Shoe Carnival, Inc. (NASDAQ:SCVL – Get Free Report) announced a quarterly dividend on Thursday, June 11th. Shareholders of record on Monday, July 6th will be paid a dividend of 0.17 per share on Monday, July 20th. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Monday, July 6th.
Shoe Carnival has raised its dividend payment by an average of 0.3%annually over the last three years and has raised its dividend annually for the last 14 consecutive years. Shoe Carnival has a payout ratio of 35.1% meaning its dividend is sufficiently covered by earnings. Research analysts expect Shoe Carnival to earn $1.86 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 36.6%.
Shoe Carnival Stock Down 0.0%
Shares of NASDAQ:SCVL opened at $17.43 on Friday. The firm has a market cap of $473.09 million, a P/E ratio of 12.91 and a beta of 1.41. Shoe Carnival has a 12 month low of $14.91 and a 12 month high of $26.57. The company’s 50-day moving average price is $17.31 and its two-hundred day moving average price is $18.14.
Key Shoe Carnival News
Here are the key news stories impacting Shoe Carnival this week:
- Positive Sentiment: Shoe Carnival’s shareholder-approved rebrand to Shoe Station Group and planned ticker change to SHOE may signal a broader strategic shift, with the company positioning itself for a two-banner, acquisition-fueled growth strategy. Article: Shoe Carnival, Inc. Announces Name Change to Shoe Station Group and Ticker Symbol Change to “SHOE”
- Positive Sentiment: The company declared a quarterly dividend of $0.17 per share, reinforcing capital return to shareholders and offering an annualized yield of about 3.9%. Article: Shoe Carnival changes corporate name to Shoe Station Group
- Positive Sentiment: Investors are also reacting to commentary suggesting there may be “bright spots” in the company’s earnings, and the Q1 2026 transcript is likely being read for signs of stabilization or improvement in margins and sales trends. Article: There May Be Some Bright Spots In Shoe Carnival’s (NASDAQ:SCVL) Earnings
- Neutral Sentiment: Coverage of the Q1 2026 earnings call transcript is drawing attention, but the market appears to be waiting for confirmation that the rebrand and operating plan can translate into sustained financial improvement. Article: Shoe Carnival, Inc. (SCVL) Q1 2026 Earnings Call Transcript
- Negative Sentiment: Some reports noted that store conversions have slowed, which could temper enthusiasm around the rebrand if execution does not pick up. Article: Shoe Carnival’s New Company Name is Now Official Despite Slowdown of Store Conversions
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.
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