Caleres (NYSE:CAL) Issues Q1 2026 Earnings Guidance

Caleres (NYSE:CAL) issued an update on its first quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.250-0.300 for the period, compared to the consensus earnings per share estimate of 0.280. The company issued revenue guidance of -. Caleres also updated its FY 2026 guidance to 1.350-1.650 EPS.

Caleres Stock Performance

NYSE:CAL opened at $12.49 on Friday. The stock has a 50-day simple moving average of $11.33 and a two-hundred day simple moving average of $12.16. Caleres has a 52-week low of $8.80 and a 52-week high of $18.27. The firm has a market capitalization of $422.66 million, a PE ratio of -56.77 and a beta of 0.58.

Caleres (NYSE:CAL) last released its quarterly earnings results on Thursday, March 19th. The textile maker reported ($0.36) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.40) by $0.04. Caleres had a positive return on equity of 6.49% and a negative net margin of 0.24%.The business had revenue of $695.06 million during the quarter, compared to analyst estimates of $688.43 million. During the same quarter in the previous year, the company posted $0.33 earnings per share. Caleres’s revenue for the quarter was up 8.7% on a year-over-year basis. Equities analysts forecast that Caleres will post 3.23 earnings per share for the current fiscal year.

Caleres Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Thursday, March 26th will be issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, March 26th. Caleres’s payout ratio is currently -127.27%.

Wall Street Analyst Weigh In

CAL has been the subject of several recent research reports. Zacks Research raised Caleres from a “strong sell” rating to a “hold” rating in a report on Thursday, February 26th. Weiss Ratings reissued a “sell (d+)” rating on shares of Caleres in a report on Wednesday, January 21st. Finally, Seaport Research Partners boosted their price target on Caleres from $14.00 to $16.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $14.00.

Hedge Funds Weigh In On Caleres

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CANADA LIFE ASSURANCE Co boosted its stake in Caleres by 12.8% during the second quarter. CANADA LIFE ASSURANCE Co now owns 29,795 shares of the textile maker’s stock valued at $364,000 after buying an additional 3,385 shares during the last quarter. iSAM Funds UK Ltd bought a new position in Caleres during the third quarter valued at approximately $363,000. Inceptionr LLC boosted its stake in Caleres by 66.5% during the fourth quarter. Inceptionr LLC now owns 26,939 shares of the textile maker’s stock valued at $328,000 after buying an additional 10,756 shares during the last quarter. State of Wisconsin Investment Board bought a new position in Caleres during the fourth quarter valued at approximately $302,000. Finally, Rafferty Asset Management LLC raised its position in Caleres by 14.3% during the second quarter. Rafferty Asset Management LLC now owns 20,044 shares of the textile maker’s stock valued at $245,000 after purchasing an additional 2,515 shares during the period. 98.44% of the stock is owned by 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.