Caleres (NYSE:CAL) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Caleres, Inc. (NYSE:CAL)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $12.38 and traded as high as $14.54. Caleres shares last traded at $14.49, with a volume of 431,728 shares.

Wall Street Analyst Weigh In

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

Caleres Stock Performance

The company’s 50 day simple moving average is $12.87 and its 200 day simple moving average is $12.38. The stock has a market cap of $486.72 million, a PE ratio of -1,447.55 and a beta of 0.76.

Caleres (NYSE:CAL) last announced its earnings results on Thursday, June 4th. The textile maker reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.01. The firm had revenue of $666.60 million for the quarter, compared to the consensus estimate of $662.63 million. Caleres had a return on equity of 7.33% and a net margin of 0.02%.The company’s revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.22 EPS. 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 research analysts expect that Caleres, Inc. will post 1.63 earnings per share for the current year.

Caleres Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 11th were paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Thursday, June 11th. Caleres’s dividend payout ratio is -2,800.00%.

Insider Activity

In other news, insider Daniel R. Freidman sold 11,207 shares of the firm’s stock in a transaction on 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 of the company’s stock, valued at $971,700. This trade represents a 14.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.10% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Caleres

Several institutional investors have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. raised its position in Caleres by 1,662.8% in the second quarter. Osaic Holdings Inc. now owns 1,992 shares of the textile maker’s stock worth $25,000 after acquiring an additional 1,879 shares during the period. Global Retirement Partners LLC bought a new position in shares of Caleres during the 4th quarter valued at approximately $25,000. Quadrant Capital Group LLC grew its position in shares of Caleres by 1,032.4% during the 4th quarter. Quadrant Capital Group LLC now owns 2,412 shares of the textile maker’s stock valued at $29,000 after acquiring an additional 2,199 shares during the period. Royal Bank of Canada increased its stake in shares of Caleres by 181.7% during the 1st quarter. Royal Bank of Canada now owns 12,047 shares of the textile maker’s stock worth $127,000 after purchasing an additional 7,771 shares during the last quarter. Finally, Nomura Holdings Inc. purchased a new stake in shares of Caleres during the 2nd quarter worth approximately $136,000. Institutional investors 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.