23.53 USD
+1.08
4.81%
At close Dec 20, 4:00 PM EST
After hours
23.53
+0.00
0.00%
1 day
4.81%
5 days
-5.80%
1 month
-20.91%
3 months
-29.70%
6 months
-29.68%
Year to date
-23.88%
1 year
-22.62%
5 years
0.86%
10 years
-22.19%
 

About: Caleres Inc is a footwear retailer in the United States. The Company's business are organized into two reportable segments are famous Footwear and Brand Portfolio. The famous Footwear segment is comprised of famous Footwear retail stores, famousfootwear.com and famousfootwear.ca. The Brand Portfolio segment offers retailers and consumers a carefully cultivated portfolio of top brands. This segment is comprised of wholesale operations that designs, develops, sources, manufactures, markets and distributes branded, licensed and private-label footwear to online retailers, national chains, department stores, mass merchandisers and independent retailers, as well as Company owned famous Footwear, Sam Edelman, Naturalizer and Allen Edmonds stores and e-commerce businesses.

Employees: 9,200

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

321% more call options, than puts

Call options by funds: $59.3M | Put options by funds: $14.1M

27% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 55

4% less capital invested

Capital invested by funds: $1.11B [Q2] → $1.07B (-$39.3M) [Q3]

1.82% less ownership

Funds ownership: 93.89% [Q2] → 92.07% (-1.82%) [Q3]

5% less funds holding

Funds holding: 205 [Q2] → 195 (-10) [Q3]

25% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 40

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$25
6%
upside
Avg. target
$25
6%
upside
High target
$25
6%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
Loop Capital
Laura Champine
64% 1-year accuracy
16 / 25 met price target
6%upside
$25
Hold
Maintained
6 Dec 2024

Financial journalist opinion

Based on 8 articles about CAL published over the past 30 days

Neutral
Business Wire
1 week ago
Caleres Declares Regular Quarterly Dividend
ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.07 per share to be paid on January 10, 2025, to shareholders of record as of December 27, 2024. The company has paid a consecutive quarterly dividend for more than 100 years. About Caleres Caleres is a market-leading portfolio of global footwear brands that includes Famous Footwear, Sam Ed.
Caleres Declares Regular Quarterly Dividend
Negative
Zacks Investment Research
1 week ago
Caleres' Q3 Earnings & Revenues Miss Estimates, FY24 View Down
CAL posts lower sales for the fiscal third quarter due to soft boot sales. The company reduces its fiscal 2024 outlook.
Caleres' Q3 Earnings & Revenues Miss Estimates, FY24 View Down
Negative
Seeking Alpha
2 weeks ago
Caleres: Margins Are Returning To The Mean As Warned, Still A Hold
Caleres, Inc.'s Q3 2024 results showed revenue growth in the retail and wholesale sectors, but missed consensus and lowered guidance, causing a 20% stock drop. Margins remain resilient but are deteriorating, with further declines expected in Q4 due to increased promotions to clear inventories. Guidance was reduced for the second time, with EPS now at $3.5, reflecting lower sales growth and higher discounting pressures.
Caleres: Margins Are Returning To The Mean As Warned, Still A Hold
Neutral
Seeking Alpha
2 weeks ago
Caleres, Inc. (CAL) Q3 2024 Earnings Call Transcript
Caleres, Inc. (NYSE:CAL ) Q3 2024 Earnings Conference Call December 5, 2024 10:00 AM ET Company Participants Liz Dunn - SVP, Corporate Development and Strategic Communications Jay Schmidt - President and CEO Jack Calandra - SVP and CFO Conference Call Participants Chandana Madaka - KeyBanc Capital Markets Laura Champine - Loop Capital Markets Mitch Kummetz - Seaport Research Dana Telsey - Telsey Advisory Group Operator Good morning. And welcome to the Caleres Third Quarter 2024 Earnings Conference Call.
Caleres, Inc. (CAL) Q3 2024 Earnings Call Transcript
Negative
Benzinga
2 weeks ago
Footwear Firm Caleres Struggles in Q3, Cuts Annual Forecast Amid Sales, Margin Pressures
Caleres, Inc. CAL shares are trading lower after the company reported worse-than-expected third-quarter results.
Footwear Firm Caleres Struggles in Q3, Cuts Annual Forecast Amid Sales, Margin Pressures
Negative
Zacks Investment Research
2 weeks ago
Caleres Inc. (CAL) Q3 Earnings and Revenues Lag Estimates
Caleres Inc. (CAL) came out with quarterly earnings of $1.23 per share, missing the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.37 per share a year ago.
Caleres Inc. (CAL) Q3 Earnings and Revenues Lag Estimates
Neutral
Business Wire
2 weeks ago
Caleres Reports Third Quarter Results and Updates Guidance
ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today reported financial results for the third quarter 2024. Reported sales of $740.9 million, down 2.8% year-on-year; Famous Footwear sales declined 4.8% versus the third quarter of 2023 with comparable store sales up 2.5%; Brand Portfolio sales increased 0.7% versus the third quarter of 2023; Third quarter consolidated gross margin rate of 44.1%, down 55 basis points year-on-year; R.
Caleres Reports Third Quarter Results and Updates Guidance
Negative
Zacks Investment Research
3 weeks ago
Earnings Preview: Caleres Inc. (CAL) Q3 Earnings Expected to Decline
Caleres Inc. (CAL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Earnings Preview: Caleres Inc. (CAL) Q3 Earnings Expected to Decline
Neutral
Business Wire
1 month ago
Caleres Accelerates Brand Growth Strategy with Appointment of Nancy Bitetto as SVP of New York Brands
ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, announced today that Nancy Bitetto has joined the company as senior vice president of New York brands, which include Franco Sarto, Vince, Veronica Beard, and private brand offerings. In this role, Bitetto will focus on accelerating growth and expanding profitability within the Caleres Brand Portfolio. She will report directly to Jay Schmidt, president and CEO of Caleres. “Nancy brings.
Caleres Accelerates Brand Growth Strategy with Appointment of Nancy Bitetto as SVP of New York Brands
Neutral
PRNewsWire
1 month ago
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Caleres, Inc. - CAL
NEW YORK , Nov. 10, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Caleres, Inc. ("Caleres" or the "Company") (NYSE: CAL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Caleres, Inc. - CAL
Charts implemented using Lightweight Charts™