Steven Madden - SHOO Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Steven Madden in the last year. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SHOO shares.
View SHOO analyst ratings or view top-rated stocks.

11 Wall Street research analysts have issued 12-month price targets for Steven Madden's shares. Their SHOO share price forecasts range from $30.00 to $60.00. On average, they predict the company's stock price to reach $45.33 in the next year. This suggests a possible upside of 63.4% from the stock's current price.
View analysts price targets for SHOO or view top-rated stocks among Wall Street analysts.

Steven Madden's stock was trading at $46.47 at the beginning of 2022. Since then, SHOO stock has decreased by 40.3% and is now trading at $27.75.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our SHOO earnings forecast.

Steven Madden, Ltd. (NASDAQ:SHOO) posted its quarterly earnings data on Wednesday, July, 27th. The textile maker reported $0.63 EPS for the quarter, topping the consensus estimate of $0.57 by $0.06. The textile maker had revenue of $532.68 million for the quarter, compared to analyst estimates of $491.80 million. Steven Madden had a trailing twelve-month return on equity of 31.40% and a net margin of 11.61%. The firm's revenue was up 34.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.48 earnings per share.

Steven Madden announced a quarterly dividend on Wednesday, July 27th. Investors of record on Friday, September 16th will be paid a dividend of $0.21 per share on Monday, September 26th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date is Thursday, September 15th.
Read our dividend analysis for SHOO.

Steven Madden (NASDAQ:SHOO) pays an annual dividend of $0.84 per share and currently has a dividend yield of 2.98%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 26.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHOO will have a dividend payout ratio of 26.09% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SHOO.

Steven Madden shares split on Friday, October 12th 2018. The 3-2 split was announced on Monday, September 17th 2018. The newly issued shares were distributed 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.

Steven Madden issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of $2.90-$3.00 for the period, compared to the consensus estimate of $2.98. The company issued revenue guidance of $2.10 billion-$2.15 billion, compared to the consensus revenue estimate of $2.14 billion.

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.

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).

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

Steven Madden's stock is owned by a number of retail and institutional investors. Top institutional investors include Macquarie Group Ltd. (5.44%), State Street Corp (3.32%), Price T Rowe Associates Inc. MD (2.83%), Millennium Management LLC (1.92%), Victory Capital Management Inc. (1.37%) and Franklin Resources Inc. (1.22%). Insiders that own company stock include Amelia Varela, Arvind Dharia, Awadhesh K Sinha, Awadhesh K Sinha, Edward R Rosenfeld, Karla Frieders, Peter Migliorini, Robert Garrett Smith and Zine Mazouzi.
View institutional ownership trends.

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

One share of SHOO stock can currently be purchased for approximately $27.75.

Steven Madden (NASDAQ:SHOO) has a market capitalization of $2.19 billion and generates $1.87 billion in revenue each year. The textile maker earns $190.68 million in net income (profit) each year or $3.19 on an earnings per share basis.

The company employs 3,500 workers across the globe.

Steven Madden's mailing address is 52-16 BARNETT AVENUE, LONG ISLAND CITY NY, 11104. The official website for the company is www.stevemadden.com. The textile maker can be reached via phone at (718) 446-1800, via email at daniellemccoy@stevemadden.com, or via fax at 718-446-5655.