Steven Madden, Ltd. (NASDAQ:SHOO – Free Report) – Equities research analysts at Telsey Advisory Group reduced their Q1 2025 earnings estimates for shares of Steven Madden in a research note issued to investors on Friday, February 14th. Telsey Advisory Group analyst D. Telsey now forecasts that the textile maker will earn $0.69 per share for the quarter, down from their previous forecast of $0.73. Telsey Advisory Group has a “Market Perform” rating and a $44.00 price objective on the stock. The consensus estimate for Steven Madden’s current full-year earnings is $2.66 per share. Telsey Advisory Group also issued estimates for Steven Madden’s Q2 2025 earnings at $0.62 EPS, Q3 2025 earnings at $0.99 EPS, Q4 2025 earnings at $0.59 EPS and FY2025 earnings at $2.89 EPS.
A number of other brokerages have also weighed in on SHOO. Piper Sandler decreased their target price on Steven Madden from $45.00 to $40.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. Citigroup decreased their price objective on shares of Steven Madden from $45.00 to $38.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 4th. StockNews.com lowered shares of Steven Madden from a “buy” rating to a “hold” rating in a research report on Tuesday, January 14th. Finally, Needham & Company LLC restated a “hold” rating on shares of Steven Madden in a research report on Thursday, February 13th. Seven equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, Steven Madden presently has a consensus rating of “Hold” and a consensus target price of $43.33.
Steven Madden Stock Performance
Steven Madden stock opened at $39.70 on Monday. The stock has a market cap of $2.87 billion, a P/E ratio of 16.89 and a beta of 1.07. Steven Madden has a fifty-two week low of $36.40 and a fifty-two week high of $50.01. The firm’s fifty day moving average price is $41.13 and its 200-day moving average price is $43.84.
Steven Madden Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were issued a $0.21 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.12%. Steven Madden’s payout ratio is 35.74%.
Hedge Funds Weigh In On Steven Madden
Institutional investors and hedge funds have recently made changes to their positions in the business. Gladius Capital Management LP purchased a new stake in shares of Steven Madden during the third quarter valued at approximately $36,000. Exchange Traded Concepts LLC purchased a new position in shares of Steven Madden in the third quarter valued at about $59,000. R Squared Ltd bought a new position in shares of Steven Madden during the fourth quarter valued at about $55,000. Quarry LP boosted its holdings in shares of Steven Madden by 403.6% during the fourth quarter. Quarry LP now owns 1,385 shares of the textile maker’s stock worth $59,000 after purchasing an additional 1,110 shares during the period. Finally, Blue Trust Inc. grew its stake in shares of Steven Madden by 94.1% in the third quarter. Blue Trust Inc. now owns 1,619 shares of the textile maker’s stock worth $79,000 after purchasing an additional 785 shares during the last quarter. 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.
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