Zacks Research Cuts Earnings Estimates for Steven Madden

Steven Madden, Ltd. (NASDAQ:SHOO) – Zacks Research lowered their Q1 2025 earnings estimates for Steven Madden in a report issued on Wednesday, March 19th. Zacks Research analyst R. Department now forecasts that the textile maker will post earnings of $0.46 per share for the quarter, down from their previous estimate of $0.69. The consensus estimate for Steven Madden’s current full-year earnings is $2.66 per share. Zacks Research also issued estimates for Steven Madden’s Q2 2025 earnings at $0.46 EPS, Q3 2025 earnings at $0.90 EPS, Q4 2025 earnings at $0.53 EPS, FY2025 earnings at $2.35 EPS, Q1 2026 earnings at $0.57 EPS, Q2 2026 earnings at $0.53 EPS, Q3 2026 earnings at $0.99 EPS, Q4 2026 earnings at $0.55 EPS and FY2026 earnings at $2.64 EPS.

A number of other research analysts also recently commented on the company. StockNews.com downgraded Steven Madden from a “buy” rating to a “hold” rating in a research report on Tuesday, January 14th. Needham & Company LLC reiterated a “hold” rating on shares of Steven Madden in a research report on Thursday, February 27th. Telsey Advisory Group dropped their price objective on shares of Steven Madden from $44.00 to $38.00 and set a “market perform” rating for the company in a research note on Thursday, February 27th. Piper Sandler decreased their target price on shares of Steven Madden from $45.00 to $40.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 4th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Steven Madden in a report on Monday, February 3rd. Eight investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, Steven Madden currently has a consensus rating of “Hold” and an average target price of $40.33.

Steven Madden Price Performance

NASDAQ SHOO opened at $27.26 on Monday. The stock has a market capitalization of $1.97 billion, a PE ratio of 11.60 and a beta of 1.06. The business has a 50 day simple moving average of $35.07 and a two-hundred day simple moving average of $41.44. Steven Madden has a 1-year low of $24.56 and a 1-year high of $50.01.

Steven Madden (NASDAQ:SHOO) last announced its quarterly earnings results on Wednesday, February 26th. The textile maker reported $0.55 EPS for the quarter, topping the consensus estimate of $0.53 by $0.02. The business had revenue of $582.32 million for the quarter, compared to analysts’ expectations of $550.37 million. Steven Madden had a net margin of 7.68% and a return on equity of 23.41%.

Steven Madden Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Monday, March 10th were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.84 annualized dividend and a yield of 3.08%. Steven Madden’s payout ratio is 35.74%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Pacer Advisors Inc. purchased a new position in Steven Madden during the 4th quarter valued at $72,795,000. First Trust Advisors LP lifted its position in shares of Steven Madden by 36.9% during the fourth quarter. First Trust Advisors LP now owns 2,002,228 shares of the textile maker’s stock worth $85,135,000 after purchasing an additional 539,738 shares during the last quarter. FMR LLC boosted its stake in shares of Steven Madden by 8,180.4% during the third quarter. FMR LLC now owns 535,081 shares of the textile maker’s stock valued at $26,214,000 after purchasing an additional 528,619 shares during the period. Raymond James Financial Inc. bought a new position in shares of Steven Madden in the fourth quarter worth about $13,652,000. Finally, Weiss Asset Management LP bought a new position in shares of Steven Madden in the third quarter worth about $12,558,000. Hedge funds and other institutional investors own 99.88% of the company’s stock.

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.