Caleres (NYSE:CAL) Issues FY 2025 Earnings Guidance

Caleres (NYSE:CAL) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 2.800-3.200 for the period, compared to the consensus EPS estimate of 3.990. The company issued revenue guidance of $2.7 billion-$2.8 billion, compared to the consensus revenue estimate of $2.8 billion. Caleres also updated its Q1 2025 guidance to 0.350-0.400 EPS.

Analyst Upgrades and Downgrades

Separately, Loop Capital decreased their target price on shares of Caleres from $30.00 to $25.00 and set a “hold” rating for the company in a report on Friday, December 6th.

Caleres Stock Performance

Shares of CAL stock opened at $16.92 on Friday. The firm has a market capitalization of $568.83 million, a PE ratio of 3.77 and a beta of 1.82. Caleres has a 52-week low of $15.00 and a 52-week high of $44.51. The stock has a fifty day simple moving average of $17.68 and a two-hundred day simple moving average of $25.72.

Caleres (NYSE:CAL) last issued its quarterly earnings data on Thursday, March 20th. The textile maker reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.06. Caleres had a net margin of 5.69% and a return on equity of 22.71%. The business had revenue of $639.20 million during the quarter, compared to analysts’ expectations of $645.79 million. During the same period last year, the company posted $0.86 EPS. The business’s revenue was down 8.3% on a year-over-year basis. On average, sell-side analysts forecast that Caleres will post 3.23 EPS for the current fiscal year.

Caleres Announces Dividend

The company also recently declared 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 1.66%. The ex-dividend date of this dividend is Thursday, March 27th. Caleres’s dividend payout ratio is currently 6.24%.

Insider Buying and Selling at Caleres

In other Caleres news, Director Kyle Gendreau bought 5,000 shares of the company’s stock in a transaction dated Friday, January 17th. The shares were purchased at an average cost of $19.93 per share, for a total transaction of $99,650.00. Following the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $99,650. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. 3.80% of the stock is currently owned by company insiders.

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.