Caleres, Inc. (NYSE:CAL – Free Report) – Analysts at KeyCorp issued their FY2025 earnings per share (EPS) estimates for shares of Caleres in a research note issued to investors on Wednesday, January 22nd. KeyCorp analyst A. Owens anticipates that the textile maker will post earnings of $3.23 per share for the year. The consensus estimate for Caleres’ current full-year earnings is $3.24 per share. KeyCorp also issued estimates for Caleres’ Q4 2025 earnings at $0.24 EPS, FY2026 earnings at $3.70 EPS and FY2027 earnings at $4.48 EPS.
Other equities analysts have also issued reports about the company. StockNews.com lowered Caleres from a “buy” rating to a “hold” rating in a report on Thursday, October 3rd. Loop Capital reduced their price target 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 Trading Down 2.1 %
NYSE CAL opened at $19.36 on Monday. The company has a 50-day moving average price of $24.53 and a two-hundred day moving average price of $31.11. The stock has a market cap of $650.94 million, a price-to-earnings ratio of 4.31 and a beta of 1.96. Caleres has a 52 week low of $19.21 and a 52 week high of $44.51.
Caleres (NYSE:CAL – Get Free Report) last released its quarterly earnings results on Thursday, December 5th. The textile maker reported $1.23 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 firm’s revenue was down 2.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.37 EPS.
Caleres Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, December 27th were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.45%. The ex-dividend date was Friday, December 27th. Caleres’s dividend payout ratio (DPR) is presently 6.24%.
Insider Activity
In other news, Director Kyle Gendreau bought 5,000 shares of the stock in a transaction that occurred on Friday, January 17th. The shares were purchased at an average cost of $19.93 per share, with a total value of $99,650.00. Following the completion of the acquisition, the director now directly owns 5,000 shares in the company, valued at approximately $99,650. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 3.80% of the company’s stock.
Hedge Funds Weigh In On Caleres
Large investors have recently made changes to their positions in the business. Principal Financial Group Inc. raised its position in shares of Caleres by 3.2% during the third quarter. Principal Financial Group Inc. now owns 1,835,057 shares of the textile maker’s stock worth $60,648,000 after purchasing an additional 56,346 shares during the period. State Street Corp raised its holdings in Caleres by 3.1% during the 3rd quarter. State Street Corp now owns 1,519,912 shares of the textile maker’s stock worth $50,233,000 after buying an additional 46,230 shares during the period. Pacer Advisors Inc. acquired a new stake in Caleres during the 3rd quarter worth about $49,783,000. FMR LLC lifted its stake in Caleres by 30.1% during the third quarter. FMR LLC now owns 929,968 shares of the textile maker’s stock valued at $30,735,000 after buying an additional 215,372 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Caleres by 3.6% in the third quarter. Geode Capital Management LLC now owns 792,057 shares of the textile maker’s stock worth $26,183,000 after buying an additional 27,291 shares during the period. Institutional investors own 98.44% of the company’s stock.
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.
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