Telsey Advisory Group Reaffirms “Outperform” Rating for Steven Madden (NASDAQ:SHOO)

Steven Madden (NASDAQ:SHOO)‘s stock had its “outperform” rating restated by Telsey Advisory Group in a research note issued on Thursday,Benzinga reports. They currently have a $50.00 price objective on the textile maker’s stock. Telsey Advisory Group’s price objective would suggest a potential upside of 38.50% from the stock’s current price.

A number of other analysts also recently weighed in on the company. Piper Sandler upped their target price on Steven Madden from $40.00 to $50.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Jefferies Financial Group cut shares of Steven Madden from a “hold” rating to an “underperform” rating and set a $30.00 price objective for the company. in a research report on Thursday, February 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Steven Madden in a research note on Thursday, January 22nd. UBS Group restated a “neutral” rating on shares of Steven Madden in a research report on Monday. Finally, Needham & Company LLC cut their price target on shares of Steven Madden from $50.00 to $41.00 and set a “buy” rating for the company in a report on Wednesday. Five research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $43.43.

Steven Madden Stock Performance

NASDAQ SHOO opened at $36.10 on Thursday. The firm has a 50-day moving average price of $41.81 and a two-hundred day moving average price of $37.40. Steven Madden has a 12-month low of $19.05 and a 12-month high of $46.88. The company has a market capitalization of $2.62 billion, a P/E ratio of 58.23 and a beta of 1.11. The company has a quick ratio of 1.08, a current ratio of 1.90 and a debt-to-equity ratio of 0.26.

Steven Madden (NASDAQ:SHOO) last released its quarterly earnings results on Wednesday, February 25th. The textile maker reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. The company had revenue of $753.70 million during the quarter, compared to the consensus estimate of $758.53 million. Steven Madden had a net margin of 1.76% and a return on equity of 13.60%. The firm’s quarterly revenue was up 29.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.55 earnings per share. Analysts anticipate that Steven Madden will post 2.66 earnings per share for the current year.

Hedge Funds Weigh In On Steven Madden

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. MidFirst Bank bought a new stake in shares of Steven Madden during the fourth quarter worth $217,000. Invesco Ltd. boosted its holdings 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 valued at $115,965,000 after acquiring an additional 367,459 shares in the last quarter. Mercer Global Advisors Inc. ADV bought a new stake in Steven Madden during the 4th quarter worth $214,000. Summit Global Investments acquired a new position in Steven Madden in the 4th quarter worth about $212,000. Finally, EP Wealth Advisors LLC bought a new position in Steven Madden in the fourth quarter valued at about $390,000. Institutional investors own 99.88% of the company’s stock.

Key Stories Impacting Steven Madden

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

• Positive Sentiment: Analyst re-affirmations: BTIG kept a “buy” and Telsey Advisory Group kept an “outperform,” each with a $50 price target (roughly ~38% upside vs current levels), giving fundamental support to the stock. Read More.
• Positive Sentiment: Short interest fell sharply in February (down ~24% to ~3.38M shares, ~4.8% of float), reducing immediate short-selling pressure and potential downside from short-covering dynamics.
• Neutral Sentiment: Q4 results were mixed: EPS beat estimates ($0.48 vs. $0.46) and revenue grew ~29.6% year-over-year, but top-line slightly missed consensus ($753.7M vs. ~$758.5M). The transcript notes the company’s plans to refocus on organic growth and continued aggressive pricing strategies — strategic positives but execution still in progress. Read More.
• Neutral Sentiment: Needham set a new $41 price target — modestly above current levels — signaling some near-term upside is still seen by certain sell-side analysts. Read More.
• Neutral Sentiment: Coverage pieces discuss management’s stated objective to return to organic growth and maintain aggressive pricing; these are strategic themes that could boost margins if demand holds, but they create execution risk in a soft consumer environment. Read More.
• Negative Sentiment: Analyst downgrade and gap down: at least one downgrade was reported that triggered an intra-session gap and additional selling pressure. Read More.
• Negative Sentiment: Management withheld FY26 profit guidance, citing lingering tariff risks — this increased uncertainty about next-year earnings and was a key catalyst for the downward move. Read More.
• Neutral Sentiment: Market write-ups summarizing the day’s selloff note the combination of the withheld guidance + downgrade as the main reasons SHOO traded lower. Read More.

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.