Telsey Advisory Group Expects Weaker Earnings for Caleres

Caleres, Inc. (NYSE:CAL) – Telsey Advisory Group reduced their Q1 2026 earnings per share (EPS) estimates for Caleres in a note issued to investors on Friday, March 14th. Telsey Advisory Group analyst D. Telsey now forecasts that the textile maker will post earnings per share of $0.85 for the quarter, down from their prior forecast of $1.01. The consensus estimate for Caleres’ current full-year earnings is $3.23 per share. Telsey Advisory Group also issued estimates for Caleres’ Q2 2026 earnings at $0.88 EPS and FY2026 earnings at $3.50 EPS.

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

Caleres Stock Down 0.8 %

NYSE:CAL opened at $16.24 on Monday. The business’s 50-day simple moving average is $17.88 and its two-hundred day simple moving average is $25.85. The stock has a market cap of $545.97 million, a PE ratio of 3.62 and a beta of 1.82. Caleres has a 52 week low of $15.00 and a 52 week high of $44.51.

Institutional Investors Weigh In On Caleres

Hedge funds have recently made changes to their positions in the company. Smartleaf Asset Management LLC lifted its position in shares of Caleres by 254.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,733 shares of the textile maker’s stock worth $40,000 after buying an additional 1,244 shares in the last quarter. Golden State Wealth Management LLC purchased a new stake in Caleres during the fourth quarter valued at approximately $59,000. Lee Danner & Bass Inc. purchased a new stake in Caleres during the fourth quarter valued at approximately $81,000. Canada Pension Plan Investment Board purchased a new stake in Caleres during the fourth quarter valued at approximately $86,000. Finally, KLP Kapitalforvaltning AS purchased a new stake in Caleres during the fourth quarter valued at approximately $149,000. 98.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Kyle Gendreau bought 5,000 shares of the firm’s stock in a transaction that occurred on 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 represents a ∞ increase in their ownership of the stock. The purchase 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 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Investors 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 1.72%. Caleres’s dividend payout ratio is currently 6.24%.

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.