Caleres (NYSE:CAL) Issues FY 2026 Earnings Guidance

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

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CAL. Weiss Ratings upgraded shares of Caleres from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Seaport Research Partners boosted their target price on shares of Caleres from $14.00 to $16.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Finally, Zacks Research upgraded shares of Caleres from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Caleres currently has a consensus rating of “Moderate Buy”.

Caleres Stock Down 1.3%

CAL stock opened at $14.19 on Thursday. The company has a market cap of $478.77 million, a P/E ratio of -64.50 and a beta of 0.74. Caleres has a twelve month low of $8.80 and a twelve month high of $16.14. The business has a fifty day moving average of $12.56 and a 200-day moving average of $12.31.

Caleres (NYSE:CAL) last posted its quarterly earnings results on Thursday, March 19th. The textile maker reported ($0.36) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.40) by $0.04. The business had revenue of $695.06 million for the quarter, compared to analysts’ expectations of $688.43 million. Caleres had a positive return on equity of 6.49% and a negative net margin of 0.24%.The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.33 earnings per share. As a group, equities research analysts anticipate that Caleres will post 1.57 earnings per share for the current fiscal year.

Caleres Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Thursday, June 11th will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Thursday, June 11th. Caleres’s dividend payout ratio (DPR) is -127.27%.

Insider Activity at Caleres

In other news, insider Daniel R. Freidman sold 11,207 shares of Caleres stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $15.00, for a total transaction of $168,105.00. Following the completion of the sale, the insider owned 64,780 shares in the company, valued at $971,700. The trade was a 14.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.10% of the stock is currently owned by corporate insiders.

Institutional Trading of Caleres

A number of institutional investors have recently bought and sold shares of CAL. The Manufacturers Life Insurance Company lifted its stake in shares of Caleres by 5.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,363 shares of the textile maker’s stock valued at $151,000 after purchasing an additional 693 shares during the period. Barclays PLC grew its stake in shares of Caleres by 1.0% during the fourth quarter. Barclays PLC now owns 90,762 shares of the textile maker’s stock worth $1,105,000 after purchasing an additional 926 shares during the period. Franklin Resources Inc. grew its stake in shares of Caleres by 5.6% during 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. Osaic Holdings Inc. increased its holdings in Caleres by 1,662.8% in the second quarter. Osaic Holdings Inc. now owns 1,992 shares of the textile maker’s stock valued at $25,000 after purchasing an additional 1,879 shares during the last quarter. Finally, Prudential Financial Inc. lifted its stake in Caleres by 5.8% in the second quarter. Prudential Financial Inc. now owns 34,938 shares of the textile maker’s stock valued at $427,000 after buying an additional 1,926 shares during the period. Institutional investors and hedge funds own 98.44% of the company’s stock.

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.