Zacks Research Reduces Earnings Estimates for Steven Madden

Steven Madden, Ltd. (NASDAQ:SHOO - Free Report) - Zacks Research cut their Q2 2025 earnings per share (EPS) estimates for shares of Steven Madden in a report issued on Monday, May 26th. Zacks Research analyst R. Department now expects that the textile maker will post earnings of $0.27 per share for the quarter, down from their previous estimate of $0.46. The consensus estimate for Steven Madden's current full-year earnings is $2.66 per share. Zacks Research also issued estimates for Steven Madden's Q3 2025 earnings at $0.48 EPS, Q4 2025 earnings at $0.26 EPS, FY2025 earnings at $1.62 EPS, Q2 2026 earnings at $0.35 EPS, Q3 2026 earnings at $0.65 EPS, FY2026 earnings at $1.92 EPS and Q1 2027 earnings at $0.86 EPS.

Several other equities analysts also recently commented on SHOO. Piper Sandler dropped their price target on shares of Steven Madden from $35.00 to $25.00 and set a "neutral" rating for the company in a research note on Friday, April 11th. Citigroup dropped their price target on shares of Steven Madden from $35.00 to $23.00 and set a "neutral" rating for the company in a research note on Thursday, May 1st. UBS Group boosted their price target on shares of Steven Madden from $22.00 to $23.00 and gave the stock a "neutral" rating in a research note on Thursday, May 8th. Needham & Company LLC restated a "hold" rating on shares of Steven Madden in a research note on Friday, May 2nd. Finally, Telsey Advisory Group restated a "market perform" rating and issued a $24.00 price target on shares of Steven Madden in a research note on Thursday, May 8th. Nine equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $32.00.

Steven Madden Stock Down 1.4%

NASDAQ SHOO traded down $0.34 on Thursday, reaching $24.31. The stock had a trading volume of 400,261 shares, compared to its average volume of 1,051,885. The stock has a fifty day moving average price of $23.29 and a two-hundred day moving average price of $33.37. The firm has a market capitalization of $1.77 billion, a price-to-earnings ratio of 10.36 and a beta of 1.04. Steven Madden has a 12-month low of $19.05 and a 12-month high of $50.01.

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

Institutional Investors Weigh In On Steven Madden

Institutional investors and hedge funds have recently made changes to their positions in the business. Pictet Asset Management Holding SA raised its holdings in shares of Steven Madden by 17.9% in the fourth quarter. Pictet Asset Management Holding SA now owns 10,503 shares of the textile maker's stock valued at $447,000 after buying an additional 1,594 shares during the last quarter. Deutsche Bank AG raised its holdings in shares of Steven Madden by 49.0% in the fourth quarter. Deutsche Bank AG now owns 64,998 shares of the textile maker's stock valued at $2,764,000 after buying an additional 21,363 shares during the last quarter. Bank of Montreal Can raised its holdings in shares of Steven Madden by 5.5% in the fourth quarter. Bank of Montreal Can now owns 10,660 shares of the textile maker's stock valued at $453,000 after buying an additional 554 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Steven Madden by 3.1% in the fourth quarter. Principal Financial Group Inc. now owns 381,196 shares of the textile maker's stock valued at $16,208,000 after buying an additional 11,602 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Steven Madden by 26.4% in the fourth quarter. JPMorgan Chase & Co. now owns 584,068 shares of the textile maker's stock valued at $24,835,000 after buying an additional 121,972 shares during the last quarter. 99.88% of the stock is owned by hedge funds and other institutional investors.

Steven Madden Announces Dividend

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 paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 3.46%. The ex-dividend date of this dividend is Monday, June 9th. Steven Madden's dividend payout ratio 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.