Steven Madden Q1 EPS Forecast Cut by Telsey Advisory Group

Steven Madden, Ltd. (NASDAQ:SHOO) – Research analysts at Telsey Advisory Group lowered their Q1 2025 earnings per share (EPS) estimates for shares of Steven Madden in a note issued to investors on Friday, February 14th. Telsey Advisory Group analyst D. Telsey now forecasts that the textile maker will post earnings per share of $0.69 for the quarter, down from their prior forecast of $0.73. Telsey Advisory Group has a “Market Perform” rating and a $44.00 price objective on the stock. The consensus estimate for Steven Madden’s current full-year earnings is $2.66 per share. Telsey Advisory Group also issued estimates for Steven Madden’s Q2 2025 earnings at $0.62 EPS, Q3 2025 earnings at $0.99 EPS, Q4 2025 earnings at $0.59 EPS and FY2025 earnings at $2.89 EPS.

A number of other research analysts also recently commented on SHOO. Citigroup reduced their target price on Steven Madden from $45.00 to $38.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. StockNews.com cut Steven Madden from a “buy” rating to a “hold” rating in a research note on Tuesday, January 14th. Needham & Company LLC reaffirmed a “hold” rating on shares of Steven Madden in a report on Thursday. Finally, Piper Sandler dropped their target price on shares of Steven Madden from $45.00 to $40.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. Seven research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, Steven Madden currently has a consensus rating of “Hold” and an average price target of $43.33.

Steven Madden Stock Performance

SHOO opened at $39.63 on Monday. Steven Madden has a 1-year low of $36.40 and a 1-year high of $50.01. The company has a 50-day moving average of $41.29 and a 200-day moving average of $43.88. The company has a market capitalization of $2.86 billion, a P/E ratio of 16.86 and a beta of 1.07.

Steven Madden Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date of this dividend was Friday, December 13th. Steven Madden’s payout ratio is 35.74%.

Hedge Funds Weigh In On Steven Madden

A number of hedge funds have recently modified their holdings of SHOO. Schonfeld Strategic Advisors LLC purchased a new position in shares of Steven Madden in the fourth quarter worth approximately $398,000. Lido Advisors LLC grew its position in Steven Madden by 39.5% during the 4th quarter. Lido Advisors LLC now owns 7,611 shares of the textile maker’s stock worth $324,000 after purchasing an additional 2,154 shares in the last quarter. Northern Trust Corp grew its position in Steven Madden by 9.7% during the 4th quarter. Northern Trust Corp now owns 810,263 shares of the textile maker’s stock worth $34,452,000 after purchasing an additional 71,816 shares in the last quarter. Tudor Investment Corp ET AL raised its stake in Steven Madden by 679.4% during the 4th quarter. Tudor Investment Corp ET AL now owns 85,106 shares of the textile maker’s stock valued at $3,619,000 after purchasing an additional 74,187 shares during the period. Finally, Quarry LP lifted its holdings in shares of Steven Madden by 403.6% in the fourth quarter. Quarry LP now owns 1,385 shares of the textile maker’s stock valued at $59,000 after purchasing an additional 1,110 shares in the last quarter. 99.88% of the stock is currently owned by institutional investors and hedge funds.

Steven Madden Company Profile

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.