Analysts Issue Forecasts for Shoe Carnival Q1 Earnings

Shoe Carnival, Inc. (NASDAQ:SCVL - Free Report) - Investment analysts at Seaport Res Ptn issued their Q1 2026 EPS estimates for Shoe Carnival in a research note issued to investors on Thursday, March 20th. Seaport Res Ptn analyst M. Kummetz expects that the company will post earnings of $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 shares of Shoe Carnival from a "sell" rating to a "hold" rating in a report on Saturday, November 30th.

Shoe Carnival Stock Performance

Shares of NASDAQ:SCVL traded up $0.17 on Monday, hitting $22.15. The company's stock had a trading volume of 413,627 shares, compared to its average volume of 330,315. The company has a market capitalization of $601.93 million, a price-to-earnings ratio of 8.14 and a beta of 1.50. Shoe Carnival has a 12 month low of $20.51 and a 12 month high of $46.92. The stock's 50-day moving average is $24.56 and its two-hundred day moving average is $32.47.

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

Institutional Investors Weigh In On Shoe Carnival

A number of institutional investors have recently added to or reduced their stakes in SCVL. Harvest Fund Management Co. Ltd acquired a new position in Shoe Carnival in the third quarter worth approximately $62,000. Quarry LP purchased a new stake in Shoe Carnival during the third quarter valued at about $66,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Shoe Carnival during the third quarter valued at about $76,000. KLP Kapitalforvaltning AS acquired a new stake in shares of Shoe Carnival during the fourth quarter valued at approximately $99,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Shoe Carnival in the 4th quarter valued at approximately $178,000. 66.05% of the stock is currently owned by institutional investors and hedge funds.

Shoe Carnival Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 21st. Investors of record on Monday, April 7th will be issued a dividend of $0.15 per share. This is a boost 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 annualized dividend and a yield of 2.71%. Shoe Carnival's payout ratio is presently 22.39%.

Shoe Carnival announced that its board has initiated a share buyback plan on Thursday, December 12th that allows the company to repurchase $50.00 million in shares. This repurchase authorization allows the company to purchase up to 5.2% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.

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.