Steven Madden, Ltd. (SHOO) - What Are Brokerages Saying About This Stock?

Key Points

• Analyst sentiment is moderately bullish: Steven Madden has a consensus “Moderate Buy” rating from 10 analysts, with an average 12-month price target of $51.80 versus the reported share price of $44.75.
• Recent results exceeded expectations: The company reported quarterly EPS of $0.44, beating estimates of $0.33, while revenue reached $665.87 million and rose 19.1% year over year.
• Investors are receiving income, but insiders have been selling: Steven Madden pays a quarterly dividend of $0.21, representing a 1.9% annualized yield, while insiders sold 9,086 shares worth about $440,212 over the past three months.

Steven Madden, Ltd. (NASDAQ:SHOO - Get Free Report) has earned a consensus rating of "Moderate Buy" from the ten research firms that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $51.80.

Several analysts have recently weighed in on the company. Telsey Advisory Group lifted their target price on Steven Madden from $50.00 to $55.00 and gave the stock an "outperform" rating in a research report on Friday, July 31st. UBS Group restated a "neutral" rating and issued a $45.00 price target (up from $40.00) on shares of Steven Madden in a report on Friday, July 31st. Capital One Financial set a $60.00 price target on shares of Steven Madden in a research note on Tuesday, September 8th. Citigroup reiterated a "buy" rating and set a $55.00 price objective (up from $45.00) on shares of Steven Madden in a report on Friday, July 31st. Finally, Zacks Research lowered shares of Steven Madden from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 4th.

Steven Madden Trading Up 0.1%

Shares of NASDAQ SHOO opened at $44.75 on Wednesday. Steven Madden has a fifty-two week low of $31.33 and a fifty-two week high of $49.70. 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 company has a market cap of $3.27 billion, a price-to-earnings ratio of 22.49 and a beta of 1.17. The business's 50 day moving average price is $44.78 and its 200-day moving average price is $42.26.

Steven Madden (NASDAQ:SHOO - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The textile maker reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.33 by $0.11. The company had revenue of $665.87 million during the quarter, compared to analysts' expectations of $635.39 million. Steven Madden had a return on equity of 13.85% and a net margin of 5.23%. Steven Madden's revenue was up 19.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.20 EPS. Steven Madden has set its FY 2026 guidance at 2.050-2.150 EPS. On average, sell-side analysts expect that Steven Madden will post 2.15 earnings per share for the current year.

Steven Madden Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Friday, September 11th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Friday, September 11th. Steven Madden's dividend payout ratio is currently 42.21%.

Insider Transactions at Steven Madden

In other news, Director Arian Reed sold 1,250 shares of the firm's stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $48.76, for a total transaction of $60,950.00. Following the transaction, the director directly owned 8,196 shares of the company's stock, valued at approximately $399,636.96. This trade represents a 13.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Al Ferrara sold 3,918 shares of Steven Madden stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $48.26, for a total transaction of $189,082.68. Following the sale, the director directly owned 26,197 shares of the company's stock, valued at $1,264,267.22. This represents a 13.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 9,086 shares of company stock valued at $440,212. 2.21% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Neumeier Poma Investment Counsel LLC purchased a new stake in shares of Steven Madden in the 2nd quarter valued at $49,890,563. Bank of New York Mellon Corp acquired a new stake in shares of Steven Madden in the second quarter worth $25,618,000. Fort Washington Investment Advisors Inc. OH raised its holdings in shares of Steven Madden by 58.7% during the first quarter. Fort Washington Investment Advisors Inc. OH now owns 708,053 shares of the textile maker's stock worth $24,017,000 after purchasing an additional 262,000 shares during the last quarter. Governors Lane LP purchased a new position in shares of Steven Madden during the fourth quarter worth $5,763,000. Finally, Dimensional Fund Advisors LP raised its holdings 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 worth $79,819,000 after purchasing an additional 99,066 shares during the last quarter. 99.88% of the stock is currently owned by hedge funds and other institutional investors.

Steven Madden Company Profile

Steven Madden, Ltd. is a footwear and fashion accessories company that designs, sources and markets products under a portfolio of proprietary and licensed brands. Its offerings include women's, men's and children's footwear, handbags, accessories, apparel and related lifestyle products. The company's best-known brand is Steve Madden, complemented by brands such as Dolce Vita, Betsey Johnson, Freebird and Mad Love.

The company sells its products through multiple channels, including department stores, specialty retailers, mass-market merchants, company-operated retail locations and e-commerce platforms.

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