Steven Madden, Ltd. (NASDAQ:SHOO) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Analysts give Steven Madden a “Moderate Buy” consensus, with five buy ratings, one strong-buy, three holds and one sell. The average 12-month price target is $51.80, above the reported share price of $42.11.
• Steven Madden exceeded quarterly expectations, reporting $0.44 in EPS versus a $0.33 consensus and $665.87 million in revenue, up 19.1% year over year. The company projects fiscal 2026 EPS of $2.05–$2.15.
• The company declared a quarterly dividend of $0.21, equivalent to $0.84 annually and a 2.0% yield. Meanwhile, insiders sold 9,086 shares worth $440,212 over the past 90 days, while institutional investors own 99.88% of the stock.

Steven Madden, Ltd. (NASDAQ:SHOO - Get Free Report) has earned an average recommendation of "Moderate Buy" from the ten analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $51.80.

SHOO has been the topic of several analyst reports. BTIG Research reiterated a "buy" rating and issued a $50.00 target price on shares of Steven Madden in a research note on Monday, July 27th. Citigroup reiterated a "buy" rating and issued a $55.00 price objective (up from $45.00) on shares of Steven Madden in a report on Friday, July 31st. Zacks Research cut shares of Steven Madden from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 4th. Capital One Financial set a $60.00 price target on shares of Steven Madden in a report on Tuesday, September 8th. Finally, Needham & Company LLC boosted their price objective on shares of Steven Madden from $45.00 to $52.00 and gave the company a "buy" rating in a report on Friday, June 12th.

Insider Activity at Steven Madden

In other news, Director Mitchell S. Klipper sold 3,918 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $48.54, for a total value of $190,179.72. Following the transaction, the director owned 32,555 shares in the company, valued at $1,580,219.70. This represents a 10.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Arian Reed sold 1,250 shares of the firm's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $48.76, for a total transaction of $60,950.00. Following the completion of the transaction, the director directly owned 8,196 shares in the company, valued at approximately $399,636.96. The trade was a 13.23% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 9,086 shares of company stock worth $440,212. 2.21% of the stock is owned by insiders.

Institutional Trading of Steven Madden

Several hedge funds have recently bought and sold shares of SHOO. Engineers Gate Manager LP lifted its position in shares of Steven Madden by 61.5% during the 2nd quarter. Engineers Gate Manager LP now owns 12,111 shares of the textile maker's stock valued at $510,000 after buying an additional 4,611 shares in the last quarter. Integrated Wealth Concepts LLC bought a new stake in Steven Madden during the 2nd quarter worth approximately $32,000. Nykredit A S purchased a new position in Steven Madden during the second quarter valued at approximately $128,000. iSAM Funds UK Ltd bought a new position in shares of Steven Madden in the second quarter worth approximately $312,000. Finally, Headlands Technologies LLC purchased a new stake in shares of Steven Madden in the second quarter worth $469,000. Institutional investors own 99.88% of the company's stock.

Steven Madden Price Performance

SHOO stock opened at $42.11 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.13 and a current ratio of 1.91. The firm has a 50 day moving average price of $44.60 and a 200-day moving average price of $40.88. Steven Madden has a 52-week low of $31.33 and a 52-week high of $49.70. The firm has a market capitalization of $3.08 billion, a price-to-earnings ratio of 21.16 and a beta of 1.15.

Steven Madden (NASDAQ:SHOO - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.11. The company had revenue of $665.87 million for the quarter, compared to the consensus estimate of $635.39 million. Steven Madden had a return on equity of 13.85% and a net margin of 5.23%.The firm's quarterly revenue was up 19.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.20 EPS. Steven Madden has set its FY 2026 guidance at 2.050-2.150 EPS. Equities research analysts forecast that Steven Madden will post 2.15 EPS for the current fiscal year.

Steven Madden Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Friday, September 11th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $0.84 annualized dividend and a dividend yield of 2.0%. Steven Madden's payout ratio is presently 42.21%.

About Steven Madden

Steven Madden, Ltd. is a fashion footwear, accessories and apparel company headquartered in Long Island City, New York. Founded in 1990 by designer Steve Madden, the company has developed into a global lifestyle brand serving consumers through wholesale distribution, company-operated retail stores and e-commerce channels.

The company's portfolio includes the Steve Madden brand and a range of other footwear, accessories and apparel labels, including Dolce Vita, Betsey Johnson, Sam Edelman, Blondo, GREATS!, BB Dakota and Mad Love.

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