Caleres (NYSE:CAL) Updates Q2 2026 Earnings Guidance

Caleres (NYSE:CAL) issued an update on its second quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.320-0.380 for the period, compared to the consensus estimate of 0.380. The company issued revenue guidance of -. Caleres also updated its FY 2026 guidance to 1.400-1.650 EPS.

Caleres Trading Down 1.3%

Shares of NYSE CAL opened at $14.19 on Thursday. The stock has a 50 day moving average of $12.56 and a two-hundred day moving average of $12.31. The stock has a market cap of $478.77 million, a P/E ratio of -64.50 and a beta of 0.74. Caleres has a twelve month low of $8.80 and a twelve month high of $16.14.

Caleres (NYSE:CAL) last announced its earnings results on Thursday, March 19th. The textile maker reported ($0.36) earnings per share for the quarter, beating the consensus estimate of ($0.40) by $0.04. Caleres had a positive return on equity of 6.49% and a negative net margin of 0.24%.The company had revenue of $695.06 million for the quarter, compared to the consensus estimate of $688.43 million. During the same period last year, the business posted $0.33 EPS. The company’s revenue was up 8.7% on a year-over-year basis. As a group, research analysts predict that Caleres will post 1.57 earnings per share for the current year.

Caleres Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 11th will be issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Thursday, June 11th. Caleres’s payout ratio is currently -127.27%.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Weiss Ratings raised Caleres from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Seaport Research Partners raised their price target on Caleres from $14.00 to $16.00 and gave the company a “buy” rating in a research report on Thursday, March 19th. Finally, Zacks Research raised Caleres from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Insiders Place Their Bets

In other news, insider Daniel R. Freidman sold 11,207 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $15.00, for a total transaction of $168,105.00. Following the completion of the sale, the insider directly owned 64,780 shares of the company’s stock, valued at $971,700. The trade was a 14.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.10% of the stock is currently owned by corporate insiders.

Institutional Trading of Caleres

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in Caleres by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 2,427,235 shares of the textile maker’s stock worth $31,651,000 after purchasing an additional 28,190 shares during the period. Charles Schwab Investment Management Inc. raised its position in Caleres by 18.4% in the fourth 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. Arrowstreet Capital Limited Partnership raised its position in Caleres by 120.4% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,072,550 shares of the textile maker’s stock valued at $13,986,000 after purchasing an additional 586,020 shares during the period. Federated Hermes Inc. lifted its stake in shares of Caleres by 86.3% during the fourth quarter. Federated Hermes Inc. now owns 937,391 shares of the textile maker’s stock worth $11,408,000 after purchasing an additional 434,269 shares in the last quarter. Finally, Paradigm Capital Management Inc. NY lifted its stake in shares of Caleres by 39.1% during the fourth quarter. Paradigm Capital Management Inc. NY now owns 911,599 shares of the textile maker’s stock worth $11,094,000 after purchasing an additional 256,155 shares in the last quarter. Institutional investors and hedge funds own 98.44% of the company’s stock.

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.