NYSE:CAL Caleres - CAL Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Caleres, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $21.55 +0.43 (+2.04%) (As of 03/28/2023 02:51 PM ET) Add Compare Share Share Today's Range$21.27▼$21.9850-Day Range$20.98▼$27.1452-Week Range$18.98▼$31.13Volume197,507 shsAverage Volume695,157 shsMarket Capitalization$767.61 millionP/E Ratio4.39Dividend Yield1.30%Price Target$34.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Caleres MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside57.8% Upside$34.00 Price TargetShort InterestBearish9.45% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.49Upright™ Environmental ScoreNews Sentiment0.80Based on 4 Articles This WeekInsider TradingSelling Shares$659,476 Sold Last QuarterProj. Earnings Growth10.05%From $4.18 to $4.60 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.67 out of 5 starsConsumer Discretionary Sector45th out of 264 stocksFootwear, Except Rubber Industry2nd out of 5 stocks 3.5 Analyst's Opinion Consensus RatingCaleres has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $34.00, Caleres has a forecasted upside of 57.8% from its current price of $21.55.Amount of Analyst CoverageCaleres has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.45% of the float of Caleres has been sold short.Short Interest Ratio / Days to CoverCaleres has a short interest ratio ("days to cover") of 4.5.Change versus previous monthShort interest in Caleres has recently increased by 1.93%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldCaleres pays a meaningful dividend of 1.32%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCaleres does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Caleres is 5.70%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Caleres will have a dividend payout ratio of 6.09% next year. This indicates that Caleres will be able to sustain or increase its dividend. Previous Next 2.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCaleres has received a 0.20% net impact score from Upright. Caleres seems to create the most significant positive value in categories "Jobs", "Taxes", and "Physical diseases". The positive contribution in the "Physical diseases" impact category is mostly driven by its "Physical retail of footwear at a shoestore", "Wholesale of footwear", and "Online retail of sandals" products. See details.Environmental SustainabilityThe Environmental Impact score for Caleres is -2.49. Previous Next 3.2 News and Social Media Coverage News SentimentCaleres has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Caleres this week, compared to 5 articles on an average week.Search Interest27 people have searched for CAL on MarketBeat in the last 30 days. This is an increase of 145% compared to the previous 30 days.MarketBeat Follows3 people have added Caleres to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Caleres insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $659,476.00 in company stock.Percentage Held by InsidersOnly 4.90% of the stock of Caleres is held by insiders.Percentage Held by Institutions87.46% of the stock of Caleres is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Caleres are expected to grow by 10.05% in the coming year, from $4.18 to $4.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Caleres is 4.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Caleres is 4.39, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 13.70.Price to Book Value per Share RatioCaleres has a P/B Ratio of 1.80. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Caleres (NYSE:CAL) StockCaleres, Inc. engages in the retail and wholesale of footwear. It operates through the following segments: Famous Footwear, Brand Portfolio, and Other. The Famous Footwear segment provides brand-name athletic, casual, and dress shoes for the entire family. The Brand Portfolio segment offers retailers and consumers a portfolio of brands by designing, developing, sourcing, manufacturing, and marketing branded footwear for women and men. The Other segment covers corporate assets, administrative expenses, other costs, and recoveries that are not allocated to the operating units. The company was founded by George Warren Brown in 1878 and is headquartered in St. Louis, MO.Read More Receive CAL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Caleres and its competitors with MarketBeat's FREE daily newsletter. Email Address CAL Stock News HeadlinesMarch 27, 2023 | marketwatch.comSandals Market 2023 Size and Forecast to 2030March 27, 2023 | marketwatch.comLeather Footwear Market 2023 Size and Forecast to 2030March 28, 2023 | Investing Daily (Ad)A 100% Win Rate In 2022…The next 10 minutes could change your life. We've recorded a special sit-down interview with a reclusive millionaire who details how he's closed out winning trade after winning trade throughout the volatility of 2022. In fact, he hasn't closed a single losing trade since 2016. Sounds impossible? It's not - and he'll prove it to you. March 24, 2023 | finance.yahoo.comReturns On Capital Are A Standout For Caleres (NYSE:CAL)March 21, 2023 | americanbankingnews.comCaleres, Inc. (NYSE:CAL) to Issue $0.07 Quarterly DividendMarch 20, 2023 | finance.yahoo.comBridal Legend Pnina Tornai’s First Shoe Collaboration with Category Leader Naturalizer DropsMarch 19, 2023 | americanbankingnews.comQ3 2024 Earnings Estimate for Caleres, Inc. (NYSE:CAL) Issued By Seaport Res PtnMarch 18, 2023 | americanbankingnews.comCaleres (NYSE:CAL) Downgraded by StockNews.comMarch 28, 2023 | Investing Daily (Ad)A 100% Win Rate In 2022…The next 10 minutes could change your life. We've recorded a special sit-down interview with a reclusive millionaire who details how he's closed out winning trade after winning trade throughout the volatility of 2022. In fact, he hasn't closed a single losing trade since 2016. Sounds impossible? It's not - and he'll prove it to you. March 18, 2023 | americanbankingnews.comCaleres, Inc. (NYSE:CAL) to Post Q1 2024 Earnings of $0.92 Per Share, Seaport Res Ptn ForecastsMarch 17, 2023 | finance.yahoo.comCaleres, Inc. (NYSE:CAL) Q4 2022 Earnings Call TranscriptMarch 15, 2023 | finance.yahoo.comQ4 2022 Caleres Inc Earnings CallMarch 14, 2023 | finance.yahoo.comCaleres Inc. (CAL) Surpasses Q4 Earnings EstimatesMarch 14, 2023 | finance.yahoo.comCaleres Reports Fourth Quarter and Full Year 2022 ResultsMarch 13, 2023 | msn.comCaleres's Earnings: A PreviewMarch 12, 2023 | msn.comCaleres (CAL) Declares $0.07 DividendMarch 10, 2023 | finance.yahoo.comAre Investors Undervaluing Caleres, Inc. (NYSE:CAL) By 30%?March 7, 2023 | finance.yahoo.comDr. Scholl’s Shoes and RE/DONE Launch Capsule CollectionMarch 2, 2023 | finance.yahoo.comArt Meets Craft: Allen Edmonds Collaborates with Raleigh Denim Workshop for Drop 02 of its Legend SeriesFebruary 20, 2023 | marketwatch.comCasual Sandals Market 2023 : Incredible Possibilities, Growth Analysis and Forecast To 2028February 20, 2023 | marketwatch.comWalking Shoes Market Business Statistics and Research Methodology By Top Key PlayersFebruary 15, 2023 | finance.yahoo.comCaleres Expects Record Annual Sales and Adjusted Earnings Per Share for Fiscal Year 2022February 13, 2023 | marketwatch.com2023, Women's Shoes Market to Experience a Significant Increase in Revenues by 2027February 13, 2023 | marketwatch.comBovine Leather Goods Market Growth, Trends and Industry Forecast 2023-2028 with Top Countries DataFebruary 5, 2023 | finance.yahoo.comIs Now The Time To Put Caleres (NYSE:CAL) On Your Watchlist?January 19, 2023 | finance.yahoo.comWhy Caleres, Inc. (NYSE:CAL) Could Be Worth WatchingJanuary 9, 2023 | finance.yahoo.comCaleres Reiterates Fiscal Year 2022 OutlookSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CAL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Caleres and its competitors with MarketBeat's FREE daily newsletter. Email Address CAL Company Calendar Ex-Dividend for 1/6 Dividend12/21/2022Dividend Payable1/06/2023Last Earnings3/14/2023Ex-Dividend for 4/6 Dividend3/22/2023Today3/28/2023Dividend Payable4/06/2023Next Earnings (Estimated)5/23/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Footwear, except rubber Sub-IndustryApparel Retail SectorConsumer Discretionary Current SymbolNYSE:CAL Previous SymbolNYSE:BWS CUSIP11573610 CIK14707 Webwww.caleres.com Phone(314) 854-4000Fax314-854-4274Employees9,200Year FoundedN/APrice Target and Rating Average Stock Price Forecast$34.00 High Stock Price Forecast$35.00 Low Stock Price Forecast$32.00 Forecasted Upside/Downside+56.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$4.91 Trailing P/E Ratio4.43 Forward P/E Ratio5.20 P/E GrowthN/ANet Income$181.74 million Net Margins6.12% Pretax Margin7.18% Return on Equity42.45% Return on Assets8.64% Debt Debt-to-Equity RatioN/A Current Ratio0.91 Quick Ratio0.28 Sales & Book Value Annual Sales$2.97 billion Price / Sales0.26 Cash Flow$3.61 per share Price / Cash Flow6.02 Book Value$11.96 per share Price / Book1.82Miscellaneous Outstanding Shares35,620,000Free Float33,871,000Market Cap$774.38 million OptionableOptionable Beta1.75 Key ExecutivesJohn W. SchmidtChief Executive OfficerJack P. CalandraChief Financial Officer & Senior Vice PresidentWillis D. HillChief Information Officer & Senior Vice PresidentMark A. SchmittChief Logistics Officer & Senior Vice PresidentThomas C. BurkeSecretary, Senior VP & General CounselKey CompetitorsWolverine World WideNYSE:WWWSteven MaddenNASDAQ:SHOOGray TelevisionNYSE:GTN.AGoProNASDAQ:GPROE.W. ScrippsNASDAQ:SSPView All CompetitorsInsiders & InstitutionsParallax Volatility Advisers L.P.Sold 50,000 shares on 2/27/2023Ownership: 0.000%Northwestern Mutual Wealth Management Co.Bought 1,275 shares on 2/21/2023Ownership: 0.071%Truist Financial CorpSold 4,764 shares on 2/17/2023Ownership: 0.080%Moneta Group Investment Advisors LLCBought 2,463 shares on 2/16/2023Ownership: 0.090%State of WyomingSold 1,300 shares on 2/16/2023Ownership: 0.013%View All Insider TransactionsView All Institutional Transactions CAL Stock - Frequently Asked Questions Should I buy or sell Caleres stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Caleres in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CAL shares. View CAL analyst ratings or view top-rated stocks. What is Caleres' stock price forecast for 2023? 2 analysts have issued 1-year target prices for Caleres' shares. Their CAL share price forecasts range from $32.00 to $35.00. On average, they anticipate the company's share price to reach $34.00 in the next year. This suggests a possible upside of 61.0% 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 start of the year. Since then, CAL shares have decreased by 5.2% and is now trading at $21.12. View the best growth stocks for 2023 here. Are investors shorting Caleres? Caleres saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 3,110,000 shares, an increase of 12.3% from the February 13th total of 2,770,000 shares. Based on an average daily volume of 671,000 shares, the days-to-cover ratio is presently 4.6 days. Approximately 9.2% of the company's 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, May 23rd 2023. View our CAL earnings forecast. How were Caleres' earnings last quarter? Caleres, Inc. (NYSE:CAL) posted its earnings results on Tuesday, March, 14th. The textile maker reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.01. The textile maker had revenue of $696.40 million for the quarter, compared to the consensus estimate of $691.56 million. Caleres had a net margin of 6.12% and a trailing twelve-month return on equity of 42.45%. The company's quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.91 EPS. How often does Caleres pay dividends? What is the dividend yield for Caleres? Caleres announced a quarterly dividend on Thursday, March 9th. Stockholders of record on Thursday, March 23rd will be given a dividend of $0.07 per share on Thursday, April 6th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date is Wednesday, March 22nd. Read our dividend analysis for CAL. What ETFs hold Caleres' stock? ETFs with the largest weight of Caleres (NYSE:CAL) stock in their portfolio include SPDR S&P Retail ETF (XRT), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Direxion Daily Retail Bull 3X Shares (RETL), Cambria Shareholder Yield ETF (SYLD), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Invesco S&P SmallCap 600 Pure Value ETF (RZV), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC) and iShares US Small Cap Value Factor ETF (SVAL). 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 1.33%. The dividend payout ratio is 5.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CAL will have a dividend payout ratio of 6.09% 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 issued an update on its first quarter 2023 earnings guidance on Tuesday, March, 14th. The company provided EPS guidance of $0.92-$0.97 for the period, compared to the consensus earnings per share estimate of $1.23. The company issued revenue guidance of $691.01 million-$705.71 million, compared to the consensus revenue estimate of $749.28 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). 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 a variety of retail and institutional investors. Top institutional investors include Moneta Group Investment Advisors LLC (90.49%), Principal Financial Group Inc. (7.11%), Dimensional Fund Advisors LP (4.96%), Paradigm Capital Management Inc. NY (2.92%), Neuberger Berman Group LLC (2.43%) and Boston Partners (2.38%). 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 $21.12. How much money does Caleres make? Caleres (NYSE:CAL) has a market capitalization of $752.21 million and generates $2.97 billion in revenue each year. The textile maker earns $181.74 million in net income (profit) each year or $4.91 on an earnings per share basis. How many employees does Caleres have? The company employs 9,200 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 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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