Seaport Res Ptn Lifts Earnings Estimates for Shoe Carnival

Shoe Carnival, Inc. (NASDAQ:SCVL) – Research analysts at Seaport Res Ptn raised their Q3 2026 earnings per share estimates for Shoe Carnival in a report released on Thursday, November 13th. Seaport Res Ptn analyst M. Kummetz now anticipates that the company will post earnings of $0.53 per share for the quarter, up from their prior forecast of $0.50. Seaport Res Ptn has a “Hold” rating on the stock. The consensus estimate for Shoe Carnival’s current full-year earnings is $2.60 per share. Seaport Res Ptn also issued estimates for Shoe Carnival’s FY2026 earnings at $1.88 EPS.

Shoe Carnival (NASDAQ:SCVL) last released its quarterly earnings results on Thursday, September 4th. The company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.09. The business had revenue of $306.39 million during the quarter, compared to analysts’ expectations of $318.31 million. Shoe Carnival had a return on equity of 9.65% and a net margin of 5.41%.The company’s revenue was down 7.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.83 EPS. Shoe Carnival has set its FY 2025 guidance at 1.700-2.10 EPS.

A number of other equities research analysts also recently issued reports on the stock. Wall Street Zen raised shares of Shoe Carnival from a “sell” rating to a “hold” rating in a research note on Friday, September 26th. Zacks Research raised Shoe Carnival from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, October 27th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Shoe Carnival in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Shoe Carnival currently has an average rating of “Moderate Buy”.

Shoe Carnival Price Performance

Shares of SCVL stock opened at $16.53 on Monday. Shoe Carnival has a 1-year low of $16.14 and a 1-year high of $36.94. The firm has a market cap of $452.48 million, a PE ratio of 7.28 and a beta of 1.35. The company has a 50-day moving average of $20.16 and a two-hundred day moving average of $20.29.

Shoe Carnival Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, October 20th. Shareholders of record on Monday, October 6th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Monday, October 6th. Shoe Carnival’s dividend payout ratio (DPR) is currently 26.43%.

Insider Buying and Selling at Shoe Carnival

In other news, Director Andrea R. Guthrie sold 2,477 shares of the stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $20.20, for a total value of $50,035.40. Following the sale, the director directly owned 24,405 shares in the company, valued at approximately $492,981. This trade represents a 9.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 35.50% of the company’s stock.

Hedge Funds Weigh In On Shoe Carnival

Several hedge funds and other institutional investors have recently made changes to their positions in SCVL. First Horizon Advisors Inc. increased its stake in shares of Shoe Carnival by 33.8% during the second quarter. First Horizon Advisors Inc. now owns 1,923 shares of the company’s stock worth $36,000 after buying an additional 486 shares during the period. State of Alaska Department of Revenue increased its position in shares of Shoe Carnival by 8.0% in the 2nd quarter. State of Alaska Department of Revenue now owns 10,567 shares of the company’s stock valued at $196,000 after purchasing an additional 779 shares during the last quarter. Huntington National Bank raised its holdings in shares of Shoe Carnival by 164.8% in the 3rd quarter. Huntington National Bank now owns 1,491 shares of the company’s stock valued at $31,000 after purchasing an additional 928 shares in the last quarter. Comerica Bank lifted its position in shares of Shoe Carnival by 6.7% during the 1st quarter. Comerica Bank now owns 14,835 shares of the company’s stock worth $326,000 after purchasing an additional 935 shares during the last quarter. Finally, Prudential Financial Inc. lifted its position in shares of Shoe Carnival by 6.1% during the 2nd quarter. Prudential Financial Inc. now owns 18,768 shares of the company’s stock worth $351,000 after purchasing an additional 1,072 shares during the last quarter. Hedge funds and other institutional investors own 66.05% of the company’s stock.

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.