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NYSE:CAL

Caleres (CAL) Stock Price, News & Analysis

$37.44
-0.16 (-0.43%)
(As of 05/28/2024 ET)
Today's Range
$37.28
$38.42
50-Day Range
$34.67
$41.11
52-Week Range
$16.85
$41.94
Volume
377,395 shs
Average Volume
397,902 shs
Market Capitalization
$1.32 billion
P/E Ratio
7.78
Dividend Yield
0.75%
Price Target
$40.00

Caleres MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
6.8% Upside
$40.00 Price Target
Short Interest
Bearish
13.84% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-4.05
Upright™ Environmental Score
News Sentiment
0.59mentions of Caleres in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$4.73 M Sold Last Quarter
Proj. Earnings Growth
11.82%
From $4.40 to $4.92 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.

2.57 out of 5 stars

Consumer Discretionary Sector

185th out of 273 stocks

Footwear, Except Rubber Industry

3rd out of 5 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

Caleres Declares Regular Quarterly Dividend
Caleres, Inc. (CAL)
Caleres (CAL) to Release Earnings on Thursday
Caleres Reports Progress Toward 2025 ESG Goals
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
5/28/2024
Next Earnings (Confirmed)
5/30/2024
Ex-Dividend for 6/20 Dividend
6/05/2024
Dividend Payable
6/20/2024
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
+6.5%
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
$5.71 per share
Book Value
$15.99 per share

Miscellaneous

Free Float
33,838,000
Market Cap
$1.32 billion
Optionable
Optionable
Beta
2.01
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Key Executives

  • Ms. Diane M. SullivanMs. Diane M. Sullivan (Age 68)
    Executive Chairman
    Comp: $7.16M
  • Mr. John W. Schmidt (Age 63)
    President, CEO & Director
    Comp: $3.19M
  • Mr. Jack P. Calandra (Age 56)
    Senior VP & CFO
    Comp: $1.04M
  • Mr. Daniel R. Friedman (Age 63)
    Chief Sourcing Officer
    Comp: $1.45M
  • Mr. Michael R. Edwards (Age 53)
    Division President of Famous Footwear
    Comp: $1.25M
  • Mr. Todd E. Hasty (Age 51)
    Senior VP & Chief Accounting Officer
  • Mr. Willis D. Hill (Age 52)
    Senior VP & Chief Information Officer
  • Logan Bonacorsi
    Vice President of Investor Relations
  • Thomas C. Burke (Age 56)
    Senior VP, General Counsel & Secretary
  • Ms. Liz Dunn
    Senior Vice President of Corporate Development & Strategic Communications

CAL Stock Analysis - Frequently Asked Questions

Should I buy or sell Caleres stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Caleres in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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 brokers have issued twelve-month target prices for Caleres' shares. Their CAL share price targets range from $35.00 to $45.00. On average, they predict the company's share price to reach $40.00 in the next year. This suggests a possible upside of 6.8% 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 beginning of 2024. Since then, CAL shares have increased by 21.8% and is now trading at $37.44.
View the best growth stocks for 2024 here
.

Are investors shorting Caleres?

Caleres saw a increase in short interest in April. As of April 30th, there was short interest totaling 4,810,000 shares, an increase of 6.4% from the April 15th total of 4,520,000 shares. Based on an average daily volume of 434,300 shares, the short-interest ratio is presently 11.1 days. Currently, 14.3% of the shares of the stock are sold short.
View Caleres' Short Interest
.

When is Caleres' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 30th 2024.
View our CAL earnings forecast
.

How can I listen to Caleres' earnings call?

Caleres will be holding an earnings conference call on Thursday, May 30th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13746617".

How were Caleres' earnings last quarter?

Caleres, Inc. (NYSE:CAL) issued its quarterly earnings data on Tuesday, March, 19th. The textile maker reported $0.86 EPS for the quarter, meeting the consensus estimate 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 net margin of 6.10% and a trailing twelve-month return on equity of 29.77%. The company's quarterly revenue was up .1% on a year-over-year basis. During the same period last year, the business posted $0.65 EPS.

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

Caleres declared a quarterly dividend on Thursday, May 23rd. Shareholders of record on Wednesday, June 5th will be given a dividend of $0.07 per share on Thursday, June 20th. This represents a $0.28 annualized dividend and a yield of 0.75%. The ex-dividend date of this dividend is Wednesday, June 5th.
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 0.74%. 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 5.69% 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 (EPS) 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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.99%), Principal Financial Group Inc. (5.19%), Boston Partners (2.21%), Empowered Funds LLC (0.34%), Janney Montgomery Scott LLC (0.21%) and Swiss National Bank (0.20%). 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 5/29/2024 by MarketBeat.com Staff

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