Caleres (NYSE:CAL) Issues Q1 2025 Earnings Guidance

Caleres (NYSE:CAL) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.350-0.400 for the period, compared to the consensus earnings per share estimate of 0.880. The company issued revenue guidance of $619.6 million-$626.2 million, compared to the consensus revenue estimate of $652.6 million.

Caleres Stock Up 1.0 %

NYSE CAL opened at $16.40 on Thursday. The stock has a market cap of $551.45 million, a P/E ratio of 3.65 and a beta of 1.82. The company’s 50-day simple moving average is $17.78 and its 200 day simple moving average is $25.78. Caleres has a twelve month low of $15.00 and a twelve month high of $44.51.

Caleres (NYSE:CAL) last posted its earnings results on Thursday, March 20th. The textile maker reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.06. Caleres had a net margin of 5.69% and a return on equity of 22.71%. Research analysts anticipate that Caleres will post 3.23 earnings per share for the current year.

Caleres Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Thursday, March 27th will be paid a dividend of $0.07 per share. The ex-dividend date is Thursday, March 27th. This represents a $0.28 annualized dividend and a yield of 1.71%. Caleres’s dividend payout ratio is 6.24%.

Analysts Set New Price Targets

Separately, Loop Capital decreased their price objective on shares of Caleres from $30.00 to $25.00 and set a “hold” rating on the stock in a research note on Friday, December 6th.

Insider Transactions at Caleres

In related news, Director Kyle Gendreau bought 5,000 shares of Caleres stock in a transaction dated Friday, January 17th. The shares were bought at an average cost of $19.93 per share, for a total transaction of $99,650.00. Following the completion of the transaction, the director now owns 5,000 shares of the company’s stock, valued at approximately $99,650. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 3.80% of the stock is owned by company insiders.

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.