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NYSE:CAL

Caleres (CAL) Stock Forecast, Price & News

$27.93
+0.71 (+2.61%)
(As of 09/28/2023 ET)
Compare
Today's Range
$27.45
$28.24
50-Day Range
$23.88
$29.82
52-Week Range
$16.85
$29.98
Volume
348,066 shs
Average Volume
570,858 shs
Market Capitalization
$992.63 million
P/E Ratio
6.76
Dividend Yield
1.00%
Price Target
$30.00

Caleres MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
7.4% Upside
$30.00 Price Target
Short Interest
Bearish
9.16% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.87
Upright™ Environmental Score
News Sentiment
0.34mentions of Caleres in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$629,936 Sold Last Quarter
Proj. Earnings Growth
6.54%
From $4.13 to $4.40 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.55 out of 5 stars

Consumer Discretionary Sector

254th out of 273 stocks

Footwear, Except Rubber Industry

5th out of 5 stocks


CAL stock logo

About Caleres (NYSE:CAL) Stock

Caleres, Inc. engages in the retail and wholesale of footwear business in the United States, Canada, Eastern 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 provide 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, allenedmonds.com, 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 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; and women's footwear under the Bzees brand; other footwear under Zodiac brand; and women's footwear collection under Veronica Beard brand, as well as Via Spiga brand. The company was formerly known as Brown Shoe Company, Inc. and changed its name to Caleres, Inc. in May 2015. The company was founded in 1878 and is headquartered in St. Louis, Missouri.

CAL Price History

CAL Stock News Headlines

Caleres to Host Investor Day on October 5, 2023
Unlock the treasure on Mount Olympus with this little-known mining stock.
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
Caleres, Inc. (CAL) Interactive Stock Chart - Yahoo Finance
Top 3 Luxury Stock Gainers
Caleres SVP Sold $344K In Company Stock
Unlock the treasure on Mount Olympus with this little-known mining stock.
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
Caleres, Inc. (NYSE:CAL) Q2 2023 Earnings Call Transcript
Caleres Inc. (CAL) Tops Q2 Earnings Estimates
Why Caleres Stock Was Jumping Today
Q2 2023 Caleres Inc Earnings Call
US Footwear Caleres Stock Is Soaring Today - Here's Why?
Caleres Shares Jump After 2Q Earnings Beat
Caleres Q2 2024 Earnings Preview
Caleres Inc
See More Headlines
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CAL Company Calendar

Last Earnings
8/31/2023
Ex-Dividend for 9/29 Dividend
9/07/2023
Today
9/28/2023
Dividend Payable
9/29/2023
Next Earnings (Estimated)
11/28/2023
Fiscal Year End
1/31/2024

Industry, Sector and Symbol

Industry
Footwear, except rubber
Sub-Industry
Apparel Retail
CUSIP
11573610
Employees
9,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$30.00
High Stock Price Forecast
$35.00
Low Stock Price Forecast
$25.00
Forecasted Upside/Downside
+7.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$181.74 million
Pretax Margin
5.90%

Debt

Sales & Book Value

Annual Sales
$2.97 billion
Cash Flow
$6.26 per share
Book Value
$13.27 per share

Miscellaneous

Free Float
33,620,000
Market Cap
$988.37 million
Optionable
Optionable
Beta
1.84
7 Stocks to Buy And Hold Forever Cover

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Key Executives

  • Ms. Diane M. SullivanMs. Diane M. Sullivan (Age 67)
    Exec. Chairman
    Comp: $5.07M
  • Mr. John W. Schmidt (Age 62)
    Pres, CEO & Director
    Comp: $2.02M
  • Mr. Jack P. Calandra (Age 55)
    Sr. VP & CFO
    Comp: $756.69k
  • Mr. Douglas W. KochMr. Douglas W. Koch (Age 71)
    Chief HR Officer
    Comp: $1.09M
  • Mr. Daniel R. Friedman (Age 62)
    Chief Sourcing Officer
    Comp: $1.03M
  • Mr. Michael R. Edwards (Age 52)
    Division Pres of Famous Footwear
    Comp: $1.21M
  • Mr. Todd E. Hasty (Age 50)
    Sr. VP & Chief Accounting Officer
  • Mr. Willis D. Hill (Age 51)
    Sr. VP & Chief Information Officer
  • Logan Bonacorsi
    VP of Investor Relations
  • Thomas C. Burke (Age 55)
    Sr. VP, Gen. Counsel & Sec.













CAL Stock - Frequently Asked Questions

Should I buy or sell Caleres stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caleres in the last year. There are currently 1 hold 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 forecast for 2023?

1 brokers have issued 1 year target prices for Caleres' stock. Their CAL share price forecasts range from $25.00 to $35.00. On average, they expect the company's stock price to reach $30.00 in the next twelve months. This suggests a possible upside of 7.9% 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 2023?

Caleres' stock was trading at $22.28 at the beginning of 2023. Since then, CAL shares have increased by 24.8% and is now trading at $27.81.
View the best growth stocks for 2023 here
.

Are investors shorting Caleres?

Caleres saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,990,000 shares, an increase of 22.5% from the August 15th total of 2,440,000 shares. Based on an average daily volume of 518,500 shares, the days-to-cover ratio is currently 5.8 days. Currently, 8.9% 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 Tuesday, November 28th 2023.
View our CAL earnings forecast
.

How were Caleres' earnings last quarter?

Caleres, Inc. (NYSE:CAL) posted its quarterly earnings results on Thursday, August, 31st. The textile maker reported $0.98 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.88 by $0.10. The textile maker earned $695.50 million during the quarter, compared to analysts' expectations of $704.85 million. Caleres had a net margin of 5.23% and a trailing twelve-month return on equity of 30.93%. The business's revenue was down 5.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.38 EPS.

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

Caleres announced a quarterly dividend on Thursday, August 24th. Stockholders of record on Friday, September 8th will be given a dividend of $0.07 per share on Friday, September 29th. This represents a $0.28 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend is Thursday, September 7th.
Read our dividend analysis for CAL
.

What ETFs hold Caleres' stock?
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 1.04%. The dividend payout ratio is 6.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CAL will have a dividend payout ratio of 6.36% 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 FY 2023 earnings guidance on Friday, September, 1st. The company provided EPS guidance of $4.10-$4.30 for the period, compared to the consensus earnings per share estimate of $4.13. The company issued revenue guidance of $2.82 billion-$2.88 billion, compared to the consensus revenue estimate of $2.85 billion.

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).

What is Caleres' stock symbol?

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

Who are Caleres' major shareholders?

Caleres' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.94%), Principal Financial Group Inc. (7.43%), Dimensional Fund Advisors LP (5.21%), State Street Corp (4.33%), Boston Partners (3.18%) and Paradigm Capital Management Inc. NY (2.75%). Insiders that own company stock include Carla C Hendra, Daniel R Freidman, Diane M Sullivan, Diane M Sullivan, Douglas Koch, Ken Hannah, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Caleres' stock price today?

One share of CAL stock can currently be purchased for approximately $27.81.

How much money does Caleres make?

Caleres (NYSE:CAL) has a market capitalization of $988.37 million and generates $2.97 billion in revenue each year. The textile maker earns $181.74 million in net income (profit) each year or $4.13 on an earnings per share basis.

How many employees does Caleres have?

The company employs 9,300 workers across the globe.

How can I contact Caleres?

Caleres' mailing address is 8300 MARYLAND AVE, ST LOUIS MO, 63166. The official website for the company is www.caleres.com. The textile maker can be reached via phone at (314) 854-4000, via email at ptharp@caleres.com, or via fax at 314-854-4274.

This page (NYSE:CAL) was last updated on 9/28/2023 by MarketBeat.com Staff

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