Caleres (NYSE:CAL) Updates FY 2025 Earnings Guidance

Caleres (NYSE:CAL - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 2.800-3.200 for the period, compared to the consensus EPS estimate of 3.990. The company issued revenue guidance of $2.7 billion-$2.8 billion, compared to the consensus revenue estimate of $2.8 billion. Caleres also updated its Q1 2025 guidance to 0.350-0.400 EPS.

Analyst Upgrades and Downgrades

Separately, Loop Capital reduced their price target on Caleres from $30.00 to $25.00 and set a "hold" rating on the stock in a research report on Friday, December 6th.

Caleres Stock Performance

CAL stock traded up $1.10 on Monday, reaching $17.60. The company's stock had a trading volume of 1,288,691 shares, compared to its average volume of 644,571. The firm has a market cap of $591.94 million, a PE ratio of 3.92 and a beta of 1.82. The business has a fifty day simple moving average of $17.53 and a two-hundred day simple moving average of $25.19. Caleres has a 12-month low of $15.00 and a 12-month high of $44.51.

Caleres (NYSE:CAL - Get Free Report) last released its quarterly earnings results on Thursday, March 20th. The textile maker reported $0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.27 by $0.06. The company had revenue of $639.20 million during the quarter, compared to the consensus estimate of $645.79 million. Caleres had a net margin of 5.69% and a return on equity of 22.71%. Caleres's revenue was down 8.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.86 earnings per share. As a group, research analysts anticipate that Caleres will post 3.23 earnings per share for the current fiscal year.

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Caleres Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Thursday, March 27th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $0.28 annualized dividend and a dividend yield of 1.59%. Caleres's payout ratio is 9.12%.

Insider Buying and Selling

In related news, Director Kyle Gendreau purchased 5,000 shares of the company's stock in a transaction dated Friday, January 17th. The shares were purchased at an average cost of $19.93 per share, with a total value of $99,650.00. Following the transaction, the director now directly owns 5,000 shares in the company, valued at $99,650. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 3.80% of the stock is currently owned by insiders.

Caleres Company Profile

Caleres, Inc engages in the retail and wholesale of footwear business in the United States, Canada, East Asia, and internationally. It operates through Famous Footwear and Brand Portfolio segments. The company offers licensed, branded, and private-label athletic, casual, and dress footwear products. The company provides brand name athletic, casual, and dress shoes, including Nike, Skechers, adidas, Vans, Crocs, Converse, Puma, Birkenstock, New Balance, Under Armour, Dr.