Telsey Advisory Group Boosts Steven Madden (NASDAQ:SHOO) Price Target to $55.00

Steven Madden (NASDAQ:SHOO) had its target price raised by equities researchers at Telsey Advisory Group from $50.00 to $55.00 in a research note issued to investors on Friday. The brokerage presently has an “outperform” rating on the textile maker’s stock. Telsey Advisory Group’s price target would indicate a potential upside of 14.99% from the stock’s previous close.

A number of other research analysts have also recently commented on SHOO. Wall Street Zen upgraded Steven Madden from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. BTIG Research reiterated a “buy” rating and issued a $50.00 target price on shares of Steven Madden in a research note on Monday. Needham & Company LLC raised their target price on Steven Madden from $45.00 to $52.00 and gave the company a “buy” rating in a report on Friday, June 12th. Weiss Ratings restated a “hold (c)” rating on shares of Steven Madden in a report on Friday, July 17th. Finally, Zacks Research raised shares of Steven Madden from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $47.50.

Steven Madden Stock Up 10.2%

Shares of NASDAQ:SHOO opened at $47.83 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.42 and a current ratio of 2.23. Steven Madden has a 1 year low of $23.15 and a 1 year high of $47.99. The stock has a market capitalization of $3.50 billion, a P/E ratio of 45.55 and a beta of 1.15. The stock has a 50-day simple moving average of $43.04 and a 200-day simple moving average of $39.92.

Steven Madden (NASDAQ:SHOO) last posted its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.44 EPS for the quarter, beating the consensus estimate of $0.33 by $0.11. The firm had revenue of $665.87 million for the quarter, compared to analyst estimates of $635.39 million. Steven Madden had a net margin of 2.89% and a return on equity of 12.29%. Steven Madden’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.20 earnings per share. Steven Madden has set its FY 2026 guidance at 2.050-2.150 EPS. Equities analysts forecast that Steven Madden will post 2.11 earnings per share for the current year.

Insider Buying and Selling at Steven Madden

In other Steven Madden news, insider Christina Ciglar sold 5,147 shares of Steven Madden stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $44.74, for a total value of $230,276.78. Following the completion of the transaction, the insider owned 35,200 shares of the company’s stock, valued at $1,574,848. The trade was a 12.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Arian Simone Reed sold 648 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $39.97, for a total transaction of $25,900.56. Following the sale, the director owned 8,057 shares of the company’s stock, valued at approximately $322,038.29. The trade was a 7.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 6,270 shares of company stock worth $276,992 over the last 90 days. 2.21% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Steven Madden

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Handelsbanken Fonder AB lifted its holdings in shares of Steven Madden by 14.5% in the 2nd quarter. Handelsbanken Fonder AB now owns 25,203 shares of the textile maker’s stock worth $1,061,000 after purchasing an additional 3,200 shares during the last quarter. GAMMA Investing LLC boosted its stake in Steven Madden by 2.6% during the 2nd quarter. GAMMA Investing LLC now owns 9,984 shares of the textile maker’s stock valued at $420,000 after purchasing an additional 257 shares during the period. CX Institutional boosted its stake in Steven Madden by 2.0% during the 2nd quarter. CX Institutional now owns 67,571 shares of the textile maker’s stock valued at $2,845,000 after purchasing an additional 1,334 shares during the period. Empowered Funds LLC bought a new stake in shares of Steven Madden during the first quarter valued at approximately $275,000. Finally, Bank of America Corp DE boosted its position in shares of Steven Madden by 4.9% during the first quarter. Bank of America Corp DE now owns 751,627 shares of the textile maker’s stock worth $25,495,000 after buying an additional 35,259 shares during the period. 99.88% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Steven Madden

Here are the key news stories impacting Steven Madden this week:

• Positive Sentiment: Second-quarter adjusted EPS was $0.44, surpassing the $0.33 analyst consensus and more than doubling the $0.20 reported a year earlier. Revenue rose 19.1% year over year to $665.9 million, exceeding expectations of $635.4 million. Steven Madden Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Management updated fiscal 2026 guidance to EPS of $2.05–$2.15 and revenue of approximately $2.8 billion. Coverage described the outlook as an improvement following a strong quarterly rebound, supporting the view that demand and margins are recovering. Steve Madden boosts outlook amid strong quarterly rebound
• Positive Sentiment: Needham reaffirmed its Buy rating and $52 price target, indicating continued confidence in the company’s earnings recovery and margin performance. The broader analyst consensus is “Moderate Buy.” Steven Madden Buy Rating Reaffirmed
• Positive Sentiment: The company declared a quarterly dividend of $0.21 per share, equivalent to $0.84 annually and an indicated yield of about 1.8%, adding shareholder-return support.

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.