NASDAQ:SHOOSteven Madden Stock Price, Forecast & News

Steven Madden's stock was trading at $28.99 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SHOO shares have decreased by 21.6% and is now trading at $22.74. View which stocks have been mosted impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Steven Madden in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Steven Madden.

Steven Madden is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Steven Madden.

Steven Madden, Ltd. (NASDAQ:SHOO) released its quarterly earnings data on Thursday, February, 27th. The textile maker reported $0.39 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.39. The textile maker had revenue of $414.91 million for the quarter, compared to analysts' expectations of $424.96 million. Steven Madden had a net margin of 7.99% and a return on equity of 19.44%. The company's revenue for the quarter was up 1.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.42 EPS. View Steven Madden's earnings history.

Steven Madden declared a quarterly dividend on Friday, February 28th. Investors of record on Tuesday, March 17th will be given a dividend of $0.15 per share on Friday, March 27th. This represents a $0.60 annualized dividend and a dividend yield of 2.64%. The ex-dividend date is Monday, March 16th. This is a boost from Steven Madden's previous quarterly dividend of $0.14. View Steven Madden's dividend history.

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 issued shares were distributed 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.

Steven Madden issued an update on its FY20 earnings guidance on Thursday, February, 27th. The company provided earnings per share guidance of $1.70 to $1.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.04.

8 brokerages have issued 12-month price objectives for Steven Madden's shares. Their forecasts range from $22.00 to $41.00. On average, they expect Steven Madden's stock price to reach $32.63 in the next twelve months. This suggests a possible upside of 43.5% from the stock's current price. View analysts' price targets for Steven Madden.

Press coverage about SHOO stock has trended very negative recently, InfoTrie Sentiment Analysis reports. The research firm 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 closest to five being the most favorable. Steven Madden earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned news articles about the textile maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutSteven Madden.

Steven Madden saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 3,210,200 shares, an increase of 28.9% from the February 27th total of 2,490,000 shares. Based on an average daily volume of 931,700 shares, the days-to-cover ratio is currently 3.4 days. Approximately 4.2% of the shares of the stock are sold short. View Steven Madden's Current Options Chain.

Some companies that are related to Steven Madden include Nike (NKE), Skechers USA (SKX), Deckers Outdoor (DECK), Wolverine World Wide (WWW) and Crocs (CROX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Steven Madden investors own include Netflix (NFLX), AbbVie (ABBV), General Motors (GM), Altria Group (MO), Twitter (TWTR), Verizon Communications (VZ), Intel (INTC), Lululemon Athletica (LULU), Nektar Therapeutics (NKTR) and PepsiCo (PEP).

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 shareholders include State of Alaska Department of Revenue (0.09%). Company insiders that own Steven Madden stock include Amelia Varela, Arvind Dharia, Awadhesh K Sinha, Karla Frieders, Michael Paradise, Peter Migliorini, Richard P Randall, Robert Garrett Smith and Rose Peabody Lynch. View institutional ownership trends for Steven Madden.

SHOO stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of SHOO stock can currently be purchased for approximately $22.74.

Steven Madden has a market capitalization of $1.91 billion and generates $1.79 billion in revenue each year. The textile maker earns $141.31 million in net income (profit) each year or $1.95 on an earnings per share basis. Steven Madden employs 4,000 workers across the globe. View additional information about Steven Madden.

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

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]