NYSE:CALCaleres Stock Price, Forecast & News

Caleres' stock was trading at $8.51 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CAL shares have decreased by 20.4% and is now trading at $6.77. 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) EPS for the quarter, missing analysts' consensus estimates of ($0.86) by $0.44. The textile maker had revenue of $397.18 million for the quarter, compared to the consensus estimate of $426.91 million. Caleres had a positive return on equity of 3.78% and a negative net margin of 11.06%. Caleres's revenue for the quarter was down 41.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.36 earnings per share. View Caleres' earnings history.

Caleres announced a quarterly dividend on Thursday, May 28th. Stockholders 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 annualized dividend and a yield of 4.14%. The ex-dividend date is Thursday, June 11th. View Caleres' dividend history.

Caleres announced that its Board of Directors has authorized a stock buyback program 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 purchase shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company's board believes its shares are undervalued.

4 brokers have issued 1-year price targets for Caleres' shares. Their forecasts range from $7.00 to $24.00. On average, they expect Caleres' stock price to reach $17.75 in the next year. This suggests a possible upside of 162.2% from the stock's current price. View analysts' price targets for Caleres.

Media coverage about CAL stock has trended negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by monitoring 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 -2.3 on InfoTrie's scale. They also assigned media coverage about the textile maker a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Caleres.

Caleres saw a decrease in short interest in the month of June. As of June 15th, there was short interest totaling 3,220,000 shares, a decrease 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 company's stock 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), 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 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 many different retail and institutional investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (1.93%), Envestnet Asset Management Inc. (0.07%) and Everence Capital Management Inc. (0.04%). 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 Envestnet Asset Management Inc.. View insider buying and selling activity for Caleres.

CAL stock was acquired by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., and Everence Capital Management Inc.. 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 $6.77.

Caleres has a market capitalization of $272.38 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]