Zacks Research Forecasts Reduced Earnings for Steven Madden

Steven Madden, Ltd. (NASDAQ:SHOO) – Research analysts at Zacks Research reduced their Q1 2026 earnings per share (EPS) estimates for shares of Steven Madden in a report released on Tuesday, March 17th. Zacks Research analyst Team now forecasts that the textile maker will post earnings per share of $0.46 for the quarter, down from their prior estimate of $0.52. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Steven Madden’s current full-year earnings is $2.66 per share. Zacks Research also issued estimates for Steven Madden’s Q3 2026 earnings at $0.59 EPS, FY2026 earnings at $1.97 EPS, Q1 2027 earnings at $0.50 EPS, Q2 2027 earnings at $0.30 EPS, Q3 2027 earnings at $0.62 EPS, FY2027 earnings at $2.10 EPS and FY2028 earnings at $2.28 EPS.

A number of other research analysts also recently issued reports on the stock. Jefferies Financial Group downgraded shares of Steven Madden from a “hold” rating to an “underperform” rating and set a $30.00 price objective on the stock. in a research report on Thursday, February 5th. UBS Group reissued a “neutral” rating on shares of Steven Madden in a research report on Monday, February 23rd. BTIG Research restated a “buy” rating and issued a $50.00 target price on shares of Steven Madden in a research note on Thursday, February 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Steven Madden in a report on Thursday, January 22nd. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $50.00 price target on shares of Steven Madden in a research report on Thursday, February 26th. Five equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Steven Madden currently has a consensus rating of “Hold” and a consensus target price of $44.00.

Steven Madden Stock Performance

Shares of Steven Madden stock opened at $33.20 on Thursday. The company has a market capitalization of $2.42 billion, a PE ratio of 53.55 and a beta of 1.13. The company has a 50-day simple moving average of $39.23 and a two-hundred day simple moving average of $38.00. Steven Madden has a one year low of $19.05 and a one year high of $46.88. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.11 and a current ratio of 1.90.

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

Steven Madden Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Wednesday, March 11th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Wednesday, March 11th. Steven Madden’s dividend payout ratio (DPR) is presently 135.48%.

Insider Buying and Selling

In related news, Director Arian Simone Reed sold 3,600 shares of Steven Madden stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $33.44, for a total value of $120,384.00. Following the completion of the sale, the director directly owned 8,705 shares in the company, valued at $291,095.20. This trade represents a 29.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.22% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Scopus Asset Management L.P. purchased a new stake in shares of Steven Madden during the third quarter valued at $36,451,000. Boston Partners purchased a new position in Steven Madden in the 3rd quarter worth $33,319,000. Invesco Ltd. lifted its position in Steven Madden by 50.5% during the 2nd quarter. Invesco Ltd. now owns 2,426,926 shares of the textile maker’s stock worth $58,198,000 after acquiring an additional 814,318 shares during the period. Neumeier Poma Investment Counsel LLC grew its stake in 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 last quarter. Finally, Millennium Management LLC grew its stake 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 valued at $16,438,000 after purchasing an additional 568,477 shares during the last quarter. Hedge funds and other institutional investors own 99.88% of the company’s stock.

Key Stories Impacting Steven Madden

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

• Positive Sentiment: Q4 results showed an EPS beat (reported $0.48 vs. $0.46 consensus) and revenue grew ~29.6% year-over-year, which supports near-term earnings momentum. The print also compares favorably to peers in the footwear/consumer discretionary group. Q4 Earnings Highlights: Steven Madden (NASDAQ:SHOO) Vs The Rest Of The Consumer Discretionary – Footwear Stocks
• Positive Sentiment: Zacks raised its FY2026 EPS projection to $1.97 (from $1.82) and lifted FY2027 to $2.10, signaling improved analyst expectations for multi‑year profitability versus prior estimates — a constructive development for forward valuation metrics.
• Neutral Sentiment: Zacks also issued FY2028 and updated mid‑cycle quarter estimates (e.g., higher Q3 2026/Q3 2027 forecasts and a FY2028 EPS of $2.28). These longer‑range upgrades are supportive but further out in time, so they have a more muted immediate share‑price impact.
• Negative Sentiment: Zacks trimmed several near‑term quarterly estimates (Q1 2026 down to $0.46 from $0.52; Q1 2027 and Q2 2027 also cut), and importantly retains a “Strong Sell” rating — a clear bearish anchor that may limit buying enthusiasm despite the estimate tweaks.
• Negative Sentiment: Although revenue grew strongly, Q4 revenue slightly missed analyst expectations and net margin remains low (reported net margin ~1.8%), which raises questions about margin recovery and near‑term profitability. These execution concerns can weigh on multiple and sentiment despite EPS beats.

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.