Q1 EPS Estimates for Steven Madden Cut by Analyst

Steven Madden, Ltd. (NASDAQ:SHOO) – Research analysts at Telsey Advisory Group dropped their Q1 2025 earnings estimates for shares of Steven Madden in a report issued on Thursday, February 27th. Telsey Advisory Group analyst D. Telsey now anticipates that the textile maker will post earnings per share of $0.44 for the quarter, down from their prior forecast of $0.69. Telsey Advisory Group currently has a “Market Perform” rating and a $38.00 target price on the stock. The consensus estimate for Steven Madden’s current full-year earnings is $2.66 per share.

Steven Madden (NASDAQ:SHOO) last posted its earnings results on Wednesday, February 26th. The textile maker reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.02. Steven Madden had a return on equity of 23.41% and a net margin of 7.68%. The company had revenue of $582.32 million during the quarter, compared to analysts’ expectations of $550.37 million.

Several other brokerages have also weighed in on SHOO. Piper Sandler lowered their target price on shares of Steven Madden from $45.00 to $40.00 and set a “neutral” rating for the company in a research note on Tuesday, February 4th. Loop Capital lowered their price objective on shares of Steven Madden from $40.00 to $35.00 and set a “hold” rating for the company in a research report on Thursday, February 27th. StockNews.com downgraded shares of Steven Madden from a “buy” rating to a “hold” rating in a report on Tuesday, January 14th. Jefferies Financial Group restated a “hold” rating on shares of Steven Madden in a research note on Monday, February 3rd. Finally, Citigroup dropped their price objective on Steven Madden from $38.00 to $35.00 and set a “neutral” rating for the company in a research note on Thursday, February 27th. Eight research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $40.33.

Steven Madden Trading Down 7.1 %

Shares of NASDAQ:SHOO opened at $30.45 on Monday. The company has a market capitalization of $2.20 billion, a price-to-earnings ratio of 12.96 and a beta of 1.07. Steven Madden has a 12-month low of $30.42 and a 12-month high of $50.01. The business has a 50-day moving average price of $39.83 and a 200 day moving average price of $43.41.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of SHOO. Central Pacific Bank Trust Division increased its holdings in Steven Madden by 7.4% during the 4th quarter. Central Pacific Bank Trust Division now owns 4,202 shares of the textile maker’s stock worth $179,000 after purchasing an additional 290 shares during the period. Mariner LLC grew its position in shares of Steven Madden by 7.2% during the fourth quarter. Mariner LLC now owns 4,740 shares of the textile maker’s stock worth $202,000 after buying an additional 319 shares in the last quarter. Moran Wealth Management LLC increased its stake in shares of Steven Madden by 1.6% during the fourth quarter. Moran Wealth Management LLC now owns 21,126 shares of the textile maker’s stock worth $898,000 after buying an additional 325 shares during the period. Blue Trust Inc. raised its holdings in Steven Madden by 20.9% in the fourth quarter. Blue Trust Inc. now owns 1,958 shares of the textile maker’s stock valued at $83,000 after acquiring an additional 339 shares in the last quarter. Finally, Tidal Investments LLC lifted its stake in Steven Madden by 2.4% in the fourth quarter. Tidal Investments LLC now owns 17,784 shares of the textile maker’s stock worth $756,000 after acquiring an additional 409 shares during the last quarter. 99.88% of the stock is currently owned by hedge funds and other institutional investors.

Steven Madden Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Monday, March 10th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date is Monday, March 10th. Steven Madden’s dividend payout ratio is currently 35.74%.

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.