CAL stock icon

Caleres
CAL

$37.6
4.84%
 

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

0
Funds holding %
of 6,656 funds
Analysts bullish %
0
News positive %
of 3 articles

Fund manager confidence

Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)

202% more call options, than puts

Call options by funds: $36.1M | Put options by funds: $12M

67% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 18

10% more capital invested

Capital invested by funds: $914M [Q3] → $1.01B (+$91.1M) [Q4]

7% more funds holding

Funds holding: 172 [Q3] → 184 (+12) [Q4]

2.64% more ownership

Funds ownership: 89.52% [Q3] → 92.16% (+2.64%) [Q4]

11% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 65

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$35
7%
downside
Avg. target
$40
6%
upside
High target
$45
20%
upside

2 analyst ratings

positive
50%
neutral
50%
negative
0%
Loop Capital
Laura Champine
20%upside
$45
Buy
Maintained
20 Mar 2024
Piper Sandler
Abbie Zvejnieks
7%downside
$35
Neutral
Maintained
20 Mar 2024

Financial journalist opinion

Based on 3 articles about CAL published over the past 30 days