Shoe Carnival (NASDAQ:SCVL) Updates FY 2025 Earnings Guidance

Posted by Geri Gentry on Mar 20th, 2025

Shoe Carnival (NASDAQ:SCVL – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.600-2.100 for the period. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.3 billion.

Analyst Ratings Changes

Separately, StockNews.com upgraded Shoe Carnival from a “sell” rating to a “hold” rating in a report on Saturday, November 30th.

Read Our Latest Stock Analysis on SCVL

Shoe Carnival Stock Performance

NASDAQ:SCVL opened at $22.65 on Thursday. The company’s 50-day simple moving average is $25.41 and its 200-day simple moving average is $33.08. Shoe Carnival has a fifty-two week low of $20.51 and a fifty-two week high of $46.92. The stock has a market capitalization of $615.51 million, a P/E ratio of 8.33 and a beta of 1.51.

Shoe Carnival Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 21st. Stockholders of record on Monday, April 7th will be paid a dividend of $0.15 per share. This is a positive change from Shoe Carnival’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Monday, April 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.65%. Shoe Carnival’s payout ratio is presently 19.85%.

Shoe Carnival announced that its Board of Directors has approved a share buyback program on Thursday, December 12th that permits the company to buyback $50.00 million in shares. This buyback authorization permits the company to reacquire up to 5.2% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s board believes its stock is undervalued.

Shoe Carnival Company Profile

(Get Free Report)

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.