FY2026 EPS Estimates for Caleres Reduced by Seaport Res Ptn

Caleres, Inc. (NYSE:CAL) – Equities researchers at Seaport Res Ptn lowered their FY2026 earnings per share (EPS) estimates for shares of Caleres in a research report issued on Wednesday, March 12th. Seaport Res Ptn analyst M. Kummetz now anticipates that the textile maker will earn $2.95 per share for the year, down from their prior forecast of $3.68. The consensus estimate for Caleres’ current full-year earnings is $3.23 per share. Seaport Res Ptn also issued estimates for Caleres’ FY2027 earnings at $3.57 EPS.

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

Caleres Price Performance

Shares of NYSE CAL opened at $16.24 on Monday. The stock has a market capitalization of $545.97 million, a P/E ratio of 3.62 and a beta of 1.82. Caleres has a 1-year low of $15.00 and a 1-year high of $44.51. The business has a fifty day moving average price of $17.88 and a 200 day moving average price of $25.85.

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 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date of this dividend is Thursday, March 27th. Caleres’s dividend payout ratio (DPR) is presently 6.24%.

Insider Buying and Selling at Caleres

In other Caleres news, Director Kyle Gendreau purchased 5,000 shares of the firm’s stock in a transaction on Friday, January 17th. The stock was bought at an average cost of $19.93 per share, for a total transaction of $99,650.00. Following the completion of the purchase, the director now owns 5,000 shares in the company, valued at $99,650. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 3.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CAL. Victory Capital Management Inc. raised its stake in shares of Caleres by 23.6% in the third quarter. Victory Capital Management Inc. now owns 76,577 shares of the textile maker’s stock worth $2,531,000 after purchasing an additional 14,618 shares during the last quarter. Quest Partners LLC raised its stake in shares of Caleres by 6.6% in the third quarter. Quest Partners LLC now owns 14,028 shares of the textile maker’s stock worth $464,000 after purchasing an additional 869 shares during the last quarter. Intech Investment Management LLC purchased a new position in shares of Caleres in the third quarter worth about $472,000. Landscape Capital Management L.L.C. purchased a new position in shares of Caleres in the third quarter worth about $4,184,000. Finally, Pacer Advisors Inc. purchased a new position in shares of Caleres in the third quarter worth about $49,783,000. 98.44% of the stock is currently owned by hedge funds and other institutional investors.

About Caleres

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.