Telsey Advisory Group Reaffirms Outperform Rating for Steven Madden (NASDAQ:SHOO)

Steven Madden (NASDAQ:SHOO)‘s stock had its “outperform” rating reaffirmed by investment analysts at Telsey Advisory Group in a research note issued on Thursday,Benzinga reports. They currently have a $50.00 target price on the textile maker’s stock. Telsey Advisory Group’s target price indicates a potential upside of 39.59% from the stock’s previous close.

SHOO has been the subject of several other reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Steven Madden in a report on Thursday, January 22nd. Needham & Company LLC decreased their target price on Steven Madden from $50.00 to $41.00 and set a “buy” rating for the company in a research report on Wednesday. UBS Group reissued a “neutral” rating on shares of Steven Madden in a report on Monday. Zacks Research downgraded shares of Steven Madden from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 5th. Finally, BTIG Research reiterated a “buy” rating and issued a $50.00 target price on shares of Steven Madden in a research note on Thursday, February 19th. Five equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $42.38.

Steven Madden Stock Down 4.1%

SHOO stock opened at $35.82 on Thursday. The stock’s 50 day moving average is $42.07 and its 200-day moving average is $37.32. Steven Madden has a twelve month low of $19.05 and a twelve month high of $46.88. The firm has a market capitalization of $2.60 billion, a PE ratio of 45.34 and a beta of 1.11. The company has a quick ratio of 1.08, a current ratio of 1.91 and a debt-to-equity ratio of 0.33.

Steven Madden (NASDAQ:SHOO) last issued its quarterly earnings data on Wednesday, February 25th. The textile maker reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.02. The business had revenue of $753.70 million for the quarter, compared to analysts’ expectations of $758.53 million. Steven Madden had a return on equity of 14.28% and a net margin of 2.38%.The business’s revenue was up 29.6% on a year-over-year basis. During the same period last year, the business earned $0.55 EPS. Sell-side analysts expect that Steven Madden will post 2.66 EPS for the current fiscal year.

Institutional Investors Weigh In On Steven Madden

Several institutional investors have recently made changes to their positions in SHOO. EverSource Wealth Advisors LLC grew its position 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 valued at $25,000 after purchasing an additional 485 shares in the last quarter. Los Angeles Capital Management LLC bought a new position in Steven Madden in the 4th quarter worth about $30,000. SBI Securities Co. Ltd. purchased a new position in Steven Madden during the 3rd quarter valued at about $31,000. Global Retirement Partners LLC grew its holdings in Steven Madden by 1,064.3% during the 4th quarter. Global Retirement Partners LLC now owns 815 shares of the textile maker’s stock valued at $34,000 after buying an additional 745 shares in the last quarter. Finally, First Horizon Corp increased 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 valued at $37,000 after buying an additional 317 shares during the period. Hedge funds and other 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: Large short-covering — short interest fell ~24.2% in February to ~3.38M shares (short-interest ratio ~1.4 days), reducing near-term downward pressure from short sellers.
• Positive Sentiment: Quarterly dividend declared: $0.21/share (record Mar 11, payable Mar 20), implying a ~2.3% yield — adds income support for the stock.
• Positive Sentiment: Q4 results showed a beat on EPS (adjusted $0.48 vs. consensus $0.46) and revenue up ~29% YoY, driven by the Kurt Geiger acquisition — revenue strength helps the growth narrative. SHOO Q4 Earnings and Revenues Surpass Estimates
• Neutral Sentiment: FY2026 revenue outlook given at roughly $2.7B–$2.8B (in line with consensus), so top-line guidance isn’t a surprise but EPS guidance remained unclear in the release. Steve Madden Announces Fourth Quarter and Full-Year 2025 Results
• Negative Sentiment: Management withheld a profit forecast citing tariff uncertainty; that caution spooked investors despite the EPS beat and is cited as the main reason for the intraday weakness. Steven Madden Slides On Tariff Uncertainty Despite EPS Beat
• Negative Sentiment: Analyst action: Needham cut its price target from $50 to $41 (still a Buy), reducing perceived upside from prior estimates. Steven Madden Given New $41.00 Price Target at Needham
• Negative Sentiment: Profitability is under pressure — Q4 EPS of $0.48 is below last year’s $0.55 and trailing net margin was modest (~2.4%), so investors may be concerned about margin recovery even as revenue grows.

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.