Caleres (NYSE:CAL) Updates Q2 2026 Earnings Guidance

Caleres (NYSE:CAL) issued an update on its second quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.320-0.380 for the period, compared to the consensus earnings per share estimate of 0.380. The company issued revenue guidance of -. Caleres also updated its FY 2026 guidance to 1.400-1.650 EPS.

Caleres Stock Performance

NYSE CAL opened at $14.19 on Thursday. Caleres has a one year low of $8.80 and a one year high of $16.14. The company has a 50-day simple moving average of $12.56 and a 200-day simple moving average of $12.31. The firm has a market capitalization of $478.77 million, a PE ratio of -64.50 and a beta of 0.74.

Caleres (NYSE:CAL) last posted its quarterly earnings results on Thursday, March 19th. The textile maker reported ($0.36) EPS for the quarter, beating the consensus estimate of ($0.40) by $0.04. Caleres had a negative net margin of 0.24% and a positive return on equity of 6.49%. The business had revenue of $695.06 million during the quarter, compared to analyst estimates of $688.43 million. During the same period in the previous year, the business posted $0.33 EPS. The company’s quarterly revenue was up 8.7% on a year-over-year basis. Equities analysts forecast that Caleres will post 1.57 earnings per share for the current year.

Caleres Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 11th will be paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Thursday, June 11th. Caleres’s payout ratio is presently -127.27%.

Wall Street Analyst Weigh In

CAL has been the subject of a number of analyst reports. Seaport Research Partners boosted their target price on shares of Caleres from $14.00 to $16.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Weiss Ratings raised shares of Caleres from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Finally, Zacks Research raised shares of Caleres from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Insider Activity at Caleres

In other Caleres news, insider Daniel R. Freidman sold 11,207 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $15.00, for a total transaction of $168,105.00. Following the sale, the insider directly owned 64,780 shares in the company, valued at approximately $971,700. The trade was a 14.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.10% of the company’s stock.

Institutional Trading of Caleres

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Arrowstreet Capital Limited Partnership raised its holdings in shares of Caleres by 120.4% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,072,550 shares of the textile maker’s stock worth $13,986,000 after purchasing an additional 586,020 shares in the last quarter. Federated Hermes Inc. raised its holdings in shares of Caleres by 86.3% in the 4th quarter. Federated Hermes Inc. now owns 937,391 shares of the textile maker’s stock worth $11,408,000 after purchasing an additional 434,269 shares in the last quarter. Renaissance Technologies LLC bought a new stake in shares of Caleres in the 4th quarter worth approximately $4,338,000. Paradigm Capital Management Inc. NY raised its holdings in shares of Caleres by 39.1% in the 4th quarter. Paradigm Capital Management Inc. NY now owns 911,599 shares of the textile maker’s stock worth $11,094,000 after purchasing an additional 256,155 shares in the last quarter. Finally, Balyasny Asset Management L.P. bought a new stake in shares of Caleres in the 4th quarter worth approximately $2,941,000. 98.44% of the stock is currently owned by institutional investors.

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.