FY2025 Earnings Forecast for Caleres Issued By KeyCorp

Caleres, Inc. (NYSE:CAL) – Research analysts at KeyCorp issued their FY2025 earnings per share (EPS) estimates for Caleres in a research note issued to investors on Wednesday, January 22nd. KeyCorp analyst A. Owens expects that the textile maker will earn $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.

Other equities research analysts also recently issued research reports about the stock. Loop Capital decreased their price target 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. StockNews.com cut Caleres from a “buy” rating to a “hold” rating in a report on Thursday, October 3rd.

Caleres Price Performance

Shares of CAL opened at $19.36 on Monday. The business’s 50 day simple moving average is $24.53 and its 200-day simple moving average is $31.11. Caleres has a 1 year low of $19.21 and a 1 year high of $44.51. The stock has a market capitalization of $650.94 million, a price-to-earnings ratio of 4.31 and a beta of 1.96.

Caleres (NYSE:CAL) last posted its earnings results 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 firm had revenue of $740.90 million during the quarter, compared to analysts’ expectations of $751.35 million. Caleres had a return on equity of 22.71% and a net margin of 5.69%. Caleres’s quarterly revenue was down 2.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.37 earnings per share.

Hedge Funds Weigh In On Caleres

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Louisiana State Employees Retirement System increased its holdings in Caleres by 2.4% in the third quarter. Louisiana State Employees Retirement System now owns 17,000 shares of the textile maker’s stock valued at $562,000 after buying an additional 400 shares during the last quarter. Franklin Resources Inc. grew its position in shares of Caleres by 1.7% in the 3rd quarter. Franklin Resources Inc. now owns 27,905 shares of the textile maker’s stock worth $908,000 after acquiring an additional 479 shares in the last quarter. State of Alaska Department of Revenue increased its holdings in shares of Caleres by 3.2% in the 3rd quarter. State of Alaska Department of Revenue now owns 20,047 shares of the textile maker’s stock valued at $662,000 after acquiring an additional 628 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Caleres by 4.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,743 shares of the textile maker’s stock valued at $563,000 after acquiring an additional 761 shares in the last quarter. Finally, Quest Partners LLC lifted its stake in Caleres by 6.6% during the third quarter. Quest Partners LLC now owns 14,028 shares of the textile maker’s stock worth $464,000 after purchasing an additional 869 shares during the last quarter. 98.44% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Kyle Gendreau bought 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, for a total transaction of $99,650.00. Following the purchase, the director now directly owns 5,000 shares in the company, valued at approximately $99,650. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.80% of the stock is owned by company insiders.

Caleres Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, December 27th were given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.45%. The ex-dividend date was Friday, December 27th. Caleres’s 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.