Steven Madden, Ltd. (SHOO) to Issue Quarterly Dividend of $0.21 on December 26th

Steven Madden, Ltd. (NASDAQ:SHOO) announced a quarterly dividend on Wednesday, November 5th. Shareholders of record on Monday, December 15th will be given a dividend of 0.21 per share by the textile maker on Friday, December 26th. This represents a c) dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Monday, December 15th.

Steven Madden has increased its dividend by an average of 0.1%per year over the last three years. Steven Madden has a payout ratio of 42.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Steven Madden to earn $2.81 per share next year, which means the company should continue to be able to cover its $0.84 annual dividend with an expected future payout ratio of 29.9%.

Steven Madden Stock Performance

Shares of SHOO traded down $0.83 during mid-day trading on Friday, hitting $43.61. 1,209,851 shares of the company’s stock were exchanged, compared to its average volume of 879,499. Steven Madden has a 52 week low of $19.05 and a 52 week high of $44.99. The stock’s 50-day simple moving average is $37.85 and its 200-day simple moving average is $30.93. The firm has a market cap of $3.17 billion, a price-to-earnings ratio of 55.20 and a beta of 1.13. 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 results on Wednesday, November 5th. The textile maker reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.01). The company had revenue of $667.88 million during the quarter, compared to the consensus estimate of $697.89 million. Steven Madden had a net margin of 2.38% and a return on equity of 14.28%. The company’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.91 earnings per share. Steven Madden has set its Q4 2025 guidance at 0.410-0.460 EPS. On average, equities research analysts expect that Steven Madden will post 2.66 EPS for the current year.

Institutional Investors Weigh In On Steven Madden

Several hedge funds and other institutional investors have recently made changes to their positions in SHOO. Public Employees Retirement System of Ohio lifted its position in Steven Madden by 13.9% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 2,324 shares of the textile maker’s stock valued at $78,000 after acquiring an additional 283 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in shares of Steven Madden by 0.7% in the second quarter. Thrivent Financial for Lutherans now owns 53,404 shares of the textile maker’s stock worth $1,281,000 after purchasing an additional 378 shares during the last quarter. Amalgamated Bank lifted its holdings in shares of Steven Madden by 2.1% in the third quarter. Amalgamated Bank now owns 21,042 shares of the textile maker’s stock valued at $704,000 after purchasing an additional 440 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings 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. Finally, California State Teachers Retirement System boosted its position in shares of Steven Madden by 0.8% during the second quarter. California State Teachers Retirement System now owns 66,883 shares of the textile maker’s stock valued at $1,604,000 after buying an additional 502 shares during the last quarter. 99.88% of the stock is owned by institutional investors.

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.