NASDAQ:SHOO

Steven Madden (SHOO) Stock Price, News & Analysis

$40.44
+0.73 (+1.84%)
(As of 04/23/2024 ET)
Today's Range
$39.43
$40.69
50-Day Range
$38.55
$44.40
52-Week Range
$29.92
$45.63
Volume
511,976 shs
Average Volume
611,657 shs
Market Capitalization
$2.97 billion
P/E Ratio
17.58
Dividend Yield
2.08%
Price Target
$41.38

Steven Madden MarketRank™ Stock Analysis

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
2.3% Upside
$41.38 Price Target
Short Interest
Healthy
3.86% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.26
Upright™ Environmental Score
News Sentiment
1.21mentions of Steven Madden in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$2.46 M Sold Last Quarter
Proj. Earnings Growth
11.11%
From $2.61 to $2.90 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.33 out of 5 stars

Consumer Discretionary Sector

59th out of 270 stocks

Footwear, Except Rubber Industry

2nd out of 6 stocks

SHOO stock logo

About Steven Madden Stock (NASDAQ:SHOO)

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. The Wholesale Accessories/Apparel segment offers handbags, apparel, small leather goods, belts, soft accessories, fashion scarves, wraps, gifting, and other accessories under the Steve Madden, Anne Klein, Betsey Johnson, and Dolce Vita brands. The Direct-to-Consumer segment operates Steve Madden and Dolce Vita full-price retail stores, Steve Madden outlet stores and concessions, and digital e-commerce websites. The Licensing segment engages in the licensing of the Steve Madden and Betsey Johnson trademarks for the sale of select apparel, accessory, home categories, and other non-core products. In addition, the company distributes its products in the wholesale channel through department stores, mass merchants, off-price retailers, shoe chains, online retailers, national chains, specialty retailers, independent stores, and clubs. Further, it markets its products and services through digital brand marketing, social media and influencer marketing, experiential events, in-store and online promotions, and public relations. The company was incorporated in 1990 and is headquartered in Long Island City, New York.

SHOO Stock Price History

SHOO Stock News Headlines

A new way to collect income from stocks
Most people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively…
Steven Madden is Oversold
A new way to collect income from stocks
Most people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively…
SHOO Apr 2024 40.000 put
What's Going On With Steven Madden Shares After Q4 Results?
Steven Madden 4Q Profit Rises on Higher Sales
Steven Madden Q4 2023 Earnings Preview
Steven Madden Earnings: What To Look For From SHOO
See More Headlines
Receive SHOO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Steven Madden and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/28/2024
Ex-Dividend for 3/22 Dividend
3/07/2024
Dividend Payable
3/22/2024
Today
4/24/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Footwear, except rubber
Sub-Industry
Footwear
Current Symbol
NASDAQ:SHOO
CUSIP
55626910
Employees
4,200
Year Founded
1990

Price Target and Rating

Average Stock Price Target
$41.38
High Stock Price Target
$45.00
Low Stock Price Target
$37.00
Potential Upside/Downside
+2.3%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
$171.55 million
Pretax Margin
11.13%

Debt

Sales & Book Value

Annual Sales
$1.97 billion
Cash Flow
$2.79 per share
Book Value
$11.37 per share

Miscellaneous

Free Float
71,854,000
Market Cap
$2.97 billion
Optionable
Optionable
Beta
1.16

Social Links

5G Stocks: The Path Forward is Profitable Cover

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

SHOO Stock Analysis - Frequently Asked Questions

Should I buy or sell Steven Madden stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Steven Madden in the last twelve months. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SHOO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SHOO, but not buy additional shares or sell existing shares.
View SHOO analyst ratings
or view top-rated stocks.

What is Steven Madden's stock price target for 2024?

7 brokerages have issued twelve-month target prices for Steven Madden's stock. Their SHOO share price targets range from $37.00 to $45.00. On average, they anticipate the company's stock price to reach $41.38 in the next year. This suggests a possible upside of 2.3% from the stock's current price.
View analysts price targets for SHOO
or view top-rated stocks among Wall Street analysts.

How have SHOO shares performed in 2024?

Steven Madden's stock was trading at $42.00 on January 1st, 2024. Since then, SHOO stock has decreased by 3.7% and is now trading at $40.44.
View the best growth stocks for 2024 here
.

Are investors shorting Steven Madden?

Steven Madden saw a decline in short interest in March. As of March 31st, there was short interest totaling 2,700,000 shares, a decline of 30.1% from the March 15th total of 3,860,000 shares. Based on an average daily trading volume, of 840,200 shares, the days-to-cover ratio is presently 3.2 days. Currently, 3.9% of the company's shares are short sold.
View Steven Madden's Short Interest
.

When is Steven Madden's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our SHOO earnings forecast
.

How were Steven Madden's earnings last quarter?

Steven Madden, Ltd. (NASDAQ:SHOO) announced its quarterly earnings results on Wednesday, February, 28th. The textile maker reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.05. The textile maker had revenue of $519.71 million for the quarter, compared to analysts' expectations of $511.96 million. Steven Madden had a trailing twelve-month return on equity of 21.61% and a net margin of 8.67%. The company's revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.44 EPS.

How often does Steven Madden pay dividends? What is the dividend yield for Steven Madden?

Steven Madden announced a quarterly dividend on Wednesday, February 28th. Stockholders of record on Friday, March 8th will be paid a dividend of $0.21 per share on Friday, March 22nd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date of this dividend is Thursday, March 7th.
Read our dividend analysis for SHOO
.

Is Steven Madden a good dividend stock?

Steven Madden (NASDAQ:SHOO) pays an annual dividend of $0.84 per share and currently has a dividend yield of 2.12%. The dividend payout ratio is 36.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHOO will have a dividend payout ratio of 28.97% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SHOO.

When did Steven Madden's stock split?

Steven Madden's stock split on the morning of Friday, October 12th 2018. The 3-2 split was announced on Monday, September 17th 2018. The newly issued shares were payable to shareholders after the closing bell on Thursday, October 11th 2018. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

What guidance has Steven Madden issued on next quarter's earnings?

Steven Madden updated its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided earnings per share (EPS) guidance of 2.550-2.650 for the period, compared to the consensus estimate of 2.690. The company issued revenue guidance of $2.2 billion-$2.2 billion, compared to the consensus revenue estimate of $2.2 billion.

What is Ed Rosenfeld's approval rating as Steven Madden's CEO?

138 employees have rated Steven Madden Chief Executive Officer Ed Rosenfeld on Glassdoor.com. Ed Rosenfeld has an approval rating of 86% among the company's employees.

What other stocks do shareholders of Steven Madden own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Steven Madden investors own include Intel (INTC), Pfizer (PFE), AbbVie (ABBV), International Business Machines (IBM), Altria Group (MO), Verizon Communications (VZ), Caterpillar (CAT), Edwards Lifesciences (EW), General Motors (GM) and Lockheed Martin (LMT).

Who are Steven Madden's major shareholders?

Steven Madden's stock is owned by many different institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (1.64%), Leeward Investments LLC MA (0.40%), Raymond James & Associates (0.15%), State of Alaska Department of Revenue (0.06%), Louisiana State Employees Retirement System (0.05%) and AlphaMark Advisors LLC (0.01%). Insiders that own company stock include Amelia Varela, Awadhesh K Sinha, Awadhesh K Sinha, Edward R Rosenfeld, Karla Frieders, Lisa Keith, Peter Allan Davis, Peter Migliorini, Robert Garrett Smith and Zine Mazouzi.
View institutional ownership trends
.

How do I buy shares of Steven Madden?

Shares of SHOO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SHOO) was last updated on 4/24/2024 by MarketBeat.com Staff

From Our Partners