NYSE:CALCaleres Stock Price, Forecast & News

Caleres' stock was trading at $8.51 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CAL stock has decreased by 15.5% and is now trading at $7.19. 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 hold rating and 3 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 Monday, August 24th 2020. View our earnings forecast for Caleres.

Caleres Inc (NYSE:CAL) issued its quarterly earnings data on Thursday, June, 4th. The textile maker reported ($1.30) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.86) by $0.44. The textile maker had revenue of $397.18 million for the quarter, compared to analyst estimates of $426.91 million. Caleres had a negative net margin of 11.06% and a positive return on equity of 3.78%. The company's quarterly revenue was down 41.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.36 earnings per share. View Caleres' earnings history.

Caleres declared a quarterly dividend on Thursday, May 28th. Shareholders 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 dividend on an annualized basis and a dividend yield of 3.89%. The ex-dividend date is Thursday, June 11th. View Caleres' dividend history.

Caleres announced that its board has approved a share buyback plan on Friday, December 14th 2018, which allows the company to buyback 2,500,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its stock is undervalued.

4 Wall Street analysts have issued 12-month target prices 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 146.9% from the stock's current price. View analysts' price targets for Caleres.

News coverage about CAL stock has been trending somewhat negative recently, InfoTrie reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Caleres earned a daily sentiment score of -1.8 on InfoTrie's scale. They also assigned news headlines about the textile maker a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about Caleres.

Caleres saw a decline in short interest during the month of June. As of June 15th, there was short interest totaling 3,220,000 shares, a decline 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 currently 2.5 days. Approximately 8.4% of the shares of the 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), Guess? (GES), Abercrombie & Fitch (ANF), 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 bought 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 $7.19.

Caleres has a market capitalization of $289.28 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]