Caleres (NYSE:CAL) Updates FY 2026 Earnings Guidance

Caleres (NYSE:CAL) issued an update on 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.

Caleres Stock Performance

Shares of Caleres stock opened at $12.06 on Wednesday. The stock has a market cap of $405.10 million, a price-to-earnings ratio of -1,204.80 and a beta of 0.75. The stock has a 50 day moving average price of $12.70 and a 200-day moving average price of $12.44. Caleres has a one year low of $8.80 and a one year high of $16.14.

Caleres Dividend Announcement

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

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Caleres

Several large investors have recently added to or reduced their stakes in CAL. Osaic Holdings Inc. boosted its position in Caleres by 1,662.8% in the 2nd quarter. Osaic Holdings Inc. now owns 1,992 shares of the textile maker’s stock valued at $25,000 after buying an additional 1,879 shares during the period. Global Retirement Partners LLC purchased a new position in shares of Caleres during the fourth quarter worth approximately $25,000. Quadrant Capital Group LLC increased its position in shares of Caleres by 1,032.4% during the fourth quarter. Quadrant Capital Group LLC now owns 2,412 shares of the textile maker’s stock worth $29,000 after acquiring an additional 2,199 shares during the period. Nomura Holdings Inc. bought a new stake in shares of Caleres during the second quarter valued at approximately $136,000. Finally, Entropy Technologies LP bought a new stake in shares of Caleres during the third quarter valued at approximately $150,000. 98.44% of the stock is owned by hedge funds and other institutional investors.

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.