What is Seaport Res Ptn's Estimate for Caleres Q1 Earnings?

Caleres, Inc. (NYSE:CAL - Free Report) - Stock analysts at Seaport Res Ptn decreased their Q1 2026 EPS estimates for Caleres in a research report issued to clients and investors on Tuesday, May 27th. Seaport Res Ptn analyst M. Kummetz now expects that the textile maker will earn $0.35 per share for the quarter, down from their previous forecast of $0.37. The consensus estimate for Caleres' current full-year earnings is $3.23 per share. Seaport Res Ptn also issued estimates for Caleres' Q2 2026 earnings at $0.80 EPS and Q3 2026 earnings at $1.18 EPS.

Separately, Loop Capital decreased their target price on shares of Caleres from $16.00 to $14.00 and set a "hold" rating for the company in a research report on Friday.

Caleres Stock Performance

NYSE CAL traded up $0.05 during trading on Wednesday, hitting $13.43. The stock had a trading volume of 1,812,824 shares, compared to its average volume of 797,277. Caleres has a 12 month low of $13.15 and a 12 month high of $44.51. The company's 50-day moving average price is $16.02 and its two-hundred day moving average price is $19.69. The company has a market capitalization of $451.41 million, a PE ratio of 2.99 and a beta of 1.11.

Caleres (NYSE:CAL - Get Free Report) last released its earnings results on Thursday, May 29th. The textile maker reported $0.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.37 by ($0.15). The firm had revenue of $614.22 million for the quarter, compared to the consensus estimate of $622.93 million. Caleres had a return on equity of 22.71% and a net margin of 5.69%. Caleres's revenue for the quarter was down 6.8% on a year-over-year basis. During the same quarter last year, the company posted $0.88 EPS.

Institutional Investors Weigh In On Caleres

A number of large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Caleres by 1.6% during the 4th 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 in the last quarter. Dimensional Fund Advisors LP increased its holdings in Caleres by 8.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,049,895 shares of the textile maker's stock worth $47,475,000 after purchasing an additional 167,326 shares in the last quarter. American Century Companies Inc. increased its stake in shares of Caleres by 6.0% in the 1st quarter. American Century Companies Inc. now owns 1,216,998 shares of the textile maker's stock valued at $20,969,000 after acquiring an additional 68,779 shares in the last quarter. Royce & Associates LP raised its holdings in shares of Caleres by 4.9% during the first quarter. Royce & Associates LP now owns 843,445 shares of the textile maker's stock valued at $14,533,000 after purchasing an additional 39,067 shares during the period. Finally, Invesco Ltd. increased its holdings in shares of Caleres by 5.4% during the first quarter. Invesco Ltd. now owns 811,952 shares of the textile maker's stock valued at $13,990,000 after acquiring an additional 41,434 shares in the last quarter. Institutional investors own 98.44% of the company's stock.

Insider Activity at Caleres

In other news, Director Lori Greeley acquired 9,000 shares of the stock in a transaction dated Thursday, March 27th. The shares were bought at an average cost of $17.77 per share, for a total transaction of $159,930.00. Following the purchase, the director now directly owns 10,000 shares of the company's stock, valued at approximately $177,700. This trade represents a 900.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 4.10% of the company's stock.

Caleres Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Thursday, June 5th will be given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date of this dividend is Thursday, June 5th. Caleres's dividend payout ratio is currently 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.