Analysts Issue Forecasts for Shoe Carnival Q1 Earnings

Shoe Carnival, Inc. (NASDAQ:SCVL) – Seaport Res Ptn issued their Q1 2026 earnings per share (EPS) estimates for shares of Shoe Carnival in a research note issued on Thursday, March 20th. Seaport Res Ptn analyst M. Kummetz anticipates that the company will earn $0.27 per share for the quarter. 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 Q2 2026 earnings at $0.61 EPS, Q3 2026 earnings at $0.63 EPS, Q4 2026 earnings at $0.36 EPS and FY2028 earnings at $2.92 EPS.

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

Shoe Carnival Price Performance

Shares of Shoe Carnival stock opened at $21.52 on Monday. Shoe Carnival has a 1 year low of $20.51 and a 1 year high of $46.92. The firm has a market cap of $584.81 million, a PE ratio of 7.91 and a beta of 1.50. The stock has a fifty day moving average price of $25.07 and a 200-day moving average price of $32.80.

Shoe Carnival (NASDAQ:SCVL) last released its quarterly earnings results on Thursday, March 20th. The company reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.12. The business had revenue of $262.90 million during the quarter, compared to analyst estimates of $277.89 million. Shoe Carnival had a return on equity of 12.52% and a net margin of 6.12%. Shoe Carnival’s quarterly revenue was down 6.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.59 EPS.

Institutional Investors Weigh In On Shoe Carnival

Several large investors have recently made changes to their positions in SCVL. Harvest Fund Management Co. Ltd bought a new position in shares of Shoe Carnival during the 3rd quarter worth $62,000. Quarry LP bought a new position in shares of Shoe Carnival during the 3rd quarter worth $66,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Shoe Carnival during the 3rd quarter worth $76,000. KLP Kapitalforvaltning AS bought a new position in shares of Shoe Carnival during the 4th quarter worth $99,000. Finally, FMR LLC grew its stake in shares of Shoe Carnival by 8.7% during the 3rd quarter. FMR LLC now owns 4,266 shares of the company’s stock worth $187,000 after acquiring an additional 343 shares during the period. 66.05% of the stock is owned by hedge funds and other institutional investors.

Shoe Carnival Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 21st. Stockholders of record on Monday, April 7th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, April 7th. This is a positive change from Shoe Carnival’s previous quarterly dividend of $0.14. This represents a $0.60 annualized dividend and a dividend yield of 2.79%. Shoe Carnival’s dividend payout ratio (DPR) is currently 22.39%.

Shoe Carnival declared that its board has authorized a stock repurchase 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 stock through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its shares are undervalued.

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.