Caleres (NYSE:CAL) Updates FY 2026 Earnings Guidance

Caleres (NYSE:CAL) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.400-1.650 for the period, compared to the consensus EPS estimate of 0.720. The company issued revenue guidance of -. Caleres also updated its Q2 2026 guidance to 0.320-0.380 EPS.

Caleres Price Performance

Shares of Caleres stock opened at $14.37 on Friday. The company’s 50 day moving average price is $12.62 and its two-hundred day moving average price is $12.34. The firm has a market capitalization of $484.84 million, a P/E ratio of -65.32 and a beta of 0.74. Caleres has a fifty-two week low of $8.80 and a fifty-two week high of $16.14.

Caleres (NYSE:CAL) last announced its quarterly earnings results on Thursday, June 4th. The textile maker reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.01. Caleres had a positive return on equity of 6.49% and a negative net margin of 0.24%.The firm had revenue of $666.60 million for the quarter, compared to analyst estimates of $662.64 million. During the same period last year, the firm posted $0.22 earnings per share. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. Caleres has set its Q2 2026 guidance at 0.320-0.380 EPS and its FY 2026 guidance at 1.400-1.650 EPS. On average, analysts expect that Caleres will post 1.57 earnings per share for the current year.

Caleres Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Thursday, June 11th will be paid a dividend of $0.07 per share. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $0.28 annualized dividend and a dividend yield of 1.9%. Caleres’s dividend payout ratio (DPR) is presently -127.27%.

Wall Street Analysts Forecast Growth

CAL has been the subject of a number of recent research reports. 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. Zacks Research raised Caleres from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. Finally, Weiss Ratings upgraded Caleres from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Insider Activity at Caleres

In other news, insider Daniel R. Freidman sold 11,207 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $15.00, for a total value of $168,105.00. Following the sale, the insider directly owned 64,780 shares of the company’s stock, valued at approximately $971,700. This represents a 14.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.10% of the company’s stock.

Institutional Trading of Caleres

A number of institutional investors have recently bought and sold shares of the company. AQR Capital Management LLC raised its position in shares of Caleres by 143.2% in the 1st quarter. AQR Capital Management LLC now owns 90,546 shares of the textile maker’s stock worth $1,560,000 after acquiring an additional 53,320 shares in the last quarter. Empowered Funds LLC lifted its position in shares of Caleres by 4.2% during the 1st quarter. Empowered Funds LLC now owns 162,814 shares of the textile maker’s stock valued at $2,805,000 after acquiring an additional 6,502 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Caleres by 4.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 105,137 shares of the textile maker’s stock worth $1,812,000 after acquiring an additional 4,175 shares in the last quarter. Franklin Resources Inc. grew its holdings in Caleres by 5.6% in the second quarter. Franklin Resources Inc. now owns 18,902 shares of the textile maker’s stock worth $231,000 after purchasing an additional 1,007 shares during the period. Finally, Rhumbline Advisers raised its holdings in shares of Caleres by 2.4% during the second quarter. Rhumbline Advisers now owns 99,677 shares of the textile maker’s stock valued at $1,218,000 after purchasing an additional 2,352 shares during the period. 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.