Caleres Inc (NYSE: CAL) Could Soar To Much Higher Prices In Coming Months

In the last trading session, 0.5 million Caleres Inc (NYSE:CAL) shares changed hands as the company’s beta touched 1.92. With the company’s per share price at $37.60 changed hands at $1.44 or 3.98% during last session, the market valuation stood at $1.32B. CAL’s last price was a discount, traded about -11.54% off its 52-week high of $41.94. The share price had its 52-week low at $16.85, which suggests the last value was 55.19% up since then. When we look at Caleres Inc’s average trading volume, we note the 3-month average coming to 423.30K.

Caleres Inc (NYSE:CAL) trade information

Instantly CAL was in green as seen at the end of in last trading. With action 2.79%, the performance over the past five days has been green. The jump to weekly highs of 37.72 added 3.98% to the stock’s daily price. The company’s shares are showing year-to-date upside of 22.36%, with the 5-day performance at 2.79% in the green. However, in the 30-day time frame, Caleres Inc (NYSE:CAL) is 3.33% up.

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Caleres Inc (CAL) estimates and forecasts

Data shows that the Caleres Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 31.19% over the past 6 months, a 5.26% in annual growth rate that is considerably lower than the industry average of 8.60%. Year-over-year growth is forecast to reach 2.00% up from the last financial year.

Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 665.45M. 3 analysts are of the opinion that Caleres Inc’s revenue for the current quarter will be 712.36M.

The 2024 estimates are for Caleres Inc earnings to increase by 5.26%, but the outlook for the next 5-year period is at 15.00% per year.

CAL Dividends

Caleres Inc is expected to release its next quarterly earnings report in June. The 0.74% annual yield figure for the share gives it an annual dividend of 0.28. It is important to note, however, that the 0.74% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.