Caleres (NYSE:CAL) Releases FY 2026 Earnings Guidance

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

Caleres Trading Down 1.3%

Shares of NYSE CAL opened at $14.19 on Thursday. The firm has a market cap of $478.77 million, a PE ratio of -64.50 and a beta of 0.74. Caleres has a 1-year low of $8.80 and a 1-year high of $16.14. The company has a fifty day moving average price of $12.56 and a 200 day moving average price of $12.31.

Caleres (NYSE:CAL) last released 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 firm had revenue of $695.06 million for the quarter, compared to the consensus estimate of $688.43 million. Caleres had a positive return on equity of 6.49% and a negative net margin of 0.24%.The company’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same quarter last year, the business posted $0.33 EPS. Equities research analysts forecast that Caleres will post 1.57 EPS for the current year.

Caleres Announces Dividend

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

Analyst Ratings Changes

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

Insider Buying and Selling at Caleres

In related news, insider Daniel R. Freidman sold 11,207 shares of Caleres stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $15.00, for a total value of $168,105.00. Following the sale, the insider owned 64,780 shares of the company’s stock, valued at approximately $971,700. The trade was a 14.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Corient Private Wealth LLC acquired a new position in shares of Caleres during the 4th quarter worth approximately $249,000. Empowered Funds LLC boosted its holdings in shares of Caleres by 10.9% in the 4th quarter. Empowered Funds LLC now owns 156,776 shares of the textile maker’s stock valued at $1,908,000 after buying an additional 15,371 shares during the last quarter. Tudor Investment Corp ET AL acquired a new stake in shares of Caleres in the 4th quarter valued at approximately $1,954,000. Millennium Management LLC grew its stake in shares of Caleres by 9.0% in the fourth quarter. Millennium Management LLC now owns 443,872 shares of the textile maker’s stock valued at $5,402,000 after buying an additional 36,582 shares in the last quarter. Finally, Balyasny Asset Management L.P. bought a new position in shares of Caleres in the fourth quarter valued at $2,941,000. 98.44% of the stock is owned by institutional investors and hedge funds.

About Caleres

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.