NYSE:CAL - Caleres Stock Price, News, & Analysis

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

Caleres declared a quarterly dividend on Thursday, March 14th. Stockholders of record on Tuesday, March 26th will be paid a dividend of $0.07 per share on Tuesday, April 9th. This represents a $0.28 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend is Monday, March 25th. View Caleres' Dividend History.

Caleres announced that its board has approved a share repurchase program on Friday, December 14th 2018, which permits the company to buyback 2,500,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued.

Caleres Inc (NYSE:CAL) released its quarterly earnings results on Thursday, March, 21st. The textile maker reported $0.38 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.45 by $0.07. The textile maker had revenue of $720.26 million for the quarter, compared to analyst estimates of $738.12 million. Caleres had a negative net margin of 0.19% and a positive return on equity of 12.79%. Caleres's quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.48 earnings per share. View Caleres' Earnings History.

Caleres is scheduled to release their next quarterly earnings announcement on Thursday, May 30th 2019. View Earnings Estimates for Caleres.

Caleres updated its FY20 earnings guidance on Thursday, March, 21st. The company provided earnings per share guidance of $2.45-2.55 for the period, compared to the Thomson Reuters consensus estimate of $2.49. The company issued revenue guidance of $3.00-3.05 billion, compared to the consensus revenue estimate of $3.00 billion.Caleres also updated its FY 2019 guidance to $2.45-2.55 EPS.

4 brokerages have issued 1 year price objectives for Caleres' shares. Their forecasts range from $26.00 to $42.00. On average, they anticipate Caleres' share price to reach $36.6667 in the next year. This suggests a possible upside of 56.0% from the stock's current price. View Analyst Price Targets for Caleres.

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

News headlines about CAL stock have trended somewhat positive on Saturday, according to InfoTrie. InfoTrie identifies positive and negative media coverage by analyzing 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 news impact score of 1.0 on InfoTrie's scale. They also gave media coverage about the textile maker a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days.

Some companies that are related to Caleres include Wolverine World Wide (WWW), Steven Madden (SHOO), Rocky Brands (RCKY), Iconix Brand Group (ICON), Phoenix Footwear Group (PXFG) and Exceed (EDSFF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Caleres investors own include Micron Technology (MU), Steelcase (SCS), Michael Kors (KORS), NVIDIA (NVDA), Broadcom (AVGO), Adobe (ADBE), Gilead Sciences (GILD), Pfizer (PFE), FedEx (FDX) and Ford Motor (F).

Caleres' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.55%), Dimensional Fund Advisors LP (8.46%), Macquarie Group Ltd. (3.29%), Victory Capital Management Inc. (3.17%), Principal Financial Group Inc. (2.61%) and Norges Bank (2.35%). Company insiders that own Caleres stock include Daniel R Freidman, Diane M Sullivan, Douglas Koch and Richard M Ausick. View Institutional Ownership Trends for Caleres.

CAL stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Principal Financial Group Inc., Dalton Greiner Hartman Maher & Co., First Trust Advisors LP, Barclays PLC, MetLife Investment Advisors LLC, Barrow Hanley Mewhinney & Strauss LLC and New York State Common Retirement Fund. Company insiders that have sold Caleres company stock in the last year include Daniel R Freidman, Diane M Sullivan, Douglas Koch and Richard M Ausick. View Insider Buying and Selling for Caleres.

CAL stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Royce & Associates LP, Eagle Asset Management Inc., BlackRock Inc., Hodges Capital Management Inc., American Century Companies Inc., Victory Capital Management Inc. and New Amsterdam Partners LLC NY. View Insider Buying and Selling for Caleres.

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, Scottrade, Fidelity and Charles Schwab.

One share of CAL stock can currently be purchased for approximately $23.51.

Caleres has a market capitalization of $1.01 billion and generates $2.83 billion in revenue each year. The textile maker earns $87.20 million in net income (profit) each year or $2.21 on an earnings per share basis. Caleres employs 12,000 workers across the globe.

The official website for Caleres is http://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]