Caleres, Inc. Declares Quarterly Dividend of $0.07 (NYSE:CAL)

Caleres, Inc. (NYSE:CAL) declared a quarterly dividend on Friday, August 28th. Investors of record on Friday, September 11th will be paid a dividend of 0.07 per share by the textile maker on Friday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Friday, September 11th.

Caleres has a dividend payout ratio of 8.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Caleres to earn $2.28 per share next year, which means the company should continue to be able to cover its $0.28 annual dividend with an expected future payout ratio of 12.3%.

Caleres Trading Down 0.1%

Caleres stock traded down $0.01 on Friday, reaching $12.53. 388,822 shares of the stock were exchanged, compared to its average volume of 609,804. The stock has a market cap of $420.88 million, a PE ratio of -1,251.75 and a beta of 0.76. The firm has a fifty day moving average price of $12.78 and a two-hundred day moving average price of $12.43. Caleres has a twelve month low of $8.80 and a twelve month high of $16.14.

Caleres (NYSE:CAL) last announced its quarterly earnings data on Thursday, June 4th. The textile maker reported $0.38 EPS 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 quarter in the prior year, the business earned $0.22 earnings per share. The firm’s revenue for the quarter 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. Equities analysts anticipate that Caleres will post 1.63 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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