Brokers Offer Predictions for Steven Madden FY2027 Earnings

Steven Madden, Ltd. (NASDAQ:SHOO) – Equities research analysts at Zacks Research issued their FY2027 earnings per share (EPS) estimates for shares of Steven Madden in a report issued on Wednesday, March 19th. Zacks Research analyst R. Department anticipates that the textile maker will earn $2.73 per share for the year. The consensus estimate for Steven Madden’s current full-year earnings is $2.66 per share.

A number of other equities analysts have also recently issued reports on SHOO. Piper Sandler lowered their target price on Steven Madden from $45.00 to $40.00 and set a “neutral” rating for the company in a report on Tuesday, February 4th. StockNews.com cut Steven Madden from a “buy” rating to a “hold” rating in a research note on Tuesday, January 14th. Loop Capital decreased their price target on Steven Madden from $40.00 to $35.00 and set a “hold” rating for the company in a research note on Thursday, February 27th. Telsey Advisory Group decreased their price target on Steven Madden from $44.00 to $38.00 and set a “market perform” rating for the company in a research note on Thursday, February 27th. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Steven Madden in a research note on Monday, February 3rd. Eight investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, Steven Madden currently has a consensus rating of “Hold” and an average price target of $40.33.

Steven Madden Stock Down 3.7 %

Shares of SHOO opened at $25.03 on Friday. Steven Madden has a 12-month low of $24.56 and a 12-month high of $50.01. The business has a 50-day simple moving average of $35.59 and a two-hundred day simple moving average of $41.69. The stock has a market cap of $1.81 billion, a PE ratio of 10.65 and a beta of 1.06.

Steven Madden (NASDAQ:SHOO) last announced its quarterly earnings data on Wednesday, February 26th. The textile maker reported $0.55 earnings per share 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 business had revenue of $582.32 million during the quarter, compared to the consensus estimate of $550.37 million.

Steven Madden Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Monday, March 10th were paid a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.84 annualized dividend and a yield of 3.36%. Steven Madden’s dividend payout ratio is currently 35.74%.

Institutional Investors Weigh In On Steven Madden

Several large investors have recently added to or reduced their stakes in SHOO. R Squared Ltd acquired a new stake in Steven Madden during the fourth quarter worth approximately $55,000. Quarry LP boosted its holdings in Steven Madden by 403.6% in the fourth quarter. Quarry LP now owns 1,385 shares of the textile maker’s stock worth $59,000 after acquiring an additional 1,110 shares in the last quarter. Blue Trust Inc. boosted 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 worth $83,000 after acquiring an additional 339 shares in the last quarter. KBC Group NV boosted its holdings in Steven Madden by 34.1% in the third quarter. KBC Group NV now owns 2,208 shares of the textile maker’s stock worth $108,000 after acquiring an additional 561 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in Steven Madden by 21.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,171 shares of the textile maker’s stock worth $176,000 after acquiring an additional 741 shares in the last quarter. Institutional investors and hedge funds own 99.88% of the company’s stock.

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.