Caleres (CAL) Stock Price, News & Analysis

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caleres in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CAL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CAL, but not buy additional shares or sell existing shares.
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3 Wall Street analysts have issued 12 month price objectives for Caleres' stock. Their CAL share price targets range from $35.00 to $45.00. On average, they expect the company's share price to reach $40.00 in the next year. This suggests a possible upside of 15.3% from the stock's current price.
View analysts price targets for CAL or view top-rated stocks among Wall Street analysts.

Caleres' stock was trading at $30.73 on January 1st, 2024. Since then, CAL shares have increased by 12.9% and is now trading at $34.68.
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Caleres saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 4,810,000 shares, an increase of 6.4% from the April 15th total of 4,520,000 shares. Based on an average daily trading volume, of 434,300 shares, the short-interest ratio is currently 11.1 days. Approximately 14.3% of the company's shares are sold short.
View Caleres' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 29th 2024.
View our CAL earnings forecast.

Caleres, Inc. (NYSE:CAL) released its earnings results on Thursday, May, 30th. The textile maker reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.02. The textile maker had revenue of $659.20 million for the quarter, compared to the consensus estimate of $664.80 million. Caleres had a trailing twelve-month return on equity of 29.77% and a net margin of 6.10%. The company's quarterly revenue was down .5% on a year-over-year basis. During the same period last year, the firm posted $0.97 earnings per share.

Caleres announced a quarterly dividend on Thursday, May 23rd. Stockholders of record on Wednesday, June 5th will be paid a dividend of $0.07 per share on Thursday, June 20th. This represents a $0.28 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date of this dividend is Wednesday, June 5th.
Read our dividend analysis for CAL.

Caleres (NYSE:CAL) pays an annual dividend of $0.28 per share and currently has a dividend yield of 0.76%. The dividend payout ratio is 5.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CAL will have a dividend payout ratio of 5.69% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CAL.

ETFs with the largest weight of Caleres (NYSE:CAL) stock in their portfolio include Invesco S&P SmallCap Value with Momentum ETF (XSVM), First Trust Active Factor Small Cap ETF (AFSM), Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) and First Trust Small Cap Growth AlphaDEX Fund (FYC).iShares Micro-Cap ETF (IWC).

Caleres updated its FY25 earnings guidance on Thursday, May, 30th. The company provided EPS guidance of $4.30-4.60 for the period, compared to the consensus EPS estimate of $4.40. The company issued revenue guidance of flat to +2% yr/yr to ~$2.82-2.88 billion, compared to the consensus revenue estimate of $2.84 billion.

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.

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' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.99%), Principal Financial Group Inc. (5.19%), Boston Partners (2.21%), Empowered Funds LLC (0.34%), Janney Montgomery Scott LLC (0.21%) and Swiss National Bank (0.20%). Insiders that own company stock include Carla C Hendra, Daniel R Freidman, Diane M Sullivan, Diane M Sullivan, Douglas Koch, John W Schmidt, Ken Hannah, Mark A Schmitt, Todd E Hasty and Willis Hill.
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Shares of CAL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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