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Shoe Carnival

Nasdaq:SCVL
Snowflake Description

Flawless balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SCVL
Nasdaq
$414M
Market Cap
  1. Home
  2. US
  3. Retail
Company description

Shoe Carnival, Inc., together with its subsidiaries, operates as a family footwear retailer in the United States. The last earnings update was 13 days ago. More info.


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  • Shoe Carnival has significant price volatility in the past 3 months.
SCVL Share Price and Events
7 Day Returns
3.5%
NasdaqGS:SCVL
0.9%
US Specialty Retail
2%
US Market
1 Year Returns
-14.6%
NasdaqGS:SCVL
2.1%
US Specialty Retail
4.3%
US Market
SCVL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Shoe Carnival (SCVL) 3.5% 5% -7.5% -14.6% 16.1% 36.5%
US Specialty Retail 0.9% 3.7% 0.4% 2.1% 31% 44.3%
US Market 2% 4.1% 4.2% 4.3% 43.9% 40.8%
1 Year Return vs Industry and Market
  • SCVL underperformed the Specialty Retail industry which returned 2.1% over the past year.
  • SCVL underperformed the Market in United States of America which returned 4.3% over the past year.
Price Volatility
SCVL
Industry
5yr Volatility vs Market

SCVL Value

 Is Shoe Carnival undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Shoe Carnival to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Shoe Carnival.

NasdaqGS:SCVL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.8%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:SCVL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Specialty Retail Unlevered Beta Simply Wall St/ S&P Global 0.87
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.871 (1 + (1- 21%) (60.29%))
1.192
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.19
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.192 * 5.96%)
9.83%

Discounted Cash Flow Calculation for NasdaqGS:SCVL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Shoe Carnival is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:SCVL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.83%)
2019 59.46 Analyst x3 54.14
2020 38.79 Analyst x2 32.15
2021 42.73 Analyst x3 32.25
2022 29.70 Analyst x1 20.41
2023 28.58 Est @ -3.79% 17.88
2024 28.05 Est @ -1.83% 15.98
2025 27.92 Est @ -0.46% 14.48
2026 28.06 Est @ 0.49% 13.25
2027 28.39 Est @ 1.16% 12.20
2028 28.85 Est @ 1.63% 11.29
Present value of next 10 years cash flows $224.04
NasdaqGS:SCVL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $28.85 × (1 + 2.73%) ÷ (9.83% – 2.73%)
$417.24
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $417.24 ÷ (1 + 9.83%)10
$163.32
NasdaqGS:SCVL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $224.04 + $163.32
$387.35
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $387.35 / 14.69
$26.37
NasdaqGS:SCVL Discount to Share Price
Calculation Result
Value per share (USD) From above. $26.37
Current discount Discount to share price of $28.18
= -1 x ($28.18 - $26.37) / $26.37
-6.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Shoe Carnival is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Shoe Carnival's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Shoe Carnival's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:SCVL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-05-04) in USD $2.62
NasdaqGS:SCVL Share Price ** NasdaqGS (2019-06-24) in USD $28.18
United States of America Specialty Retail Industry PE Ratio Median Figure of 63 Publicly-Listed Specialty Retail Companies 14.94x
United States of America Market PE Ratio Median Figure of 3,095 Publicly-Listed Companies 17.88x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Shoe Carnival.

NasdaqGS:SCVL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:SCVL Share Price ÷ EPS (both in USD)

= 28.18 ÷ 2.62

10.78x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Shoe Carnival is good value based on earnings compared to the US Specialty Retail industry average.
  • Shoe Carnival is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Shoe Carnival's expected growth come at a high price?
Raw Data
NasdaqGS:SCVL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.78x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
4.1%per year
United States of America Specialty Retail Industry PEG Ratio Median Figure of 56 Publicly-Listed Specialty Retail Companies 1.56x
United States of America Market PEG Ratio Median Figure of 2,134 Publicly-Listed Companies 1.54x

*Line of best fit is calculated by linear regression .

NasdaqGS:SCVL PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 10.78x ÷ 4.1%

2.61x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Shoe Carnival is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Shoe Carnival's assets?
Raw Data
NasdaqGS:SCVL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-05-04) in USD $19.84
NasdaqGS:SCVL Share Price * NasdaqGS (2019-06-24) in USD $28.18
United States of America Specialty Retail Industry PB Ratio Median Figure of 100 Publicly-Listed Specialty Retail Companies 1.37x
United States of America Market PB Ratio Median Figure of 5,255 Publicly-Listed Companies 1.8x
NasdaqGS:SCVL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:SCVL Share Price ÷ Book Value per Share (both in USD)

= 28.18 ÷ 19.84

1.42x

* Primary Listing of Shoe Carnival.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Shoe Carnival is overvalued based on assets compared to the US Specialty Retail industry average.
X
Value checks
We assess Shoe Carnival's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Specialty Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Specialty Retail industry average (and greater than 0)? (1 check)
  5. Shoe Carnival has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SCVL Future Performance

 How is Shoe Carnival expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
4.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Shoe Carnival expected to grow at an attractive rate?
  • Shoe Carnival's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Shoe Carnival's earnings growth is positive but not above the United States of America market average.
  • Shoe Carnival's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:SCVL Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:SCVL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 4.1%
NasdaqGS:SCVL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 2.2%
United States of America Specialty Retail Industry Earnings Growth Rate Market Cap Weighted Average 10.2%
United States of America Specialty Retail Industry Revenue Growth Rate Market Cap Weighted Average 5.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:SCVL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:SCVL Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-01-31 1,089 57 45 1
2021-01-31 1,057 57 42 4
2020-01-31 1,035 60 41 4
NasdaqGS:SCVL Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-05-04 1,026 56 39
2019-02-02 1,030 74 38
2018-11-03 1,038 69 33
2018-08-04 1,057 81 31
2018-05-05 1,023 59 23
2018-02-03 1,019 40 19
2017-10-28 1,010 51 22
2017-07-29 997 25 21
2017-04-29 994 50 21
2017-01-28 1,001 64 23
2016-10-29 1,001 57 28
2016-07-30 996 74 28

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Shoe Carnival's earnings are expected to grow by 4.1% yearly, however this is not considered high growth (20% yearly).
  • Shoe Carnival's revenue is expected to grow by 2.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:SCVL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Shoe Carnival Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:SCVL Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-01-31 3.04 3.04 3.04 1.00
2021-01-31 2.88 2.90 2.82 4.00
2020-01-31 2.75 2.77 2.73 4.00
NasdaqGS:SCVL Past Financials Data
Date (Data in USD Millions) EPS *
2019-05-04 2.62
2019-02-02 2.51
2018-11-03 2.12
2018-08-04 2.00
2018-05-05 1.47
2018-02-03 1.15
2017-10-28 1.30
2017-07-29 1.21
2017-04-29 1.18
2017-01-28 1.28
2016-10-29 1.52
2016-07-30 1.47

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Shoe Carnival is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Shoe Carnival's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Shoe Carnival has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SCVL Past Performance

  How has Shoe Carnival performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Shoe Carnival's growth in the last year to its industry (Specialty Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Shoe Carnival's year on year earnings growth rate has been positive over the past 5 years.
  • Shoe Carnival's 1-year earnings growth exceeds its 5-year average (66.4% vs 5%)
  • Shoe Carnival's earnings growth has exceeded the US Specialty Retail industry average in the past year (66.4% vs 11.1%).
Earnings and Revenue History
Shoe Carnival's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Shoe Carnival Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:SCVL Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-05-04 1,026.02 38.92 258.71
2019-02-02 1,029.65 37.98 259.23
2018-11-03 1,038.22 32.81 261.92
2018-08-04 1,056.51 31.35 263.68
2018-05-05 1,023.21 23.45 255.65
2018-02-03 1,019.15 18.68 253.47
2017-10-28 1,010.12 21.60 247.37
2017-07-29 997.18 20.52 246.31
2017-04-29 994.02 20.71 246.60
2017-01-28 1,001.10 23.03 246.82
2016-10-29 1,000.57 28.00 245.66
2016-07-30 995.76 27.74 245.79
2016-04-30 991.67 28.45 243.82
2016-01-30 983.97 28.20 242.88
2015-10-31 977.93 27.04 307.86
2015-08-01 962.91 28.46 299.97
2015-05-02 957.16 26.27 299.25
2015-01-31 940.16 25.07 231.83
2014-11-01 912.84 22.74 284.47
2014-08-02 893.92 22.85 279.01
2014-05-03 888.27 26.07 215.82
2014-02-01 884.79 26.40 273.03
2013-11-02 890.22 28.81 212.64
2013-08-03 898.88 30.14 215.52
2013-05-04 864.67 27.15 209.85
2013-02-02 855.00 28.64 262.58
2012-10-27 831.19 28.87 200.20
2012-07-28 802.23 27.07 192.56

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Shoe Carnival has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Shoe Carnival used its assets more efficiently than the US Specialty Retail industry average last year based on Return on Assets.
  • Shoe Carnival's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Shoe Carnival's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Specialty Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Shoe Carnival has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SCVL Health

 How is Shoe Carnival's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Shoe Carnival's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Shoe Carnival is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Shoe Carnival's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Shoe Carnival's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Shoe Carnival has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Shoe Carnival Company Filings, last reported 1 month ago.

NasdaqGS:SCVL Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-05-04 291.50 0.00 21.62
2019-02-02 304.43 0.00 67.02
2018-11-03 308.75 0.00 39.70
2018-08-04 313.76 0.00 38.41
2018-05-05 301.51 0.00 35.35
2018-02-03 307.30 0.00 48.25
2017-10-28 309.57 0.00 21.05
2017-07-29 300.20 26.70 18.53
2017-04-29 306.61 0.00 25.26
2017-01-28 318.88 0.00 62.94
2016-10-29 328.02 0.00 33.51
2016-07-30 328.46 0.00 41.55
2016-04-30 347.87 0.00 66.00
2016-01-30 339.80 0.00 68.81
2015-10-31 344.54 0.00 49.04
2015-08-01 345.53 0.00 39.50
2015-05-02 341.26 0.00 69.75
2015-01-31 331.20 0.00 61.38
2014-11-01 328.71 0.00 29.09
2014-08-02 325.15 0.00 32.69
2014-05-03 325.68 0.00 41.25
2014-02-01 316.87 0.00 48.25
2013-11-02 316.91 0.00 33.56
2013-08-03 306.46 0.00 37.79
2013-05-04 300.91 0.00 34.12
2013-02-02 292.37 0.00 45.76
2012-10-27 312.63 0.00 67.13
2012-07-28 301.93 0.00 52.90
  • Shoe Carnival has no debt.
  • Shoe Carnival had no debt 5 years ago.
  • Shoe Carnival has no debt, it does not need to be covered by operating cash flow.
  • Shoe Carnival has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Shoe Carnival's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Shoe Carnival has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SCVL Dividends

 What is Shoe Carnival's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.21%
Current annual income from Shoe Carnival dividends. Estimated to be 1.14% next year.
If you bought $2,000 of Shoe Carnival shares you are expected to receive $24 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Shoe Carnival's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • Shoe Carnival's dividend is below the markets top 25% of dividend payers in United States of America (3.73%).
Upcoming dividend payment

Purchase Shoe Carnival before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:SCVL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
United States of America Specialty Retail Industry Average Dividend Yield Market Cap Weighted Average of 38 Stocks 2.2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2012 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:SCVL Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-01-31
2021-01-31 0.32 1.00
2020-01-31 0.32 1.00
NasdaqGS:SCVL Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-06-14 0.340 1.241
2019-04-26 0.320 1.071
2018-12-17 0.320 0.903
2018-09-14 0.320 0.845
2018-06-18 0.320 0.935
2018-06-11 0.300 0.902
2018-05-24 0.300 0.918
2017-12-19 0.300 1.232
2017-09-13 0.300 1.366
2017-06-19 0.300 1.647
2017-05-31 0.280 1.382
2017-05-24 0.280 1.408
2016-12-09 0.280 1.117
2016-09-09 0.280 1.036
2016-06-17 0.280 1.057
2016-06-03 0.260 1.058
2016-05-19 0.260 1.135
2015-12-10 0.260 1.075
2015-09-11 0.260 1.174
2015-06-12 0.260 0.947
2015-06-10 0.240 0.865
2015-05-20 0.240 0.856
2014-12-12 0.240 0.933
2014-09-11 0.240 1.262
2014-06-13 0.240 1.221
2014-03-20 0.240 1.113
2013-12-13 0.240 0.921
2013-09-13 0.240 0.896
2013-06-13 0.240 0.936
2013-03-28 0.240 1.116
2012-12-07 0.200 0.982
2012-09-07 0.200 0.869
2012-06-15 0.200 0.906

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Shoe Carnival has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Shoe Carnival only paid a dividend in the past 7 years.
Current Payout to shareholders
What portion of Shoe Carnival's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (8.2x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Shoe Carnival's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Shoe Carnival afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Shoe Carnival has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SCVL Management

 What is the CEO of Shoe Carnival's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Cliff Sifford
COMPENSATION $2,583,675
AGE 64
TENURE AS CEO 6.7 years
CEO Bio

Mr. Clifton E. Sifford has been the Chief Executive Officer and President of Shoe Carnival Inc. since October 27, 2012 and is a long-standing member of its senior management team. Mr. Sifford’s areas of relevant experience include detailed knowledge and experience in executive leadership and retail merchandising, encompassing merchandise procurement, building brand awareness, proprietary brand development and consumer behavior. Mr. Sifford served as the Chief Merchandising Officer of Shoe Carnival Inc. since October 27, 2012 until March 15, 2016. From June 2001 to October 2012, Mr. Sifford served as Executive Vice President at Shoe Carnival and its Senior Vice President from April 1997 until May 2001. He was General Merchandising Manager at Shoe Carnival April since 1997 until October 2012. He served as Merchandise Manager of shoes for Belk Store Services Inc. He has been a Director of Shoe Carnival, Inc. since October 27, 2012.

CEO Compensation
  • Cliff's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Cliff's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Shoe Carnival management team in years:

5
Average Tenure
57.5
Average Age
  • The tenure for the Shoe Carnival management team is about average.
Management Team

Cliff Sifford

TITLE
President
COMPENSATION
$3M
AGE
64
TENURE
6.7 yrs

W. Jackson

TITLE
Senior Executive VP
COMPENSATION
$2M
AGE
56
TENURE
22.8 yrs

Mark Worden

TITLE
Executive VP and Chief Strategy & Marketing Officer
COMPENSATION
$1M
AGE
44
TENURE
0.8 yrs

Timothy Baker

TITLE
Executive Vice President of Store Operations
COMPENSATION
$1M
AGE
61
TENURE
18 yrs

Carl Scibetta

TITLE
Executive VP & Chief Merchandising Officer
COMPENSATION
$1M
AGE
59
TENURE
3.3 yrs

Terry Clements

TITLE
Chief Information Officer & Senior VP

David Groff

TITLE
Vice President of Administration & Business Development

Sean Georges

TITLE
Senior VP of Human Resources

David Kapp

TITLE
Senior Vice President of Planning & Allocation
AGE
54

Marc Chilton

TITLE
Senior Vice President of Store Operations Administration
TENURE
0.2 yrs
Board of Directors Tenure

Average tenure and age of the Shoe Carnival board of directors in years:

6.7
Average Tenure
68
Average Age
  • The tenure for the Shoe Carnival board of directors is about average.
Board of Directors

J. Weaver

TITLE
Chairman
COMPENSATION
$300K
AGE
83
TENURE
31.3 yrs

Cliff Sifford

TITLE
President
COMPENSATION
$3M
AGE
64
TENURE
6.7 yrs

Jim Aschleman

TITLE
Independent Director
COMPENSATION
$153K
AGE
73
TENURE
7.3 yrs

Kent Kleeberger

TITLE
Lead Director
COMPENSATION
$173K
AGE
66

Andrea Guthrie

TITLE
Independent Director
COMPENSATION
$140K
AGE
46
TENURE
3.8 yrs

Joe Wood

TITLE
Independent Director
COMPENSATION
$143K
AGE
70
TENURE
7 yrs

Jeff Gerstel

TITLE
Independent Director
COMPENSATION
$138K
AGE
54
TENURE
3.8 yrs

Charles Tomm

TITLE
Independent Director
COMPENSATION
$138K
AGE
71
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • Shoe Carnival individual insiders have only sold shares in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
16. Apr 19 Sell Jeffrey Gerstel Individual 15. Apr 19 15. Apr 19 -1,200 $36.50 $-43,800
27. Dec 18 Sell Kent Kleeberger Individual 27. Dec 18 27. Dec 18 -1,074 $33.98 $-36,495
21. Nov 18 Sell Kent Kleeberger Individual 21. Nov 18 21. Nov 18 -1,500 $36.77 $-55,155
31. Aug 18 Sell Kent Kleeberger Individual 31. Aug 18 31. Aug 18 -2,172 $44.11 $-95,807
X
Management checks
We assess Shoe Carnival's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Shoe Carnival has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SCVL News

Simply Wall St News

Is There Now An Opportunity In Shoe Carnival, Inc. (NASDAQ:SCVL)?

It’s trading around 4.36% above my intrinsic value, which means if you buy Shoe Carnival today, you’d be paying a relatively fair price for it. … Since Shoe Carnival’s share price is quite volatile, we could potentially see it sink lower (or rise higher) in the future, giving us another chance to buy. … SCVL’s future growth appears to have been factored into the current share price, with shares trading around its fair value.

Simply Wall St -

I Ran A Stock Scan For Earnings Growth And Shoe Carnival (NASDAQ:SCVL) Passed With Ease

Check out our latest analysis for Shoe Carnival Shoe Carnival's Earnings Per Share Are Growing. … I like to take a look at earnings before interest and (EBIT) tax margins, as well as revenue growth, to get another take on the quality of the company's growth. … Given my belief that share price follows earnings per share you can easily imagine how I feel about Shoe Carnival's strong EPS growth.

Simply Wall St -

A Look At The Intrinsic Value Of Shoe Carnival, Inc. (NASDAQ:SCVL)

(NASDAQ:SCVL) by taking the expected future cash flows and discounting them to their present value. … Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. … A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, so we need to discount the sum of these future cash flows to arrive at a present value estimate: 10-year free cash flow (FCF) forecast 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Levered FCF ($, Millions) $59.46 $45.17 $45.31 $39.47 $36.60 $35.03 $34.27 $34.03 $34.14 $34.50 Growth Rate Estimate Source Analyst x3 Analyst x3 Analyst x3 Analyst x1 Est @ -7.27% Est @ -4.27% Est @ -2.17% Est @ -0.7% Est @ 0.33% Est @ 1.05% Present Value ($, Millions) Discounted @ 8.28% $54.91 $38.52 $35.69 $28.71 $24.58 $21.73 $19.63 $18.00 $16.68 $15.57 Present Value of 10-year Cash Flow (PVCF)= $274.03m "Est" = FCF growth rate estimated by Simply Wall St The second stage is also known as Terminal Value, this is the business's cash flow after the first stage.

Simply Wall St -

Should You Worry About Shoe Carnival, Inc.'s (NASDAQ:SCVL) CEO Pay Cheque?

In 2012 Cliff Sifford was appointed CEO of Shoe Carnival, Inc. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Cliff Sifford's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Why We Think Shoe Carnival, Inc. (NASDAQ:SCVL) Could Be Worth Looking At

(NASDAQ:SCVL) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective. … In the case of SCVL, it.

Simply Wall St -

Shoe Carnival, Inc. (NASDAQ:SCVL): What We Can Expect From This Growth Stock

Looking at Shoe Carnival, Inc.'s (NASDAQ:SCVL) earnings update in November 2018,. … analyst consensus outlook appear cautiously optimistic, … the past 5-year average growth rate of -0.6%

Simply Wall St -

Did You Miss Shoe Carnival's (NASDAQ:SCVL) 41% Share Price Gain?

One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … This EPS growth is significantly higher than the 41% increase in the share price. … The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers)

Simply Wall St -

Shoe Carnival, Inc. (NASDAQ:SCVL) Insiders Have Been Selling

As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.'. … The Last 12 Months Of Insider Transactions At Shoe Carnival. … All up, insiders sold more shares in Shoe Carnival than they bought, over the last year

Simply Wall St -

Based On Its ROE, Is Shoe Carnival, Inc. (NASDAQ:SCVL) A High Quality Stock?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … To keep the lesson grounded in practicality, we'll use ROE to better understand Shoe Carnival, Inc. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

At US$38.78, Is It Time To Put Shoe Carnival, Inc. (NASDAQ:SCVL) On Your Watch List?

received a lot of attention from a substantial price increase on the NASDAQGS over the last few months. … With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price? … Let’s examine Shoe Carnival’s valuation and outlook in more detail to determine if there’s still a bargain opportunity

Simply Wall St -

SCVL Company Info

Description

Shoe Carnival, Inc., together with its subsidiaries, operates as a family footwear retailer in the United States. The company offers various dress, casual, and athletic footwear products for men, women, and children; and accessories, such as socks, belts, shoe care items, handbags, sport bags, backpacks, scarves, and wallets. As of February 2, 2019, it operated 397 stores in 35 states and Puerto Rico. The company also sells its products through online shopping at shoecarnival.com. Shoe Carnival, Inc. was founded in 1978 and is based in Evansville, Indiana.

Details
Name: Shoe Carnival, Inc.
SCVL
Exchange: NasdaqGS
Founded: 1978
$413,985,081
14,690,741
Website: http://www.shoecarnival.com
Address: Shoe Carnival, Inc.
7500 East Columbia Street,
Evansville,
Indiana, 47715,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS SCVL Common Stock Nasdaq Global Select US USD 16. Mar 1993
Number of employees
Current staff
Staff numbers
3,750
Shoe Carnival employees.
Industry
Apparel Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/24 23:44
End of day share price update: 2019/06/24 00:00
Last estimates confirmation: 2019/05/23
Last earnings filing: 2019/06/11
Last earnings reported: 2019/05/04
Last annual earnings reported: 2019/02/02


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.