Caleres, Inc. (NYSE:CAL – Free Report) – Research analysts at Seaport Res Ptn lowered their Q3 2025 earnings per share (EPS) estimates for Caleres in a research note issued to investors on Tuesday, November 26th. Seaport Res Ptn analyst M. Kummetz now expects that the textile maker will earn $1.32 per share for the quarter, down from their prior forecast of $1.40. The consensus estimate for Caleres’ current full-year earnings is $4.01 per share. Seaport Res Ptn also issued estimates for Caleres’ Q4 2025 earnings at $0.90 EPS, FY2025 earnings at $3.94 EPS, FY2026 earnings at $4.57 EPS and FY2027 earnings at $5.10 EPS.
A number of other research firms also recently weighed in on CAL. StockNews.com downgraded shares of Caleres from a “buy” rating to a “hold” rating in a report on Thursday, October 3rd. Loop Capital reduced their price objective on Caleres from $45.00 to $30.00 and set a “hold” rating on the stock in a research note on Friday, September 13th.
Caleres Price Performance
NYSE CAL opened at $31.07 on Thursday. Caleres has a 1-year low of $27.67 and a 1-year high of $44.51. The business has a 50 day simple moving average of $31.30 and a two-hundred day simple moving average of $34.43. The stock has a market capitalization of $1.09 billion, a PE ratio of 6.73 and a beta of 1.93.
Caleres (NYSE:CAL – Get Free Report) last released its quarterly earnings data on Thursday, September 12th. The textile maker reported $0.85 EPS for the quarter, missing the consensus estimate of $1.22 by ($0.37). Caleres had a net margin of 5.84% and a return on equity of 24.63%. The company had revenue of $683.30 million for the quarter, compared to the consensus estimate of $723.80 million. During the same period last year, the company earned $0.98 EPS. The firm’s revenue for the quarter was down 1.8% on a year-over-year basis.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Louisiana State Employees Retirement System increased its stake 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 worth $562,000 after purchasing an additional 400 shares during the period. SummerHaven Investment Management LLC lifted its stake in shares of Caleres by 1.4% during the 2nd quarter. SummerHaven Investment Management LLC now owns 29,394 shares of the textile maker’s stock worth $988,000 after purchasing an additional 409 shares during the last quarter. Franklin Resources Inc. boosted its holdings 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 valued at $908,000 after buying an additional 479 shares in the last quarter. State of Alaska Department of Revenue boosted its stake in Caleres by 3.2% in the third 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 in the last quarter. Finally, The Manufacturers Life Insurance Company grew its stake in Caleres by 4.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,743 shares of the textile maker’s stock worth $563,000 after buying an additional 761 shares during the last quarter. 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.
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