Steven Madden, Ltd. (NASDAQ:SHOO) Given Consensus Recommendation of “Moderate Buy” by Analysts

Steven Madden, Ltd. (NASDAQ:SHOO) has been given a consensus recommendation of “Moderate Buy” by the ten research firms that are covering the stock, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $44.8333.

A number of research analysts have recently commented on the company. Telsey Advisory Group reiterated an “outperform” rating and set a $50.00 price target on shares of Steven Madden in a report on Wednesday. Piper Sandler upped their target price 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. BTIG Research restated a “buy” rating and issued a $50.00 price target (up from $43.00) on shares of Steven Madden in a research report on Thursday, December 4th. Wall Street Zen upgraded shares of Steven Madden from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Steven Madden in a research note on Wednesday, October 8th.

Steven Madden Stock Down 1.9%

Steven Madden stock opened at $42.89 on Thursday. 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 has a fifty-two week low of $19.05 and a fifty-two week high of $44.99. The firm has a fifty day moving average price of $38.44 and a two-hundred day moving average price of $31.35. The firm has a market cap of $3.12 billion, a price-to-earnings ratio of 54.29 and a beta of 1.13.

Steven Madden (NASDAQ:SHOO) last posted its quarterly earnings data on Wednesday, November 5th. The textile maker reported $0.43 EPS for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $697.89 million. During the same quarter in the previous year, the firm posted $0.91 earnings per share. The company’s revenue for the quarter was up 6.9% on a year-over-year basis. Steven Madden has set its Q4 2025 guidance at 0.410-0.460 EPS. As a group, analysts forecast that Steven Madden will post 2.66 earnings per share for the current year.

Steven Madden Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Monday, December 15th will be given a $0.21 dividend. The ex-dividend date is Monday, December 15th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.0%. Steven Madden’s dividend payout ratio (DPR) is currently 106.33%.

Institutional Trading of Steven Madden

A number of institutional investors and hedge funds have recently modified their holdings of SHOO. EverSource Wealth Advisors LLC lifted its position in Steven Madden by 86.6% in the second 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. SBI Securities Co. Ltd. acquired a new position in shares of Steven Madden in the 3rd quarter valued at $31,000. Signaturefd LLC lifted its holdings in shares of 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 period. Parkside Financial Bank & Trust lifted its holdings in shares of Steven Madden by 616.8% during 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 during the period. Finally, Public Employees Retirement System of Ohio boosted its position in shares of Steven Madden by 13.9% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 2,324 shares of the textile maker’s stock valued at $78,000 after acquiring an additional 283 shares in the last quarter. 99.88% of the stock is currently owned by institutional investors.

Steven Madden Company Profile

Steven Madden, Ltd. designs, sources, and markets fashion-forward branded and private label footwear, accessories, and apparel in the United States and internationally. It operates through Wholesale Footwear, Wholesale Accessories/Apparel, Direct-to- Consumer, and Licensing segments. The Wholesale Footwear segment designs, sources, and markets various products, including dress shoes, boots, booties, fashion sneakers, sandals, and casual shoes under the Steve Madden, Dolce Vita, Betsey Johnson, Blondo, GREATS, and Anne Klein brands.