Telsey Advisory Group Comments on Steven Madden Q1 Earnings

Steven Madden, Ltd. (NASDAQ:SHOO - Free Report) - Research analysts at Telsey Advisory Group issued their Q1 2026 earnings per share (EPS) estimates for Steven Madden in a report released on Thursday, May 8th. Telsey Advisory Group analyst D. Telsey expects that the textile maker will post earnings of $0.55 per share for the quarter. 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 Q2 2026 earnings at $0.49 EPS, Q3 2026 earnings at $0.89 EPS and Q4 2026 earnings at $0.47 EPS.

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

A number of other research firms 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 for the company in a research report on Thursday, February 27th. Citigroup cut their price objective 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. UBS Group upped 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. Piper Sandler lowered 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 note on Friday, April 11th. Finally, Jefferies Financial Group reissued a "hold" rating on shares of Steven Madden in a research note on Monday, February 3rd. Nine analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $32.00.

Steven Madden Trading Down 1.9%

Shares of NASDAQ SHOO traded down $0.50 during trading on Monday, reaching $26.04. The company had a trading volume of 272,073 shares, compared to its average volume of 1,015,053. Steven Madden has a twelve month low of $19.05 and a twelve month high of $50.01. The stock has a 50-day moving average price of $23.42 and a two-hundred day moving average price of $35.00. The stock has a market capitalization of $1.89 billion, a PE ratio of 11.08 and a beta of 1.04.

Steven Madden Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Monday, June 9th will be paid a dividend of $0.21 per share. The ex-dividend date is Monday, June 9th. This represents a $0.84 annualized dividend and a yield of 3.23%. Steven Madden's dividend payout ratio is presently 36.21%.

Hedge Funds Weigh In On Steven Madden

Large investors have recently modified their holdings of the company. Barclays PLC raised its holdings in Steven Madden by 286.9% in the third quarter. Barclays PLC now owns 139,206 shares of the textile maker's stock valued at $6,819,000 after buying an additional 103,226 shares during the period. Moody National Bank Trust Division raised its stake in shares of Steven Madden by 21.3% in the 4th quarter. Moody National Bank Trust Division now owns 11,983 shares of the textile maker's stock valued at $510,000 after acquiring an additional 2,107 shares during the period. Assenagon Asset Management S.A. lifted its holdings in shares of Steven Madden by 278.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 106,972 shares of the textile maker's stock valued at $4,548,000 after acquiring an additional 78,672 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of Steven Madden by 75.2% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 7,323 shares of the textile maker's stock valued at $311,000 after acquiring an additional 3,143 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH boosted its position in Steven Madden by 8.2% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 462,786 shares of the textile maker's stock worth $19,678,000 after purchasing an additional 35,140 shares during the period. 99.88% of the stock is currently owned by hedge funds and other institutional investors.

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.