BTIG Research Reaffirms Buy Rating for Steven Madden (NASDAQ:SHOO)

Posted by George Bondi on Jul 27th, 2026

Steven Madden (NASDAQ:SHOO – Get Free Report)‘s stock had its “buy” rating reiterated by investment analysts at BTIG Research in a report released on Monday,Benzinga reports. They presently have a $50.00 price objective on the textile maker’s stock. BTIG Research’s price objective points to a potential upside of 16.96% from the company’s previous close.

SHOO has been the subject of a number of other research reports. Wall Street Zen raised Steven Madden from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. UBS Group reaffirmed 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. Needham & Company LLC increased their price objective on Steven Madden from $45.00 to $52.00 and gave the company a “buy” rating in a research report on Friday, June 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Steven Madden in a report on Friday, July 17th. Finally, Zacks Research raised Steven Madden from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $45.12.

Check Out Our Latest Research Report on SHOO

Steven Madden Stock Performance

NASDAQ:SHOO opened at $42.75 on Monday. The company’s 50 day moving average price is $42.64 and its 200-day moving average price is $39.91. Steven Madden has a 52 week low of $22.26 and a 52 week high of $47.10. The company has a quick ratio of 1.42, a current ratio of 2.23 and a debt-to-equity ratio of 0.30. The stock has a market cap of $3.12 billion, a price-to-earnings ratio of 40.71 and a beta of 1.15.

Steven Madden (NASDAQ:SHOO – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The textile maker reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.03. Steven Madden had a net margin of 2.89% and a return on equity of 12.29%. The company had revenue of $653.10 million during the quarter, compared to the consensus estimate of $646.64 million. During the same quarter last year, the firm earned $0.60 earnings per share. The firm’s quarterly revenue was up 18.0% compared to the same quarter last year. Steven Madden has set its FY 2026 guidance at 2.000-2.100 EPS. On average, equities research analysts forecast that Steven Madden will post 2.1 earnings per share for the current fiscal year.

Insider Buying and Selling at Steven Madden

In related news, Director Arian Simone Reed sold 648 shares of Steven Madden stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $39.97, for a total value of $25,900.56. Following the completion of the sale, the director owned 8,057 shares of the company’s stock, valued at $322,038.29. The trade was a 7.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Christina Ciglar sold 5,147 shares of the company’s stock in a transaction on Tuesday, June 9th. The shares were 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. Insiders sold 6,270 shares of company stock valued at $276,992 in the last ninety days. 2.21% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Steven Madden

Institutional investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC boosted its holdings in shares of Steven Madden by 86.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,045 shares of the textile maker’s stock worth $25,000 after buying an additional 485 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in Steven Madden in the fourth quarter worth approximately $30,000. Global Retirement Partners LLC raised its position in Steven Madden by 1,064.3% in the fourth quarter. Global Retirement Partners LLC now owns 815 shares of the textile maker’s stock worth $34,000 after acquiring an additional 745 shares during the period. First Horizon Corp boosted its stake in shares of Steven Madden by 55.1% during the 4th quarter. First Horizon Corp now owns 892 shares of the textile maker’s stock worth $37,000 after acquiring an additional 317 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its stake 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 worth $41,000 after acquiring an additional 435 shares during the last quarter. Institutional investors own 99.88% of the company’s stock.

Steven Madden Company Profile

(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.