Steven Madden (NASDAQ:SHOO - Get Free Report) is anticipated to announce its Q2 2025 earnings results before the market opens on Wednesday, July 30th. Analysts expect the company to announce earnings of $0.24 per share and revenue of $575.83 million for the quarter.
Steven Madden (NASDAQ:SHOO - Get Free Report) last posted its earnings results on Wednesday, May 7th. The textile maker reported $0.60 EPS for the quarter, topping the consensus estimate of $0.46 by $0.14. The company had revenue of $551.38 million during the quarter, compared to the consensus estimate of $557.81 million. Steven Madden had a net margin of 7.26% and a return on equity of 21.63%. The firm's revenue for the quarter was up .2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.65 earnings per share. On average, analysts expect Steven Madden to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Steven Madden Price Performance
Shares of NASDAQ:SHOO traded up $0.69 during midday trading on Friday, hitting $26.87. 1,075,297 shares of the company's stock were exchanged, compared to its average volume of 1,523,692. Steven Madden has a 12 month low of $19.05 and a 12 month high of $50.01. The company has a market cap of $1.95 billion, a PE ratio of 11.58 and a beta of 1.10. The stock has a 50 day moving average price of $25.02 and a 200-day moving average price of $28.63.
Steven Madden Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Monday, June 9th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date of this dividend was Monday, June 9th. Steven Madden's payout ratio is 36.21%.
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on the stock. Telsey Advisory Group reiterated a "market perform" rating and issued a $24.00 target price on shares of Steven Madden in a research note on Wednesday. Piper Sandler dropped their target price on shares of Steven Madden from $35.00 to $25.00 and set a "neutral" rating on the stock in a research note on Friday, April 11th. Needham & Company LLC restated a "hold" rating on shares of Steven Madden in a research note on Friday, May 2nd. Citigroup upgraded shares of Steven Madden from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $26.00 to $32.00 in a research note on Thursday, July 17th. Finally, UBS Group lifted their price objective 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. Eight research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $30.00.
Read Our Latest Report on SHOO
Institutional Trading of Steven Madden
Institutional investors and hedge funds have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Steven Madden by 3.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,919 shares of the textile maker's stock valued at $1,143,000 after purchasing an additional 1,437 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Steven Madden by 5.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 202,270 shares of the textile maker's stock valued at $5,388,000 after purchasing an additional 10,603 shares during the last quarter. Intech Investment Management LLC grew its holdings in shares of Steven Madden by 60.3% during the 1st quarter. Intech Investment Management LLC now owns 53,976 shares of the textile maker's stock valued at $1,438,000 after purchasing an additional 20,296 shares during the last quarter. AQR Capital Management LLC bought a new position in shares of Steven Madden during the 1st quarter valued at $752,000. Finally, Jane Street Group LLC grew its holdings in Steven Madden by 273.1% in the 1st quarter. Jane Street Group LLC now owns 157,492 shares of the textile maker's stock worth $4,196,000 after acquiring an additional 115,284 shares during the last quarter. Hedge funds and other institutional investors own 99.88% of the company's stock.
About Steven Madden
(
Get Free Report)
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.
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