Caleres, Inc. (NYSE:CAL - Free Report) - Telsey Advisory Group reduced their Q1 2026 earnings per share estimates for Caleres in a note issued to investors on Friday, March 14th. Telsey Advisory Group analyst D. Telsey now anticipates that the textile maker will post earnings per share of $0.85 for the quarter, down from their prior estimate of $1.01. The consensus estimate for Caleres' current full-year earnings is $3.23 per share. Telsey Advisory Group also issued estimates for Caleres' Q2 2026 earnings at $0.88 EPS and FY2026 earnings at $3.50 EPS.
Caleres (NYSE:CAL - Get Free Report) last announced its quarterly earnings data on Thursday, March 20th. The textile maker reported $0.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.27 by $0.06. The firm had revenue of $639.20 million for the quarter, compared to analysts' expectations of $645.79 million. Caleres had a return on equity of 22.71% and a net margin of 5.69%. The company's revenue for the quarter was down 8.3% compared to the same quarter last year. During the same period last year, the firm earned $0.86 earnings per share.
Separately, Loop Capital cut their target price on Caleres from $30.00 to $25.00 and set a "hold" rating on the stock in a research note on Friday, December 6th.
Check Out Our Latest Analysis on CAL
Caleres Stock Performance
Shares of NYSE CAL traded up $0.25 during trading hours on Monday, hitting $16.64. The company's stock had a trading volume of 790,492 shares, compared to its average volume of 629,578. The stock has a market cap of $559.42 million, a price-to-earnings ratio of 3.66 and a beta of 1.82. Caleres has a 12 month low of $15.00 and a 12 month high of $44.51. The business has a 50-day simple moving average of $17.78 and a 200-day simple moving average of $25.78.
Caleres Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Thursday, March 27th will be issued a dividend of $0.07 per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $0.28 annualized dividend and a dividend yield of 1.68%. Caleres's payout ratio is 6.24%.
Insider Activity
In other Caleres news, Director Kyle Gendreau bought 5,000 shares of the firm's stock in a transaction on Friday, January 17th. The stock was acquired at an average price of $19.93 per share, with a total value of $99,650.00. Following the transaction, the director now owns 5,000 shares in the company, valued at $99,650. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 3.80% of the company's stock.
Institutional Investors Weigh In On Caleres
A number of hedge funds have recently added to or reduced their stakes in CAL. Barclays PLC increased its position in Caleres by 108.8% during the third quarter. Barclays PLC now owns 55,776 shares of the textile maker's stock valued at $1,843,000 after acquiring an additional 29,057 shares during the last quarter. FMR LLC grew its stake in shares of Caleres by 30.1% during the 3rd quarter. FMR LLC now owns 929,968 shares of the textile maker's stock valued at $30,735,000 after purchasing an additional 215,372 shares during the period. Empowered Funds LLC increased its position in shares of Caleres by 314.6% during the 4th quarter. Empowered Funds LLC now owns 156,312 shares of the textile maker's stock valued at $3,620,000 after purchasing an additional 118,611 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of Caleres by 50.8% in the 4th quarter. Victory Capital Management Inc. now owns 115,443 shares of the textile maker's stock worth $2,674,000 after purchasing an additional 38,866 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in shares of Caleres by 3.6% in the third quarter. Geode Capital Management LLC now owns 792,057 shares of the textile maker's stock worth $26,183,000 after buying an additional 27,291 shares during the last quarter. 98.44% of the stock is currently owned by hedge funds and other institutional investors.
About Caleres
(
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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.
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