Telsey Advisory Group Estimates Steven Madden Q1 Earnings

Steven Madden, Ltd. (NASDAQ:SHOO) – Telsey Advisory Group dropped their Q1 2025 earnings per share (EPS) estimates for Steven Madden in a research report issued to clients and investors on Thursday, February 27th. Telsey Advisory Group analyst D. Telsey now expects that the textile maker will post earnings per share of $0.44 for the quarter, down from their previous forecast of $0.69. Telsey Advisory Group has a “Market Perform” rating and a $38.00 price target on the stock. The consensus estimate for Steven Madden’s current full-year earnings is $2.66 per share.

A number of other equities analysts have also recently weighed in on SHOO. Citigroup reduced their price target on Steven Madden from $38.00 to $35.00 and set a “neutral” rating for the company in a report on Thursday, February 27th. Piper Sandler decreased their target price on Steven Madden from $45.00 to $40.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 4th. Loop Capital dropped their price target on shares of Steven Madden from $40.00 to $35.00 and set a “hold” rating on the stock in a research note on Thursday, February 27th. Jefferies Financial Group restated a “hold” rating on shares of Steven Madden in a research report on Monday, February 3rd. Finally, StockNews.com lowered shares of Steven Madden from a “buy” rating to a “hold” rating in a research report on Tuesday, January 14th. Eight investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $40.33.

Steven Madden Stock Performance

Shares of Steven Madden stock opened at $30.45 on Monday. Steven Madden has a fifty-two week low of $30.42 and a fifty-two week high of $50.01. The company has a market cap of $2.20 billion, a P/E ratio of 12.96 and a beta of 1.07. The firm has a 50-day simple moving average of $39.83 and a two-hundred day simple moving average of $43.41.

Steven Madden (NASDAQ:SHOO) last posted its earnings results on Wednesday, February 26th. The textile maker reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.02. Steven Madden had a net margin of 7.68% and a return on equity of 23.41%. The firm had revenue of $582.32 million during the quarter, compared to analyst estimates of $550.37 million.

Steven Madden Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Monday, March 10th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.76%. The ex-dividend date of this dividend is Monday, March 10th. Steven Madden’s dividend payout ratio is currently 35.74%.

Hedge Funds Weigh In On Steven Madden

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Gladius Capital Management LP purchased a new position in Steven Madden in the 3rd quarter worth approximately $36,000. R Squared Ltd acquired a new stake in shares of Steven Madden in the fourth quarter valued at approximately $55,000. Quarry LP lifted its position in Steven Madden by 403.6% during the fourth quarter. Quarry LP now owns 1,385 shares of the textile maker’s stock worth $59,000 after buying an additional 1,110 shares in the last quarter. International Assets Investment Management LLC boosted its stake in Steven Madden by 4,800.0% during the third quarter. International Assets Investment Management LLC now owns 1,911 shares of the textile maker’s stock worth $94,000 after buying an additional 1,872 shares during the last quarter. Finally, Blue Trust Inc. grew its holdings in 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 buying an additional 339 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.