FY2026 EPS Estimates for Steven Madden Lowered by Analyst

Steven Madden, Ltd. (NASDAQ:SHOO - Free Report) - Investment analysts at Telsey Advisory Group decreased their FY2026 earnings estimates for Steven Madden in a report issued on Wednesday, April 30th. Telsey Advisory Group analyst D. Telsey now forecasts that the textile maker will post earnings of $2.40 per share for the year, down from their previous 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.

Steven Madden (NASDAQ:SHOO - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The textile maker reported $0.60 earnings per share for the quarter, beating analysts' consensus estimates of $0.46 by $0.14. The company had revenue of $551.38 million for the quarter, compared to the consensus estimate of $557.81 million. Steven Madden had a return on equity of 23.41% and a net margin of 7.68%. The firm's revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter last year, the company earned $0.65 earnings per share.

Several other research firms also recently issued reports on SHOO. Loop Capital decreased their price objective on shares of Steven Madden from $40.00 to $35.00 and set a "hold" rating on the stock in a report on Thursday, February 27th. Citigroup dropped their price target 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, May 1st. StockNews.com lowered Steven Madden from a "buy" rating to a "hold" rating in a report on Tuesday, January 14th. Piper Sandler decreased their price objective on Steven Madden from $35.00 to $25.00 and set a "neutral" rating for the company in a research note on Friday, April 11th. Finally, Jefferies Financial Group reissued a "hold" rating on shares of Steven Madden in a research report on Monday, February 3rd. Nine research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $31.86.

Steven Madden Stock Up 16.0 %

Shares of NASDAQ:SHOO traded up $3.21 during trading on Friday, hitting $23.34. The stock had a trading volume of 1,555,924 shares, compared to its average volume of 952,653. The stock has a 50-day simple moving average of $24.06 and a two-hundred day simple moving average of $35.92. The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of 9.96 and a beta of 1.04. Steven Madden has a 12-month low of $19.05 and a 12-month high of $50.01.

Steven Madden Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Monday, June 9th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 3.60%. Steven Madden's dividend payout ratio (DPR) is presently 35.74%.

Institutional Trading of Steven Madden

A number of hedge funds have recently added to or reduced their stakes in SHOO. Central Pacific Bank Trust Division boosted its holdings in Steven Madden by 7.4% during the fourth quarter. Central Pacific Bank Trust Division now owns 4,202 shares of the textile maker's stock worth $179,000 after buying an additional 290 shares in the last quarter. Mariner LLC grew its position in Steven Madden by 7.2% during the fourth quarter. Mariner LLC now owns 4,740 shares of the textile maker's stock valued at $202,000 after acquiring an additional 319 shares during the period. Moran Wealth Management LLC increased its stake in Steven Madden by 1.6% during the fourth quarter. Moran Wealth Management LLC now owns 21,126 shares of the textile maker's stock worth $898,000 after acquiring an additional 325 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Steven Madden by 20.9% in the 4th quarter. Blue Trust Inc. now owns 1,958 shares of the textile maker's stock worth $83,000 after purchasing an additional 339 shares during the period. Finally, Tidal Investments LLC lifted its stake in shares of Steven Madden by 2.4% in the 4th quarter. Tidal Investments LLC now owns 17,784 shares of the textile maker's stock valued at $756,000 after purchasing an additional 409 shares in the last quarter. 99.88% of the stock is owned by institutional investors and hedge funds.

About Steven Madden

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.