Steven Madden (SHOO) AI Stock Analysis

• Market Cap: $1.78B
• Dividend Yield: 3.42%
• Average Volume (3M): 1.36M
• Price to Earnings (P/E): 10.6
• Beta (1Y): 1.04
• Revenue Growth: 10.17%
• EPS Growth: -4.71%
• Country: US
• Employees: 3,500
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Apparel - Footwear & Accessories
• EPS (TTM): 0.60
• Shares Outstanding: 72,627,750
• 10 Day Avg. Volume: 1,482,018
• 30 Day Avg. Volume: 1,360,096
• PEG Ratio: 0.67
• Price to Book (P/B): 2.92
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.74
• Enterprise Value/Market Cap: 1.27
• Enterprise Value/Revenue: 0.25
• Enterprise Value/Gross Profit: 2.42
• Enterprise Value/Ebitda: 2.21
• 1Y Price Target: $26.71
• Price Target Upside: 5.99% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 8

• Rating: 74 Outperform
• Price Target: $28.00 ▲(11.11%Upside)

Steven Madden shows a strong financial foundation, positive strategic initiatives, and fair valuation, providing a solid base for future performance. However, challenges such as revenue growth concerns, tariff-related uncertainties, and bearish technical indicators temper the overall outlook.

Positive Factors

Cost Management

The reduced tariffs on Chinese goods relieves pressure on SHOO, overall, and specifically on Madden Girl, Betsey Johnston, apparel, and Kurt Geiger.

Market Confidence

Upgrading SHOO from Hold to Buy following meetings at FFANY indicates growing confidence in the stock.

Product Trends

The resurgence of women's dress shoes and the reintroduction of Steve Madden are expected to drive more interest to the Steve Madden brands and give SHOO leverage with its wholesale accounts.

Negative Factors

Order Cancellations

Management made it clear that SHOO was receiving order cancelations from its wholesale partners due to the increased prices, delivery delays, and overall increased conservatism.

Production Challenges

The most important development from SHOO's Q1 was their commentary around China production, which is being reduced far faster than expected.

Tariff Impact

SHOO faces material headwinds that will last at least through the balance of the year.

Steven Madden Business Overview & Revenue Model

Company Description

Steven Madden, Ltd. (SHOO) is a leading designer and marketer of fashion-forward footwear, accessories, and apparel for women, men, and children. The company, which was founded in 1990 and is headquartered in Long Island City, New York, operates in the fashion industry, offering a diverse range of products including shoes, handbags, belts, and other fashion accessories. Steven Madden's brands include Steve Madden, Madden Girl, Betsey Johnson, Dolce Vita, Blondo, and others, which are sold through department stores, specialty shops, online, and company-owned retail stores globally.

How the Company Makes Money

Steven Madden, Ltd. generates revenue primarily through the sale of its fashion products across various channels. The company's revenue streams include wholesale distribution to department stores and specialty retailers, direct-to-consumer sales through its own retail stores and e-commerce platforms, and licensing agreements for its brands. Wholesale operations contribute significantly to its earnings, with partnerships with major retailers enhancing distribution reach. Retail stores and online sales provide direct consumer engagement, allowing for higher margins. Additionally, licensing agreements provide a steady income stream by allowing third parties to produce and sell products under Steven Madden's brand names. The combination of these channels, along with strategic brand acquisitions and market expansion, drives the company's financial performance.

Steven Madden Financial Statement Overview

Summary

Steven Madden exhibits strong profitability, a stable balance sheet, and efficient cash flow management. Despite the sluggish revenue growth, the company's solid margins and low leverage provide a robust financial foundation.

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	2.28B	2.28B	1.98B	2.12B	1.87B	1.20B
Gross Profit	933.45M	936.93M	832.41M	873.84M	767.50M	464.54M
EBITDA	251.66M	250.49M	235.24M	302.22M	257.28M	66.92M
Net Income	165.88M	169.39M	171.55M	216.06M	190.68M	-18.28M
Balance Sheet
Total Assets	1.43B	1.41B	1.35B	1.26B	1.36B	1.14B
Cash, Cash Equivalents and Short-Term Investments	147.24M	203.41M	219.81M	289.80M	263.54M	287.17M
Total Debt	45.53M	152.99M	138.88M	108.63M	110.83M	132.85M
Total Liabilities	523.52M	535.77M	499.91M	414.13M	535.00M	347.39M
Stockholders Equity	875.34M	847.72M	829.60M	831.55M	812.10M	776.59M
Cash Flow
Free Cash Flow	163.19M	172.19M	209.77M	249.53M	152.85M	37.64M
Operating Cash Flow	194.97M	198.10M	229.24M	267.88M	159.46M	44.21M
Investing Cash Flow	-35.88M	-39.49M	-99.89M	5.52M	-3.21M	-4.88M
Financing Cash Flow	-141.28M	-167.91M	-200.94M	-215.83M	-184.65M	-57.07M

Steven Madden Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 25.20
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 25.2 is above the 20-day moving average (MA) of 24.24, above the 50-day MA of 23.65, and below the 200-day MA of 34.91, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 55.93 is Neutral, neither overbought nor oversold. The STOCH value of 75.23 is Neutral, 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
SHOO	74 Outperform	$1.78B	10.59	19.51%	3.42%	10.17%	-4.71%
RCKY	71 Outperform	$166.76M	12.17	5.97%	2.77%	-2.01%	2.08%
WEYS	70 Outperform	$323.19M	11.12	11.76%	3.26%	-5.46%	-1.09%
WWW	68 Neutral	$1.55B	21.52	25.29%	2.21%	-13.05%	―
CAL	66 Neutral	$446.45M	5.52	13.67%	2.29%	-4.84%	-49.08%
Sector *	61 Neutral	C$5.19B	11.12	18.94%	3.83%	5.08%	6.52%
VRA	46 Neutral	$65.08M	―	-36.91%	―	-24.95%	-1959.79%

Steven Madden Corporate Events

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.