Zacks Research Reduces Earnings Estimates for Steven Madden

Steven Madden, Ltd. (NASDAQ:SHOO - Free Report) - Equities researchers at Zacks Research lowered their Q1 2025 earnings per share (EPS) estimates for shares of Steven Madden in a research note issued on Wednesday, March 19th. Zacks Research analyst R. Department now anticipates that the textile maker will post earnings per share of $0.46 for the quarter, down from their previous forecast of $0.69. The consensus estimate for Steven Madden's current full-year earnings is $2.66 per share. Zacks Research also issued estimates for Steven Madden's Q2 2025 earnings at $0.46 EPS, Q3 2025 earnings at $0.90 EPS, Q4 2025 earnings at $0.53 EPS, FY2025 earnings at $2.35 EPS, Q1 2026 earnings at $0.57 EPS, Q2 2026 earnings at $0.53 EPS, Q3 2026 earnings at $0.99 EPS, Q4 2026 earnings at $0.55 EPS and FY2026 earnings at $2.64 EPS.

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

Several other research firms have also weighed in on SHOO. Piper Sandler lowered their target price on Steven Madden from $45.00 to $40.00 and set a "neutral" rating on the stock in a report on Tuesday, February 4th. Telsey Advisory Group cut their price target on Steven Madden from $44.00 to $38.00 and set a "market perform" rating for the company in a report on Thursday, February 27th. Needham & Company LLC reaffirmed a "hold" rating on shares of Steven Madden in a research note on Thursday, February 27th. StockNews.com lowered Steven Madden from a "buy" rating to a "hold" rating in a research report on Tuesday, January 14th. Finally, Loop Capital reduced their price target on shares of Steven Madden from $40.00 to $35.00 and set a "hold" rating on the stock in a research report on Thursday, February 27th. Eight analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $40.33.

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Steven Madden Price Performance

Steven Madden stock traded down $0.27 during mid-day trading on Monday, reaching $27.10. The company had a trading volume of 1,429,689 shares, compared to its average volume of 763,051. The stock's 50-day simple moving average is $34.79 and its 200-day simple moving average is $41.35. The company has a market capitalization of $1.96 billion, a P/E ratio of 11.53 and a beta of 1.06. Steven Madden has a 1 year low of $24.56 and a 1 year high of $50.01.

Institutional Investors Weigh In On Steven Madden

A number of hedge funds have recently bought and sold shares of the business. Pacer Advisors Inc. acquired a new position in Steven Madden during the 4th quarter worth $72,795,000. First Trust Advisors LP lifted its position in shares of Steven Madden by 36.9% in the 4th quarter. First Trust Advisors LP now owns 2,002,228 shares of the textile maker's stock worth $85,135,000 after buying an additional 539,738 shares during the last quarter. FMR LLC boosted its holdings in shares of Steven Madden by 8,180.4% in the 3rd quarter. FMR LLC now owns 535,081 shares of the textile maker's stock valued at $26,214,000 after buying an additional 528,619 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Steven Madden during the 4th quarter valued at about $13,652,000. Finally, Weiss Asset Management LP acquired a new stake in Steven Madden during the third quarter worth about $12,558,000. Institutional investors and hedge funds own 99.88% of the company's stock.

Steven Madden Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Monday, March 10th were given a $0.21 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.84 dividend on an annualized basis and a yield of 3.10%. Steven Madden's payout ratio is currently 35.74%.

Steven Madden Company Profile

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.