Shoe Carnival, Inc. (NASDAQ:SHOE) to Issue Quarterly Dividend of $0.17

Shoe Carnival, Inc. (NASDAQ:SHOE) declared a quarterly dividend on Tuesday, September 22nd. Investors of record on Tuesday, October 6th will be paid a dividend of 0.17 per share on Tuesday, October 20th. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date is Tuesday, October 6th.

Shoe Carnival has increased its dividend by an average of 0.3%annually over the last three years and has increased its dividend every year for the last 14 years. Shoe Carnival has a dividend payout ratio of 35.1% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Shoe Carnival to earn $1.51 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 45.0%.

Shoe Carnival Trading Down 1.0%

Shares of NASDAQ SHOE traded down $0.13 during mid-day trading on Wednesday, hitting $13.25. The company’s stock had a trading volume of 15,906 shares, compared to its average volume of 607,959. Shoe Carnival has a one year low of $10.20 and a one year high of $22.76. The company has a fifty day simple moving average of $14.50. The stock has a market capitalization of $360.13 million, a PE ratio of 15.06 and a beta of 1.40.

Shoe Carnival (NASDAQ:SHOE) last posted its quarterly earnings data on Thursday, September 10th. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.11). Shoe Carnival had a return on equity of 5.32% and a net margin of 2.20%.The firm had revenue of $284.31 million for the quarter, compared to analyst estimates of $299.19 million. During the same period in the prior year, the company earned $0.70 earnings per share. The firm’s quarterly revenue was down 7.2% on a year-over-year basis. Shoe Carnival has set its FY 2026 guidance at 0.750-0.900 EPS. On average, equities research analysts anticipate that Shoe Carnival will post 0.85 EPS for the current fiscal year.

Shoe Carnival Company Profile

Shoe Carnival, Inc is a family footwear retailer that sells shoes, sandals, boots, athletic footwear, accessories and related products for women, men and children. Its merchandise assortment includes national brands as well as private-label products, with offerings spanning casual, dress, work and athletic categories.

The company operates through a network of retail stores and an e-commerce platform, serving customers primarily in the United States. Shoe Carnival emphasizes value-oriented pricing, frequent promotions and an in-store shopping experience designed to appeal to families and budget-conscious consumers.

Founded in 1978 and headquartered in Evansville, Indiana, Shoe Carnival has expanded through organic growth and acquisitions, including its purchase of Shoe Station.