Steven Madden (NASDAQ:SHOO) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Steven Madden, Ltd. (NASDAQ:SHOO) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $34.82 and traded as high as $46.17. Steven Madden shares last traded at $45.26, with a volume of 1,290,010 shares changing hands.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Piper Sandler lifted their price objective on shares of Steven Madden from $40.00 to $50.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. Citigroup reissued a “buy” rating and set a $41.00 target price (up from $32.00) on shares of Steven Madden in a research note on Friday, October 17th. Zacks Research raised shares of Steven Madden from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 6th. UBS Group reiterated a “neutral” rating and set a $43.00 price objective on shares of Steven Madden in a report on Tuesday, December 9th. Finally, Needham & Company LLC upgraded Steven Madden from a “hold” rating to a “buy” rating and set a $50.00 target price for the company in a research note on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Steven Madden presently has a consensus rating of “Moderate Buy” and a consensus price target of $45.57.

Steven Madden Stock Performance

The stock has a market cap of $3.29 billion, a price-to-earnings ratio of 57.29 and a beta of 1.11. The company’s fifty day simple moving average is $42.84 and its two-hundred day simple moving average is $34.82. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.91 and a quick ratio of 1.08.

Steven Madden (NASDAQ:SHOO) last posted its earnings results on Wednesday, November 5th. The textile maker reported $0.43 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.01). Steven Madden had a return on equity of 14.28% and a net margin of 2.38%.The business had revenue of $667.88 million for the quarter, compared to the consensus estimate of $697.89 million. During the same period in the previous year, the firm earned $0.91 earnings per share. The company’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, analysts forecast that Steven Madden, Ltd. will post 2.66 earnings per share for the current year.

Steven Madden Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 15th were paid a $0.21 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $0.84 annualized dividend and a dividend yield of 1.9%. Steven Madden’s dividend payout ratio is 106.33%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. EverSource Wealth Advisors LLC grew its holdings in 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 buying an additional 485 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in Steven Madden during the 3rd quarter worth $31,000. Signaturefd LLC boosted its holdings in Steven Madden by 475.5% during the 2nd quarter. Signaturefd LLC now owns 2,492 shares of the textile maker’s stock worth $60,000 after acquiring an additional 2,059 shares during the last quarter. Parkside Financial Bank & Trust grew its stake in shares of Steven Madden by 616.8% in the 3rd 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 raised its holdings in shares of Steven Madden by 13.9% in 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. Hedge funds and other institutional investors own 99.88% of the company’s stock.

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.