Caleres (NYSE:CAL) Issues FY 2025 Earnings Guidance

Caleres (NYSE:CAL) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 2.800-3.200 for the period, compared to the consensus EPS estimate of 3.990. The company issued revenue guidance of $2.7 billion-$2.8 billion, compared to the consensus revenue estimate of $2.8 billion. Caleres also updated its Q1 2025 guidance to 0.350-0.400 EPS.

Analysts Set New Price Targets

Separately, Loop Capital dropped their price objective on shares of Caleres from $30.00 to $25.00 and set a “hold” rating for the company in a report on Friday, December 6th.

Caleres Stock Performance

NYSE CAL opened at $16.56 on Friday. Caleres has a 52-week low of $15.00 and a 52-week high of $44.51. The company has a market capitalization of $556.90 million, a P/E ratio of 3.69 and a beta of 1.82. The company has a fifty day moving average of $17.59 and a 200-day moving average of $25.54.

Caleres (NYSE:CAL) last posted its quarterly earnings data on Thursday, March 20th. The textile maker reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.06. The company had revenue of $639.20 million during the quarter, compared to the consensus estimate of $645.79 million. Caleres had a net margin of 5.69% and a return on equity of 22.71%. The firm’s revenue was down 8.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.86 EPS. As a group, analysts forecast that Caleres will post 3.23 EPS for the current fiscal year.

Caleres Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Thursday, March 27th will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.69%. The ex-dividend date of this dividend is Thursday, March 27th. Caleres’s dividend payout ratio is presently 9.12%.

Insiders Place Their Bets

In other Caleres news, Director Kyle Gendreau purchased 5,000 shares of the stock in a transaction on Friday, January 17th. The stock was acquired at an average cost of $19.93 per share, with a total value of $99,650.00. Following the completion of the purchase, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $99,650. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 3.80% of the stock is currently owned by insiders.

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.