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

Steven Madden (NASDAQ:SHOOGet Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.000-2.100 for the period, compared to the consensus earnings per share estimate of 2.100. The company issued revenue guidance of $2.8 billion-$2.8 billion, compared to the consensus revenue estimate of $2.8 billion.

Steven Madden Stock Performance

NASDAQ:SHOO opened at $37.69 on Wednesday. Steven Madden has a 12-month low of $19.75 and a 12-month high of $46.88. The company has a quick ratio of 1.11, a current ratio of 1.90 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $2.75 billion, a PE ratio of 60.79 and a beta of 1.12. The firm has a 50-day moving average price of $35.66 and a 200 day moving average price of $38.93.

Steven Madden (NASDAQ:SHOOGet Free Report) last released its quarterly earnings data on Wednesday, May 6th. The textile maker reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.03. Steven Madden had a return on equity of 13.60% and a net margin of 1.76%.Steven Madden has set its FY 2026 guidance at 2.000-2.100 EPS. Research analysts anticipate that Steven Madden will post 2.09 earnings per share for the current fiscal year.

Steven Madden Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Wednesday, March 11th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Wednesday, March 11th. Steven Madden’s dividend payout ratio is 135.48%.

Analysts Set New Price Targets

Several research firms have issued reports on SHOO. Williams Trading set a $48.00 price objective on Steven Madden in a research note on Tuesday, March 10th. Zacks Research upgraded shares of Steven Madden from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 8th. UBS Group reissued a “neutral” rating and set a $40.00 price target (up from $38.00) on shares of Steven Madden in a report on Monday, April 27th. Jefferies Financial Group lowered shares of Steven Madden from a “hold” rating to an “underperform” rating and set a $30.00 price target on the stock. in a research report on Thursday, February 5th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $50.00 price objective on shares of Steven Madden in a report on Thursday, February 26th. Five investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $43.88.

Check Out Our Latest Analysis on SHOO

Insider Activity at Steven Madden

In other news, Director Arian Simone Reed sold 3,600 shares of the stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $33.44, for a total transaction of $120,384.00. Following the sale, the director directly owned 8,705 shares of the company’s stock, valued at $291,095.20. This represents a 29.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.21% of the stock is owned by company insiders.

Institutional Investors Weigh In On Steven Madden

Hedge funds and other institutional investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its stake in shares of Steven Madden by 86.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,045 shares of the textile maker’s stock valued at $25,000 after acquiring an additional 485 shares during the period. Los Angeles Capital Management LLC acquired a new stake in Steven Madden in the fourth quarter worth about $30,000. Global Retirement Partners LLC raised its holdings in Steven Madden by 1,064.3% during the 4th quarter. Global Retirement Partners LLC now owns 815 shares of the textile maker’s stock worth $34,000 after purchasing an additional 745 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in Steven Madden during the 4th quarter worth about $43,000. Finally, Public Employees Retirement System of Ohio lifted its position in Steven Madden by 13.9% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 2,324 shares of the textile maker’s stock valued at $78,000 after purchasing an additional 283 shares during the period. 99.88% of the stock is owned by institutional investors and hedge funds.

About Steven Madden

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Steven Madden (NASDAQ:SHOO)

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