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S&P 500   4,205.45
DOW   33,093.34
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MarketBeat Week in Review – 5/22 - 5/26
Introducing MarketBeat All Access (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
Introducing MarketBeat All Access (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
Introducing MarketBeat All Access (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
Introducing MarketBeat All Access (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
Introducing MarketBeat All Access (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
Introducing MarketBeat All Access (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
NASDAQ:SHOO

Steven Madden (SHOO) Stock Forecast, Price & News

$31.00
+0.31 (+1.01%)
(As of 05/26/2023 ET)
Compare
Today's Range
$30.55
$31.26
50-Day Range
$30.63
$36.56
52-Week Range
$26.36
$40.28
Volume
677,047 shs
Average Volume
940,929 shs
Market Capitalization
$2.36 billion
P/E Ratio
13.42
Dividend Yield
2.71%
Price Target
$40.14

Steven Madden MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
29.5% Upside
$40.14 Price Target
Short Interest
Bearish
6.46% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.26
Upright™ Environmental Score
News Sentiment
0.72mentions of Steven Madden in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.68%
From $2.48 to $2.72 Per Share

Overall MarketRank

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

2.58 out of 5 stars

Consumer Discretionary Sector

88th out of 276 stocks

Footwear, Except Rubber Industry

3rd out of 5 stocks


SHOO stock logo

About Steven Madden (NASDAQ:SHOO) Stock

Steven Madden Ltd. engages in the design, marketing, and sale of fashion-forward footwear for women, men, and children. It operates through the following segments: Wholesale Footwear, Wholesale Accessories and Apparel, Direct-to-Consumer, First Cost, and Licensing. The Wholesale Footwear segment includes branded and private label women's, men's, girl's and children's footwear. The Wholesale Accessories and Apparel segment consists of branded and private label handbags, belts and small leather goods, and cold weather and selected other fashion accessories. The Direct-to-Consumer segment distributes branded footwear, apparel and accessories directly to the consumer. The First Cost segment earns commissions and design fees for serving as a buying agent of footwear products to mass-market merchandisers, mid-tier department stores, and other retailers. The Licensing segment licenses its trademarks for use in connection with the manufacture, marketing, and sale of outerwear, hosiery, active wear, sleepwear, jewelry, watches, hair accessories, umbrellas, bedding, luggage, and men's leather accessories. The company was founded by Steven L. Madden on July 9, 1990 and is headquartered in Lon

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SHOO Stock News Headlines

Sweating The Dip In Steve Madden? Why Analysts Are Not (SHOO)
Steve Madden reported its first quarter 2023 results, showing promise of improving free cash flow conditions may unlock a next rally for the undervalued stock
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
Citigroup Reaffirms Their Buy Rating on Steven Madden (SHOO)
Steven Madden (SHOO) Misses Q1 Earnings Estimates
Steve Madden Announces First Quarter 2023 Results
Steven Madden (SHOO) Scheduled to Post Earnings on Tuesday
Steven Madden (NASDAQ:SHOO) Cut to "Hold" at StockNews.com
10 Analysts Have This to Say About Steven Madden
Steve Madden Discount Codes April 2023
See More Headlines
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SHOO Company Calendar

Ex-Dividend for 3/24 Dividend
3/09/2023
Dividend Payable
3/24/2023
Last Earnings
5/09/2023
Today
5/27/2023
Ex-Dividend for 6/23 Dividend
6/09/2023
Dividend Payable
6/23/2023
Next Earnings (Estimated)
7/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Footwear, except rubber
Sub-Industry
Footwear
Current Symbol
NASDAQ:SHOO
CUSIP
55626910
Employees
4,000
Year Founded
1990

Price Target and Rating

Average Stock Price Forecast
$40.14
High Stock Price Forecast
$60.00
Low Stock Price Forecast
$29.00
Forecasted Upside/Downside
+29.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

Net Income
$216.06 million
Pretax Margin
11.49%

Debt

Sales & Book Value

Annual Sales
$2.03 billion
Cash Flow
$3.10 per share
Book Value
$11.02 per share

Miscellaneous

Free Float
74,481,000
Market Cap
$2.36 billion
Optionable
Optionable
Beta
1.14

Social Links


Key Executives

  • Edward R. Rosenfeld
    Chairman & Chief Executive Officer
  • Amelia Newton Varela
    President & Director
  • Awadhesh K. Sinha
    Chief Operating Officer
  • Zine MazouziZine Mazouzi
    Chief Financial Officer
  • Lisa Keith
    Secretary, Vice President & General Counsel













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 4 hold ratings and 5 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 2023?

9 equities research analysts have issued 12-month price objectives for Steven Madden's stock. Their SHOO share price forecasts range from $29.00 to $60.00. On average, they expect the company's stock price to reach $40.14 in the next year. This suggests a possible upside of 29.5% 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 2023?

Steven Madden's stock was trading at $31.96 at the beginning of 2023. Since then, SHOO stock has decreased by 3.0% and is now trading at $31.00.
View the best growth stocks for 2023 here
.

When is Steven Madden's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our SHOO earnings forecast
.

How were Steven Madden's earnings last quarter?

Steven Madden, Ltd. (NASDAQ:SHOO) announced its quarterly earnings data on Tuesday, May, 9th. The textile maker reported $0.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by $0.02. The textile maker had revenue of $461.70 million for the quarter, compared to analyst estimates of $449.83 million. Steven Madden had a trailing twelve-month return on equity of 21.62% and a net margin of 8.80%. The company's revenue for the quarter was down 17.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.92 EPS.

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

Steven Madden announced a quarterly dividend on Friday, May 26th. Investors of record on Monday, June 12th will be given a dividend of $0.21 per share on Friday, June 23rd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.71%. The ex-dividend date is Friday, June 9th.
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 2.74%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 36.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHOO will have a dividend payout ratio of 30.88% 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 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 market closes 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 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share guidance of $2.40-$2.50 for the period, compared to the consensus earnings per share estimate of $2.43. The company issued revenue guidance of $1.95 billion-$1.98 billion, compared to the consensus revenue estimate of $1.97 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (15.67%), Wellington Management Group LLP (8.16%), Macquarie Group Ltd. (6.95%), State Street Corp (3.69%), Dimensional Fund Advisors LP (2.85%) and Boston Partners (2.28%). Insiders that own company stock include Amelia Varela, 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 $31.00.

How much money does Steven Madden make?

Steven Madden (NASDAQ:SHOO) has a market capitalization of $2.36 billion and generates $2.03 billion in revenue each year. The textile maker earns $216.06 million in net income (profit) each year or $2.31 on an earnings per share basis.

How many employees does Steven Madden have?

The company employs 4,000 workers across the globe.

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 5/27/2023 by MarketBeat.com Staff

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