Steven Madden (NASDAQ:SHOO) Issues Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Steven Madden (NASDAQ:SHOO) announced its quarterly earnings results on Wednesday. The textile maker reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.01), Zacks reports. The company had revenue of $667.88 million during the quarter, compared to analyst estimates of $697.89 million. Steven Madden had a net margin of 3.92% and a return on equity of 18.32%. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.91 earnings per share. Steven Madden updated its Q4 2025 guidance to 0.410-0.460 EPS.

Steven Madden Stock Performance

Shares of SHOO traded down $0.17 during mid-day trading on Friday, hitting $38.21. The stock had a trading volume of 1,314,979 shares, compared to its average volume of 1,554,694. Steven Madden has a fifty-two week low of $19.05 and a fifty-two week high of $46.76. The company has a quick ratio of 1.13, a current ratio of 2.01 and a debt-to-equity ratio of 0.33. The company has a market cap of $2.78 billion, a PE ratio of 30.09 and a beta of 1.31. The company’s fifty day simple moving average is $33.18 and its two-hundred day simple moving average is $27.75.

Steven Madden Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Monday, December 15th will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Monday, December 15th. Steven Madden’s dividend payout ratio (DPR) is currently 66.14%.

Hedge Funds Weigh In On Steven Madden

A number of hedge funds have recently added to or reduced their stakes in the business. AQR Capital Management LLC bought a new stake in Steven Madden during the first quarter valued at $752,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Steven Madden by 3.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,919 shares of the textile maker’s stock valued at $1,143,000 after buying an additional 1,437 shares during the period. Millennium Management LLC grew its position in shares of Steven Madden by 1,170.4% during the 1st quarter. Millennium Management LLC now owns 617,049 shares of the textile maker’s stock valued at $16,438,000 after buying an additional 568,477 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Steven Madden by 5.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 202,270 shares of the textile maker’s stock valued at $5,388,000 after buying an additional 10,603 shares during the last quarter. Finally, Jane Street Group LLC raised its stake in Steven Madden by 273.1% during the first quarter. Jane Street Group LLC now owns 157,492 shares of the textile maker’s stock worth $4,196,000 after acquiring an additional 115,284 shares during the period. Institutional investors and hedge funds own 99.88% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on SHOO. Needham & Company LLC reiterated a “hold” rating on shares of Steven Madden in a research note on Wednesday, July 30th. Piper Sandler increased their price objective on shares of Steven Madden from $40.00 to $50.00 and gave the company an “overweight” rating in a research report on Thursday. UBS Group boosted their target price on shares of Steven Madden from $26.00 to $43.00 and gave the stock a “neutral” rating in a research report on Thursday. Weiss Ratings restated a “hold (c)” rating on shares of Steven Madden in a research note on Wednesday, October 8th. Finally, BTIG Research raised their price target on shares of Steven Madden from $40.00 to $43.00 and gave the company a “buy” rating in a report on Wednesday. Four equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $42.83.

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.