Caleres (NYSE:CAL) Upgraded at Wall Street Zen

Posted by Brian Himes on Nov 4th, 2026

Wall Street Zen upgraded shares of Caleres (NYSE:CAL – Free Report) from a buy rating to a strong-buy rating in a research note published on Sunday,Wall Street Zen reports.

Separately, Weiss Ratings raised Caleres from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, September 11th. Three investment analysts have rated the stock with a Hold rating. According to data from MarketBeat, Caleres currently has a consensus rating of “Hold”.

Read Our Latest Stock Report on Caleres

Caleres Stock Performance

Shares of NYSE CAL opened at $13.20 on Friday. Caleres has a fifty-two week low of $8.80 and a fifty-two week high of $15.04. The company has a 50 day simple moving average of $12.55 and a two-hundred day simple moving average of $12.50. The company has a market capitalization of $455.53 million, a price-to-earnings ratio of 9.28 and a beta of 0.71.

Caleres (NYSE:CAL – Get Free Report) last released its earnings results on Wednesday, September 9th. The textile maker reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.10. Caleres had a net margin of 1.85% and a return on equity of 7.84%. The firm had revenue of $695.45 million during the quarter, compared to analyst estimates of $702.49 million. During the same period last year, the business earned $0.20 earnings per share. The business’s revenue was up 5.6% on a year-over-year basis. Caleres has set its Q3 2026 guidance at 0.620-0.700 EPS and its FY 2026 guidance at 1.500-1.650 EPS. On average, analysts forecast that Caleres will post 1.61 earnings per share for the current fiscal year.

Caleres Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 11th were paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Friday, September 11th. Caleres’s dividend payout ratio (DPR) is currently 18.67%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CAL. Fortitude Family Office LLC purchased a new stake in shares of Caleres during the third quarter valued at approximately $25,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Caleres during the second quarter valued at approximately $37,000. Legal & General Group Plc purchased a new position in Caleres in the 2nd quarter worth approximately $43,000. Public Employees Retirement System of Ohio purchased a new position in Caleres in the 2nd quarter worth approximately $50,000. Finally, Global Retirement Partners LLC purchased a new position in Caleres in the 2nd quarter worth approximately $60,000. Institutional investors own 98.44% of the company’s stock.

About Caleres

(Get Free Report)

Caleres, Inc is a global footwear company that designs, sources, markets and sells shoes and related products for women, men and children. Its portfolio includes a range of fashion, comfort, performance and dress footwear brands, including Sam Edelman, Naturalizer, Vince Camuto, Allen Edmonds, LifeStride, Franco Sarto, Ryka and Dr. Scholl’s.

The company also operates Famous Footwear, a major family footwear retailer with stores and an e-commerce business in the United States. Through its branded footwear and retail operations, Caleres serves consumers through department stores, specialty retailers, company-owned stores, digital channels and other distribution partners.

Caleres traces its roots to 1878 and was formerly known as Brown Shoe Company before adopting the Caleres name in 2015.