Caleres (CAL) to Release Earnings on Wednesday

Caleres (NYSE:CAL) is expected to post its Q2 2027 results before the market opens on Wednesday, September 9th. Analysts expect the company to announce earnings of $0.3685 per share and revenue of $702.4850 million for the quarter. Parties can check the company’s upcoming Q2 2027 earning overview page for the latest details on the call scheduled for Wednesday, September 9, 2026 at 10:00 AM ET.

Caleres (NYSE:CAL) last announced its quarterly earnings results on Thursday, June 4th. The textile maker reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.01. Caleres had a net margin of 0.02% and a return on equity of 7.33%. The firm had revenue of $666.60 million for the quarter, compared to analyst estimates of $662.63 million. During the same quarter in the previous year, the firm posted $0.22 EPS. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. On average, analysts expect Caleres to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Caleres Stock Up 0.1%

NYSE:CAL opened at $12.44 on Monday. Caleres has a 12-month low of $8.80 and a 12-month high of $16.14. The firm has a market capitalization of $417.86 million, a PE ratio of -1,242.76 and a beta of 0.75. The firm has a 50-day moving average price of $12.71 and a 200 day moving average price of $12.44.

Caleres Dividend Announcement

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

Hedge Funds Weigh In On Caleres

Several hedge funds have recently modified their holdings of CAL. AQR Capital Management LLC grew its stake in Caleres by 143.2% in the first quarter. AQR Capital Management LLC now owns 90,546 shares of the textile maker’s stock valued at $1,560,000 after purchasing an additional 53,320 shares in the last quarter. Empowered Funds LLC lifted its stake in shares of Caleres by 4.2% during the 1st quarter. Empowered Funds LLC now owns 162,814 shares of the textile maker’s stock worth $2,805,000 after buying an additional 6,502 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Caleres by 4.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 105,137 shares of the textile maker’s stock worth $1,812,000 after acquiring an additional 4,175 shares during the period. Franklin Resources Inc. grew its stake in shares of Caleres by 5.6% in the second quarter. Franklin Resources Inc. now owns 18,902 shares of the textile maker’s stock valued at $231,000 after acquiring an additional 1,007 shares in the last quarter. Finally, Rhumbline Advisers boosted its stake in shares of Caleres by 2.4% in the second quarter. Rhumbline Advisers now owns 99,677 shares of the textile maker’s stock valued at $1,218,000 after buying an additional 2,352 shares during the period. Institutional investors own 98.44% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of Caleres in a research report on Friday, July 31st. KeyCorp reaffirmed a “sector weight” rating on shares of Caleres in a research note on Friday, June 5th. Wall Street Zen cut shares of Caleres from a “buy” rating to a “hold” rating in a research note on Saturday, August 29th. Finally, Zacks Research cut Caleres from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 1st. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently 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.