Caleres (NYSE:CAL) Updates Q1 2025 Earnings Guidance

Caleres (NYSE:CAL) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.350-0.400 for the period, compared to the consensus estimate of 0.880. The company issued revenue guidance of $619.6 million-$626.2 million, compared to the consensus revenue estimate of $652.6 million.

Wall Street Analyst Weigh In

Separately, Loop Capital lowered 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 $16.40 on Thursday. Caleres has a fifty-two week low of $15.00 and a fifty-two week high of $44.51. The company has a market capitalization of $551.45 million, a PE ratio of 3.65 and a beta of 1.82. The stock has a fifty day moving average of $17.78 and a two-hundred day moving average of $25.78.

Caleres (NYSE:CAL) last released its earnings results on Thursday, March 20th. The textile maker reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.06. Caleres had a net margin of 5.69% and a return on equity of 22.71%. The business had revenue of $639.20 million for the quarter, compared to analysts’ expectations of $645.79 million. During the same period last year, the company earned $0.86 earnings per share. The company’s quarterly revenue was down 8.3% on a year-over-year basis. As a group, equities research analysts forecast that Caleres will post 3.23 earnings per share for the current fiscal year.

Caleres Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Thursday, March 27th will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.71%. The ex-dividend date is Thursday, March 27th. Caleres’s dividend payout ratio (DPR) is currently 6.24%.

Insider Activity at Caleres

In other news, Director Kyle Gendreau acquired 5,000 shares of Caleres stock in a transaction dated Friday, January 17th. The shares were acquired at an average cost of $19.93 per share, with a total value of $99,650.00. Following the purchase, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $99,650. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 3.80% of the stock is owned by insiders.

Caleres Company Profile

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.