Seaport Research Partners Forecasts Strong Price Appreciation for Caleres (NYSE:CAL) Stock

Caleres (NYSE:CAL) had its price objective increased by investment analysts at Seaport Research Partners from $14.00 to $16.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the textile maker’s stock. Seaport Research Partners’ price target would indicate a potential upside of 43.63% from the stock’s previous close.

CAL has been the topic of a number of other research reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of Caleres in a research note on Wednesday, January 21st. Zacks Research upgraded shares of Caleres from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 26th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Caleres currently has an average rating of “Reduce” and a consensus price target of $14.00.

Caleres Trading Up 5.6%

CAL traded up $0.59 on Thursday, hitting $11.14. 399,379 shares of the stock traded hands, compared to its average volume of 616,667. The business has a fifty day moving average price of $12.02 and a two-hundred day moving average price of $12.59. Caleres has a 52 week low of $8.80 and a 52 week high of $18.27. The firm has a market capitalization of $377.65 million, a PE ratio of 17.68 and a beta of 0.64.

Caleres (NYSE:CAL) last announced its quarterly earnings data on Thursday, March 19th. The textile maker reported ($0.36) earnings per share for the quarter, topping the consensus estimate of ($0.40) by $0.04. The company had revenue of $695.06 million for the quarter, compared to analyst estimates of $688.43 million. Caleres had a return on equity of 8.62% and a net margin of 0.78%.Caleres’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.33 EPS. On average, equities research analysts forecast that Caleres will post 3.23 EPS for the current fiscal year.

Institutional Trading of Caleres

A number of hedge funds and other institutional investors have recently modified their holdings of CAL. Invenomic Capital Management LP increased its stake in shares of Caleres by 19.7% in the 3rd quarter. Invenomic Capital Management LP now owns 871,600 shares of the textile maker’s stock valued at $11,366,000 after buying an additional 143,175 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in shares of Caleres during the third quarter valued at $1,188,000. Federated Hermes Inc. lifted its stake in shares of Caleres by 57.3% during the third quarter. Federated Hermes Inc. now owns 503,122 shares of the textile maker’s stock valued at $6,561,000 after acquiring an additional 183,287 shares during the period. SG Americas Securities LLC bought a new position in Caleres in the second quarter valued at about $328,000. Finally, Capital Fund Management S.A. increased its position in Caleres by 346.1% in the second quarter. Capital Fund Management S.A. now owns 72,657 shares of the textile maker’s stock worth $888,000 after purchasing an additional 56,370 shares during the period. Institutional investors and hedge funds own 98.44% of the company’s stock.

Caleres News Roundup

Here are the key news stories impacting Caleres this week:

• Positive Sentiment: Q4 beats and Brand Portfolio strength — Caleres reported Q4 sales of $695.1M (up 8.7%) and EPS that beat consensus; Brand Portfolio sales rose ~20.3% with organic sales +1.5%, supporting near‑term top‑line momentum. Read More.
• Positive Sentiment: Management guidance aims for profitability and margin recovery — Company guided for a return to profits in FY26 and expects 140–180 bps of gross‑margin improvement (tariff mitigation, pricing), which drove bullish investor reaction. Read More.
• Neutral Sentiment: Market reaction and coverage — Several outlets highlight the upside move and context (earnings call transcript, slide deck and coverage noting e‑commerce growth). These sources provide detail but don’t change the fundamentals. Read More.
• Negative Sentiment: Underlying operational and valuation concerns — Analysts warn organic sales were essentially flat and margins were pressured (acquisition‑related deleverage). One analyst suggests CAL is fairly valued (roughly $10.50 target) and highlights leverage and execution risks. Read More.
• Negative Sentiment: Sell signal from a rankings service — Zacks added CAL to its Rank #5 (Strong Sell) list, which may pressure sentiment among retail and quant‑driven investors. Read More.

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.