FY2026 EPS Estimate for Shoe Carnival Decreased by Analyst

Shoe Carnival, Inc. (NASDAQ:SCVL) – Research analysts at Seaport Res Ptn cut their FY2026 earnings per share estimates for shares of Shoe Carnival in a research note issued on Tuesday, March 11th. Seaport Res Ptn analyst M. Kummetz now expects that the company will post earnings per share of $2.60 for the year, down from their prior estimate of $2.93. The consensus estimate for Shoe Carnival’s current full-year earnings is $2.60 per share. Seaport Res Ptn also issued estimates for Shoe Carnival’s FY2027 earnings at $2.90 EPS.

Separately, StockNews.com raised Shoe Carnival from a “sell” rating to a “hold” rating in a research report on Saturday, November 30th.

Shoe Carnival Stock Performance

Shares of SCVL stock opened at $21.85 on Friday. The stock’s 50 day simple moving average is $26.10 and its 200 day simple moving average is $33.68. The company has a market capitalization of $593.77 million, a price-to-earnings ratio of 8.03 and a beta of 1.50. Shoe Carnival has a twelve month low of $20.51 and a twelve month high of $46.92.

Shoe Carnival announced that its board has initiated a share repurchase plan on Thursday, December 12th that permits the company to buyback $50.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 5.2% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s management believes its stock is undervalued.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Harvest Fund Management Co. Ltd bought a new position in Shoe Carnival in the 3rd quarter worth approximately $62,000. Quarry LP bought a new position in Shoe Carnival in the 3rd quarter worth approximately $66,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Shoe Carnival during the third quarter valued at approximately $76,000. KLP Kapitalforvaltning AS bought a new stake in shares of Shoe Carnival during the fourth quarter valued at approximately $99,000. Finally, SG Americas Securities LLC bought a new stake in shares of Shoe Carnival during the fourth quarter valued at approximately $178,000. 66.05% of the stock is owned by institutional investors.

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.