Equities Analysts Offer Predictions for Caleres Q3 Earnings

Caleres, Inc. (NYSE:CAL) – Stock analysts at Telsey Advisory Group dropped their Q3 2026 earnings per share (EPS) estimates for Caleres in a research report issued on Friday, August 29th. Telsey Advisory Group analyst D. Telsey now anticipates that the textile maker will post earnings per share of $1.02 for the quarter, down from their prior estimate of $1.09. The consensus estimate for Caleres’ current full-year earnings is $3.23 per share. Telsey Advisory Group also issued estimates for Caleres’ Q4 2026 earnings at $0.28 EPS, FY2026 earnings at $2.00 EPS, Q1 2027 earnings at $0.51 EPS, Q2 2027 earnings at $0.66 EPS, Q3 2027 earnings at $1.14 EPS, Q4 2027 earnings at $0.34 EPS and FY2027 earnings at $2.65 EPS.

Separately, Loop Capital cut their price target on Caleres from $16.00 to $14.00 and set a “hold” rating for the company in a research note on Friday, May 30th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $14.00.

Caleres Stock Down 2.5%

NYSE:CAL opened at $14.98 on Monday. The company has a market capitalization of $506.46 million, a PE ratio of 6.24 and a beta of 1.07. Caleres has a 52-week low of $12.09 and a 52-week high of $43.34. The stock has a fifty day simple moving average of $14.17 and a 200-day simple moving average of $15.19.

Caleres (NYSE:CAL) last released its earnings results on Thursday, May 29th. The textile maker reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.15). The business had revenue of $614.22 million during the quarter, compared to analyst estimates of $622.93 million. Caleres had a net margin of 3.11% and a return on equity of 14.94%. Caleres’s revenue was down 6.8% compared to the same quarter last year. During the same period last year, the business posted $0.88 EPS.

Institutional Trading of Caleres

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Caleres by 3.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,448 shares of the textile maker’s stock worth $450,000 after purchasing an additional 643 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in Caleres by 5.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,363 shares of the textile maker’s stock worth $151,000 after purchasing an additional 693 shares in the last quarter. SummerHaven Investment Management LLC increased its position in Caleres by 3.3% during the 1st quarter. SummerHaven Investment Management LLC now owns 24,569 shares of the textile maker’s stock worth $423,000 after purchasing an additional 785 shares in the last quarter. GAMMA Investing LLC increased its position in Caleres by 15.3% during the 2nd quarter. GAMMA Investing LLC now owns 6,903 shares of the textile maker’s stock worth $84,000 after purchasing an additional 915 shares in the last quarter. Finally, Franklin Resources Inc. increased its position in Caleres by 5.6% during the 2nd quarter. Franklin Resources Inc. now owns 18,902 shares of the textile maker’s stock worth $231,000 after purchasing an additional 1,007 shares in the last quarter. Hedge funds and other institutional investors own 98.44% of the company’s stock.

Caleres Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 26th. Investors of record on Friday, September 12th will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Friday, September 12th. Caleres’s dividend payout ratio (DPR) is currently 11.67%.

About Caleres

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.