Zacks Research Estimates Steven Madden FY2027 Earnings

Steven Madden, Ltd. (NASDAQ:SHOO) – Equities researchers at Zacks Research issued their FY2027 earnings per share (EPS) estimates for Steven Madden in a research note issued on Wednesday, March 19th. Zacks Research analyst R. Department anticipates that the textile maker will post earnings of $2.73 per share for the year. The consensus estimate for Steven Madden’s current full-year earnings is $2.66 per share.

Steven Madden (NASDAQ:SHOO) last issued its quarterly earnings results on Wednesday, February 26th. The textile maker reported $0.55 earnings per share (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 the consensus estimate of $550.37 million. Steven Madden had a net margin of 7.68% and a return on equity of 23.41%.

A number of other research analysts have also commented on the company. Telsey Advisory Group decreased their price objective on Steven Madden from $44.00 to $38.00 and set a “market perform” rating on the stock in a research report on Thursday, February 27th. Loop Capital decreased their price target on Steven Madden from $40.00 to $35.00 and set a “hold” rating on the stock in a report on Thursday, February 27th. Piper Sandler lowered their price objective on Steven Madden from $45.00 to $40.00 and set a “neutral” rating for the company in a research report on Tuesday, February 4th. StockNews.com downgraded shares of Steven Madden from a “buy” rating to a “hold” rating in a research report on Tuesday, January 14th. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of Steven Madden in a research report on Monday, February 3rd. Eight research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, Steven Madden has a consensus rating of “Hold” and an average price target of $40.33.

Steven Madden Price Performance

SHOO opened at $25.03 on Friday. The stock has a market capitalization of $1.81 billion, a P/E ratio of 10.65 and a beta of 1.06. The company’s 50 day simple moving average is $35.59 and its 200-day simple moving average is $41.71. Steven Madden has a one year low of $24.56 and a one year high of $50.01.

Steven Madden Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Monday, March 10th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 3.36%. The ex-dividend date was Monday, March 10th. Steven Madden’s payout ratio is presently 35.74%.

Hedge Funds Weigh In On Steven Madden

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. R Squared Ltd acquired a new stake in Steven Madden during the 4th quarter worth $55,000. Quarry LP lifted its holdings in shares of Steven Madden by 403.6% during the 4th 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. Blue Trust Inc. grew its position in shares of Steven Madden by 20.9% in the 4th quarter. Blue Trust Inc. now owns 1,958 shares of the textile maker’s stock valued at $83,000 after purchasing an additional 339 shares during the period. KBC Group NV increased its stake in Steven Madden by 34.1% during the 3rd quarter. KBC Group NV now owns 2,208 shares of the textile maker’s stock worth $108,000 after purchasing an additional 561 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in Steven Madden by 21.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,171 shares of the textile maker’s stock worth $176,000 after buying an additional 741 shares during the period. 99.88% of the stock is owned by institutional investors.

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.