Steven Madden (NASDAQ:SHOO) Releases 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 Trading Down 8.2 %

SHOO traded down $3.11 during trading on Wednesday, reaching $34.79. 1,483,849 shares of the company’s stock were exchanged, compared to its average volume of 749,186. The stock has a market capitalization of $2.51 billion, a PE ratio of 14.80 and a beta of 1.07. The firm has a fifty day moving average price of $40.62 and a two-hundred day moving average price of $43.70. Steven Madden has a one year low of $34.56 and a one year high of $50.01.

Steven Madden (NASDAQ:SHOO) last posted its quarterly earnings results on Wednesday, February 26th. The textile maker reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.02. Steven Madden had a net margin of 7.68% and a return on equity of 23.41%. Sell-side analysts expect that Steven Madden will post 2.66 earnings per share for the current year.

Steven Madden Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date was Friday, December 13th. Steven Madden’s dividend payout ratio is currently 35.74%.

Analyst Ratings Changes

SHOO has been the topic of a number of research analyst reports. Piper Sandler cut their price target on shares of Steven Madden from $45.00 to $40.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. StockNews.com lowered shares of Steven Madden from a “buy” rating to a “hold” rating in a research report on Tuesday, January 14th. Citigroup decreased their price objective on Steven Madden from $45.00 to $38.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. Needham & Company LLC reissued a “hold” rating on shares of Steven Madden in a research note on Thursday, February 13th. Finally, Jefferies Financial Group restated a “hold” rating on shares of Steven Madden in a report on Monday, February 3rd. Seven analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price 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.