Shoe Carnival (NASDAQ:SCVL – Get Free Report) issued an update on its third quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.530-0.530 for the period, compared to the consensus estimate of 0.510. The company issued revenue guidance of $297.2 million-$297.2 million, compared to the consensus revenue estimate of $295.5 million.
Shoe Carnival Stock Performance
NASDAQ:SCVL traded up $1.02 during trading on Thursday, reaching $17.96. The company’s stock had a trading volume of 113,123 shares, compared to its average volume of 471,424. The firm has a market cap of $491.48 million, a price-to-earnings ratio of 7.87 and a beta of 1.35. Shoe Carnival has a 12 month low of $16.14 and a 12 month high of $37.96. The firm has a 50 day moving average of $20.62 and a 200-day moving average of $20.28.
Shoe Carnival (NASDAQ:SCVL – Get Free Report) last released its quarterly earnings data on Thursday, September 4th. The company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.09. Shoe Carnival had a net margin of 5.41% and a return on equity of 9.65%. The business had revenue of $306.39 million during the quarter, compared to analyst estimates of $318.31 million. During the same period in the previous year, the business earned $0.83 EPS. Shoe Carnival’s revenue was down 7.9% compared to the same quarter last year. Shoe Carnival has set its FY 2025 guidance at 1.700-2.10 EPS. Equities research analysts forecast that Shoe Carnival will post 2.6 earnings per share for the current fiscal year.
Shoe Carnival Dividend Announcement
Wall Street Analyst Weigh In
SCVL has been the subject of a number of research reports. Zacks Research upgraded shares of Shoe Carnival from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, October 27th. Seaport Res Ptn lowered Shoe Carnival from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Shoe Carnival in a report on Wednesday, October 8th. Finally, Wall Street Zen upgraded Shoe Carnival from a “sell” rating to a “hold” rating in a research note on Friday, September 26th. One research 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, Shoe Carnival has a consensus rating of “Moderate Buy”.
Get Our Latest Research Report on Shoe Carnival
Insider Transactions at Shoe Carnival
In other news, Director Andrea R. Guthrie sold 2,477 shares of Shoe Carnival stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $20.20, for a total transaction of $50,035.40. Following the sale, the director owned 24,405 shares in the company, valued at $492,981. This trade represents a 9.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 35.50% of the stock is currently owned by company insiders.
Institutional Trading of Shoe Carnival
Several hedge funds have recently bought and sold shares of SCVL. Raymond James Financial Inc. bought a new stake in shares of Shoe Carnival in the second quarter worth about $146,000. Rafferty Asset Management LLC bought a new stake in Shoe Carnival during the second quarter worth approximately $188,000. Cerity Partners LLC purchased a new stake in Shoe Carnival during the 2nd quarter valued at $192,000. Inceptionr LLC purchased a new position in shares of Shoe Carnival during the 3rd quarter worth about $217,000. Finally, CANADA LIFE ASSURANCE Co boosted its position in shares of Shoe Carnival by 20.1% during the second quarter. CANADA LIFE ASSURANCE Co now owns 15,959 shares of the company’s stock valued at $298,000 after buying an additional 2,673 shares during the period. Hedge funds and other institutional investors own 66.05% of the company’s stock.
About Shoe Carnival
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.
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