Caleres (NYSE:CAL) Posts Quarterly Earnings Results, Beats Estimates By $0.10 EPS

Caleres (NYSE:CAL) posted its quarterly earnings results on Wednesday. The textile maker reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.10, Zacks reports. Caleres had a return on equity of 7.33% and a net margin of 0.02%.During the same period last year, the firm earned $0.20 earnings per share. Caleres updated its Q3 2026 guidance to 0.620-0.700 EPS and its FY 2026 guidance to 1.500-1.650 EPS.

Caleres Stock Performance

Shares of NYSE CAL opened at $12.06 on Wednesday. The stock’s 50-day simple moving average is $12.70 and its 200-day simple moving average is $12.44. The firm has a market capitalization of $405.10 million, a PE ratio of -1,204.80 and a beta of 0.75. Caleres has a fifty-two week low of $8.80 and a fifty-two week high of $16.14.

Caleres Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be issued a $0.07 dividend. The ex-dividend date is Friday, September 11th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.3%. Caleres’s dividend payout ratio is presently -2,800.00%.

Institutional Trading of Caleres

Several institutional investors have recently modified their holdings of CAL. Global Retirement Partners LLC purchased a new position in shares of Caleres in the 4th quarter valued at $25,000. Osaic Holdings Inc. lifted its position in Caleres by 1,662.8% in the second quarter. Osaic Holdings Inc. now owns 1,992 shares of the textile maker’s stock valued at $25,000 after acquiring an additional 1,879 shares during the last quarter. Quadrant Capital Group LLC boosted its stake in Caleres by 1,032.4% in the fourth quarter. Quadrant Capital Group LLC now owns 2,412 shares of the textile maker’s stock valued at $29,000 after acquiring an additional 2,199 shares in the last quarter. Nomura Holdings Inc. purchased a new position in shares of Caleres during the second quarter worth about $136,000. Finally, Entropy Technologies LP purchased a new position in shares of Caleres during the third quarter worth about $150,000. Hedge funds and other institutional investors own 98.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on CAL. KeyCorp reissued a “sector weight” rating on shares of Caleres in a research note on Friday, June 5th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Caleres in a report on Friday, July 31st. Zacks Research cut shares of Caleres from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 1st. Finally, Wall Street Zen lowered shares of Caleres from a “buy” rating to a “hold” rating in a research report on Saturday, August 29th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Reduce”.

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.