Q2 EPS Estimates for Caleres Cut by Telsey Advisory Group

Caleres, Inc. (NYSE:CAL) – Equities research analysts at Telsey Advisory Group decreased their Q2 2026 earnings per share (EPS) estimates for Caleres in a note issued to investors on Friday, March 21st. Telsey Advisory Group analyst D. Telsey now anticipates that the textile maker will post earnings of $0.84 per share for the quarter, down from their previous forecast of $0.88. The consensus estimate for Caleres’ current full-year earnings is $3.23 per share. Telsey Advisory Group also issued estimates for Caleres’ Q4 2026 earnings at $0.49 EPS.

Caleres (NYSE:CAL) last released its quarterly earnings results on Thursday, March 20th. The textile maker reported $0.33 EPS for the quarter, beating 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 net margin of 5.69% and a return on equity of 22.71%. The business’s revenue for the quarter was down 8.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.86 EPS.

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

Caleres Trading Down 1.7 %

CAL opened at $17.30 on Monday. The firm’s 50 day simple moving average is $17.47 and its two-hundred day simple moving average is $25.04. The company has a market capitalization of $581.78 million, a PE ratio of 3.85 and a beta of 1.82. Caleres has a 1-year low of $15.00 and a 1-year high of $44.51.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CAL. Vanguard Group Inc. raised its position in shares of Caleres by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 3,223,343 shares of the textile maker’s stock valued at $74,653,000 after buying an additional 50,041 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Caleres by 8.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,049,895 shares of the textile maker’s stock valued at $47,475,000 after acquiring an additional 167,326 shares during the last quarter. Principal Financial Group Inc. lifted its stake in Caleres by 3.2% in the 3rd quarter. Principal Financial Group Inc. now owns 1,835,057 shares of the textile maker’s stock worth $60,648,000 after purchasing an additional 56,346 shares in the last quarter. State Street Corp lifted its stake in Caleres by 3.1% in the 3rd quarter. State Street Corp now owns 1,519,912 shares of the textile maker’s stock worth $50,233,000 after purchasing an additional 46,230 shares in the last quarter. Finally, American Century Companies Inc. boosted its holdings in shares of Caleres by 10.1% during the 4th quarter. American Century Companies Inc. now owns 1,148,219 shares of the textile maker’s stock valued at $26,593,000 after purchasing an additional 105,392 shares during the last quarter. 98.44% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Caleres news, Director Kyle Gendreau acquired 5,000 shares of the company’s stock in a transaction dated Friday, January 17th. The stock was purchased at an average price of $19.93 per share, with a total value of $99,650.00. Following the completion of the purchase, the director now directly owns 5,000 shares in the company, valued at approximately $99,650. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 3.80% of the company’s stock.

Caleres Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Thursday, March 27th will be given a $0.07 dividend. The ex-dividend date is Thursday, March 27th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.62%. Caleres’s payout ratio is currently 9.12%.

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.