Steven Madden (NASDAQ:SHOO) Issues FY 2025 Earnings Guidance

Steven Madden (NASDAQ:SHOO) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 2.300-2.400 for the period, compared to the consensus EPS estimate of 2.580. The company issued revenue guidance of $2.7 billion-$2.7 billion, compared to the consensus revenue estimate of $2.3 billion.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Telsey Advisory Group reiterated a “market perform” rating and set a $44.00 price target on shares of Steven Madden in a research report on Friday, February 14th. StockNews.com lowered shares of Steven Madden from a “buy” rating to a “hold” rating in a report on Tuesday, January 14th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Steven Madden in a report on Monday, February 3rd. Citigroup lowered their target price on Steven Madden from $45.00 to $38.00 and set a “neutral” rating for the company in a research note on Tuesday, February 4th. Finally, Piper Sandler decreased their price target on Steven Madden from $45.00 to $40.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. Seven investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $43.20.

Steven Madden Stock Down 8.2 %

NASDAQ SHOO traded down $3.11 on Wednesday, reaching $34.79. The company had a trading volume of 1,483,849 shares, compared to its average volume of 749,186. Steven Madden has a 52 week low of $34.56 and a 52 week high of $50.01. The stock’s 50 day moving average is $40.62 and its 200-day moving average is $43.70. The stock has a market cap of $2.51 billion, a price-to-earnings ratio of 14.80 and a beta of 1.07.

Steven Madden (NASDAQ:SHOO) last announced its quarterly earnings results on Wednesday, February 26th. The textile maker reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.02. Steven Madden had a net margin of 7.68% and a return on equity of 23.41%. As a group, analysts forecast that Steven Madden will post 2.66 EPS for the current year.

Steven Madden Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 2.41%. The ex-dividend date was Friday, December 13th. Steven Madden’s dividend payout ratio is 35.74%.

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.