News stories about Caleres (NYSE:CAL) have trended somewhat positive recently, Accern reports. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Caleres earned a news impact score of 0.13 on Accern’s scale. Accern also assigned headlines about the textile maker an impact score of 46.2771244195878 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Caleres (CAL) Stock Rating Lowered by ValuEngine (americanbankingnews.com)
- Caleres Inc (CAL) Receives Average Rating of “Hold” from Analysts (americanbankingnews.com)
- Form 4 CALERES INC For: Mar 15 Filed by: Robinson Malcolm (streetinsider.com)
- Caleres Inc (CAL) Insider Daniel R. Freidman Sells 2,000 Shares (americanbankingnews.com)
- Caleres Inc Expected to Post Q2 2019 Earnings of $0.53 Per Share (CAL) (americanbankingnews.com)
Caleres (NYSE:CAL) opened at $32.36 on Monday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.64 and a current ratio of 1.97. Caleres has a 52 week low of $22.39 and a 52 week high of $34.34. The stock has a market cap of $1,390.81, a P/E ratio of 15.94, a price-to-earnings-growth ratio of 1.19 and a beta of 1.07.
The business also recently declared a quarterly dividend, which will be paid on Monday, April 2nd. Shareholders of record on Monday, March 19th will be paid a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, March 16th. This represents a $0.28 dividend on an annualized basis and a yield of 0.87%. Caleres’s payout ratio is 13.79%.
Several research firms recently commented on CAL. Susquehanna Bancshares reiterated a “neutral” rating and set a $33.00 price objective (up previously from $32.00) on shares of Caleres in a research note on Tuesday, January 23rd. UBS lowered shares of Caleres from a “positive” rating to a “neutral” rating in a research note on Tuesday, January 23rd. Zacks Investment Research upgraded shares of Caleres from a “sell” rating to a “hold” rating in a research note on Wednesday, December 6th. ValuEngine upgraded shares of Caleres from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Finally, Wedbush reiterated an “outperform” rating and set a $35.00 price objective on shares of Caleres in a research note on Wednesday, March 14th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $33.83.
In other Caleres news, CEO Diane M. Sullivan sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 26th. The shares were sold at an average price of $34.00, for a total transaction of $510,000.00. Following the transaction, the chief executive officer now owns 609,578 shares in the company, valued at approximately $20,725,652. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Daniel R. Freidman sold 2,000 shares of the stock in a transaction on Monday, March 19th. The stock was sold at an average price of $31.81, for a total transaction of $63,620.00. Following the completion of the sale, the insider now owns 91,733 shares in the company, valued at approximately $2,918,026.73. The disclosure for this sale can be found here. Insiders have sold a total of 37,000 shares of company stock worth $1,192,620 in the last 90 days. 6.20% of the stock is currently owned by company insiders.
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Caleres, Inc, a footwear company, retails and wholesales footwear. The company operates through Famous Footwear and Brand Portfolio segments. It offers licensed, branded, and private-label casual, dress, and athletic footwear products to women, men, and children. The company operates retail shoe stores primarily under the Famous Footwear and Naturalizer names, which offer brand-name athletic, casual, and dress shoes, including company-owned and licensed brands, such as LifeStride, Dr.
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