Zacks Research Estimates Steven Madden FY2027 Earnings

Steven Madden, Ltd. (NASDAQ:SHOO - Free Report) - Analysts at Zacks Research issued their FY2027 earnings per share (EPS) estimates for Steven Madden in a research note issued to investors on Wednesday, March 19th. Zacks Research analyst R. Department forecasts that the textile maker will post earnings per share of $2.73 for the year. The consensus estimate for Steven Madden's current full-year earnings is $2.66 per share.

A number of other research firms also recently weighed in on SHOO. Piper Sandler dropped 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. Telsey Advisory Group dropped their price objective 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. Loop Capital reduced their target price on shares of Steven Madden from $40.00 to $35.00 and set a "hold" rating on the stock in a research note on Thursday, February 27th. Needham & Company LLC reissued a "hold" rating on shares of Steven Madden in a research note on Thursday, February 27th. Finally, Citigroup reduced their price objective on shares of Steven Madden from $38.00 to $35.00 and set a "neutral" rating on the stock in a research note on Thursday, February 27th. Eight research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, Steven Madden currently has a consensus rating of "Hold" and a consensus price target of $40.33.

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Steven Madden Stock Down 0.6 %

SHOO stock traded down $0.17 during trading on Friday, hitting $27.26. The company had a trading volume of 1,524,343 shares, compared to its average volume of 755,133. The stock has a market cap of $1.97 billion, a price-to-earnings ratio of 11.60 and a beta of 1.06. The firm has a 50-day moving average price of $35.07 and a 200-day moving average price of $41.44. Steven Madden has a 12 month low of $24.56 and a 12 month high of $50.01.

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

Steven Madden Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were given a dividend of $0.21 per share. The ex-dividend date was Monday, March 10th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.08%. Steven Madden's dividend payout ratio is 35.74%.

Institutional Trading of Steven Madden

A number of large investors have recently made changes to their positions in SHOO. R Squared Ltd acquired a new position in Steven Madden in the fourth quarter valued at about $55,000. Quarry LP grew its position in shares of Steven Madden by 403.6% in the 4th quarter. Quarry LP now owns 1,385 shares of the textile maker's stock valued at $59,000 after purchasing an additional 1,110 shares during the period. Blue Trust Inc. grew its position in shares of Steven Madden by 20.9% in the 4th quarter. Blue Trust Inc. now owns 1,958 shares of the textile maker's stock valued at $83,000 after purchasing an additional 339 shares during the period. KBC Group NV increased its stake in Steven Madden by 34.1% during the 3rd quarter. KBC Group NV now owns 2,208 shares of the textile maker's stock worth $108,000 after purchasing an additional 561 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in Steven Madden by 21.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,171 shares of the textile maker's stock worth $176,000 after buying an additional 741 shares during the period. Institutional investors 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.