Caleres (NYSE:CAL) Issues Q2 2026 Earnings Guidance

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

Caleres Stock Up 1.8%

CAL opened at $14.37 on Friday. Caleres has a 12-month low of $8.80 and a 12-month high of $16.14. The firm has a market capitalization of $484.84 million, a P/E ratio of -65.32 and a beta of 0.74. The stock has a fifty day moving average of $12.62 and a 200-day moving average of $12.34.

Caleres (NYSE:CAL) last posted its earnings results on Thursday, June 4th. The textile maker reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.01. The firm had revenue of $666.60 million during the quarter, compared to analyst estimates of $662.64 million. Caleres had a positive return on equity of 6.49% and a negative net margin of 0.24%.The company’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.22 EPS. Caleres has set its Q2 2026 guidance at 0.320-0.380 EPS and its FY 2026 guidance at 1.400-1.650 EPS. On average, analysts expect that Caleres will post 1.57 earnings per share for the current fiscal year.

Caleres Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 11th will be issued a $0.07 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $0.28 dividend on an annualized basis and a yield of 1.9%. Caleres’s dividend payout ratio is -127.27%.

Analyst Ratings Changes

A number of research analysts have recently commented on CAL shares. Seaport Research Partners upped their price objective on shares of Caleres from $14.00 to $16.00 and gave the company a “buy” rating in a research report on Thursday, March 19th. Weiss Ratings upgraded Caleres from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Finally, Zacks Research raised Caleres from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Caleres has an average rating of “Moderate Buy”.

Insiders Place Their Bets

In other Caleres news, insider Daniel R. Freidman sold 11,207 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $15.00, for a total value of $168,105.00. Following the sale, the insider directly owned 64,780 shares in the company, valued at $971,700. This represents a 14.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, 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 owned by company insiders.

Institutional Investors Weigh In On Caleres

Hedge funds have recently made changes to their positions in the company. The Manufacturers Life Insurance Company grew its position in shares of Caleres by 5.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,363 shares of the textile maker’s stock worth $151,000 after buying an additional 693 shares during the period. Barclays PLC raised its position in shares of Caleres by 1.0% during the 4th quarter. Barclays PLC now owns 90,762 shares of the textile maker’s stock valued at $1,105,000 after acquiring an additional 926 shares during the last quarter. Franklin Resources Inc. lifted its stake 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 valued at $231,000 after purchasing an additional 1,007 shares during the period. Osaic Holdings Inc. grew its stake in shares of Caleres by 1,662.8% during the second 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. increased its holdings in Caleres by 5.8% in the second quarter. Prudential Financial Inc. now owns 34,938 shares of the textile maker’s stock valued at $427,000 after purchasing an additional 1,926 shares during the last quarter. Institutional investors and hedge funds own 98.44% of the company’s stock.

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.