CaleresCAL
Market Cap: 1.31B
About: Caleres Inc is a footwear retailer in the United States. The Company's business are organized into two reportable segments are famous Footwear and Brand Portfolio. The famous Footwear segment is comprised of famous Footwear retail stores, famousfootwear.com and famousfootwear.ca. The Brand Portfolio segment offers retailers and consumers a carefully cultivated portfolio of top brands. This segment is comprised of wholesale operations that designs, develops, sources, manufactures, markets and distributes branded, licensed and private-label footwear to online retailers, national chains, department stores, mass merchandisers and independent retailers, as well as Company owned famous Footwear, Sam Edelman, Naturalizer and Allen Edmonds stores and e-commerce businesses.
Employees: 9,200
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
372% more call options, than puts
Call options by funds: $71.9M | Put options by funds: $15.2M
37% more capital invested
Capital invested by funds: $1.01B [Q4 2023] → $1.37B (+$368M) [Q1 2024]
11% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 28
2.25% more ownership
Funds ownership: 92.16% [Q4 2023] → 94.4% (+2.25%) [Q1 2024]
2% more funds holding
Funds holding: 184 [Q4 2023] → 187 (+3) [Q1 2024]
23% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 71
Research analyst outlook
2 Wall Street Analysts provided 1 year price forecasts over the past 6 months
2 analyst ratings
Loop Capital Laura Champine | 21%upside $45 | Buy Maintained | 20 Mar 2024 |
Piper Sandler Abbie Zvejnieks | 6%downside $35 | Neutral Maintained | 20 Mar 2024 |
Financial journalist opinion
Based on 4 articles about CAL published over the past 30 days