Caleres Stock Price, News & Analysis (NYSE:CAL)

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

Caleres announced a quarterly dividend on Thursday, August 29th. Stockholders of record on Thursday, September 12th will be given a dividend of $0.07 per share on Tuesday, October 1st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date is Wednesday, September 11th. View Caleres' Dividend History.

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

Caleres Inc (NYSE:CAL) issued its quarterly earnings data on Monday, August, 26th. The textile maker reported $0.62 EPS for the quarter, beating the Zacks' consensus estimate of $0.57 by $0.05. The textile maker earned $752.49 million during the quarter, compared to analyst estimates of $752.23 million. Caleres had a positive return on equity of 13.75% and a negative net margin of 0.41%. Caleres's quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.59 EPS. View Caleres' Earnings History.

Caleres is scheduled to release their next quarterly earnings announcement on Tuesday, November 19th 2019. View Earnings Estimates for Caleres.

5 brokers have issued 1-year price targets for Caleres' stock. Their forecasts range from $20.00 to $38.00. On average, they anticipate Caleres' share price to reach $30.50 in the next year. This suggests a possible upside of 41.5% from the stock's current price. View Analyst Price Targets for Caleres.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caleres in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Caleres.

Headlines about CAL stock have trended negative on Friday, according to InfoTrie. The research firm rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Caleres earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned media stories about the textile maker a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Caleres.

Caleres saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 5,376,900 shares, an increase of 12.8% from the July 31st total of 4,768,300 shares. Based on an average daily volume of 942,800 shares, the days-to-cover ratio is currently 5.7 days. Approximately 13.3% of the company's shares are sold short. View Caleres' Current Options Chain.

Some companies that are related to Caleres include Steven Madden (SHOO), Wolverine World Wide (WWW), 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), TreeHouse Foods (THS), NVIDIA (NVDA), Macy's (M), Advanced Micro Devices (AMD), Alibaba Group (BABA), Pfizer (PFE), Target (TGT), Starbucks (SBUX) and eBay (EBAY).

Caleres' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.46%), Vanguard Group Inc. (9.75%), Victory Capital Management Inc. (3.05%), Paradigm Capital Management Inc. NY (2.76%), Northern Trust Corp (1.93%) and Schroder Investment Management Group (1.90%). 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 JPMorgan Chase & Co., BlackRock Inc., Panagora Asset Management Inc., Dalton Greiner Hartman Maher & Co., Bank of America Corp DE, Balyasny Asset Management LLC, Northern Trust Corp and Jefferies Group LLC. View Insider Buying and Selling for Caleres.

CAL stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Schroder Investment Management Group, Cubist Systematic Strategies LLC, Hodges Capital Management Inc., Morgan Stanley, Maverick Capital Ltd., SG Americas Securities LLC and Systematic Financial Management LP. 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, Robinhood, Fidelity and Charles Schwab.

One share of CAL stock can currently be purchased for approximately $21.56.

Caleres has a market capitalization of $877.92 million and generates $2.83 billion in revenue each year. The textile maker earns $-5,440,000.00 in net income (profit) each year or $2.21 on an earnings per share basis. Caleres employs 11,500 workers across the globe.View Additional Information About Caleres.

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]