Shares of Caleres, Inc. (NYSE:CAL – Get Free Report) crossed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $12.71 and traded as high as $13.61. Caleres shares last traded at $12.92, with a volume of 405,082 shares trading hands.
Wall Street Analyst Weigh In
A number of equities analysts have commented on the stock. Weiss Ratings raised shares of Caleres from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, September 11th. Zacks Research downgraded shares of Caleres from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st. Finally, Wall Street Zen upgraded shares of Caleres from a “hold” rating to a “buy” rating in a research report on Saturday, September 12th. Three investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the company currently has an average rating of “Hold”.
View Our Latest Research Report on Caleres
Caleres Price Performance
The firm has a market capitalization of $445.87 million, a PE ratio of 8.61 and a beta of 0.73. The business has a 50-day simple moving average of $12.63 and a 200-day simple moving average of $12.71.
Caleres (NYSE:CAL – Get Free Report) last announced its earnings results on Wednesday, September 9th. The textile maker reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.10. The firm had revenue of $695.45 million during the quarter, compared to analysts’ expectations of $702.49 million. Caleres had a return on equity of 7.84% and a net margin of 1.85%. The company’s quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.20 EPS. 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, research analysts expect that Caleres, Inc. will post 1.61 earnings per share for the current 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 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Friday, September 11th. Caleres’s payout ratio is presently 18.67%.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Fortitude Family Office LLC purchased a new position in shares of Caleres during the 3rd quarter worth about $25,000. Northwestern Mutual Wealth Management Co. purchased a new stake in Caleres in the 2nd quarter worth about $37,000. Legal & General Group Plc purchased a new stake in Caleres in the 2nd quarter worth about $43,000. Public Employees Retirement System of Ohio purchased a new stake in Caleres in the 2nd quarter worth about $50,000. Finally, Global Retirement Partners LLC bought a new stake in Caleres in the second quarter worth about $60,000. Institutional investors own 98.44% of the company’s stock.
About Caleres
Caleres, Inc is a global footwear company that designs, sources, markets and sells shoes and related products through a portfolio of owned and licensed brands. The company serves consumers through department stores, specialty retailers, wholesale partners, company-operated stores and e-commerce platforms.
Its brand portfolio includes Famous Footwear, a large family footwear retailer, as well as brands such as Sam Edelman, Naturalizer, Allen Edmonds, Vince Camuto, LifeStride, Franco Sarto, Ryka, Bzees and Circus NY.
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