Caleres Q1 EPS Forecast Reduced by Telsey Advisory Group

Caleres, Inc. (NYSE:CAL) – Analysts at Telsey Advisory Group decreased their Q1 2026 earnings per share estimates for shares of Caleres in a research report issued on Friday, March 14th. Telsey Advisory Group analyst D. Telsey now expects that the textile maker will earn $0.85 per share for the quarter, down from their previous forecast of $1.01. The consensus estimate for Caleres’ current full-year earnings is $3.23 per share. Telsey Advisory Group also issued estimates for Caleres’ Q2 2026 earnings at $0.88 EPS and FY2026 earnings at $3.50 EPS.

Separately, 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.

Caleres Price Performance

Shares of NYSE CAL opened at $15.48 on Monday. The stock’s 50-day moving average is $18.11 and its two-hundred day moving average is $26.22. Caleres has a 1-year low of $15.00 and a 1-year high of $44.51. The company has a market cap of $520.71 million, a price-to-earnings ratio of 3.45 and a beta of 1.82.

Caleres Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Thursday, March 27th will be issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.81%. Caleres’s payout ratio is currently 6.24%.

Insider Activity

In other news, Director Kyle Gendreau purchased 5,000 shares of the company’s stock in a transaction that occurred on Friday, January 17th. The shares were purchased at an average price of $19.93 per share, for a total transaction of $99,650.00. Following the purchase, the director now directly owns 5,000 shares of the company’s stock, valued at $99,650. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 3.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC grew its stake in Caleres by 254.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,733 shares of the textile maker’s stock worth $40,000 after buying an additional 1,244 shares during the last quarter. Golden State Wealth Management LLC purchased a new position in Caleres during the 4th quarter worth approximately $59,000. Lee Danner & Bass Inc. purchased a new position in Caleres during the 4th quarter worth approximately $81,000. Canada Pension Plan Investment Board acquired a new stake in Caleres during the 4th quarter worth approximately $86,000. Finally, KLP Kapitalforvaltning AS acquired a new stake in Caleres during the 4th quarter worth approximately $149,000. Hedge funds and other institutional investors own 98.44% of the company’s stock.

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.