Steven Madden (NASDAQ:SHOO) Given New $55.00 Price Target at Telsey Advisory Group

Steven Madden (NASDAQ:SHOO) had its target price boosted by Telsey Advisory Group from $50.00 to $55.00 in a research report report published on Friday morning, MarketBeat Ratings reports. They currently have an outperform rating on the textile maker’s stock.

A number of other analysts have also weighed in on SHOO. Wall Street Zen upgraded shares of Steven Madden from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Needham & Company LLC increased their price target on Steven Madden from $45.00 to $52.00 and gave the company a “buy” rating in a research note on Friday, June 12th. Citigroup reissued a “buy” rating and set a $55.00 price objective (up from $45.00) on shares of Steven Madden in a report on Friday. Zacks Research upgraded Steven Madden from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 6th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $45.00 target price (up from $40.00) on shares of Steven Madden in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Steven Madden has an average rating of “Moderate Buy” and an average target price of $48.12.

Steven Madden Stock Down 3.7%

SHOO stock opened at $46.08 on Friday. The stock has a market capitalization of $3.37 billion, a P/E ratio of 23.16 and a beta of 1.15. The company has a current ratio of 1.91, a quick ratio of 1.42 and a debt-to-equity ratio of 0.13. Steven Madden has a 12 month low of $23.15 and a 12 month high of $48.76. The firm has a 50-day moving average price of $43.13 and a 200-day moving average price of $39.96.

Steven Madden (NASDAQ:SHOO) last posted its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.11. The company had revenue of $665.87 million for the quarter, compared to the consensus estimate of $635.39 million. Steven Madden had a net margin of 5.23% and a return on equity of 13.85%. The firm’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same period last year, the company posted $0.20 EPS. Steven Madden has set its FY 2026 guidance at 2.050-2.150 EPS. As a group, equities research analysts anticipate that Steven Madden will post 2.11 EPS for the current fiscal year.

Steven Madden Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Friday, September 11th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 1.8%. The ex-dividend date is Friday, September 11th. Steven Madden’s dividend payout ratio is 42.21%.

Insider Activity at Steven Madden

In other news, insider Christina Ciglar sold 5,147 shares of Steven Madden stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $44.74, for a total transaction of $230,276.78. Following the transaction, the insider owned 35,200 shares in the company, valued at approximately $1,574,848. The trade was a 12.76% 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. Also, Director Arian Simone Reed sold 648 shares of the stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $39.97, for a total value of $25,900.56. Following the completion of the sale, the director owned 8,057 shares of the company’s stock, valued at $322,038.29. The trade was a 7.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 6,270 shares of company stock valued at $276,992. Corporate insiders own 2.21% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Los Angeles Capital Management LLC acquired a new stake in shares of Steven Madden in the fourth quarter valued at about $30,000. Global Retirement Partners LLC raised its position in shares of Steven Madden by 1,064.3% during the fourth quarter. Global Retirement Partners LLC now owns 815 shares of the textile maker’s stock worth $34,000 after acquiring an additional 745 shares during the last quarter. First Horizon Corp raised its position in shares of Steven Madden by 55.1% during the fourth quarter. First Horizon Corp now owns 892 shares of the textile maker’s stock worth $37,000 after acquiring an additional 317 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in shares of Steven Madden by 79.4% in the fourth quarter. Farther Finance Advisors LLC now owns 983 shares of the textile maker’s stock worth $41,000 after acquiring an additional 435 shares during the period. Finally, Kestra Advisory Services LLC acquired a new position in shares of Steven Madden in the fourth quarter worth approximately $43,000. 99.88% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Steven Madden

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

• Positive Sentiment: Q2 results exceeded expectations: Adjusted EPS was $0.44, above the $0.33 analyst consensus and up from $0.20 a year earlier. Revenue rose 19.1% year over year to $665.9 million, beating estimates of approximately $635.4 million. Steven Madden Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Fiscal 2026 outlook was raised: Steven Madden increased its full-year revenue and adjusted EPS expectations following the quarterly rebound. Current EPS guidance is $2.05 to $2.15, with revenue guidance near $2.8 billion, supporting the view that demand and profitability are improving. SHOO Stock Jumps After Q2 Earnings Beat
• Positive Sentiment: Analyst sentiment improved: Telsey Advisory Group raised its price target from $50 to $55 and assigned an “Outperform” rating. Needham also reiterated its “Buy” rating with a $52 target, citing the earnings beat and margin recovery. Steven Madden Buy Rating Reaffirmed
• Neutral Sentiment: Brokerages collectively maintain a “Moderate Buy” recommendation, indicating generally favorable sentiment but not unanimous conviction.
• Neutral Sentiment: Steven Madden declared a quarterly dividend of $0.21 per share, payable September 24 to shareholders of record September 11. The dividend provides modest income support, with an indicated yield of about 1.8%.
• Negative Sentiment: The EPS guidance range has a midpoint of $2.10, slightly below the current analyst consensus of $2.12, which could limit upside if future results do not exceed expectations.

Steven Madden Company Profile

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.