FY2025 Earnings Forecast for Caleres Issued By KeyCorp

Caleres, Inc. (NYSE:CAL) – Stock analysts at KeyCorp issued their FY2025 earnings estimates for Caleres in a research report issued on Wednesday, January 22nd. KeyCorp analyst A. Owens forecasts that the textile maker will post earnings of $3.23 per share for the year. The consensus estimate for Caleres’ current full-year earnings is $3.24 per share. KeyCorp also issued estimates for Caleres’ Q4 2025 earnings at $0.24 EPS, FY2026 earnings at $3.70 EPS and FY2027 earnings at $4.48 EPS.

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

Other equities analysts also recently issued research reports about the stock. StockNews.com downgraded shares of Caleres from a “buy” rating to a “hold” rating in a report on Thursday, October 3rd. Loop Capital cut their price objective on shares of Caleres from $30.00 to $25.00 and set a “hold” rating on the stock in a research note on Friday, December 6th.

Caleres Stock Performance

Shares of CAL opened at $19.76 on Monday. Caleres has a 1 year low of $19.21 and a 1 year high of $44.51. The company has a market cap of $664.37 million, a price-to-earnings ratio of 4.40 and a beta of 1.96. The firm has a fifty day moving average of $24.94 and a 200-day moving average of $31.30.

Institutional Investors Weigh In On Caleres

Hedge funds and other institutional investors have recently bought and sold shares of the business. Pacer Advisors Inc. purchased a new position in Caleres in the 3rd quarter worth about $49,783,000. FMR LLC increased its stake in Caleres by 30.1% in the 3rd quarter. FMR LLC now owns 929,968 shares of the textile maker’s stock worth $30,735,000 after purchasing an additional 215,372 shares in the last quarter. Landscape Capital Management L.L.C. purchased a new position in Caleres in the 3rd quarter worth about $4,184,000. JPMorgan Chase & Co. increased its stake in Caleres by 42.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 418,722 shares of the textile maker’s stock worth $13,839,000 after purchasing an additional 124,266 shares in the last quarter. Finally, Millennium Management LLC increased its stake in Caleres by 58.8% in the 2nd quarter. Millennium Management LLC now owns 221,082 shares of the textile maker’s stock worth $7,428,000 after purchasing an additional 81,836 shares in the last quarter. 98.44% of the stock is currently owned by institutional investors.

Insider Activity at Caleres

In other Caleres news, Director Kyle Gendreau purchased 5,000 shares of the company’s stock in a transaction on Friday, January 17th. The shares were purchased at an average cost of $19.93 per share, for a total transaction of $99,650.00. Following the completion of the transaction, the director now owns 5,000 shares in the company, valued at $99,650. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 3.80% of the company’s stock.

Caleres Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, December 27th were paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date was Friday, December 27th. Caleres’s dividend payout ratio is currently 6.24%.

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.