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

BTIG Research reiterated their buy rating on shares of Steven Madden (NASDAQ:SHOO) in a research note released on Thursday,Benzinga reports. The brokerage currently has a $50.00 price objective on the textile maker’s stock.

Other analysts also recently issued reports about the company. Zacks Research downgraded Steven Madden from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. Piper Sandler upped their price objective on Steven Madden from $40.00 to $50.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. Wall Street Zen upgraded Steven Madden from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Needham & Company LLC cut their price target on shares of Steven Madden from $50.00 to $41.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Telsey Advisory Group restated an “outperform” rating and set a $50.00 price objective on shares of Steven Madden in a report on Thursday. Five investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $43.43.

Steven Madden Stock Performance

NASDAQ SHOO opened at $36.86 on Thursday. The company has a fifty day moving average price of $41.95 and a 200-day moving average price of $37.32. The firm has a market cap of $2.68 billion, a price-to-earnings ratio of 59.45 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 1 year low of $19.05 and a 1 year high of $46.88.

Steven Madden (NASDAQ:SHOO) last released its quarterly earnings results on Wednesday, February 25th. The textile maker reported $0.48 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $758.53 million. During the same period in the previous year, the company earned $0.55 earnings per share. The firm’s revenue for the quarter was up 29.6% compared to the same quarter last year. As a group, equities research analysts predict that Steven Madden will post 2.66 EPS for the current fiscal year.

Steven Madden Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders 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 annualized dividend and a dividend yield of 2.3%. Steven Madden’s payout ratio is 135.48%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Scopus Asset Management L.P. bought a new stake in Steven Madden during the 3rd quarter valued at $36,451,000. Boston Partners purchased a new position in shares of Steven Madden in the third quarter valued at $33,319,000. Invesco Ltd. grew its position in shares of Steven Madden by 50.5% in the second quarter. Invesco Ltd. now owns 2,426,926 shares of the textile maker’s stock valued at $58,198,000 after purchasing an additional 814,318 shares in the last quarter. Neumeier Poma Investment Counsel LLC raised its stake in shares of Steven Madden by 155.9% during the 3rd quarter. Neumeier Poma Investment Counsel LLC now owns 955,010 shares of the textile maker’s stock valued at $31,974,000 after purchasing an additional 581,745 shares during the period. Finally, Millennium Management LLC lifted its holdings in Steven Madden by 1,170.4% during the 1st quarter. Millennium Management LLC now owns 617,049 shares of the textile maker’s stock worth $16,438,000 after purchasing an additional 568,477 shares in the last quarter. 99.88% of the stock is owned by institutional investors.

Key Steven Madden News

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

• Positive Sentiment: Q4 beat and revenue growth — SHOO reported adjusted EPS of $0.48 (vs. $0.46 consensus) and revenue of $753.7M, up ~29.6% y/y largely due to the Kurt Geiger acquisition, which supports near-term top-line momentum. Steve Madden Announces Fourth Quarter and Full-Year 2025 Results
• Positive Sentiment: Analyst bullishness — BTIG Research and Telsey Advisory reaffirmed buy/outperform ratings with $50 price targets, signaling continued analyst confidence and upside versus current levels. Benzinga
• Positive Sentiment: Dividend declared — The board approved a $0.21 quarterly dividend (ex-div March 11), supporting income-focused investors and reducing downside risk from yield-seeking flows.
• Positive Sentiment: Short interest fell sharply — Short interest dropped ~24.2% in February, lowering potential bearish pressure and the risk of further short-driven volatility.
• Neutral Sentiment: Mixed analyst repositioning — Needham cut its price target from $50 to $41 but maintained a buy rating, a cautious move that tempers the more bullish $50 targets. Steven Madden Given New $41.00 Price Target at Needham
• Neutral Sentiment: FY26 revenue outlook provided — Management laid out a revenue range (~$2.7B–$2.8B), giving some guidance on scale but stopping short of profit guidance due to external risks. Steve Madden Announces Fourth Quarter and Full-Year 2025 Results
• Negative Sentiment: Tariff risk and withheld profit guidance — Management withheld FY26 profit guidance and cited lingering tariff uncertainty, which weighed on near-term earnings visibility and investor confidence. Steven Madden withholds FY26 profit guidance on lingering tariff risks
• Negative Sentiment: Revenue slightly below street — Q4 revenue came in just under some analyst estimates, a reminder that margin pressure and macro/headline risks (tariffs) could dampen earnings recovery despite top-line gains. Steven Madden Q4 results

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.