Caleres (NYSE:CAL) Releases FY 2026 Earnings Guidance

Key Points

• Caleres raised FY2026 EPS guidance to $1.35–$1.65 (versus a consensus of $1.00) and set Q1 2026 EPS guidance of $0.25–$0.30, while it did not provide revenue guidance.
• The stock jumped about 12.1% to $12.27 after the update; the company also recently beat quarterly estimates (reported EPS of -$0.36 vs. -$0.40) with revenue of $695.1M, up 8.7% year‑over‑year.
• Analysts remain cautious with an average rating of "Reduce" and a $14 consensus price target, and the company declared a quarterly dividend of $0.07 (annualized $0.28, ~2.3% yield).

Caleres (NYSE:CAL - Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.350-1.650 for the period, compared to the consensus estimate of 1.000. The company issued revenue guidance of -. Caleres also updated its Q1 2026 guidance to 0.250-0.300 EPS.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on CAL. Weiss Ratings reiterated a "sell (d+)" rating on shares of Caleres in a research report on Wednesday, January 21st. Zacks Research upgraded Caleres from a "strong sell" rating to a "hold" rating in a research report on Thursday, February 26th. Finally, Seaport Research Partners boosted their price target on Caleres from $14.00 to $16.00 and gave the stock a "buy" rating in a research report on Thursday, March 19th. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Reduce" and a consensus price target of $14.00.

Caleres Trading Up 12.1%

NYSE:CAL traded up $1.32 during trading hours on Thursday, hitting $12.27. The company had a trading volume of 522,895 shares, compared to its average volume of 644,012. The company has a 50-day moving average of $11.33 and a 200 day moving average of $12.15. The company has a market cap of $415.24 million, a P/E ratio of -55.77 and a beta of 0.58. Caleres has a 1 year low of $8.80 and a 1 year high of $18.27.

Caleres (NYSE:CAL - Get Free Report) last announced its quarterly earnings results on Thursday, March 19th. The textile maker reported ($0.36) EPS for the quarter, beating the consensus estimate of ($0.40) by $0.04. Caleres had a positive return on equity of 6.49% and a negative net margin of 0.24%.The business had revenue of $695.06 million for the quarter, compared to analyst estimates of $688.43 million. During the same quarter in the prior year, the company posted $0.33 EPS. The company's quarterly revenue was up 8.7% on a year-over-year basis. On average, analysts forecast that Caleres will post 3.23 earnings per share for the current year.

Caleres Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Thursday, March 26th will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Thursday, March 26th. Caleres's dividend payout ratio is -127.27%.

Hedge Funds Weigh In On Caleres

Several hedge funds have recently bought and sold shares of CAL. AQR Capital Management LLC raised its position in Caleres by 143.2% in the 1st quarter. AQR Capital Management LLC now owns 90,546 shares of the textile maker's stock valued at $1,560,000 after purchasing an additional 53,320 shares in the last quarter. Empowered Funds LLC raised its position in Caleres by 4.2% in the 1st quarter. Empowered Funds LLC now owns 162,814 shares of the textile maker's stock valued at $2,805,000 after purchasing an additional 6,502 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Caleres by 4.1% in 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 valued at $1,812,000 after purchasing an additional 4,175 shares in the last quarter. Franklin Resources Inc. raised its position in Caleres by 5.6% in the 2nd quarter. Franklin Resources Inc. now owns 18,902 shares of the textile maker's stock valued at $231,000 after purchasing an additional 1,007 shares in the last quarter. Finally, Rhumbline Advisers raised its position in Caleres by 2.4% in the 2nd quarter. Rhumbline Advisers now owns 99,677 shares of the textile maker's stock valued at $1,218,000 after purchasing an additional 2,352 shares in the last quarter. Institutional investors and hedge funds own 98.44% of the company's stock.

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.

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