Q2 EPS Estimates for Steven Madden Lowered by Analyst

Steven Madden, Ltd. (NASDAQ:SHOO - Free Report) - Analysts at Telsey Advisory Group reduced their Q2 2026 EPS estimates for Steven Madden in a note issued to investors on Wednesday, June 4th. Telsey Advisory Group analyst D. Telsey now anticipates that the textile maker will post earnings of $0.33 per share for the quarter, down from their previous estimate of $0.49. Telsey Advisory Group currently has a "Market Perform" rating and a $24.00 target price on the stock. The consensus estimate for Steven Madden's current full-year earnings is $2.66 per share. Telsey Advisory Group also issued estimates for Steven Madden's Q3 2026 earnings at $0.65 EPS and FY2026 earnings at $2.00 EPS.

A number of other research analysts also recently issued reports on the stock. Loop Capital decreased their target price on shares of Steven Madden from $40.00 to $35.00 and set a "hold" rating for the company in a research report on Thursday, February 27th. UBS Group boosted their target price on shares of Steven Madden from $22.00 to $23.00 and gave the company a "neutral" rating in a research report on Thursday, May 8th. Citigroup decreased their target price on shares of Steven Madden from $35.00 to $23.00 and set a "neutral" rating for the company in a research report on Thursday, May 1st. Needham & Company LLC restated a "hold" rating on shares of Steven Madden in a research report on Friday, May 2nd. Finally, Piper Sandler decreased their target price on shares of Steven Madden from $35.00 to $25.00 and set a "neutral" rating for the company in a research report on Friday, April 11th. Nine investment analysts have rated the stock with a hold rating, According to data from MarketBeat, Steven Madden presently has a consensus rating of "Hold" and an average target price of $28.50.

Steven Madden Price Performance

NASDAQ SHOO opened at $24.96 on Monday. The company has a market capitalization of $1.81 billion, a PE ratio of 10.62 and a beta of 1.12. The company has a fifty day moving average of $23.05 and a 200 day moving average of $32.74. Steven Madden has a 1 year low of $19.05 and a 1 year high of $50.01.

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Vest Financial LLC increased its stake in shares of Steven Madden by 79.3% during the fourth quarter. Vest Financial LLC now owns 56,423 shares of the textile maker's stock worth $2,399,000 after purchasing an additional 24,953 shares in the last quarter. Entropy Technologies LP purchased a new stake in shares of Steven Madden during the fourth quarter worth about $716,000. New York State Teachers Retirement System increased its stake in shares of Steven Madden by 0.8% during the fourth quarter. New York State Teachers Retirement System now owns 79,672 shares of the textile maker's stock worth $3,388,000 after purchasing an additional 652 shares in the last quarter. Rhumbline Advisers increased its stake in shares of Steven Madden by 1.8% during the fourth quarter. Rhumbline Advisers now owns 203,223 shares of the textile maker's stock worth $8,641,000 after purchasing an additional 3,670 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D increased its stake in shares of Steven Madden by 12.4% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 49,357 shares of the textile maker's stock worth $2,099,000 after purchasing an additional 5,434 shares in the last quarter. Institutional investors and hedge funds own 99.88% of the company's stock.

Steven Madden Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Monday, June 9th will be given a $0.21 dividend. The ex-dividend date is Monday, June 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.37%. Steven Madden's dividend payout ratio (DPR) is currently 36.21%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.