Telsey Advisory Group Comments on Steven Madden Q2 Earnings

Steven Madden, Ltd. (NASDAQ:SHOO) – Equities research analysts at Telsey Advisory Group lowered their Q2 2026 earnings per share (EPS) estimates for shares of Steven Madden in a research note issued to investors on Wednesday, June 4th. Telsey Advisory Group analyst D. Telsey now expects that the textile maker will earn $0.33 per share for the quarter, down from their previous forecast of $0.49. Telsey Advisory Group currently has a “Market Perform” rating and a $24.00 target price 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 Q3 2026 earnings at $0.65 EPS and FY2026 earnings at $2.00 EPS.

Several other research firms have also weighed in on SHOO. Needham & Company LLC restated a “hold” rating on shares of Steven Madden in a report on Friday, May 2nd. Piper Sandler decreased their price target on Steven Madden from $35.00 to $25.00 and set a “neutral” rating on the stock in a report on Friday, April 11th. UBS Group increased their price target on Steven Madden from $22.00 to $23.00 and gave the company a “neutral” rating in a report on Thursday, May 8th. Loop Capital decreased their price target on Steven Madden from $40.00 to $35.00 and set a “hold” rating on the stock in a report on Thursday, February 27th. Finally, Citigroup decreased their price target on Steven Madden from $35.00 to $23.00 and set a “neutral” rating on the stock in a report on Thursday, May 1st. Nine analysts have rated the stock with a hold rating, Based on data from MarketBeat, Steven Madden has a consensus rating of “Hold” and an average price target of $28.50.

Steven Madden Price Performance

Shares of SHOO opened at $25.96 on Monday. The stock has a market capitalization of $1.89 billion, a price-to-earnings ratio of 11.05 and a beta of 1.12. Steven Madden has a 1 year low of $19.05 and a 1 year high of $50.01. The business’s 50 day simple moving average is $23.06 and its 200-day simple moving average is $32.57.

Steven Madden (NASDAQ:SHOO) last issued its quarterly earnings data on Wednesday, May 7th. The textile maker reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.14. The business had revenue of $551.38 million for the quarter, compared to analysts’ expectations of $557.81 million. Steven Madden had a return on equity of 23.41% and a net margin of 7.68%. The company’s revenue for the quarter was up .2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.65 EPS.

Steven Madden Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Monday, June 9th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 3.24%. The ex-dividend date of this dividend is Monday, June 9th. Steven Madden’s dividend payout ratio (DPR) is presently 36.21%.

Hedge Funds Weigh In On Steven Madden

Several hedge funds have recently bought and sold shares of SHOO. Vest Financial LLC grew its position in Steven Madden by 79.3% in the 4th quarter. Vest Financial LLC now owns 56,423 shares of the textile maker’s stock valued at $2,399,000 after acquiring an additional 24,953 shares during the last quarter. Entropy Technologies LP bought a new position in Steven Madden in the 4th quarter valued at $716,000. New York State Teachers Retirement System grew its position in Steven Madden by 0.8% in the 4th quarter. New York State Teachers Retirement System now owns 79,672 shares of the textile maker’s stock valued at $3,388,000 after acquiring an additional 652 shares during the last quarter. Rhumbline Advisers grew its position in Steven Madden by 1.8% in the 4th quarter. Rhumbline Advisers now owns 203,223 shares of the textile maker’s stock valued at $8,641,000 after acquiring an additional 3,670 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D grew its position in Steven Madden by 12.4% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 49,357 shares of the textile maker’s stock valued at $2,099,000 after acquiring an additional 5,434 shares during the last quarter. Institutional investors 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.