Caleres (CAL) to Release Earnings on Thursday

Caleres (NYSE:CAL - Get Free Report) is anticipated to post its Q1 2026 quarterly earnings results before the market opens on Thursday, May 29th. Analysts expect the company to announce earnings of $0.38 per share and revenue of $622.93 million for the quarter. Caleres has set its Q1 2025 guidance at 0.350-0.400 EPS and its FY 2025 guidance at 2.800-3.200 EPS.

Caleres (NYSE:CAL - Get Free Report) last announced its quarterly earnings results on Thursday, March 20th. The textile maker reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.06. The company had revenue of $639.20 million for the quarter, compared to analyst estimates of $645.79 million. Caleres had a net margin of 5.69% and a return on equity of 22.71%. The firm's revenue was down 8.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.86 EPS. On average, analysts expect Caleres to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Caleres Stock Performance

Shares of NYSE:CAL traded up $0.57 during midday trading on Tuesday, hitting $16.53. 1,443,301 shares of the stock were exchanged, compared to its average volume of 768,482. The business's 50-day moving average price is $16.19 and its 200 day moving average price is $19.96. The stock has a market capitalization of $555.61 million, a price-to-earnings ratio of 3.68 and a beta of 1.11. Caleres has a 12 month low of $14.25 and a 12 month high of $44.51.

Caleres Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Thursday, June 5th will be issued a $0.07 dividend. The ex-dividend date is Thursday, June 5th. This represents a $0.28 annualized dividend and a yield of 1.69%. Caleres's payout ratio is 9.12%.

Insider Activity at Caleres

In related news, Director Lori Greeley bought 9,000 shares of the company's stock in a transaction on Thursday, March 27th. The shares were purchased at an average cost of $17.77 per share, for a total transaction of $159,930.00. Following the completion of the purchase, the director now directly owns 10,000 shares in the company, valued at $177,700. The trade was a 900.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 4.10% of the stock is owned by insiders.

Institutional Investors Weigh In On Caleres

A number of institutional investors and hedge funds have recently modified their holdings of the company. AQR Capital Management LLC grew its stake in Caleres by 143.2% in the 1st quarter. AQR Capital Management LLC now owns 90,546 shares of the textile maker's stock worth $1,560,000 after buying an additional 53,320 shares in the last quarter. Empowered Funds LLC lifted its holdings in shares of Caleres by 4.2% during the 1st quarter. Empowered Funds LLC now owns 162,814 shares of the textile maker's stock worth $2,805,000 after acquiring an additional 6,502 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Caleres by 4.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 105,137 shares of the textile maker's stock worth $1,812,000 after acquiring an additional 4,175 shares during the last quarter. 98.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Loop Capital decreased their price target on shares of Caleres from $17.00 to $16.00 and set a "hold" rating for the company in a research note on Friday, April 4th.

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.