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NYSE:CAL

Caleres (CAL) Stock Price, News & Analysis

Caleres logo
$29.75 -0.01 (-0.03%)
(As of 11/20/2024 ET)

About Caleres Stock (NYSE:CAL)

Key Stats

Today's Range
$29.20
$29.95
50-Day Range
$28.72
$33.92
52-Week Range
$27.67
$44.51
Volume
547,373 shs
Average Volume
502,209 shs
Market Capitalization
$1.05 billion
P/E Ratio
6.44
Dividend Yield
0.94%
Price Target
$32.50
Consensus Rating
Hold

Company Overview

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. Martens, Asics, Timberland, Bearpaw, Skechers, HeyDude, Franco Sarto, Rykä, Vince, Bzees, Veronica Beard, and Zodiac brands, as well as company-owned and licensed brands, such as LifeStride, Dr. Scholl's Shoes, Blowfish Malibu, and Naturalizer. The company also operates naturalizer.com, naturalizer.ca, vionicshoes.com, samedelman.com, samedelman.co.uk, allenedmonds.com, allenedmonds.ca, drschollsshoes.com, lifestride.com, francosarto.com, ryka.com, bzees.com, and zodiacshoes.com, as well as Vince.com, blowfishshoes.com, and veronicabeard.com websites. In addition, it designs, sources, manufactures, and markets footwear to retail stores, such as online retailers, national chains, department stores, mass merchandisers, and independent retailers. Further, the company wholesales men's footwear, apparel, leather goods, and accessories under the Allen Edmonds brand; footwear for women under LifeStride brand; Italian footwear Franco Sarto brand; athletic footwear for women under the Rykä brand; women's shoe collection under the Vince brand; women's footwear under the Bzees brand; and women's footwear collection under Veronica Beard brand. The company was formerly known as Brown Shoe Company, Inc. and changed its name to Caleres, Inc. in May 2015. Caleres, Inc. was founded in 1878 and is headquartered in Saint Louis, Missouri.

Caleres Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
76th Percentile Overall Score

CAL MarketRank™: 

Caleres scored higher than 76% of companies evaluated by MarketBeat, and ranked 111th out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Caleres has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Caleres has only been the subject of 1 research reports in the past 90 days.

  • Read more about Caleres' stock forecast and price target.
  • Earnings Growth

    Earnings for Caleres are expected to grow by 15.59% in the coming year, from $4.04 to $4.67 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Caleres is 6.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.79.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Caleres is 6.44, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.16.

  • Price to Book Value per Share Ratio

    Caleres has a P/B Ratio of 1.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Caleres' valuation and earnings.
  • Percentage of Shares Shorted

    7.44% of the float of Caleres has been sold short.
  • Short Interest Ratio / Days to Cover

    Caleres has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Caleres has recently decreased by 19.75%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Caleres has a dividend yield of 0.94%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Caleres does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Caleres is 6.06%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Caleres will have a dividend payout ratio of 6.00% next year. This indicates that Caleres will be able to sustain or increase its dividend.

  • Read more about Caleres' dividend.
  • Percentage of Shares Shorted

    7.44% of the float of Caleres has been sold short.
  • Short Interest Ratio / Days to Cover

    Caleres has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Caleres has recently decreased by 19.75%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Caleres has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Caleres this week, compared to 5 articles on an average week.
  • Search Interest

    Only 2 people have searched for CAL on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Caleres to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Caleres insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 3.80% of the stock of Caleres is held by insiders.

  • Percentage Held by Institutions

    98.44% of the stock of Caleres is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Caleres' insider trading history.
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CAL Stock News Headlines

Footwear Stocks Q2 In Review: Skechers (NYSE:SKX) Vs Peers
My #1 Pre IPO Trade for 2025 – NAME and TICKER
One tiny company... Could quickly become "the next SpaceX." It plans to go public on the NASDAQ. And today you can buy Pre-IPO shares for less than $4.00. Get urgent details inside this free report...
Caleres (NYSE:CAL) Elects Two New Directors and Amends Bylaws__
How Did Mary Jane Shoes Get Their Name?
See More Headlines

CAL Stock Analysis - Frequently Asked Questions

Caleres' stock was trading at $30.73 at the beginning of the year. Since then, CAL shares have decreased by 3.2% and is now trading at $29.75.
View the best growth stocks for 2024 here
.

Caleres, Inc. (NYSE:CAL) posted its quarterly earnings results on Thursday, September, 12th. The textile maker reported $0.85 EPS for the quarter, missing the consensus estimate of $1.22 by $0.37. The business's quarterly revenue was down 1.8% compared to the same quarter last year.

Top institutional shareholders of Caleres include Principal Financial Group Inc. (5.21%), State Street Corp (4.32%), Pacer Advisors Inc. (4.28%) and FMR LLC (2.64%). Insiders that own company stock include John W Schmidt, Diane M Sullivan, Daniel R Freidman, Douglas Koch, Willis Hill, Mark A Schmitt, Todd E Hasty and Carla C Hendra.
View institutional ownership trends
.

Shares of CAL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Caleres investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and General Electric (GE).

Company Calendar

Last Earnings
9/12/2024
Ex-Dividend for 9/27 Dividend
9/13/2024
Dividend Payable
9/27/2024
Today
11/21/2024
Next Earnings (Confirmed)
12/05/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Footwear, except rubber
Sub-Industry
Apparel Retail
CUSIP
11573610
Employees
9,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$32.50
High Stock Price Target
$35.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+9.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$171.39 million
Pretax Margin
6.07%

Debt

Sales & Book Value

Annual Sales
$2.80 billion
Cash Flow
$5.57 per share
Book Value
$15.99 per share

Miscellaneous

Free Float
33,863,000
Market Cap
$1.05 billion
Optionable
Optionable
Beta
1.93

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This page (NYSE:CAL) was last updated on 11/21/2024 by MarketBeat.com Staff
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