Shoe Carnival (SHOE) to Post Quarterly Earnings on Thursday

Shoe Carnival (NASDAQ:SHOE) is anticipated to announce its Q2 2027 results before the market opens on Thursday, September 3rd. Analysts expect the company to announce earnings of $0.32 per share and revenue of $297.6290 million for the quarter. Interested persons can check the company’s upcoming Q2 2027 earning summary page for the latest details on the call scheduled for Thursday, September 10, 2026 at 9:00 AM ET.

Shoe Carnival (NASDAQ:SHOE) last announced its quarterly earnings data on Thursday, May 21st. The company reported $0.23 earnings per share (EPS) for the quarter. Shoe Carnival had a net margin of 3.31% and a return on equity of 7.24%. The firm had revenue of $270.73 million during the quarter. On average, analysts expect Shoe Carnival to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shoe Carnival Trading Up 0.1%

Shoe Carnival stock opened at $13.70 on Tuesday. Shoe Carnival has a 12-month low of $13.30 and a 12-month high of $26.57. The firm has a market capitalization of $371.95 million, a PE ratio of 10.15 and a beta of 1.43. The stock’s 50-day moving average price is $15.19.

Shoe Carnival Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 20th. Stockholders of record on Monday, July 6th were issued a dividend of $0.17 per share. The ex-dividend date was Monday, July 6th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.0%. Shoe Carnival’s dividend payout ratio (DPR) is currently 50.37%.

Institutional Investors Weigh In On Shoe Carnival

Institutional investors have recently made changes to their positions in the stock. New South Capital Management Inc. lifted its holdings in shares of Shoe Carnival by 10.3% in the 4th quarter. New South Capital Management Inc. now owns 744,519 shares of the company’s stock worth $12,567,000 after acquiring an additional 69,474 shares during the last quarter. Geode Capital Management LLC increased its holdings in Shoe Carnival by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 448,424 shares of the company’s stock valued at $7,570,000 after purchasing an additional 4,859 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Shoe Carnival by 24.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 441,679 shares of the company’s stock valued at $7,456,000 after purchasing an additional 86,075 shares during the last quarter. Wasatch Advisors LP raised its position in Shoe Carnival by 8.5% in the third quarter. Wasatch Advisors LP now owns 397,677 shares of the company’s stock valued at $8,268,000 after purchasing an additional 31,024 shares during the period. Finally, Nokomis Capital L.L.C. raised its position in Shoe Carnival by 13.0% in the third quarter. Nokomis Capital L.L.C. now owns 374,103 shares of the company’s stock valued at $7,778,000 after purchasing an additional 43,000 shares during the period. 66.05% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

SHOE has been the topic of several analyst reports. Weiss Ratings started coverage on shares of Shoe Carnival in a research report on Monday, June 15th. They set a “hold (c-)” rating on the stock. Zacks Research lowered Shoe Carnival from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 12th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Shoe Carnival currently has an average rating of “Moderate Buy” and a consensus price target of $22.00.

About Shoe Carnival

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.