Caleres (CAL) Stock Forecast, Price Target & Predictions
CAL Stock Forecast
Caleres stock forecast is as follows: an average price target of $31.67 (represents a 7.68% upside from CAL’s last price of $29.41) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
CAL Price Target
The average price target for Caleres (CAL) is $31.67 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $35.00 to $30.00. This represents a potential 7.68% upside from CAL's last price of $29.41.
CAL Analyst Ratings
According to 3 Wall Street analysts, Caleres's rating consensus is 'Hold'. The analyst rating breakdown for CAL stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Caleres Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 13, 2024 | Laura Champine | Loop Capital Markets | $30.00 | $30.23 | -0.76% | 2.01% |
| Mar 20, 2024 | Laura Champine | Loop Capital Markets | $45.00 | $40.05 | 12.36% | 53.01% |
| Mar 20, 2024 | Abbie Zvejnieks | Piper Sandler | $35.00 | $40.05 | -12.61% | 19.01% |
| Aug 25, 2023 | Dana Telsey | Telsey Advisory | $30.00 | $24.22 | 23.86% | 2.01% |
The latest Caleres stock forecast, released on Sep 13, 2024 by Laura Champine from Loop Capital Markets, set a price target of $30.00, which represents a -0.76% decrease from the stock price at the time of the forecast ($30.23), and a 2.01% increase from CAL last price ($29.41).
Caleres Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $30.00 | $36.67 |
| Last Closing Price | $29.41 | $29.41 | $29.41 |
| Upside/Downside | -100.00% | 2.01% | 24.69% |
In the current month, the average price target of Caleres stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Caleres's last price of $29.41. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 13, 2024 | KeyBanc | Sector Weight | Sector Weight | Hold |
| Sep 13, 2024 | Loop Capital Markets | Hold | Hold | Hold |
| Sep 03, 2024 | Loop Capital Markets | - | Hold | Downgrade |
| Feb 21, 2023 | Piper Sandler | - | Overweight | Upgrade |
Caleres's last stock rating was published by KeyBanc on Sep 13, 2024. The company gave CAL a "Sector Weight" rating, the same as its previous rate.
Caleres Financial Forecast
Caleres Revenue Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $697.12M | - | - | - | - | - | - | - | - | - | - | $638.64M | - | - | $501.45M | $397.18M | $698.95M | $792.38M |
| Avg Forecast | $706.79M | $704.41M | $702.04M | $699.67M | $680.49M | $772.48M | $700.16M | $667.03M | $665.45M | $753.82M | $723.80M | $664.80M | $694.33M | $770.07M | $704.85M | $699.99M | $689.71M | $783.99M | $735.61M | $677.28M | $677.21M | $753.48M | $640.40M | $573.10M | $557.36M | $619.50M | $450.11M | $426.91M | $698.17M | $819.97M |
| High Forecast | $719.68M | $717.25M | $714.83M | $712.42M | $692.90M | $786.56M | $712.92M | $679.19M | $673.40M | $758.52M | $726.29M | $676.92M | $694.33M | $773.11M | $717.70M | $712.75M | $702.28M | $796.03M | $746.91M | $687.68M | $687.62M | $765.05M | $650.24M | $581.90M | $565.92M | $629.01M | $457.02M | $433.46M | $708.90M | $832.56M |
| Low Forecast | $693.33M | $690.99M | $688.66M | $686.33M | $667.52M | $757.76M | $686.82M | $654.32M | $657.50M | $749.10M | $721.31M | $652.13M | $694.32M | $768.06M | $691.42M | $686.65M | $676.56M | $772.36M | $724.70M | $667.24M | $667.17M | $742.31M | $630.91M | $564.60M | $549.09M | $610.31M | $443.44M | $420.58M | $687.82M | $807.81M |
| # Analysts | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 6 | 6 | 6 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | - | - | - | - | - | - | - | - | - | - | 1.11% | - | - | 1.11% | 0.93% | 1.00% | 0.97% |
Caleres's average Quarter revenue forecast for May 24 based on 1 analysts is $664.80M, with a low forecast of $652.13M, and a high forecast of $676.92M. CAL's average Quarter revenue forecast represents a -4.64% decrease compared to the company's last Quarter revenue of $697.12M (Feb 24).
Caleres EBITDA Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 6 | 6 | 6 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $47.77M | - | - | - | - | - | - | - | - | - | - | $48.79M | - | - | $-550.00K | $-82.89M | $34.57M | $63.31M |
| Avg Forecast | $36.09M | $35.96M | $35.84M | $35.72M | $34.74M | $39.44M | $35.75M | $34.06M | $33.97M | $38.49M | $36.95M | $46.65M | $35.45M | $39.32M | $35.99M | $42.41M | $56.23M | $40.03M | $37.56M | $38.55M | $34.58M | $38.47M | $32.70M | $-76.05M | $28.46M | $31.63M | $22.98M | $18.84M | $35.65M | $41.86M |
| High Forecast | $36.74M | $36.62M | $36.50M | $36.37M | $35.38M | $40.16M | $36.40M | $34.68M | $34.38M | $38.73M | $37.08M | $55.98M | $35.45M | $39.47M | $36.64M | $50.89M | $67.47M | $40.64M | $38.13M | $46.27M | $35.11M | $39.06M | $33.20M | $-60.84M | $28.89M | $32.11M | $23.33M | $22.61M | $36.19M | $42.51M |
| Low Forecast | $35.40M | $35.28M | $35.16M | $35.04M | $34.08M | $38.69M | $35.07M | $33.41M | $33.57M | $38.25M | $36.83M | $37.32M | $35.45M | $39.21M | $35.30M | $33.93M | $44.98M | $39.43M | $37.00M | $30.84M | $34.06M | $37.90M | $32.21M | $-91.26M | $28.03M | $31.16M | $22.64M | $15.07M | $35.12M | $41.24M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.35% | - | - | - | - | - | - | - | - | - | - | -0.64% | - | - | -0.02% | -4.40% | 0.97% | 1.51% |
1 analysts predict CAL's average Quarter EBITDA for May 24 to be $46.65M, with a high of $55.98M and a low of $37.32M. This is -2.35% lower than Caleres's previous annual EBITDA (Feb 24) of $47.77M.
Caleres Net Income Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 6 | 6 | 6 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $53.39M | - | - | - | - | - | - | - | - | - | - | $6.15M | - | - | $-30.67M | $-346.17M | $9.00K | $27.99M |
| Avg Forecast | $43.35M | $57.04M | $40.55M | $41.57M | $36.06M | $50.12M | $33.13M | $33.36M | $31.97M | $46.74M | $41.42M | $26.29M | $29.03M | $44.27M | $30.00M | $23.90M | $39.70M | $38.00M | $44.95M | $21.73M | $22.77M | $38.92M | $18.18M | $-159.34M | $-339.89K | $1.36M | $-34.80M | $469.20K | $12.32M | $28.14M |
| High Forecast | $44.38M | $58.39M | $41.51M | $42.55M | $36.91M | $51.30M | $33.91M | $34.15M | $34.01M | $47.42M | $43.53M | $31.55M | $29.03M | $44.61M | $30.71M | $28.68M | $47.63M | $38.76M | $45.85M | $26.07M | $23.23M | $40.62M | $18.55M | $-127.47M | $-333.34K | $1.39M | $-34.13M | $563.04K | $12.57M | $28.70M |
| Low Forecast | $42.28M | $55.63M | $39.55M | $40.54M | $35.17M | $48.87M | $32.31M | $32.54M | $29.93M | $45.73M | $39.32M | $21.03M | $29.03M | $43.93M | $29.25M | $19.12M | $31.76M | $37.27M | $44.08M | $17.38M | $22.33M | $37.21M | $17.83M | $-191.21M | $-346.68K | $1.33M | $-35.50M | $375.36K | $12.08M | $27.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.84% | - | - | - | - | - | - | - | - | - | - | -0.04% | - | - | 0.88% | -737.79% | 0.00% | 0.99% |
Caleres's average Quarter net income forecast for May 24 is $26.29M, with a range of $21.03M to $31.55M. CAL's average Quarter net income forecast represents a -50.76% decrease compared to the company's last Quarter net income of $53.39M (Feb 24).
Caleres SG&A Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 6 | 6 | 6 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $272.83M | - | - | - | - | - | - | - | - | - | - | $243.53M | - | - | $201.33M | $225.19M | $260.79M | $275.33M |
| Avg Forecast | $265.52M | $264.62M | $263.73M | $262.84M | $255.64M | $290.19M | $263.02M | $250.58M | $249.99M | $283.18M | $271.91M | $194.89M | $260.83M | $289.29M | $264.79M | $177.17M | $169.13M | $294.52M | $276.34M | $161.06M | $254.40M | $283.05M | $240.57M | $467.95M | $209.38M | $232.72M | $169.09M | $299.03M | $262.28M | $308.03M |
| High Forecast | $270.36M | $269.44M | $268.54M | $267.63M | $260.30M | $295.48M | $267.82M | $255.15M | $252.97M | $284.95M | $272.84M | $233.86M | $260.83M | $290.43M | $269.61M | $212.60M | $202.96M | $299.04M | $280.59M | $193.28M | $258.31M | $287.40M | $244.27M | $561.54M | $212.59M | $236.30M | $171.69M | $358.84M | $266.31M | $312.76M |
| Low Forecast | $260.46M | $259.58M | $258.70M | $257.83M | $250.76M | $284.66M | $258.01M | $245.81M | $247.00M | $281.41M | $270.97M | $155.91M | $260.83M | $288.53M | $259.74M | $141.74M | $135.31M | $290.15M | $272.24M | $128.85M | $250.63M | $278.86M | $237.01M | $374.36M | $206.27M | $229.27M | $166.58M | $239.22M | $258.39M | $303.46M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | - | - | - | - | - | - | - | - | - | - | 0.52% | - | - | 1.19% | 0.75% | 0.99% | 0.89% |
Caleres's average Quarter SG&A projection for May 24 is $194.89M, based on 1 Wall Street analysts, with a range of $155.91M to $233.86M. The forecast indicates a -28.57% fall compared to CAL last annual SG&A of $272.83M (Feb 24).
Caleres EPS Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 6 | 6 | 6 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.57 | - | - | - | - | - | - | - | - | - | - | $0.16 | - | - | $-0.83 | $-8.96 | $0.01 | $0.69 |
| Avg Forecast | $1.28 | $1.68 | $1.19 | $1.22 | $1.06 | $1.47 | $0.97 | $0.98 | $0.94 | $1.38 | $1.22 | $0.86 | $0.85 | $1.30 | $0.88 | $0.94 | $0.65 | $1.12 | $1.32 | $0.83 | $0.67 | $1.15 | $0.54 | $0.03 | $-0.01 | $0.04 | $-1.02 | $-0.86 | $0.36 | $0.83 |
| High Forecast | $1.31 | $1.72 | $1.22 | $1.25 | $1.09 | $1.51 | $1.00 | $1.00 | $1.00 | $1.40 | $1.28 | $0.89 | $0.85 | $1.31 | $0.90 | $0.96 | $0.66 | $1.14 | $1.35 | $0.85 | $0.68 | $1.20 | $0.55 | $0.03 | $-0.01 | $0.04 | $-1.00 | $-0.84 | $0.37 | $0.84 |
| Low Forecast | $1.24 | $1.64 | $1.16 | $1.19 | $1.03 | $1.44 | $0.95 | $0.96 | $0.88 | $1.35 | $1.16 | $0.84 | $0.85 | $1.29 | $0.86 | $0.91 | $0.63 | $1.10 | $1.30 | $0.81 | $0.66 | $1.09 | $0.52 | $0.03 | $-0.01 | $0.04 | $-1.04 | $-0.88 | $0.36 | $0.81 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.84% | - | - | - | - | - | - | - | - | - | - | 5.33% | - | - | 0.81% | 10.42% | 0.03% | 0.83% |
According to 1 Wall Street analysts, Caleres's projected average Quarter EPS for May 24 is $0.86, with a low estimate of $0.84 and a high estimate of $0.89. This represents a -44.90% decrease compared to CAL previous annual EPS of $1.57 (Feb 24).
Caleres Peer Comparison by Price Target
CAL Forecast FAQ
Is Caleres a good buy?
No, according to 3 Wall Street analysts, Caleres (CAL) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of CAL's total ratings.
What is CAL's price target?
Caleres (CAL) average price target is $31.67 with a range of $30 to $35, implying a 7.68% from its last price of $29.41. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Caleres stock go up soon?
According to Wall Street analysts' prediction for CAL stock, the company can go up by 7.68% (from the last price of $29.41 to the average price target of $31.67), up by 19.01% based on the highest stock price target, and up by 2.01% based on the lowest stock price target.
Can Caleres stock reach $40?
CAL's average twelve months analyst stock price target of $31.67 does not support the claim that Caleres can reach $40 in the near future.
What are Caleres's analysts' financial forecasts?
Caleres's analysts financial forecasts for the fiscal year (Feb 2026) are as follows: average revenue is $2.82B (high $2.87B, low $2.77B), average EBITDA is $143.98M (high $146.61M, low $141.24M), average net income is $152.67M (high $156.28M, low $148.88M), average SG&A $1.06B (high $1.08B, low $1.04B), and average EPS is $4.49 (high $4.6, low $4.38). CAL's analysts financial forecasts for the fiscal year (Feb 2027) are as follows: average revenue is $2.81B (high $2.86B, low $2.76B), average EBITDA is $143.61M (high $146.23M, low $140.88M), average net income is $182.52M (high $186.84M, low $177.99M), average SG&A $1.06B (high $1.08B, low $1.04B), and average EPS is $5.37 (high $5.5, low $5.24).
Did the CAL's actual financial results beat the analysts' financial forecasts?
Based on Caleres's last annual report (Feb 2024), the company's revenue was $2.82B, which missed the average analysts forecast of $2.87B by -1.81%. Apple's EBITDA was $253.84M, beating the average prediction of $153.16M by 65.73%. The company's net income was $163.87M, beating the average estimation of $127.19M by 28.84%. Apple's SG&A was $1.06B, beating the average forecast of $992.07M by 7.09%. Lastly, the company's EPS was $4.8, beating the average prediction of $3.97 by 20.78%. In terms of the last quarterly report (Feb 2024), Caleres's revenue was $697.12M, beating the average analysts' forecast of $694.33M by 0.40%. The company's EBITDA was $47.77M, beating the average prediction of $35.45M by 34.77%. Caleres's net income was $53.39M, beating the average estimation of $29.03M by 83.94%. The company's SG&A was $272.83M, beating the average forecast of $260.83M by 4.60%. Lastly, the company's EPS was $1.57, beating the average prediction of $0.854 by 83.84%