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

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$31.51 -0.35 (-1.10 %)
(As of 05/20/2019 09:23 AM ET)
Previous Close$31.86
Today's Range$31.48 - $32.23
52-Week Range$27.88 - $39.30
Volume567,848 shs
Average Volume613,259 shs
Market Capitalization$2.70 billion
P/E Ratio17.22
Dividend Yield1.78%
Beta0.6
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

Industry Footwear, except rubber
Sub-IndustryFootwear
SectorConsumer Discretionary
Current SymbolNASDAQ:SHOO
CUSIP55626910
Phone718-446-1800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.65 billion
Cash Flow$2.0608 per share
Book Value$9.68 per share

Profitability

Net Income$129.14 million

Miscellaneous

Employees3,900
Market Cap$2.70 billion
Next Earnings Date7/30/2019 (Estimated)
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 announced a quarterly dividend on Monday, April 29th. Stockholders of record on Tuesday, June 18th will be paid a dividend of $0.14 per share on Friday, June 28th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date of this dividend is Monday, June 17th. 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 on the morning of Friday, October 12th 2018. The 3-2 split was announced on Monday, September 17th 2018. The newly issued shares were payable 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.

How were Steven Madden's earnings last quarter?

Steven Madden, Ltd. (NASDAQ:SHOO) posted its quarterly earnings results on Thursday, April, 25th. The textile maker reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.05. The textile maker had revenue of $410.90 million for the quarter, compared to analyst estimates of $404.31 million. Steven Madden had a net margin of 8.06% and a return on equity of 19.36%. The business's revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.54 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, July 30th 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 FY19 earnings guidance on Thursday, April, 25th. The company provided EPS guidance of $1.78-1.86 for the period, compared to the Thomson Reuters consensus estimate of $1.82. The company issued revenue guidance of $1.74 billion, compared to the consensus revenue estimate of prior $1.75-1.83.Steven Madden also updated its FY 2019 guidance to $1.78-1.86 EPS.

What price target have analysts set for SHOO?

10 analysts have issued twelve-month target prices for Steven Madden's shares. Their forecasts range from $30.00 to $41.00. On average, they anticipate Steven Madden's stock price to reach $35.03 in the next twelve months. This suggests a possible upside of 11.2% 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 5 hold ratings and 5 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 Steve Madden have lagged the industry in the past month. Notably, it is facing the heat from escalated trade war between the United States and China. This may lead to store closures which in turn may hurt Steve Madden’s bottom line. Moreover, rise in cost of goods sold and elevated operating costs may weigh on margins in the future. However, the company is gaining from robust performance at its flagship Steve Madden brand in both footwear and accessories that led management to raise 2019 view. The addition of Anne Klein and solid e-commerce business also contributed to the better-than-expected first quarter 2019 results. Further, its expansion plans remain on track as double-digit sales growth is projected in the international market. Moreover, sturdy performance in wholesale business may lift the company’s top line in the near term. In fact, sales are expected to grow 5-7% for 2019, up from the prior view of 4%-6% growth." (5/16/2019)
  • 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?

News headlines about SHOO stock have been trending somewhat negative on Monday, InfoTrie reports. The research firm rates the sentiment of press coverage by reviewing 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 nearest to five being the most favorable. Steven Madden earned a coverage optimism score of -1.0 on InfoTrie's scale. They also gave press coverage about the textile maker a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term.

Who are some of Steven Madden's key 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 Nektar Therapeutics (NKTR), Mondi (MNDI), Netflix (NFLX), Vuzix (VUZI), Depomed (DEPO), E*TRADE Financial (ETFC), Intel (INTC), Seagate Technology (STX), Citigroup (C) and TAL Education Group (TAL).

Who are Steven Madden's key executives?

Steven Madden's management team includes the folowing 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)

Who are Steven Madden's major shareholders?

Steven Madden's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.69%), Macquarie Group Ltd. (4.41%), FMR LLC (3.42%), Victory Capital Management Inc. (3.16%), Wellington Management Group LLP (3.12%) and Eagle Asset Management Inc. (2.93%). 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 Renaissance Technologies LLC, Morgan Stanley, Boston Partners, FMR LLC, JPMorgan Chase & Co., Maverick Capital Ltd., SG Americas Securities LLC and Goldman Sachs Group Inc.. Company insiders that have sold Steven Madden company stock in the last year include Awadhesh K Sinha, Karla Frieders, Michael Paradise, 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 acquired by a variety of institutional investors in the last quarter, including Fort Washington Investment Advisors Inc. OH, Macquarie Group Ltd., Wellington Management Group LLP, Lazard Asset Management LLC, Man Group plc, State of Wisconsin Investment Board, Victory Capital Management Inc. and SEI Investments Co. 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 $31.51.

How big of a company is Steven Madden?

Steven Madden has a market capitalization of $2.70 billion and generates $1.65 billion in revenue each year. The textile maker earns $129.14 million in net income (profit) each year or $1.83 on an earnings per share basis. Steven Madden employs 3,900 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:  3.0 out of 5 (star star star)
Outperform Votes:  637 (Vote Outperform)
Underperform Votes:  416 (Vote Underperform)
Total Votes:  1,053
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 5/20/2019 by MarketBeat.com Staff

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