Steven Madden Q2 EPS Decreased by Telsey Advisory Group

Steven Madden, Ltd. (NASDAQ:SHOO - Free Report) - Research analysts at Telsey Advisory Group reduced their Q2 2026 EPS estimates for shares of Steven Madden in a research note issued to investors on Wednesday, June 4th. Telsey Advisory Group analyst D. Telsey now anticipates that the textile maker will post earnings per share of $0.33 for the quarter, down from their prior estimate of $0.49. Telsey Advisory Group has a "Market Perform" rating and a $24.00 price objective 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.

Several other equities research analysts have also recently commented on SHOO. Loop Capital dropped their price objective on Steven Madden from $40.00 to $35.00 and set a "hold" rating on the stock in a research report on Thursday, February 27th. UBS Group upped their target price on shares of Steven Madden from $22.00 to $23.00 and gave the company a "neutral" rating in a research note on Thursday, May 8th. Citigroup dropped their price target on shares of Steven Madden from $35.00 to $23.00 and set a "neutral" rating on the stock in a report on Thursday, May 1st. Needham & Company LLC reiterated a "hold" rating on shares of Steven Madden in a research note on Friday, May 2nd. Finally, Piper Sandler lowered their price objective on shares of Steven Madden from $35.00 to $25.00 and set a "neutral" rating on the stock in a research report on Friday, April 11th. Nine equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, Steven Madden currently has a consensus rating of "Hold" and a consensus price target of $28.50.

Steven Madden Stock Down 1.7%

Shares of Steven Madden stock traded down $0.41 on Monday, reaching $24.14. The company's stock had a trading volume of 1,112,434 shares, compared to its average volume of 1,079,986. Steven Madden has a 52 week low of $19.05 and a 52 week high of $50.01. The firm's fifty day simple moving average is $23.07 and its two-hundred day simple moving average is $32.52. The company has a market capitalization of $1.75 billion, a price-to-earnings ratio of 10.27 and a beta of 1.12.

Steven Madden (NASDAQ:SHOO - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The textile maker reported $0.60 earnings per share for the quarter, beating 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 company had revenue of $551.38 million during the quarter, compared to the consensus estimate of $557.81 million. During the same quarter last year, the firm earned $0.65 earnings per share. The firm's quarterly revenue was up .2% compared to the same quarter last year.

Steven Madden Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Monday, June 9th will be issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.48%. The ex-dividend date is Monday, June 9th. Steven Madden's payout ratio is 36.21%.

Institutional Trading of Steven Madden

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vest Financial LLC grew its position in shares of Steven Madden by 79.3% during the 4th quarter. Vest Financial LLC now owns 56,423 shares of the textile maker's stock valued at $2,399,000 after acquiring an additional 24,953 shares during the period. Entropy Technologies LP purchased a new position in Steven Madden during the fourth quarter valued at $716,000. New York State Teachers Retirement System lifted its position in 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 valued at $3,388,000 after purchasing an additional 652 shares in the last quarter. Rhumbline Advisers grew its holdings in Steven Madden by 1.8% during the fourth quarter. Rhumbline Advisers now owns 203,223 shares of the textile maker's stock valued at $8,641,000 after purchasing an additional 3,670 shares during the period. Finally, State of New Jersey Common Pension Fund D increased its position in Steven Madden by 12.4% in 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 buying an additional 5,434 shares in the last quarter. 99.88% of the stock is owned by hedge funds and other institutional investors.

Steven Madden Company Profile

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.