Steven Madden, Ltd. (NASDAQ:SHOO – Get Free Report) declared a quarterly dividend on Thursday, July 30th. Stockholders of record on Friday, September 11th will be paid a dividend of 0.21 per share by the textile maker on Thursday, September 24th. This represents a c) annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Friday, September 11th.
Steven Madden has raised its dividend by an average of 0.4%annually over the last three years. Steven Madden has a payout ratio of 42.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Steven Madden to earn $2.66 per share next year, which means the company should continue to be able to cover its $0.84 annual dividend with an expected future payout ratio of 31.6%.
Steven Madden Price Performance
SHOO stock opened at $46.08 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.91 and a quick ratio of 1.42. The business has a 50 day simple moving average of $43.13 and a 200-day simple moving average of $39.96. The firm has a market capitalization of $3.37 billion, a PE ratio of 23.16 and a beta of 1.15. Steven Madden has a 1 year low of $23.15 and a 1 year high of $48.76.
More Steven Madden News
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.
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.
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