Caleres (NYSE:CAL) Updates Q3 2026 Earnings Guidance

Key Points

• Caleres lowered its Q3 2026 earnings outlook to $0.62–$0.70 per share, below the consensus estimate of $0.83, and set full-year 2026 EPS guidance at $1.50–$1.65.
• Analyst sentiment remains weak, with recent downgrades and a consensus rating of “Reduce” from MarketBeat-covered analysts.
• Caleres shares opened at $12.06, while the company maintained a quarterly dividend of $0.07 per share, implying a 2.3% annualized yield.

Caleres (NYSE:CAL - Get Free Report) updated its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.620-0.700 for the period, compared to the consensus EPS estimate of 0.830. The company issued revenue guidance of -. Caleres also updated its FY 2026 guidance to 1.500-1.650 EPS.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on CAL shares. KeyCorp reissued a "sector weight" rating on shares of Caleres in a report on Friday, June 5th. Weiss Ratings restated a "sell (d+)" rating on shares of Caleres in a report on Friday, July 31st. Zacks Research lowered shares of Caleres from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 1st. Finally, Wall Street Zen cut shares of Caleres from a "buy" rating to a "hold" rating in a research note on Saturday, August 29th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Caleres presently has a consensus rating of "Reduce".

Caleres Stock Performance

Shares of NYSE CAL opened at $12.06 on Wednesday. The stock has a market cap of $405.10 million, a PE ratio of -1,204.80 and a beta of 0.75. The business has a fifty day moving average of $12.70 and a two-hundred day moving average of $12.44. Caleres has a 52-week low of $8.80 and a 52-week high of $16.14.

Caleres Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be given a dividend of $0.07 per share. The ex-dividend date is Friday, September 11th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.3%. Caleres's dividend payout ratio (DPR) is -2,800.00%.

Institutional Trading of Caleres

Several large investors have recently added to or reduced their stakes in CAL. Global Retirement Partners LLC acquired a new stake in shares of Caleres during the fourth quarter worth approximately $25,000. Osaic Holdings Inc. raised its stake in shares of Caleres by 1,662.8% in the second quarter. Osaic Holdings Inc. now owns 1,992 shares of the textile maker's stock valued at $25,000 after acquiring an additional 1,879 shares during the last quarter. Quadrant Capital Group LLC boosted its holdings in shares of Caleres by 1,032.4% in the 4th quarter. Quadrant Capital Group LLC now owns 2,412 shares of the textile maker's stock worth $29,000 after acquiring an additional 2,199 shares in the last quarter. Nomura Holdings Inc. acquired a new position in shares of Caleres in the 2nd quarter worth approximately $136,000. Finally, Entropy Technologies LP acquired a new position in shares of Caleres in the 3rd quarter worth approximately $150,000. 98.44% of the stock is owned by institutional investors.

Caleres Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.