Steven Madden FY2026 EPS Decreased by Telsey Advisory Group

Steven Madden, Ltd. (NASDAQ:SHOO - Free Report) - Equities research analysts at Telsey Advisory Group cut their FY2026 earnings per share estimates for shares of Steven Madden in a report released on Wednesday, April 30th. Telsey Advisory Group analyst D. Telsey now anticipates that the textile maker will post earnings per share of $2.40 for the year, down from their prior estimate of $2.65. Telsey Advisory Group has a "Market Perform" rating and a $24.00 price target on the stock. The consensus estimate for Steven Madden's current full-year earnings is $2.66 per share.

A number of other analysts have also recently commented on SHOO. Piper Sandler lowered their target price on shares of Steven Madden from $35.00 to $25.00 and set a "neutral" rating for the company in a research note on Friday, April 11th. UBS Group dropped their price objective on shares of Steven Madden from $24.00 to $22.00 and set a "neutral" rating on the stock in a report on Wednesday, April 23rd. Loop Capital lowered their price target on Steven Madden from $40.00 to $35.00 and set a "hold" rating for the company in a research report on Thursday, February 27th. Needham & Company LLC restated a "hold" rating on shares of Steven Madden in a research note on Friday. Finally, Citigroup decreased their price objective on shares of Steven Madden from $35.00 to $23.00 and set a "neutral" rating for the company in a research note on Thursday. Nine investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $31.86.

Steven Madden Stock Performance

SHOO traded down $0.41 on Friday, hitting $20.68. The company had a trading volume of 1,851,505 shares, compared to its average volume of 941,595. The stock has a market capitalization of $1.50 billion, a price-to-earnings ratio of 8.80 and a beta of 0.98. The stock has a fifty day moving average price of $24.32 and a 200-day moving average price of $36.04. Steven Madden has a 12-month low of $19.05 and a 12-month high of $50.01.

Steven Madden (NASDAQ:SHOO - Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The textile maker reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.02. The company had revenue of $582.32 million for the quarter, compared to analyst estimates of $550.37 million. Steven Madden had a return on equity of 23.41% and a net margin of 7.68%.

Steven Madden Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Monday, March 10th were issued a $0.21 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.84 dividend on an annualized basis and a yield of 4.06%. Steven Madden's payout ratio is currently 35.74%.

Institutional Investors Weigh In On Steven Madden

A number of hedge funds have recently modified their holdings of SHOO. Pictet Asset Management Holding SA raised its position in Steven Madden by 17.9% in the fourth quarter. Pictet Asset Management Holding SA now owns 10,503 shares of the textile maker's stock valued at $447,000 after purchasing an additional 1,594 shares during the period. Bank of Montreal Can raised its holdings in shares of Steven Madden by 5.5% in the 4th quarter. Bank of Montreal Can now owns 10,660 shares of the textile maker's stock valued at $453,000 after purchasing an additional 554 shares in the last quarter. Principal Financial Group Inc. boosted its position in shares of Steven Madden by 3.1% during the 4th quarter. Principal Financial Group Inc. now owns 381,196 shares of the textile maker's stock worth $16,208,000 after acquiring an additional 11,602 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Steven Madden by 26.4% during the fourth quarter. JPMorgan Chase & Co. now owns 584,068 shares of the textile maker's stock worth $24,835,000 after purchasing an additional 121,972 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Steven Madden by 2.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,122,680 shares of the textile maker's stock valued at $47,736,000 after acquiring an additional 25,903 shares in the last quarter. 99.88% of the stock is currently owned by institutional investors and hedge funds.

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.