Shoe Carnival, Inc. (NASDAQ:SCVL) Expected to Earn Q2 2025 Earnings of $0.85 Per Share

Shoe Carnival, Inc. (NASDAQ:SCVL) – Investment analysts at Seaport Res Ptn boosted their Q2 2025 earnings per share (EPS) estimates for Shoe Carnival in a note issued to investors on Monday, May 20th. Seaport Res Ptn analyst M. Kummetz now expects that the company will post earnings of $0.85 per share for the quarter, up from their previous estimate of $0.81. The consensus estimate for Shoe Carnival’s current full-year earnings is $2.65 per share. Seaport Res Ptn also issued estimates for Shoe Carnival’s Q3 2025 earnings at $0.72 EPS and Q4 2025 earnings at $0.49 EPS.

Several other research analysts have also recently weighed in on the company. Williams Trading upgraded Shoe Carnival from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a research note on Friday, March 22nd. Monness Crespi & Hardt cut Shoe Carnival from a “buy” rating to a “neutral” rating in a research note on Tuesday, March 19th.

Shoe Carnival Trading Down 0.0 %

Shoe Carnival stock opened at $34.40 on Wednesday. Shoe Carnival has a 12 month low of $19.24 and a 12 month high of $37.08. The business’s fifty day simple moving average is $34.41 and its two-hundred day simple moving average is $29.91. The company has a market capitalization of $934.30 million, a price-to-earnings ratio of 12.84 and a beta of 1.57.

Shoe Carnival (NASDAQ:SCVL) last released its earnings results on Thursday, March 21st. The company reported $0.59 EPS for the quarter, hitting the consensus estimate of $0.59. Shoe Carnival had a return on equity of 13.17% and a net margin of 6.24%. The business had revenue of $280.20 million for the quarter, compared to the consensus estimate of $280.30 million. During the same period in the previous year, the company posted $0.79 earnings per share. The company’s revenue for the quarter was down 3.6% compared to the same quarter last year.

Hedge Funds Weigh In On Shoe Carnival

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SCVL. SRS Capital Advisors Inc. boosted its stake in Shoe Carnival by 392.4% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,300 shares of the company’s stock valued at $39,000 after buying an additional 1,036 shares during the last quarter. NBC Securities Inc. purchased a new stake in Shoe Carnival during the third quarter valued at approximately $44,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Shoe Carnival by 98.1% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,072 shares of the company’s stock valued at $122,000 after purchasing an additional 2,512 shares during the period. MTM Investment Management LLC purchased a new stake in Shoe Carnival during the fourth quarter valued at approximately $231,000. Finally, Personal CFO Solutions LLC purchased a new stake in Shoe Carnival during the third quarter valued at approximately $236,000. 66.05% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, Director Andrea R. Guthrie sold 2,467 shares of the company’s stock in a transaction dated Tuesday, April 16th. The stock was sold at an average price of $32.46, for a total value of $80,078.82. Following the completion of the transaction, the director now owns 20,106 shares of the company’s stock, valued at $652,640.76. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, Director Andrea R. Guthrie sold 2,467 shares of the company’s stock in a transaction dated Tuesday, April 16th. The stock was sold at an average price of $32.46, for a total value of $80,078.82. Following the completion of the transaction, the director now owns 20,106 shares of the company’s stock, valued at $652,640.76. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Carl N. Scibetta sold 5,415 shares of the company’s stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of $35.45, for a total value of $191,961.75. Following the completion of the transaction, the executive vice president now directly owns 118,077 shares of the company’s stock, valued at approximately $4,185,829.65. The disclosure for this sale can be found here. Company insiders own 34.70% of the company’s stock.

Shoe Carnival Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 22nd. Shareholders of record on Monday, April 8th were given a $0.135 dividend. This is a boost from Shoe Carnival’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Friday, April 5th. This represents a $0.54 dividend on an annualized basis and a yield of 1.57%. Shoe Carnival’s dividend payout ratio is presently 20.15%.

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.