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NYSE:CAL

Caleres - CAL Stock Forecast, Price & News

$21.63
+0.33 (+1.55%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$21.26
$21.70
50-Day Range
$20.98
$27.14
52-Week Range
$18.98
$31.13
Volume
373,317 shs
Average Volume
683,858 shs
Market Capitalization
$770.46 million
P/E Ratio
4.41
Dividend Yield
1.29%
Price Target
$34.00

Caleres MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
57.2% Upside
$34.00 Price Target
Short Interest
Bearish
9.45% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.49
Upright™ Environmental Score
News Sentiment
0.50mentions of Caleres in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$659,476 Sold Last Quarter
Proj. Earnings Growth
10.05%
From $4.18 to $4.60 Per Share

Overall MarketRank

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

2.55 out of 5 stars

Consumer Discretionary Sector

77th out of 264 stocks

Footwear, Except Rubber Industry

2nd out of 5 stocks


CAL stock logo

About Caleres (NYSE:CAL) Stock

Caleres, Inc. engages in the retail and wholesale of footwear. It operates through the following segments: Famous Footwear, Brand Portfolio, and Other. The Famous Footwear segment provides brand-name athletic, casual, and dress shoes for the entire family. The Brand Portfolio segment offers retailers and consumers a portfolio of brands by designing, developing, sourcing, manufacturing, and marketing branded footwear for women and men. The Other segment covers corporate assets, administrative expenses, other costs, and recoveries that are not allocated to the operating units. The company was founded by George Warren Brown in 1878 and is headquartered in St. Louis, MO.

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CAL Stock News Headlines

Caleres (NYSE:CAL) Trading Down 2.8%
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
Sandals Market 2023 Size and Forecast to 2030
Caleres, Inc. (NYSE:CAL) to Issue $0.07 Quarterly Dividend
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
Q4 2022 Caleres Inc Earnings Call
Caleres Inc. (CAL) Surpasses Q4 Earnings Estimates
Caleres's Earnings: A Preview
Caleres (CAL) Declares $0.07 Dividend
Why Caleres, Inc. (NYSE:CAL) Could Be Worth Watching
Caleres Reiterates Fiscal Year 2022 Outlook
See More Headlines
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CAL Company Calendar

Ex-Dividend for 1/6 Dividend
12/21/2022
Dividend Payable
1/06/2023
Last Earnings
3/14/2023
Ex-Dividend for 4/6 Dividend
3/22/2023
Today
3/31/2023
Dividend Payable
4/06/2023
Next Earnings (Estimated)
5/23/2023
Fiscal Year End
1/31/2024

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
$34.00
High Stock Price Forecast
$35.00
Low Stock Price Forecast
$32.00
Forecasted Upside/Downside
+57.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$181.74 million
Pretax Margin
7.18%

Debt

Sales & Book Value

Annual Sales
$2.97 billion
Cash Flow
$3.55 per share
Book Value
$11.96 per share

Miscellaneous

Free Float
33,871,000
Market Cap
$770.46 million
Optionable
Optionable
Beta
1.75

Key Executives

  • John W. Schmidt
    Chief Executive Officer
  • Jack P. Calandra
    Chief Financial Officer & Senior Vice President
  • Willis D. Hill
    Chief Information Officer & Senior Vice President
  • Mark A. Schmitt
    Chief Logistics Officer & Senior Vice President
  • Thomas C. Burke
    Secretary, Senior VP & General Counsel













CAL Stock - Frequently Asked Questions

Should I buy or sell Caleres stock right now?

2 Wall Street 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 analysts is that investors should "buy" CAL shares.
View CAL analyst ratings
or view top-rated stocks.

What is Caleres' stock price forecast for 2023?

2 analysts have issued twelve-month price objectives for Caleres' stock. Their CAL share price forecasts range from $32.00 to $35.00. On average, they expect the company's stock price to reach $34.00 in the next year. This suggests a possible upside of 57.2% from the stock's current price.
View analysts price targets for CAL
or view top-rated stocks among Wall Street analysts.

How have CAL shares performed in 2023?

Caleres' stock was trading at $22.28 at the beginning of 2023. Since then, CAL shares have decreased by 2.9% and is now trading at $21.63.
View the best growth stocks for 2023 here
.

Are investors shorting Caleres?

Caleres saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 3,110,000 shares, an increase of 12.3% from the February 13th total of 2,770,000 shares. Based on an average daily volume of 671,000 shares, the short-interest ratio is presently 4.6 days. Approximately 9.2% of the shares of the company are sold short.
View Caleres' Short Interest
.

When is Caleres' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 23rd 2023.
View our CAL earnings forecast
.

How were Caleres' earnings last quarter?

Caleres, Inc. (NYSE:CAL) released its quarterly earnings data on Tuesday, March, 14th. The textile maker reported $0.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.64 by $0.01. The textile maker had revenue of $696.40 million for the quarter, compared to analyst estimates of $691.56 million. Caleres had a net margin of 6.12% and a trailing twelve-month return on equity of 42.45%. The business's quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.91 EPS.

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

Caleres announced a quarterly dividend on Thursday, March 9th. Investors of record on Thursday, March 23rd will be given a dividend of $0.07 per share on Thursday, April 6th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date of this dividend is Wednesday, March 22nd.
Read our dividend analysis for CAL
.

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 1.30%. The dividend payout ratio is 5.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CAL will have a dividend payout ratio of 6.09% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CAL.

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

Caleres updated its first quarter 2023 earnings guidance on Tuesday, March, 14th. The company provided EPS guidance of $0.92-$0.97 for the period, compared to the consensus earnings per share estimate of $1.23. The company issued revenue guidance of $691.01 million-$705.71 million, compared to the consensus revenue estimate of $749.28 million.

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

154 employees have rated Caleres Chief Executive Officer Diane M. Sullivan on Glassdoor.com. Diane M. Sullivan has an approval rating of 45% among the company's 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 a number of institutional and retail investors. Top institutional shareholders include Moneta Group Investment Advisors LLC (90.49%), Principal Financial Group Inc. (7.11%), Dimensional Fund Advisors LP (4.96%), Paradigm Capital Management Inc. NY (2.92%), Neuberger Berman Group LLC (2.43%) and Boston Partners (2.38%). Insiders that own company stock include Carla C Hendra, Daniel R Freidman, Diane M Sullivan, Diane M Sullivan, Douglas Koch, Ken Hannah, Todd E Hasty and Willis Hill.
View institutional ownership trends
.

How do I buy shares of Caleres?

Shares of CAL stock 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 $21.63.

How much money does Caleres make?

Caleres (NYSE:CAL) has a market capitalization of $770.46 million and generates $2.97 billion in revenue each year. The textile maker earns $181.74 million in net income (profit) each year or $4.91 on an earnings per share basis.

How many employees does Caleres have?

The company 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 the company 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 3/31/2023 by MarketBeat.com Staff