Steven Madden (NASDAQ:SHOO) Releases 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.

Wall Street Analyst Weigh In

SHOO has been the subject of a number of analyst reports. Loop Capital lowered their price target on shares of Steven Madden from $40.00 to $35.00 and set a “hold” rating for the company in a report on Thursday. Needham & Company LLC restated a “hold” rating on shares of Steven Madden in a report on Thursday. Telsey Advisory Group dropped their price objective on shares of Steven Madden from $44.00 to $38.00 and set a “market perform” rating for the company in a research note on Thursday. Jefferies Financial Group reissued a “hold” rating on shares of Steven Madden in a research note on Monday, February 3rd. Finally, Citigroup decreased their price target on Steven Madden from $38.00 to $35.00 and set a “neutral” rating for the company in a research note on Thursday. Eight investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Steven Madden presently has a consensus rating of “Hold” and a consensus target price of $40.33.

Steven Madden Trading Up 0.7 %

Shares of Steven Madden stock opened at $33.47 on Friday. The stock’s fifty day moving average price is $40.27 and its 200-day moving average price is $43.56. The firm has a market cap of $2.42 billion, a P/E ratio of 14.31 and a beta of 1.07. Steven Madden has a 12 month low of $32.81 and a 12 month high of $50.01.

Steven Madden (NASDAQ:SHOO) last posted its earnings results on Wednesday, February 26th. The textile maker reported $0.55 EPS 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%. The business had revenue of $582.32 million for the quarter, compared to the consensus estimate of $550.37 million. Analysts forecast that Steven Madden will post 2.66 earnings per share for the current year.

Steven Madden Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Monday, March 10th will be issued a dividend of $0.21 per share. The ex-dividend date is Monday, March 10th. This represents a $0.84 dividend on an annualized basis and a yield of 2.51%. Steven Madden’s dividend payout ratio is currently 35.74%.

About Steven Madden

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.