Steven Madden (NASDAQ:SHOO) Releases Earnings Results, Beats Expectations By $0.02 EPS

Steven Madden (NASDAQ:SHOO) posted its quarterly earnings data on Wednesday. The textile maker reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.02, Zacks reports. Steven Madden had a return on equity of 23.41% and a net margin of 7.68%. Steven Madden updated its FY 2025 guidance to 2.300-2.400 EPS.

Steven Madden Stock Performance

NASDAQ:SHOO traded down $1.81 during mid-day trading on Wednesday, hitting $36.08. 216,465 shares of the company’s stock traded hands, compared to its average volume of 714,609. Steven Madden has a twelve month low of $35.50 and a twelve month high of $50.01. The company has a market capitalization of $2.60 billion, a P/E ratio of 15.36 and a beta of 1.07. The company has a fifty day moving average of $40.62 and a 200 day moving average of $43.70.

Steven Madden Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were paid a $0.21 dividend. The ex-dividend date was Friday, December 13th. This represents a $0.84 annualized dividend and a yield of 2.33%. Steven Madden’s dividend payout ratio (DPR) is 35.74%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Citigroup cut their price target on shares of Steven Madden from $45.00 to $38.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. StockNews.com cut Steven Madden from a “buy” rating to a “hold” rating in a research note on Tuesday, January 14th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $44.00 target price on shares of Steven Madden in a research report on Friday, February 14th. Needham & Company LLC reaffirmed a “hold” rating on shares of Steven Madden in a research note on Thursday, February 13th. Finally, Piper Sandler dropped their price objective on shares of Steven Madden from $45.00 to $40.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. Seven analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $43.20.

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.