Telsey Advisory Group Expects Reduced Earnings for Caleres

Caleres, Inc. (NYSE:CAL - Free Report) - Investment analysts at Telsey Advisory Group reduced their Q1 2026 EPS estimates for Caleres in a research report issued to clients and investors on Friday, December 6th. Telsey Advisory Group analyst D. Telsey now anticipates that the textile maker will earn $1.01 per share for the quarter, down from their previous estimate of $1.04. The consensus estimate for Caleres' current full-year earnings is $3.50 per share. Telsey Advisory Group also issued estimates for Caleres' Q2 2026 earnings at $1.02 EPS and Q3 2026 earnings at $1.42 EPS.

Other equities analysts have also issued reports about the stock. Loop Capital dropped their price objective on shares of Caleres from $30.00 to $25.00 and set a "hold" rating on the stock in a research report on Friday. StockNews.com lowered shares of Caleres from a "buy" rating to a "hold" rating in a research report on Thursday, October 3rd.

Caleres Stock Down 0.8 %

Shares of CAL traded down $0.21 during trading hours on Monday, hitting $26.97. The company had a trading volume of 978,888 shares, compared to its average volume of 548,191. The firm has a market cap of $949.34 million, a price-to-earnings ratio of 6.01 and a beta of 1.92. The business has a fifty day moving average of $30.94 and a 200-day moving average of $34.10. Caleres has a 12 month low of $26.05 and a 12 month high of $44.51.

Caleres (NYSE:CAL - Get Free Report) last posted its quarterly earnings results on Thursday, December 5th. The textile maker reported $1.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.38 by ($0.15). The firm had revenue of $740.90 million for the quarter, compared to the consensus estimate of $751.35 million. Caleres had a return on equity of 22.71% and a net margin of 5.69%. The business's revenue was down 2.8% compared to the same quarter last year. During the same period last year, the company posted $1.37 earnings per share.

Institutional Investors Weigh In On Caleres

A number of large investors have recently bought and sold shares of the company. Price T Rowe Associates Inc. MD raised its holdings in Caleres by 5.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 26,613 shares of the textile maker's stock valued at $1,092,000 after buying an additional 1,285 shares during the last quarter. SummerHaven Investment Management LLC raised its holdings in Caleres by 1.4% during the 2nd quarter. SummerHaven Investment Management LLC now owns 29,394 shares of the textile maker's stock worth $988,000 after purchasing an additional 409 shares during the last quarter. Bailard Inc. bought a new position in Caleres during the 2nd quarter worth approximately $255,000. Allspring Global Investments Holdings LLC raised its holdings in Caleres by 31,308.7% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 7,224 shares of the textile maker's stock worth $243,000 after purchasing an additional 7,201 shares during the last quarter. Finally, Rothschild Investment LLC acquired a new stake in shares of Caleres during the 2nd quarter worth approximately $1,754,000. 98.44% of the stock is currently owned by institutional investors and hedge funds.

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.