Caleres Amends Bylaws and Elects New Directors

An update from Caleres ( (CAL) ) is now available.

On May 22, 2025, Caleres‘ Board of Directors amended the company’s Bylaws to reduce the number of directors from twelve to eleven. During the Annual Meeting of Shareholders on the same day, eleven directors were elected for a one-year term, Ernst & Young LLP was ratified as the independent registered public accountants, and an advisory resolution on executive compensation was approved.

The most recent analyst rating on (CAL) stock is a Hold with a $23.00 price target. To see the full list of analyst forecasts on Caleres stock, see the CAL Stock Forecast page.

Spark’s Take on CAL Stock

According to Spark, TipRanks’ AI Analyst, CAL is a Outperform.

Caleres’ overall stock score reflects a solid valuation position, supported by an attractive P/E ratio and dividend yield. The company’s operational efficiency and well-managed leverage are strengths, but declining profitability and cash flow generation pose challenges. The technical outlook suggests short-term momentum but longer-term caution, while the earnings call sentiment is mixed, balancing positive brand performance with sales and margin pressures.

To see Spark’s full report on CAL stock, click here.

More about Caleres

Average Trading Volume: 1,007,515

Technical Sentiment Signal: Sell

Current Market Cap: $562.9M

For an in-depth examination of CAL stock, go to TipRanks’ Stock Analysis page.