Steven Madden’s (SHOO) “Outperform” Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group reaffirmed their outperform rating on shares of Steven Madden (NASDAQ:SHOO) in a research report released on Thursday,Benzinga reports. Telsey Advisory Group currently has a $50.00 target price on the textile maker’s stock.

Several other equities research analysts have also recently issued reports on SHOO. Zacks Research raised Steven Madden from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Steven Madden in a report on Thursday, January 22nd. Citigroup reissued a “buy” rating and set a $41.00 price objective (up from $32.00) on shares of Steven Madden in a research report on Friday, October 17th. UBS Group restated a “neutral” rating and issued a $43.00 price objective on shares of Steven Madden in a report on Tuesday, December 9th. Finally, Wall Street Zen raised shares of Steven Madden from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Five analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $43.63.

Steven Madden Stock Performance

NASDAQ:SHOO opened at $35.71 on Thursday. The company’s 50-day moving average is $43.41 and its two-hundred day moving average is $36.16. Steven Madden has a 1-year low of $19.05 and a 1-year high of $46.88. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.91 and a quick ratio of 1.08. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of 45.20 and a beta of 1.11.

Steven Madden (NASDAQ:SHOO) last announced its quarterly earnings results on Wednesday, November 5th. The textile maker reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). The firm had revenue of $667.88 million for the quarter, compared to analyst estimates of $697.89 million. Steven Madden had a return on equity of 14.28% and a net margin of 2.38%.The firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.91 EPS. Analysts forecast that Steven Madden will post 2.66 EPS for the current year.

Institutional Trading of Steven Madden

Hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in shares of Steven Madden by 2.5% in the third quarter. Vanguard Group Inc. now owns 8,283,806 shares of the textile maker’s stock valued at $277,342,000 after purchasing an additional 200,013 shares during the period. Wellington Management Group LLP lifted its holdings in Steven Madden by 18.1% during the 3rd quarter. Wellington Management Group LLP now owns 3,453,208 shares of the textile maker’s stock worth $115,613,000 after buying an additional 528,829 shares in the last quarter. Capital Research Global Investors boosted its position in Steven Madden by 14.0% in the 3rd quarter. Capital Research Global Investors now owns 2,720,354 shares of the textile maker’s stock valued at $91,077,000 after buying an additional 334,058 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Steven Madden by 1.7% in the third quarter. Dimensional Fund Advisors LP now owns 2,450,539 shares of the textile maker’s stock worth $82,046,000 after acquiring an additional 41,947 shares in the last quarter. Finally, Invesco Ltd. grew its stake in shares of Steven Madden by 50.5% in the second quarter. Invesco Ltd. now owns 2,426,926 shares of the textile maker’s stock worth $58,198,000 after acquiring an additional 814,318 shares in the last quarter. Institutional investors and hedge funds own 99.88% of the company’s stock.

Steven Madden News Summary

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

• Positive Sentiment: Multiple firms reaffirmed buy/outperform ratings and high price targets, supporting upside expectations — BTIG and Telsey each kept a $50 price target (~40% above current levels), and Needham issued a buy rating, all signaling continued analyst conviction in growth and margin recovery. Analyst Reaffirmations
• Positive Sentiment: Aggregated analyst data shows a consensus “Moderate Buy,” which can provide a baseline of support for the stock as investors weigh divergent views. Consensus Recommendation
• Neutral Sentiment: Wide analyst target dispersion (roughly $30 to $50) increases short-term volatility — bullish firms cite upside from pricing and brand strength, while bearish views focus on wholesale execution. This split means news flow and guidance will likely move the stock materially. Analyst Coverage Note
• Negative Sentiment: Jefferies downgraded SHOO from Hold to Underperform and cut its target to $30, pointing to near-term wholesale headwinds; that downgrade triggered heavy selling pressure and headlines about a sell-off. Jefferies Downgrade
• Negative Sentiment: Coverage in news outlets reports that large retail customers are reportedly rejecting price increases, which could pressure margins and wholesale revenue if retailers resist passing through higher costs. Those reports explain the sharp intraday weakness cited in market headlines. Wholesale Headwinds Coverage

About Steven Madden

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.