Brokerages Set Steven Madden, Ltd. (NASDAQ:SHOO) Target Price at $45.57

Shares of Steven Madden, Ltd. (NASDAQ:SHOO) have been given an average rating of “Moderate Buy” by the ten analysts that are covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $45.5714.

Several analysts have issued reports on SHOO shares. UBS Group restated a “neutral” rating and issued a $43.00 target price on shares of Steven Madden in a report on Tuesday, December 9th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $50.00 target price on shares of Steven Madden in a research note on Wednesday, December 17th. Wall Street Zen raised shares of Steven Madden from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. BTIG Research reissued a “buy” rating and set a $50.00 target price (up previously from $43.00) on shares of Steven Madden in a research report on Thursday, December 4th. Finally, Zacks Research raised Steven Madden from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th.

Institutional Trading of Steven Madden

Hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of Steven Madden by 2.5% during the 3rd quarter. Vanguard Group Inc. now owns 8,283,806 shares of the textile maker’s stock worth $277,342,000 after purchasing an additional 200,013 shares during the period. Wellington Management Group LLP lifted its stake in shares of Steven Madden by 18.1% during 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 buying an additional 528,829 shares during the period. Capital Research Global Investors boosted its position in Steven Madden by 14.0% during the third quarter. Capital Research Global Investors now owns 2,720,354 shares of the textile maker’s stock worth $91,077,000 after acquiring an additional 334,058 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Steven Madden by 1.7% during the third 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. Finally, Invesco Ltd. increased its position in Steven Madden by 50.5% during the second quarter. Invesco Ltd. now owns 2,426,926 shares of the textile maker’s stock worth $58,198,000 after purchasing an additional 814,318 shares during the last quarter. 99.88% of the stock is owned by institutional investors and hedge funds.

Steven Madden Trading Down 1.4%

Shares of NASDAQ:SHOO opened at $45.60 on Monday. The firm has a market capitalization of $3.31 billion, a price-to-earnings ratio of 57.72 and a beta of 1.11. The business’s 50 day moving average price is $42.30 and its 200-day moving average price is $34.28. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.91 and a quick ratio of 1.08. Steven Madden has a 1 year low of $19.05 and a 1 year high of $46.55.

Steven Madden (NASDAQ:SHOO) last posted its quarterly earnings data on Wednesday, November 5th. The textile maker reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.01). Steven Madden had a return on equity of 14.28% and a net margin of 2.38%.The firm had revenue of $667.88 million during the quarter, compared to analyst estimates of $697.89 million. During the same quarter in the previous year, the firm posted $0.91 earnings per share. The company’s quarterly revenue was up 6.9% on a year-over-year basis. Steven Madden has set its Q4 2025 guidance at 0.410-0.460 EPS. On average, equities research analysts forecast that Steven Madden will post 2.66 earnings per share for the current fiscal year.

Steven Madden Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 15th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Monday, December 15th. Steven Madden’s dividend payout ratio (DPR) is 106.33%.

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.