Steven Madden (SHOO) AI Stock Analysis

• Market Cap: $2.39B
• Dividend Yield: 2.25%
• Average Volume (3M): 1.28M
• Price to Earnings (P/E): 25.8
• Beta (1Y): 1.25
• Revenue Growth: 7.80%
• EPS Growth: -48.10%
• Country: US
• Employees: 3,500
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Footwear & Accessories
• EPS (TTM): 0.43
• Shares Outstanding: 72,652,390
• 10 Day Avg. Volume: 1,305,156
• 30 Day Avg. Volume: 1,278,014
• 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: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: $44.00
• Price Target Upside: 17.90% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: $41.00 ▲(9.86% Upside)

Steven Madden's overall stock score reflects a stable financial position with moderate growth and profitability. The technical analysis indicates positive momentum, while the valuation suggests the stock is somewhat expensive. The earnings call provided a mixed outlook, with challenges in the wholesale segment but strong performance in direct-to-consumer sales and a positive Q4 outlook.

Positive Factors

Direct-to-Consumer Growth

Strong growth in the direct-to-consumer segment indicates successful adaptation to consumer trends, enhancing long-term revenue stability.

Successful Acquisition Integration

Effective integration of acquisitions like Kurt Geiger boosts market presence and diversifies revenue streams, supporting sustainable growth.

Improved Gross Margin

Higher gross margins reflect better cost management and pricing strategies, contributing to long-term profitability and competitive advantage.

Negative Factors

Tariff-Related Challenges

High tariffs on imports create cost pressures and revenue challenges, potentially impacting long-term profitability in the wholesale segment.

Decrease in Wholesale Revenue

Declining wholesale revenue suggests potential market share loss and highlights challenges in maintaining traditional distribution channels.

Increased Operating Expenses

Rising operating expenses can erode profit margins, indicating potential inefficiencies that may impact long-term financial health.

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 shows robust revenue growth and solid cash flow management, crucial for sustaining operations. However, declining profitability metrics and increased leverage are concerns. The company needs to improve operational efficiency and control costs to enhance margins and profitability.

Income Statement

Steven Madden has demonstrated consistent revenue growth, with a notable increase from $1.86 billion in 2021 to $2.32 billion in TTM (Trailing-Twelve-Months) 2025. The Gross Profit Margin stands at 40.9% TTM, indicating solid profitability. However, the Net Profit Margin has decreased to 4.0% in TTM 2025 from 9.3% in 2021, which could be a concern. The EBIT Margin at 5.8% in TTM also shows a decline, indicating increased operational costs.

Balance Sheet

The company's Debt-to-Equity Ratio increased from 0.13 in 2021 to 0.42 in TTM 2025, reflecting increased leverage. However, the Equity Ratio remains strong at 44.0% in TTM, reflecting balanced financial stability. Return on Equity decreased from 23.5% in 2021 to 11.1% in TTM 2025, indicating reduced profitability.

Cash Flow

The Free Cash Flow remains strong, although it decreased from $249.5 million in 2022 to $132.7 million in TTM 2025. The Operating Cash Flow to Net Income Ratio in TTM is strong, reflecting efficient cash conversion, though there has been a decrease in free cash flow growth.

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	109.70M	258.01M	235.24M	302.22M	257.28M	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	349.79M	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: 37.32
• 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 37.32 is above the 20-day moving average (MA) of 34.63, above the 50-day MA of 32.96, and above the 200-day MA of 28.50, indicating a bullish trend. The MACD of 0.48 indicates Positive momentum. The RSI at 66.36 is Neutral, neither overbought nor oversold. The STOCH value of 36.45 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	70 Outperform	$213.07M	10.42	8.67%	2.12%	4.13%	53.56%
WEYS	70 Outperform	$269.01M	11.13	9.57%	9.76%	-3.64%	-16.12%
SHOO	69 Neutral	$2.39B	25.83	11.09%	2.25%	7.80%	-48.10%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
WWW	59 Neutral	$1.79B	21.34	27.52%	1.72%	-2.83%	―
CAL	56 Neutral	$351.97M	5.97	9.50%	2.46%	-5.31%	-62.20%
VRA	47 Neutral	$65.37M	―	-43.20%	―	-31.07%	-8386.91%

Steven Madden Corporate Events

Steven Madden Reports Q3 2025 Earnings with Revenue Growth

Steven Madden, Ltd. is a prominent designer and marketer of fashion-forward footwear, accessories, and apparel, operating in the retail and wholesale sectors with a diverse range of brands and a strong presence in both physical and online retail spaces.

Steve Madden’s Earnings Call: Mixed Sentiment Amid Challenges

The recent earnings call for Steve Madden presented a mixed sentiment, highlighting both challenges and opportunities. While the company faced significant hurdles due to tariffs impacting wholesale revenue and net income, there were notable successes in the direct-to-consumer segment and the integration of Kurt Geiger, which bodes well for the fourth quarter.

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.

The most recent analyst rating on (SHOO) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Steven Madden stock, see the SHOO Stock Forecast page.