NYSE:CALCaleres Stock Price, Forecast & News

Caleres' stock was trading at $8.51 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CAL shares have decreased by 5.2% and is now trading at $8.07. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caleres in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Caleres.

Caleres is scheduled to release its next quarterly earnings announcement on Monday, August 24th 2020. View our earnings forecast for Caleres.

Caleres Inc (NYSE:CAL) issued its quarterly earnings results on Thursday, June, 4th. The textile maker reported ($1.30) earnings per share for the quarter, missing analysts' consensus estimates of ($0.86) by $0.44. The textile maker earned $397.18 million during the quarter, compared to analysts' expectations of $426.91 million. Caleres had a positive return on equity of 3.78% and a negative net margin of 11.06%. The company's revenue was down 41.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.36 EPS. View Caleres' earnings history.

Caleres declared a quarterly dividend on Thursday, May 28th. Shareholders of record on Friday, June 12th will be given a dividend of $0.07 per share on Wednesday, July 1st. This represents a $0.28 dividend on an annualized basis and a yield of 3.47%. The ex-dividend date is Thursday, June 11th. View Caleres' dividend history.

Caleres declared that its board has authorized a stock buyback plan on Friday, December 14th 2018, which authorizes the company to buyback 2,500,000 shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its shares are undervalued.

4 Wall Street analysts have issued 1 year price objectives for Caleres' stock. Their forecasts range from $7.00 to $24.00. On average, they expect Caleres' share price to reach $17.75 in the next twelve months. This suggests a possible upside of 120.0% from the stock's current price. View analysts' price targets for Caleres.

News headlines about CAL stock have been trending negative recently, InfoTrie reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Caleres earned a daily sentiment score of -2.8 on InfoTrie's scale. They also gave press coverage about the textile maker a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an effect on the company's share price in the near future. View the latest news about Caleres.

Caleres saw a decline in short interest during the month of June. As of June 15th, there was short interest totaling 3,220,000 shares, a decline of 9.8% from the May 31st total of 3,570,000 shares. Based on an average daily trading volume, of 1,280,000 shares, the short-interest ratio is presently 2.5 days. Currently, 8.4% of the shares of the company are sold short. View Caleres' Current Options Chain.

Some companies that are related to Caleres include TJX Companies (TJX), Ross Stores (ROST), GAP (GPS), Foot Locker (FL), American Eagle Outfitters (AEO), Urban Outfitters (URBN), Buckle (BKE), Zumiez (ZUMZ), Abercrombie & Fitch (ANF), Guess? (GES), Childrens Place (PLCE), Designer Brands (DBI), Shoe Carnival (SCVL), Genesco (GCO) and Citi Trends (CTRN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Caleres investors own include TreeHouse Foods (THS), Exxon Mobil (XOM), Delta Air Lines (DAL), Intel (INTC), Gilead Sciences (GILD), Pfizer (PFE), Royal Caribbean Cruises (RCL), Skechers USA (SKX), United Continental (UAL) and Broadcom (AVGO).

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

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, Robinhood, Fidelity, and Charles Schwab.

One share of CAL stock can currently be purchased for approximately $8.07.

Caleres has a market capitalization of $324.66 million and generates $2.92 billion in revenue each year. The textile maker earns $62.82 million in net income (profit) each year or $2.10 on an earnings per share basis. Caleres employs 11,400 workers across the globe.

The official website for Caleres is 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]