Steven Madden’s (SHOO) “Outperform” Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group reaffirmed their outperform rating on shares of Steven Madden (NASDAQ:SHOO) in a research note published on Thursday,Benzinga reports. They currently have a $50.00 price target on the textile maker’s stock.

A number of other analysts also recently weighed in on the company. Wall Street Zen upgraded Steven Madden from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Needham & Company LLC decreased their price target on shares of Steven Madden from $50.00 to $41.00 and set a “buy” rating on the stock in a research note on Wednesday. Zacks Research lowered shares of Steven Madden from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 5th. UBS Group reaffirmed a “neutral” rating on shares of Steven Madden in a research note on Monday, February 23rd. Finally, Piper Sandler lifted their target price 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. Five equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Steven Madden currently has a consensus rating of “Hold” and an average target price of $43.43.

Steven Madden Trading Down 2.1%

NASDAQ SHOO opened at $36.10 on Thursday. The company has a quick ratio of 1.08, a current ratio of 1.90 and a debt-to-equity ratio of 0.26. The stock’s 50-day simple moving average is $41.81 and its two-hundred day simple moving average is $37.47. Steven Madden has a twelve month low of $19.05 and a twelve month high of $46.88. The company has a market capitalization of $2.62 billion, a price-to-earnings ratio of 58.23 and a beta of 1.11.

Steven Madden (NASDAQ:SHOO) last posted its quarterly earnings data on Wednesday, February 25th. The textile maker reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. The firm had revenue of $753.70 million during the quarter, compared to analysts’ expectations of $758.53 million. Steven Madden had a return on equity of 13.60% and a net margin of 1.76%.The company’s revenue for the quarter was up 29.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.55 EPS. Research analysts forecast that Steven Madden will post 2.66 EPS for the current fiscal year.

Steven Madden Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Wednesday, March 11th will be issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Wednesday, March 11th. Steven Madden’s dividend payout ratio (DPR) is 135.48%.

Institutional Trading of Steven Madden

A number of institutional investors have recently modified their holdings of SHOO. Los Angeles Capital Management LLC purchased a new position in Steven Madden during the 4th quarter valued at about $30,000. Global Retirement Partners LLC grew its position in shares of Steven Madden by 1,064.3% in the 4th quarter. Global Retirement Partners LLC now owns 815 shares of the textile maker’s stock worth $34,000 after buying an additional 745 shares during the last quarter. First Horizon Corp increased its stake in shares of Steven Madden by 55.1% during the fourth quarter. First Horizon Corp now owns 892 shares of the textile maker’s stock valued at $37,000 after buying an additional 317 shares during the period. SBI Securities Co. Ltd. bought a new position in shares of Steven Madden during the third quarter valued at approximately $31,000. Finally, Farther Finance Advisors LLC raised its holdings in shares of Steven Madden by 79.4% during the fourth quarter. Farther Finance Advisors LLC now owns 983 shares of the textile maker’s stock valued at $41,000 after acquiring an additional 435 shares in the last quarter. 99.88% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Steven Madden

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.

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.