Steven Madden, Ltd. (NASDAQ:SHOO – Get Free Report) Director Mitchell Klipper sold 3,918 shares of Steven Madden stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $48.54, for a total transaction of $190,179.72. Following the transaction, the director directly owned 32,555 shares of the company’s stock, valued at approximately $1,580,219.70. This represents a 10.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Steven Madden Stock Performance
Shares of NASDAQ:SHOO opened at $48.26 on Friday. 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, Ltd. has a 12 month low of $24.50 and a 12 month high of $49.70. The company has a market capitalization of $3.53 billion, a price-to-earnings ratio of 24.25 and a beta of 1.14. The firm’s 50-day moving average is $43.57 and its 200 day moving average is $40.00.
Steven Madden (NASDAQ:SHOO – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The textile maker reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.11. Steven Madden had a net margin of 5.23% and a return on equity of 13.85%. The business had revenue of $665.87 million during the quarter, compared to the consensus estimate of $635.39 million. During the same quarter last year, the firm earned $0.20 earnings per share. The firm’s quarterly revenue was up 19.1% compared to the same quarter last year. Steven Madden has set its FY 2026 guidance at 2.050-2.150 EPS. Research analysts predict that Steven Madden, Ltd. will post 2.14 EPS for the current year.
Steven Madden Announces Dividend
Key Headlines 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
Analyst Upgrades and Downgrades
A number of analysts have weighed in on the company. Needham & Company LLC increased their target price on Steven Madden from $45.00 to $52.00 and gave the stock a “buy” rating in a research note on Friday, June 12th. Citigroup restated a “buy” rating and issued a $55.00 price target (up from $45.00) on shares of Steven Madden in a report on Friday, July 31st. Zacks Research downgraded shares of Steven Madden from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Wall Street Zen raised shares of Steven Madden from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Finally, Williams Trading set a $56.00 target price on shares of Steven Madden in a research note on Monday. Five research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Steven Madden presently has a consensus rating of “Hold” and a consensus price target of $49.75.
Read Our Latest Report on SHOO
Institutional Trading of Steven Madden
A number of hedge funds have recently added to or reduced their stakes in the business. Wellington Management Group LLP increased its position 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 valued at $115,613,000 after purchasing an additional 528,829 shares during the period. Invesco Ltd. lifted its position in shares of Steven Madden by 15.2% in the 4th quarter. Invesco Ltd. now owns 2,784,943 shares of the textile maker’s stock worth $115,965,000 after purchasing an additional 367,459 shares during the period. Dimensional Fund Advisors LP raised its stake in 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 buying an additional 41,947 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Steven Madden by 0.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,271,827 shares of the textile maker’s stock worth $52,959,000 after acquiring an additional 5,288 shares in the last quarter. Finally, Nuveen LLC raised its position in shares of Steven Madden by 7.7% in the 4th quarter. Nuveen LLC now owns 1,225,742 shares of the textile maker’s stock worth $51,040,000 after acquiring an additional 87,450 shares in the last quarter. 99.88% of the stock is owned by hedge funds and other institutional investors.
Steven Madden Company Profile
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.
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