Steven Madden (NASDAQ: SHOO) recently received a number of ratings updates from brokerages and research firms:

  • 9/14/2017 – Steven Madden was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Steven Madden, Ltd. designs, sources, markets and sells fashion-forward footwear brands for women, men and children. They distribute products through their retail stores, their e-commerce websites, catalogs and department and specialty store “
  • 9/7/2017 – Steven Madden was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $47.00 price target on the stock. According to Zacks, “Steven Madden, Ltd. designs, sources, markets and sells fashion-forward footwear brands for women, men and children. They distribute products through their retail stores, their e-commerce websites, catalogs and department and specialty store “
  • 9/6/2017 – Steven Madden was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Steven Madden, Ltd. designs, sources, markets and sells fashion-forward footwear brands for women, men and children. They distribute products through their retail stores, their e-commerce websites, catalogs and department and specialty store “
  • 9/1/2017 – Steven Madden was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $47.00 price target on the stock. According to Zacks, “Steven Madden, Ltd. designs, sources, markets and sells fashion-forward footwear brands for women, men and children. They distribute products through their retail stores, their e-commerce websites, catalogs and department and specialty store “
  • 9/1/2017 – Steven Madden was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 8/31/2017 – Steven Madden was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Steven Madden, Ltd. designs, sources, markets and sells fashion-forward footwear brands for women, men and children. They distribute products through their retail stores, their e-commerce websites, catalogs and department and specialty store “
  • 8/25/2017 – Steven Madden was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $45.00 price target on the stock. According to Zacks, “Steven Madden, Ltd. designs, sources, markets and sells fashion-forward footwear brands for women, men and children. They distribute products through their retail stores, their e-commerce websites, catalogs and department and specialty store “
  • 8/24/2017 – Steven Madden was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Steven Madden, Ltd. designs, sources, markets and sells fashion-forward footwear brands for women, men and children. They distribute products through their retail stores, their e-commerce websites, catalogs and department and specialty store “
  • 8/22/2017 – Steven Madden was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 8/18/2017 – Steven Madden was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $48.00 price target on the stock. According to Zacks, “Steven Madden, Ltd. designs, sources, markets and sells fashion-forward footwear brands for women, men and children. They distribute products through their retail stores, their e-commerce websites, catalogs and department and specialty store “
  • 8/17/2017 – Steven Madden was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Steven Madden, Ltd. designs, sources, markets and sells fashion-forward footwear brands for women, men and children. They distribute products through their retail stores, their e-commerce websites, catalogs and department and specialty store “
  • 8/15/2017 – Steven Madden was given a new $47.00 price target on by analysts at Canaccord Genuity. They now have a “buy” rating on the stock.
  • 8/14/2017 – Steven Madden is now covered by analysts at Wedbush. They set an “outperform” rating and a $48.00 price target on the stock.
  • 8/10/2017 – Steven Madden was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 8/9/2017 – Steven Madden was given a new $47.00 price target on by analysts at Canaccord Genuity. They now have a “buy” rating on the stock.
  • 8/8/2017 – Steven Madden had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $47.00 price target on the stock.
  • 8/8/2017 – Steven Madden had its “outperform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $45.00 price target on the stock, up previously from $41.00.
  • 8/7/2017 – Steven Madden had its price target raised by analysts at Morgan Stanley from $38.00 to $41.50. They now have an “equal weight” rating on the stock.
  • 8/3/2017 – Steven Madden had its “buy” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $45.00 price target on the stock.
  • 8/2/2017 – Steven Madden had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $47.00 price target on the stock.
  • 8/2/2017 – Steven Madden had its price target raised by analysts at Telsey Advisory Group from $41.00 to $45.00. They now have an “outperform” rating on the stock.
  • 8/2/2017 – Steven Madden was given a new $47.00 price target on by analysts at Canaccord Genuity. They now have a “buy” rating on the stock.
  • 8/2/2017 – Steven Madden had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $39.00 price target on the stock, up previously from $37.00.
  • 8/2/2017 – Steven Madden had its price target raised by analysts at Buckingham Research from $38.00 to $40.00. They now have a “neutral” rating on the stock.
  • 7/28/2017 – Steven Madden had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $45.00 price target on the stock.
  • 7/26/2017 – Steven Madden had its “buy” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $44.00 price target on the stock.
  • 7/25/2017 – Steven Madden was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.

Shares of Steven Madden, Ltd. (SHOO) opened at 41.90 on Friday. Steven Madden, Ltd. has a 52 week low of $32.30 and a 52 week high of $43.80. The firm’s 50-day moving average price is $41.85 and its 200 day moving average price is $39.15. The stock has a market capitalization of $2.48 billion, a P/E ratio of 20.17 and a beta of 0.51.

Steven Madden (NASDAQ:SHOO) last released its quarterly earnings results on Tuesday, August 1st. The textile maker reported $0.51 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.45 by $0.06. Steven Madden had a net margin of 8.19% and a return on equity of 17.57%. The business had revenue of $374.15 million for the quarter, compared to analyst estimates of $355.22 million. During the same period in the previous year, the company earned $0.42 earnings per share. The business’s revenue for the quarter was up 15.0% on a year-over-year basis. Analysts expect that Steven Madden, Ltd. will post $2.25 earnings per share for the current year.

In other Steven Madden news, insider Karla Frieders sold 5,000 shares of Steven Madden stock in a transaction on Monday, June 19th. The shares were sold at an average price of $38.61, for a total value of $193,050.00. Following the transaction, the insider now directly owns 83,216 shares of the company’s stock, valued at $3,212,969.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 2.06% of the stock is currently owned by insiders.

Steven Madden, Ltd. and its subsidiaries design, source, market and sell name brand and private label footwear for women, men and children, and name brand and private label fashion handbags and accessories. The Company operates through five segments: Wholesale Footwear, Wholesale Accessories, Retail, First Cost and Licensing.

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