Caleres (NYSE:CAL) Shares Pass Above Two Hundred Day Moving Average – Time to Sell?

Caleres, Inc. (NYSE:CAL)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $12.40 and traded as high as $13.34. Caleres shares last traded at $12.92, with a volume of 496,938 shares trading hands.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Zacks Research cut shares of Caleres from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 1st. KeyCorp restated a “sector weight” rating on shares of Caleres in a research note on Friday, June 5th. Wall Street Zen raised Caleres from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Caleres in a research report on Friday, July 31st. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Caleres has a consensus rating of “Reduce”.

Caleres Price Performance

The firm has a market capitalization of $433.98 million, a price-to-earnings ratio of -1,290.71 and a beta of 0.76. The business’s 50-day moving average price is $12.85 and its 200 day moving average price is $12.40.

Caleres (NYSE:CAL) last released its quarterly earnings results on Thursday, June 4th. The textile maker reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.01. Caleres had a net margin of 0.02% and a return on equity of 7.33%. The business had revenue of $666.60 million during the quarter, compared to analyst estimates of $662.63 million. During the same period last year, the business earned $0.22 EPS. The business’s revenue was up 8.5% on a year-over-year basis. Caleres has set its Q2 2026 guidance at 0.320-0.380 EPS and its FY 2026 guidance at 1.400-1.650 EPS. As a group, sell-side analysts expect that Caleres, Inc. will post 1.63 earnings per share for the current year.

Caleres Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 11th were given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Thursday, June 11th. Caleres’s dividend payout ratio is presently -2,800.00%.

Insider Buying and Selling at Caleres

In other news, insider Daniel R. Freidman sold 11,207 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was 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 in the company, valued at $971,700. This trade represents a 14.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. BlackRock Inc. purchased a new position in Caleres in the second quarter valued at about $48,870,000. Vanguard Group Inc. increased its holdings 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 last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Caleres by 56,997.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,836,841 shares of the textile maker’s stock valued at $22,354,000 after purchasing an additional 1,833,624 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Caleres by 21.7% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,474,671 shares of the textile maker’s stock valued at $15,543,000 after purchasing an additional 262,576 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Caleres by 18.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,092,075 shares of the textile maker’s stock valued at $13,291,000 after buying an additional 169,760 shares during 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.