Research Analysts Set Expectations for Caleres Q2 Earnings

Caleres, Inc. (NYSE:CAL) – Investment analysts at Telsey Advisory Group decreased their Q2 2026 earnings estimates for Caleres in a report issued on Friday, March 21st. Telsey Advisory Group analyst D. Telsey now forecasts that the textile maker will post earnings of $0.84 per share for the quarter, down from their previous estimate of $0.88. The consensus estimate for Caleres’ current full-year earnings is $3.23 per share. Telsey Advisory Group also issued estimates for Caleres’ Q4 2026 earnings at $0.49 EPS.

Caleres (NYSE:CAL) last posted its earnings results on Thursday, March 20th. The textile maker reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.06. Caleres had a net margin of 5.69% and a return on equity of 22.71%. The firm had revenue of $639.20 million for the quarter, compared to the consensus estimate of $645.79 million. During the same period in the previous year, the firm posted $0.86 EPS. The business’s quarterly revenue was down 8.3% on a year-over-year basis.

Separately, Loop Capital cut their target price on Caleres from $30.00 to $25.00 and set a “hold” rating on the stock in a research report on Friday, December 6th.

Caleres Price Performance

Shares of CAL stock opened at $17.30 on Monday. The company has a market cap of $581.78 million, a PE ratio of 3.85 and a beta of 1.82. Caleres has a 1 year low of $15.00 and a 1 year high of $44.51. The stock’s 50 day simple moving average is $17.47 and its two-hundred day simple moving average is $25.04.

Institutional Trading of Caleres

Several institutional investors and hedge funds have recently made changes to their positions in CAL. Vanguard Group Inc. grew its holdings in shares of Caleres by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 3,223,343 shares of the textile maker’s stock worth $74,653,000 after purchasing an additional 50,041 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Caleres by 8.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,049,895 shares of the textile maker’s stock worth $47,475,000 after acquiring an additional 167,326 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Caleres by 3.2% during the third quarter. Principal Financial Group Inc. now owns 1,835,057 shares of the textile maker’s stock worth $60,648,000 after acquiring an additional 56,346 shares during the period. State Street Corp increased its position in shares of Caleres by 3.1% during the third quarter. State Street Corp now owns 1,519,912 shares of the textile maker’s stock worth $50,233,000 after acquiring an additional 46,230 shares during the period. Finally, American Century Companies Inc. raised its stake in shares of Caleres by 10.1% during the fourth quarter. American Century Companies Inc. now owns 1,148,219 shares of the textile maker’s stock valued at $26,593,000 after acquiring an additional 105,392 shares in the last quarter. 98.44% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Caleres news, Director Kyle Gendreau acquired 5,000 shares of the business’s stock in a transaction on Friday, January 17th. The shares were bought at an average price of $19.93 per share, with a total value of $99,650.00. Following the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at $99,650. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. 3.80% of the stock is currently owned by corporate insiders.

Caleres Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Thursday, March 27th will be issued a dividend of $0.07 per share. The ex-dividend date is Thursday, March 27th. This represents a $0.28 annualized dividend and a yield of 1.62%. Caleres’s payout ratio is 9.12%.

About Caleres

Caleres, Inc engages in the retail and wholesale of footwear business in the United States, Canada, East Asia, and internationally. It operates through Famous Footwear and Brand Portfolio segments. The company offers licensed, branded, and private-label athletic, casual, and dress footwear products. The company provides brand name athletic, casual, and dress shoes, including Nike, Skechers, adidas, Vans, Crocs, Converse, Puma, Birkenstock, New Balance, Under Armour, Dr.