Steven Madden (NASDAQ:SHOO) Releases FY 2025 Earnings Guidance

Steven Madden (NASDAQ:SHOO) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.300-2.400 for the period, compared to the consensus earnings per share estimate of 2.580. The company issued revenue guidance of $2.7 billion-$2.7 billion, compared to the consensus revenue estimate of $2.3 billion.

Analyst Ratings Changes

Several analysts have commented on the stock. StockNews.com downgraded shares of Steven Madden from a “buy” rating to a “hold” rating in a research report on Tuesday, January 14th. Needham & Company LLC reaffirmed a “hold” rating on shares of Steven Madden in a research report on Thursday. Piper Sandler decreased their price target on Steven Madden from $45.00 to $40.00 and set a “neutral” rating for the company in a research note on Tuesday, February 4th. Citigroup reduced their target price on Steven Madden from $45.00 to $38.00 and set a “neutral” rating for the company in a report on Tuesday, February 4th. Finally, Telsey Advisory Group lowered their price target on Steven Madden from $44.00 to $38.00 and set a “market perform” rating on the stock in a report on Thursday. Seven analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $42.00.

Steven Madden Stock Performance

NASDAQ SHOO opened at $34.84 on Thursday. The firm has a 50-day simple moving average of $40.46 and a 200 day simple moving average of $43.63. The stock has a market cap of $2.52 billion, a PE ratio of 14.83 and a beta of 1.07. Steven Madden has a twelve month low of $34.56 and a twelve month high of $50.01.

Steven Madden (NASDAQ:SHOO) last posted its quarterly earnings results on Wednesday, February 26th. The textile maker reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.02. The firm had revenue of $582.32 million for the quarter, compared to the consensus estimate of $550.37 million. Steven Madden had a net margin of 7.68% and a return on equity of 23.41%. Research analysts forecast that Steven Madden will post 2.66 earnings per share for the current fiscal year.

Steven Madden Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were given a dividend of $0.21 per share. The ex-dividend date was Friday, December 13th. This represents a $0.84 annualized dividend and a dividend yield of 2.41%. Steven Madden’s dividend payout ratio (DPR) is presently 35.74%.

About Steven Madden

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.