NASDAQ:SHOO - Steven Madden Stock Price, News, & Analysis

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$30.71 +0.42 (+1.39 %)
(As of 05/26/2019 01:14 PM ET)
Previous Close$30.71
Today's Range$30.29 - $30.98
52-Week Range$27.88 - $39.30
Volume415,198 shs
Average Volume560,531 shs
Market Capitalization$2.64 billion
P/E Ratio16.78
Dividend Yield1.79%
Beta0.6
Steven Madden, Ltd. designs, sources, markets, and sells fashion-forward name brand and private label footwear for women, men, and children worldwide. Its Wholesale Footwear segment provides footwear under the Steve Madden Women's, Madden Girl, Steve Madden Men's, Madden, Madden NYC, Report, Dolce Vita, DV by Dolce Vita, Mad Love, Steven by Steve Madden, Superga, Betsey Johnson, Betseyville, Steve Madden Kids, Stevies, Brian Atwood, Blondo, Kate Spade, and Anne Klein brands, as well as private label footwear. The company's Wholesale Accessories segment offers Steve Madden, Steven by Steve Madden, Madden Girl, Betsey Johnson, Madden NYC, Big Buddha, DKNY, Donna Karan, Anne Klein, Jocelyn,Luv Betsey, and accessories brands; private label fashion handbags and accessories to department stores, mass merchants, value priced retailers, online retailers, and specialty stores; and cold weather accessories, fashion scarves, wraps, and other trend accessories primarily under Cejon, Steve Madden, Betsey Johnson, and Big Buddha brand names, as well as private labels to department stores and specialty stores. Its Retail segment operates Steve Madden, Steven, Superga, and International retail stores, as well as Steve Madden, Superga, Betsey Johnson, Blondo, Dolce Vita, Brian Atwood, and Jocelyn e-commerce Websites. The company's Licensing segment licenses its Steve Madden, Steven by Steve Madden, Madden Girl, and FREEBIRD by Steven trademarks. Its First Cost segment operates as a buying agent for footwear products under private labels for mass-market merchandisers, shoe chains, and other mid-tier retailers. As of December 31, 2018, it owned and operated 229 retail stores. Steven Madden, Ltd. was founded in 1990 and is headquartered in Long Island City, New York.

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Industry, Sector and Symbol

Industry Footwear, except rubber
Sub-IndustryFootwear
SectorConsumer Discretionary
Current SymbolNASDAQ:SHOO
CUSIP55626910
Phone718-446-1800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.65 billion
Cash Flow$2.0098 per share
Book Value$9.68 per share

Profitability

Net Income$129.14 million

Miscellaneous

Employees2,600
Market Cap$2.64 billion
Next Earnings Date7/30/2019 (Estimated)
OptionableOptionable

Steven Madden (NASDAQ:SHOO) Frequently Asked Questions

What is Steven Madden's stock symbol?

Steven Madden trades on the NASDAQ under the ticker symbol "SHOO."

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

Steven Madden declared a quarterly dividend on Monday, April 29th. Shareholders of record on Tuesday, June 18th will be paid a dividend of $0.14 per share on Friday, June 28th. This represents a $0.56 annualized dividend and a yield of 1.82%. The ex-dividend date is Monday, June 17th. View Steven Madden's Dividend History.

When did Steven Madden's stock split? How did Steven Madden's stock split work?

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

How were Steven Madden's earnings last quarter?

Steven Madden, Ltd. (NASDAQ:SHOO) released its quarterly earnings data on Thursday, April, 25th. The textile maker reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.05. The textile maker earned $410.90 million during the quarter, compared to analyst estimates of $404.31 million. Steven Madden had a return on equity of 19.36% and a net margin of 8.06%. The firm's revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.54 EPS. View Steven Madden's Earnings History.

When is Steven Madden's next earnings date?

Steven Madden is scheduled to release their next quarterly earnings announcement on Tuesday, July 30th 2019. View Earnings Estimates for Steven Madden.

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

Steven Madden updated its FY19 earnings guidance on Thursday, April, 25th. The company provided earnings per share guidance of $1.78-1.86 for the period, compared to the Thomson Reuters consensus estimate of $1.82. The company issued revenue guidance of $1.74 billion, compared to the consensus revenue estimate of prior $1.75-1.83.Steven Madden also updated its FY 2019 guidance to $1.78-1.86 EPS.

What price target have analysts set for SHOO?

10 analysts have issued 12 month target prices for Steven Madden's shares. Their predictions range from $30.00 to $41.00. On average, they anticipate Steven Madden's share price to reach $35.03 in the next twelve months. This suggests a possible upside of 14.1% from the stock's current price. View Analyst Price Targets for Steven Madden.

What is the consensus analysts' recommendation for Steven Madden?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Steven Madden in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Steven Madden.

What are Wall Street analysts saying about Steven Madden stock?

Here are some recent quotes from research analysts about Steven Madden stock:
  • 1. According to Zacks Investment Research, "Shares of Steve Madden have lagged the industry in the past month. Notably, it is facing the heat from escalated trade war between the United States and China. This may lead to store closures which in turn may hurt Steve Madden’s bottom line. Moreover, rise in cost of goods sold and elevated operating costs may weigh on margins in the future. However, the company is gaining from robust performance at its flagship Steve Madden brand in both footwear and accessories that led management to raise 2019 view. The addition of Anne Klein and solid e-commerce business also contributed to the better-than-expected first quarter 2019 results. Further, its expansion plans remain on track as double-digit sales growth is projected in the international market. Moreover, sturdy performance in wholesale business may lift the company’s top line in the near term. In fact, sales are expected to grow 5-7% for 2019, up from the prior view of 4%-6% growth." (5/16/2019)
  • 2. Canaccord Genuity analysts commented, "Last week, we met with CEO Ed Rosenfeld while touring the Madden showroom as it prepares for the fall/winter ’18 season. Central to our BUY thesis is SHOO’s ability to continue to lead with on-trend fashion that is supported by the industry’s best test and react strategy. This was evident during our showroom tour as SHOO has a host of trends it is delivering against. These includes fashion sneakers, to-the-knee boots and hiker boots. We also saw early 1Q19 spring sandals, which included sandals with elastic straps, espadrilles, slides on wood-finished bottoms, and woven sandals. Taking it together, SHOO continues to deliver on-trend fashion footwear at accessible price points faster than any competitor in the market. While we continue to see further opportunities for share gains for SHOO, the competitive set appears to be struggling even more so." (8/13/2018)

Has Steven Madden been receiving favorable news coverage?

Media stories about SHOO stock have trended negative this week, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Steven Madden earned a daily sentiment score of -2.0 on InfoTrie's scale. They also assigned press coverage about the textile maker a news buzz of 8.0 out of 10, indicating that recent press coverage is very likely to have an effect on the stock's share price in the near term.

Who are some of Steven Madden's key competitors?

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 Nektar Therapeutics (NKTR), Mondi (MNDI), Netflix (NFLX), Vuzix (VUZI), Depomed (DEPO), E*TRADE Financial (ETFC), Intel (INTC), Seagate Technology (STX), Citigroup (C) and TAL Education Group (TAL).

Who are Steven Madden's key executives?

Steven Madden's management team includes the folowing people:
  • Mr. Edward R. Rosenfeld, Chairman & CEO (Age 43)
  • Ms. Amelia Newton Varela, Pres & Director (Age 47)
  • Mr. Arvind Dharia, CFO, Chief Accounting Officer & Sec. (Age 69)
  • Mr. Awadhesh K. Sinha, Chief Operating Officer (Age 73)
  • Ms. Karla Frieders, Chief Merchandising Officer (Age 42)

Who are Steven Madden's major shareholders?

Steven Madden's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.69%), Macquarie Group Ltd. (4.41%), FMR LLC (3.42%), Victory Capital Management Inc. (3.16%), Wellington Management Group LLP (3.12%) and Eagle Asset Management Inc. (2.93%). Company insiders that own Steven Madden stock include Amelia Varela, Arvind Dharia, Awadhesh K Sinha, Edward R Rosenfeld, Karla Frieders, Michael Paradise, Peter Migliorini, Richard P Randall, Robert Garrett Smith and Rose Peabody Lynch. View Institutional Ownership Trends for Steven Madden.

Which major investors are selling Steven Madden stock?

SHOO stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Morgan Stanley, Boston Partners, FMR LLC, JPMorgan Chase & Co., Maverick Capital Ltd., SG Americas Securities LLC and Goldman Sachs Group Inc.. Company insiders that have sold Steven Madden company stock in the last year include Awadhesh K Sinha, Karla Frieders, Michael Paradise, Peter Migliorini, Richard P Randall, Robert Garrett Smith and Rose Peabody Lynch. View Insider Buying and Selling for Steven Madden.

Which major investors are buying Steven Madden stock?

SHOO stock was acquired by a variety of institutional investors in the last quarter, including Fort Washington Investment Advisors Inc. OH, Macquarie Group Ltd., Wellington Management Group LLP, Lazard Asset Management LLC, Man Group plc, State of Wisconsin Investment Board, Victory Capital Management Inc. and SEI Investments Co. View Insider Buying and Selling for Steven Madden.

How do I buy shares of Steven Madden?

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

What is Steven Madden's stock price today?

One share of SHOO stock can currently be purchased for approximately $30.71.

How big of a company is Steven Madden?

Steven Madden has a market capitalization of $2.64 billion and generates $1.65 billion in revenue each year. The textile maker earns $129.14 million in net income (profit) each year or $1.83 on an earnings per share basis. Steven Madden employs 2,600 workers across the globe.

What is Steven Madden's official website?

The official website for Steven Madden is http://www.stevemadden.com/.

How can I contact Steven Madden?

Steven Madden's mailing address is 52-16 BARNETT AVENUE, LONG ISLAND CITY NY, 11104. The textile maker can be reached via phone at 718-446-1800 or via email at [email protected]


MarketBeat Community Rating for Steven Madden (NASDAQ SHOO)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  637 (Vote Outperform)
Underperform Votes:  417 (Vote Underperform)
Total Votes:  1,054
MarketBeat's community ratings are surveys of what our community members think about Steven Madden and other stocks. Vote "Outperform" if you believe SHOO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SHOO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/26/2019 by MarketBeat.com Staff

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