Caleres (NYSE:CAL) Releases Q3 2026 Earnings Guidance

Caleres (NYSE:CAL) updated its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.620-0.700 for the period, compared to the consensus earnings per share estimate of 0.830. The company issued revenue guidance of -. Caleres also updated its FY 2026 guidance to 1.500-1.650 EPS.

Wall Street Analysts Forecast Growth

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

Caleres Stock Down 3.0%

NYSE:CAL opened at $12.06 on Wednesday. Caleres has a 12-month low of $8.80 and a 12-month high of $16.14. The firm has a market capitalization of $405.10 million, a P/E ratio of -1,204.80 and a beta of 0.75. The stock’s fifty day simple moving average is $12.70 and its 200-day simple moving average is $12.44.

Caleres Announces Dividend

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

Institutional Investors Weigh In On Caleres

Large investors have recently made changes to their positions in the stock. Metis Global Partners LLC acquired a new position in shares of Caleres during the fourth quarter worth about $214,000. Prelude Capital Management LLC bought a new stake in shares of Caleres in the 3rd quarter valued at about $168,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Caleres by 40.0% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,764 shares of the textile maker’s stock valued at $206,000 after purchasing an additional 4,502 shares during the last quarter. Inceptionr LLC bought a new position in Caleres during the third quarter worth about $211,000. Finally, Tower Research Capital LLC TRC grew its holdings in Caleres by 299.0% during the second quarter. Tower Research Capital LLC TRC now owns 17,711 shares of the textile maker’s stock worth $216,000 after purchasing an additional 13,272 shares during the period. Institutional investors 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.