Seaport Res Ptn Has Negative Outlook for Caleres Q4 Earnings

Caleres, Inc. (NYSE:CAL) – Equities research analysts at Seaport Res Ptn cut their Q4 2025 earnings per share estimates for shares of Caleres in a report released on Monday, January 13th. Seaport Res Ptn analyst M. Kummetz now anticipates that the textile maker will earn $0.25 per share for the quarter, down from their prior estimate of $0.55. The consensus estimate for Caleres’ current full-year earnings is $3.50 per share.

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

Other equities analysts have also recently issued research reports about the stock. Loop Capital dropped their price target on shares of Caleres from $30.00 to $25.00 and set a “hold” rating on the stock in a research report on Friday, December 6th. StockNews.com lowered shares of Caleres from a “buy” rating to a “hold” rating in a research note on Thursday, October 3rd.

Caleres Trading Up 0.7 %

CAL opened at $20.52 on Thursday. The company has a market cap of $690.07 million, a price-to-earnings ratio of 4.57 and a beta of 1.96. The company’s fifty day moving average price is $26.47 and its two-hundred day moving average price is $31.92. Caleres has a 1-year low of $19.90 and a 1-year high of $44.51.

Institutional Investors Weigh In On Caleres

Large investors have recently made changes to their positions in the business. Victory Capital Management Inc. grew its position in Caleres by 83.8% during the second quarter. Victory Capital Management Inc. now owns 61,959 shares of the textile maker’s stock valued at $2,082,000 after buying an additional 28,250 shares during the period. Texas Permanent School Fund Corp grew its position in shares of Caleres by 4.4% during the 2nd quarter. Texas Permanent School Fund Corp now owns 30,480 shares of the textile maker’s stock valued at $1,024,000 after acquiring an additional 1,273 shares during the period. American Century Companies Inc. increased its stake in shares of Caleres by 25.6% during the 2nd quarter. American Century Companies Inc. now owns 901,852 shares of the textile maker’s stock worth $30,302,000 after purchasing an additional 183,594 shares during the last quarter. Leuthold Group LLC purchased a new position in Caleres in the second quarter valued at approximately $2,391,000. Finally, Sei Investments Co. grew its holdings in Caleres by 49.3% during the second quarter. Sei Investments Co. now owns 35,001 shares of the textile maker’s stock valued at $1,176,000 after purchasing an additional 11,557 shares during the period. 98.44% of the stock is owned by hedge funds and other institutional investors.

Caleres Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, December 27th were given a $0.07 dividend. The ex-dividend date of this dividend was Friday, December 27th. This represents a $0.28 annualized dividend and a yield of 1.36%. Caleres’s dividend 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.