Steven Madden, Ltd. (NASDAQ:SHOO) Receives $45.12 Average Price Target from Analysts

Steven Madden, Ltd. (NASDAQ:SHOO) has received a consensus recommendation of “Moderate Buy” from the nine brokerages that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $48.1250.

A number of equities analysts recently commented on SHOO shares. Needham & Company LLC raised their price objective on shares of Steven Madden from $45.00 to $52.00 and gave the stock a “buy” rating in a research note on Friday, June 12th. Citigroup reissued a “buy” rating and set a $55.00 target price (up from $45.00) on shares of Steven Madden in a research note on Friday. Wall Street Zen raised Steven Madden from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Telsey Advisory Group lifted their price target on Steven Madden from $50.00 to $55.00 and gave the company an “outperform” rating in a report on Friday. Finally, UBS Group reissued a “neutral” rating and issued a $45.00 price objective (up from $40.00) on shares of Steven Madden in a research note on Friday.

Insider Buying and Selling at Steven Madden

In other news, insider Christina Ciglar sold 5,147 shares of Steven Madden stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $44.74, for a total transaction of $230,276.78. Following the completion of the sale, the insider directly owned 35,200 shares in the company, valued at $1,574,848. The trade was a 12.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Arian Simone Reed sold 648 shares of the business’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 value of $25,900.56. Following the completion of the sale, the director directly owned 8,057 shares of the company’s stock, valued at approximately $322,038.29. The trade was a 7.44% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 6,270 shares of company stock worth $276,992. 2.21% of the stock is currently owned by corporate insiders.

Institutional Trading of Steven Madden

Several large investors have recently added to or reduced their stakes in the business. Los Angeles Capital Management LLC acquired a new position in shares of Steven Madden during the 4th quarter worth $30,000. Global Retirement Partners LLC lifted its stake in shares of Steven Madden by 1,064.3% in the 4th quarter. Global Retirement Partners LLC now owns 815 shares of the textile maker’s stock valued at $34,000 after purchasing an additional 745 shares during the last quarter. First Horizon Corp boosted its holdings in Steven Madden by 55.1% in the fourth quarter. First Horizon Corp now owns 892 shares of the textile maker’s stock worth $37,000 after purchasing an additional 317 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Steven Madden by 79.4% during the 4th quarter. Farther Finance Advisors LLC now owns 983 shares of the textile maker’s stock valued at $41,000 after acquiring an additional 435 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in Steven Madden during the fourth quarter valued at approximately $43,000. 99.88% of the stock is owned by institutional investors.

Key Steven Madden News

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

• Positive Sentiment: Q2 results exceeded expectations: Adjusted EPS was $0.44, above the $0.33 analyst consensus and up from $0.20 a year earlier. Revenue rose 19.1% year over year to $665.9 million, beating estimates of approximately $635.4 million. Steven Madden Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Fiscal 2026 outlook was raised: Steven Madden increased its full-year revenue and adjusted EPS expectations following the quarterly rebound. Current EPS guidance is $2.05 to $2.15, with revenue guidance near $2.8 billion, supporting the view that demand and profitability are improving. SHOO Stock Jumps After Q2 Earnings Beat
• 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 with a $52 target, citing the earnings beat and margin recovery. Steven Madden Buy Rating Reaffirmed
• Neutral Sentiment: Brokerages collectively maintain a “Moderate Buy” recommendation, indicating generally favorable sentiment but not unanimous conviction.
• Neutral Sentiment: Steven Madden declared a quarterly dividend of $0.21 per share, payable September 24 to shareholders of record September 11. The dividend provides modest income support, with an indicated yield of about 1.8%.
• Negative Sentiment: The EPS guidance range has a midpoint of $2.10, slightly below the current analyst consensus of $2.12, which could limit upside if future results do not exceed expectations.

Steven Madden Stock Performance

Shares of SHOO opened at $46.08 on Friday. The business’s 50-day moving average price is $43.13 and its 200 day moving average price is $39.92. The company has a current ratio of 1.91, a quick ratio of 1.13 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $3.37 billion, a P/E ratio of 23.16 and a beta of 1.14. Steven Madden has a 1-year low of $23.15 and a 1-year high of $48.76.

Steven Madden (NASDAQ:SHOO) last posted its quarterly earnings data on Thursday, July 30th. The textile maker reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.11. The company had revenue of $665.87 million during the quarter, compared to analyst estimates of $635.39 million. Steven Madden had a net margin of 5.23% and a return on equity of 13.85%. The business’s quarterly revenue was up 19.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.20 earnings per share. Steven Madden has set its FY 2026 guidance at 2.050-2.150 EPS. Analysts expect that Steven Madden will post 2.14 earnings per share for the current year.

Steven Madden Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Friday, September 11th will be paid 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 (DPR) is 42.21%.

Steven Madden Company Profile

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.