Key Points
- Director Mitchell Klipper sold 3,918 Steven Madden shares at an average price of $48.54, generating approximately $190,180 and reducing his ownership by 10.74% to 32,555 shares.
- Steven Madden reported stronger-than-expected quarterly results, with earnings of $0.44 per share versus a $0.33 consensus and revenue of $665.9 million, up 19.1% year over year. The company raised its 2026 outlook and analysts maintain a “Moderate Buy” consensus.
- The company declared a quarterly dividend of $0.21 per share, or $0.84 annualized, representing a yield of roughly 1.7%; however, the stock’s valuation has risen to about 25 times earnings following a strong rally.
Steven Madden, Ltd. (NASDAQ:SHOO - Get Free Report) Director Arian Simone Reed sold 1,250 shares of the business's stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $48.76, for a total transaction of $60,950.00. Following the completion of the sale, the director owned 8,196 shares in the company, valued at approximately $399,636.96. This trade represents a 13.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Arian Simone Reed also recently made the following trade(s):
- On Thursday, June 4th, Arian Simone Reed sold 475 shares of Steven Madden stock. The stock was sold at an average price of $43.82, for a total transaction of $20,814.50.
- On Wednesday, May 20th, Arian Simone Reed sold 648 shares of Steven Madden stock. The shares were sold at an average price of $39.97, for a total value of $25,900.56.
Steven Madden Stock Up 0.4%
NASDAQ:SHOO opened at $49.07 on Thursday. Steven Madden, Ltd. has a 52 week low of $24.50 and a 52 week high of $49.32. The stock's fifty day moving average is $43.47 and its two-hundred day moving average is $39.98. The stock has a market capitalization of $3.59 billion, a price-to-earnings ratio of 24.66 and a beta of 1.14. The company has a quick ratio of 1.13, a current ratio of 1.91 and a debt-to-equity ratio of 0.13.
Steven Madden (NASDAQ:SHOO - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The textile maker reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.11. Steven Madden had a return on equity of 13.85% and a net margin of 5.23%.The firm had revenue of $665.87 million for the quarter, compared to the consensus estimate of $635.39 million. During the same quarter in the previous year, the business earned $0.20 EPS. The company's quarterly revenue was up 19.1% compared to the same quarter last year. Steven Madden has set its FY 2026 guidance at 2.050-2.150 EPS. Research analysts anticipate that Steven Madden, Ltd. will post 2.14 EPS for the current year.
Steven Madden Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Friday, September 11th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Friday, September 11th. Steven Madden's dividend payout ratio (DPR) is currently 42.21%.
Key Headlines Impacting Steven Madden
Here are the key news stories impacting Steven Madden this week:
- Positive Sentiment: Management raised its 2026 revenue and earnings outlook following second-quarter results. Brand strength, direct-to-consumer growth and margin expansion are helping offset freight, tariff and other cost pressures. SHOO Raises 2026 Outlook as Brand Strength Offsets Rising Cost Risks
- Positive Sentiment: Recent quarterly results showed strong momentum: earnings per share came in at $0.44 versus a $0.33 consensus estimate, while revenue of $665.9 million exceeded expectations and increased 19.1% year over year. Is SHOO Worth Buying as Growth Accelerates but Valuation Stretches?
- Positive Sentiment: Analyst sentiment remains favorable, with a “Moderate Buy” consensus and recent price-target increases, including Telsey Advisory Group’s move to $55 from $50. Institutional ownership is also high, with hedge funds and other institutions holding approximately 99.9% of shares.
- Positive Sentiment: The company declared a quarterly dividend of $0.21 per share, equivalent to an annualized $0.84 payout and a yield of roughly 1.7%.
- Neutral Sentiment: SHOO’s one-month rally has lifted its valuation to about 25 times earnings, making continued upside increasingly dependent on sustained brand momentum and higher earnings estimates. Can SHOO’s Rally Continue as Growth Gains Steam?
- Negative Sentiment: Directors Mitchell S. Klipper, Arian Simone Reed and Al Ferrara sold shares worth approximately $190,000, $61,000 and $189,000, respectively, on August 4–5. These transactions reduced their individual holdings by about 11%–13% and may create a modest negative signal for investors.
Institutional Trading of Steven Madden
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Los Angeles Capital Management LLC acquired a new position in shares of Steven Madden in the 4th quarter valued at $30,000. Global Retirement Partners LLC raised its stake in Steven Madden by 1,064.3% during the 4th quarter. Global Retirement Partners LLC now owns 815 shares of the textile maker's stock worth $34,000 after acquiring an additional 745 shares in the last quarter. First Horizon Corp lifted its position in Steven Madden by 55.1% in the fourth quarter. First Horizon Corp now owns 892 shares of the textile maker's stock valued at $37,000 after acquiring an additional 317 shares during the last quarter. Farther Finance Advisors LLC lifted its position in Steven Madden by 79.4% in the fourth quarter. Farther Finance Advisors LLC now owns 983 shares of the textile maker's stock valued at $41,000 after acquiring an additional 435 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in Steven Madden in the fourth quarter valued at $43,000. Institutional investors and hedge funds own 99.88% of the company's stock.
Analysts Set New Price Targets
Several analysts have recently issued reports on the company. Williams Trading set a $56.00 price objective on Steven Madden in a research note on Monday. BTIG Research reissued a "buy" rating and set a $50.00 target price on shares of Steven Madden in a research note on Monday, July 27th. UBS Group restated a "neutral" rating and set a $45.00 price target (up from $40.00) on shares of Steven Madden in a report on Friday, July 31st. Needham & Company LLC increased their price target on Steven Madden from $45.00 to $52.00 and gave the company a "buy" rating in a research report on Friday, June 12th. Finally, Citigroup reiterated a "buy" rating and issued a $55.00 price objective (up from $45.00) on shares of Steven Madden in a research note on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Steven Madden presently has a consensus rating of "Moderate Buy" and an average target price of $49.75.
Read Our Latest Stock Report on Steven Madden
About Steven Madden
(
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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