Steven Madden, Ltd. (SHOO) AI Stock Analysis

Steven Madden, Ltd. is engaged in the design, sourcing, marketing, and sale of trendy branded and private label footwear, accessories, and apparel. Catering to women, men, and children, the company operates across wholesale and direct-to-consumer channels. Its Wholesale Footwear segment offers products under brands including Steve Madden, Madden Girl, Betsey Johnson, and Superga, alongside private label options. Wholesale Accessories/Apparel supplies handbags, apparel, belts, and small leather goods to department stores, specialty shops, and online retailers. Direct-to-Consumer encompasses retail stores such as Steve Madden and Superga outlets, as well as digital platforms like SteveMadden.com and DolceVita.com. Licensing and First Cost buying agent segments support operations.

Between FY2021 and FY2025, revenue increased from $1.87B to $2.52B, representing a 5-year revenue CAGR of 16.0% from FY2020 to FY2025. Gross margin held steady near 41.1% over this period, but operating margin declined from 13.1% in FY2021 to 2.7% in FY2025. Consequently, annual net income fell from $190.7M in FY2021 to $44.7M in FY2025, and diluted EPS dropped from $2.44 to $1.71. In the trailing twelve months, revenue reached $2.74B with an operating margin of 6.7% and net margin of 5.2%. For the latest quarter ended June 30, 2026, quarterly revenue grew 19.1% year-over-year while quarterly earnings increased 75.4%.

As of June 30, 2026, Steven Madden held $94.7M in cash and short-term investments against $377.1M in total debt, resulting in net debt of $282.4M. Shareholders' equity stood at $939.6M with a debt-to-equity ratio of 0.40 and a current ratio of 1.91. Operating cash flow was $162.2M in FY2025, supporting free cash flow of $119.5M. Capital expenditures used $42.7M, while cash returned to shareholders included $61.0M in dividends paid and $13.5M in share buybacks. Share count decreased by 11.1% over five years.

Steven Madden trades at a market cap of $3.31B and an enterprise value of $3.54B. Its trailing P/E of 22.6x and forward P/E of 20.8x sit above the median of its US-listed Consumer Cyclical peers, which report a trailing P/E of 18.0x and forward P/E of 14.1x. The company's EV/EBITDA of 14.5x also trades at a premium to the peer median of 11.1x, while its price-to-sales of 1.2x compares to the peer median of 0.7x. Over the past year, the stock returned 32.1%, outperforming the S&P 500 (SPY) return of 16.8%, though its 5-year return of 18.5% lagged the index's 83.0%.

The company pays a forward annual dividend of $0.84 per share, providing a 1.85% dividend yield at a payout ratio of 46.7%. Dividends are distributed quarterly and have been paid for 9 consecutive years. Over five years, the dividend grew at an annualized rate of 41.1%. The last ex-dividend date occurred on September 11, 2026.

Wall Street coverage includes 5 Strong Buy, 3 Buy, 1 Hold, 0 Sell, and 1 Strong Sell ratings. The mean price target of $52.40 implies an upside of 15.7% from the last close of $45.27. For the current fiscal year ending December 31, 2026, analysts estimate revenue of $2.88B and EPS of $2.21, reflecting projected EPS growth of 29.8%. Steven Madden has beaten EPS expectations in 3 of the last 4 quarters, with its next earnings report scheduled for November 4, 2026.

This page is an AI-written research summary of Steven Madden, Ltd. (SHOO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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