Caleres (NYSE:CAL) Releases FY 2026 Earnings Guidance

Caleres (NYSE:CAL) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.400-1.650 for the period, compared to the consensus EPS estimate of 0.720. The company issued revenue guidance of -. Caleres also updated its Q2 2026 guidance to 0.320-0.380 EPS.

Caleres Trading Down 1.3%

NYSE CAL opened at $14.19 on Thursday. The company has a fifty day simple moving average of $12.56 and a 200 day simple moving average of $12.31. The company has a market cap of $478.77 million, a P/E ratio of -64.50 and a beta of 0.74. Caleres has a 1 year low of $8.80 and a 1 year high of $16.14.

Caleres (NYSE:CAL) last posted its quarterly earnings data on Thursday, March 19th. The textile maker reported ($0.36) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.40) by $0.04. The business had revenue of $695.06 million during the quarter, compared to the consensus estimate of $688.43 million. Caleres had a negative net margin of 0.24% and a positive return on equity of 6.49%. Caleres’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.33 EPS. Equities research analysts forecast that Caleres will post 1.57 EPS for the current fiscal year.

Caleres Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 11th will be issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Thursday, June 11th. Caleres’s dividend payout ratio is currently -127.27%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on CAL shares. Weiss Ratings raised shares of Caleres from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Seaport Research Partners upped their price objective on shares of Caleres from $14.00 to $16.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Finally, Zacks Research raised shares of 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Insider Activity

In other news, insider Daniel R. Freidman sold 11,207 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $15.00, for a total transaction of $168,105.00. Following the completion of the transaction, the insider directly owned 64,780 shares of the company’s stock, valued at approximately $971,700. This trade represents a 14.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.10% of the company’s stock.

Hedge Funds Weigh In On Caleres

A number of hedge funds and other institutional investors have recently made changes to their positions in CAL. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Caleres by 120.4% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,072,550 shares of the textile maker’s stock worth $13,986,000 after acquiring an additional 586,020 shares during the period. Federated Hermes Inc. lifted its holdings in shares of Caleres by 86.3% during the 4th quarter. Federated Hermes Inc. now owns 937,391 shares of the textile maker’s stock worth $11,408,000 after acquiring an additional 434,269 shares during the period. Renaissance Technologies LLC bought a new position in shares of Caleres during the 4th quarter worth about $4,338,000. Paradigm Capital Management Inc. NY lifted its holdings in shares of Caleres by 39.1% during the 4th quarter. Paradigm Capital Management Inc. NY now owns 911,599 shares of the textile maker’s stock worth $11,094,000 after acquiring an additional 256,155 shares during the period. Finally, Balyasny Asset Management L.P. bought a new position in shares of Caleres during the 4th quarter worth about $2,941,000. 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.