Shoe Carnival (NASDAQ:SCVL) Updates FY25 Earnings Guidance

Shoe Carnival (NASDAQ:SCVL) updated its FY25 earnings guidance on Thursday. The company provided EPS guidance of $2.60-2.75 for the period, compared to the consensus EPS estimate of $2.63. The company issued revenue guidance of $1.20-1.23 billion, compared to the consensus revenue estimate of $1.23 billion. Shoe Carnival also updated its FY 2024 guidance to 2.600-2.750 EPS.

Analyst Ratings Changes

SCVL has been the topic of several recent analyst reports. Williams Trading boosted their target price on Shoe Carnival from $42.00 to $51.00 and gave the stock a “buy” rating in a report on Thursday, August 29th. StockNews.com lowered Shoe Carnival from a “hold” rating to a “sell” rating in a research note on Friday.

Shoe Carnival Trading Up 0.1 %

Shares of NASDAQ SCVL opened at $33.90 on Friday. The company has a current ratio of 3.88, a quick ratio of 0.70 and a debt-to-equity ratio of 0.50. The company has a market cap of $921.06 million, a PE ratio of 12.46 and a beta of 1.56. The company has a 50-day moving average of $38.92 and a two-hundred day moving average of $38.67. Shoe Carnival has a 1-year low of $22.75 and a 1-year high of $46.92.

Shoe Carnival (NASDAQ:SCVL) last announced its quarterly earnings data on Thursday, September 5th. The company reported $0.83 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.03. Shoe Carnival had a return on equity of 12.52% and a net margin of 6.12%. The firm had revenue of $332.70 million for the quarter, compared to analyst estimates of $331.45 million. During the same period last year, the company earned $0.71 EPS. The business’s quarterly revenue was up 12.9% compared to the same quarter last year. As a group, equities analysts expect that Shoe Carnival will post 2.67 earnings per share for the current fiscal year.

Shoe Carnival Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, October 21st. Shareholders of record on Monday, October 7th were given a dividend of $0.135 per share. The ex-dividend date of this dividend was Monday, October 7th. This represents a $0.54 dividend on an annualized basis and a yield of 1.59%. Shoe Carnival’s payout ratio is presently 19.85%.

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.