Shoe Carnival (SCVL) to Release Quarterly Earnings on Friday

Shoe Carnival (NASDAQ:SCVL - Get Free Report) is expected to issue its Q1 2026 quarterly earnings data before the market opens on Friday, May 30th. Analysts expect the company to announce earnings of $0.27 per share and revenue of $285.16 million for the quarter. Shoe Carnival has set its FY 2025 guidance at 1.600-2.100 EPS.

Shoe Carnival (NASDAQ:SCVL - Get Free Report) last released its quarterly earnings results on Thursday, March 20th. The company reported $0.54 EPS for the quarter, topping analysts' consensus estimates of $0.42 by $0.12. The business had revenue of $262.90 million for the quarter, compared to analyst estimates of $277.89 million. Shoe Carnival had a return on equity of 12.52% and a net margin of 6.12%. Shoe Carnival's revenue for the quarter was down 6.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.59 EPS. On average, analysts expect Shoe Carnival to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shoe Carnival Trading Up 0.3%

NASDAQ SCVL traded up $0.06 during trading hours on Tuesday, reaching $20.13. 320,972 shares of the company's stock were exchanged, compared to its average volume of 393,957. The stock has a market cap of $550.19 million, a PE ratio of 7.40 and a beta of 1.41. Shoe Carnival has a one year low of $16.14 and a one year high of $46.92. The firm has a fifty day moving average of $19.58 and a 200-day moving average of $26.55.

Shoe Carnival Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 21st. Shareholders of record on Monday, April 7th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.98%. The ex-dividend date was Monday, April 7th. This is a boost from Shoe Carnival's previous quarterly dividend of $0.14. Shoe Carnival's dividend payout ratio (DPR) is presently 22.39%.

Institutional Investors Weigh In On Shoe Carnival

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Millennium Management LLC increased its position in Shoe Carnival by 215.9% in the 1st quarter. Millennium Management LLC now owns 321,764 shares of the company's stock valued at $7,076,000 after acquiring an additional 219,918 shares in the last quarter. Empowered Funds LLC increased its position in Shoe Carnival by 3.0% in the 1st quarter. Empowered Funds LLC now owns 140,151 shares of the company's stock valued at $3,082,000 after acquiring an additional 4,108 shares in the last quarter. Royal Bank of Canada increased its position in Shoe Carnival by 13.0% in the 1st quarter. Royal Bank of Canada now owns 80,923 shares of the company's stock valued at $1,779,000 after acquiring an additional 9,298 shares in the last quarter. Finally, AQR Capital Management LLC increased its position 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 acquiring an additional 41,108 shares in the last quarter. Institutional investors and hedge funds own 66.05% of the company's stock.

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.