Steven Madden (NASDAQ:SHOO) Reaches New 12-Month High – Time to Buy?

Steven Madden, Ltd. (NASDAQ:SHOO)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $49.15 and last traded at $48.86, with a volume of 1772108 shares traded. The stock had previously closed at $47.68.

Key Steven Madden News

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

• Positive Sentiment: Steven Madden raised its 2026 revenue and earnings outlook after reporting strong second-quarter results. Brand momentum, direct-to-consumer growth and margin expansion are helping offset freight, tariff and other cost pressures. SHOO Raises 2026 Outlook
• Positive Sentiment: Second-quarter EPS was $0.44, beating the $0.33 consensus estimate, while revenue rose 19.1% year over year to $665.9 million, above expectations of $635.4 million. The company guided to fiscal 2026 EPS of $2.05–$2.15. SHOO Earnings and Valuation Analysis
• Positive Sentiment: Analyst sentiment remains generally favorable, with a “Moderate Buy” consensus and several price-target increases, including targets of $55 from Telsey Advisory Group and Citigroup. The company also declared a quarterly dividend of $0.21 per share, or $0.84 annualized.
• Neutral Sentiment: Shares have rallied about 22.5% over the past month, lifting the valuation to roughly 24–25 times earnings. Continued gains may therefore require sustained brand growth and further upward earnings revisions. SHOO Rally and Valuation Analysis
• Negative Sentiment: Zacks Research downgraded SHOO from “strong buy” to “hold,” signaling that the recent rally and premium valuation may have reduced the stock’s near-term upside.
• Negative Sentiment: Directors Mitchell S. Klipper, Arian Simone Reed and Al Ferrara sold approximately $190,000, $61,000 and $189,000 of shares, respectively. The transactions reduced their individual holdings by roughly 11%–13% and may weigh on sentiment, although insider sales do not necessarily indicate deteriorating business fundamentals. SHOO Insider Trading Activity

Wall Street Analyst Weigh In

Several research firms have recently weighed in on SHOO. BTIG Research reaffirmed a “buy” rating and issued a $50.00 price objective on shares of Steven Madden in a research note on Monday, July 27th. Wall Street Zen raised shares of Steven Madden from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Piper Sandler set a $55.00 target price on shares of Steven Madden and gave the stock an “overweight” rating in a research report on Wednesday. Needham & Company LLC raised their price target on shares of Steven Madden from $45.00 to $52.00 and gave the company a “buy” rating in a report on Friday, June 12th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Steven Madden in a research report on Friday, July 17th. Five research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $49.75.

Steven Madden Stock Down 1.7%

The firm has a fifty day simple moving average of $43.57 and a 200-day simple moving average of $40.00. The company has a market capitalization of $3.53 billion, a PE ratio of 24.25 and a beta of 1.14. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.13 and a current ratio of 1.91.

Steven Madden (NASDAQ:SHOO) last released its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.11. The business had revenue of $665.87 million during 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 business’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.20 earnings per share. Steven Madden has set its FY 2026 guidance at 2.050-2.150 EPS. Equities research analysts anticipate that Steven Madden, Ltd. will post 2.14 EPS for the current fiscal year.

Steven Madden Announces Dividend

The business also recently announced 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 is 42.21%.

Insider Activity at Steven Madden

In other Steven Madden news, insider Christina Ciglar sold 5,147 shares of the stock in a transaction that occurred on Tuesday, June 9th. The stock was 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 of the company’s stock, valued at $1,574,848. This trade represents a 12.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Al Ferrara sold 3,918 shares of Steven Madden stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $48.26, for a total value of $189,082.68. Following the completion of the transaction, the director owned 26,197 shares of the company’s stock, valued at approximately $1,264,267.22. The trade was a 13.01% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 15,356 shares of company stock worth $717,204. 2.21% of the stock is currently owned by company insiders.

Institutional Trading of Steven Madden

Institutional investors have recently added to or reduced their stakes in the business. Scopus Asset Management L.P. acquired a new position in Steven Madden in the third quarter valued at approximately $36,451,000. Boston Partners acquired a new stake in shares of Steven Madden during the 3rd quarter worth approximately $33,319,000. Invesco Ltd. raised its position in shares of Steven Madden by 50.5% during the 2nd quarter. Invesco Ltd. now owns 2,426,926 shares of the textile maker’s stock worth $58,198,000 after purchasing an additional 814,318 shares during the period. Bank of New York Mellon Corp bought a new stake in shares of Steven Madden in the 2nd quarter worth approximately $25,618,000. Finally, Millennium Management LLC lifted its holdings in shares of Steven Madden by 1,170.4% in the 1st quarter. Millennium Management LLC now owns 617,049 shares of the textile maker’s stock worth $16,438,000 after purchasing an additional 568,477 shares during the last quarter. Institutional investors own 99.88% of the company’s stock.

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.