CAL
Caleres, Inc. Consumer Discretionary - Footwear Investor Relations →
Caleres, Inc. (CAL) closed at $10.73 as of 2026-03-20, trading 54.4% below its 200-week moving average of $23.52. This places CAL in the extreme value zone. The stock moved further from the line this week, up from -60.6% last week. The 14-week RSI sits at 40, indicating neutral momentum.
A big jump in activity this week — 2.2x the usual volume, and the price went up. Significantly more people than usual decided to buy. This kind of surge, especially on a stock already below its 200-week average, can be an early sign that sentiment is shifting.
Over the past 2352 weeks of data, CAL has crossed below its 200-week moving average 37 times. On average, these episodes lasted 23 weeks. Historically, investors who bought CAL at the start of these episodes saw an average one-year return of +3.4%.
With a market cap of $364 million, CAL is a small-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at -1.6%. The stock trades at 0.6x book value.
The company has been aggressively buying back shares, reducing its share count by 10.6% over the past three years.
Over the past 33.2 years, a hypothetical investment of $100 in CAL would have grown to $179, compared to $2683 for the S&P 500. CAL has returned 1.8% annualized vs 10.4% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -28.4% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: CAL vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After CAL Crosses Below the Line?
Across 31 historical episodes, buying CAL when it crossed below its 200-week moving average produced an average return of +0.4% after 12 months (median +10.0%), compared to +10.3% for the S&P 500 over the same periods. 52% of those episodes were profitable after one year. After 24 months, the average return was +24.5% vs +25.7% for the index.
Each line shows $100 invested at the moment CAL crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
CAL has crossed below its 200-week MA 37 times with an average 1-year return of +3.4% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 1987 | Nov 1987 | 2 | 10.4% | +28.2% | +135.9% |
| Nov 1987 | Dec 1987 | 5 | 7.4% | +17.1% | +142.0% |
| Aug 1988 | Aug 1988 | 1 | 0.7% | +12.0% | +115.1% |
| Nov 1988 | Dec 1988 | 3 | 1.9% | -2.1% | +110.0% |
| Dec 1988 | Jan 1989 | 1 | 1.9% | -9.2% | +110.7% |
| Oct 1989 | Aug 1991 | 95 | 29.9% | -27.5% | +97.9% |
| Sep 1991 | Oct 1991 | 6 | 4.8% | +3.1% | +117.3% |
| Nov 1991 | Dec 1991 | 6 | 7.6% | +2.5% | +115.1% |
| Mar 1992 | Mar 1992 | 1 | 2.2% | +34.4% | +120.2% |
| Mar 1992 | Aug 1992 | 21 | 11.8% | +33.3% | +115.7% |
| May 1995 | Jun 1998 | 161 | 51.2% | -33.8% | +85.8% |
| Jul 1998 | Nov 1998 | 15 | 23.5% | +14.9% | +126.5% |
| Jan 1999 | Apr 1999 | 13 | 15.9% | -17.3% | +146.8% |
| Nov 1999 | Jan 2001 | 60 | 39.8% | -27.9% | +145.4% |
| Sep 2001 | Nov 2001 | 12 | 26.4% | +51.0% | +162.8% |
| Sep 2007 | Oct 2007 | 1 | 0.7% | -11.0% | -23.3% |
| Oct 2007 | Mar 2010 | 127 | 87.8% | -52.9% | -23.2% |
| May 2010 | Jun 2010 | 1 | 2.3% | -35.9% | -8.5% |
| Jun 2010 | Nov 2010 | 21 | 28.6% | -23.8% | -7.0% |
| Jan 2011 | Jan 2011 | 1 | 1.5% | -21.4% | +5.5% |
| Mar 2011 | Apr 2011 | 3 | 15.0% | -9.2% | +26.2% |
| May 2011 | Feb 2012 | 41 | 41.2% | -21.2% | +13.8% |
| Mar 2012 | May 2012 | 10 | 15.1% | +92.2% | +40.2% |
| May 2016 | May 2016 | 3 | 9.6% | +15.8% | -49.4% |
| Jun 2016 | Jul 2016 | 4 | 4.8% | +12.3% | -50.2% |
| Aug 2016 | Aug 2016 | 1 | 1.6% | +4.8% | -50.6% |
| Aug 2016 | Oct 2016 | 5 | 3.1% | +13.3% | -50.4% |
| Oct 2016 | Nov 2016 | 3 | 5.6% | +16.1% | -52.2% |
| Mar 2017 | Apr 2017 | 4 | 5.6% | +22.6% | -54.3% |
| May 2017 | Sep 2017 | 18 | 14.5% | +32.0% | -53.8% |
| Nov 2018 | Nov 2018 | 1 | 1.0% | -22.8% | -58.5% |
| Dec 2018 | Jan 2019 | 4 | 7.8% | -20.5% | -57.5% |
| Jan 2019 | Feb 2019 | 3 | 2.9% | -29.3% | -58.3% |
| Mar 2019 | Apr 2021 | 110 | 87.2% | -65.0% | -56.4% |
| Feb 2022 | Apr 2022 | 5 | 5.7% | +38.7% | -41.7% |
| May 2023 | May 2023 | 1 | 4.5% | +107.4% | -39.2% |
| Dec 2024 | Ongoing | 67+ | 60.6% | Ongoing | -56.1% |
| Average | 23 | — | +3.4% | — |
Frequently Asked Questions
Is CAL below its 200-week moving average?
Yes. As of 2026-03-20, Caleres, Inc. (CAL) is trading 54.4% below its 200-week moving average of $23.52. The current price is $10.73.
What is CAL's 200-week moving average price?
Caleres, Inc.'s 200-week moving average is $23.52 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when CAL drops below its 200-week moving average?
CAL has crossed below its 200-week moving average 37 times in our data. On average, buying at that moment produced a one-year return of +3.4%. These dips have historically been decent entry points. These episodes lasted 23 weeks on average.
Is CAL a good value right now?
Here's what our data says about CAL as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 40. Free cash flow is currently negative. Return on equity is -1.6%. Price-to-book is 0.6x. This is not a buy or sell recommendation — always do your own research.
How does CAL compare to the S&P 500?
Over the past 33.2 years, $100 invested in CAL would have grown to $179, compared to $2683 for the S&P 500. That's 1.8% annualized vs 10.4% for the index. CAL has underperformed the broader market over this period.
Does CAL pay a dividend?
Yes. Caleres, Inc. currently pays a dividend yield of 261.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20