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. Stockholders 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 annualized dividend and a dividend yield of 0.95%. The ex-dividend date of this dividend is Friday, December 21st. View Caleres' Dividend History.

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

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

5 equities research analysts have issued 12 month target prices for Caleres' shares. Their predictions range from $30.00 to $42.00. On average, they expect Caleres' stock price to reach $38.00 in the next twelve months. This suggests a possible upside of 29.0% 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 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Caleres.

News coverage about CAL stock has been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Caleres earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave news coverage about the textile maker a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term.

Some companies that are related to Caleres include 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 a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.55%), Dimensional Fund Advisors LP (8.46%), Macquarie Group Ltd. (3.29%), Victory Capital Management Inc. (3.17%), Principal Financial Group Inc. (2.61%) and Northern Trust Corp (1.97%). 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 Prudential Financial Inc., Principal Financial Group Inc., Dalton Greiner Hartman Maher & Co., First Trust Advisors LP, Barclays PLC, MetLife Investment Advisors LLC, New York State Common Retirement Fund and Stone Ridge Asset Management LLC. 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 Royce & Associates LP, Eagle Asset Management Inc., BlackRock Inc., Hodges Capital Management Inc., Victory Capital Management Inc., New Amsterdam Partners LLC NY, Bank of America Corp DE and Geode Capital Management LLC. 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 $29.45.

Caleres has a market capitalization of $1.26 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]