Caleres (NYSE:CAL) Stock Crosses Above 200 Day Moving Average – What’s Next?

Caleres, Inc. (NYSE:CAL)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $12.53 and traded as high as $13.19. Caleres shares last traded at $12.47, with a volume of 325,175 shares.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on CAL shares. Seaport Research Partners lifted their price target on shares of Caleres from $14.00 to $16.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Weiss Ratings upgraded Caleres from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Wall Street Zen raised Caleres from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Zacks Research raised Caleres from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 21st. Finally, KeyCorp restated a “sector weight” rating on shares of Caleres in a report on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold”.

Caleres Price Performance

The stock has a market cap of $418.87 million, a price-to-earnings ratio of -1,245.75 and a beta of 0.74. The company’s fifty day simple moving average is $13.21 and its two-hundred day simple moving average is $12.53.

Caleres (NYSE:CAL) last issued its quarterly earnings data on Thursday, June 4th. The textile maker reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.01. The firm had revenue of $666.60 million during the quarter, compared to analysts’ expectations of $662.63 million. Caleres had a net margin of 0.02% and a return on equity of 7.33%. The business’s revenue was up 8.5% on a year-over-year basis. During the same period last year, the company earned $0.22 earnings per share. Caleres has set its Q2 2026 guidance at 0.320-0.380 EPS and its FY 2026 guidance at 1.400-1.650 EPS. On average, analysts forecast that Caleres, Inc. will post 1.63 earnings per share for the current year.

Caleres Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 11th will be paid a dividend of $0.07 per share. The ex-dividend date is Thursday, June 11th. This represents a $0.28 dividend on an annualized basis and a yield of 2.2%. Caleres’s payout ratio is -2,800.00%.

Insider Transactions at Caleres

In other Caleres news, insider Daniel R. Freidman sold 11,207 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $15.00, for a total transaction of $168,105.00. Following the completion of the sale, the insider directly owned 64,780 shares of the company’s stock, valued at approximately $971,700. The trade was a 14.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.10% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Osaic Holdings Inc. boosted its position in shares of Caleres by 1,662.8% during the second quarter. Osaic Holdings Inc. now owns 1,992 shares of the textile maker’s stock valued at $25,000 after buying an additional 1,879 shares during the last quarter. Global Retirement Partners LLC purchased a new stake in Caleres in the 4th quarter valued at $25,000. Quadrant Capital Group LLC raised its position in Caleres by 1,032.4% in the 4th quarter. Quadrant Capital Group LLC now owns 2,412 shares of the textile maker’s stock valued at $29,000 after buying an additional 2,199 shares during the last quarter. Royal Bank of Canada lifted its stake in Caleres by 181.7% during the 1st quarter. Royal Bank of Canada now owns 12,047 shares of the textile maker’s stock valued at $127,000 after acquiring an additional 7,771 shares in the last quarter. Finally, Nomura Holdings Inc. purchased a new position in Caleres during the 2nd quarter worth $136,000. Institutional investors own 98.44% of the company’s stock.

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.