Steven Madden (NASDAQ:SHOO) Stock Price Down 7.3% – What’s Next?

Steven Madden, Ltd. (NASDAQ:SHOO)’s stock price was down 7.3% during trading on Monday . The company traded as low as $37.52 and last traded at $36.96. Approximately 87,920 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 1,480,379 shares. The stock had previously closed at $39.89.

Steven Madden News Summary

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

• Positive Sentiment: Declared cash dividend of $0.21 per share (record Mar 11, pay Mar 20), implying a ~2.3% yield — supports income investors and can reduce selling pressure around the ex-dividend date. Read More.
• Positive Sentiment: Short interest fell sharply (~24% month-over-month to ~3.38M shares, ~4.8% of float), lowering potential short-squeeze risk and removing some near-term downward pressure on the stock. (internal short-interest report)
• Positive Sentiment: Small EPS beat: adjusted Q4 EPS $0.48 vs. consensus ~$0.46, showing the business can still deliver earnings upside despite pressures. Read More.
• Neutral Sentiment: Revenue rose ~29% y/y to ~$753.7M, largely driven by the Kurt Geiger acquisition — a growth datapoint that’s offset by margin and cost questions. Read More.
• Neutral Sentiment: Company provided FY2026 revenue range (~$2.7B–$2.8B) but offered limited/unclear EPS guidance, leaving the street to model margins and tariff impacts. Read More.
• Negative Sentiment: Management withheld a clear profit forecast and flagged tariff uncertainty as a material near-term headwind — that guidance ambiguity is a key reason the stock sold off despite the EPS beat. Read More.
• Negative Sentiment: Analyst reaction: Needham cut its price target from $50 to $41 (still a buy), signaling reduced upside expectations and prompting some re-rating by investors. Read More.
• Negative Sentiment: High intraday volume and broad-sector weak sentiment amplified the move lower as traders reacted to uncertainty around tariffs, margins and analyst revisions (market flow).

Analysts Set New Price Targets

A number of research analysts recently commented on SHOO shares. Piper Sandler increased their price target on shares of Steven Madden from $40.00 to $50.00 and gave the company an “overweight” rating in a report on Thursday, November 6th. Wall Street Zen upgraded Steven Madden from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. BTIG Research reiterated a “buy” rating and issued a $50.00 target price on shares of Steven Madden in a report on Thursday, February 19th. Telsey Advisory Group reissued an “outperform” rating and set a $50.00 target price on shares of Steven Madden in a research report on Thursday, February 19th. Finally, Jefferies Financial Group lowered Steven Madden from a “hold” rating to an “underperform” rating and set a $30.00 price target on the stock. in a report on Thursday, February 5th. Five investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Steven Madden has an average rating of “Hold” and an average price target of $42.38.

Steven Madden Price Performance

The stock has a 50 day moving average of $42.21 and a 200-day moving average of $37.33. The company has a current ratio of 1.91, a quick ratio of 1.08 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $2.60 billion, a P/E ratio of 45.34 and a beta of 1.11.

Steven Madden (NASDAQ:SHOO) last announced its quarterly earnings data on Wednesday, February 25th. The textile maker reported $0.48 EPS for the quarter, beating the consensus estimate of $0.46 by $0.02. Steven Madden had a return on equity of 14.28% and a net margin of 2.38%.The company had revenue of $753.70 million for the quarter, compared to the consensus estimate of $758.53 million. During the same quarter in the prior year, the company posted $0.55 EPS. Steven Madden’s quarterly revenue was up 29.6% on a year-over-year basis. On average, equities research analysts anticipate that Steven Madden, Ltd. will post 2.66 earnings per share for the current fiscal year.

Steven Madden Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Wednesday, March 11th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Wednesday, March 11th. Steven Madden’s dividend payout ratio is currently 106.33%.

Hedge Funds Weigh In On Steven Madden

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Steven Madden by 2.5% in the third quarter. Vanguard Group Inc. now owns 8,283,806 shares of the textile maker’s stock worth $277,342,000 after acquiring an additional 200,013 shares during the period. Wellington Management Group LLP lifted its position in shares of Steven Madden by 18.1% in the 3rd quarter. Wellington Management Group LLP now owns 3,453,208 shares of the textile maker’s stock worth $115,613,000 after purchasing an additional 528,829 shares during the period. Invesco Ltd. lifted its position in shares of Steven Madden by 15.2% in the 4th quarter. Invesco Ltd. now owns 2,784,943 shares of the textile maker’s stock worth $115,965,000 after purchasing an additional 367,459 shares during the period. Capital Research Global Investors boosted its stake in shares of Steven Madden by 14.0% during the third quarter. Capital Research Global Investors now owns 2,720,354 shares of the textile maker’s stock valued at $91,077,000 after purchasing an additional 334,058 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Steven Madden by 1.7% during the third quarter. Dimensional Fund Advisors LP now owns 2,450,539 shares of the textile maker’s stock valued at $82,046,000 after buying an additional 41,947 shares during the period. Hedge funds and other institutional investors own 99.88% of the company’s stock.

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.