Steven Madden (NASDAQ:SHOO) Updates FY 2025 Earnings Guidance

Steven Madden (NASDAQ:SHOO) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 2.300-2.400 for the period, compared to the consensus EPS estimate of 2.580. The company issued revenue guidance of $2.7 billion-$2.7 billion, compared to the consensus revenue estimate of $2.3 billion.

Steven Madden Stock Performance

Shares of NASDAQ:SHOO opened at $37.89 on Wednesday. The stock has a fifty day moving average of $40.62 and a 200-day moving average of $43.70. The company has a market capitalization of $2.74 billion, a PE ratio of 16.12 and a beta of 1.07. Steven Madden has a one year low of $36.40 and a one year high of $50.01.

Steven Madden Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were issued a $0.21 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.22%. Steven Madden’s payout ratio is currently 35.74%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on SHOO shares. Jefferies Financial Group restated a “hold” rating on shares of Steven Madden in a report on Monday, February 3rd. Needham & Company LLC reiterated a “hold” rating on shares of Steven Madden in a research report on Thursday, February 13th. StockNews.com lowered Steven Madden from a “buy” rating to a “hold” rating in a research report on Tuesday, January 14th. Citigroup reduced their price target on shares of Steven Madden from $45.00 to $38.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 4th. Finally, Piper Sandler reduced their price target on shares of Steven Madden from $45.00 to $40.00 and set a “neutral” rating for the company in a report on Tuesday, February 4th. Seven analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, Steven Madden has an average rating of “Hold” and an average price target of $43.20.

About Steven Madden

Steven Madden, Ltd. designs, sources, and markets fashion-forward branded and private label footwear, accessories, and apparel in the United States and internationally. It operates through Wholesale Footwear, Wholesale Accessories/Apparel, Direct-to- Consumer, and Licensing segments. The Wholesale Footwear segment designs, sources, and markets various products, including dress shoes, boots, booties, fashion sneakers, sandals, and casual shoes under the Steve Madden, Dolce Vita, Betsey Johnson, Blondo, GREATS, and Anne Klein brands.