Steven Madden (SHOO) Stock Forecast & Price Target

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$39.12

+0.57 (+1.48%)

(As of 05:21 PM ET)

Steven Madden Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 7 Analyst Ratings

Analysts' Consensus Price Target

$41.38
5.76% Upside

High Forecast	$45.00
Average Forecast	$41.38
Low Forecast	$37.00

Type	Current Forecast 4/20/23 to 4/19/24	1 Month Ago 3/21/23 to 3/20/24	3 Months Ago 1/20/23 to 1/20/24	1 Year Ago 4/20/22 to 4/20/23
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	2 Buy rating(s)	5 Buy rating(s)
Hold	6 Hold rating(s)	7 Hold rating(s)	5 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$41.38	$41.38	$37.86	$40.14
Predicted Upside	5.76% Upside	3.24% Upside	6.14% Upside	17.88% Upside

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SHOO Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SHOO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Steven Madden Stock vs. The Competition

Type	Steven Madden	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.14	2.54	2.49
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	7.33% Upside	94.50% Upside	12.31% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
2/29/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$41.00 ➝ $43.00	+0.40%
2/29/2024	Telsey Advisory Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Market Perform	$39.00 ➝ $44.00	+1.69%
2/21/2024	Williams Trading Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Hold	$44.00	+0.99%
2/14/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$45.00	+7.17%
2/7/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$36.00 ➝ $38.00	-9.16%
1/4/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Hold	$40.00	-2.18%
9/19/2023	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy	$40.00	+27.31%
8/3/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$35.00 ➝ $37.00	+8.31%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 06:14 PM ET.

SHOO Price Target - Frequently Asked Questions

What is Steven Madden's consensus rating and price target?: According to the issued ratings of 7 analysts in the last year, the consensus rating for Steven Madden stock is Hold based on the current 6 hold ratings and 1 buy rating for SHOO. The average twelve-month price prediction for Steven Madden is $41.38 with a high price target of $45.00 and a low price target of $37.00. Learn more on SHOO's analyst rating history.
Do Wall Street analysts like Steven Madden more than its competitors?: Analysts like Steven Madden less than other Consumer Discretionary companies. The consensus rating for Steven Madden is Hold while the average consensus rating for consumer discretionary companies is Moderate Buy. Learn more on how SHOO compares to other companies.
Is Steven Madden being downgraded by Wall Street analysts?: Over the previous 90 days, Steven Madden's stock had 1 downgrade by analysts.

Does Steven Madden's stock price have much upside?: According to analysts, Steven Madden's stock has a predicted upside of 2.45% based on their 12-month stock forecasts.
What analysts cover Steven Madden?: Steven Madden has been rated by Citigroup, Piper Sandler, Telsey Advisory Group, Wedbush, and Williams Trading in the past 90 days.

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This page (NASDAQ:SHOO) was last updated on 4/19/2024 by MarketBeat.com Staff

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Steven Madden (SHOO) Stock Forecast & Price Target

Steven Madden Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

SHOO Analyst Ratings By Month

SHOO Price Targets by Month

Steven Madden Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

SHOO Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

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