There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Caleres Inc. (CAL) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $27.98. The Caleres Inc. has recorded 19,984 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Caleres Reports Second Quarter 2023 Results and Maintains Full Year 2023 Outlook.
As a NYSE listed company, CAL falls under the Consumer Cyclical sector while operating within the Apparel Retail industry segment. At the end of the last regular session, the stock closed at $27.98 and fluctuated between $29.16 as its day high and $27.53 as its day low. The current market capitalization of Caleres Inc. is $975.66M. A total of 0.66 million shares were traded on the day, compared to an average of 540.75K shares.
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, CAL has seen 1 BUY and 6 SELL insider trades, representing the acquisition of 110,236 and the disposition of 132,565 shares. Over the last 12 months, there were 23 BUYs and 50 SELLs from insiders. Insiders purchased 1,015,878 shares during that period but sold 616,892.
In the most recent transaction, Freidman Daniel R sold 5,000 shares of CAL for 28.00 per share on Aug 31. After the transaction, the Chief Sourcing Officer now owns 76,311 company shares. In a previous transaction on Jul 11, Hasty Todd E sold 5,800 shares at 25.00 per share. CAL shares that SVP, Chief Accounting Officer owns now total 31,513.
Among the insiders who sold shares, Hill Willis disposed of 8,000 shares on Jun 23 at a per-share price of $24.80. This resulted in the Chief Information Officer holding 60,792 shares of CAL after the transaction. In another insider transaction, Hendra Carla C sold 2,493 shares at $20.36 per share on Jun 08. Company shares held by the Director now total 0.
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Caleres Inc. pays an annual dividend of $0.28, resulting in a dividend yield of 1.00%, and it has a price to earnings (P/E) ratio of 6.11. CAL’s most recent ex-dividend date was 9/7/2023 when it declared a $0.07 quarterly dividend that was paid in cash on 9/29/2023. Previously, the company paid the dividend on 6/28/2023 with an ex-dividend date of 6/8/2023. The CAL stock dividend was $0.07 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for CAL in the last 3 months, the mean price target is $33.75 with high estimates of $40.00 and low estimates of $27.00. In terms of 52-week highs and lows, CAL has a high of $29.98 and a low of $16.85.
As of this writing, CAL has an earnings estimate of $1.31 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $1.33 per share and a lower estimate of $1.29. The company reported an EPS of $0.97 in the last quarter, which was 4.30% higher than expectations of $0.93.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. CAL’s latest balance sheet shows that the firm has $30.11M in Cash & Short Term Investments as of fiscal 2022. There were $871.40M in debt and $1.03B in liabilities at the time. Its Book Value Per Share was $12.97, while its Total Shareholder’s Equity was $323.39M.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CAL is Buy with a score of 4.00.