Caleres (NYSE:CAL – Get Free Report) updated its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.620-0.700 for the period, compared to the consensus EPS estimate of 0.830. The company issued revenue guidance of -. Caleres also updated its FY 2026 guidance to 1.500-1.650 EPS.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on CAL shares. KeyCorp reissued a “sector weight” rating on shares of Caleres in a report on Friday, June 5th. Weiss Ratings restated a “sell (d+)” rating on shares of Caleres in a report on Friday, July 31st. Zacks Research lowered shares of Caleres from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 1st. Finally, Wall Street Zen cut shares of Caleres from a “buy” rating to a “hold” rating in a research note on Saturday, August 29th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Caleres presently has a consensus rating of “Reduce”.
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Caleres Stock Performance
Caleres Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be given a dividend of $0.07 per share. The ex-dividend date is Friday, September 11th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.3%. Caleres’s dividend payout ratio (DPR) is -2,800.00%.
Institutional Trading of Caleres
Several large investors have recently added to or reduced their stakes in CAL. Global Retirement Partners LLC acquired a new stake in shares of Caleres during the fourth quarter worth approximately $25,000. Osaic Holdings Inc. raised its stake in shares of 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 acquiring an additional 1,879 shares during the last quarter. Quadrant Capital Group LLC boosted its holdings in shares of Caleres by 1,032.4% in the 4th quarter. Quadrant Capital Group LLC now owns 2,412 shares of the textile maker’s stock worth $29,000 after acquiring an additional 2,199 shares in the last quarter. Nomura Holdings Inc. acquired a new position in shares of Caleres in the 2nd quarter worth approximately $136,000. Finally, Entropy Technologies LP acquired a new position in shares of Caleres in the 3rd quarter worth approximately $150,000. 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.
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