Caleres (NYSE:CAL) Updates Q3 2026 Earnings Guidance

Caleres (NYSE:CAL) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.620-0.700 for the period, compared to the consensus estimate of 0.830. The company issued revenue guidance of -. Caleres also updated its FY 2026 guidance to 1.500-1.650 EPS.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Zacks Research lowered shares of Caleres from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st. Wall Street Zen cut shares of Caleres from a “buy” rating to a “hold” rating in a research report on Saturday, August 29th. KeyCorp restated a “sector weight” rating on shares of Caleres in a report on Friday, June 5th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Caleres in a report on Friday, July 31st. Two equities research 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 company currently has an average rating of “Reduce”.

Caleres Stock Performance

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

Caleres (NYSE:CAL) last issued its earnings results on Wednesday, September 9th. The textile maker reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.10. Caleres had a return on equity of 7.33% and a net margin of 0.02%.Caleres has set its Q3 2026 guidance at 0.620-0.700 EPS and its FY 2026 guidance at 1.500-1.650 EPS. Equities analysts predict that Caleres will post 1.62 earnings per share for the current year.

Caleres Dividend Announcement

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

Institutional Trading of Caleres

A number of institutional investors and hedge funds have recently modified their holdings of CAL. Metis Global Partners LLC purchased a new position in Caleres in the fourth quarter worth $214,000. Prelude Capital Management LLC bought a new stake in shares of Caleres during the 3rd quarter worth $168,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Caleres by 40.0% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,764 shares of the textile maker’s stock worth $206,000 after buying an additional 4,502 shares during the last quarter. Inceptionr LLC bought a new position in Caleres during the third quarter valued at about $211,000. Finally, Tower Research Capital LLC TRC increased its holdings in Caleres by 299.0% during the second quarter. Tower Research Capital LLC TRC now owns 17,711 shares of the textile maker’s stock worth $216,000 after buying an additional 13,272 shares during the last quarter. 98.44% of the stock is owned by hedge funds and other institutional investors.

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.