Seaport Res Ptn Comments on Caleres’ Q3 Earnings (NYSE:CAL)

Caleres, Inc. (NYSE:CAL) – Equities research analysts at Seaport Res Ptn decreased their Q3 2025 earnings per share estimates for shares of Caleres in a note issued to investors on Tuesday, November 26th. Seaport Res Ptn analyst M. Kummetz now expects that the textile maker will post earnings of $1.32 per share for the quarter, down from their previous estimate of $1.40. The consensus estimate for Caleres’ current full-year earnings is $4.04 per share. Seaport Res Ptn also issued estimates for Caleres’ Q4 2025 earnings at $0.90 EPS, FY2025 earnings at $3.94 EPS, FY2026 earnings at $4.57 EPS and FY2027 earnings at $5.10 EPS.

CAL has been the topic of a number of other reports. Loop Capital reduced their price target on Caleres from $45.00 to $30.00 and set a “hold” rating on the stock in a research report on Friday, September 13th. StockNews.com lowered Caleres from a “buy” rating to a “hold” rating in a research report on Thursday, October 3rd.

Caleres Stock Up 1.8 %

NYSE:CAL opened at $31.63 on Thursday. The stock has a market capitalization of $1.11 billion, a price-to-earnings ratio of 6.85 and a beta of 1.93. Caleres has a 52 week low of $27.67 and a 52 week high of $44.51. The firm has a 50 day moving average of $31.39 and a 200 day moving average of $34.50.

Caleres (NYSE:CAL) last released its quarterly earnings results on Thursday, September 12th. The textile maker reported $0.85 EPS for the quarter, missing the consensus estimate of $1.22 by ($0.37). Caleres had a net margin of 5.84% and a return on equity of 24.63%. The firm had revenue of $683.30 million for the quarter, compared to analysts’ expectations of $723.80 million. During the same period in the previous year, the company posted $0.98 earnings per share. The business’s quarterly revenue was down 1.8% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of CAL. Vanguard Group Inc. grew its holdings in shares of Caleres by 0.8% during the first quarter. Vanguard Group Inc. now owns 3,160,116 shares of the textile maker’s stock valued at $129,660,000 after buying an additional 26,214 shares during the last quarter. Principal Financial Group Inc. lifted its position in Caleres by 3.2% during the 3rd quarter. Principal Financial Group Inc. now owns 1,835,057 shares of the textile maker’s stock worth $60,648,000 after acquiring an additional 56,346 shares during the period. State Street Corp grew its stake in Caleres by 3.1% during the 3rd quarter. State Street Corp now owns 1,519,912 shares of the textile maker’s stock valued at $50,233,000 after purchasing an additional 46,230 shares during the last quarter. Pacer Advisors Inc. acquired a new position in shares of Caleres in the third quarter valued at about $49,783,000. Finally, FMR LLC raised its stake in shares of Caleres by 30.1% in the third quarter. FMR LLC now owns 929,968 shares of the textile maker’s stock worth $30,735,000 after purchasing an additional 215,372 shares during the last quarter. Institutional investors and hedge funds own 98.44% of the company’s stock.

Caleres Company Profile

Caleres, Inc engages in the retail and wholesale of footwear business in the United States, Canada, East Asia, and internationally. It operates through Famous Footwear and Brand Portfolio segments. The company offers licensed, branded, and private-label athletic, casual, and dress footwear products. The company provides brand name athletic, casual, and dress shoes, including Nike, Skechers, adidas, Vans, Crocs, Converse, Puma, Birkenstock, New Balance, Under Armour, Dr.