Steven Madden’s (SHOO) Buy Rating Reiterated at BTIG Research

Steven Madden (NASDAQ:SHOO)‘s stock had its “buy” rating reissued by stock analysts at BTIG Research in a note issued to investors on Thursday,Benzinga reports. They presently have a $50.00 price objective on the textile maker’s stock. BTIG Research’s price objective would indicate a potential upside of 39.59% from the company’s current price.

Several other analysts have also weighed in on SHOO. Piper Sandler lifted their price objective on Steven Madden from $40.00 to $50.00 and gave the stock an “overweight” rating in a report on Thursday, November 6th. Needham & Company LLC decreased their price target on shares of Steven Madden from $50.00 to $41.00 and set a “buy” rating on the stock in a research note on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Steven Madden in a report on Thursday, January 22nd. Jefferies Financial Group cut shares of Steven Madden from a “hold” rating to an “underperform” rating and set a $30.00 target price on the stock. in a research note on Thursday, February 5th. Finally, UBS Group reissued a “neutral” rating on shares of Steven Madden in a research report on Monday. Five research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Steven Madden has an average rating of “Hold” and an average target price of $42.38.

Steven Madden Stock Performance

NASDAQ:SHOO opened at $35.82 on Thursday. The firm’s 50-day moving average is $42.07 and its 200-day moving average is $37.32. The company has a market cap of $2.60 billion, a price-to-earnings ratio of 45.34 and a beta of 1.11. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.08 and a current ratio of 1.91. Steven Madden has a 52-week low of $19.05 and a 52-week high of $46.88.

Steven Madden (NASDAQ:SHOO) last released its earnings results on Wednesday, February 25th. The textile maker reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. Steven Madden had a return on equity of 14.28% and a net margin of 2.38%.The business had revenue of $753.70 million for the quarter, compared to the consensus estimate of $758.53 million. During the same period last year, the business earned $0.55 earnings per share. The firm’s revenue for the quarter was up 29.6% compared to the same quarter last year. Equities research analysts anticipate that Steven Madden will post 2.66 earnings per share for the current year.

Institutional Trading of Steven Madden

Several hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Steven Madden by 2.5% in the third quarter. Vanguard Group Inc. now owns 8,283,806 shares of the textile maker’s stock valued at $277,342,000 after acquiring an additional 200,013 shares during the last quarter. Wellington Management Group LLP increased its holdings 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 in the last quarter. Invesco Ltd. raised its position in Steven Madden by 15.2% in the 4th quarter. Invesco Ltd. now owns 2,784,943 shares of the textile maker’s stock valued at $115,965,000 after purchasing an additional 367,459 shares during the last quarter. Capital Research Global Investors raised its position in Steven Madden by 14.0% in the 3rd quarter. Capital Research Global Investors now owns 2,720,354 shares of the textile maker’s stock valued at $91,077,000 after purchasing an additional 334,058 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted 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 purchasing an additional 41,947 shares in the last quarter. Institutional investors and hedge funds own 99.88% of the company’s stock.

Trending Headlines about Steven Madden

Here are the key news stories impacting Steven Madden this week:

• Positive Sentiment: Large short-covering — short interest fell ~24.2% in February to ~3.38M shares (short-interest ratio ~1.4 days), reducing near-term downward pressure from short sellers.
• Positive Sentiment: Quarterly dividend declared: $0.21/share (record Mar 11, payable Mar 20), implying a ~2.3% yield — adds income support for the stock.
• Positive Sentiment: Q4 results showed a beat on EPS (adjusted $0.48 vs. consensus $0.46) and revenue up ~29% YoY, driven by the Kurt Geiger acquisition — revenue strength helps the growth narrative. SHOO Q4 Earnings and Revenues Surpass Estimates
• Neutral Sentiment: FY2026 revenue outlook given at roughly $2.7B–$2.8B (in line with consensus), so top-line guidance isn’t a surprise but EPS guidance remained unclear in the release. Steve Madden Announces Fourth Quarter and Full-Year 2025 Results
• Negative Sentiment: Management withheld a profit forecast citing tariff uncertainty; that caution spooked investors despite the EPS beat and is cited as the main reason for the intraday weakness. Steven Madden Slides On Tariff Uncertainty Despite EPS Beat
• Negative Sentiment: Analyst action: Needham cut its price target from $50 to $41 (still a Buy), reducing perceived upside from prior estimates. Steven Madden Given New $41.00 Price Target at Needham
• Negative Sentiment: Profitability is under pressure — Q4 EPS of $0.48 is below last year’s $0.55 and trailing net margin was modest (~2.4%), so investors may be concerned about margin recovery even as revenue grows.

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.