Caleres (NYSE:CAL) Price Target Raised to $16.00

Caleres (NYSE:CAL) had its price objective increased by Seaport Research Partners from $14.00 to $16.00 in a research note published on Thursday morning,Benzinga reports. Seaport Research Partners currently has a buy rating on the textile maker’s stock.

Several other equities research analysts have also commented on CAL. Weiss Ratings reiterated a “sell (d+)” rating on shares of Caleres in a research note on Wednesday, January 21st. Zacks Research upgraded Caleres from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 26th. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $14.00.

Caleres Price Performance

CAL opened at $10.80 on Thursday. Caleres has a 1 year low of $8.80 and a 1 year high of $18.27. The company has a market capitalization of $366.08 million, a price-to-earnings ratio of -49.09 and a beta of 0.64. The firm’s fifty day moving average price is $11.96 and its two-hundred day moving average price is $12.54.

Caleres (NYSE:CAL) last announced its earnings results on Thursday, March 19th. The textile maker reported ($0.36) EPS for the quarter, beating the consensus estimate of ($0.40) by $0.04. Caleres had a negative net margin of 0.24% and a positive return on equity of 6.49%. The company had revenue of $695.06 million during the quarter, compared to the consensus estimate of $688.43 million. During the same quarter in the prior year, the company posted $0.33 earnings per share. The firm’s revenue for the quarter was up 8.7% on a year-over-year basis. As a group, equities analysts anticipate that Caleres will post 3.23 EPS for the current year.

Caleres Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Thursday, March 26th will be issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Thursday, March 26th. Caleres’s payout ratio is -127.27%.

Institutional Trading of Caleres

Large investors have recently added to or reduced their stakes in the stock. Corient Private Wealth LLC purchased a new position in Caleres in the fourth quarter valued at about $249,000. Empowered Funds LLC increased its stake in shares of Caleres by 10.9% during the 4th quarter. Empowered Funds LLC now owns 156,776 shares of the textile maker’s stock worth $1,908,000 after purchasing an additional 15,371 shares during the last quarter. Tudor Investment Corp ET AL purchased a new stake in shares of Caleres during the 4th quarter worth approximately $1,954,000. Millennium Management LLC raised its holdings in shares of Caleres by 9.0% in the 4th quarter. Millennium Management LLC now owns 443,872 shares of the textile maker’s stock worth $5,402,000 after purchasing an additional 36,582 shares during the period. Finally, Invenomic Capital Management LP raised its holdings in shares of Caleres by 18.4% in the 4th quarter. Invenomic Capital Management LP now owns 1,031,874 shares of the textile maker’s stock worth $12,558,000 after purchasing an additional 160,274 shares during the period. Hedge funds and other institutional investors own 98.44% of the company’s stock.

Key Caleres News

Here are the key news stories impacting Caleres this week:

• Positive Sentiment: Q4 results beat expectations: revenue of $695.1M (+8.7% YoY) and an EPS print slightly ahead of consensus; Brand Portfolio sales grew strongly and organic sales were positive — facts that underpin the market’s upbeat reaction. Caleres Reports Fourth Quarter & Fiscal 2025 Results
• Positive Sentiment: Management guided for a return to profits in FY2026 and projected gross-margin improvement (140–180 bps), citing tariff mitigation and pricing — guidance that investors treated as credible upside for margins and earnings recovery. Caleres Guides for Return to Profits this Year
• Neutral Sentiment: Earnings-call commentary and transcripts highlight continued e-commerce strength and Brand Portfolio momentum across channels; these operational details support the stock move but leave execution risk tied to margin recovery. Caleres, Inc. (NYSE:CAL) Q4 2025 earnings call transcript
• Neutral Sentiment: Market headlines and volume amplified the move — multiple outlets note the stock “rocketing” after the print and guidance, which often fuels short-term momentum. Why Is Caleres (CAL) Stock Rocketing Higher Today
• Negative Sentiment: Profitability remains a concern: Q4 EPS was a loss (-$0.36) versus prior-year EPS of $0.33; Seeking Alpha and others flag flat organic sales (outside acquisition lift), margin deleverage in the quarter, a leveraged balance sheet and execution risk — all reasons to be cautious on sustainability of the rally. Caleres Is Now Reasonably Priced, But Is Not Attractive After The Rally
• Negative Sentiment: Analyst/ratings pressure: Zacks added CAL to its Strong Sell list, signaling that some sell-side models remain skeptical despite the upbeat guidance. New Strong Sell Stocks for March 19th

About Caleres

Caleres, Inc, formerly known as Brown Shoe Company, is a leading footwear company engaged in the design, sourcing, marketing and selling of a broad portfolio of branded and private-label shoes. The company’s operations span a range of market segments from value-priced to premium and luxury. Caleres operates through two primary segments: a retail segment anchored by the Famous Footwear banner, which includes more than 1,100 stores across North America, and a brand portfolio segment comprising owned and licensed brands such as Allen Edmonds, Naturalizer, Sam Edelman, Dr.