Caleres (NYSE:CAL – Get Free Report) issued an update on its second quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.320-0.380 for the period, compared to the consensus EPS 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. The stock has a market cap of $478.77 million, a price-to-earnings ratio of -64.50 and a beta of 0.74. Caleres has a one year low of $8.80 and a one year high of $16.14. The business’s 50-day simple moving average is $12.56 and its 200 day simple moving average is $12.31.
Caleres (NYSE:CAL – Get Free Report) last issued its quarterly earnings data on Thursday, March 19th. The textile maker reported ($0.36) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.40) by $0.04. Caleres had a positive return on equity of 6.49% and a negative net margin of 0.24%.The firm had revenue of $695.06 million during the quarter, compared to analyst estimates of $688.43 million. During the same quarter last year, the firm earned $0.33 EPS. Caleres’s quarterly revenue was up 8.7% on a year-over-year basis. On average, equities research analysts predict that Caleres will post 1.57 EPS for the current year.
Caleres Dividend Announcement
Wall Street Analyst Weigh In
A number of research firms have commented on CAL. Seaport Research Partners increased their price objective 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 upgraded 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 report 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 company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.
Check Out Our Latest Analysis on Caleres
Insider Transactions at Caleres
In other Caleres news, insider Daniel R. Freidman sold 11,207 shares of Caleres 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 completion of the transaction, the insider owned 64,780 shares of the company’s stock, valued at $971,700. The trade was a 14.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, 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 owned by company insiders.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings 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 worth $151,000 after acquiring an additional 693 shares during the period. Barclays PLC increased 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 valued at $1,105,000 after acquiring an additional 926 shares during the period. Franklin Resources Inc. increased 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 valued at $231,000 after acquiring an additional 1,007 shares during the period. Osaic Holdings Inc. raised its holdings in Caleres by 1,662.8% during the second quarter. Osaic Holdings Inc. now owns 1,992 shares of the textile maker’s stock worth $25,000 after purchasing an additional 1,879 shares in the last quarter. Finally, Prudential Financial Inc. raised its holdings in Caleres by 5.8% during the second quarter. Prudential Financial Inc. now owns 34,938 shares of the textile maker’s stock worth $427,000 after purchasing an additional 1,926 shares in the last quarter. 98.44% of the stock is owned by institutional investors and hedge funds.
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.
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