Steven Madden (SHOO) AI Stock Analysis

• Market Cap: $3.18B
• Dividend Yield: 1.96%
• Average Volume (3M): 1.14M
• Price to Earnings (P/E): 55.5
• Beta (1Y): 1.09
• Revenue Growth: 6.26%
• EPS Growth: -66.51%
• Country: US
• Employees: 3,500
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Footwear & Accessories
• EPS (TTM): 0.43
• Shares Outstanding: 72,657,936
• 10 Day Avg. Volume: 1,058,054
• 30 Day Avg. Volume: 1,140,336
• PEG Ratio: 10.47
• Price to Book (P/B): 3.57
• Price to Sales (P/S): 1.33
• P/FCF Ratio: 17.60
• Enterprise Value/Market Cap: 0.90
• Enterprise Value/Revenue: 1.21
• Enterprise Value/Gross Profit: 2.95
• Enterprise Value/Ebitda: 25.48
• 1Y Price Target: $47.67
• Price Target Upside: 11.14% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7
• EPS Forecast (FY): 1.68
• Revenue Forecast (FY): $2.53B

• Rating: 66 Neutral
• Price Target: $46.00 ▲(7.25% Upside)

Steven Madden's stock score reflects a stable financial position with moderate growth prospects. Strong technical momentum and positive direct-to-consumer performance are offset by valuation concerns and tariff-related challenges impacting wholesale revenue.

Positive Factors

Direct-to-Consumer Growth

Strong growth in the direct-to-consumer segment indicates a successful strategy shift, enhancing margins and reducing dependency on wholesale channels.

Successful Acquisition Integration

Successful integration of acquisitions like Kurt Geiger boosts market reach and product offerings, supporting long-term growth and competitive positioning.

Improved Gross Margin

An improved gross margin reflects better pricing strategies and cost management, enhancing profitability and financial health over time.

Negative Factors

Tariff-Related Challenges

High tariffs on imports significantly impact wholesale revenue and margins, posing a long-term challenge to cost structure and profitability.

Decrease in Wholesale Revenue

A decline in wholesale revenue indicates potential issues in distribution channels, affecting overall revenue growth and market penetration.

Increased Operating Expenses

Rising operating expenses can pressure profit margins and reduce operational efficiency, challenging long-term financial performance.

Steven Madden Business Overview & Revenue Model

Company Description

Steven Madden, Ltd. is a leading designer and marketer of fashion footwear and accessories, primarily aimed at the contemporary market. Established in 1990, the company operates in the footwear and accessories sector, offering a diverse range of products that include women's, men's, and children's shoes, as well as handbags, belts, and other fashion accessories. Steven Madden is known for its trendy and stylish designs, often inspired by the latest fashion trends and pop culture.

How the Company Makes Money

The company generates revenue primarily through the sale of its footwear and accessories, which are distributed through a multi-channel approach. Key revenue streams include wholesale distribution to department stores, specialty stores, and mass retailers, as well as direct-to-consumer sales through its own branded retail stores and e-commerce platforms. Steven Madden also benefits from strategic partnerships with other brands and retailers, which can enhance its market reach and product visibility. Seasonal product releases, collaborations, and marketing initiatives play a significant role in driving sales, while the company's ability to adapt to changing fashion trends helps sustain consumer demand.

Steven Madden Financial Statement Overview

Summary

Steven Madden's financial performance is stable with moderate profitability and growth. The income statement shows a gross profit margin of 40.85% and a net profit margin of 2.38%. Revenue growth is positive at 1.86%. The balance sheet is strong with a debt-to-equity ratio of 0.41 and a return on equity of 10.83%. Cash flow analysis indicates strong free cash flow growth but challenges in converting income into cash.

Income Statement

Steven Madden's income statement shows moderate performance with a gross profit margin of 40.85% and a net profit margin of 2.38% for TTM. Revenue growth is positive at 1.86%, indicating a slight upward trend. However, the EBIT and EBITDA margins have decreased compared to previous years, suggesting potential challenges in operational efficiency.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.41, indicating manageable leverage. The return on equity is 10.83%, showing decent profitability. The equity ratio stands at 42.54%, suggesting a solid equity base relative to total assets.

Cash Flow

Cash flow analysis reveals a strong free cash flow growth rate of 34.9% for TTM, indicating improved cash generation. However, the operating cash flow to net income ratio is relatively low at 0.30, suggesting potential challenges in converting income into cash. The free cash flow to net income ratio is 0.78, indicating a reasonable conversion of profits into free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.36B	2.28B	1.98B	2.12B	1.87B	1.20B
Gross Profit	965.11M	936.93M	832.41M	873.84M	767.50M	464.54M
EBITDA	111.81M	258.01M	235.24M	308.03M	262.86M	66.92M
Net Income	56.27M	169.39M	171.55M	216.06M	190.68M	-18.40M
Balance Sheet
Total Assets	2.00B	1.41B	1.35B	1.26B	1.36B	1.14B
Cash, Cash Equivalents and Short-Term Investments	108.86M	203.41M	219.81M	289.80M	263.54M	287.17M
Total Debt	540.24M	152.99M	138.88M	108.63M	110.83M	132.85M
Total Liabilities	1.11B	535.77M	499.91M	414.13M	535.00M	347.39M
Stockholders Equity	850.84M	847.72M	829.60M	831.55M	812.10M	776.59M
Cash Flow
Free Cash Flow	133.13M	172.19M	209.77M	249.53M	152.85M	37.64M
Operating Cash Flow	171.48M	198.10M	229.24M	267.88M	159.46M	44.21M
Investing Cash Flow	-412.20M	-39.49M	-99.89M	5.52M	-3.21M	-4.88M
Financing Cash Flow	210.22M	-167.91M	-200.94M	-215.83M	-184.65M	-57.07M

Steven Madden Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 42.89
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 42.89 is above the 20-day moving average (MA) of 42.10, above the 50-day MA of 38.12, and above the 200-day MA of 28.89, indicating a bullish trend. The MACD of 1.70 indicates Positive momentum. The RSI at 58.83 is Neutral, neither overbought nor oversold. The STOCH value of 44.37 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
RCKY	76 Outperform	$232.30M	11.32	8.67%	2.02%	4.13%	53.56%
WEYS	71 Outperform	$325.50M	13.45	9.57%	9.05%	-3.64%	-16.12%
CAL	67 Neutral	$468.44M	22.32	3.33%	2.11%	-2.83%	-86.19%
SHOO	66 Neutral	$3.18B	55.54	6.68%	1.96%	6.26%	-66.51%
CROX	63 Neutral	$4.76B	29.26	11.82%	―	<0.01%	-77.31%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
WWW	58 Neutral	$1.54B	17.93	25.57%	2.14%	3.61%	―

Steven Madden Corporate Events

Steven Madden Reports Q3 Revenue Growth Amid Tariff Challenges

On November 5, 2025, Steven Madden, Ltd. announced its third-quarter financial results, revealing a 6.9% revenue increase to $667.9 million compared to the same period in 2024. Despite challenges from new tariffs on U.S. imports, the company saw positive consumer response to its Fall collections, particularly the Steve Madden brand. However, operating income and net income saw declines, attributed to increased operating expenses and tariff impacts. The company also declared a quarterly cash dividend of $0.21 per share, payable on December 26, 2025. Looking ahead, Steve Madden anticipates a 27% to 30% revenue increase in the fourth quarter of 2025, driven by strategies including tariff mitigation and the acquisition of Kurt Geiger.