Caleres Q2 EPS Estimate Reduced by Telsey Advisory Group

Caleres, Inc. (NYSE:CAL - Free Report) - Analysts at Telsey Advisory Group decreased their Q2 2026 earnings estimates for Caleres in a report issued on Friday, March 21st. Telsey Advisory Group analyst D. Telsey now forecasts that the textile maker will post earnings per share of $0.84 for the quarter, down from their prior estimate of $0.88. The consensus estimate for Caleres' current full-year earnings is $3.23 per share. Telsey Advisory Group also issued estimates for Caleres' Q4 2026 earnings at $0.49 EPS.

Caleres (NYSE:CAL - Get Free Report) last issued its quarterly earnings results on Thursday, March 20th. The textile maker reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.06. Caleres had a net margin of 5.69% and a return on equity of 22.71%. The company had revenue of $639.20 million during the quarter, compared to analyst estimates of $645.79 million. During the same quarter last year, the business posted $0.86 EPS. Caleres's quarterly revenue was down 8.3% compared to the same quarter last year.

Separately, Loop Capital decreased their price objective on Caleres from $30.00 to $25.00 and set a "hold" rating for the company in a report on Friday, December 6th.

Caleres Price Performance

Shares of CAL traded up $0.31 during mid-day trading on Monday, hitting $17.90. The stock had a trading volume of 1,023,564 shares, compared to its average volume of 650,208. Caleres has a 52 week low of $15.00 and a 52 week high of $44.51. The business has a fifty day moving average price of $17.42 and a 200-day moving average price of $24.99. The firm has a market cap of $601.93 million, a P/E ratio of 3.99 and a beta of 1.82.

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Caleres Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Thursday, March 27th will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.56%. The ex-dividend date of this dividend is Thursday, March 27th. Caleres's dividend payout ratio (DPR) is presently 9.12%.

Insider Activity at Caleres

In related news, Director Kyle Gendreau bought 5,000 shares of Caleres 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 acquisition, the director now directly owns 5,000 shares of the company's stock, valued at $99,650. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 3.80% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Caleres

Large investors have recently modified their holdings of the company. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Caleres in the 4th quarter worth approximately $1,616,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Caleres by 31.7% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 100,962 shares of the textile maker's stock worth $2,338,000 after buying an additional 24,316 shares in the last quarter. Voloridge Investment Management LLC bought a new stake in Caleres during the fourth quarter valued at $8,259,000. Vident Advisory LLC grew its position in Caleres by 32.6% during the fourth quarter. Vident Advisory LLC now owns 15,918 shares of the textile maker's stock worth $369,000 after buying an additional 3,912 shares in the last quarter. Finally, Tidal Investments LLC bought a new position in Caleres in the 4th quarter worth about $406,000. 98.44% of the stock is currently owned by institutional investors.

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.