Steven Madden (SHOO) AI Stock Analysis

• Market Cap: $1.94B
• Dividend Yield: 3.14%
• Average Volume (3M): 1.62M
• Price to Earnings (P/E): 21.0
• Beta (1Y): 1.16
• Revenue Growth: 7.80%
• EPS Growth: -48.10%
• Country: US
• Employees: 3,500
• Sector: Consumer Cyclical
• Sector Strength: 75
• Industry: Apparel - Footwear & Accessories
• EPS (TTM): 0.20
• Shares Outstanding: 72,652,390
• 10 Day Avg. Volume: 2,067,337
• 30 Day Avg. Volume: 1,617,599
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.11
• Enterprise Value/Revenue: 0.93
• Enterprise Value/Gross Profit: 2.28
• Enterprise Value/Ebitda: 14.27
• 1Y Price Target: $28.29
• Price Target Upside: 5.80% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 8

• Rating: 71 Outperform
• Price Target: $29.00 ▲(8.45% Upside)

Steven Madden's overall stock score reflects a mix of strong revenue growth and cash flow management, offset by declining profitability and increased leverage. The technical indicators suggest short-term positivity, but longer-term challenges remain. Valuation is moderate, with a reasonable dividend yield. The earnings call highlighted both achievements and challenges, particularly due to tariff impacts. Strong shareholder support is a positive sign.

Positive Factors

Acquisition Impact

The market is underappreciating the benefits of a recent acquisition, which is expected to boost revenue and align with favorable fashion trends.

Product Innovation

Steve Madden is beginning to offer some compelling new platform and kitten heel dress shoes with strong price/value relationship, as compared to luxury designer brands.

Stock Valuation

Shares are trading below the company's five-year average price-to-earnings ratio, indicating a favorable risk-reward scenario.

Negative Factors

Guidance Uncertainty

The company has suspended annual guidance due to tariff uncertainties, indicating potential challenges in forecasting future performance.

Revenue Performance

2Q25 revenue missed expectations as wholesale revenue, excluding contributions from Kurt Geiger, which was acquired in early May, decreased 12.8%.

Tariff Impact

95% of the decrease in wholesale revenue was the result of cancelations from mass and off-price channels, as a direct response to the initial 145% tariffs on Chinese goods.

Steven Madden Business Overview & Revenue Model

Company Description

Steven Madden, Ltd. designs, sources, markets, and sells fashion-forward branded and private label footwear, accessories, and apparel for women, men, and children in the United States and internationally. Its Wholesale Footwear segment provides footwear under the Steve Madden, Steven by Steve Madden, Madden Girl, BB Dakota, Dolce Vita, DV Dolce Vita, Betsey Johnson, GREATS, Blondo, Anne Klein, Mad Love, Superga, Madden NYC, and COOL Planet brands, as well as private label footwear. The company's Wholesale Accessories/Apparel segment offers handbags, apparel, small leather goods, belts, soft accessories, fashion scarves, wraps, gifting, and other accessories under the Steve Madden, BB Dakota, Anne Klein, Betsey Johnson, Cejon, Madden NYC, and Dolce Vita brands, as well as private label handbag and accessories to department stores, mass merchants, off-price retailers, online retailers, specialty stores, and independent stores. Its Direct-to-Consumer segment operates Steve Madden and Superga full-price retail stores, Steve Madden outlet stores, and Steve Madden shop-in-shops, as well as digital e-commerce websites, including SteveMadden.com, DolceVita.com, betseyjohnson.com, Blondo.com, GREATS.com, and Superga-USA.com. The company's Licensing segment licenses its Steve Madden, Madden Girl, and Betsey Johnson trademarks. Its First Cost segment operates as a buying agent for footwear products under private labels for national chains, specialty retailers, and value-priced retailers. As of December 31, 2021, it owned and operated 214 brick-and-mortar retail stores that included 147 Steve Madden full-price stores, 66 Steve Madden outlet stores, and 1 Superga store, as well as 6 e-commerce websites. Steven Madden, Ltd. was incorporated in 1990 and is headquartered in Long Island City, New York.

How the Company Makes Money

Steven Madden generates revenue primarily through the sale of its footwear and accessories across multiple channels. The company operates a combination of direct-to-consumer sales through its branded retail stores and e-commerce platforms, as well as wholesale distribution to department stores, specialty retailers, and third-party online marketplaces. Key revenue streams include the sale of women’s footwear, which constitutes the largest segment, followed by men’s and children’s footwear and accessories. Additionally, Steven Madden engages in strategic partnerships and collaborations with other brands and influencers to expand its market reach and enhance brand visibility. The company also benefits from seasonal trends in fashion, driving sales during peak retail periods. Effective marketing strategies and a strong brand identity further contribute to its revenue generation.

Steven Madden Financial Statement Overview

Summary

Steven Madden exhibits strong profitability with stable margins and a low debt-to-equity ratio, reflecting solid financial health. However, slight declines in revenue growth and ROE present areas for improvement.

Income Statement

Steven Madden demonstrates strong profitability with a stable gross profit margin of around 41% in TTM (Trailing-Twelve-Months). Net profit margins have slightly declined but remain healthy. Revenue growth has been sluggish, with a marginal decline in the latest TTM. EBIT and EBITDA margins are stable, reflecting operational efficiency.

Balance Sheet

The company's financial health is solid with a low debt-to-equity ratio and a commendable equity ratio of over 60% in TTM, indicating strong capitalization. Return on Equity (ROE) is healthy but shows a slight decline, pointing to potential pressure on profit generation from equity. Overall, the balance sheet reflects stability and low leverage risk.

Cash Flow

Operating cash flow consistently exceeds net income, indicating strong cash generation capabilities. However, free cash flow growth has shown a slight decline recently, which may warrant monitoring. The company maintains a robust free cash flow to net income ratio, supporting its ability to reinvest and distribute cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.32B	2.28B	1.98B	2.12B	1.87B	1.20B
Gross Profit	947.28M	936.93M	832.41M	873.84M	767.50M	464.54M
EBITDA	151.12M	258.01M	235.24M	302.22M	257.28M	66.92M
Net Income	92.63M	169.39M	171.55M	216.06M	190.68M	-18.28M
Balance Sheet
Total Assets	1.90B	1.41B	1.35B	1.26B	1.36B	1.14B
Cash, Cash Equivalents and Short-Term Investments	111.85M	203.41M	219.81M	289.80M	263.54M	287.17M
Total Debt	349.67M	152.99M	138.88M	108.63M	110.83M	132.85M
Total Liabilities	1.03B	535.77M	499.91M	414.13M	535.00M	347.39M
Stockholders Equity	833.23M	847.72M	829.60M	831.55M	812.10M	776.59M
Cash Flow
Free Cash Flow	132.67M	172.19M	209.77M	249.53M	152.85M	37.64M
Operating Cash Flow	166.82M	198.10M	229.24M	267.88M	159.46M	44.21M
Investing Cash Flow	-422.06M	-39.49M	-99.89M	5.52M	-3.21M	-4.88M
Financing Cash Flow	187.07M	-167.91M	-200.94M	-215.83M	-184.65M	-57.07M

Steven Madden Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 26.74
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SHOO, the sentiment is Positive. The current price of 26.74 is above the 20-day moving average (MA) of 25.79, above the 50-day MA of 25.07, and below the 200-day MA of 31.76, indicating a neutral trend. The MACD of 0.20 indicates Negative momentum. The RSI at 59.59 is Neutral, neither overbought nor oversold. The STOCH value of 85.21 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SHOO.

Steven Madden Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RCKY	75 Outperform	$198.28M	10.68	8.05%	2.25%	-0.09%	24.18%
SHOO	71 Outperform	$1.94B	21.04	11.09%	3.14%	7.80%	-48.10%
WWW	69 Neutral	$2.25B	26.76	27.52%	1.40%	-2.83%	―
CAL	67 Neutral	$496.14M	6.13	13.67%	1.92%	-4.84%	-49.08%
Sector *	67 Neutral	¥277.37B	14.70	6.81%	2.50%	5.06%	-23.65%
WEYS	64 Neutral	$287.99M	11.25	10.36%	9.89%	-6.39%	-14.72%
VRA	43 Neutral	$53.07M	―	-36.91%	―	-24.95%	-1959.79%

Steven Madden Corporate Events

Steven Madden Reports Q2 2025 Financial Results

On July 30, 2025, Steven Madden, Ltd. announced its financial results for the second quarter of 2025, revealing a 6.8% increase in revenue to $559.0 million compared to the same period in 2024. Despite this growth, the company faced a net loss of $39.5 million, attributed to new tariffs on goods imported into the U.S. The integration of Kurt Geiger is progressing well, contributing to a 43.3% increase in direct-to-consumer revenue. The company declared a quarterly cash dividend of $0.21 per share, payable on September 23, 2025.

The most recent analyst rating on (SHOO) stock is a Hold with a $26.00 price target. To see the full list of analyst forecasts on Steven Madden stock, see the SHOO Stock Forecast page.

Steven Madden Faces Leadership Changes with Recent Resignations

On June 27, 2025, Robert G. Smith resigned from Steven Madden‘s Board of Directors, effective July 14, 2025, to pursue another opportunity, with no disagreements cited. Consequently, the board will reduce from 11 to 10 members. Additionally, Chief Merchandising Officer Karla Frieders resigned for personal reasons, effective June 30, 2025, with her duties being reassigned within the management team, and no immediate replacement planned.

The most recent analyst rating on (SHOO) stock is a Hold with a $35.00 price target. To see the full list of analyst forecasts on Steven Madden stock, see the SHOO Stock Forecast page.

Steven Madden Stockholders Approve Key Proposals at Annual Meeting

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.