Research Analysts Offer Predictions for Caleres Q2 Earnings

Caleres, Inc. (NYSE:CAL) – Equities research analysts at Seaport Res Ptn issued their Q2 2026 earnings per share estimates for shares of Caleres in a research report issued to clients and investors on Thursday, March 20th. Seaport Res Ptn analyst M. Kummetz anticipates that the textile maker will post earnings of $0.85 per share for the quarter. The consensus estimate for Caleres’ current full-year earnings is $3.23 per share. Seaport Res Ptn also issued estimates for Caleres’ Q3 2026 earnings at $1.36 EPS, Q4 2026 earnings at $0.42 EPS, FY2027 earnings at $3.37 EPS and FY2028 earnings at $3.78 EPS.

Caleres (NYSE:CAL) last announced its quarterly earnings data on Thursday, March 20th. The textile maker reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.06. The business had revenue of $639.20 million during the quarter, compared to analysts’ expectations of $645.79 million. Caleres had a return on equity of 22.71% and a net margin of 5.69%. The business’s quarterly revenue was down 8.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.86 EPS.

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

Caleres Stock Performance

Shares of CAL opened at $16.56 on Monday. The stock has a 50-day simple moving average of $17.59 and a 200-day simple moving average of $25.34. The stock has a market capitalization of $556.90 million, a PE ratio of 3.69 and a beta of 1.82. Caleres has a 1 year low of $15.00 and a 1 year high of $44.51.

Institutional Investors Weigh In On Caleres

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

Insider Buying and Selling

In other Caleres news, Director Kyle Gendreau bought 5,000 shares of the firm’s stock in a transaction that occurred on Friday, January 17th. The stock was purchased at an average price of $19.93 per share, for a total transaction of $99,650.00. Following the completion of the purchase, the director now directly owns 5,000 shares in the company, valued at $99,650. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.80% of the stock is owned by company insiders.

Caleres Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Thursday, March 27th will be paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.69%. The ex-dividend date is Thursday, March 27th. Caleres’s payout ratio is 9.12%.

About Caleres

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.