NYSE:CAL - Caleres Stock Price, News, & Analysis

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

Caleres announced a quarterly dividend on Thursday, December 13th. Shareholders of record on Monday, December 24th will be paid a dividend of $0.07 per share on Wednesday, January 9th. This represents a $0.28 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date of this dividend is Friday, December 21st. View Caleres' Dividend History.

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

Caleres Inc (NYSE:CAL) released its earnings results on Tuesday, November, 20th. The textile maker reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.88 by $0.07. The textile maker had revenue of $776 million for the quarter, compared to the consensus estimate of $765 million. Caleres had a net margin of 3.21% and a return on equity of 13.58%. The company's quarterly revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.80 earnings per share. View Caleres' Earnings History.

Caleres is scheduled to release their next quarterly earnings announcement on Tuesday, March 12th 2019. View Earnings Estimates for Caleres.

Caleres issued an update on its FY19 earnings guidance on Tuesday, November, 20th. The company provided earnings per share (EPS) guidance of $2.25-2.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.46. The company issued revenue guidance of $2.85 billion, compared to the consensus revenue estimate of $2.80 billion.Caleres also updated its FY 2018 guidance to $2.25-2.35 EPS.

7 equities research analysts have issued 1 year price objectives for Caleres' shares. Their predictions range from $30.00 to $42.00. On average, they expect Caleres' share price to reach $37.00 in the next twelve months. This suggests a possible upside of 29.9% from the stock's current price. View Analyst Price Targets for Caleres.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caleres in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Caleres.

News articles about CAL stock have trended somewhat positive recently, InfoTrie reports. The research group identifies positive and negative press coverage by analyzing 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 nearest to five being the most favorable. Caleres earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave news articles about the textile maker a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the company's share price in the next few days.

Some companies that are related to Caleres include Skechers USA (SKX), Wolverine World Wide (WWW), Steven Madden (SHOO), Rocky Brands (RCKY), Iconix Brand Group (ICON), Phoenix Footwear Group (PXFG) and Exceed (EDSFF).

Caleres' stock is owned by many different of institutional and retail investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (1.34%), Louisiana State Employees Retirement System (0.04%), Lenox Wealth Management Inc. (0.02%) and First Hawaiian Bank (0.00%). Company insiders that own Caleres stock include Daniel R Freidman, Diane M Sullivan, Douglas Koch, Mark A Schmitt 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 Dalton Greiner Hartman Maher & Co. and Louisiana State Employees Retirement System. Company insiders that have sold Caleres company stock in the last year include Daniel R Freidman, Diane M Sullivan, Douglas Koch and Richard M Ausick. View Insider Buying and Selling for Caleres.

CAL stock was acquired by a variety of institutional investors in the last quarter, including Lenox Wealth Management Inc. and First Hawaiian Bank. 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, Scottrade, Fidelity and Charles Schwab.

One share of CAL stock can currently be purchased for approximately $28.48.

Caleres has a market capitalization of $1.22 billion and generates $2.79 billion in revenue each year. The textile maker earns $87.20 million in net income (profit) each year or $2.16 on an earnings per share basis. Caleres employs 12,000 workers across the globe.

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]