Zacks Research Forecasts Stronger Earnings for Steven Madden

Steven Madden, Ltd. (NASDAQ:SHOO) – Stock analysts at Zacks Research upped their FY2026 earnings per share (EPS) estimates for Steven Madden in a research note issued to investors on Friday, May 22nd. Zacks Research analyst Team now anticipates that the textile maker will post earnings per share of $2.06 for the year, up from their previous estimate of $1.97. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Steven Madden’s current full-year earnings is $2.09 per share. Zacks Research also issued estimates for Steven Madden’s Q4 2026 earnings at $0.71 EPS, Q3 2027 earnings at $0.68 EPS, Q1 2028 earnings at $0.47 EPS and FY2028 earnings at $2.43 EPS.

Steven Madden (NASDAQ:SHOO) last announced its quarterly earnings data on Wednesday, May 6th. The textile maker reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.03. The business had revenue of $653.10 million for the quarter, compared to analysts’ expectations of $646.64 million. Steven Madden had a return on equity of 12.29% and a net margin of 2.89%.The company’s revenue for the quarter was up 18.0% compared to the same quarter last year. During the same period last year, the firm earned $0.60 earnings per share. Steven Madden has set its FY 2026 guidance at 2.000-2.100 EPS.

Several other analysts have also recently issued reports on the company. BTIG Research reiterated a “buy” rating and issued a $50.00 price objective on shares of Steven Madden in a research note on Thursday, April 30th. Telsey Advisory Group restated an “outperform” rating and issued a $50.00 price target on shares of Steven Madden in a research note on Thursday, February 26th. Jefferies Financial Group cut 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, February 5th. Wall Street Zen cut Steven Madden from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Williams Trading set a $48.00 price target on Steven Madden in a research note on Tuesday, March 10th. 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 stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $43.88.

Steven Madden Price Performance

Shares of NASDAQ SHOO opened at $41.93 on Monday. The stock has a market cap of $3.06 billion, a P/E ratio of 39.93 and a beta of 1.12. The company has a current ratio of 2.23, a quick ratio of 1.42 and a debt-to-equity ratio of 0.30. Steven Madden has a 12-month low of $22.26 and a 12-month high of $46.88. The business’s fifty day simple moving average is $36.73 and its 200-day simple moving average is $39.37.

Hedge Funds Weigh In On Steven Madden

Several hedge funds have recently made changes to their positions in SHOO. Los Angeles Capital Management LLC purchased a new position in shares of Steven Madden during the fourth quarter worth about $30,000. Global Retirement Partners LLC grew its holdings in shares of Steven Madden by 1,064.3% during the fourth 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 grew its holdings 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 worth $37,000 after buying an additional 317 shares during the last quarter. SBI Securities Co. Ltd. purchased a new position in shares of Steven Madden during the third quarter worth about $31,000. Finally, Farther Finance Advisors LLC grew 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 worth $41,000 after buying an additional 435 shares during the last quarter. Hedge funds and other institutional investors own 99.88% of the company’s stock.

Insider Activity

In other Steven Madden news, Director Arian Simone Reed sold 3,600 shares of the firm’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $33.44, for a total transaction of $120,384.00. Following the transaction, the director owned 8,705 shares of the company’s stock, valued at approximately $291,095.20. This trade represents a 29.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 2.21% of the company’s stock.

Steven Madden Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Monday, June 8th will be issued a dividend of $0.21 per share. The ex-dividend date of this dividend is Monday, June 8th. This represents a $0.84 annualized dividend and a dividend yield of 2.0%. Steven Madden’s dividend payout ratio (DPR) is presently 80.00%.

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.