Steven Madden (SHOO) AI Stock Analysis

• Market Cap: $1.89B
• Dividend Yield: 3.23%
• Average Volume (3M): 1.74M
• Price to Earnings (P/E): 11.2
• Beta (1Y): 1.04
• Revenue Growth: 10.17%
• EPS Growth: -4.71%
• Country: US
• Employees: 3,500
• Sector: Consumer Cyclical
• Sector Strength: 59
• Industry: Apparel - Footwear & Accessories
• EPS (TTM): 0.60
• Shares Outstanding: 72,627,750
• 10 Day Avg. Volume: 1,402,892
• 30 Day Avg. Volume: 1,743,680
• 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: 1.20
• Enterprise Value/Revenue: 0.25
• Enterprise Value/Gross Profit: 2.42
• Enterprise Value/Ebitda: 2.21
• 1Y Price Target: $26.71
• Price Target Upside: 8.80% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 8

• Rating: 76 Outperform
• Price Target: $28.00 ▲(14.05%Upside)

Steven Madden's strong financial performance and attractive valuation are the most significant positive factors. Technical analysis and earnings call insights provide a mixed outlook, with strategic initiatives offset by tariff-related uncertainties. Stockholder support, as evidenced by recent corporate events, further reinforces confidence in management's direction.

Positive Factors

Brand Buzz

Significant brand buzz was created from founder Steve Madden’s viral Tiktok moment, which generated new customers and traffic to the website.

Market Confidence

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

Product Trends

Fashion trends seem to be moving in SHOO’s direction toward dress, away from sneakers, with management calling out newness in dress, flats, and boots.

Negative Factors

Cost Challenges

Cost structures in Cambodia and Brazil are 20-25% higher compared to pre-tariff China factory costs, though 15 points of the higher costs is due to cost inflation.

Fundamental Uncertainty

There is too much fundamental uncertainty at the moment, and analysts remain sidelined.

Order Cancellations

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

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, 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
	EBIT
228.24M	224.94M	213.22M	281.64M	243.60M	130.73M
	EBITDA
251.66M	250.49M	235.24M	302.22M	257.28M	66.92M
	Net Income Common Stockholders
165.88M	169.39M	171.55M	216.06M	190.68M	-18.28M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
147.24M	203.41M	219.81M	289.80M	263.54M	287.17M
	Total Assets
1.43B	1.41B	1.35B	1.26B	1.36B	1.14B
	Total Debt
45.53M	152.99M	138.88M	108.63M	110.83M	132.85M
	Net Debt
-99.24M	-36.94M	-65.76M	-166.09M	-108.67M	-115.02M
	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: Negative
• Last Price: 24.55
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• 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 Negative. The current price of 24.55 is below the 20-day moving average (MA) of 25.18, above the 50-day MA of 23.21, and below the 200-day MA of 36.16, indicating a neutral trend. The MACD of 0.38 indicates Positive momentum. The RSI at 49.80 is Neutral, neither overbought nor oversold. The STOCH value of 61.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SHOO.

Steven Madden Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SHOO	76 Outperform	$1.89B	11.19	19.51%	3.23%	10.17%	-4.71%
RCKY	74 Outperform	$170.94M	12.47	5.97%	2.71%	-2.01%	2.08%
WEYS	73 Outperform	$306.13M	10.53	11.76%	3.38%	-5.46%	-1.09%
WWW	68 Neutral	$1.52B	21.19	25.29%	2.13%	-13.05%	―
CAL	64 Neutral	$488.55M	5.99	13.67%	1.95%	-4.84%	-49.08%
Sector *	63 Neutral	$6.98B	11.41	2.80%	4.24%	2.68%	-24.94%
VRA	44 Neutral	$65.61M	―	-36.91%	―	-24.95%	-2349.32%

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.