NYSE:CALCaleres Stock Price, Forecast & News

$7.17

-0.51 (-6.64 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$7.07

Now: $7.17▼

$7.69

50-Day Range

$5.10

MA: $6.36▼

$8.48

52-Week Range

$3.12

Now: $7.17▼

$24.86

Volume1.63 million shs

Average Volume1.11 million shs

Market Capitalization$288.45 million

P/E Ratio4.69

Dividend Yield3.65%

Beta2.14

Caleres, Inc. engages in the retail and wholesale of footwear in the United States, Canada, Guam, and Italy. It operates through Famous Footwear and Brand Portfolio segments. The company offers licensed, branded, and private-label casual, dress, and athletic footwear products to women, men, and children. Its retail shoe stores provide brand-name athletic, casual, and dress shoes, including Nike, Skechers, adidas, Vans, Converse, Under Armour, New Balance, Sperry, Asics, Bearpaw, Sof Sole, and Puma, as well as company-owned and licensed brands, such as Dr. Scholl's Shoes, LifeStride, Naturalizer, Fergie Footwear, Blowfish Malibu, Carlos by Carlos Santana, Circus by Sam Edelman, and Vionic. The company also operates Naturalizer.com, Naturalizer.ca, SamEdelman.com, AllenEdmonds.com, DrSchollsShoes.com, LifeStride.com, FrancoSarto.com, Vionicshoes.com, Ryka.com, Bzees.com, and ViaSpiga.com, as well as Vince.com, FergieShoes.com, CarlosShoes.com, Blowfishshoes.com, and DVF.com. In addition, it designs, sources, and markets footwear to retail stores, such as national chains, online retailers, department stores, mass merchandisers, independent retailers, and catalogs. Further, the company wholesales men's apparel, leather goods, and accessories under the Allen Edmonds brand; Italian footwear Franco Sarto brand; women's shoe collection under the Vince brand; athletic footwear for women under the Rykä brand; and women's sporty footwear under the Bzees brand, as well as Via Spiga brand. As of March 21, 2019, it operated approximately 1,200 retail stores. 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 St. Louis, Missouri.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Caleres has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $18.13, Caleres has a potential upside of 152.8% from its current price of $7.17.
Amount of Analyst Coverage
Caleres has only been the subject of 2 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
Caleres has received 367 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Caleres has received 425 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Caleres has received 53.66% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Caleres and other stocks. Vote “Outperform” if you believe CAL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CAL will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Caleres is a leading dividend payer. It pays a dividend yield of 3.65%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Caleres does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Caleres is 13.33 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Caleres will have a dividend payout ratio of 17.50 % next year. This indicates that Caleres will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Caleres insiders have bought more of their company's stock than they have sold. Specifically, they have bought $28,345.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 5.60% of the stock of Caleres is held by insiders.
Percentage Held by Institutions
92.04% of the stock of Caleres is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Caleres are expected to grow in the coming year, from ($1.00) to $1.60 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Caleres is 4.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.98.
Price to Earnings Ratio vs. Sector
The P/E ratio of Caleres is 4.69, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 21.79.
Price to Book Value per Share Ratio
Caleres has a P/B Ratio of 0.45. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

3.08 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Footwear, except rubber

Sub-IndustryApparel Retail

SectorConsumer Discretionary

Current SymbolNYSE:CAL

Previous SymbolNYSE:BWS

CUSIP11573610

CIK14707

Webwww.caleres.com

Phone314-854-4000

Debt

Debt-to-Equity Ratio1.27

Current Ratio1.04

Quick Ratio0.31

Price-To-Earnings

Trailing P/E Ratio4.69

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.92 billion

Price / Sales0.10

Cash Flow$3.79 per share

Price / Cash Flow1.89

Book Value$16.01 per share

Price / Book0.45

Profitability

EPS (Most Recent Fiscal Year)$2.10

Net Income$62.82 million

Net Margins2.15%

Return on Equity13.52%

Return on Assets3.44%

Miscellaneous

Employees11,400

Outstanding Shares40,230,000

Market Cap$288.45 million

Next Earnings Date6/4/2020 (Confirmed)

OptionableOptionable

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Caleres (NYSE:CAL) Frequently Asked Questions

How has Caleres' stock been impacted by COVID-19 (Coronavirus)?

Caleres' stock was trading at $8.51 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CAL stock has decreased by 15.7% and is now trading at $7.17. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Caleres' next earnings date?

Caleres is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for Caleres.

How can I listen to Caleres' earnings call?

Caleres will be holding an earnings conference call on Thursday, June 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Caleres' earnings last quarter?

Caleres Inc (NYSE:CAL) announced its earnings results on Thursday, March, 12th. The textile maker reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.14. The textile maker earned $698.95 million during the quarter, compared to analysts' expectations of $698.18 million. Caleres had a net margin of 2.15% and a return on equity of 13.52%. Caleres's revenue was down 3.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.38 earnings per share. View Caleres' earnings history.

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

Caleres declared a quarterly dividend on Thursday, May 28th. Shareholders of record on Friday, June 12th will be paid a dividend of $0.07 per share on Wednesday, July 1st. This represents a $0.28 annualized dividend and a dividend yield of 3.91%. The ex-dividend date is Thursday, June 11th. View Caleres' dividend history.

How will Caleres' stock buyback program work?

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

What guidance has Caleres issued on next quarter's earnings?

Caleres issued an update on its FY21 earnings guidance on Thursday, March, 12th. The company provided EPS guidance of $1.95-2.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.41. The company issued revenue guidance of approx $2.95 billion, compared to the consensus revenue estimate of $2.98 billion.

What price target have analysts set for CAL?

4 Wall Street analysts have issued twelve-month price objectives for Caleres' stock. Their forecasts range from $3.50 to $25.00. On average, they anticipate Caleres' stock price to reach $18.13 in the next twelve months. This suggests a possible upside of 152.8% from the stock's current price. View analysts' price targets for Caleres.

Has Caleres been receiving favorable news coverage?

News headlines about CAL stock have been trending extremely negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Caleres earned a news sentiment score of -4.0 on InfoTrie's scale. They also assigned media coverage about the textile maker a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near future. View the latest news aboutCaleres.

Are investors shorting Caleres?

Caleres saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,350,000 shares, an increase of 12.4% from the April 30th total of 2,980,000 shares. Based on an average daily volume of 1,080,000 shares, the days-to-cover ratio is currently 3.1 days. Currently, 8.7% of the shares of the company are sold short. View Caleres' Current Options Chain.

Who are some of Caleres' key competitors?

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

What other stocks do shareholders of Caleres own?

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).

Who are Caleres' key executives?

Caleres' management team includes the following people:

Ms. Diane M. Sullivan, Chairman, CEO & Pres (Age 63)
Mr. Kenneth H. Hannah, Sr. VP & CFO (Age 50)
Mr. Daniel R. Friedman, Division Pres of Global Supply Chain (Age 58)
Mr. John W. Schmidt, Division Pres of Brand Portfolio (Age 58)
Ms. Molly P. Adams, Division Pres of Famous Footwear (Age 56)

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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.36%), Wellington Management Group LLP (4.51%), State Street Corp (4.18%), Paradigm Capital Management Inc. NY (3.78%), Morgan Stanley (2.43%) and Morgan Stanley (2.43%). Company insiders that own Caleres stock include Daniel R Freidman, Diane M Sullivan, Douglas Koch, Patricia G Mcginnis and Steven W Korn. View institutional ownership trends for Caleres.

Which institutional investors are selling Caleres stock?

CAL stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Franklin Resources Inc., Squarepoint Ops LLC, Public Sector Pension Investment Board, Bank of New York Mellon Corp, Parametric Portfolio Associates LLC, and BlackRock Inc.. View insider buying and selling activity for Caleres.

Which institutional investors are buying Caleres stock?

CAL stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, State Street Corp, JPMorgan Chase & Co., Maverick Capital Ltd., Maverick Capital Ltd., Dalton Greiner Hartman Maher & Co., and Deutsche Bank AG. Company insiders that have bought Caleres stock in the last two years include Patricia G Mcginnis, and Steven W Korn. View insider buying and selling activity for Caleres.

How do I buy shares of 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, Robinhood, Fidelity, and Charles Schwab.

What is Caleres' stock price today?

One share of CAL stock can currently be purchased for approximately $7.17.

How big of a company is Caleres?

Caleres has a market capitalization of $288.45 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.

What is Caleres' official website?

The official website for Caleres is www.caleres.com.

How can I contact Caleres?

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]

This page was last updated on 5/30/2020 by MarketBeat.com Staff