Q3 EPS Estimates for Steven Madden Lifted by Zacks Research

Steven Madden, Ltd. (NASDAQ:SHOO) – Equities research analysts at Zacks Research increased their Q3 2026 EPS estimates for Steven Madden in a research note issued to investors on Thursday, August 20th. Zacks Research analyst Team now anticipates that the textile maker will post earnings per share of $0.60 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.

Several other equities research analysts have also recently issued reports on the stock. Citigroup reiterated a “buy” rating and set a $55.00 price objective (up from $45.00) on shares of Steven Madden in a research report on Friday, July 31st. Piper Sandler set a $55.00 price target on shares of Steven Madden and gave the company an “overweight” rating in a research note on Wednesday, August 5th. Needham & Company LLC raised 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. Williams Trading set a $56.00 price objective on shares of Steven Madden in a research note on Monday, August 3rd. Finally, BTIG Research reissued a “buy” rating and set a $50.00 target price on shares of Steven Madden in a research report on Monday, July 27th. Five analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $49.75.

Steven Madden Price Performance

Shares of NASDAQ:SHOO opened at $45.71 on Friday. The company has a market capitalization of $3.35 billion, a P/E ratio of 22.97 and a beta of 1.14. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.91 and a quick ratio of 1.13. The firm’s 50 day simple moving average is $44.19 and its two-hundred day simple moving average is $40.19. Steven Madden has a 1-year low of $26.05 and a 1-year high of $49.70.

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

Hedge Funds Weigh In On Steven Madden

Several hedge funds have recently modified their holdings of the stock. Wellington Management Group LLP boosted its stake in 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 in the last quarter. Invesco Ltd. increased its holdings in 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 buying an additional 367,459 shares during the period. Dimensional Fund Advisors LP raised its position in Steven Madden by 1.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,450,539 shares of the textile maker’s stock worth $82,046,000 after buying an additional 41,947 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Steven Madden by 0.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,271,827 shares of the textile maker’s stock worth $52,959,000 after buying an additional 5,288 shares during the last quarter. Finally, Nuveen LLC lifted its stake in Steven Madden by 7.7% during the 4th quarter. Nuveen LLC now owns 1,225,742 shares of the textile maker’s stock valued at $51,040,000 after acquiring an additional 87,450 shares during the period. Institutional investors and hedge funds own 99.88% of the company’s stock.

Insider Activity

In other news, Director Mitchell S. Klipper sold 3,918 shares of the company’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $48.54, for a total transaction of $190,179.72. Following the transaction, the director directly owned 32,555 shares of the company’s stock, valued at approximately $1,580,219.70. This represents a 10.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Al Ferrara sold 3,918 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was 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 $1,264,267.22. The trade was a 13.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 14,708 shares of company stock valued at $691,304 over the last three months. Company insiders own 2.21% of the company’s stock.

Steven Madden Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Friday, September 11th will be given 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 yield of 1.8%. Steven Madden’s dividend payout ratio is presently 42.21%.

Trending Headlines about Steven Madden

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.