Steven Madden Stockholders Approve Key Proposals at Annual Meeting

An announcement from Steven Madden ( (SHOO) ) is now available.

On May 21, 2025, Steven Madden, Ltd. held its 2025 Annual Meeting of Stockholders, where 69,415,522 shares were represented, forming a quorum. During the meeting, three key proposals were addressed: the election of eleven board nominees, the ratification of Ernst & Young LLP as the independent auditor for 2025, and the approval of executive compensation on a non-binding advisory basis. All proposals were approved by the stockholders, indicating strong support for the company’s current leadership and strategic direction.

The most recent analyst rating on (SHOO) stock is a Hold with a $44.00 price target. To see the full list of analyst forecasts on Steven Madden stock, see the SHOO Stock Forecast page.

Spark’s Take on SHOO Stock

According to Spark, TipRanks’ AI Analyst, SHOO is a Outperform.

Steven Madden’s strong financial position and attractive valuation are key strengths. However, sluggish revenue growth and challenges from new tariffs impact the outlook. Technical indicators suggest caution despite positive momentum.

To see Spark’s full report on SHOO stock, click here.

More about Steven Madden

Steven Madden, Ltd. operates in the fashion industry, primarily focusing on designing, sourcing, and marketing fashion-forward footwear, accessories, and apparel for women, men, and children. The company is known for its trendy and innovative products, targeting a diverse market that includes both wholesale and direct-to-consumer channels.

Average Trading Volume: 2,075,356

Technical Sentiment Signal: Sell

Current Market Cap: $1.82B

Learn more about SHOO stock on TipRanks’ Stock Analysis page.