NYSE:CAL - Caleres Stock Price, News, & Analysis

Caleres trades on the New York Stock Exchange (NYSE) under the ticker symbol "CAL."

Caleres announced a quarterly dividend on Thursday, March 14th. Investors of record on Tuesday, March 26th will be paid a dividend of $0.07 per share on Tuesday, April 9th. This represents a $0.28 annualized dividend and a dividend yield of 1.22%. The ex-dividend date is Monday, March 25th. View Caleres' Dividend History.

Caleres announced that its board has approved a stock repurchase program on Friday, December 14th 2018, which allows the company to repurchase 2,500,000 shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.

Caleres Inc (NYSE:CAL) issued its quarterly earnings data on Thursday, March, 21st. The textile maker reported $0.38 earnings per share for the quarter, missing analysts' consensus estimates of $0.45 by $0.07. The textile maker earned $720.26 million during the quarter, compared to analyst estimates of $738.12 million. Caleres had a positive return on equity of 13.26% and a negative net margin of 0.19%. Caleres's quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.48 EPS. View Caleres' Earnings History.

Caleres is scheduled to release their next quarterly earnings announcement on Thursday, May 30th 2019. View Earnings Estimates for Caleres.

Caleres updated its FY20 earnings guidance on Thursday, March, 21st. The company provided earnings per share guidance of $2.45-2.55 for the period, compared to the Thomson Reuters consensus estimate of $2.49. The company issued revenue guidance of $3.00-3.05 billion, compared to the consensus revenue estimate of $3.00 billion.Caleres also updated its FY 2019 guidance to $2.45-2.55 EPS.

4 brokerages have issued twelve-month price targets for Caleres' shares. Their predictions range from $32.00 to $42.00. On average, they anticipate Caleres' stock price to reach $36.00 in the next twelve months. This suggests a possible upside of 56.9% from the stock's current price. View Analyst Price Targets for Caleres.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caleres in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Caleres.

Headlines about CAL stock have been trending somewhat positive this week, according to InfoTrie. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Caleres earned a media sentiment score of 1.9 on InfoTrie's scale. They also assigned news stories about the textile maker a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Some companies that are related to Caleres include Steven Madden (SHOO), Wolverine World Wide (WWW), Rocky Brands (RCKY), Iconix Brand Group (ICON), Phoenix Footwear Group (PXFG) and Exceed (EDSFF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Caleres investors own include TreeHouse Foods (THS), Medallion Financial (MFIN), Michael Kors (KORS), Gilead Sciences (GILD), Micron Technology (MU), NVIDIA (NVDA), Ross Stores (ROST), Pfizer (PFE), Adobe (ADBE) and Advanced Micro Devices (AMD).

Caleres' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.92%), Dimensional Fund Advisors LP (8.53%), Wellington Management Group LLP (5.71%), Macquarie Group Ltd. (3.38%), Victory Capital Management Inc. (3.10%) and Paradigm Capital Management Inc. NY (2.61%). Company insiders that own Caleres stock include Daniel R Freidman, Diane M Sullivan, Douglas Koch and Richard M Ausick. View Institutional Ownership Trends for Caleres.

CAL stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Voya Investment Management LLC, Dalton Greiner Hartman Maher & Co., AQR Capital Management LLC, California Public Employees Retirement System, Victory Capital Management Inc., Rothschild & Co. Asset Management US Inc. and Dimensional Fund Advisors LP. Company insiders that have sold Caleres company stock in the last year include Daniel R Freidman, Diane M Sullivan and Douglas Koch. View Insider Buying and Selling for Caleres.

CAL stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Cooper Creek Partners Management LLC, Wellington Management Group LLP, Royce & Associates LP, State of Wisconsin Investment Board, Kennedy Capital Management Inc., Renaissance Technologies LLC and BlackRock Inc.. View Insider Buying and Selling for Caleres.

Shares of CAL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of CAL stock can currently be purchased for approximately $22.95.

Caleres has a market capitalization of $969.64 million and generates $2.83 billion in revenue each year. The textile maker earns $-5,440,000.00 in net income (profit) each year or $2.21 on an earnings per share basis. Caleres employs 11,500 workers across the globe.

The official website for Caleres is http://www.caleres.com.

Caleres' mailing address is 8300 MARYLAND AVE, ST LOUIS MO, 63166. The textile maker can be reached via phone at 314-854-4000 or via email at [email protected]