Brokers Issue Forecasts for Shoe Carnival FY2026 Earnings

Shoe Carnival, Inc. (NASDAQ:SCVL) – Equities researchers at Seaport Res Ptn upped their FY2026 earnings estimates for Shoe Carnival in a report issued on Thursday, November 20th. Seaport Res Ptn analyst M. Kummetz now forecasts that the company will post earnings per share of $1.95 for the year, up from their prior forecast of $1.88. Seaport Res Ptn currently has a “Hold” rating on the stock. 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 Q4 2026 earnings at $0.38 EPS and FY2027 earnings at $1.48 EPS.

SCVL has been the topic of several other research reports. Zacks Research raised shares of Shoe Carnival from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, October 27th. Wall Street Zen upgraded shares of Shoe Carnival from a “sell” rating to a “hold” rating in a research report on Friday, September 26th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Shoe Carnival in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Shoe Carnival Trading Up 6.0%

Shares of Shoe Carnival stock opened at $16.64 on Monday. Shoe Carnival has a 52 week low of $15.21 and a 52 week high of $36.94. The stock has a market cap of $455.49 million, a PE ratio of 7.33 and a beta of 1.35. The company’s 50-day moving average price is $19.58 and its two-hundred day moving average price is $20.25.

Shoe Carnival (NASDAQ:SCVL) last issued its quarterly earnings results on Thursday, November 20th. The company reported $0.53 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.53. Shoe Carnival had a return on equity of 9.65% and a net margin of 5.41%.The firm had revenue of $297.16 million during the quarter, compared to analyst estimates of $295.25 million. During the same period last year, the company posted $0.71 EPS. The firm’s quarterly revenue was down 3.2% on a year-over-year basis. Shoe Carnival has set its FY 2025 guidance at 1.800-2.100 EPS.

Shoe Carnival Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 20th. Shareholders of record on Monday, October 6th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 3.6%. The ex-dividend date was Monday, October 6th. Shoe Carnival’s payout ratio is presently 26.43%.

Insider Activity

In other news, Director Andrea R. Guthrie sold 2,477 shares of the firm’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $20.20, for a total value of $50,035.40. Following the completion of the sale, the director owned 24,405 shares of the company’s stock, valued at $492,981. This trade represents a 9.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 35.50% of the stock is owned by insiders.

Hedge Funds Weigh In On Shoe Carnival

A number of large investors have recently made changes to their positions in SCVL. Wasatch Advisors LP lifted its position in shares of Shoe Carnival by 8.5% in the third quarter. Wasatch Advisors LP now owns 397,677 shares of the company’s stock worth $8,268,000 after purchasing an additional 31,024 shares in the last quarter. Sherbrooke Park Advisers LLC acquired a new position in shares of Shoe Carnival in the third quarter worth $282,000. Nokomis Capital L.L.C. raised its holdings in shares of Shoe Carnival by 13.0% during the third quarter. Nokomis Capital L.L.C. now owns 374,103 shares of the company’s stock worth $7,778,000 after acquiring an additional 43,000 shares in the last quarter. Divisadero Street Capital Management LP purchased a new stake in shares of Shoe Carnival during the third quarter worth $3,813,000. Finally, Citadel Advisors LLC boosted its position in Shoe Carnival by 90.7% during the third quarter. Citadel Advisors LLC now owns 89,509 shares of the company’s stock valued at $1,861,000 after purchasing an additional 42,578 shares during the last quarter. Institutional investors and hedge funds 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.