Brokers Set Expectations for Caleres' Q2 Earnings (NYSE:CAL)

Caleres, Inc. (NYSE:CAL - Free Report) - Analysts at Seaport Res Ptn issued their Q2 2026 earnings per share estimates for Caleres in a report released on Thursday, March 20th. Seaport Res Ptn analyst M. Kummetz anticipates 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 EPS for the quarter, topping the consensus estimate of $0.27 by $0.06. Caleres had a return on equity of 22.71% and a net margin of 5.69%. The business had revenue of $639.20 million for the quarter, compared to analyst estimates of $645.79 million. During the same quarter in the previous year, the firm earned $0.86 EPS. The company's quarterly revenue was down 8.3% compared to the same quarter last year.

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.

Caleres Stock Down 2.5 %

Shares of Caleres stock traded down $0.45 during mid-day trading on Monday, hitting $17.16. The stock had a trading volume of 375,572 shares, compared to its average volume of 644,465. The firm has a 50-day moving average of $17.53 and a two-hundred day moving average of $25.19. The firm has a market cap of $576.91 million, a P/E ratio of 3.81 and a beta of 1.82. Caleres has a 12-month low of $15.00 and a 12-month high of $44.51.

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Caleres Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Thursday, March 27th will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date of this dividend is Thursday, March 27th. Caleres's dividend payout ratio is presently 9.12%.

Insider Transactions at Caleres

In other Caleres news, Director Kyle Gendreau purchased 5,000 shares of Caleres stock in a transaction dated Friday, January 17th. The shares were acquired at an average price of $19.93 per share, with a total value of $99,650.00. Following the completion of the transaction, the director now owns 5,000 shares of the company's stock, valued at $99,650. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 3.80% of the company's stock.

Institutional Investors Weigh In On Caleres

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