Seaport Res Ptn Reduces Earnings Estimates for Shoe Carnival

Shoe Carnival, Inc. (NASDAQ:SCVL) – Equities researchers at Seaport Res Ptn cut their Q3 2025 EPS estimates for Shoe Carnival in a research note issued to investors on Monday, November 18th. Seaport Res Ptn analyst M. Kummetz now anticipates that the company will post earnings of $0.61 per share for the quarter, down from their prior forecast 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.

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

Shoe Carnival Price Performance

SCVL opened at $33.48 on Thursday. The firm has a 50 day simple moving average of $39.03 and a 200 day simple moving average of $38.70. Shoe Carnival has a fifty-two week low of $22.75 and a fifty-two week high of $46.92. The company has a market cap of $909.65 million, a price-to-earnings ratio of 11.87 and a beta of 1.56.

Shoe Carnival (NASDAQ:SCVL) last posted its quarterly earnings data on Thursday, September 5th. The company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.03. Shoe Carnival had a net margin of 6.26% and a return on equity of 13.26%. 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 company posted $0.71 EPS. The company’s quarterly revenue was up 12.9% compared to the same quarter last year.

Institutional Investors Weigh In On Shoe Carnival

A number of large investors have recently added to or reduced their stakes in SCVL. Pinnacle Associates Ltd. increased its position in Shoe Carnival by 69.2% during 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 grew its stake in Shoe Carnival by 11.3% during the first quarter. CANADA LIFE ASSURANCE Co now owns 15,369 shares of the company’s stock worth $562,000 after buying an additional 1,562 shares in the last quarter. Creative Planning acquired a new position in shares of Shoe Carnival in the 2nd quarter valued at approximately $281,000. Sei Investments Co. lifted its holdings in shares of Shoe Carnival by 16.1% during the 1st quarter. Sei Investments Co. now owns 52,221 shares of the company’s stock worth $1,914,000 after acquiring an additional 7,232 shares during the period. Finally, Russell Investments Group Ltd. increased its stake in 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 acquiring an additional 1,853 shares during the last quarter. Institutional investors own 66.05% of the company’s stock.

Shoe Carnival Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 21st. Stockholders of record on Monday, October 7th were paid a dividend of $0.135 per share. This represents a $0.54 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date was Monday, October 7th. Shoe Carnival’s dividend payout ratio is currently 19.15%.

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.