Analysts Set Expectations for Shoe Carnival Q1 Earnings

Shoe Carnival, Inc. (NASDAQ:SCVL) – Equities researchers at Seaport Res Ptn issued their Q1 2026 earnings per share (EPS) estimates for Shoe Carnival in a report issued on Thursday, March 20th. Seaport Res Ptn analyst M. Kummetz forecasts that the company will post earnings per share of $0.27 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 upgraded Shoe Carnival from a “sell” rating to a “hold” rating in a research note on Saturday, November 30th.

Shoe Carnival Trading Up 3.5 %

Shares of SCVL stock opened at $22.27 on Monday. Shoe Carnival has a 12-month low of $20.51 and a 12-month high of $46.92. The stock has a market capitalization of $605.19 million, a P/E ratio of 8.19 and a beta of 1.50. The firm’s 50 day moving average is $24.90 and its 200 day moving average is $32.68.

Shoe Carnival (NASDAQ:SCVL) last announced its quarterly 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 for the quarter, compared to the consensus estimate of $277.89 million. During the same quarter last year, the firm posted $0.59 EPS. The business’s quarterly revenue was down 6.2% compared to the same quarter last year.

Hedge Funds Weigh In On Shoe Carnival

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Harvest Fund Management Co. Ltd bought a new position in Shoe Carnival in the third quarter worth approximately $62,000. Quarry LP purchased a new stake in shares of Shoe Carnival in the 3rd quarter worth $66,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Shoe Carnival in the 3rd quarter worth $76,000. KLP Kapitalforvaltning AS bought a new position in Shoe Carnival in the 4th quarter worth $99,000. Finally, SG Americas Securities LLC purchased a new position in Shoe Carnival during the fourth quarter valued at $178,000. Hedge funds and other institutional investors own 66.05% of the company’s stock.

Shoe Carnival announced that its Board of Directors has approved a share repurchase program on Thursday, December 12th that authorizes the company to repurchase $50.00 million in shares. This repurchase authorization authorizes the company to buy up to 5.2% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s leadership believes its stock is undervalued.

Shoe Carnival Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 21st. Stockholders of record on Monday, April 7th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.69%. The ex-dividend date of this dividend is Monday, April 7th. This is a boost from Shoe Carnival’s previous quarterly dividend of $0.14. Shoe Carnival’s dividend payout ratio is 22.39%.

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.