What is Seaport Res Ptn’s Estimate for Caleres Q1 Earnings?

Caleres, Inc. (NYSE:CAL) – Research analysts at Seaport Res Ptn lowered their Q1 2026 earnings per share estimates for Caleres in a research note issued to investors on Tuesday, May 27th. Seaport Res Ptn analyst M. Kummetz now expects that the textile maker will post earnings per share of $0.35 for the quarter, down from their previous estimate of $0.37. The consensus estimate for Caleres’ current full-year earnings is $3.23 per share. Seaport Res Ptn also issued estimates for Caleres’ Q2 2026 earnings at $0.80 EPS and Q3 2026 earnings at $1.18 EPS.

Separately, Loop Capital decreased their price objective on Caleres from $17.00 to $16.00 and set a “hold” rating on the stock in a research note on Friday, April 4th.

Caleres Stock Down 18.9%

CAL opened at $13.28 on Wednesday. The firm has a market cap of $446.33 million, a P/E ratio of 2.96 and a beta of 1.11. Caleres has a 52 week low of $13.17 and a 52 week high of $44.51. The business’s fifty day simple moving average is $16.10 and its 200 day simple moving average is $19.81.

Caleres (NYSE:CAL) last posted its quarterly earnings data on Thursday, May 29th. The textile maker reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.15). The company had revenue of $614.22 million for the quarter, compared to analyst estimates of $622.93 million. Caleres had a net margin of 5.69% and a return on equity of 22.71%. The firm’s revenue was down 6.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.88 EPS.

Caleres Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Thursday, June 5th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date is Thursday, June 5th. Caleres’s payout ratio is 9.12%.

Insiders Place Their Bets

In other Caleres news, Director Lori Greeley purchased 9,000 shares of the firm’s stock in a transaction on Thursday, March 27th. The shares were purchased at an average cost of $17.77 per share, with a total value of $159,930.00. Following the purchase, the director now owns 10,000 shares in the company, valued at approximately $177,700. This represents a 900.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 4.10% of the stock is owned by corporate insiders.

Institutional Trading of Caleres

A number of hedge funds have recently added to or reduced their stakes in CAL. Nokomis Capital L.L.C. acquired a new stake in Caleres in the 4th quarter worth about $18,336,000. Invenomic Capital Management LP acquired a new position in shares of Caleres in the 1st quarter valued at about $11,596,000. Wellington Management Group LLP acquired a new position in shares of Caleres in the 1st quarter valued at about $6,642,000. Voloridge Investment Management LLC acquired a new position in shares of Caleres in the 4th quarter valued at about $8,259,000. Finally, Invesco Ltd. lifted its stake in shares of Caleres by 48.6% in the 4th quarter. Invesco Ltd. now owns 770,518 shares of the textile maker’s stock valued at $17,845,000 after purchasing an additional 252,140 shares in the last quarter. 98.44% of the stock is owned by institutional investors and hedge funds.

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.