Shoe Carnival Q3 EPS Forecast Boosted by Seaport Res Ptn

Shoe Carnival, Inc. (NASDAQ:SCVL) – Investment analysts at Seaport Res Ptn lifted their Q3 2026 earnings estimates for shares of Shoe Carnival in a note issued to investors on Thursday, November 13th. Seaport Res Ptn analyst M. Kummetz now forecasts that the company will earn $0.53 per share for the quarter, up from their prior forecast of $0.50. Seaport Res Ptn currently 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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.09. The business had revenue of $306.39 million during the quarter, compared to the consensus estimate of $318.31 million. Shoe Carnival had a return on equity of 9.65% and a net margin of 5.41%.The company’s quarterly revenue was down 7.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.83 EPS. Shoe Carnival has set its FY 2025 guidance at 1.700-2.10 EPS.

Several other analysts have also issued reports on SCVL. Weiss Ratings reiterated a “hold (c-)” rating on shares of Shoe Carnival in a research note on Thursday. 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. Finally, Wall Street Zen upgraded Shoe Carnival from a “sell” rating to a “hold” rating in a research note on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Shoe Carnival Trading Down 1.0%

Shares of NASDAQ:SCVL opened at $17.35 on Monday. The stock’s fifty day simple moving average is $20.31 and its two-hundred day simple moving average is $20.29. Shoe Carnival has a 1-year low of $16.14 and a 1-year high of $37.23. The stock has a market cap of $474.92 million, a PE ratio of 7.64 and a beta of 1.35.

Shoe Carnival Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 20th. Investors of record on Monday, October 6th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date was Monday, October 6th. Shoe Carnival’s dividend payout ratio (DPR) is 26.43%.

Insider Buying and Selling

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

Institutional Investors Weigh In On Shoe Carnival

Several large investors have recently modified their holdings of the stock. Huntington National Bank lifted its stake in Shoe Carnival by 164.8% in the third quarter. Huntington National Bank now owns 1,491 shares of the company’s stock valued at $31,000 after purchasing an additional 928 shares during the last quarter. First Horizon Advisors Inc. raised its stake in shares of Shoe Carnival by 33.8% in the second quarter. First Horizon Advisors Inc. now owns 1,923 shares of the company’s stock valued at $36,000 after buying an additional 486 shares during the period. Hantz Financial Services Inc. lifted its position in shares of Shoe Carnival by 305.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,029 shares of the company’s stock valued at $42,000 after buying an additional 1,528 shares during the last quarter. CWM LLC grew its stake in shares of Shoe Carnival by 188.3% during the 1st quarter. CWM LLC now owns 3,883 shares of the company’s stock worth $85,000 after acquiring an additional 2,536 shares during the period. Finally, US Bancorp DE increased its holdings in Shoe Carnival by 1,025.8% in the 1st quarter. US Bancorp DE now owns 4,661 shares of the company’s stock worth $103,000 after acquiring an additional 4,247 shares during the last quarter. 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.