Caleres (NYSE:CAL) Releases FY25 Earnings Guidance

Caleres (NYSE:CAL) updated its FY25 earnings guidance on Monday. The company provided EPS guidance of $3.20-3.30 for the period, compared to the consensus EPS estimate of $3.50.

Caleres Stock Performance

CAL stock opened at $21.19 on Monday. The firm has a market cap of $712.60 million, a P/E ratio of 4.72 and a beta of 1.96. The firm’s fifty day moving average is $27.01 and its 200 day moving average is $32.18. Caleres has a 52 week low of $20.97 and a 52 week high of $44.51.

Caleres (NYSE:CAL) last released its quarterly earnings data 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 net margin of 5.69% and a return on equity of 22.71%. The company had revenue of $740.90 million for the quarter, compared to analysts’ expectations of $751.35 million. During the same period last year, the company posted $1.37 EPS. The business’s revenue for the quarter was down 2.8% compared to the same quarter last year. As a group, analysts forecast that Caleres will post 3.5 EPS for the current year.

Caleres Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, December 27th were issued a dividend of $0.07 per share. The ex-dividend date was Friday, December 27th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.32%. Caleres’s dividend payout ratio is presently 6.24%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on CAL shares. 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. StockNews.com cut shares of Caleres from a “buy” rating to a “hold” rating in a research report on Thursday, October 3rd.

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.