BTIG Research Reaffirms Buy Rating for Steven Madden (NASDAQ:SHOO)

Steven Madden (NASDAQ:SHOO)‘s stock had its “buy” rating restated by BTIG Research in a research note issued to investors on Thursday,Benzinga reports. They currently have a $50.00 target price on the textile maker’s stock. BTIG Research’s price target would indicate a potential upside of 39.59% from the stock’s previous close.

SHOO has been the topic of a number of other reports. Piper Sandler upped their price target on shares of Steven Madden from $40.00 to $50.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. Jefferies Financial Group downgraded Steven Madden from a “hold” rating to an “underperform” rating and set a $30.00 target price on the stock. in a research note on Thursday, February 5th. UBS Group reaffirmed a “neutral” rating on shares of Steven Madden in a research note on Monday. Wall Street Zen raised Steven Madden from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Steven Madden in a research report on Thursday, January 22nd. Five investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $42.38.

Steven Madden Stock Down 4.1%

Shares of Steven Madden stock opened at $35.82 on Thursday. The company has a current ratio of 1.91, a quick ratio of 1.08 and a debt-to-equity ratio of 0.33. Steven Madden has a 1 year low of $19.05 and a 1 year high of $46.88. The stock has a 50-day moving average price of $42.07 and a 200 day moving average price of $37.32. The company has a market cap of $2.60 billion, a P/E ratio of 45.34 and a beta of 1.11.

Steven Madden (NASDAQ:SHOO) last posted its quarterly earnings results on Wednesday, February 25th. The textile maker reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. Steven Madden had a net margin of 2.38% and a return on equity of 14.28%. The business had revenue of $753.70 million during the quarter, compared to analyst estimates of $758.53 million. During the same period in the prior year, the firm earned $0.55 earnings per share. The firm’s revenue was up 29.6% compared to the same quarter last year. As a group, analysts expect that Steven Madden will post 2.66 EPS for the current fiscal year.

Institutional Trading of Steven Madden

Several large investors have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in Steven Madden by 2.5% in the 3rd quarter. Vanguard Group Inc. now owns 8,283,806 shares of the textile maker’s stock worth $277,342,000 after acquiring an additional 200,013 shares during the period. Wellington Management Group LLP increased its stake in shares of Steven Madden by 18.1% in the third quarter. Wellington Management Group LLP now owns 3,453,208 shares of the textile maker’s stock worth $115,613,000 after purchasing an additional 528,829 shares during the period. Invesco Ltd. lifted its position in shares of Steven Madden by 15.2% during the 4th quarter. Invesco Ltd. now owns 2,784,943 shares of the textile maker’s stock worth $115,965,000 after purchasing an additional 367,459 shares during the last quarter. Capital Research Global Investors boosted its stake in Steven Madden by 14.0% during the 3rd quarter. Capital Research Global Investors now owns 2,720,354 shares of the textile maker’s stock valued at $91,077,000 after purchasing an additional 334,058 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in Steven Madden by 1.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,450,539 shares of the textile maker’s stock worth $82,046,000 after buying an additional 41,947 shares during the period. 99.88% of the stock is owned by institutional investors.

Trending Headlines about Steven Madden

Here are the key news stories impacting Steven Madden this week:

• Positive Sentiment: Large short-covering — short interest fell ~24.2% in February to ~3.38M shares (short-interest ratio ~1.4 days), reducing near-term downward pressure from short sellers.
• Positive Sentiment: Quarterly dividend declared: $0.21/share (record Mar 11, payable Mar 20), implying a ~2.3% yield — adds income support for the stock.
• Positive Sentiment: Q4 results showed a beat on EPS (adjusted $0.48 vs. consensus $0.46) and revenue up ~29% YoY, driven by the Kurt Geiger acquisition — revenue strength helps the growth narrative. SHOO Q4 Earnings and Revenues Surpass Estimates
• Neutral Sentiment: FY2026 revenue outlook given at roughly $2.7B–$2.8B (in line with consensus), so top-line guidance isn’t a surprise but EPS guidance remained unclear in the release. Steve Madden Announces Fourth Quarter and Full-Year 2025 Results
• Negative Sentiment: Management withheld a profit forecast citing tariff uncertainty; that caution spooked investors despite the EPS beat and is cited as the main reason for the intraday weakness. Steven Madden Slides On Tariff Uncertainty Despite EPS Beat
• Negative Sentiment: Analyst action: Needham cut its price target from $50 to $41 (still a Buy), reducing perceived upside from prior estimates. Steven Madden Given New $41.00 Price Target at Needham
• Negative Sentiment: Profitability is under pressure — Q4 EPS of $0.48 is below last year’s $0.55 and trailing net margin was modest (~2.4%), so investors may be concerned about margin recovery even as revenue grows.

About Steven Madden

Steven Madden, Inc (NASDAQ: SHOO) is a New York–based designer and marketer of fashion footwear, handbags and accessories. The company’s product portfolio spans a range of contemporary and lifestyle brands for women, men and children, including its core Steve Madden label as well as the Madden Girl and Dolce Vita brands. In addition to footwear, the company licenses its trademarks for use on apparel, eyewear and other fashion accessories.

Steven Madden distributes its products through multiple channels, including wholesale partners, e-commerce platforms and its own brick-and-mortar retail stores.