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S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Senate parliamentarian OKs most of Dems' drug price controls
Dems' climate, energy, tax bill clears initial Senate hurdle
Senate rules referee weakens Dem drug plan in economic bill
Demand for grocery delivery cools as food costs rise
Venezuela, Colombia border areas hopeful as reopening looms
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Senate parliamentarian OKs most of Dems' drug price controls
Dems' climate, energy, tax bill clears initial Senate hurdle
Senate rules referee weakens Dem drug plan in economic bill
Demand for grocery delivery cools as food costs rise
Venezuela, Colombia border areas hopeful as reopening looms
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Senate parliamentarian OKs most of Dems' drug price controls
Dems' climate, energy, tax bill clears initial Senate hurdle
Senate rules referee weakens Dem drug plan in economic bill
Demand for grocery delivery cools as food costs rise
Venezuela, Colombia border areas hopeful as reopening looms
NYSE:CAL

Caleres (CAL) Stock Forecast, Price & News

$26.31
-0.05 (-0.19%)
(As of 08/5/2022 12:00 AM ET)
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Compare
Today's Range
$25.89
$26.54
50-Day Range
$23.94
$29.63
52-Week Range
$17.82
$29.94
Volume
361,249 shs
Average Volume
583,554 shs
Market Capitalization
$966.63 million
P/E Ratio
5.59
Dividend Yield
1.06%
Price Target
$36.00

Caleres MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
36.8% Upside
$36.00 Price Target
Short Interest
Bearish
7.88% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.53
Upright™ Environmental Score
News Sentiment
0.25mentions of Caleres in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$2.42 M Sold Last Quarter
Proj. Earnings Growth
7.41%
From $4.32 to $4.64 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.56 out of 5 stars

Consumer Discretionary Sector

85th out of 365 stocks

Footwear, Except Rubber Industry

4th out of 6 stocks

Caleres logo

About Caleres (NYSE:CAL) Stock

Caleres, Inc. engages in the retail and wholesale of footwear in the United States, Canada, China, and Guam. It operates through Famous Footwear and Brand Portfolio segments. The company offers licensed, branded, and private-label athletic, casual, and dress 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, Crocs, Puma, Birkenstock, New Balance, Asics, New Balance, Under Armour, Bearpaw, Timberland, Sperry, and Dr. Martens, as well as company-owned and licensed brands, such as Dr. Scholl's Shoes, Blowfish Malibu, LifeStride, Naturalizer, Zodiac, Circus by Sam Edelman, Franco Sarto, and Ryka. The company also operates naturalizer.com, naturalizer.ca, vionicshoes.com, samedelman.com, allenedmonds.com, drschollsshoes.com, lifestride.com, francosarto.com, ryka.com, bzees.com, and zodiacshoes.com, as well as Vince.com, blowfishshoes.com, and veronicabeard.com websites. In addition, it designs, sources, manufactures, 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; footwear for women under LifeStride brand; Italian footwear Franco Sarto brand; athletic footwear for women under the Rykä brand; women's shoe collection under the Vince brand; and women's footwear under the Bzees brand; other footwear under Zodiac brand; and women's footwear collection under Veronica Beard brand, as well as Via Spiga brand. It operates approximately 980 retail stores. The company was formerly known as Brown Shoe Company, Inc. Caleres, Inc. was founded in 1878 and is headquartered in St. Louis, Missouri.

Caleres Stock Performance

NYSE:CAL traded down $0.05 during mid-day trading on Friday, hitting $26.31. 361,249 shares of the company's stock traded hands, compared to its average volume of 583,554. The company has a market cap of $966.63 million, a PE ratio of 5.59 and a beta of 1.88. The firm's 50 day simple moving average is $27.00 and its 200 day simple moving average is $23.80. Caleres has a 1 year low of $17.82 and a 1 year high of $29.94.

Caleres (NYSE:CAL - Get Rating) last announced its quarterly earnings results on Tuesday, May 24th. The textile maker reported $1.32 earnings per share for the quarter, beating analysts' consensus estimates of $0.82 by $0.50. The firm had revenue of $735.12 million for the quarter, compared to analysts' expectations of $677.28 million. Caleres had a net margin of 6.31% and a return on equity of 62.60%. Caleres's revenue was up 15.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.60 earnings per share. On average, research analysts expect that Caleres will post 4.32 earnings per share for the current fiscal year.

Caleres Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 29th. Stockholders of record on Friday, June 10th were issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date of this dividend was Thursday, June 9th. Caleres's dividend payout ratio (DPR) is 5.94%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Telsey Advisory Group upped their price objective on Caleres to $32.00 in a research report on Wednesday, May 25th. StockNews.com lowered shares of Caleres from a "strong-buy" rating to a "buy" rating in a research note on Thursday, July 7th. Seaport Res Ptn restated a "buy" rating on shares of Caleres in a research report on Friday, June 24th. Finally, TheStreet upgraded shares of Caleres from a "c+" rating to a "b-" rating in a report on Tuesday, May 24th.

Insider Buying and Selling

In other news, CEO Diane M. Sullivan sold 35,915 shares of the company's stock in a transaction that occurred on Tuesday, May 17th. The shares were sold at an average price of $25.18, for a total value of $904,339.70. Following the completion of the sale, the chief executive officer now directly owns 621,446 shares of the company's stock, valued at approximately $15,648,010.28. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, CEO Diane M. Sullivan sold 35,915 shares of the firm's stock in a transaction dated Tuesday, May 17th. The stock was sold at an average price of $25.18, for a total transaction of $904,339.70. Following the completion of the transaction, the chief executive officer now owns 621,446 shares of the company's stock, valued at $15,648,010.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Carla C. Hendra sold 13,208 shares of the business's stock in a transaction dated Friday, June 3rd. The stock was sold at an average price of $28.16, for a total transaction of $371,937.28. The disclosure for this sale can be found here. Insiders sold 91,038 shares of company stock valued at $2,415,339 over the last 90 days. 4.90% of the stock is currently owned by company insiders.

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CAL Stock News Headlines

Step Into Caleres Now, Walk Off Wealthier Later - RealMoney
Form 8-K CALERES INC For: Jul 20 - StreetInsider.com
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CAL Company Calendar

Last Earnings
5/24/2022
Ex-Dividend for 6/29 Dividend
6/09/2022
Dividend Payable
6/29/2022
Today
8/07/2022
Next Earnings (Confirmed)
8/23/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Footwear, except rubber
Sub-Industry
Apparel Retail
CUSIP
11573610
Employees
9,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$36.00
High Stock Price Forecast
$40.00
Low Stock Price Forecast
$32.00
Forecasted Upside/Downside
+36.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$137.02 million
Pretax Margin
8.58%

Debt

Sales & Book Value

Annual Sales
$2.78 billion
Cash Flow
$5.81 per share
Book Value
$8.59 per share

Miscellaneous

Free Float
34,938,000
Market Cap
$966.63 million
Optionable
Optionable
Beta
1.88

Key Executives














CAL Stock - Frequently Asked Questions

Should I buy or sell Caleres stock right now?

2 Wall Street equities 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 equities research analysts is that investors should "buy" Caleres stock.
View analyst ratings for Caleres
or view top-rated stocks.

What is Caleres' stock price forecast for 2022?

2 analysts have issued 1-year target prices for Caleres' stock. Their CAL stock forecasts range from $32.00 to $40.00. On average, they anticipate Caleres' share price to reach $36.00 in the next twelve months. This suggests a possible upside of 36.8% from the stock's current price.
View analysts' price targets for Caleres
or view top-rated stocks among Wall Street analysts.

How has Caleres' stock price performed in 2022?

Caleres' stock was trading at $22.68 at the start of the year. Since then, CAL shares have increased by 16.0% and is now trading at $26.31.
View the best growth stocks for 2022 here
.

When is Caleres' next earnings date?

Caleres is scheduled to release its next quarterly earnings announcement on Tuesday, August 23rd 2022.
View our earnings forecast for Caleres
.

How can I listen to Caleres' earnings call?

Caleres will be holding an earnings conference call on Tuesday, August 23rd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13732134".

How were Caleres' earnings last quarter?

Caleres, Inc. (NYSE:CAL) issued its earnings results on Tuesday, May, 24th. The textile maker reported $1.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.82 by $0.50. The textile maker earned $735.12 million during the quarter, compared to analysts' expectations of $677.28 million. Caleres had a trailing twelve-month return on equity of 62.60% and a net margin of 6.31%. The firm's revenue for the quarter was up 15.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.60 EPS.

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

Caleres declared a quarterly dividend on Thursday, May 26th. Investors of record on Friday, June 10th will be given a dividend of $0.07 per share on Wednesday, June 29th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date of this dividend is Thursday, June 9th.
View Caleres' dividend history
.

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 1.06%. The dividend payout ratio of Caleres is 5.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Caleres will have a dividend payout ratio of 6.03% next year. This indicates that Caleres will be able to sustain or increase its dividend.
View Caleres' dividend history.

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

Caleres updated its FY 2022 earnings guidance on Tuesday, June, 21st. The company provided EPS guidance of $4.20-$4.40 for the period, compared to the consensus estimate of $3.92. The company issued revenue guidance of $2.83 billion-$2.92 billion, compared to the consensus revenue estimate of $2.88 billion.

What is Diane M. Sullivan's approval rating as Caleres' CEO?

154 employees have rated Caleres CEO Diane M. Sullivan on Glassdoor.com. Diane M. Sullivan has an approval rating of 45% among Caleres' 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 many different retail and institutional investors. Top institutional investors include Paradigm Capital Management Inc. NY (2.88%), Royce & Associates LP (1.39%), Cambria Investment Management L.P. (0.53%), Monarch Partners Asset Management LLC (0.33%), Russell Investments Group Ltd. (0.23%) and New York State Teachers Retirement System (0.19%). Company insiders that own Caleres stock include Carla C Hendra, Daniel R Freidman, Diane M Sullivan, Diane M Sullivan, Douglas Koch, Ken Hannah, Patricia G Mcginnis, Steven W Korn, Todd E Hasty and Willis Hill.
View institutional ownership trends 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 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 $26.31.

How much money does Caleres make?

Caleres (NYSE:CAL) has a market capitalization of $966.63 million and generates $2.78 billion in revenue each year. The textile maker earns $137.02 million in net income (profit) each year or $4.71 on an earnings per share basis.

How many employees does Caleres have?

Caleres 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 Caleres 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 8/7/2022 by MarketBeat.com Staff

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