Caleres (NYSE:CAL) Releases FY 2025 Earnings Guidance

Caleres (NYSE:CAL) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 2.800-3.200 for the period, compared to the consensus estimate of 3.990. The company issued revenue guidance of $2.7 billion-$2.8 billion, compared to the consensus revenue estimate of $2.8 billion. Caleres also updated its Q1 2025 guidance to 0.350-0.400 EPS.

Caleres Stock Performance

Shares of CAL traded down $0.24 during trading hours on Thursday, hitting $16.15. The company had a trading volume of 236,429 shares, compared to its average volume of 627,459. The firm has a fifty day moving average price of $17.78 and a 200-day moving average price of $25.78. The stock has a market capitalization of $543.18 million, a price-to-earnings ratio of 3.56 and a beta of 1.82. Caleres has a 52-week low of $15.00 and a 52-week high of $44.51.

Caleres (NYSE:CAL) last posted its quarterly earnings results on Thursday, March 20th. The textile maker reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.06. The firm had revenue of $639.20 million during the quarter, compared to analyst estimates of $645.79 million. Caleres had a return on equity of 22.71% and a net margin of 5.69%. Caleres’s quarterly revenue was down 8.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.86 EPS. Research analysts anticipate that Caleres will post 3.23 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, April 11th. Stockholders of record on Thursday, March 27th will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.73%. The ex-dividend date is Thursday, March 27th. Caleres’s dividend payout ratio is presently 6.24%.

Analysts Set New Price Targets

Separately, Loop Capital lowered their price target on Caleres from $30.00 to $25.00 and set a “hold” rating for the company in a research report on Friday, December 6th.

Insiders Place Their Bets

In other Caleres news, Director Kyle Gendreau bought 5,000 shares of the firm’s stock in a transaction on Friday, January 17th. The stock was acquired at an average price of $19.93 per share, with a total value of $99,650.00. Following the transaction, the director now owns 5,000 shares in the company, valued at $99,650. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 3.80% of the stock is owned by 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.