NYSE:CALCaleres Stock Price, Forecast & News

Caleres' stock was trading at $8.51 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CAL shares have decreased by 9.8% and is now trading at $7.68. 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 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Caleres.

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

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.

Caleres Inc (NYSE:CAL) released its earnings results on Thursday, March, 12th. The textile maker reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.14. The textile maker had revenue of $698.95 million for the quarter, compared to analyst estimates of $698.18 million. Caleres had a return on equity of 13.52% and a net margin of 2.15%. The firm's revenue was down 3.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.38 earnings per share. View Caleres' earnings history.

Caleres declared a quarterly dividend on Monday, March 9th. Shareholders of record on Wednesday, March 18th will be given a dividend of $0.07 per share on Thursday, April 2nd. This represents a $0.28 dividend on an annualized basis and a yield of 3.65%. The ex-dividend date of this dividend is Tuesday, March 17th. View Caleres' dividend history.

Caleres declared that its Board of Directors has authorized a stock 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. Shares buyback programs are usually an indication that the company's board of directors believes its stock is undervalued.

Caleres updated 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.

4 equities research analysts have issued 12-month price targets for Caleres' stock. Their forecasts range from $3.50 to $25.00. On average, they expect Caleres' share price to reach $18.13 in the next year. This suggests a possible upside of 136.0% from the stock's current price. View analysts' price targets for Caleres.

Media headlines about CAL stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press 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 positive five, with scores closest to five being the most favorable. Caleres earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned press coverage about the textile maker a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an impact on the stock's share price in the next few days. View the latest news aboutCaleres.

Caleres saw a increase in short interest in 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. Approximately 8.7% of the shares of the company are short sold. View Caleres' Current Options Chain.

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), Abercrombie & Fitch (ANF), Buckle (BKE), Guess? (GES), Zumiez (ZUMZ), Childrens Place (PLCE), Designer Brands (DBI), Shoe Carnival (SCVL), Genesco (GCO) and Cato (CATO). 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."

Caleres' stock is owned by a variety of retail and institutional 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.

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.

CAL stock was bought 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.

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 $7.68.

Caleres has a market capitalization of $308.99 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]