Shoe Carnival (SCVL) to Release Earnings on Thursday

Shoe Carnival (NASDAQ:SCVL) is anticipated to post its Q4 2026 results before the market opens on Thursday, March 26th. Analysts expect Shoe Carnival to post earnings of $0.38 per share and revenue of $256.74 million for the quarter. Parties may review the information on the company’s upcoming Q4 2026 earning report for the latest details on the call scheduled for Thursday, March 26, 2026 at 9:00 AM ET.

Shoe Carnival Price Performance

SCVL stock opened at $16.88 on Thursday. The company has a market capitalization of $462.17 million, a P/E ratio of 8.04 and a beta of 1.34. Shoe Carnival has a 12 month low of $15.21 and a 12 month high of $26.57. The firm’s fifty day simple moving average is $19.48 and its 200-day simple moving average is $19.38.

Shoe Carnival declared that its Board of Directors has initiated a stock buyback plan on Friday, December 12th that authorizes the company to repurchase $50.00 million in shares. This repurchase authorization authorizes the company to buy up to 9.9% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Shoe Carnival Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 20th. Investors of record on Monday, April 6th will be given a dividend of $0.17 per share. This is a boost from Shoe Carnival’s previous quarterly dividend of $0.15. This represents a $0.68 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Monday, April 6th. Shoe Carnival’s payout ratio is presently 28.57%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on SCVL. Williams Trading set a $22.00 target price on Shoe Carnival in a report on Thursday, February 26th. Zacks Research cut shares of Shoe Carnival from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 25th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Shoe Carnival in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $22.00.

Institutional Trading of Shoe Carnival

Several institutional investors have recently bought and sold shares of SCVL. Royal Bank of Canada boosted its stake in shares of Shoe Carnival by 13.0% in the first quarter. Royal Bank of Canada now owns 80,923 shares of the company’s stock worth $1,779,000 after acquiring an additional 9,298 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Shoe Carnival by 367.2% in the 1st quarter. AQR Capital Management LLC now owns 52,303 shares of the company’s stock valued at $1,150,000 after purchasing an additional 41,108 shares in the last quarter. Millennium Management LLC boosted its stake in Shoe Carnival by 215.9% during the 1st quarter. Millennium Management LLC now owns 321,764 shares of the company’s stock worth $7,076,000 after purchasing an additional 219,918 shares during the last quarter. Empowered Funds LLC boosted its stake in Shoe Carnival by 3.0% during the 1st quarter. Empowered Funds LLC now owns 140,151 shares of the company’s stock worth $3,082,000 after purchasing an additional 4,108 shares during the last quarter. Finally, Legal & General Group Plc grew its holdings in shares of Shoe Carnival by 4.5% during the second quarter. Legal & General Group Plc now owns 46,758 shares of the company’s stock worth $875,000 after buying an additional 1,998 shares in the last quarter. 66.05% of the stock is owned by institutional investors and hedge funds.

Shoe Carnival Company Profile

Shoe Carnival, Inc (NASDAQ: SCVL) is a U.S.-based specialty retailer offering a broad assortment of footwear, apparel and accessories for the entire family. Through its network of brick-and-mortar stores and e-commerce platform, the company provides casual, athletic and dress shoes for men, women and children, as well as complementary apparel, handbags, socks and other accessories designed to deliver value and variety. Its distinctive in-store carnival host service model aims to create an engaging shopping experience and foster customer loyalty.

Founded in 1978 and headquartered in Evansville, Indiana, Shoe Carnival has expanded over four decades to operate more than 350 retail locations across over 30 states.