Steven Madden (NASDAQ:SHOO) Director Mitchell Klipper Sells 3,918 Shares

Steven Madden, Ltd. (NASDAQ:SHOO) Director Mitchell 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 transaction of $190,179.72. Following the completion of the sale, the director owned 32,555 shares of the company’s stock, valued at $1,580,219.70. This represents a 10.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Steven Madden Stock Up 0.4%

SHOO opened at $49.07 on Thursday. The stock has a market capitalization of $3.59 billion, a price-to-earnings ratio of 24.66 and a beta of 1.14. The firm has a 50 day moving average price of $43.47 and a 200-day moving average price of $39.98. Steven Madden, Ltd. has a twelve month low of $24.50 and a twelve month high of $49.32. The company has a quick ratio of 1.13, a current ratio of 1.91 and a debt-to-equity ratio of 0.13.

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

Steven Madden Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Friday, September 11th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Friday, September 11th. Steven Madden’s dividend payout ratio (DPR) is 42.21%.

Institutional Investors Weigh In On Steven Madden

Hedge funds have recently modified their holdings of the business. Handelsbanken Fonder AB increased its stake in shares of Steven Madden by 14.5% in the 2nd quarter. Handelsbanken Fonder AB now owns 25,203 shares of the textile maker’s stock worth $1,061,000 after purchasing an additional 3,200 shares in the last quarter. GAMMA Investing LLC lifted its position in Steven Madden by 2.6% during the second quarter. GAMMA Investing LLC now owns 9,984 shares of the textile maker’s stock valued at $420,000 after purchasing an additional 257 shares in the last quarter. CX Institutional lifted its position in Steven Madden by 2.0% during the second quarter. CX Institutional now owns 67,571 shares of the textile maker’s stock valued at $2,845,000 after purchasing an additional 1,334 shares in the last quarter. Empowered Funds LLC bought a new stake in Steven Madden during the first quarter valued at about $275,000. Finally, Bank of America Corp DE grew its holdings in Steven Madden by 4.9% during the first quarter. Bank of America Corp DE now owns 751,627 shares of the textile maker’s stock valued at $25,495,000 after purchasing an additional 35,259 shares during the period. Institutional investors own 99.88% of the company’s stock.

Key Steven Madden News

Here are the key news stories impacting Steven Madden this week:

• Positive Sentiment: Management raised its 2026 revenue and earnings outlook following second-quarter results. Brand strength, direct-to-consumer growth and margin expansion are helping offset freight, tariff and other cost pressures. SHOO Raises 2026 Outlook as Brand Strength Offsets Rising Cost Risks
• Positive Sentiment: Recent quarterly results showed strong momentum: earnings per share came in at $0.44 versus a $0.33 consensus estimate, while revenue of $665.9 million exceeded expectations and increased 19.1% year over year. Is SHOO Worth Buying as Growth Accelerates but Valuation Stretches?
• Positive Sentiment: Analyst sentiment remains favorable, with a “Moderate Buy” consensus and recent price-target increases, including Telsey Advisory Group’s move to $55 from $50. Institutional ownership is also high, with hedge funds and other institutions holding approximately 99.9% of shares.
• Positive Sentiment: The company declared a quarterly dividend of $0.21 per share, equivalent to an annualized $0.84 payout and a yield of roughly 1.7%.
• Neutral Sentiment: SHOO’s one-month rally has lifted its valuation to about 25 times earnings, making continued upside increasingly dependent on sustained brand momentum and higher earnings estimates. Can SHOO’s Rally Continue as Growth Gains Steam?
• Negative Sentiment: Directors Mitchell S. Klipper, Arian Simone Reed and Al Ferrara sold shares worth approximately $190,000, $61,000 and $189,000, respectively, on August 4–5. These transactions reduced their individual holdings by about 11%–13% and may create a modest negative signal for investors.

Analyst Upgrades and Downgrades

SHOO has been the subject of a number of research reports. Needham & Company LLC upped their price objective on Steven Madden from $45.00 to $52.00 and gave the company a “buy” rating in a research report on Friday, June 12th. UBS Group reissued a “neutral” rating and issued a $45.00 target price (up from $40.00) on shares of Steven Madden in a research report on Friday, July 31st. BTIG Research restated a “buy” rating and set a $50.00 price target on shares of Steven Madden in a research note on Monday, July 27th. Piper Sandler set a $55.00 price target on shares of Steven Madden and gave the company an “overweight” rating in a research report on Wednesday. Finally, Wall Street Zen upgraded shares of Steven Madden from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $49.75.

About Steven Madden

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.