Telsey Advisory Group Predicts Reduced Earnings for Caleres

Caleres, Inc. (NYSE:CAL) – Equities researchers at Telsey Advisory Group decreased their FY2025 earnings per share estimates for Caleres in a note issued to investors on Tuesday, January 14th. Telsey Advisory Group analyst D. Telsey now expects that the textile maker will post earnings per share of $3.27 for the year, down from their prior forecast of $3.50. The consensus estimate for Caleres’ current full-year earnings is $3.50 per share. Telsey Advisory Group also issued estimates for Caleres’ Q3 2026 earnings at $1.39 EPS and FY2026 earnings at $3.79 EPS.

Caleres (NYSE:CAL) last announced its quarterly earnings data on Thursday, December 5th. The textile maker reported $1.23 earnings per share for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.15). The firm had revenue of $740.90 million for the quarter, compared to analysts’ expectations of $751.35 million. Caleres had a net margin of 5.69% and a return on equity of 22.71%. The business’s quarterly revenue was down 2.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.37 earnings per share.

A number of other brokerages have also recently commented on CAL. StockNews.com cut shares of Caleres from a “buy” rating to a “hold” rating in a research report on Thursday, October 3rd. Loop Capital decreased their price objective on Caleres from $30.00 to $25.00 and set a “hold” rating on the stock in a report on Friday, December 6th.

Caleres Stock Performance

Shares of CAL opened at $20.19 on Wednesday. Caleres has a fifty-two week low of $19.82 and a fifty-two week high of $44.51. The firm has a market cap of $678.89 million, a price-to-earnings ratio of 4.50 and a beta of 1.96. The firm has a 50 day moving average price of $26.26 and a 200-day moving average price of $31.84.

Institutional Investors Weigh In On Caleres

Several institutional investors have recently added to or reduced their stakes in the company. nVerses Capital LLC increased its position in shares of Caleres by 125.0% in the third quarter. nVerses Capital LLC now owns 2,700 shares of the textile maker’s stock valued at $89,000 after acquiring an additional 1,500 shares during the period. Creative Planning purchased a new position in Caleres during the 3rd quarter valued at about $204,000. Y Intercept Hong Kong Ltd purchased a new position in Caleres during the 3rd quarter valued at about $228,000. AXA S.A. lifted its holdings in Caleres by 28.5% in the 2nd quarter. AXA S.A. now owns 6,939 shares of the textile maker’s stock worth $233,000 after buying an additional 1,540 shares during the period. Finally, Olympiad Research LP grew its position in shares of Caleres by 37.3% in the 3rd quarter. Olympiad Research LP now owns 10,530 shares of the textile maker’s stock worth $348,000 after buying an additional 2,859 shares during the last quarter. Hedge funds and other institutional investors own 98.44% of the company’s stock.

Caleres Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, December 27th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Friday, December 27th. This represents a $0.28 dividend on an annualized basis and a yield of 1.39%. Caleres’s dividend payout ratio is currently 6.24%.

Caleres Company Profile

Caleres, Inc engages in the retail and wholesale of footwear business in the United States, Canada, East Asia, and internationally. It operates through Famous Footwear and Brand Portfolio segments. The company offers licensed, branded, and private-label athletic, casual, and dress footwear products. The company provides brand name athletic, casual, and dress shoes, including Nike, Skechers, adidas, Vans, Crocs, Converse, Puma, Birkenstock, New Balance, Under Armour, Dr.