What is Seaport Res Ptn's Forecast for Caleres Q2 Earnings?

Caleres, Inc. (NYSE:CAL - Free Report) - Stock analysts at Seaport Res Ptn issued their Q2 2026 EPS estimates for shares of Caleres in a report issued on Thursday, March 20th. Seaport Res Ptn analyst M. Kummetz expects that the textile maker will post earnings of $0.85 per share for the quarter. The consensus estimate for Caleres' current full-year earnings is $3.23 per share. Seaport Res Ptn also issued estimates for Caleres' Q3 2026 earnings at $1.36 EPS, Q4 2026 earnings at $0.42 EPS, FY2027 earnings at $3.37 EPS and FY2028 earnings at $3.78 EPS.

Caleres (NYSE:CAL - Get Free Report) last posted its quarterly earnings results on Thursday, March 20th. The textile maker reported $0.33 earnings per share 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 business had revenue of $639.20 million during the quarter, compared to the consensus estimate of $645.79 million. During the same period in the previous year, the firm posted $0.86 earnings per share. The firm's revenue for the quarter was down 8.3% on a year-over-year basis.

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

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Caleres Stock Performance

CAL stock traded up $0.31 during trading on Monday, hitting $17.90. 1,023,564 shares of the company traded hands, compared to its average volume of 650,208. The company has a 50-day moving average of $17.42 and a 200-day moving average of $24.99. Caleres has a 1 year low of $15.00 and a 1 year high of $44.51. The firm has a market capitalization of $601.93 million, a PE ratio of 3.99 and a beta of 1.82.

Caleres Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Thursday, March 27th will be given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date of this dividend is Thursday, March 27th. Caleres's payout ratio is 9.12%.

Insider Activity

In other Caleres news, Director Kyle Gendreau purchased 5,000 shares of Caleres stock in a transaction that occurred on Friday, January 17th. The shares were bought at an average price of $19.93 per share, for a total transaction of $99,650.00. Following the acquisition, the director now directly owns 5,000 shares in the company, valued at approximately $99,650. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 3.80% of the company's stock.

Institutional Investors Weigh In On Caleres

Large investors have recently made changes to their positions in the business. Smartleaf Asset Management LLC raised its holdings in shares of Caleres by 254.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,733 shares of the textile maker's stock valued at $40,000 after acquiring an additional 1,244 shares in the last quarter. Golden State Wealth Management LLC purchased a new stake in shares of Caleres in the 4th quarter worth about $59,000. Lee Danner & Bass Inc. bought a new stake in shares of Caleres during the 4th quarter valued at about $81,000. Canada Pension Plan Investment Board purchased a new position in shares of Caleres during the fourth quarter valued at about $86,000. Finally, KLP Kapitalforvaltning AS purchased a new position in shares of Caleres during the fourth quarter valued at about $149,000. 98.44% of the stock is currently owned by institutional investors.

About Caleres

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.