Caleres Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Caleres in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Caleres stock.
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1 Wall Street research analysts have issued 1 year price objectives for Caleres' stock. Their CAL stock forecasts range from $32.00 to $40.00. On average, they expect Caleres' share price to reach $36.00 in the next twelve months. This suggests a possible upside of 26.1% from the stock's current price.
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Caleres' stock was trading at $22.68 at the beginning of 2022. Since then, CAL shares have increased by 25.8% and is now trading at $28.54.
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Caleres is scheduled to release its next quarterly earnings announcement on Tuesday, August 30th 2022.
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Caleres, Inc. (NYSE:CAL) announced its earnings results on Tuesday, May, 24th. The textile maker reported $1.32 EPS for the quarter, beating the consensus estimate of $0.83 by $0.49. The textile maker earned $735.12 million during the quarter, compared to analysts' expectations of $677.28 million. Caleres had a net margin of 6.31% and a trailing twelve-month return on equity of 62.60%. Caleres's quarterly revenue was up 15.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.60 earnings per share.
View Caleres' earnings history.

Caleres announced a quarterly dividend on Thursday, May 26th. Stockholders of record on Friday, June 10th will be paid a dividend of $0.07 per share on Wednesday, June 29th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date of this dividend is Thursday, June 9th.
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Caleres(NYSE:CAL) pays an annual dividend of $0.28 per share and currently has a dividend yield of 1.05%. The dividend payout ratio of Caleres is 5.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Caleres will have a dividend payout ratio of 6.07% next year. This indicates that Caleres will be able to sustain or increase its dividend.
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Caleres issued an update on its FY 2022 earnings guidance on Tuesday, June, 21st. The company provided EPS guidance of $4.20-$4.40 for the period, compared to the consensus earnings per share estimate of $3.92. The company issued revenue guidance of $2.83 billion-$2.92 billion, compared to the consensus revenue estimate of $2.88 billion.

154 employees have rated Caleres CEO Diane M. Sullivan on Glassdoor.com. Diane M. Sullivan has an approval rating of 45% among Caleres' employees. This puts Diane M. Sullivan in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

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), Guess' (GES), Designer Brands (DBI), Abercrombie & Fitch (ANF), Genesco (GCO), Chico's FAS (CHS), Shoe Carnival (SCVL), Children's Place (PLCE) and Zumiez (ZUMZ).
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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).

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

Caleres' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (15.72%), Vanguard Group Inc. (10.12%), Dimensional Fund Advisors LP (4.57%), State Street Corp (3.98%), Principal Financial Group Inc. (3.73%) and Paradigm Capital Management Inc. NY (2.84%). Company insiders that own Caleres stock include Carla C Hendra, Daniel R Freidman, Diane M Sullivan, Diane M Sullivan, Douglas Koch, Ken Hannah, Patricia G Mcginnis, Steven W Korn, Todd E Hasty and Willis Hill.
View institutional ownership trends for Caleres.

CAL stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Royal Bank of Canada, Invesco Ltd., Penn Capital Management Company LLC, State Street Corp, Principal Financial Group Inc., Jane Street Group LLC, and Group One Trading L.P.. Company insiders that have sold Caleres company stock in the last two years include Carla C Hendra, Daniel R Freidman, Diane M Sullivan, Douglas Koch, Ken Hannah, and Willis Hill.
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CAL stock was bought by a variety of institutional investors in the last quarter, including Polar Asset Management Partners Inc., Paradigm Capital Management Inc. NY, Arrowstreet Capital Limited Partnership, Vanguard Group Inc., Goldman Sachs Group Inc., First Manhattan Co., Pacer Advisors Inc., and Assenagon Asset Management S.A..
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Shares of CAL 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.
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One share of CAL stock can currently be purchased for approximately $28.54.

Caleres (NYSE:CAL) has a market capitalization of $1.05 billion and generates $2.78 billion in revenue each year. The textile maker earns $137.02 million in net income (profit) each year or $4.71 on an earnings per share basis.

Caleres employs 9,200 workers across the globe.

Caleres' mailing address is 8300 MARYLAND AVE, ST LOUIS MO, 63166. The official website for Caleres is www.caleres.com. The textile maker can be reached via phone at (314) 854-4000, via email at [email protected], or via fax at 314-854-4274.