Seaport Research Partners Issues Positive Forecast for Caleres (NYSE:CAL) Stock Price

Caleres (NYSE:CAL) had its target price hoisted by Seaport Research Partners from $14.00 to $16.00 in a research note published on Thursday morning,Benzinga reports. The firm currently has a buy rating on the textile maker’s stock.

CAL has been the subject of several other research reports. Weiss Ratings reissued a “sell (d+)” rating on shares of Caleres in a research note on Wednesday, January 21st. Zacks Research raised shares of Caleres from a “strong sell” rating to a “hold” rating in a report on Thursday, February 26th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $14.00.

Caleres Stock Performance

CAL stock traded up $0.67 during mid-day trading on Thursday, hitting $11.22. The company had a trading volume of 441,971 shares, compared to its average volume of 617,705. Caleres has a 12 month low of $8.80 and a 12 month high of $18.27. The stock’s fifty day moving average price is $12.02 and its two-hundred day moving average price is $12.59. The firm has a market cap of $380.36 million, a PE ratio of 17.81 and a beta of 0.64.

Caleres (NYSE:CAL) last announced its quarterly earnings data on Thursday, March 19th. The textile maker reported ($0.36) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.40) by $0.04. Caleres had a return on equity of 8.62% and a net margin of 0.78%.The business had revenue of $695.06 million for the quarter, compared to analysts’ expectations of $688.43 million. During the same period in the previous year, the business posted $0.33 EPS. The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. Equities analysts anticipate that Caleres will post 3.23 earnings per share for the current year.

Caleres Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Thursday, March 26th will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Thursday, March 26th. Caleres’s payout ratio is presently 44.44%.

Hedge Funds Weigh In On Caleres

Hedge funds have recently modified their holdings of the stock. Invenomic Capital Management LP grew its holdings in Caleres by 19.7% during the 3rd quarter. Invenomic Capital Management LP now owns 871,600 shares of the textile maker’s stock valued at $11,366,000 after buying an additional 143,175 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new position in shares of Caleres during the third quarter worth approximately $1,188,000. Federated Hermes Inc. increased its holdings in Caleres by 57.3% during the 3rd quarter. Federated Hermes Inc. now owns 503,122 shares of the textile maker’s stock worth $6,561,000 after purchasing an additional 183,287 shares during the period. SG Americas Securities LLC purchased a new stake in Caleres in the second quarter worth about $328,000. Finally, Capital Fund Management S.A. increased its holdings in shares of Caleres by 346.1% in the 2nd quarter. Capital Fund Management S.A. now owns 72,657 shares of the textile maker’s stock valued at $888,000 after acquiring an additional 56,370 shares during the period. Hedge funds and other institutional investors own 98.44% of the company’s stock.

Caleres News Roundup

Here are the key news stories impacting Caleres this week:

• Positive Sentiment: Q4 beats and Brand Portfolio strength — Caleres reported Q4 sales of $695.1M (up 8.7%) and EPS that beat consensus; Brand Portfolio sales rose ~20.3% with organic sales +1.5%, supporting near‑term top‑line momentum. Read More.
• Positive Sentiment: Management guidance aims for profitability and margin recovery — Company guided for a return to profits in FY26 and expects 140–180 bps of gross‑margin improvement (tariff mitigation, pricing), which drove bullish investor reaction. Read More.
• Neutral Sentiment: Market reaction and coverage — Several outlets highlight the upside move and context (earnings call transcript, slide deck and coverage noting e‑commerce growth). These sources provide detail but don’t change the fundamentals. Read More.
• Negative Sentiment: Underlying operational and valuation concerns — Analysts warn organic sales were essentially flat and margins were pressured (acquisition‑related deleverage). One analyst suggests CAL is fairly valued (roughly $10.50 target) and highlights leverage and execution risks. Read More.
• Negative Sentiment: Sell signal from a rankings service — Zacks added CAL to its Rank #5 (Strong Sell) list, which may pressure sentiment among retail and quant‑driven investors. Read More.

Caleres Company Profile

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.