Steven Madden, Ltd. (NASDAQ:SHOO) Stock Has Average Price Target of $52.20 According to Analysts

Key Points

• Analyst sentiment is broadly positive: Ten firms rate Steven Madden “Moderate Buy” overall—five Buy, one Strong Buy and four Hold—with an average 12-month price target of $52.20.
• Quarterly earnings beat expectations, but revenue fell slightly short: Steven Madden reported adjusted earnings of $0.79 per share versus $0.73 expected, while revenue of $772.6 million missed consensus. Revenue grew 15% year over year, and the company raised its 2026 sales and adjusted-profit outlook.
• The company declared a quarterly dividend of $0.21 per share, equivalent to $0.84 annually and a 2.1% yield based on the article’s share-price data.

Shares of Steven Madden, Ltd. (NASDAQ:SHOO - Get Free Report) have been given an average rating of "Moderate Buy" by the ten research firms that are covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $52.20.

SHOO has been the topic of several recent analyst reports. Wall Street Zen upgraded shares of Steven Madden from a "buy" rating to a "strong-buy" rating in a research report on Saturday, October 17th. UBS Group restated a "neutral" rating and set a $45.00 target price (up from $40.00) on shares of Steven Madden in a research note on Friday, July 31st. Williams Trading set a $56.00 target price on shares of Steven Madden in a report on Monday, August 3rd. Weiss Ratings lowered Steven Madden from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday, October 30th. Finally, Citigroup reiterated a "buy" rating and issued a $55.00 price target (up from $45.00) on shares of Steven Madden in a research note on Friday, July 31st.

Institutional Trading of Steven Madden

Several institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its position in shares of Steven Madden by 4.4% during the first quarter. Dimensional Fund Advisors LP now owns 2,353,331 shares of the textile maker's stock valued at $79,819,000 after purchasing an additional 99,066 shares in the last quarter. Neumeier Poma Investment Counsel LLC bought a new stake in shares of Steven Madden in the second quarter worth about $49,890,563. Aberdeen Group plc lifted its position in shares of Steven Madden by 262.4% in the third quarter. Aberdeen Group plc now owns 1,094,798 shares of the textile maker's stock worth $49,014,000 after buying an additional 792,676 shares in the last quarter. Vise Technologies Inc. purchased a new stake in shares of Steven Madden in the third quarter worth about $29,302,000. Finally, Fort Washington Investment Advisors Inc. OH lifted its position in shares of Steven Madden by 13.6% in the third quarter. Fort Washington Investment Advisors Inc. OH now owns 645,578 shares of the textile maker's stock worth $28,903,000 after buying an additional 77,108 shares in the last quarter. Hedge funds and other institutional investors own 99.88% of the company's stock.

Steven Madden Trading Up 1.3%

Shares of NASDAQ:SHOO opened at $39.50 on Friday. The stock has a 50 day moving average of $43.69 and a 200 day moving average of $41.38. The company has a market cap of $2.89 billion, a PE ratio of 16.32 and a beta of 1.14. Steven Madden has a 12-month low of $31.33 and a 12-month high of $49.70. The company has a current ratio of 1.86, a quick ratio of 1.13 and a debt-to-equity ratio of 0.12.

Steven Madden (NASDAQ:SHOO - Get Free Report) last released its earnings results on Thursday, November 5th. The textile maker reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.06. Steven Madden had a net margin of 6.16% and a return on equity of 16.19%. The company had revenue of $772.61 million for the quarter, compared to analysts' expectations of $774.35 million. During the same quarter last year, the business earned $0.43 EPS. The firm's revenue was up 15.0% compared to the same quarter last year. As a group, equities research analysts expect that Steven Madden will post 2.20 EPS for the current year.

Steven Madden Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 24th. Stockholders of record on Friday, December 11th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, December 11th. Steven Madden's payout ratio is presently 42.21%.

Key Stories Impacting Steven Madden

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

• Positive Sentiment: Q3 profit beat and outlook raised: Steven Madden reported earnings of $0.79 per share, above analyst expectations. Revenue rose about 15% year over year, while wholesale sales increased 19.4% and margins improved. Management raised its 2026 sales and adjusted EPS outlook, giving investors reasons for optimism despite the slight revenue miss. SHOO Q3 Earnings Beat on Wholesale Strength, 2026 Outlook Raised
• Positive Sentiment: Bullish analyst view: BTIG reiterated its Buy rating and $55 price target, citing the strong quarter and raised outlook. BTIG Buy rating and price target
• Neutral Sentiment: Dividend declared: The company announced a quarterly dividend of $0.21 per share, equivalent to $0.84 annually. Steven Madden reports results and declares dividend
• Negative Sentiment: Revenue narrowly missed estimates: Quarterly revenue of $772.6 million came in slightly below the roughly $774 million consensus, tempering the earnings beat. Steven Madden raises 2026 profit outlook after Q3 earnings beat, sales miss
• Negative Sentiment: Some caution on valuation and risks: Needham lowered its price target to $45 while keeping a Buy rating; Jefferies’ Hold view points to risks that may limit enthusiasm. Jefferies analyst view on Steven Madden

Steven Madden Company Profile

Steven Madden, Ltd. is a fashion company that designs, sources, markets and sells footwear, handbags, accessories and apparel. Its products are offered under the Steve Madden brand and a portfolio of owned, licensed and distributed brands, including Dolce Vita, Betsey Johnson, Blondo, Mad Love and Greats.

The company sells its products through wholesale channels, including department stores, specialty retailers and online retailers, as well as through its own retail stores and e-commerce websites.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.