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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
MarketBeat: Week in Review 8/8 - 8/12
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Sinema took Wall Street money while killing tax on investors
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
MarketBeat: Week in Review 8/8 - 8/12
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Sinema took Wall Street money while killing tax on investors
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
MarketBeat: Week in Review 8/8 - 8/12
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Sinema took Wall Street money while killing tax on investors
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
NASDAQ:SHOO

Steven Madden - SHOO Stock Forecast, Price & News

$33.69
-0.04 (-0.12%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$33.27
$34.04
50-Day Range
$31.43
$39.97
52-Week Range
$31.06
$51.56
Volume
409,701 shs
Average Volume
887,618 shs
Market Capitalization
$2.66 billion
P/E Ratio
10.56
Dividend Yield
2.49%
Price Target
$47.00

Steven Madden MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
39.5% Upside
$47.00 Price Target
Short Interest
Bearish
4.99% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.26
Upright™ Environmental Score
News Sentiment
-0.50mentions of Steven Madden in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$86,569 Sold Last Quarter
Proj. Earnings Growth
8.42%
From $2.97 to $3.22 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.78 out of 5 stars

Consumer Discretionary Sector

50th out of 289 stocks

Footwear, Except Rubber Industry

3rd out of 5 stocks

SHOO stock logo

About Steven Madden (NASDAQ:SHOO) Stock

Steven Madden, Ltd. designs, sources, markets, and sells fashion-forward branded and private label footwear, accessories, and apparel for women, men, and children in the United States and internationally. Its Wholesale Footwear segment provides footwear under the Steve Madden, Steven by Steve Madden, Madden Girl, BB Dakota, Dolce Vita, DV Dolce Vita, Betsey Johnson, GREATS, Blondo, Anne Klein, Mad Love, Superga, Madden NYC, and COOL Planet brands, as well as private label footwear. The company's Wholesale Accessories/Apparel segment offers handbags, apparel, small leather goods, belts, soft accessories, fashion scarves, wraps, gifting, and other accessories under the Steve Madden, BB Dakota, Anne Klein, Betsey Johnson, Cejon, Madden NYC, and Dolce Vita brands, as well as private label handbag and accessories to department stores, mass merchants, off-price retailers, online retailers, specialty stores, and independent stores. Its Direct-to-Consumer segment operates Steve Madden and Superga full-price retail stores, Steve Madden outlet stores, and Steve Madden shop-in-shops, as well as digital e-commerce websites, including SteveMadden.com, DolceVita.com, betseyjohnson.com, Blondo.com, GREATS.com, and Superga-USA.com. The company's Licensing segment licenses its Steve Madden, Madden Girl, and Betsey Johnson trademarks. Its First Cost segment operates as a buying agent for footwear products under private labels for national chains, specialty retailers, and value-priced retailers. As of December 31, 2021, it owned and operated 214 brick-and-mortar retail stores that included 147 Steve Madden full-price stores, 66 Steve Madden outlet stores, and 1 Superga store, as well as 6 e-commerce websites. Steven Madden, Ltd. was incorporated in 1990 and is headquartered in Long Island City, New York.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. BTIG Research dropped their price objective on Steven Madden from $72.00 to $60.00 and set a "buy" rating for the company in a report on Thursday, July 21st. Telsey Advisory Group dropped their price objective on Steven Madden from $52.00 to $38.00 and set a "market perform" rating for the company in a report on Thursday, July 28th. StockNews.com downgraded Steven Madden from a "buy" rating to a "hold" rating in a report on Thursday, July 28th. Citigroup lowered their price target on Steven Madden from $47.00 to $36.00 in a report on Thursday, July 28th. Finally, UBS Group increased their price target on Steven Madden from $37.00 to $38.00 and gave the stock a "neutral" rating in a report on Monday, August 1st. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $47.00.

Steven Madden Price Performance

SHOO Stock opened at $33.69 on Friday. The stock has a market capitalization of $2.66 billion, a P/E ratio of 10.56 and a beta of 1.07. The business has a 50-day moving average of $33.69 and a 200-day moving average of $37.80. Steven Madden has a fifty-two week low of $31.06 and a fifty-two week high of $51.56.

Steven Madden (NASDAQ:SHOO - Get Rating) last posted its quarterly earnings data on Wednesday, July 27th. The textile maker reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.06. The company had revenue of $532.68 million during the quarter, compared to analysts' expectations of $491.80 million. Steven Madden had a return on equity of 31.40% and a net margin of 11.61%. Steven Madden's revenue for the quarter was up 34.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.48 earnings per share. Equities analysts expect that Steven Madden will post 2.97 EPS for the current year.

Steven Madden Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 26th. Stockholders of record on Friday, September 16th will be given a dividend of $0.21 per share. The ex-dividend date is Thursday, September 15th. This represents a $0.84 annualized dividend and a dividend yield of 2.49%. Steven Madden's dividend payout ratio is currently 26.33%.

Insider Transactions at Steven Madden

In related news, Director Robert Garrett Smith sold 2,222 shares of the stock in a transaction that occurred on Wednesday, June 8th. The stock was sold at an average price of $38.96, for a total transaction of $86,569.12. Following the completion of the transaction, the director now directly owns 8,500 shares of the company's stock, valued at $331,160. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.98% of the stock is owned by insiders.

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SHOO Stock News Headlines

Steven Madden (NASDAQ:SHOO) Shares Up 4.2% on Analyst Upgrade
Steven Madden (NASDAQ:SHOO) Cut to "Hold" at StockNews.com
Where Steven Madden Stands With Analysts
See More Headlines
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SHOO Company Calendar

Ex-Dividend for 6/24 Dividend
6/10/2022
Dividend Payable
6/24/2022
Last Earnings
7/27/2022
Today
8/13/2022
Ex-Dividend for 9/26 Dividend
9/15/2022
Dividend Payable
9/26/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Footwear, except rubber
Sub-Industry
Footwear
Current Symbol
NASDAQ:SHOO
CUSIP
55626910
Employees
3,500
Year Founded
1990

Price Target and Rating

Average Stock Price Forecast
$47.00
High Stock Price Forecast
$60.00
Low Stock Price Forecast
$36.00
Forecasted Upside/Downside
+39.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

Net Income
$190.68 million
Pretax Margin
14.94%

Debt

Sales & Book Value

Annual Sales
$1.87 billion
Cash Flow
$2.74 per share
Book Value
$10.68 per share

Miscellaneous

Free Float
77,436,000
Market Cap
$2.66 billion
Optionable
Optionable
Beta
1.07

Social Links















SHOO Stock - Frequently Asked Questions

Should I buy or sell Steven Madden stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Steven Madden in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SHOO shares.
View SHOO analyst ratings
or view top-rated stocks.

What is Steven Madden's stock price forecast for 2022?

9 brokers have issued 1-year price targets for Steven Madden's stock. Their SHOO share price forecasts range from $36.00 to $60.00. On average, they expect the company's stock price to reach $47.00 in the next year. This suggests a possible upside of 39.5% 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 2022?

Steven Madden's stock was trading at $46.47 at the start of the year. Since then, SHOO stock has decreased by 27.5% and is now trading at $33.69.
View the best growth stocks for 2022 here
.

When is Steven Madden's next earnings date?

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

How were Steven Madden's earnings last quarter?

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

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

Steven Madden declared a quarterly dividend on Wednesday, July 27th. Investors of record on Friday, September 16th will be given a dividend of $0.21 per share on Monday, September 26th. This represents a $0.84 annualized dividend and a yield of 2.49%. The ex-dividend date is Thursday, September 15th.
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 2.49%. 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.

When did Steven Madden's stock split?

Shares of Steven Madden split on the morning of Friday, October 12th 2018. The 3-2 split was announced on Monday, September 17th 2018. The newly minted 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 issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share 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.

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).

What is Steven Madden's stock symbol?

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

Who are Steven Madden's major shareholders?

Steven Madden's stock is owned by a variety of retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (1.37%), Franklin Resources Inc. (1.22%), Renaissance Technologies LLC (1.20%), Allspring Global Investments Holdings LLC (1.17%), Northern Trust Corp (1.05%) and Fort Washington Investment Advisors Inc. OH (0.76%). 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
.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Steven Madden's stock price today?

One share of SHOO stock can currently be purchased for approximately $33.69.

How much money does Steven Madden make?

Steven Madden (NASDAQ:SHOO) has a market capitalization of $2.66 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.

How many employees does Steven Madden have?

The company employs 3,500 workers across the globe.

When was Steven Madden founded?

Steven Madden was founded in 1990.

How can I contact Steven Madden?

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.

This page (NASDAQ:SHOO) was last updated on 8/13/2022 by MarketBeat.com Staff

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