Steven Madden (NASDAQ:SHOO) Updates FY 2026 Earnings Guidance

Steven Madden (NASDAQ:SHOO) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.050-2.150 for the period, compared to the consensus EPS estimate of 2.120. The company issued revenue guidance of $2.8 billion-$2.8 billion, compared to the consensus revenue estimate of $2.8 billion.

Steven Madden Stock Down 3.7%

Shares of SHOO opened at $46.08 on Friday. Steven Madden has a 52 week low of $23.15 and a 52 week high of $48.76. The company has a quick ratio of 1.42, a current ratio of 1.91 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $3.37 billion, a price-to-earnings ratio of 23.16 and a beta of 1.15. The stock’s 50-day moving average price is $43.13 and its 200-day moving average price is $39.96.

Steven Madden (NASDAQ:SHOO) last announced its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.11. Steven Madden had a return on equity of 13.85% and a net margin of 5.23%.The company had revenue of $665.87 million during the quarter, compared to analysts’ expectations of $635.39 million. During the same period last year, the business earned $0.20 earnings per share. Steven Madden’s quarterly revenue was up 19.1% on a year-over-year basis. Steven Madden has set its FY 2026 guidance at 2.050-2.150 EPS. On average, sell-side analysts predict that Steven Madden will post 2.11 EPS for the current year.

Steven Madden Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Friday, September 11th will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.8%. Steven Madden’s payout ratio is currently 42.21%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on SHOO shares. Piper Sandler reaffirmed an “overweight” rating and set a $50.00 price target on shares of Steven Madden in a research report on Friday. BTIG Research restated a “buy” rating and issued a $50.00 target price on shares of Steven Madden in a research report on Monday, July 27th. Needham & Company LLC upped their price target on Steven Madden from $45.00 to $52.00 and gave the company a “buy” rating in a research note on Friday, June 12th. Zacks Research upgraded Steven Madden from a “hold” rating to a “strong-buy” rating in a report on Monday, July 6th. Finally, Citigroup restated a “buy” rating and issued a $55.00 price objective (up from $45.00) on shares of Steven Madden in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Steven Madden has a consensus rating of “Moderate Buy” and an average price target of $48.12.

Insider Activity

In other Steven Madden news, insider Christina Ciglar sold 5,147 shares of the business’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $44.74, for a total transaction of $230,276.78. Following the sale, the insider directly owned 35,200 shares in the company, valued at $1,574,848. This represents a 12.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Arian Simone Reed sold 648 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $39.97, for a total transaction of $25,900.56. Following the sale, the director directly owned 8,057 shares in the company, valued at approximately $322,038.29. The trade was a 7.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 6,270 shares of company stock worth $276,992. 2.21% of the stock is owned by corporate insiders.

Steven Madden News Summary

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

• Positive Sentiment: Q2 results exceeded expectations: Adjusted EPS was $0.44, above the $0.33 analyst consensus and up from $0.20 a year earlier. Revenue rose 19.1% year over year to $665.9 million, beating estimates of approximately $635.4 million. Steven Madden Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Fiscal 2026 outlook was raised: Steven Madden increased its full-year revenue and adjusted EPS expectations following the quarterly rebound. Current EPS guidance is $2.05 to $2.15, with revenue guidance near $2.8 billion, supporting the view that demand and profitability are improving. SHOO Stock Jumps After Q2 Earnings Beat
• Positive Sentiment: Analyst sentiment improved: Telsey Advisory Group raised its price target from $50 to $55 and assigned an “Outperform” rating. Needham also reiterated its “Buy” rating with a $52 target, citing the earnings beat and margin recovery. Steven Madden Buy Rating Reaffirmed
• Neutral Sentiment: Brokerages collectively maintain a “Moderate Buy” recommendation, indicating generally favorable sentiment but not unanimous conviction.
• Neutral Sentiment: Steven Madden declared a quarterly dividend of $0.21 per share, payable September 24 to shareholders of record September 11. The dividend provides modest income support, with an indicated yield of about 1.8%.
• Negative Sentiment: The EPS guidance range has a midpoint of $2.10, slightly below the current analyst consensus of $2.12, which could limit upside if future results do not exceed expectations.

Institutional Investors Weigh In On Steven Madden

A number of hedge funds have recently bought and sold shares of SHOO. Scopus Asset Management L.P. acquired a new position in shares of Steven Madden during the third quarter worth about $36,451,000. Boston Partners purchased a new position in Steven Madden in the third quarter worth approximately $33,319,000. Invesco Ltd. lifted its stake in Steven Madden by 50.5% in the second quarter. Invesco Ltd. now owns 2,426,926 shares of the textile maker’s stock worth $58,198,000 after acquiring an additional 814,318 shares during the last quarter. Millennium Management LLC grew its holdings in Steven Madden by 1,170.4% during the 1st quarter. Millennium Management LLC now owns 617,049 shares of the textile maker’s stock worth $16,438,000 after acquiring an additional 568,477 shares in the last quarter. Finally, Wellington Management Group LLP increased 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 valued at $115,613,000 after purchasing an additional 528,829 shares during the last quarter. Institutional investors and hedge funds own 99.88% of the company’s stock.

About Steven Madden

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.