Steven Madden, Ltd. (NASDAQ:SHOO) Stock Has Average Price Target of $51.80

17 Oct 2026, 02:58 by Renee Jackson · The Cerbat Gem

Shares of Steven Madden, Ltd. (NASDAQ:SHOO – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the ten brokerages that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, five have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $51.80.

Several analysts have recently commented on SHOO shares. Wall Street Zen raised shares of Steven Madden from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Zacks Research downgraded shares of Steven Madden from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. BMO Capital Markets initiated coverage on shares of Steven Madden in a research note on Tuesday, September 8th. They issued an “outperform” rating and a $60.00 price target for the company. Williams Trading set a $56.00 price objective on shares of Steven Madden in a report on Monday, August 3rd. Finally, Weiss Ratings raised shares of Steven Madden from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th.

Read Our Latest Analysis on SHOO

Insider Buying and Selling at Steven Madden

In other Steven Madden news, Director Arian Reed sold 1,250 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $48.76, for a total value of $60,950.00. Following the completion of the sale, the director owned 8,196 shares of the company’s stock, valued at approximately $399,636.96. This trade represents a 13.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Mitchell Klipper sold 3,918 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $48.54, for a total value of $190,179.72. Following the transaction, the director directly owned 32,555 shares in the company, valued at $1,580,219.70. The trade was a 10.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 9,086 shares of company stock valued at $440,212. Company insiders own 2.21% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. GAMMA Investing LLC raised its holdings in shares of Steven Madden by 2.6% in the 2nd quarter. GAMMA Investing LLC now owns 9,984 shares of the textile maker’s stock worth $420,000 after acquiring an additional 257 shares during the last quarter. Versant Capital Management Inc raised its stake in shares of Steven Madden by 17.0% in the third quarter. Versant Capital Management Inc now owns 3,543 shares of the textile maker’s stock worth $159,000 after purchasing an additional 516 shares during the last quarter. Central Pacific Bank Trust Division raised its stake in shares of Steven Madden by 16.6% in the third quarter. Central Pacific Bank Trust Division now owns 4,492 shares of the textile maker’s stock worth $201,000 after purchasing an additional 640 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of Steven Madden in the second quarter valued at approximately $32,000. Finally, CX Institutional lifted its holdings in shares of Steven Madden by 2.0% in the second quarter. CX Institutional now owns 67,571 shares of the textile maker’s stock valued at $2,845,000 after purchasing an additional 1,334 shares in the last quarter. 99.88% of the stock is currently owned by institutional investors and hedge funds.

Steven Madden Stock Down 2.1%

Shares of Steven Madden stock opened at $45.27 on Wednesday. Steven Madden has a one year low of $31.33 and a one year high of $49.70. 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 stock’s 50-day moving average is $44.59 and its 200 day moving average is $42.45. The firm has a market cap of $3.31 billion, a price-to-earnings ratio of 22.75 and a beta of 1.17.

Steven Madden (NASDAQ:SHOO – Get Free Report) last issued its earnings results on Thursday, July 30th. The textile maker reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.11. Steven Madden had a return on equity of 13.85% and a net margin of 5.23%. The business had revenue of $665.87 million during the quarter, compared to the consensus estimate of $635.39 million. During the same period in the previous year, the company posted $0.20 earnings per share. The firm’s revenue for the quarter was up 19.1% on a year-over-year basis. Steven Madden has set its FY 2026 guidance at 2.050-2.150 EPS. Equities research analysts anticipate that Steven Madden will post 2.15 EPS for the current year.

Steven Madden Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Friday, September 11th were issued a $0.21 dividend. The ex-dividend date was Friday, September 11th. This represents a $0.84 annualized dividend and a yield of 1.9%. Steven Madden’s dividend payout ratio is presently 42.21%.

Steven Madden Company Profile

(Get Free Report)

Steven Madden, Ltd. is a footwear and fashion accessories company that designs, sources and markets products under a portfolio of proprietary and licensed brands. Its offerings include women’s, men’s and children’s footwear, handbags, accessories, apparel and related lifestyle products. The company’s best-known brand is Steve Madden, complemented by brands such as Dolce Vita, Betsey Johnson, Freebird and Mad Love.