Shoe Carnival (SCVL) Expected to Announce Earnings on Friday

Shoe Carnival (NASDAQ:SCVL) will likely be posting its Q1 2026 quarterly earnings results 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) last released its 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 company had revenue of $262.90 million for the quarter, compared to analysts’ expectations of $277.89 million. Shoe Carnival had a net margin of 6.12% and a return on equity of 12.52%. The firm’s revenue was down 6.2% compared to the same quarter last year. During the same quarter last year, the business 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 Price Performance

Shoe Carnival stock opened at $19.09 on Thursday. The stock has a market cap of $521.77 million, a P/E ratio of 7.02 and a beta of 1.41. Shoe Carnival has a 1 year low of $16.14 and a 1 year high of $46.92. The firm’s 50 day moving average price is $19.21 and its 200-day moving average price is $25.89.

Shoe Carnival Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 21st. Shareholders of record on Monday, April 7th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 3.14%. This is a positive change from Shoe Carnival’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Monday, April 7th. Shoe Carnival’s payout ratio is presently 22.39%.

Hedge Funds Weigh In On Shoe Carnival

Several hedge funds and other institutional investors have recently bought and sold shares of SCVL. AQR Capital Management LLC raised its holdings in shares of Shoe Carnival by 367.2% during the 1st quarter. AQR Capital Management LLC now owns 52,303 shares of the company’s stock worth $1,150,000 after acquiring an additional 41,108 shares during the period. Royal Bank of Canada grew its holdings in Shoe Carnival by 13.0% during the 1st 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 in the last quarter. Empowered Funds LLC grew its holdings 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 acquiring an additional 4,108 shares in the last quarter. Finally, Millennium Management LLC boosted its holdings in Shoe Carnival by 215.9% in the first quarter. Millennium Management LLC now owns 321,764 shares of the company’s stock valued at $7,076,000 after purchasing an additional 219,918 shares in 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.