarterly dividend of $0.12.
Read our dividend analysis for SCVL.

Shoe Carnival (NASDAQ:SCVL) pays an annual dividend of $0.54 per share and currently has a dividend yield of 1.68%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 20.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SCVL will have a dividend payout ratio of 18.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SCVL.

Invesco S&P SmallCap Value with Momentum ETF holds 229,118 shares of SCVL stock, representing 0.98% of its portfolio.

Shoe Carnival's stock split on the morning of Tuesday, July 20th 2021. The 2-1 split was announced on Tuesday, July 20th 2021. The newly created shares were issued to shareholders after the market closes 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 2024 earnings guidance on Thursday, March, 21st. The company provided EPS guidance of 2.550-2.750 for the period, compared to the consensus EPS estimate of 2.840. The company issued revenue guidance of $1.2 billion-$1.3 billion, compared to the consensus revenue estimate of $1.2 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's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Hodges Capital Management Inc. (2.11%) and Sebold Capital Management Inc. (0.08%). Insiders that own company stock include Andrea R Guthrie, Carl N Scibetta, Kent A Kleeberger 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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