Steven Madden (NASDAQ:SHOO) Posts Earnings Results

Steven Madden (NASDAQ:SHOO) issued its quarterly earnings results on Wednesday. The textile maker reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01), Zacks reports. Steven Madden had a return on equity of 18.32% and a net margin of 3.92%.The company’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.91 EPS. Steven Madden updated its Q4 2025 guidance to 0.410-0.460 EPS.

Steven Madden Stock Up 11.9%

Shares of SHOO stock traded up $3.92 on Wednesday, hitting $36.76. The company’s stock had a trading volume of 1,818,112 shares, compared to its average volume of 1,540,994. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.01 and a quick ratio of 1.13. The firm’s fifty day moving average price is $32.84 and its 200-day moving average price is $27.61. The stock has a market capitalization of $2.67 billion, a price-to-earnings ratio of 28.91 and a beta of 1.31. Steven Madden has a fifty-two week low of $19.05 and a fifty-two week high of $46.99.

Hedge Funds Weigh In On Steven Madden

Institutional investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC increased its stake in shares of Steven Madden by 86.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,045 shares of the textile maker’s stock worth $25,000 after purchasing an additional 485 shares during the period. Cetera Investment Advisers acquired a new position in shares of Steven Madden during the second quarter valued at about $204,000. Envestnet Asset Management Inc. acquired a new position in shares of Steven Madden during the third quarter valued at about $225,000. Tower Research Capital LLC TRC raised its position in shares of Steven Madden by 1,163.7% during the second quarter. Tower Research Capital LLC TRC now owns 9,756 shares of the textile maker’s stock valued at $234,000 after buying an additional 8,984 shares during the last quarter. Finally, EP Wealth Advisors LLC acquired a new position in shares of Steven Madden during the second quarter valued at about $249,000. 99.88% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on SHOO shares. Telsey Advisory Group reissued an “outperform” rating and issued a $43.00 price objective on shares of Steven Madden in a research report on Wednesday. Weiss Ratings restated a “hold (c)” rating on shares of Steven Madden in a research note on Wednesday, October 8th. Citigroup restated a “buy” rating and issued a $41.00 target price (up from $32.00) on shares of Steven Madden in a research note on Friday, October 17th. Needham & Company LLC reaffirmed a “hold” rating on shares of Steven Madden in a report on Wednesday, July 30th. Finally, UBS Group boosted their target price on Steven Madden from $23.00 to $26.00 and gave the stock a “neutral” rating in a report on Monday, July 28th. Four research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $37.50.

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.