Shoe Carnival (SHOE) Expected to Release Quarterly Earnings on Thursday

Shoe Carnival (NASDAQ:SHOE) is expected to be announcing its Q2 2027 results before the market opens on Thursday, September 3rd. Analysts expect Shoe Carnival to post earnings of $0.32 per share and revenue of $297.6290 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2027 earning results 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 results on Thursday, May 21st. The company reported $0.23 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 Stock Down 6.3%

Shares of SHOE stock opened at $12.84 on Wednesday. The stock has a 50 day moving average of $15.12. The stock has a market capitalization of $348.62 million, a PE ratio of 9.51 and a beta of 1.43. Shoe Carnival has a 12-month low of $12.78 and a 12-month high of $26.57.

Shoe Carnival Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Monday, July 6th were given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend was Monday, July 6th. Shoe Carnival’s dividend payout ratio (DPR) is presently 50.37%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SHOE. Millennium Management LLC grew its holdings in Shoe Carnival by 215.9% during the 1st 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 during the last quarter. Jane Street Group LLC increased its position in Shoe Carnival by 341.9% during the 4th quarter. Jane Street Group LLC now owns 205,942 shares of the company’s stock valued at $3,476,000 after purchasing an additional 159,339 shares during the period. Jump Financial LLC raised its holdings in shares of Shoe Carnival by 1,050.1% in the 2nd quarter. Jump Financial LLC now owns 173,670 shares of the company’s stock valued at $3,249,000 after purchasing an additional 158,570 shares in the last quarter. Gabelli Funds LLC purchased a new stake in shares of Shoe Carnival in the 2nd quarter worth approximately $2,615,000. Finally, BNP Paribas Financial Markets lifted its position in shares of Shoe Carnival by 179.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 194,045 shares of the company’s stock worth $4,034,000 after purchasing an additional 124,510 shares during the period. Institutional investors own 66.05% of the company’s stock.

Analyst Ratings Changes

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

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.