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Steven Madden Ltd has a consensus price target of $43.62 based on the ratings of 15 analysts. The high is $56 issued by Piper Sandler on December 6, 2021. The low is $32 issued by Loop Capital on February 14, 2023. The 3 most-recent analyst ratings were released by Citigroup, Telsey Advisory Group, and Telsey Advisory Group on November 8, 2024, November 7, 2024, and October 30, 2024, respectively. With an average price target of $48.33 between Citigroup, Telsey Advisory Group, and Telsey Advisory Group, there's an implied 7.48% upside for Steven Madden Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Steven Madden (NASDAQ:SHOO) was reported by Citigroup on November 8, 2024. The analyst firm set a price target for $45.00 expecting SHOO to rise to within 12 months (a possible 0.07% upside). 22 analyst firms have reported ratings in the last year.
The latest analyst rating for Steven Madden (NASDAQ:SHOO) was provided by Citigroup, and Steven Madden maintained their neutral rating.
The last upgrade for Steven Madden Ltd happened on April 13, 2023 when Citigroup raised their price target to $42. Citigroup previously had a neutral for Steven Madden Ltd.
The last downgrade for Steven Madden Ltd happened on February 21, 2024 when Williams Trading changed their price target from N/A to $44 for Steven Madden Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Steven Madden, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Steven Madden was filed on November 8, 2024 so you should expect the next rating to be made available sometime around November 8, 2025.
While ratings are subjective and will change, the latest Steven Madden (SHOO) rating was a maintained with a price target of $43.00 to $45.00. The current price Steven Madden (SHOO) is trading at is $44.97, which is within the analyst’s predicted range.
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