Caleres (CAL) Stock Forecast, Price Target & Predictions
CAL Stock Forecast
Caleres stock forecast is as follows: an average price target of $36.67 (represents a -5.51% downside from CAL’s last price of $38.81) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
CAL Price Target
The average price target for Caleres (CAL) is $36.67 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $45.00 to $30.00. This represents a potential -5.51% downside from CAL's last price of $38.81.
CAL Analyst Ratings
According to 2 Wall Street analysts, Caleres's rating consensus is 'Buy'. The analyst rating breakdown for CAL stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 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 |
|---|---|---|---|---|---|---|
| Mar 20, 2024 | Laura Champine | Loop Capital Markets | $45.00 | $40.05 | 12.36% | 15.95% |
| Mar 20, 2024 | Abbie Zvejnieks | Piper Sandler | $35.00 | $40.05 | -12.61% | -9.82% |
| Aug 25, 2023 | Dana Telsey | Telsey Advisory | $30.00 | $24.22 | 23.86% | -22.70% |
The latest Caleres stock forecast, released on Mar 20, 2024 by Laura Champine from Loop Capital Markets, set a price target of $45.00, which represents a 12.36% increase from the stock price at the time of the forecast ($40.05), and a 15.95% increase from CAL last price ($38.81).
Caleres Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $40.00 |
| Last Closing Price | $38.81 | $38.81 | $38.81 |
| Upside/Downside | -100.00% | -100.00% | 3.07% |
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 $38.81. This month's average price target is down NaN% 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 03, 2024 | Loop Capital Markets | - | Hold | Downgrade |
| Feb 21, 2023 | Piper Sandler | - | Overweight | Upgrade |
Caleres's last stock rating was published by Loop Capital Markets on Sep 03, 2024. The company Downgrade its CAL rating from "null" to "Hold".
Caleres Financial Forecast
Caleres Revenue Forecast
| 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 | Aug 19 | May 19 | Feb 19 | Nov 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $697.12M | - | - | - | - | - | - | - | - | - | - | $638.64M | - | - | $501.45M | $397.18M | $698.95M | $792.38M | $752.49M | $677.75M | $720.26M | $775.83M |
| Avg Forecast | $738.91M | $792.26M | $754.67M | $668.56M | $696.45M | $763.34M | $724.88M | $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 | $752.22M | $672.90M | $738.21M | $718.58M |
| High Forecast | $738.91M | $792.26M | $754.67M | $668.56M | $696.45M | $763.34M | $726.76M | $664.80M | $694.33M | $773.11M | $704.85M | $699.99M | $689.71M | $783.99M | $754.34M | $679.34M | $679.23M | $755.73M | $642.31M | $574.81M | $559.02M | $621.35M | $451.45M | $428.18M | $700.26M | $822.41M | $754.46M | $674.91M | $740.41M | $862.29M |
| Low Forecast | $738.91M | $792.26M | $754.67M | $668.56M | $696.45M | $763.34M | $723.00M | $664.80M | $694.33M | $768.06M | $704.85M | $699.99M | $689.71M | $783.99M | $726.77M | $672.41M | $672.99M | $748.78M | $636.41M | $569.52M | $553.88M | $615.63M | $447.30M | $424.24M | $693.82M | $814.85M | $747.52M | $668.70M | $733.60M | $574.86M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 1 | 1 | 6 | 12 | 12 | 11 | 10 | 9 | 8 | 7 | 6 | 5 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | 1.00% | - | - | - | - | - | - | - | - | - | - | 1.11% | - | - | 1.11% | 0.93% | 1.00% | 0.97% | 1.00% | 1.01% | 0.98% | 1.08% |
Caleres's average Quarter revenue forecast for May 24 based on 1 analysts is $664.80M, with a low forecast of $664.80M, and a high forecast of $664.80M. 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 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 | Aug 19 | May 19 | Feb 19 | Nov 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 1 | 1 | 6 | 12 | 12 | 11 | 10 | 9 | 8 | 7 | 6 | 5 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | $47.77M | - | - | - | - | - | - | - | - | - | - | $48.79M | - | - | $-550.00K | $-82.89M | $34.57M | $63.31M | $57.41M | $36.78M | $30.90M | $64.00M |
| Avg Forecast | $37.73M | $40.45M | $38.53M | $34.13M | $35.56M | $38.97M | $37.01M | $46.65M | $35.45M | $39.32M | $35.99M | $42.41M | $35.21M | $78.34M | $37.56M | $34.58M | $51.11M | $71.22M | $568.13M | $-76.05M | $28.46M | $-42.54M | $-228.00M | $18.84M | $35.65M | $41.86M | $20.63M | $-68.02M | $37.69M | $43.45M |
| High Forecast | $37.73M | $40.45M | $38.53M | $34.13M | $35.56M | $38.97M | $37.10M | $55.98M | $35.45M | $39.47M | $35.99M | $50.89M | $35.21M | $94.01M | $38.51M | $34.68M | $61.34M | $85.46M | $681.76M | $-60.84M | $28.54M | $-34.04M | $-182.40M | $22.61M | $35.75M | $41.99M | $24.76M | $-54.41M | $37.80M | $52.14M |
| Low Forecast | $37.73M | $40.45M | $38.53M | $34.13M | $35.56M | $38.97M | $36.91M | $37.32M | $35.45M | $39.21M | $35.99M | $33.93M | $35.21M | $62.67M | $37.11M | $34.33M | $40.89M | $56.98M | $454.51M | $-91.26M | $28.28M | $-51.05M | $-273.61M | $15.07M | $35.42M | $41.60M | $16.50M | $-81.62M | $37.45M | $34.76M |
| Surprise % | - | - | - | - | - | - | - | - | 1.35% | - | - | - | - | - | - | - | - | - | - | -0.64% | - | - | 0.00% | -4.40% | 0.97% | 1.51% | 2.78% | -0.54% | 0.82% | 1.47% |
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 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 | Aug 19 | May 19 | Feb 19 | Nov 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 1 | 1 | 6 | 12 | 12 | 11 | 10 | 9 | 8 | 7 | 6 | 5 | 13 |
| Net Income | - | - | - | - | - | - | - | - | $53.39M | - | - | - | - | - | - | - | - | - | - | $6.15M | - | - | $-30.67M | $-346.17M | $9.00K | $27.99M | $25.34M | $9.08M | $-75.43M | $29.15M |
| Avg Forecast | $34.95M | $57.52M | $45.81M | $36.61M | $28.14M | $50.76M | $41.36M | $26.29M | $28.95M | $44.15M | $29.92M | $23.90M | $21.95M | $37.13M | $44.83M | $28.29M | $36.09M | $33.75M | $99.58M | $-159.34M | $-340.80K | $-39.84M | $-185.79M | $469.20K | $12.35M | $28.22M | $8.82M | $-87.19M | $15.20M | $23.99M |
| High Forecast | $34.95M | $57.52M | $45.81M | $36.61M | $28.14M | $50.76M | $41.70M | $31.55M | $28.95M | $44.49M | $29.92M | $28.68M | $21.95M | $44.56M | $46.32M | $28.40M | $43.30M | $40.50M | $119.50M | $-127.47M | $-338.04K | $-31.87M | $-148.63M | $563.04K | $12.40M | $28.33M | $10.59M | $-69.75M | $15.26M | $28.79M |
| Low Forecast | $34.95M | $57.52M | $45.81M | $36.61M | $28.14M | $50.76M | $41.02M | $21.03M | $28.95M | $43.81M | $29.92M | $19.12M | $21.95M | $29.70M | $44.13M | $28.02M | $28.87M | $27.00M | $79.67M | $-191.21M | $-342.12K | $-47.81M | $-222.94M | $375.36K | $12.25M | $27.99M | $7.06M | $-104.63M | $15.07M | $19.19M |
| Surprise % | - | - | - | - | - | - | - | - | 1.84% | - | - | - | - | - | - | - | - | - | - | -0.04% | - | - | 0.17% | -737.79% | 0.00% | 0.99% | 2.87% | -0.10% | -4.96% | 1.22% |
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 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 | Aug 19 | May 19 | Feb 19 | Nov 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 1 | 1 | 6 | 12 | 12 | 11 | 10 | 9 | 8 | 7 | 6 | 5 | 13 |
| SG&A | - | - | - | - | - | - | - | - | $272.83M | - | - | - | - | - | - | - | - | - | - | $243.53M | - | - | $201.33M | $225.19M | $260.79M | $275.33M | $267.53M | $262.11M | $267.21M | $265.52M |
| Avg Forecast | $277.58M | $297.62M | $283.50M | $251.15M | $261.63M | $286.76M | $272.31M | $194.89M | $260.83M | $289.29M | $264.79M | $177.17M | $259.10M | $257.65M | $276.34M | $254.43M | $153.76M | $234.23M | $240.57M | $467.95M | $209.38M | $261.14M | $102.05M | $299.03M | $262.28M | $308.03M | $253.46M | $306.90M | $277.32M | $262.71M |
| High Forecast | $277.58M | $297.62M | $283.50M | $251.15M | $261.63M | $286.76M | $273.02M | $233.86M | $260.83M | $290.43M | $264.79M | $212.60M | $259.10M | $309.18M | $283.38M | $255.20M | $184.51M | $281.07M | $241.29M | $561.54M | $210.00M | $313.37M | $122.47M | $358.84M | $263.06M | $308.95M | $304.15M | $368.28M | $278.14M | $315.25M |
| Low Forecast | $277.58M | $297.62M | $283.50M | $251.15M | $261.63M | $286.76M | $271.60M | $155.91M | $260.83M | $288.53M | $264.79M | $141.74M | $259.10M | $206.12M | $273.02M | $252.60M | $123.01M | $187.38M | $239.07M | $374.36M | $208.07M | $208.91M | $81.64M | $239.22M | $260.64M | $306.11M | $202.77M | $245.52M | $275.59M | $210.17M |
| Surprise % | - | - | - | - | - | - | - | - | 1.05% | - | - | - | - | - | - | - | - | - | - | 0.52% | - | - | 1.97% | 0.75% | 0.99% | 0.89% | 1.06% | 0.85% | 0.96% | 1.01% |
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 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 | Aug 19 | May 19 | Feb 19 | Nov 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 1 | 1 | 6 | 12 | 12 | 11 | 10 | 9 | 8 | 7 | 6 | 5 | 13 |
| EPS | - | - | - | - | - | - | - | - | $1.57 | - | - | - | - | - | - | - | - | - | - | $0.16 | - | - | $-0.83 | $-8.96 | $0.01 | $0.69 | $0.61 | $0.22 | $-1.83 | $0.68 |
| Avg Forecast | $1.03 | $1.70 | $1.35 | $1.08 | $0.83 | $1.50 | $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 | $0.58 | $0.35 | $0.45 | $0.61 |
| High Forecast | $1.03 | $1.70 | $1.35 | $1.08 | $0.83 | $1.50 | $1.23 | $0.86 | $0.85 | $1.31 | $0.88 | $0.94 | $0.65 | $1.12 | $1.37 | $0.83 | $0.67 | $1.15 | $0.54 | $0.03 | $-0.01 | $0.04 | $-1.02 | $-0.85 | $0.36 | $0.83 | $0.58 | $0.35 | $0.45 | $0.73 |
| Low Forecast | $1.03 | $1.70 | $1.35 | $1.08 | $0.83 | $1.50 | $1.21 | $0.86 | $0.85 | $1.29 | $0.88 | $0.94 | $0.65 | $1.12 | $1.30 | $0.82 | $0.66 | $1.14 | $0.53 | $0.03 | $-0.01 | $0.04 | $-1.03 | $-0.86 | $0.36 | $0.82 | $0.58 | $0.35 | $0.44 | $0.49 |
| Surprise % | - | - | - | - | - | - | - | - | 1.84% | - | - | - | - | - | - | - | - | - | - | 5.33% | - | - | 0.81% | 10.42% | 0.03% | 0.83% | 1.05% | 0.63% | -4.10% | 1.11% |
According to 1 Wall Street analysts, Caleres's projected average Quarter EPS for May 24 is $0.86, with a low estimate of $0.86 and a high estimate of $0.86. 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?
Yes, according to 2 Wall Street analysts, Caleres (CAL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of CAL's total ratings.
What is CAL's price target?
Caleres (CAL) average price target is $36.67 with a range of $30 to $45, implying a -5.51% from its last price of $38.81. The data is based on 2 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 down by -5.51% (from the last price of $38.81 to the average price target of $36.67), up by 15.95% based on the highest stock price target, and down by -22.70% based on the lowest stock price target.
Can Caleres stock reach $60?
CAL's average twelve months analyst stock price target of $36.67 does not support the claim that Caleres can reach $60 in the near future.
What are Caleres's analysts' financial forecasts?
Caleres's analysts financial forecasts for the fiscal year (Feb 2025) are as follows: average revenue is $2.85B (high $2.85B, low $2.85B), average EBITDA is $158.19M (high $167.62M, low $148.76M), average net income is $146.55M (high $152.15M, low $140.95M), average SG&A $1.02B (high $1.06B, low $975.9M), and average EPS is $4.41 (high $4.42, low $4.4). CAL's analysts financial forecasts for the fiscal year (Feb 2026) are as follows: average revenue is $2.95B (high $2.95B, low $2.95B), average EBITDA is $150.84M (high $150.84M, low $150.84M), average net income is $174.88M (high $174.88M, low $174.88M), average SG&A $1.11B (high $1.11B, low $1.11B), and average EPS is $5.16 (high $5.16, low $5.16).
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 $126.92M by 29.12%. 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 $28.95M by 84.43%. 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%