Telsey Advisory Group Reduces Earnings Estimates for Caleres

Caleres, Inc. (NYSE:CAL) – Stock analysts at Telsey Advisory Group reduced their Q1 2026 earnings per share (EPS) estimates for shares of Caleres in a research report issued on Friday, March 14th. Telsey Advisory Group analyst D. Telsey now expects that the textile maker will earn $0.85 per share for the quarter, down from their prior forecast of $1.01. The consensus estimate for Caleres’ current full-year earnings is $3.23 per share. Telsey Advisory Group also issued estimates for Caleres’ Q2 2026 earnings at $0.88 EPS and FY2026 earnings at $3.50 EPS.

Separately, Loop Capital dropped their price objective on Caleres from $30.00 to $25.00 and set a “hold” rating for the company in a report on Friday, December 6th.

Caleres Stock Up 6.0 %

CAL stock opened at $16.39 on Monday. The company has a market cap of $551.31 million, a price-to-earnings ratio of 3.65 and a beta of 1.82. The business has a fifty day simple moving average of $18.00 and a 200-day simple moving average of $26.03. Caleres has a 52 week low of $15.00 and a 52 week high of $44.51.

Institutional Trading of Caleres

A number of institutional investors have recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC boosted its position in Caleres by 254.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,733 shares of the textile maker’s stock valued at $40,000 after buying an additional 1,244 shares during the last quarter. Golden State Wealth Management LLC purchased a new position in Caleres in the 4th quarter valued at about $59,000. Lee Danner & Bass Inc. purchased a new position in Caleres in the 4th quarter valued at about $81,000. Canada Pension Plan Investment Board purchased a new position in Caleres in the 4th quarter valued at about $86,000. Finally, KLP Kapitalforvaltning AS purchased a new position in Caleres in the 4th quarter valued at about $149,000. 98.44% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Caleres news, Director Kyle Gendreau purchased 5,000 shares of the firm’s stock in a transaction that occurred on Friday, January 17th. The stock was purchased at an average cost of $19.93 per share, with a total value of $99,650.00. Following the transaction, the director now owns 5,000 shares in the company, valued at approximately $99,650. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.80% of the stock is owned by corporate insiders.

Caleres Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Thursday, March 27th will be given a dividend of $0.07 per share. The ex-dividend date is Thursday, March 27th. This represents a $0.28 dividend on an annualized basis and a yield of 1.71%. Caleres’s dividend payout ratio (DPR) is 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.