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

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$55.65 -0.90 (-1.59 %)
(As of 09/24/2018 04:00 PM ET)
Previous Close$56.55
Today's Range$55.05 - $56.90
52-Week Range$37.25 - $58.95
Volume665,100 shs
Average Volume426,452 shs
Market Capitalization$3.31 billion
P/E Ratio25.00
Dividend Yield1.37%
Beta0.5
Steven Madden logoSteven 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, Dolce Vita, DV by Dolce Vita, Mad Love, Steven by Steve Madden, Report, Superga, Betsey Johnson, Betseyville, Steve Madden Kids, FREEBIRD by Steven, Stevies, B Brian Atwood, Blondo, Kate Spade, and Avec Les Filles brands, as well as private label footwear. The company's Wholesale Accessories segment offers Big Buddha, Madden NYC, Betsey Johnson, Steve Madden, Steven by Steve Madden, Madden Girl, Cejon, B Brian Atwood, Luv Betsey, DKNY, and Donna Karan 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, and Dolce Vita e-commerce Websites. As of December 31, 2017, the company owned and operated 206 retail stores. 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. The company's Licensing segment licenses its Steve Madden, Steven by Steve Madden, and Madden Girl trademarks. Steven Madden, Ltd. was founded in 1990 and is based in Long Island City, New York.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity RatioN/A
Current Ratio3.08
Quick Ratio2.50

Price-To-Earnings

Trailing P/E Ratio25.00
Forward P/E Ratio20.76
P/E Growth1.97

Sales & Book Value

Annual Sales$1.55 billion
Price / Sales2.11
Cash Flow$2.5079 per share
Price / Cash22.19
Book Value$13.69 per share
Price / Book4.07

Profitability

EPS (Most Recent Fiscal Year)$2.24
Net Income$117.94 million
Net Margins8.17%
Return on Equity17.01%
Return on Assets13.05%

Miscellaneous

Employees3,884
Outstanding Shares58,500,000
Market Cap$3.31 billion

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 Wednesday, August 1st. Stockholders of record on Tuesday, September 18th will be paid a dividend of $0.20 per share on Friday, September 28th. This represents a $0.80 annualized dividend and a dividend yield of 1.44%. The ex-dividend date of this dividend is Monday, September 17th. View Steven Madden's Dividend History.

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

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 created shares will be payable 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 results on Tuesday, July, 31st. The textile maker reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.02. The textile maker earned $395.80 million during the quarter, compared to analysts' expectations of $390.57 million. Steven Madden had a return on equity of 17.01% and a net margin of 8.17%. The business's revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.51 earnings per share. 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, October, 30th 2018. View Earnings Estimates for Steven Madden.

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

Steven Madden updated its FY18 earnings guidance on Tuesday, July, 31st. The company provided EPS guidance of $2.60-2.67 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.71. The company issued revenue guidance of +5-7% (~$1.62-1.65 billion), compared to the consensus revenue estimate of $1.65 billion.

What price target have analysts set for SHOO?

12 Wall Street analysts have issued 12-month target prices for Steven Madden's stock. Their predictions range from $39.00 to $62.00. On average, they expect Steven Madden's share price to reach $54.00 in the next twelve months. This suggests that the stock has a possible downside of 3.0%. View Analyst Price Targets for Steven Madden.

What is the consensus analysts' recommendation for Steven Madden?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Steven Madden in the last year. There are currently 4 hold ratings and 8 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. 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)
  • 2. According to Zacks Investment Research, "Shares of Steven Madden have surged and outpaced the industry in the past six months. The bullish run is primarily backed by better-than-expected second-quarter 2018 results, wherein both the top and bottom lines grew year over year. Management highlighted that its flagship Steve Madden brand stole the quarterly show. The brand not only witnessed robust growth in the wholesale channel in both domestic and international markets but also registered comps growth in the retail channel. Notably, this marked the third straight quarter of positive surprises. The company’s directly-owned subsidiaries in Canada and Mexico, SM Europe JV and the distributor business posted strong results. It also continues to witness growth in the wholesale footwear and accessories businesses. However, increasing operating expenses and stiff competition in the fashion industry remain headwinds. Nevertheless, the company reiterated its full year view." (8/2/2018)

Who are some of Steven Madden's key competitors?

Who are Steven Madden's key executives?

Steven Madden's management team includes the folowing people:
  • Mr. Edward R. Rosenfeld, Chairman & CEO (Age 42)
  • Ms. Amelia Newton Varela, Pres & Director (Age 46)
  • Mr. Arvind Dharia, CFO & Sec. (Age 68)
  • Mr. Awadhesh K. Sinha, Chief Operating Officer (Age 72)
  • Ms. Karla Frieders, Chief Merchandising Officer (Age 41)

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. (12.83%), Macquarie Group Ltd. (4.36%), FMR LLC (3.72%), FMR LLC (3.73%), Victory Capital Management Inc. (3.33%) and Eagle Asset Management Inc. (3.14%). 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 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 Millennium Management LLC, FMR LLC, FMR LLC, Macquarie Group Ltd., Monarch Partners Asset Management LLC, Royce & Associates LP, Schroder Investment Management Group and Dimensional Fund Advisors LP. Company insiders that have sold Steven Madden company stock in the last year include Amelia Varela, Arvind Dharia, Awadhesh K Sinha, Edward R Rosenfeld, Karla Frieders, Michael Paradise, Peter Migliorini, Richard P Randall 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 Victory Capital Management Inc., BlackRock Inc., Jennison Associates LLC, Cortina Asset Management LLC, Acadian Asset Management LLC, TD Asset Management Inc., Moody Aldrich Partners LLC and Eagle Asset Management Inc.. 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 $55.65.

How big of a company is Steven Madden?

Steven Madden has a market capitalization of $3.31 billion and generates $1.55 billion in revenue each year. The textile maker earns $117.94 million in net income (profit) each year or $2.24 on an earnings per share basis. Steven Madden employs 3,884 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:  3.1 out of 5 (star star star)
Outperform Votes:  600 (Vote Outperform)
Underperform Votes:  370 (Vote Underperform)
Total Votes:  970
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 9/24/2018 by MarketBeat.com Staff

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