Steven Madden, Ltd. (NASDAQ:SHOO) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Steven Madden, Ltd. (NASDAQ:SHOO) have received a consensus rating of “Moderate Buy” from the ten analysts that are covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $44.8333.

A number of equities research analysts recently issued reports on SHOO shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Steven Madden in a research report on Wednesday, October 8th. Wall Street Zen raised shares of Steven Madden from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Telsey Advisory Group reaffirmed an “outperform” rating and set a $50.00 price objective on shares of Steven Madden in a report on Wednesday. Citigroup reissued a “buy” rating and issued a $41.00 target price (up from $32.00) on shares of Steven Madden in a report on Friday, October 17th. Finally, Piper Sandler increased their price target on Steven Madden from $40.00 to $50.00 and gave the stock an “overweight” rating in a research report on Thursday, November 6th.

Steven Madden Trading Down 1.9%

Shares of SHOO opened at $42.89 on Thursday. The company has a current ratio of 1.91, a quick ratio of 1.08 and a debt-to-equity ratio of 0.33. The stock has a market cap of $3.12 billion, a PE ratio of 54.29 and a beta of 1.13. Steven Madden has a 1 year low of $19.05 and a 1 year high of $44.99. The stock has a 50 day simple moving average of $38.44 and a 200-day simple moving average of $31.35.

Steven Madden (NASDAQ:SHOO) last announced its quarterly earnings results on Wednesday, November 5th. The textile maker reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). Steven Madden had a net margin of 2.38% and a return on equity of 14.28%. The company had revenue of $667.88 million during the quarter, compared to the consensus estimate of $697.89 million. During the same quarter last year, the company earned $0.91 earnings per share. The business’s revenue was up 6.9% on a year-over-year basis. Steven Madden has set its Q4 2025 guidance at 0.410-0.460 EPS. On average, sell-side analysts predict that Steven Madden will post 2.66 EPS for the current fiscal year.

Steven Madden Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Monday, December 15th will be issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Monday, December 15th. Steven Madden’s dividend payout ratio is presently 106.33%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in SHOO. SBI Securities Co. Ltd. bought a new stake in Steven Madden during the 3rd quarter worth about $31,000. EverSource Wealth Advisors LLC lifted its position in shares of Steven Madden by 86.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,045 shares of the textile maker’s stock worth $25,000 after purchasing an additional 485 shares in the last quarter. Parkside Financial Bank & Trust lifted its position in shares of Steven Madden by 616.8% during the third quarter. Parkside Financial Bank & Trust now owns 2,136 shares of the textile maker’s stock worth $72,000 after purchasing an additional 1,838 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of Steven Madden by 13.9% during the third quarter. Public Employees Retirement System of Ohio now owns 2,324 shares of the textile maker’s stock valued at $78,000 after purchasing an additional 283 shares during the last quarter. Finally, Signaturefd LLC increased its holdings in shares of Steven Madden by 475.5% in the second quarter. Signaturefd LLC now owns 2,492 shares of the textile maker’s stock valued at $60,000 after purchasing an additional 2,059 shares in the last quarter. Institutional investors and hedge funds own 99.88% of the company’s stock.

About Steven Madden

Steven Madden, Ltd. designs, sources, and markets fashion-forward branded and private label footwear, accessories, and apparel in the United States and internationally. It operates through Wholesale Footwear, Wholesale Accessories/Apparel, Direct-to- Consumer, and Licensing segments. The Wholesale Footwear segment designs, sources, and markets various products, including dress shoes, boots, booties, fashion sneakers, sandals, and casual shoes under the Steve Madden, Dolce Vita, Betsey Johnson, Blondo, GREATS, and Anne Klein brands.