Caleres (NYSE:CAL) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Shares of Caleres, Inc. (NYSE:CAL) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $12.40 and traded as high as $13.34. Caleres shares last traded at $12.92, with a volume of 496,938 shares changing hands.

Analysts Set New Price Targets

CAL has been the topic of a number of recent analyst reports. KeyCorp reiterated a “sector weight” rating on shares of Caleres in a report on Friday, June 5th. Wall Street Zen upgraded Caleres from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. Zacks Research lowered Caleres from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 1st. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Caleres in a report on Friday, July 31st. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Reduce”.

Caleres Stock Performance

The company has a market cap of $430.62 million, a PE ratio of -1,280.72 and a beta of 0.76. The company’s 50 day moving average price is $12.85 and its 200-day moving average price is $12.41.

Caleres (NYSE:CAL) last announced its quarterly earnings data on Thursday, June 4th. The textile maker reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.01. Caleres had a return on equity of 7.33% and a net margin of 0.02%.The business had revenue of $666.60 million during the quarter, compared to analyst estimates of $662.63 million. During the same period in the prior year, the company earned $0.22 earnings per share. Caleres’s revenue was up 8.5% compared to the same quarter last year. Caleres has set its Q2 2026 guidance at 0.320-0.380 EPS and its FY 2026 guidance at 1.400-1.650 EPS. Equities research analysts expect that Caleres, Inc. will post 1.63 EPS for the current year.

Caleres Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 11th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $0.28 annualized dividend and a yield of 2.2%. Caleres’s dividend payout ratio is -2,800.00%.

Insiders Place Their Bets

In other news, insider Daniel R. Freidman sold 11,207 shares of Caleres stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $15.00, for a total value of $168,105.00. Following the completion of the transaction, the insider owned 64,780 shares in the company, valued at $971,700. This trade represents a 14.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. bought a new stake in Caleres during the 2nd quarter valued at $48,870,000. Vanguard Group Inc. boosted its holdings in shares of Caleres by 1.2% in the third quarter. Vanguard Group Inc. now owns 2,427,235 shares of the textile maker’s stock worth $31,651,000 after acquiring an additional 28,190 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Caleres by 56,997.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,836,841 shares of the textile maker’s stock valued at $22,354,000 after purchasing an additional 1,833,624 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of Caleres by 21.7% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,474,671 shares of the textile maker’s stock valued at $15,543,000 after purchasing an additional 262,576 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Caleres by 18.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,092,075 shares of the textile maker’s stock valued at $13,291,000 after purchasing an additional 169,760 shares during the period. 98.44% of the stock is owned by institutional investors.

Caleres Company Profile

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.