Brokerages Set Steven Madden, Ltd. (NASDAQ:SHOO) PT at $45.12

Steven Madden, Ltd. (NASDAQ:SHOO) has been given a consensus rating of “Hold” by the nine research firms that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $49.75.

Several analysts have issued reports on SHOO shares. Piper Sandler set a $55.00 target price on shares of Steven Madden and gave the company an “overweight” rating in a research note on Wednesday. Citigroup reaffirmed a “buy” rating and issued a $55.00 target price (up from $45.00) on shares of Steven Madden in a research report on Friday, July 31st. BTIG Research reiterated a “buy” rating and set a $50.00 price target on shares of Steven Madden in a report on Monday, July 27th. Telsey Advisory Group upped their price target on Steven Madden from $50.00 to $55.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Finally, UBS Group reissued a “neutral” rating and issued a $45.00 price objective (up from $40.00) on shares of Steven Madden in a research note on Friday, July 31st.

Insider Activity at Steven Madden

In other Steven Madden news, Director Arian Simone Reed sold 1,250 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $48.76, for a total value of $60,950.00. Following the transaction, the director owned 8,196 shares in the company, valued at approximately $399,636.96. This represents a 13.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Al Ferrara sold 3,918 shares of Steven Madden stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $48.26, for a total transaction of $189,082.68. Following the sale, the director directly owned 26,197 shares of the company’s stock, valued at $1,264,267.22. This trade represents a 13.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 15,356 shares of company stock valued at $717,204 over the last ninety days. 2.21% of the stock is owned by company insiders.

Institutional Trading of Steven Madden

Several hedge funds and other institutional investors have recently modified their holdings of the company. Bank of New York Mellon Corp purchased a new position in Steven Madden in the second quarter valued at about $25,618,000. Handelsbanken Fonder AB raised its stake in shares of Steven Madden by 14.5% during the 2nd quarter. Handelsbanken Fonder AB now owns 25,203 shares of the textile maker’s stock worth $1,061,000 after purchasing an additional 3,200 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Steven Madden by 2.6% during the 2nd quarter. GAMMA Investing LLC now owns 9,984 shares of the textile maker’s stock valued at $420,000 after buying an additional 257 shares during the last quarter. CX Institutional lifted its holdings in shares of Steven Madden by 2.0% during the 2nd quarter. CX Institutional now owns 67,571 shares of the textile maker’s stock valued at $2,845,000 after buying an additional 1,334 shares during the last quarter. Finally, Empowered Funds LLC bought a new stake in shares of Steven Madden in the 1st quarter valued at approximately $275,000. 99.88% of the stock is currently owned by hedge funds and other institutional investors.

Steven Madden Price Performance

SHOO stock opened at $48.26 on Friday. Steven Madden has a one year low of $24.50 and a one year high of $49.70. The firm has a 50-day moving average of $43.57 and a two-hundred day moving average of $40.00. The firm has a market capitalization of $3.53 billion, a PE ratio of 24.25 and a beta of 1.14. The company has a current ratio of 1.91, a quick ratio of 1.13 and a debt-to-equity ratio of 0.13.

Steven Madden (NASDAQ:SHOO) last released its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.11. The business had revenue of $665.87 million for the quarter, compared to analyst estimates of $635.39 million. Steven Madden had a net margin of 5.23% and a return on equity of 13.85%. The firm’s revenue was up 19.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.20 earnings per share. Steven Madden has set its FY 2026 guidance at 2.050-2.150 EPS. On average, analysts forecast that Steven Madden will post 2.14 earnings per share for the current year.

Steven Madden Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Friday, September 11th will be issued a $0.21 dividend. The ex-dividend date is Friday, September 11th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.7%. Steven Madden’s dividend payout ratio is currently 42.21%.

Key Stories Impacting Steven Madden

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

• Positive Sentiment: Steven Madden raised its 2026 revenue and earnings outlook after reporting strong second-quarter results. Brand momentum, direct-to-consumer growth and margin expansion are helping offset freight, tariff and other cost pressures. SHOO Raises 2026 Outlook
• Positive Sentiment: Second-quarter EPS was $0.44, beating the $0.33 consensus estimate, while revenue rose 19.1% year over year to $665.9 million, above expectations of $635.4 million. The company guided to fiscal 2026 EPS of $2.05–$2.15. SHOO Earnings and Valuation Analysis
• Positive Sentiment: Analyst sentiment remains generally favorable, with a “Moderate Buy” consensus and several price-target increases, including targets of $55 from Telsey Advisory Group and Citigroup. The company also declared a quarterly dividend of $0.21 per share, or $0.84 annualized.
• Neutral Sentiment: Shares have rallied about 22.5% over the past month, lifting the valuation to roughly 24–25 times earnings. Continued gains may therefore require sustained brand growth and further upward earnings revisions. SHOO Rally and Valuation Analysis
• Negative Sentiment: Zacks Research downgraded SHOO from “strong buy” to “hold,” signaling that the recent rally and premium valuation may have reduced the stock’s near-term upside.
• Negative Sentiment: Directors Mitchell S. Klipper, Arian Simone Reed and Al Ferrara sold approximately $190,000, $61,000 and $189,000 of shares, respectively. The transactions reduced their individual holdings by roughly 11%–13% and may weigh on sentiment, although insider sales do not necessarily indicate deteriorating business fundamentals. SHOO Insider Trading Activity

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.