NASDAQ:SHOO - Steven Madden Stock Price, News, & Analysis

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$29.74 +0.69 (+2.38 %)
(As of 12/11/2018 11:13 AM ET)
Previous Close$29.05
Today's Range$29.3089 - $29.90
52-Week Range$27.77 - $39.30
Volume97,118 shs
Average Volume632,480 shs
Market Capitalization$2.54 billion
P/E Ratio19.96
Dividend Yield1.83%
Beta0.64
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, Dolce Vita, DV by Dolce Vita, Mad Love, Steven by Steve Madden, Report, Superga, Betsey Johnson, Betseyville, Steve Madden Kids, FREEBIRD by Steven, Stevies, B Brian Atwood, Blondo, Kate Spade, and Avec Les Filles brands, as well as private label footwear. The company's Wholesale Accessories segment offers Big Buddha, Madden NYC, Betsey Johnson, Steve Madden, Steven by Steve Madden, Madden Girl, Cejon, B Brian Atwood, Luv Betsey, DKNY, and Donna Karan 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, and Dolce Vita e-commerce Websites. As of December 31, 2017, the company owned and operated 206 retail stores. 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. The company's Licensing segment licenses its Steve Madden, Steven by Steve Madden, and Madden Girl trademarks. Steven Madden, Ltd. was founded in 1990 and is based in Long Island City, New York.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Footwear, except rubber
Sub-IndustryFootwear
SectorConsumer Discretionary
Current SymbolNASDAQ:SHOO
Previous Symbol
CUSIP55626910
Phone718-446-1800

Debt

Debt-to-Equity RatioN/A
Current Ratio3.48
Quick Ratio2.80

Price-To-Earnings

Trailing P/E Ratio19.96
Forward P/E Ratio16.61
P/E Growth1.52

Sales & Book Value

Annual Sales$1.55 billion
Price / Sales1.68
Cash Flow$1.7371 per share
Price / Cash Flow17.12
Book Value$9.12 per share
Price / Book3.26

Profitability

EPS (Most Recent Fiscal Year)$1.49
Net Income$117.94 million
Net Margins8.79%
Return on Equity18.05%
Return on Assets13.94%

Miscellaneous

Employees3,884
Outstanding Shares87,460,000
Market Cap$2.54 billion
OptionableOptionable

Steven Madden (NASDAQ:SHOO) Frequently Asked Questions

What is Steven Madden's stock symbol?

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

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

Steven Madden declared a quarterly dividend on Tuesday, October 30th. Shareholders of record on Friday, December 21st will be paid a dividend of $0.14 per share on Monday, December 31st. This represents a $0.56 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend is Thursday, December 20th. This is a positive change from Steven Madden's previous quarterly dividend of $0.13. View Steven Madden's Dividend History.

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

Steven Madden shares 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 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.

How were Steven Madden's earnings last quarter?

Steven Madden, Ltd. (NASDAQ:SHOO) issued its quarterly earnings results on Tuesday, October, 30th. The textile maker reported $0.65 EPS for the quarter, beating the Zacks' consensus estimate of $0.61 by $0.04. The textile maker had revenue of $458.48 million for the quarter, compared to analyst estimates of $472.80 million. Steven Madden had a net margin of 8.79% and a return on equity of 18.05%. Steven Madden's quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.77 EPS. View Steven Madden's Earnings History.

When is Steven Madden's next earnings date?

Steven Madden is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for Steven Madden.

What guidance has Steven Madden issued on next quarter's earnings?

Steven Madden issued an update on its FY18 earnings guidance on Tuesday, October, 30th. The company provided earnings per share (EPS) guidance of $1.76-1.78 for the period, compared to the Thomson Reuters consensus estimate of $1.80. The company issued revenue guidance of $1.64-1.65 billion, compared to the consensus revenue estimate of $1.65 billion.Steven Madden also updated its FY 2018 guidance to $1.76-1.78 EPS.

What price target have analysts set for SHOO?

10 brokers have issued 1-year price targets for Steven Madden's stock. Their predictions range from $30.00 to $49.00. On average, they anticipate Steven Madden's stock price to reach $36.9930 in the next twelve months. This suggests a possible upside of 26.2% from the stock's current price. View Analyst Price Targets for Steven Madden.

What is the consensus analysts' recommendation for Steven Madden?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Steven Madden in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Steven Madden.

What are Wall Street analysts saying about Steven Madden stock?

Here are some recent quotes from research analysts about Steven Madden stock:
  • 1. According to Zacks Investment Research, "Shares of Steven Madden have declined and underperformed the industry in the past three months. The stock came under pressure following concerns related to escalated trade war between the United States and China. Imposition of tariffs on additional consumer goods imported from China are likely to undermine business prospects of the company. A greater percentage of the company’s handbags are made in China. However, to lower its dependency on China, the company is contemplating to shift more of its handbag production to Cambodia. Moreover, higher operating expenses and stiff competition in the industry remain headwinds. Nevertheless, the company’s positive earnings and sales surprise streak, along with strong wholesale and international businesses and impressive product portfolio remains commendable. The company’s directly-owned subsidiaries in Canada and Mexico, SM Europe JV and the distributor business posted strong results." (10/19/2018)
  • 2. Canaccord Genuity analysts commented, "Last week, we met with CEO Ed Rosenfeld while touring the Madden showroom as it prepares for the fall/winter ’18 season. Central to our BUY thesis is SHOO’s ability to continue to lead with on-trend fashion that is supported by the industry’s best test and react strategy. This was evident during our showroom tour as SHOO has a host of trends it is delivering against. These includes fashion sneakers, to-the-knee boots and hiker boots. We also saw early 1Q19 spring sandals, which included sandals with elastic straps, espadrilles, slides on wood-finished bottoms, and woven sandals. Taking it together, SHOO continues to deliver on-trend fashion footwear at accessible price points faster than any competitor in the market. While we continue to see further opportunities for share gains for SHOO, the competitive set appears to be struggling even more so." (8/13/2018)

Has Steven Madden been receiving favorable news coverage?

Media stories about SHOO stock have been trending somewhat positive recently, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. 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 1.5 on InfoTrie's scale. They also assigned news headlines about the textile maker a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Who are some of Steven Madden's key competitors?

Who are Steven Madden's key executives?

Steven Madden's management team includes the folowing people:
  • Mr. Edward R. Rosenfeld, Chairman & CEO (Age 42)
  • Ms. Amelia Newton Varela, Pres & Director (Age 46)
  • Mr. Arvind Dharia, CFO, Chief Accounting Officer & Sec. (Age 68)
  • Mr. Awadhesh K. Sinha, Chief Operating Officer (Age 72)
  • Ms. Karla Frieders, Chief Merchandising Officer (Age 41)

Who are Steven Madden's major shareholders?

Steven Madden's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.95%), Vanguard Group Inc. (6.03%), Macquarie Group Ltd. (2.63%), FMR LLC (2.31%), Eagle Asset Management Inc. (1.98%) and Dimensional Fund Advisors LP (1.87%). Company insiders that own Steven Madden stock include Amelia Varela, Arvind Dharia, Awadhesh K Sinha, Edward R Rosenfeld, Karla Frieders, Michael Paradise, Peter Migliorini, Richard P Randall and Rose Peabody Lynch. View Institutional Ownership Trends for Steven Madden.

Which institutional investors are selling Steven Madden stock?

SHOO stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Macquarie Group Ltd., Schroder Investment Management Group, FMR LLC, Marshall Wace North America L.P., JPMorgan Chase & Co., JPMorgan Chase & Co. and Carillon Tower Advisers Inc.. Company insiders that have sold Steven Madden company stock in the last year include Amelia Varela, Arvind Dharia, Awadhesh K Sinha, Edward R Rosenfeld, Karla Frieders, Peter Migliorini, Richard P Randall and Rose Peabody Lynch. View Insider Buying and Selling for Steven Madden.

Which institutional investors are buying Steven Madden stock?

SHOO stock was purchased by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, Marshall Wace LLP, BlackRock Inc., Franklin Resources Inc., WINTON GROUP Ltd, Hodges Capital Management Inc., Vanguard Group Inc. and PNC Financial Services Group Inc.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Steven Madden's stock price today?

One share of SHOO stock can currently be purchased for approximately $29.3089.

How big of a company is Steven Madden?

Steven Madden has a market capitalization of $2.54 billion and generates $1.55 billion in revenue each year. The textile maker earns $117.94 million in net income (profit) each year or $1.49 on an earnings per share basis. Steven Madden employs 3,884 workers across the globe.

What is Steven Madden's official website?

The official website for Steven Madden is http://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]


MarketBeat Community Rating for Steven Madden (NASDAQ SHOO)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  612 (Vote Outperform)
Underperform Votes:  387 (Vote Underperform)
Total Votes:  999
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.
This page was last updated on 12/11/2018 by MarketBeat.com Staff

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