Steven Madden Q1 EPS Estimate Cut by Telsey Advisory Group

Steven Madden, Ltd. (NASDAQ:SHOO - Free Report) - Investment analysts at Telsey Advisory Group lowered their Q1 2025 earnings per share estimates for shares of Steven Madden in a research report issued to clients and investors on Thursday, February 27th. Telsey Advisory Group analyst D. Telsey now expects that the textile maker will post earnings of $0.44 per share for the quarter, down from their prior forecast of $0.69. Telsey Advisory Group currently has a "Market Perform" rating and a $38.00 price target on the stock. The consensus estimate for Steven Madden's current full-year earnings is $2.66 per share.

Steven Madden (NASDAQ:SHOO - Get Free Report) last issued its earnings results on Wednesday, February 26th. The textile maker reported $0.55 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.53 by $0.02. The business had revenue of $582.32 million for the quarter, compared to analysts' expectations of $550.37 million. Steven Madden had a return on equity of 23.41% and a net margin of 7.68%.

Other analysts have also recently issued research reports about the company. Needham & Company LLC reaffirmed a "hold" rating on shares of Steven Madden in a research report on Thursday, February 27th. Jefferies Financial Group reaffirmed a "hold" rating on shares of Steven Madden in a research report on Monday, February 3rd. Piper Sandler decreased their target price on Steven Madden from $45.00 to $40.00 and set a "neutral" rating for the company in a research report on Tuesday, February 4th. Loop Capital decreased their target price on Steven Madden from $40.00 to $35.00 and set a "hold" rating for the company in a research report on Thursday, February 27th. Finally, Citigroup decreased their target price on Steven Madden from $38.00 to $35.00 and set a "neutral" rating for the company in a research report on Thursday, February 27th. Eight investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $40.33.

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Steven Madden Trading Up 1.4 %

Shares of NASDAQ SHOO traded up $0.42 during mid-day trading on Monday, reaching $29.43. The company had a trading volume of 1,386,720 shares, compared to its average volume of 727,683. The stock has a market cap of $2.12 billion, a PE ratio of 12.52 and a beta of 1.07. The company has a 50-day moving average price of $39.31 and a two-hundred day moving average price of $43.20. Steven Madden has a 1-year low of $28.51 and a 1-year high of $50.01.

Steven Madden Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Monday, March 10th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.84 dividend on an annualized basis and a yield of 2.85%. Steven Madden's payout ratio is 35.74%.

Institutional Trading of Steven Madden

Institutional investors have recently bought and sold shares of the company. Gladius Capital Management LP acquired a new stake in shares of Steven Madden in the third quarter worth about $36,000. R Squared Ltd acquired a new stake in shares of Steven Madden in the fourth quarter worth about $55,000. Quarry LP lifted its position in shares of Steven Madden by 403.6% in the fourth quarter. Quarry LP now owns 1,385 shares of the textile maker's stock worth $59,000 after buying an additional 1,110 shares during the last quarter. International Assets Investment Management LLC lifted its position in shares of Steven Madden by 4,800.0% in the third quarter. International Assets Investment Management LLC now owns 1,911 shares of the textile maker's stock worth $94,000 after buying an additional 1,872 shares during the last quarter. Finally, Blue Trust Inc. lifted its position in shares of Steven Madden by 20.9% in the fourth quarter. Blue Trust Inc. now owns 1,958 shares of the textile maker's stock worth $83,000 after buying an additional 339 shares during the last quarter. Institutional investors and hedge funds own 99.88% of the company's stock.

About Steven Madden

Steven Madden, Ltd. designs, sources, and markets fashion-forward branded and private label footwear, accessories, and apparel in the United States and internationally. It operates through Wholesale Footwear, Wholesale Accessories/Apparel, Direct-to- Consumer, and Licensing segments. The Wholesale Footwear segment designs, sources, and markets various products, including dress shoes, boots, booties, fashion sneakers, sandals, and casual shoes under the Steve Madden, Dolce Vita, Betsey Johnson, Blondo, GREATS, and Anne Klein brands.