Caleres (NYSE:CAL) Issues FY 2026 Earnings Guidance

Caleres (NYSE:CAL) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.500-1.650 for the period, compared to the consensus estimate of 0.720. The company issued revenue guidance of -. Caleres also updated its Q3 2026 guidance to 0.620-0.700 EPS.

Wall Street Analysts Forecast Growth

CAL has been the subject of a number of research reports. Wall Street Zen downgraded Caleres from a “buy” rating to a “hold” rating in a report on Saturday, August 29th. KeyCorp reiterated a “sector weight” rating on shares of Caleres in a research note on Friday, June 5th. Zacks Research cut shares of Caleres from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 1st. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Caleres in a report on Friday, July 31st. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce”.

Caleres Trading Down 3.0%

Caleres stock opened at $12.06 on Wednesday. The firm has a market cap of $405.10 million, a price-to-earnings ratio of -1,204.80 and a beta of 0.75. Caleres has a 12 month low of $8.80 and a 12 month high of $16.14. The stock has a fifty day simple moving average of $12.70 and a two-hundred day simple moving average of $12.44.

Caleres (NYSE:CAL) last released its quarterly earnings data on Wednesday, September 9th. The textile maker reported $0.47 EPS for the quarter, beating the consensus estimate of $0.37 by $0.10. Caleres had a return on equity of 7.33% and a net margin of 0.02%.Caleres has set its Q3 2026 guidance at 0.620-0.700 EPS and its FY 2026 guidance at 1.500-1.650 EPS. On average, equities research analysts forecast that Caleres will post 1.62 EPS for the current fiscal year.

Caleres Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be paid a $0.07 dividend. The ex-dividend date is Friday, September 11th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.3%. Caleres’s payout ratio is currently -2,800.00%.

Hedge Funds Weigh In On Caleres

Several hedge funds and other institutional investors have recently modified their holdings of the company. Global Retirement Partners LLC purchased a new position in shares of Caleres in the 4th quarter worth $25,000. Osaic Holdings Inc. lifted its stake 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. Quadrant Capital Group LLC boosted its holdings in shares of Caleres by 1,032.4% in the fourth quarter. Quadrant Capital Group LLC now owns 2,412 shares of the textile maker’s stock worth $29,000 after buying an additional 2,199 shares during the last quarter. Nomura Holdings Inc. purchased a new stake in Caleres during the second quarter valued at approximately $136,000. Finally, Entropy Technologies LP bought a new stake in shares of Caleres during the 3rd quarter valued at $150,000. 98.44% of the stock is owned by institutional investors.

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.