Caleres (NYSE:CAL) Issues FY 2026 Earnings Guidance

Caleres (NYSE:CAL) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.400-1.650 for the period, compared to the consensus EPS estimate of 0.720. The company issued revenue guidance of -. Caleres also updated its Q2 2026 guidance to 0.320-0.380 EPS.

Wall Street Analysts Forecast Growth

Several research firms have commented on CAL. KeyCorp reissued a “sector weight” rating on shares of Caleres in a report on Friday. Wall Street Zen raised shares of Caleres from a “hold” rating to a “buy” rating in a report on Saturday. Seaport Research Partners lifted their price target on shares of Caleres from $14.00 to $16.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Zacks Research raised shares of Caleres from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. Finally, Weiss Ratings raised shares of Caleres from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Caleres currently has an average rating of “Hold”.

Caleres Price Performance

NYSE:CAL opened at $12.32 on Friday. The firm’s 50 day simple moving average is $12.65 and its 200 day simple moving average is $12.34. Caleres has a one year low of $8.80 and a one year high of $16.14. The company has a market cap of $415.69 million, a PE ratio of -1,230.77 and a beta of 0.74.

Caleres (NYSE:CAL) last posted its earnings results on Thursday, June 4th. The textile maker reported $0.38 EPS for the quarter, topping the consensus estimate of $0.37 by $0.01. Caleres had a net margin of 0.02% and a return on equity of 7.33%. The business had revenue of $666.60 million for the quarter, compared to the consensus estimate of $662.64 million. During the same period last year, the company earned $0.22 EPS. The firm’s revenue was up 8.5% compared to the same quarter last year. Caleres has set its Q2 2026 guidance at 0.320-0.380 EPS and its FY 2026 guidance at 1.400-1.650 EPS. Equities research analysts expect that Caleres will post 1.57 EPS for the current year.

Caleres Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 11th will be given a dividend of $0.07 per share. The ex-dividend date is Thursday, June 11th. This represents a $0.28 annualized dividend and a yield of 2.3%. Caleres’s dividend payout ratio (DPR) is currently -2,800.00%.

Insider Buying and Selling

In related news, insider Daniel R. Freidman sold 11,207 shares of Caleres stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $15.00, for a total transaction of $168,105.00. Following the sale, the insider directly owned 64,780 shares in the company, valued at $971,700. This trade represents a 14.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. The Manufacturers Life Insurance Company lifted its position in shares of Caleres by 5.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,363 shares of the textile maker’s stock worth $151,000 after purchasing an additional 693 shares during the period. Barclays PLC lifted its position in shares of Caleres by 1.0% in the 4th quarter. Barclays PLC now owns 90,762 shares of the textile maker’s stock worth $1,105,000 after purchasing an additional 926 shares during the period. Franklin Resources Inc. lifted its position in shares of Caleres by 5.6% in the 2nd quarter. Franklin Resources Inc. now owns 18,902 shares of the textile maker’s stock worth $231,000 after purchasing an additional 1,007 shares during the period. Osaic Holdings Inc. lifted its position in shares of Caleres by 1,662.8% in the 2nd quarter. Osaic Holdings Inc. now owns 1,992 shares of the textile maker’s stock worth $25,000 after purchasing an additional 1,879 shares during the period. Finally, Prudential Financial Inc. lifted its position in shares of Caleres by 5.8% in the 2nd quarter. Prudential Financial Inc. now owns 34,938 shares of the textile maker’s stock worth $427,000 after purchasing an additional 1,926 shares during the period. Institutional investors and hedge funds own 98.44% of the company’s stock.

About Caleres

Caleres, Inc, formerly known as Brown Shoe Company, is a leading footwear company engaged in the design, sourcing, marketing and selling of a broad portfolio of branded and private-label shoes. The company’s operations span a range of market segments from value-priced to premium and luxury. Caleres operates through two primary segments: a retail segment anchored by the Famous Footwear banner, which includes more than 1,100 stores across North America, and a brand portfolio segment comprising owned and licensed brands such as Allen Edmonds, Naturalizer, Sam Edelman, Dr.