Telsey Advisory Group Reiterates “Outperform” Rating for Steven Madden (NASDAQ:SHOO)

Steven Madden (NASDAQ:SHOO)‘s stock had its “outperform” rating reiterated by investment analysts at Telsey Advisory Group in a report released on Thursday,Benzinga reports. They presently have a $50.00 price target on the textile maker’s stock. Telsey Advisory Group’s price target would indicate a potential upside of 40.02% from the company’s current price.

A number of other analysts have also recently commented on the stock. Jefferies Financial Group cut shares of Steven Madden from a “hold” rating to an “underperform” rating and set a $30.00 price target on the stock. in a research note on Thursday. Wall Street Zen upgraded Steven Madden from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. UBS Group reiterated a “neutral” rating and issued a $43.00 price target on shares of Steven Madden in a research report on Tuesday, December 9th. BTIG Research reiterated a “buy” rating and set a $50.00 price objective on shares of Steven Madden in a research note on Thursday. Finally, Needham & Company LLC restated a “buy” rating and issued a $50.00 target price on shares of Steven Madden in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $43.63.

Steven Madden Stock Performance

Shares of SHOO opened at $35.71 on Thursday. Steven Madden has a 1 year low of $19.05 and a 1 year high of $46.88. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.91 and a quick ratio of 1.08. The stock’s fifty day moving average price is $43.41 and its two-hundred day moving average price is $36.10. The firm has a market cap of $2.59 billion, a PE ratio of 45.20 and a beta of 1.11.

Steven Madden (NASDAQ:SHOO) last announced its quarterly earnings data on Wednesday, November 5th. The textile maker reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.01). The firm had revenue of $667.88 million during 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 company’s revenue was up 6.9% compared to the same quarter last year. During the same period last year, the business posted $0.91 EPS. On average, equities research analysts forecast that Steven Madden will post 2.66 EPS for the current year.

Institutional Investors Weigh In On Steven Madden

Hedge funds have recently bought and sold shares of the stock. Scopus Asset Management L.P. bought a new position in shares of Steven Madden in the 3rd quarter worth $36,451,000. Boston Partners bought a new position in Steven Madden in the third quarter valued at $33,319,000. Invesco Ltd. raised its position in Steven Madden by 50.5% during the second quarter. Invesco Ltd. now owns 2,426,926 shares of the textile maker’s stock valued at $58,198,000 after purchasing an additional 814,318 shares in the last quarter. Neumeier Poma Investment Counsel LLC lifted its stake in Steven Madden by 155.9% during the third quarter. Neumeier Poma Investment Counsel LLC now owns 955,010 shares of the textile maker’s stock worth $31,974,000 after purchasing an additional 581,745 shares during the last quarter. Finally, Millennium Management LLC lifted its stake in Steven Madden by 1,170.4% during the first quarter. Millennium Management LLC now owns 617,049 shares of the textile maker’s stock worth $16,438,000 after purchasing an additional 568,477 shares during the last quarter. 99.88% of the stock is currently owned by institutional investors.

Key Headlines Impacting Steven Madden

Here are the key news stories impacting Steven Madden this week:

• Positive Sentiment: Multiple firms reaffirmed buy/outperform ratings and high price targets, supporting upside expectations — BTIG and Telsey each kept a $50 price target (~40% above current levels), and Needham issued a buy rating, all signaling continued analyst conviction in growth and margin recovery. Analyst Reaffirmations
• Positive Sentiment: Aggregated analyst data shows a consensus “Moderate Buy,” which can provide a baseline of support for the stock as investors weigh divergent views. Consensus Recommendation
• Neutral Sentiment: Wide analyst target dispersion (roughly $30 to $50) increases short-term volatility — bullish firms cite upside from pricing and brand strength, while bearish views focus on wholesale execution. This split means news flow and guidance will likely move the stock materially. Analyst Coverage Note
• Negative Sentiment: Jefferies downgraded SHOO from Hold to Underperform and cut its target to $30, pointing to near-term wholesale headwinds; that downgrade triggered heavy selling pressure and headlines about a sell-off. Jefferies Downgrade
• Negative Sentiment: Coverage in news outlets reports that large retail customers are reportedly rejecting price increases, which could pressure margins and wholesale revenue if retailers resist passing through higher costs. Those reports explain the sharp intraday weakness cited in market headlines. Wholesale Headwinds Coverage

About Steven Madden

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.