Steven Madden (NASDAQ:SHOO) Updates FY 2026 Earnings Guidance

Steven Madden (NASDAQ:SHOO) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 2.050-2.150 for the period, compared to the consensus estimate of 2.120. The company issued revenue guidance of $2.8 billion-$2.8 billion, compared to the consensus revenue estimate of $2.8 billion.

Steven Madden Trading Down 2.1%

Shares of NASDAQ SHOO traded down $0.98 during mid-day trading on Friday, reaching $46.85. The company had a trading volume of 1,028,619 shares, compared to its average volume of 1,256,146. The stock has a market cap of $3.42 billion, a price-to-earnings ratio of 44.60 and a beta of 1.15. Steven Madden has a 52 week low of $23.15 and a 52 week high of $48.76. The business’s 50-day moving average is $43.04 and its 200-day moving average is $39.92. The company has a current ratio of 2.23, a quick ratio of 1.42 and a debt-to-equity ratio of 0.30.

Steven Madden (NASDAQ:SHOO) last issued its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.11. Steven Madden had a net margin of 2.89% and a return on equity of 12.29%. The business had revenue of $665.87 million for the quarter, compared to analyst estimates of $635.39 million. During the same quarter in the prior year, the business posted $0.20 EPS. Steven Madden’s revenue for the quarter was up 19.1% compared to the same quarter last year. Steven Madden has set its FY 2026 guidance at 2.050-2.150 EPS. Equities analysts expect that Steven Madden will post 2.11 earnings per share for the current year.

Steven Madden Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Friday, September 11th will be issued a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.8%. Steven Madden’s dividend payout ratio is presently 80.00%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Needham & Company LLC raised their target price on Steven Madden from $45.00 to $52.00 and gave the company a “buy” rating in a research report on Friday, June 12th. Wall Street Zen upgraded Steven Madden from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. BTIG Research restated a “buy” rating and issued a $50.00 price target on shares of Steven Madden in a research report on Monday. Telsey Advisory Group boosted their price objective on Steven Madden from $50.00 to $55.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Citigroup reissued a “buy” rating and set a $55.00 price objective (up from $45.00) on shares of Steven Madden in a report on Friday. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $48.12.

Insider Activity

In related news, Director Arian Simone Reed sold 648 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $39.97, for a total transaction of $25,900.56. Following the transaction, the director owned 8,057 shares of the company’s stock, valued at approximately $322,038.29. This trade represents a 7.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Christina Ciglar sold 5,147 shares of the company’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $44.74, for a total value of $230,276.78. Following the sale, the insider owned 35,200 shares of the company’s stock, valued at approximately $1,574,848. This trade represents a 12.76% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 6,270 shares of company stock worth $276,992. Insiders own 2.21% of the company’s stock.

Steven Madden News Roundup

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

• Positive Sentiment: Strong Q2 earnings beat: Steven Madden reported adjusted earnings of $0.44 per share, well above the $0.33 consensus estimate and up from $0.20 a year earlier. Revenue increased 19.1% year over year to $665.9 million, exceeding expectations by roughly $27.5 million. Steven Madden Q2 earnings and revenues top estimates
• Positive Sentiment: Raised fiscal 2026 outlook: Management increased its full-year revenue and adjusted EPS guidance following the strong quarter. Current EPS guidance is $2.05 to $2.15, with revenue expected at approximately $2.8 billion, signaling confidence in continued growth and margin recovery. SHOO stock jumps after earnings beat and outlook raised
• Positive Sentiment: Analyst sentiment improved: Telsey Advisory Group raised its price target from $50 to $55 and assigned an “Outperform” rating. Needham also reiterated its “Buy” rating, citing the earnings beat and recovering margins, with a $52 target. Steven Madden Buy rating reaffirmed
• Positive Sentiment: Shareholder return: Steven Madden declared a quarterly dividend of $0.21 per share, equivalent to an annualized yield of approximately 1.8%.
• Neutral Sentiment: Brokerages collectively maintain a “Moderate Buy” recommendation, while the stock’s P/E ratio near 45 and proximity to its 12-month high indicate that strong future execution may already be partly reflected in the valuation.

Hedge Funds Weigh In On Steven Madden

A number of hedge funds have recently modified their holdings of the stock. Wellington Management Group LLP grew its stake in 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 valued at $115,613,000 after acquiring an additional 528,829 shares during the period. Invesco Ltd. increased its stake in shares of Steven Madden by 15.2% during the fourth 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 period. Dimensional Fund Advisors LP lifted its holdings in Steven Madden by 1.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,450,539 shares of the textile maker’s stock worth $82,046,000 after purchasing an additional 41,947 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Steven Madden by 0.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,271,827 shares of the textile maker’s stock valued at $52,959,000 after purchasing an additional 5,288 shares during the period. Finally, Nuveen LLC boosted its position in shares of Steven Madden by 7.7% in the fourth quarter. Nuveen LLC now owns 1,225,742 shares of the textile maker’s stock valued at $51,040,000 after acquiring an additional 87,450 shares during the period. 99.88% of the stock is owned by institutional investors and hedge funds.

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.