What is Seaport Res Ptn’s Forecast for Caleres Q4 Earnings?

Caleres, Inc. (NYSE:CAL) – Seaport Res Ptn reduced their Q4 2025 earnings per share estimates for shares of Caleres in a report released on Monday, January 13th. Seaport Res Ptn analyst M. Kummetz now anticipates that the textile maker will earn $0.25 per share for the quarter, down from their previous estimate of $0.55. The consensus estimate for Caleres’ current full-year earnings is $3.50 per share.

Several other brokerages have also recently issued reports on CAL. StockNews.com cut Caleres from a “buy” rating to a “hold” rating in a research note on Thursday, October 3rd. Loop Capital dropped their price target on Caleres from $30.00 to $25.00 and set a “hold” rating on the stock in a research report on Friday, December 6th.

Caleres Stock Performance

Shares of Caleres stock opened at $19.78 on Thursday. The firm has a market cap of $665.03 million, a PE ratio of 4.40 and a beta of 1.96. Caleres has a 1 year low of $19.75 and a 1 year high of $44.51. The firm’s 50-day simple moving average is $26.06 and its 200-day simple moving average is $31.75.

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

Hedge Funds Weigh In On Caleres

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Barclays PLC lifted its holdings in shares of Caleres by 108.8% in the 3rd quarter. Barclays PLC now owns 55,776 shares of the textile maker’s stock worth $1,843,000 after purchasing an additional 29,057 shares during the last quarter. FMR LLC grew its stake in Caleres by 30.1% during the 3rd quarter. FMR LLC now owns 929,968 shares of the textile maker’s stock worth $30,735,000 after buying an additional 215,372 shares during the last quarter. Victory Capital Management Inc. increased its position in Caleres by 83.8% in the second quarter. Victory Capital Management Inc. now owns 61,959 shares of the textile maker’s stock worth $2,082,000 after buying an additional 28,250 shares during the period. Royce & Associates LP lifted its stake in Caleres by 13.8% in the third quarter. Royce & Associates LP now owns 631,810 shares of the textile maker’s stock valued at $20,881,000 after buying an additional 76,837 shares during the last quarter. Finally, Leuthold Group LLC acquired a new position in shares of Caleres during the second quarter valued at $2,391,000. 98.44% of the stock is currently owned by institutional investors and hedge funds.

Caleres Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, December 27th were issued a $0.07 dividend. 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 1.42%. 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.