Wall Street Zen Upgrades Steven Madden (NASDAQ:SHOO) to Strong-Buy

Posted by Stanley Muller on Aug 10th, 2026

Steven Madden (NASDAQ:SHOO – Get Free Report) was upgraded by investment analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued on Saturday.

SHOO has been the topic of several other research reports. BTIG Research reissued a “buy” rating and set a $50.00 price objective on shares of Steven Madden in a report on Monday, July 27th. Zacks Research cut Steven Madden from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Telsey Advisory Group increased their target price on Steven Madden from $50.00 to $55.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Williams Trading set a $56.00 price target on Steven Madden in a research note on Monday, August 3rd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Steven Madden in a report on Friday, July 17th. Five investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Steven Madden presently has a consensus rating of “Hold” and an average target price of $49.75.

Read Our Latest Report on Steven Madden

Steven Madden Price Performance

Shares of NASDAQ SHOO opened at $48.58 on Friday. 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 company has a market cap of $3.55 billion, a price-to-earnings ratio of 24.41 and a beta of 1.14. Steven Madden has a 12 month low of $24.50 and a 12 month high of $49.70. The stock has a 50-day moving average price of $43.67 and a two-hundred day moving average price of $40.02.

Steven Madden (NASDAQ:SHOO – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.11. The company had revenue of $665.87 million for the quarter, compared to the consensus estimate of $635.39 million. Steven Madden had a net margin of 5.23% and a return on equity of 13.85%. The firm’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same period last year, the company posted $0.20 EPS. Steven Madden has set its FY 2026 guidance at 2.050-2.150 EPS. As a group, analysts forecast that Steven Madden will post 2.14 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Steven Madden news, Director Al Ferrara sold 3,918 shares of the company’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $48.26, for a total value of $189,082.68. Following the sale, the director owned 26,197 shares in the company, valued at approximately $1,264,267.22. The trade was a 13.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Mitchell S. Klipper sold 3,918 shares of Steven Madden stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $48.54, for a total value of $190,179.72. Following the completion of the transaction, the director directly owned 32,555 shares in the company, valued at approximately $1,580,219.70. This represents a 10.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 15,356 shares of company stock worth $717,204. Corporate insiders own 2.21% of the company’s stock.

Institutional Investors Weigh In On Steven Madden

A number of hedge funds have recently added to or reduced their stakes in the business. Wellington Management Group LLP increased its stake in shares of Steven Madden by 18.1% in the 3rd 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 in the last quarter. Invesco Ltd. increased its stake in Steven Madden by 15.2% in the fourth quarter. Invesco Ltd. now owns 2,784,943 shares of the textile maker’s stock valued at $115,965,000 after purchasing an additional 367,459 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of 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 valued at $82,046,000 after purchasing an additional 41,947 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Steven Madden by 0.4% during the fourth 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% during the 4th quarter. Nuveen LLC now owns 1,225,742 shares of the textile maker’s stock worth $51,040,000 after purchasing an additional 87,450 shares in the last quarter. 99.88% of the stock is currently owned by institutional investors.

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.