Caleres (NYSE:CAL) Updates Q2 2026 Earnings Guidance

Caleres (NYSE:CAL) updated its second quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.320-0.380 for the period, compared to the consensus estimate of 0.380. The company issued revenue guidance of -. Caleres also updated its FY 2026 guidance to 1.400-1.650 EPS.

Wall Street Analyst Weigh In

A number of research firms have issued reports on CAL. Zacks Research upgraded shares of Caleres from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 21st. KeyCorp reiterated a “sector weight” rating on shares of Caleres in a research report on Friday. Weiss Ratings upgraded shares of Caleres from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Wall Street Zen upgraded shares of Caleres from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Seaport Research Partners increased their target price on shares of Caleres from $14.00 to $16.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Caleres Trading Down 13.3%

Caleres stock opened at $12.32 on Friday. The company has a market capitalization of $415.69 million, a P/E ratio of -1,230.77 and a beta of 0.74. The firm’s fifty day simple moving average is $12.65 and its 200-day simple moving average is $12.34. Caleres has a 1-year low of $8.80 and a 1-year high of $16.14.

Caleres (NYSE:CAL) last released its quarterly earnings results on Thursday, June 4th. The textile maker reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.01. The business had revenue of $666.60 million for the quarter, compared to the consensus estimate of $662.64 million. Caleres had a net margin of 0.02% and a return on equity of 7.33%. Caleres’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter last year, the firm 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. On average, equities research analysts predict that Caleres will post 1.57 earnings per share for the current year.

Caleres Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Thursday, June 11th will be issued a dividend of $0.07 per share. The ex-dividend date is Thursday, June 11th. This represents a $0.28 annualized dividend and a dividend yield of 2.3%. Caleres’s payout ratio is presently -2,800.00%.

Insider Activity

In other news, insider Daniel R. Freidman sold 11,207 shares of Caleres stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $15.00, for a total transaction of $168,105.00. Following the sale, the insider directly owned 64,780 shares in the company, valued at approximately $971,700. The trade was a 14.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.10% of the company’s stock.

Institutional Trading of Caleres

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Global Retirement Partners LLC bought a new stake in Caleres in the fourth quarter valued at about $25,000. Osaic Holdings Inc. boosted 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 valued at $25,000 after buying an additional 1,879 shares in the last quarter. Quadrant Capital Group LLC boosted its position in Caleres by 1,032.4% in the fourth quarter. Quadrant Capital Group LLC now owns 2,412 shares of the textile maker’s stock valued at $29,000 after buying an additional 2,199 shares in the last quarter. Nomura Holdings Inc. acquired a new position in Caleres in the second quarter valued at about $136,000. Finally, Entropy Technologies LP acquired a new position in Caleres in the third quarter valued at about $150,000. Institutional investors own 98.44% of the company’s stock.

About Caleres

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.