Caleres (NYSE:CAL) Issues FY25 Earnings Guidance

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

Caleres Price Performance

Shares of NYSE:CAL opened at $20.40 on Tuesday. The business’s fifty day moving average price is $26.84 and its two-hundred day moving average price is $32.09. Caleres has a fifty-two week low of $19.90 and a fifty-two week high of $44.51. The stock has a market capitalization of $686.03 million, a price-to-earnings ratio of 4.54 and a beta of 1.96.

Caleres (NYSE:CALGet Free Report) last announced its earnings results on Thursday, December 5th. The textile maker reported $1.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.15). The firm had revenue of $740.90 million for the quarter, compared to analyst estimates of $751.35 million. Caleres had a return on equity of 22.71% and a net margin of 5.69%. The company’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same quarter last year, the business earned $1.37 EPS. Research analysts expect that Caleres will post 3.5 EPS for the current fiscal year.

Caleres Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, December 27th were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Friday, December 27th. This represents a $0.28 dividend on an annualized basis and a yield of 1.37%. Caleres’s dividend payout ratio (DPR) is presently 6.24%.

Wall Street Analysts Forecast Growth

CAL has been the topic of a number of recent analyst reports. StockNews.com lowered Caleres from a “buy” rating to a “hold” rating in a research note on Thursday, October 3rd. Loop Capital reduced their price target on shares of Caleres from $30.00 to $25.00 and set a “hold” rating on the stock in a research report on Friday, December 6th.

Get Our Latest Analysis on Caleres

About Caleres

(Get Free Report)

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.

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Earnings History and Estimates for Caleres (NYSE:CAL)

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