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NASDAQ:SHOO

Steven Madden (SHOO) Stock Price, News & Analysis

Steven Madden logo
$41.59 -0.94 (-2.21%)
(As of 11/20/2024 ET)

About Steven Madden Stock (NASDAQ:SHOO)

Key Stats

Today's Range
$41.41
$42.33
50-Day Range
$41.59
$49.70
52-Week Range
$36.55
$50.01
Volume
774,844 shs
Average Volume
710,087 shs
Market Capitalization
$3.00 billion
P/E Ratio
17.70
Dividend Yield
2.02%
Price Target
$45.43
Consensus Rating
Hold

Company Overview

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. The Wholesale Accessories/Apparel segment offers handbags, apparel, small leather goods, belts, soft accessories, fashion scarves, wraps, gifting, and other accessories under the Steve Madden, Anne Klein, Betsey Johnson, and Dolce Vita brands. The Direct-to-Consumer segment operates Steve Madden and Dolce Vita full-price retail stores, Steve Madden outlet stores and concessions, and digital e-commerce websites. The Licensing segment engages in the licensing of the Steve Madden and Betsey Johnson trademarks for the sale of select apparel, accessory, home categories, and other non-core products. In addition, the company distributes its products in the wholesale channel through department stores, mass merchants, off-price retailers, shoe chains, online retailers, national chains, specialty retailers, independent stores, and clubs. Further, it markets its products and services through digital brand marketing, social media and influencer marketing, experiential events, in-store and online promotions, and public relations. The company was incorporated in 1990 and is headquartered in Long Island City, New York.

Steven Madden Stock Analysis - MarketRank™

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74th Percentile Overall Score

SHOO MarketRank™: 

Steven Madden scored higher than 74% of companies evaluated by MarketBeat, and ranked 108th out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Steven Madden has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 1 buy rating, 6 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Steven Madden has only been the subject of 3 research reports in the past 90 days.

  • Read more about Steven Madden's stock forecast and price target.
  • Earnings Growth

    Earnings for Steven Madden are expected to grow by 11.70% in the coming year, from $2.65 to $2.96 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Steven Madden is 17.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.16.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Steven Madden is 17.70, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.99.

  • Price to Book Value per Share Ratio

    Steven Madden has a P/B Ratio of 3.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Steven Madden's valuation and earnings.
  • Percentage of Shares Shorted

    4.00% of the float of Steven Madden has been sold short.
  • Short Interest Ratio / Days to Cover

    Steven Madden has a short interest ratio ("days to cover") of 4.3.
  • Change versus previous month

    Short interest in Steven Madden has recently decreased by 11.90%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Steven Madden pays a meaningful dividend of 1.96%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Steven Madden does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Steven Madden is 35.74%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Steven Madden will have a dividend payout ratio of 28.38% next year. This indicates that Steven Madden will be able to sustain or increase its dividend.

  • Read more about Steven Madden's dividend.
  • Percentage of Shares Shorted

    4.00% of the float of Steven Madden has been sold short.
  • Short Interest Ratio / Days to Cover

    Steven Madden has a short interest ratio ("days to cover") of 4.3.
  • Change versus previous month

    Short interest in Steven Madden has recently decreased by 11.90%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Steven Madden has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Steven Madden this week, compared to 5 articles on an average week.
  • MarketBeat Follows

    Only 1 people have added Steven Madden to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Steven Madden insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 2.08% of the stock of Steven Madden is held by insiders.

  • Percentage Held by Institutions

    99.88% of the stock of Steven Madden is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Steven Madden's insider trading history.
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SHOO Stock News Headlines

Steven Madden (NASDAQ:SHOO) Rating Increased to Buy at StockNews.com
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Steven Madden (NASDAQ:SHOO) Cut to Hold at StockNews.com
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SHOO Stock Analysis - Frequently Asked Questions

Steven Madden's stock was trading at $42.00 at the beginning of the year. Since then, SHOO stock has decreased by 1.0% and is now trading at $41.59.
View the best growth stocks for 2024 here
.

Steven Madden, Ltd. (NASDAQ:SHOO) issued its earnings results on Thursday, November, 7th. The textile maker reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.02. The business's revenue for the quarter was up 13.0% compared to the same quarter last year.

Steven Madden's stock split before market open on Friday, October 12th 2018. The 3-2 split was announced on Monday, September 17th 2018. The newly issued shares were payable to shareholders after the closing bell on Thursday, October 11th 2018. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

Top institutional investors of Steven Madden include Wellington Management Group LLP (6.58%), State Street Corp (3.82%), Geode Capital Management LLC (2.37%) and Allspring Global Investments Holdings LLC (1.58%). Insiders that own company stock include Edward R Rosenfeld, Karla Frieders, Zine Mazouzi, Rose Peabody Lynch, Lisa Keith, Peter Migliorini, Robert Garrett Smith and Peter Allan Davis.
View institutional ownership trends
.

Shares of SHOO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Steven Madden investors own include Tesla (TSLA), Meta Platforms (META), Advanced Micro Devices (AMD), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Home Depot (HD) and Netflix (NFLX).

Company Calendar

Ex-Dividend for 9/23 Dividend
9/13/2024
Dividend Payable
9/23/2024
Last Earnings
11/07/2024
Today
11/20/2024
Ex-Dividend for 12/27 Dividend
12/13/2024
Dividend Payable
12/27/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/26/2025

Industry, Sector and Symbol

Industry
Footwear, except rubber
Sub-Industry
Footwear
Current Symbol
NASDAQ:SHOO
CUSIP
55626910
Employees
4,200
Year Founded
1990

Price Target and Rating

Average Stock Price Target
$45.43
High Stock Price Target
$53.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+9.4%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
$171.55 million
Pretax Margin
10.09%

Debt

Sales & Book Value

Annual Sales
$1.97 billion
Cash Flow
$2.64 per share
Book Value
$11.37 per share

Miscellaneous

Free Float
70,689,000
Market Cap
$3.00 billion
Optionable
Optionable
Beta
1.08

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This page (NASDAQ:SHOO) was last updated on 11/21/2024 by MarketBeat.com Staff
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