Steven Madden (NASDAQ:SHOO) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Steven Madden, Ltd. (NASDAQ:SHOO) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $32.07 and traded as high as $43.19. Steven Madden shares last traded at $42.7950, with a volume of 371,496 shares.

Analyst Ratings Changes

SHOO has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of Steven Madden from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Telsey Advisory Group reiterated an “outperform” rating and issued a $50.00 price objective on shares of Steven Madden in a research note on Wednesday, December 17th. UBS Group restated a “neutral” rating and issued a $43.00 target price on shares of Steven Madden in a research note on Tuesday, December 9th. Zacks Research raised Steven Madden from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Steven Madden in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $44.83.

Steven Madden Stock Performance

The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.08 and a current ratio of 1.91. The company has a market cap of $3.11 billion, a PE ratio of 54.17 and a beta of 1.13. The company’s 50 day moving average price is $39.49 and its 200-day moving average price is $32.07.

Steven Madden (NASDAQ:SHOO) last announced its quarterly earnings data on Wednesday, November 5th. The textile maker reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.01). The firm had revenue of $667.88 million for the quarter, compared to the consensus estimate of $697.89 million. Steven Madden had a net margin of 2.38% and a return on equity of 14.28%. Steven Madden’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period last year, the company posted $0.91 earnings per share. Steven Madden has set its Q4 2025 guidance at 0.410-0.460 EPS. Equities research analysts anticipate that Steven Madden, Ltd. will post 2.66 earnings per share for the current fiscal year.

Steven Madden Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Investors of record on Monday, December 15th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Monday, December 15th. Steven Madden’s payout ratio is currently 106.33%.

Hedge Funds Weigh In On Steven Madden

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. CIBC Bancorp USA Inc. bought a new stake in shares of Steven Madden in the third quarter valued at approximately $256,000. Icon Advisers Inc. Co. purchased a new position in Steven Madden in the 3rd quarter valued at approximately $904,000. XTX Topco Ltd purchased a new position in Steven Madden in the 3rd quarter valued at approximately $727,000. Verition Fund Management LLC raised its holdings in Steven Madden by 261.3% during the 3rd quarter. Verition Fund Management LLC now owns 145,381 shares of the textile maker’s stock valued at $4,867,000 after acquiring an additional 105,138 shares during the period. Finally, Verity Asset Management Inc. purchased a new stake in shares of Steven Madden during the third quarter worth $347,000. Institutional investors own 99.88% of the company’s stock.

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.