NASDAQ:SHOOSteven Madden Stock Price, Forecast & News

$24.21

+0.69 (+2.93 %)

(As of 06/1/2020 04:00 PM ET)

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Today's Range

$23.30

Now: $24.21▼

$24.59

50-Day Range

$19.80

MA: $22.95▼

$26.20

52-Week Range

$16.38

Now: $24.21▼

$44.79

Volume752,704 shs

Average Volume895,032 shs

Market Capitalization$2.01 billion

P/E Ratio22.84

Dividend Yield2.55%

Beta1.09

Steven 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, Report, Dolce Vita, DV by Dolce Vita, Mad Love, Steven by Steve Madden, Superga, Betsey Johnson, Betseyville, Steve Madden Kids, Stevies, Brian Atwood, Blondo, Kate Spade, and Anne Klein brands, as well as private label footwear. The company's Wholesale Accessories segment offers Steve Madden, Steven by Steve Madden, Madden Girl, Betsey Johnson, Madden NYC, Big Buddha, DKNY, Donna Karan, Anne Klein, Jocelyn,Luv Betsey, and 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, Blondo, Dolce Vita, Brian Atwood, and Jocelyn e-commerce Websites. The company's Licensing segment licenses its Steve Madden, Steven by Steve Madden, Madden Girl, and FREEBIRD by Steven trademarks. 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. As of December 31, 2018, it owned and operated 229 retail stores. Steven Madden, Ltd. was founded in 1990 and is headquartered in Long Island City, New York.

Beat the Market (BTM) Rank^™

2.0 Analyst's Opinion

Consensus Rating
Steven Madden has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $24.14, Steven Madden has a potential downside of 0.3% from its current price of $24.21.
Amount of Analyst Coverage
Steven Madden has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
Steven Madden has received 704 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Steven Madden has received 493 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Steven Madden has received 58.81% “outperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
Steven Madden is a leading dividend payer. It pays a dividend yield of 2.55%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Steven Madden does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Steven Madden is 30.77 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Steven Madden will have a dividend payout ratio of 35.71 % next year. This indicates that Steven Madden will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Steven Madden insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.90% of the stock of Steven Madden is held by insiders.
Percentage Held by Institutions
92.42% of the stock of Steven Madden is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Steven Madden are expected to grow by 41.18% in the coming year, from $1.19 to $1.68 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Steven Madden is 22.84, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.53.
Price to Earnings Ratio vs. Sector
The P/E ratio of Steven Madden is 22.84, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 27.91.
Price to Earnings Growth Ratio
Steven Madden has a PEG Ratio of 1.32. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Steven Madden has a P/B Ratio of 2.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.35 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Footwear, except rubber

Sub-IndustryFootwear

SectorConsumer Discretionary

Current SymbolNASDAQ:SHOO

Previous Symbol

CUSIP55626910

CIK913241

Webwww.stevemadden.com

Phone718-446-1800

Debt

Debt-to-Equity RatioN/A

Current Ratio3.28

Quick Ratio2.76

Price-To-Earnings

Trailing P/E Ratio22.84

Forward P/E Ratio20.34

P/E Growth1.32

Sales & Book Value

Annual Sales$1.79 billion

Price / Sales1.13

Cash Flow$2.33 per share

Price / Cash Flow10.41

Book Value$10.00 per share

Price / Book2.42

Profitability

EPS (Most Recent Fiscal Year)$1.95

Net Income$141.31 million

Net Margins5.20%

Return on Equity17.09%

Return on Assets11.28%

Miscellaneous

Employees4,000

Outstanding Shares83,169,000

Market Cap$2.01 billion

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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Steven Madden (NASDAQ:SHOO) Frequently Asked Questions

How has Steven Madden's stock been impacted by COVID-19 (Coronavirus)?

Steven Madden's stock was trading at $28.99 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SHOO shares have decreased by 16.5% and is now trading at $24.21. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Steven Madden?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Steven Madden in the last year. There are currently 1 sell rating, 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Steven Madden.

When is Steven Madden's next earnings date?

Steven Madden is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Steven Madden.

How were Steven Madden's earnings last quarter?

Steven Madden, Ltd. (NASDAQ:SHOO) posted its quarterly earnings data on Thursday, May, 28th. The textile maker reported $0.16 earnings per share for the quarter, missing analysts' consensus estimates of $0.17 by $0.01. The textile maker had revenue of $359.20 million for the quarter, compared to the consensus estimate of $352.21 million. Steven Madden had a net margin of 5.20% and a return on equity of 17.09%. The company's revenue for the quarter was down 13.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.42 EPS. View Steven Madden's earnings history.

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

Steven Madden announced a quarterly dividend on Friday, February 28th. Investors of record on Tuesday, March 17th will be paid a dividend of $0.15 per share on Friday, March 27th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date of this dividend is Monday, March 16th. This is an increase from Steven Madden's previous quarterly dividend of $0.14. View Steven Madden's dividend history.

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

Shares of Steven Madden split before market open on Friday, October 12th 2018. The 3-2 split was announced on Monday, September 17th 2018. The newly created shares were distributed to shareholders after the market closes 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.

What price target have analysts set for SHOO?

8 Wall Street analysts have issued 1-year target prices for Steven Madden's stock. Their forecasts range from $18.00 to $36.00. On average, they expect Steven Madden's stock price to reach $24.14 in the next year. This suggests that the stock has a possible downside of 0.3%. View analysts' price targets for Steven Madden.

Has Steven Madden been receiving favorable news coverage?

News headlines about SHOO stock have been trending extremely negative recently, according to InfoTrie. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Steven Madden earned a daily sentiment score of -5.0 on InfoTrie's scale. They also gave news headlines about the textile maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutSteven Madden.

Are investors shorting Steven Madden?

Steven Madden saw a increase in short interest in May. As of May 15th, there was short interest totaling 3,410,000 shares, an increase of 12.5% from the April 30th total of 3,030,000 shares. Based on an average daily volume of 985,500 shares, the days-to-cover ratio is presently 3.5 days. Currently, 4.4% of the company's stock are sold short. View Steven Madden's Current Options Chain.

Who are some of Steven Madden's key competitors?

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

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 Netflix (NFLX), AbbVie (ABBV), Dominion Energy (D), General Motors (GM), Altria Group (MO), Verizon Communications (VZ), Cummins (CMI), Walt Disney (DIS), IBM (IBM) and Intel (INTC).

Who are Steven Madden's key executives?

Steven Madden's management team includes the following people:

Mr. Edward R. Rosenfeld, Chairman & CEO (Age 43)
Ms. Amelia Newton Varela, Pres & Director (Age 47)
Mr. Arvind Dharia, CFO, Chief Accounting Officer & Sec. (Age 69)
Mr. Awadhesh K. Sinha, Chief Operating Officer (Age 73)
Ms. Karla Frieders, Chief Merchandising Officer (Age 42)

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 number of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.19%), Wellington Management Group LLP (6.99%), State Street Corp (3.08%), Victory Capital Management Inc. (2.09%), Victory Capital Management Inc. (2.09%) and Neumeier Poma Investment Counsel LLC (1.84%). 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.

Which major investors are selling Steven Madden stock?

SHOO stock was sold by a variety of institutional investors in the last quarter, including Eagle Asset Management Inc., Jennison Associates LLC, Morgan Stanley, Morgan Stanley, Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, BlackRock Inc., and Nuveen Asset Management LLC. Company insiders that have sold Steven Madden company stock in the last year include Amelia Varela, Arvind Dharia, Awadhesh K Sinha, Karla Frieders, Peter Migliorini, Robert Garrett Smith, and Rose Peabody Lynch. View insider buying and selling activity for Steven Madden.

Which major investors are buying Steven Madden stock?

SHOO stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Deutsche Bank AG, Janus Henderson Group PLC, Federated Hermes Inc., Schroder Investment Management Group, Matarin Capital Management LLC, APG Asset Management N.V., and APG Asset Management N.V.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Steven Madden's stock price today?

One share of SHOO stock can currently be purchased for approximately $24.21.

How big of a company is Steven Madden?

Steven Madden has a market capitalization of $2.01 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.

What is Steven Madden's official website?

The official website for Steven Madden is 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]

This page was last updated on 6/1/2020 by MarketBeat.com Staff