FY2025 Earnings Estimate for Caleres Issued By KeyCorp

Caleres, Inc. (NYSE:CAL) – Investment analysts at KeyCorp issued their FY2025 EPS estimates for shares of Caleres in a research report issued to clients and investors on Wednesday, January 22nd. KeyCorp analyst A. Owens forecasts 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 reports about the company. Loop Capital dropped their price objective on Caleres from $30.00 to $25.00 and set a “hold” rating on the stock in a report on Friday, December 6th. StockNews.com downgraded shares of Caleres from a “buy” rating to a “hold” rating in a research report on Thursday, October 3rd.

Caleres Trading Down 0.5 %

NYSE:CAL opened at $20.04 on Monday. Caleres has a twelve month low of $19.21 and a twelve month high of $44.51. The firm’s fifty day simple moving average is $24.94 and its 200 day simple moving average is $31.30. The firm has a market capitalization of $673.98 million, a price-to-earnings ratio of 4.46 and a beta of 1.96.

Caleres (NYSE:CAL) last issued its quarterly earnings results on Thursday, December 5th. The textile maker reported $1.23 earnings per share for the quarter, missing the consensus estimate of $1.38 by ($0.15). Caleres had a net margin of 5.69% and a return on equity of 22.71%. The business had revenue of $740.90 million during the quarter, compared to analyst estimates of $751.35 million. During the same quarter last year, the firm posted $1.37 earnings per share. The company’s revenue was down 2.8% on a year-over-year basis.

Institutional Trading of Caleres

Institutional investors have recently modified their holdings of the company. Pacer Advisors Inc. bought a new position in shares of Caleres during the 3rd quarter worth about $49,783,000. FMR LLC raised its stake in shares of Caleres by 30.1% in the third quarter. FMR LLC now owns 929,968 shares of the textile maker’s stock worth $30,735,000 after acquiring an additional 215,372 shares during the last quarter. Landscape Capital Management L.L.C. acquired a new position in Caleres during the 3rd quarter worth $4,184,000. JPMorgan Chase & Co. lifted its stake in shares of Caleres by 42.2% during the third quarter. JPMorgan Chase & Co. now owns 418,722 shares of the textile maker’s stock valued at $13,839,000 after acquiring an additional 124,266 shares during the period. Finally, Millennium Management LLC boosted its stake in shares of Caleres by 58.8% in the 2nd quarter. Millennium Management LLC now owns 221,082 shares of the textile maker’s stock valued at $7,428,000 after purchasing an additional 81,836 shares during the last quarter. Institutional investors and hedge funds own 98.44% of the company’s stock.

Insiders Place Their Bets

In related news, Director Kyle Gendreau bought 5,000 shares of the business’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 $99,650. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 3.80% of the company’s stock.

Caleres Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, December 27th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Friday, December 27th. This represents a $0.28 annualized dividend and a dividend yield of 1.40%. Caleres’s dividend payout ratio (DPR) is presently 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.