Shares of Caleres Inc (NYSE:CAL) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $20.79 and traded as high as $22.34. Caleres shares last traded at $21.79, with a volume of 166,645 shares traded.

Several research firms recently commented on CAL. Loop Capital decreased their price target on shares of Caleres to $25.00 and set a “buy” rating for the company in a report on Tuesday, November 26th. Zacks Investment Research upgraded shares of Caleres from a “sell” rating to a “hold” rating in a report on Monday, January 6th. ValuEngine upgraded shares of Caleres from a “sell” rating to a “hold” rating in a report on Tuesday, December 3rd. Susquehanna Bancshares restated a “buy” rating and set a $26.00 price target on shares of Caleres in a report on Tuesday, November 26th. Finally, Needham & Company LLC restated a “buy” rating and set a $24.00 price target on shares of Caleres in a report on Wednesday, November 27th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $26.80.

The company has a debt-to-equity ratio of 1.27, a current ratio of 1.01 and a quick ratio of 0.29. The stock has a market capitalization of $890.35 million, a price-to-earnings ratio of 9.60 and a beta of 0.85. The stock’s 50 day simple moving average is $22.77 and its 200-day simple moving average is $20.86.

Caleres (NYSE:CAL) last posted its earnings results on Monday, November 25th. The textile maker reported $0.78 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.81 by ($0.03). The business had revenue of $792.40 million during the quarter, compared to analyst estimates of $819.97 million. Caleres had a negative net margin of 0.44% and a positive return on equity of 13.84%. Caleres’s revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.81 earnings per share. As a group, equities research analysts anticipate that Caleres Inc will post 2.37 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Tuesday, December 24th were paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date was Monday, December 23rd. Caleres’s dividend payout ratio (DPR) is presently 12.67%.

A number of hedge funds and other institutional investors have recently bought and sold shares of CAL. First Trust Advisors LP lifted its stake in Caleres by 28.8% in the first quarter. First Trust Advisors LP now owns 58,242 shares of the textile maker’s stock valued at $1,438,000 after acquiring an additional 13,035 shares during the last quarter. Schroder Investment Management Group raised its position in shares of Caleres by 27.9% in the second quarter. Schroder Investment Management Group now owns 801,905 shares of the textile maker’s stock valued at $15,974,000 after purchasing an additional 175,003 shares during the period. Bank of Montreal Can raised its position in shares of Caleres by 267.0% in the second quarter. Bank of Montreal Can now owns 4,782 shares of the textile maker’s stock valued at $96,000 after purchasing an additional 3,479 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of Caleres by 5.3% in the second quarter. Charles Schwab Investment Management Inc. now owns 527,702 shares of the textile maker’s stock valued at $10,512,000 after purchasing an additional 26,682 shares during the period. Finally, Bank of New York Mellon Corp raised its position in shares of Caleres by 4.7% in the second quarter. Bank of New York Mellon Corp now owns 652,653 shares of the textile maker’s stock valued at $13,002,000 after purchasing an additional 29,439 shares during the period. Hedge funds and other institutional investors own 97.33% of the company’s stock.

Caleres Company Profile (NYSE:CAL)

Caleres, Inc engages in the retail and wholesale of footwear in the United States, Canada, Guam, and Italy. It operates through Famous Footwear and Brand Portfolio segments. The company offers licensed, branded, and private-label casual, dress, and athletic footwear products to women, men, and children.

Featured Article: Golden Cross

Receive News & Ratings for Caleres Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caleres and related companies with MarketBeat.com's FREE daily email newsletter.