Brokers Issue Forecasts for Shoe Carnival Q1 Earnings

Shoe Carnival, Inc. (NASDAQ:SCVL) – Stock analysts at Seaport Res Ptn issued their Q1 2026 EPS estimates for shares of Shoe Carnival in a report issued 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.

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

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

Shoe Carnival Price Performance

Shares of SCVL stock opened at $21.81 on Monday. The business has a 50-day moving average of $24.73 and a 200 day moving average of $32.55. Shoe Carnival has a 1-year low of $20.51 and a 1-year high of $46.92. The stock has a market capitalization of $592.69 million, a PE ratio of 8.02 and a beta of 1.50.

Shoe Carnival declared that its Board of Directors has initiated a stock repurchase plan on Thursday, December 12th that authorizes the company to buyback $50.00 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 5.2% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Shoe Carnival Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 21st. Stockholders of record on Monday, April 7th will be issued a dividend of $0.15 per share. This is a positive change from Shoe Carnival’s previous quarterly dividend of $0.14. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date of this dividend is Monday, April 7th. Shoe Carnival’s dividend payout ratio is currently 22.39%.

Institutional Investors Weigh In On Shoe Carnival

Several institutional investors and hedge funds have recently bought and sold shares of SCVL. Barclays PLC raised its holdings in shares of Shoe Carnival by 189.7% during the third quarter. Barclays PLC now owns 30,342 shares of the company’s stock valued at $1,330,000 after acquiring an additional 19,868 shares in the last quarter. Victory Capital Management Inc. increased its position in Shoe Carnival by 138.3% during the 3rd quarter. Victory Capital Management Inc. now owns 59,239 shares of the company’s stock valued at $2,598,000 after purchasing an additional 34,382 shares during the period. State Street Corp increased its position in Shoe Carnival by 2.2% during the 3rd quarter. State Street Corp now owns 793,318 shares of the company’s stock valued at $34,787,000 after purchasing an additional 17,086 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Shoe Carnival by 16.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 50,069 shares of the company’s stock worth $2,196,000 after purchasing an additional 6,946 shares in the last quarter. Finally, Hodges Capital Management Inc. lifted its position in shares of Shoe Carnival by 20.0% in the 4th quarter. Hodges Capital Management Inc. now owns 581,508 shares of the company’s stock worth $19,236,000 after purchasing an additional 96,753 shares during the period. Hedge funds and other institutional investors own 66.05% of the company’s stock.

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.