Caleres (NYSE:CAL) Updates Q1 2025 Earnings Guidance

Caleres (NYSE:CAL) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.350-0.400 for the period, compared to the consensus earnings per share estimate of 0.880. The company issued revenue guidance of $619.6 million-$626.2 million, compared to the consensus revenue estimate of $652.6 million.

Analyst Ratings Changes

Separately, Loop Capital dropped their price target on Caleres from $30.00 to $25.00 and set a “hold” rating on the stock in a research report on Friday, December 6th.

Caleres Price Performance

NYSE:CAL opened at $16.40 on Thursday. The firm has a market cap of $551.45 million, a price-to-earnings ratio of 3.65 and a beta of 1.82. Caleres has a 1-year low of $15.00 and a 1-year high of $44.51. The firm’s fifty day moving average price is $17.78 and its 200 day moving average price is $25.78.

Caleres (NYSE:CAL) last issued its earnings results on Thursday, March 20th. The textile maker reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.06. The business had revenue of $639.20 million for the quarter, compared to the consensus estimate of $645.79 million. Caleres had a net margin of 5.69% and a return on equity of 22.71%. The business’s quarterly revenue was down 8.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.86 earnings per share. As a group, analysts expect that Caleres will post 3.23 earnings per share for the current fiscal year.

Caleres Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Thursday, March 27th will be paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date is Thursday, March 27th. Caleres’s dividend payout ratio (DPR) is 6.24%.

Insider Activity

In other Caleres news, Director Kyle Gendreau bought 5,000 shares of Caleres stock in a transaction on Friday, January 17th. The stock was bought at an average price of $19.93 per share, with a total value of $99,650.00. Following the completion of the acquisition, the director now owns 5,000 shares in the company, valued at $99,650. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 3.80% 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.