Equities Analysts Set Expectations for Caleres Q1 Earnings

Caleres, Inc. (NYSE:CAL) – Equities researchers at Telsey Advisory Group lowered their Q1 2026 EPS estimates for Caleres in a report issued on Friday, December 6th. Telsey Advisory Group analyst D. Telsey now expects that the textile maker will post earnings of $1.01 per share for the quarter, down from their prior estimate of $1.04. The consensus estimate for Caleres’ current full-year earnings is $3.50 per share. Telsey Advisory Group also issued estimates for Caleres’ Q2 2026 earnings at $1.02 EPS and Q3 2026 earnings at $1.42 EPS.

Several other research firms have also recently weighed in on CAL. StockNews.com cut shares of Caleres from a “buy” rating to a “hold” rating in a report on Thursday, October 3rd. Loop Capital dropped their target price on shares of Caleres from $30.00 to $25.00 and set a “hold” rating for the company in a research report on Friday.

Caleres Stock Performance

CAL opened at $26.97 on Monday. The stock has a market capitalization of $949.34 million, a PE ratio of 6.01 and a beta of 1.92. The stock’s 50 day moving average price is $30.94 and its 200-day moving average price is $34.10. Caleres has a 52-week low of $26.05 and a 52-week high of $44.51.

Caleres (NYSE:CAL) last announced its quarterly earnings results on Thursday, December 5th. The textile maker reported $1.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.15). The business 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 firm’s revenue for the quarter was down 2.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.37 EPS.

Hedge Funds Weigh In On Caleres

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Principal Financial Group Inc. grew its position in shares of Caleres by 3.2% in the 3rd quarter. Principal Financial Group Inc. now owns 1,835,057 shares of the textile maker’s stock worth $60,648,000 after buying an additional 56,346 shares during the period. State Street Corp boosted its stake in Caleres by 3.1% during the third quarter. State Street Corp now owns 1,519,912 shares of the textile maker’s stock worth $50,233,000 after acquiring an additional 46,230 shares in the last quarter. Pacer Advisors Inc. purchased a new stake in Caleres in the third quarter worth about $49,783,000. FMR LLC increased its stake in shares of Caleres by 30.1% during the third quarter. FMR LLC now owns 929,968 shares of the textile maker’s stock valued at $30,735,000 after purchasing an additional 215,372 shares in the last quarter. Finally, American Century Companies Inc. increased its stake in shares of Caleres by 25.6% during the second quarter. American Century Companies Inc. now owns 901,852 shares of the textile maker’s stock valued at $30,302,000 after purchasing an additional 183,594 shares in the last quarter. Hedge funds and other institutional investors own 98.44% of the company’s stock.

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.