Steven Madden’s (SHOO) Buy Rating Reiterated at BTIG Research

BTIG Research reaffirmed their buy rating on shares of Steven Madden (NASDAQ:SHOO) in a report issued on Thursday,Benzinga reports. BTIG Research currently has a $50.00 price target on the textile maker’s stock.

A number of other research analysts have also recently issued reports on the company. Jefferies Financial Group cut Steven Madden from a “hold” rating to an “underperform” rating and set a $30.00 price objective for the company. in a research note on Thursday, February 5th. UBS Group reaffirmed a “neutral” rating on shares of Steven Madden in a research report on Monday, February 23rd. Piper Sandler upped their price target on shares of Steven Madden from $40.00 to $50.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. Weiss Ratings restated a “hold (c)” rating on shares of Steven Madden in a research note on Thursday, January 22nd. Finally, Zacks Research cut shares of Steven Madden from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 5th. Five equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Steven Madden has a consensus rating of “Hold” and a consensus target price of $43.43.

Steven Madden Trading Down 2.1%

NASDAQ:SHOO opened at $36.10 on Thursday. The firm has a market capitalization of $2.62 billion, a P/E ratio of 58.23 and a beta of 1.11. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.90 and a quick ratio of 1.08. Steven Madden has a one year low of $19.05 and a one year high of $46.88. The company’s 50-day simple moving average is $41.81 and its 200 day simple moving average is $37.47.

Steven Madden (NASDAQ:SHOO) last announced its earnings results on Wednesday, February 25th. The textile maker reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. Steven Madden had a net margin of 1.76% and a return on equity of 13.60%. The business had revenue of $753.70 million during the quarter, compared to the consensus estimate of $758.53 million. During the same quarter last year, the firm earned $0.55 earnings per share. The business’s revenue for the quarter was up 29.6% on a year-over-year basis. As a group, analysts forecast 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, March 20th. Shareholders of record on Wednesday, March 11th will be given a $0.21 dividend. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $0.84 dividend on an annualized basis and a yield of 2.3%. Steven Madden’s payout ratio is 135.48%.

Institutional Trading of Steven Madden

A number of large investors have recently made changes to their positions in SHOO. EverSource Wealth Advisors LLC grew its position in Steven Madden by 86.6% in the 2nd 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 during the period. Los Angeles Capital Management LLC bought a new position in shares of Steven Madden during the 4th quarter valued at $30,000. SBI Securities Co. Ltd. purchased a new position in shares of Steven Madden in the 3rd quarter worth $31,000. Global Retirement Partners LLC grew its holdings in shares of Steven Madden by 1,064.3% in the fourth quarter. Global Retirement Partners LLC now owns 815 shares of the textile maker’s stock worth $34,000 after acquiring an additional 745 shares during the period. Finally, First Horizon Corp grew its holdings in shares of Steven Madden by 55.1% in the fourth quarter. First Horizon Corp now owns 892 shares of the textile maker’s stock worth $37,000 after acquiring an additional 317 shares during the period. 99.88% of the stock is currently owned by institutional investors.

Key Steven Madden News

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

• Positive Sentiment: Analyst re-affirmations: BTIG kept a “buy” and Telsey Advisory Group kept an “outperform,” each with a $50 price target (roughly ~38% upside vs current levels), giving fundamental support to the stock. Read More.
• Positive Sentiment: Short interest fell sharply in February (down ~24% to ~3.38M shares, ~4.8% of float), reducing immediate short-selling pressure and potential downside from short-covering dynamics.
• Neutral Sentiment: Q4 results were mixed: EPS beat estimates ($0.48 vs. $0.46) and revenue grew ~29.6% year-over-year, but top-line slightly missed consensus ($753.7M vs. ~$758.5M). The transcript notes the company’s plans to refocus on organic growth and continued aggressive pricing strategies — strategic positives but execution still in progress. Read More.
• Neutral Sentiment: Needham set a new $41 price target — modestly above current levels — signaling some near-term upside is still seen by certain sell-side analysts. Read More.
• Neutral Sentiment: Coverage pieces discuss management’s stated objective to return to organic growth and maintain aggressive pricing; these are strategic themes that could boost margins if demand holds, but they create execution risk in a soft consumer environment. Read More.
• Negative Sentiment: Analyst downgrade and gap down: at least one downgrade was reported that triggered an intra-session gap and additional selling pressure. Read More.
• Negative Sentiment: Management withheld FY26 profit guidance, citing lingering tariff risks — this increased uncertainty about next-year earnings and was a key catalyst for the downward move. Read More.
• Neutral Sentiment: Market write-ups summarizing the day’s selloff note the combination of the withheld guidance + downgrade as the main reasons SHOO traded lower. Read More.

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.