Caleres, Inc. to Issue Quarterly Dividend of $0.07 (NYSE:CAL)

Caleres, Inc. (NYSE:CAL) announced a quarterly dividend on Friday, August 28th. Investors of record on Friday, September 11th will be given a dividend of 0.07 per share by the textile maker on Friday, September 25th. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date is Friday, September 11th.

Caleres has a dividend payout ratio of 8.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Caleres to earn $2.28 per share next year, which means the company should continue to be able to cover its $0.28 annual dividend with an expected future payout ratio of 12.3%.

Caleres Trading Down 0.1%

NYSE:CAL opened at $12.53 on Friday. The stock has a 50 day moving average of $12.77 and a two-hundred day moving average of $12.43. Caleres has a 12 month low of $8.80 and a 12 month high of $16.14. The firm has a market cap of $420.88 million, a P/E ratio of -1,251.75 and a beta of 0.76.

Caleres (NYSE:CAL) last released its earnings results on Thursday, June 4th. The textile maker reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.01. Caleres had a return on equity of 7.33% and a net margin of 0.02%.The business had revenue of $666.60 million for the quarter, compared to the consensus estimate of $662.63 million. During the same quarter last year, the business posted $0.22 earnings per share. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. 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, research analysts forecast that Caleres will post 1.63 earnings per share for the current year.

Caleres Company Profile

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.