Steven Madden (NASDAQ:SHOO) Shares Gap Down Following Analyst Downgrade

Steven Madden, Ltd. (NASDAQ:SHOO)’s stock price gapped down prior to trading on Wednesday after Needham & Company LLC lowered their price target on the stock from $50.00 to $41.00. The stock had previously closed at $37.36, but opened at $35.90. Needham & Company LLC currently has a buy rating on the stock. Steven Madden shares last traded at $35.6960, with a volume of 1,034,584 shares.

Several other research firms also recently commented on SHOO. Zacks Research downgraded Steven Madden from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th. Wall Street Zen raised shares of Steven Madden from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Steven Madden in a report on Thursday, January 22nd. Jefferies Financial Group cut shares of Steven Madden from a “hold” rating to an “underperform” rating and set a $30.00 target price on the stock. in a research note on Thursday, February 5th. Finally, Piper Sandler upped their target price on shares of Steven Madden from $40.00 to $50.00 and gave the stock an “overweight” rating in a report on Thursday, November 6th. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Steven Madden has an average rating of “Hold” and a consensus target price of $42.38.

Steven Madden News Summary

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

• Positive Sentiment: Q4 EPS beat — Adjusted EPS of $0.48 topped consensus (~$0.46), showing the company can deliver earnings despite pressures; that beat is a short‑term positive for investors focused on execution. Read More.
• Positive Sentiment: Revenue growth driven by acquisition — Q4 revenue rose ~29.6% year‑over‑year, largely from the Kurt Geiger acquisition, demonstrating top‑line expansion and brand diversification that can support future margin recovery. Read More.
• Neutral Sentiment: FY2026 revenue outlook roughly in line with consensus — Management provided a revenue range of about $2.7B–$2.8B, which is close to Street expectations and reduces surprise on top‑line guidance; however, details on EPS guidance were not clearly reaffirmed. Read More.
• Neutral Sentiment: Full earnings package and transcript available — Investors can review the earnings call transcript and filings for detail on margin drivers, FX, and cost pass‑through plans to assess longer‑term impact. Read More.
• Negative Sentiment: Management withheld profit (EPS) forecast due to tariff uncertainty — Management cited tariff-related cost pressures and would not give a clear profit outlook, which increases near‑term earnings uncertainty and likely pressured the stock. Read More.
• Negative Sentiment: Analyst price‑target cut — Needham lowered its price target from $50 to $41 (still a buy), signaling analysts see less upside near term because of margin/tariff risks; downward revisions can weigh on sentiment. Read More.
• Negative Sentiment: Revenue slightly below some estimates and EPS down vs. prior year — Q4 revenue (~$753.7M) missed one consensus (~$758.5M) and EPS ($0.48) is below last year’s $0.55, highlighting margin pressure even with acquisitive growth. Read More.

Institutional Trading of Steven Madden

Several hedge funds have recently bought and sold shares of SHOO. Scopus Asset Management L.P. bought a new stake in shares of Steven Madden in the third quarter worth about $36,451,000. Boston Partners bought a new position in Steven Madden during the third quarter valued at approximately $33,319,000. Invesco Ltd. grew its holdings in Steven Madden by 50.5% during the 2nd quarter. Invesco Ltd. now owns 2,426,926 shares of the textile maker’s stock valued at $58,198,000 after buying an additional 814,318 shares in the last quarter. Neumeier Poma Investment Counsel LLC grew its holdings in Steven Madden by 155.9% during the 3rd quarter. Neumeier Poma Investment Counsel LLC now owns 955,010 shares of the textile maker’s stock valued at $31,974,000 after buying an additional 581,745 shares in the last quarter. Finally, Millennium Management LLC increased its stake in Steven Madden by 1,170.4% in the 1st quarter. Millennium Management LLC now owns 617,049 shares of the textile maker’s stock worth $16,438,000 after acquiring an additional 568,477 shares during the last quarter. Hedge funds and other institutional investors own 99.88% of the company’s stock.

Steven Madden Stock Down 4.2%

The firm has a market capitalization of $2.60 billion, a PE ratio of 45.02 and a beta of 1.11. The company has a fifty day moving average price of $42.21 and a 200-day moving average price of $37.33. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.08 and a current ratio of 1.91.

Steven Madden (NASDAQ:SHOO) last posted its earnings results on Wednesday, February 25th. The textile maker reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. Steven Madden had a net margin of 2.38% and a return on equity of 14.28%. The firm had revenue of $753.70 million during the quarter, compared to analyst estimates of $758.53 million. During the same period last year, the firm posted $0.55 earnings per share. Steven Madden’s revenue for the quarter was up 29.6% compared to the same quarter last year. As a group, analysts expect that Steven Madden, Ltd. will post 2.66 earnings per share for the current year.

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.