Caleres (NYSE:CAL) Issues FY 2026 Earnings Guidance
by Amy Steele · The Cerbat GemCaleres (NYSE:CAL – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.350-1.650 for the period, compared to the consensus estimate of 1.000. The company issued revenue guidance of -. Caleres also updated its Q1 2026 guidance to 0.250-0.300 EPS.
Caleres Price Performance
Shares of CAL traded up $1.32 during mid-day trading on Thursday, reaching $12.27. The company’s stock had a trading volume of 522,895 shares, compared to its average volume of 644,012. Caleres has a 12-month low of $8.80 and a 12-month high of $18.27. The stock has a market cap of $415.24 million, a PE ratio of -55.77 and a beta of 0.58. The company’s 50 day moving average is $11.33 and its 200 day moving average is $12.15.
Caleres (NYSE:CAL – Get Free Report) last released its quarterly earnings data on Thursday, March 19th. The textile maker reported ($0.36) EPS for the quarter, beating analysts’ consensus estimates of ($0.40) by $0.04. Caleres had a positive return on equity of 6.49% and a negative net margin of 0.24%.The business had revenue of $695.06 million for the quarter, compared to the consensus estimate of $688.43 million. During the same quarter in the prior year, the business posted $0.33 EPS. The business’s revenue for the quarter was up 8.7% on a year-over-year basis. As a group, sell-side analysts anticipate that Caleres will post 3.23 EPS for the current fiscal year.
Caleres Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Thursday, March 26th will be issued a $0.07 dividend. The ex-dividend date is Thursday, March 26th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.3%. Caleres’s dividend payout ratio is presently -127.27%.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on CAL shares. Zacks Research upgraded Caleres from a “strong sell” rating to a “hold” rating in a report on Thursday, February 26th. Seaport Research Partners increased their price objective on Caleres from $14.00 to $16.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Caleres in a research note on Wednesday, January 21st. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $14.00.
Get Our Latest Stock Analysis on Caleres
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in CAL. Global Retirement Partners LLC purchased a new position in Caleres during the 4th quarter worth approximately $25,000. Osaic Holdings Inc. lifted its position in Caleres by 1,662.8% during the 2nd quarter. Osaic Holdings Inc. now owns 1,992 shares of the textile maker’s stock worth $25,000 after acquiring an additional 1,879 shares during the period. Quadrant Capital Group LLC lifted its position in Caleres by 1,032.4% during the 4th quarter. Quadrant Capital Group LLC now owns 2,412 shares of the textile maker’s stock worth $29,000 after acquiring an additional 2,199 shares during the period. Nomura Holdings Inc. acquired a new stake in Caleres during the 2nd quarter worth approximately $136,000. Finally, Entropy Technologies LP acquired a new stake in Caleres during the 3rd quarter worth approximately $150,000. Hedge funds and other institutional investors own 98.44% of the company’s stock.
About Caleres
Caleres, Inc, formerly known as Brown Shoe Company, is a leading footwear company engaged in the design, sourcing, marketing and selling of a broad portfolio of branded and private-label shoes. The company’s operations span a range of market segments from value-priced to premium and luxury. Caleres operates through two primary segments: a retail segment anchored by the Famous Footwear banner, which includes more than 1,100 stores across North America, and a brand portfolio segment comprising owned and licensed brands such as Allen Edmonds, Naturalizer, Sam Edelman, Dr.