Zacks Research Lifts Earnings Estimates for Steven Madden

Steven Madden, Ltd. (NASDAQ:SHOO) – Equities research analysts at Zacks Research boosted their Q3 2026 earnings per share estimates for shares of Steven Madden in a report released on Thursday, August 20th. Zacks Research analyst Team now forecasts that the textile maker will earn $0.60 per share for the quarter, up from their previous estimate of $0.59. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Steven Madden’s current full-year earnings is $2.14 per share. Zacks Research also issued estimates for Steven Madden’s Q4 2026 earnings at $0.61 EPS, FY2026 earnings at $2.10 EPS, Q1 2027 earnings at $0.59 EPS, Q2 2027 earnings at $0.46 EPS, Q3 2027 earnings at $0.81 EPS, Q4 2027 earnings at $0.75 EPS, FY2027 earnings at $2.61 EPS, Q1 2028 earnings at $0.49 EPS and Q2 2028 earnings at $0.41 EPS.

SHOO has been the topic of a number of other research reports. Wall Street Zen upgraded Steven Madden from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 8th. UBS Group reiterated a “neutral” rating and set a $45.00 price target (up from $40.00) on shares of Steven Madden in a research report on Friday, July 31st. BTIG Research reissued a “buy” rating and issued a $50.00 price objective on shares of Steven Madden in a research note on Monday, July 27th. Telsey Advisory Group raised their price objective on Steven Madden from $50.00 to $55.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Finally, Citigroup reaffirmed a “buy” rating and set a $55.00 target price (up from $45.00) on shares of Steven Madden in a research note on Friday, July 31st. Five analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $49.75.

Steven Madden Price Performance

NASDAQ:SHOO opened at $45.71 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.91 and a debt-to-equity ratio of 0.13. Steven Madden has a 52 week low of $26.05 and a 52 week high of $49.70. The stock’s 50-day moving average price is $44.19 and its 200-day moving average price is $40.19. The stock has a market capitalization of $3.35 billion, a PE ratio of 22.97 and a beta of 1.14.

Steven Madden (NASDAQ:SHOO) last posted its earnings results on Thursday, July 30th. The textile maker reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.11. Steven Madden had a net margin of 5.23% and a return on equity of 13.85%. The firm had revenue of $665.87 million during the quarter, compared to analysts’ expectations of $635.39 million. During the same period in the previous year, the business posted $0.20 EPS. The business’s revenue was up 19.1% compared to the same quarter last year. Steven Madden has set its FY 2026 guidance at 2.050-2.150 EPS.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC boosted its position in shares of Steven Madden by 86.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,045 shares of the textile maker’s stock valued at $25,000 after acquiring an additional 485 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in Steven Madden during the fourth quarter worth about $30,000. Global Retirement Partners LLC increased its position in Steven Madden by 1,064.3% during the fourth quarter. Global Retirement Partners LLC now owns 815 shares of the textile maker’s stock worth $34,000 after purchasing an additional 745 shares during the last quarter. First Horizon Corp raised its stake in Steven Madden by 55.1% during the fourth quarter. First Horizon Corp now owns 892 shares of the textile maker’s stock worth $37,000 after purchasing an additional 317 shares during the period. Finally, Farther Finance Advisors LLC raised its stake in Steven Madden by 79.4% during the fourth quarter. Farther Finance Advisors LLC now owns 983 shares of the textile maker’s stock worth $41,000 after purchasing an additional 435 shares during the period. Hedge funds and other institutional investors own 99.88% of the company’s stock.

Insider Buying and Selling

In related news, Director Arian Simone Reed sold 1,250 shares of the stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $48.76, for a total value of $60,950.00. Following the completion of the sale, the director owned 8,196 shares of the company’s stock, valued at approximately $399,636.96. This trade represents a 13.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Al Ferrara sold 3,918 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $48.26, for a total value of $189,082.68. Following the completion of the sale, the director directly owned 26,197 shares of the company’s stock, valued at approximately $1,264,267.22. This represents a 13.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 14,708 shares of company stock valued at $691,304 over the last ninety days. 2.21% of the stock is currently owned by company insiders.

Steven Madden Announces Dividend

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

Steven Madden News Roundup

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

• Positive Sentiment: Zacks increased its FY2026 EPS estimate to $2.10 from $2.06 and raised FY2027 EPS to $2.61 from $2.60. Estimates were also lifted for Q3 2026 to $0.60, Q1 2027 to $0.59, Q2 2027 to $0.46, Q3 2027 to $0.81, Q1 2028 to $0.49 and Q2 2028 to $0.41.
• Positive Sentiment: The upward revisions imply modestly better earnings expectations over much of the forecast period. They add to the company’s recent fundamental momentum, including its latest quarterly EPS and revenue beats and 19.1% year-over-year revenue growth.
• Positive Sentiment: A broader Zacks industry outlook identified Steven Madden among footwear and apparel companies positioned to benefit from premiumization, product innovation and digital expansion. Zacks Industry Outlook adidas, Steven, Wolverine, Carter’s and Caleres
• Neutral Sentiment: The current-year analyst consensus remains at $2.14 EPS, above Zacks’ $2.10 estimate. With shares trading well above their 200-day moving average and near the upper end of their 52-week range, further gains may require stronger-than-expected execution.
• Negative Sentiment: Zacks cut its Q4 2026 EPS forecast to $0.61 from $0.71 and reduced its Q4 2027 forecast to $0.75 from $0.92. These sizeable seasonal-quarter reductions offset some of the positive revisions and signal potential pressure on future profitability.

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.