Key Points
- Director Arian Simone Reed sold 648 shares of Steven Madden stock on May 20 at an average price of $39.97, totaling about $25,900. After the sale, Reed still held 8,057 shares, and the trade cut the position by 7.44%.
- Steven Madden reported better-than-expected quarterly results, with EPS of $0.45 versus estimates of $0.42 and revenue of $653.1 million versus expectations of $646.64 million. Revenue rose 18% year over year, and the company kept FY2026 EPS guidance at 2.00–2.10.
- The company also announced a quarterly dividend of $0.21 per share, payable June 19 to shareholders of record on June 8. That works out to an annualized yield of about 2.0%.
Steven Madden, Ltd. (NASDAQ:SHOO - Get Free Report) Director Arian Simone Reed sold 648 shares of the business's stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $39.97, for a total transaction of $25,900.56. Following the completion of the transaction, the director owned 8,057 shares in the company, valued at $322,038.29. This trade represents a 7.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Arian Simone Reed also recently made the following trade(s):
- On Thursday, March 12th, Arian Simone Reed sold 3,600 shares of Steven Madden stock. The stock was sold at an average price of $33.44, for a total transaction of $120,384.00.
Steven Madden Stock Up 2.1%
Shares of NASDAQ SHOO opened at $41.35 on Friday. The company has a market capitalization of $3.02 billion, a P/E ratio of 39.38 and a beta of 1.12. Steven Madden, Ltd. has a 52-week low of $22.26 and a 52-week high of $46.88. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.42 and a current ratio of 2.23. The company's 50 day moving average price is $36.57 and its 200-day moving average price is $39.31.
Steven Madden (NASDAQ:SHOO - Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The textile maker reported $0.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.42 by $0.03. The firm had revenue of $653.10 million for the quarter, compared to the consensus estimate of $646.64 million. Steven Madden had a net margin of 2.89% and a return on equity of 12.29%. The company's revenue for the quarter was up 18.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.60 EPS. Steven Madden has set its FY 2026 guidance at 2.000-2.100 EPS. Equities analysts forecast that Steven Madden, Ltd. will post 2.1 earnings per share for the current year.
Steven Madden Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Monday, June 8th will be paid a $0.21 dividend. The ex-dividend date is Monday, June 8th. This represents a $0.84 annualized dividend and a dividend yield of 2.0%. Steven Madden's payout ratio is currently 80.00%.
Institutional Trading of Steven Madden
Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Steven Madden by 2.5% in the 3rd quarter. Vanguard Group Inc. now owns 8,283,806 shares of the textile maker's stock worth $277,342,000 after acquiring an additional 200,013 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of Steven Madden by 18.1% in the 3rd quarter. Wellington Management Group LLP now owns 3,453,208 shares of the textile maker's stock worth $115,613,000 after acquiring an additional 528,829 shares in the last quarter. Invesco Ltd. grew its stake in shares of Steven Madden by 15.2% in the 4th quarter. Invesco Ltd. now owns 2,784,943 shares of the textile maker's stock worth $115,965,000 after acquiring an additional 367,459 shares in the last quarter. Capital Research Global Investors grew its stake in shares of 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 worth $91,077,000 after acquiring an additional 334,058 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Steven Madden by 1.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,450,539 shares of the textile maker's stock worth $82,046,000 after acquiring an additional 41,947 shares in the last quarter. Institutional investors own 99.88% of the company's stock.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on SHOO shares. Needham & Company LLC lifted their price objective on shares of Steven Madden from $41.00 to $42.00 and gave the company a "buy" rating in a research note on Monday, May 4th. UBS Group reiterated a "neutral" rating and issued a $40.00 price objective (up from $38.00) on shares of Steven Madden in a research note on Monday, April 27th. Telsey Advisory Group reiterated an "outperform" rating and issued a $50.00 price objective on shares of Steven Madden in a research note on Thursday, February 26th. Weiss Ratings reiterated a "hold (c)" rating on shares of Steven Madden in a research note on Tuesday, April 21st. Finally, BTIG Research reiterated a "buy" rating and issued a $50.00 price objective on shares of Steven Madden in a research note on Thursday, April 30th. Five equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Steven Madden currently has a consensus rating of "Hold" and a consensus price target of $43.88.
Read Our Latest Stock Report on SHOO
Steven Madden Company Profile
(
Get Free Report)
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.
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