Q1 EPS Estimates for Steven Madden Cut by Zacks Research

Steven Madden, Ltd. (NASDAQ:SHOO - Free Report) - Analysts at Zacks Research decreased their Q1 2026 earnings per share (EPS) estimates for Steven Madden in a research note issued on Monday, May 26th. Zacks Research analyst R. Department now forecasts that the textile maker will earn $0.52 per share for the quarter, down from their prior estimate of $0.57. 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 Q4 2026 earnings at $0.40 EPS and FY2027 earnings at $2.55 EPS.

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, topping the consensus estimate of $0.46 by $0.14. Steven Madden had a return on equity of 23.41% and a net margin of 7.68%. The company had revenue of $551.38 million for the quarter, compared to the consensus estimate of $557.81 million. During the same period last year, the firm earned $0.65 EPS. The firm's revenue for the quarter was up .2% compared to the same quarter last year.

Several other analysts have also commented on the stock. Piper Sandler reduced their price target 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. Jefferies Financial Group reiterated a "hold" rating on shares of Steven Madden in a research note on Monday, February 3rd. Loop Capital decreased their price objective on shares of Steven Madden from $40.00 to $35.00 and set a "hold" rating for the company in a research note on Thursday, February 27th. Citigroup decreased 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 note on Thursday, May 1st. Finally, 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. Nine investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, Steven Madden currently has a consensus rating of "Hold" and a consensus price target of $32.00.

Steven Madden Price Performance

SHOO stock traded down $0.24 during trading on Wednesday, hitting $25.37. The stock had a trading volume of 1,323,910 shares, compared to its average volume of 1,047,124. The stock has a market capitalization of $1.84 billion, a P/E ratio of 10.80 and a beta of 1.04. The company's 50-day moving average price is $23.34 and its two-hundred day moving average price is $33.65. Steven Madden has a twelve month low of $19.05 and a twelve month high of $50.01.

Steven Madden Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Stockholders 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 dividend yield of 3.31%. Steven Madden's dividend payout ratio (DPR) is 36.21%.

Institutional Investors Weigh In On Steven Madden

Several hedge funds have recently made changes to their positions in SHOO. Nuveen LLC acquired a new position in Steven Madden during the 1st quarter worth approximately $23,334,000. Millennium Management LLC lifted its holdings in shares of Steven Madden by 1,170.4% in the 1st quarter. Millennium Management LLC now owns 617,049 shares of the textile maker's stock valued at $16,438,000 after buying an additional 568,477 shares during the period. First Trust Advisors LP lifted its holdings in shares of Steven Madden by 36.9% in the 4th quarter. First Trust Advisors LP now owns 2,002,228 shares of the textile maker's stock valued at $85,135,000 after buying an additional 539,738 shares during the period. Federated Hermes Inc. lifted its holdings in shares of Steven Madden by 270,516.2% in the 1st quarter. Federated Hermes Inc. now owns 533,114 shares of the textile maker's stock valued at $14,202,000 after buying an additional 532,917 shares during the period. Finally, Victory Capital Management Inc. lifted its holdings in shares of Steven Madden by 46.5% in the 1st quarter. Victory Capital Management Inc. now owns 1,212,373 shares of the textile maker's stock valued at $32,298,000 after buying an additional 384,979 shares during the period. Institutional investors and hedge funds own 99.88% of the company's stock.

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.