Steven Madden (NASDAQ:SHOO) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

Steven Madden, Ltd. (NASDAQ:SHOO)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $32.07 and traded as high as $43.19. Steven Madden shares last traded at $42.7950, with a volume of 371,496 shares trading hands.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Citigroup reaffirmed a “buy” rating and set a $41.00 target price (up previously from $32.00) on shares of Steven Madden in a report on Friday, October 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Steven Madden in a research note on Wednesday, October 8th. UBS Group reiterated a “neutral” rating and issued a $43.00 target price on shares of Steven Madden in a research note on Tuesday, December 9th. Zacks Research raised shares of Steven Madden from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. Finally, Wall Street Zen raised shares of Steven Madden from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $44.83.

Steven Madden Price Performance

The firm has a market capitalization of $3.11 billion, a PE ratio of 54.17 and a beta of 1.13. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.91 and a quick ratio of 1.08. The business’s 50 day moving average is $39.49 and its two-hundred day moving average is $32.07.

Steven Madden (NASDAQ:SHOO) last released its quarterly earnings results on Wednesday, November 5th. The textile maker reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). The company had revenue of $667.88 million during the quarter, compared to analysts’ expectations of $697.89 million. Steven Madden had a return on equity of 14.28% and a net margin of 2.38%.Steven Madden’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.91 EPS. Steven Madden has set its Q4 2025 guidance at 0.410-0.460 EPS. As a group, research analysts anticipate that Steven Madden, Ltd. will post 2.66 EPS for the current year.

Steven Madden Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Monday, December 15th will be given a dividend of $0.21 per share. The ex-dividend date is Monday, December 15th. This represents a $0.84 dividend on an annualized basis and a yield of 2.0%. Steven Madden’s dividend payout ratio (DPR) is presently 106.33%.

Hedge Funds Weigh In On Steven Madden

Several institutional investors have recently modified their holdings of SHOO. Creative Planning boosted its position in Steven Madden by 463.4% during the 2nd quarter. Creative Planning now owns 89,156 shares of the textile maker’s stock valued at $2,138,000 after buying an additional 73,331 shares during the period. American Century Companies Inc. raised its stake in shares of Steven Madden by 74.0% during the first quarter. American Century Companies Inc. now owns 130,079 shares of the textile maker’s stock valued at $3,465,000 after acquiring an additional 55,300 shares during the last quarter. State of Alaska Department of Revenue boosted its holdings in shares of Steven Madden by 8.1% during the second quarter. State of Alaska Department of Revenue now owns 43,248 shares of the textile maker’s stock worth $1,036,000 after purchasing an additional 3,247 shares during the period. Allspring Global Investments Holdings LLC grew its stake in shares of Steven Madden by 15.4% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,679,538 shares of the textile maker’s stock worth $42,324,000 after purchasing an additional 224,157 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in Steven Madden during the 2nd quarter valued at about $389,000. 99.88% of the stock is currently owned by institutional investors.

Steven Madden Company Profile

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.