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

Steven Madden, Ltd. (NASDAQ:SHOO) has been given a consensus recommendation of “Moderate Buy” by the ten analysts that are currently covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $45.5714.

Several brokerages have weighed in on SHOO. Telsey Advisory Group reaffirmed an “outperform” rating and set a $50.00 target price on shares of Steven Madden in a research note on Wednesday, December 17th. UBS Group reissued a “neutral” rating and issued a $43.00 price target on shares of Steven Madden in a research note on Tuesday, December 9th. Piper Sandler increased their price objective on shares of Steven Madden from $40.00 to $50.00 and gave the stock an “overweight” rating in a research report on Thursday, November 6th. Wall Street Zen raised Steven Madden from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Finally, Zacks Research upgraded Steven Madden from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 6th.

Steven Madden Price Performance

NASDAQ:SHOO opened at $45.05 on Monday. Steven Madden has a 52 week low of $19.05 and a 52 week high of $46.39. The stock’s fifty day moving average is $41.32 and its two-hundred day moving average is $33.67. The company has a market capitalization of $3.27 billion, a P/E ratio of 57.03 and a beta of 1.11. The company has a quick ratio of 1.08, a current ratio of 1.91 and a debt-to-equity ratio of 0.33.

Steven Madden (NASDAQ:SHOO) last released 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). The business had revenue of $667.88 million for the quarter, compared to analysts’ expectations of $697.89 million. Steven Madden had a return on equity of 14.28% and a net margin of 2.38%.The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.91 earnings per share. Steven Madden has set its Q4 2025 guidance at 0.410-0.460 EPS. Equities analysts expect that Steven Madden will post 2.66 EPS for the current year.

Steven Madden Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 15th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Monday, December 15th. Steven Madden’s dividend payout ratio (DPR) is 106.33%.

Institutional Trading of Steven Madden

A number of institutional investors and hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC grew its holdings in shares of Steven Madden by 86.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,045 shares of the textile maker’s stock valued at $25,000 after purchasing an additional 485 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in Steven Madden in the 3rd quarter valued at approximately $31,000. Signaturefd LLC boosted its position in Steven Madden by 475.5% in the 2nd quarter. Signaturefd LLC now owns 2,492 shares of the textile maker’s stock valued at $60,000 after buying an additional 2,059 shares during the period. Parkside Financial Bank & Trust grew its stake in shares of Steven Madden by 616.8% in the third quarter. Parkside Financial Bank & Trust now owns 2,136 shares of the textile maker’s stock worth $72,000 after acquiring an additional 1,838 shares in the last quarter. Finally, Public Employees Retirement System of Ohio increased its position 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 worth $78,000 after acquiring an additional 283 shares during the period. 99.88% of the stock is currently owned by hedge funds and other institutional investors.

Steven Madden Company Profile

Steven Madden, Inc (NASDAQ: SHOO) is a New York–based designer and marketer of fashion footwear, handbags and accessories. The company’s product portfolio spans a range of contemporary and lifestyle brands for women, men and children, including its core Steve Madden label as well as the Madden Girl and Dolce Vita brands. In addition to footwear, the company licenses its trademarks for use on apparel, eyewear and other fashion accessories.

Steven Madden distributes its products through multiple channels, including wholesale partners, e-commerce platforms and its own brick-and-mortar retail stores.