NYSE:CAL

Caleres (CAL) Stock Price, News & Analysis

$36.72
-1.00 (-2.65%)
(As of 04/24/2024 ET)
Today's Range
$36.72
$37.71
50-Day Range
$34.67
$41.11
52-Week Range
$16.85
$41.94
Volume
356,417 shs
Average Volume
402,841 shs
Market Capitalization
$1.29 billion
P/E Ratio
7.63
Dividend Yield
0.76%
Price Target
$40.00

Caleres MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
8.9% Upside
$40.00 Price Target
Short Interest
Bearish
13.78% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-4.05
Upright™ Environmental Score
News Sentiment
0.54mentions of Caleres in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$3.15 M Sold Last Quarter
Proj. Earnings Growth
14.19%
From $4.37 to $4.99 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.38 out of 5 stars

Consumer Discretionary Sector

174th out of 270 stocks

Footwear, Except Rubber Industry

4th out of 6 stocks

CAL stock logo

About Caleres Stock (NYSE:CAL)

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. Martens, Asics, Timberland, Bearpaw, Skechers, HeyDude, Franco Sarto, Rykä, Vince, Bzees, Veronica Beard, and Zodiac brands, as well as company-owned and licensed brands, such as LifeStride, Dr. Scholl's Shoes, Blowfish Malibu, and Naturalizer. The company also operates naturalizer.com, naturalizer.ca, vionicshoes.com, samedelman.com, samedelman.co.uk, allenedmonds.com, allenedmonds.ca, drschollsshoes.com, lifestride.com, francosarto.com, ryka.com, bzees.com, and zodiacshoes.com, as well as Vince.com, blowfishshoes.com, and veronicabeard.com websites. In addition, it designs, sources, manufactures, and markets footwear to retail stores, such as online retailers, national chains, department stores, mass merchandisers, and independent retailers. Further, the company wholesales men's footwear, apparel, leather goods, and accessories under the Allen Edmonds brand; footwear for women under LifeStride brand; Italian footwear Franco Sarto brand; athletic footwear for women under the Rykä brand; women's shoe collection under the Vince brand; women's footwear under the Bzees brand; and women's footwear collection under Veronica Beard brand. The company was formerly known as Brown Shoe Company, Inc. and changed its name to Caleres, Inc. in May 2015. Caleres, Inc. was founded in 1878 and is headquartered in Saint Louis, Missouri.

CAL Stock Price History

CAL Stock News Headlines

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Caleres Reports Progress Toward 2025 ESG Goals
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Caleres, Inc. (CAL) Q4 2023 Earnings Call Transcript
Q4 2023 Caleres Inc Earnings Call
Caleres Inc.: Fiscal Q4 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
3/19/2024
Ex-Dividend for 4/12 Dividend
3/27/2024
Dividend Payable
4/12/2024
Today
4/24/2024
Next Earnings (Estimated)
6/06/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Footwear, except rubber
Sub-Industry
Apparel Retail
CUSIP
11573610
Employees
9,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$40.00
High Stock Price Target
$45.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+8.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$171.39 million
Pretax Margin
6.44%

Debt

Sales & Book Value

Annual Sales
$2.82 billion
Cash Flow
$5.86 per share
Book Value
$15.99 per share

Miscellaneous

Free Float
33,814,000
Market Cap
$1.29 billion
Optionable
Optionable
Beta
1.99
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Key Executives


CAL Stock Analysis - Frequently Asked Questions

Should I buy or sell Caleres stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caleres in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CAL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CAL, but not buy additional shares or sell existing shares.
View CAL analyst ratings
or view top-rated stocks.

What is Caleres' stock price target for 2024?

3 equities research analysts have issued 12-month price targets for Caleres' stock. Their CAL share price targets range from $35.00 to $45.00. On average, they expect the company's stock price to reach $40.00 in the next year. This suggests a possible upside of 8.9% from the stock's current price.
View analysts price targets for CAL
or view top-rated stocks among Wall Street analysts.

How have CAL shares performed in 2024?

Caleres' stock was trading at $30.73 at the start of the year. Since then, CAL shares have increased by 19.5% and is now trading at $36.72.
View the best growth stocks for 2024 here
.

Are investors shorting Caleres?

Caleres saw a increase in short interest in March. As of March 15th, there was short interest totaling 4,620,000 shares, an increase of 9.5% from the February 29th total of 4,220,000 shares. Based on an average trading volume of 382,500 shares, the short-interest ratio is currently 12.1 days. Currently, 13.6% of the company's stock are short sold.
View Caleres' Short Interest
.

When is Caleres' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 6th 2024.
View our CAL earnings forecast
.

How were Caleres' earnings last quarter?

Caleres, Inc. (NYSE:CAL) posted its earnings results on Tuesday, March, 19th. The textile maker reported $0.86 EPS for the quarter, meeting analysts' consensus estimates of $0.86. The textile maker had revenue of $697.10 million for the quarter, compared to the consensus estimate of $694.32 million. Caleres had a trailing twelve-month return on equity of 29.77% and a net margin of 6.10%. Caleres's quarterly revenue was up .1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.65 earnings per share.

How often does Caleres pay dividends? What is the dividend yield for Caleres?

Caleres announced a quarterly dividend on Thursday, March 14th. Shareholders of record on Thursday, March 28th will be paid a dividend of $0.07 per share on Friday, April 12th. This represents a $0.28 annualized dividend and a yield of 0.76%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for CAL
.

Is Caleres a good dividend stock?

Caleres (NYSE:CAL) pays an annual dividend of $0.28 per share and currently has a dividend yield of 0.78%. The dividend payout ratio is 5.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CAL will have a dividend payout ratio of 5.61% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CAL.

What guidance has Caleres issued on next quarter's earnings?

Caleres updated its first quarter 2024 earnings guidance on Tuesday, March, 19th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $662.7 million-$669.4 million, compared to the consensus revenue estimate of $682.4 million.

What is Diane M. Sullivan's approval rating as Caleres' CEO?

154 employees have rated Caleres Chief Executive Officer Diane M. Sullivan on Glassdoor.com. Diane M. Sullivan has an approval rating of 45% among the company's employees. This puts Diane M. Sullivan in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Caleres own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Caleres investors own include Pfizer (PFE), Advanced Micro Devices (AMD), Capri (CPRI), Gilead Sciences (GILD), Intel (INTC), TreeHouse Foods (THS), Chevron (CVX), Macy's (M), Exxon Mobil (XOM) and AbbVie (ABBV).

Who are Caleres' major shareholders?

Caleres' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Fruth Investment Management (0.04%). Insiders that own company stock include Carla C Hendra, Daniel R Freidman, Diane M Sullivan, Diane M Sullivan, Douglas Koch, John W Schmidt, Ken Hannah, Mark A Schmitt, Todd E Hasty and Willis Hill.
View institutional ownership trends
.

How do I buy shares of Caleres?

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

This page (NYSE:CAL) was last updated on 4/24/2024 by MarketBeat.com Staff

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