Steven Madden (NASDAQ:SHOO) Stock, Quote.Headers.trade-ideas

Steven Madden

Steven Madden Ltd designs and sells brand-name and private-label footwear and accessories. Its products are geared toward fashion-conscious adults and children. The company sells its products through department stores and other retailers as well as its own stores and websites. The company's revenue comes from its operating segments: Wholesale Footwear, Wholesale Accessories or Apparel, Direct-to-Consumer, and Licensing. The wholesale footwear segment accounts for the majority of revenue.

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McDonald&#39;s To $290? Here Are 10 Top Analyst Forecasts For Tuesday

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Steven Madden Ltd

Needham analyst Tom Nikic reiterates Steven Madden (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOO#NASDAQ">SHOO</a>) from Hold to Hold.

Reiteration

Needham Reiterates Hold on Steven Maddento Hold

Citigroup analyst Paul Lejuez maintains Steven Madden (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOO#NASDAQ">SHOO</a>) with a Neutral and lowers the price target from $45 to $38.

Citigroup Maintains Neutral on Steven Madden, Lowers Price Target to $38

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Stephens &amp; Co. raised Tyson Foods, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>) price target from $60 to $63. Stephens &amp; Co. analyst Pooran Sharma maintained an Equal-Weight rating. Tyson shares closed at $57.74 on Monday. <a href="https://www.benzinga.com/quote/TSN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Cantor Fitzgerald raised the price target for Bristol-Myers Squibb Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</a>) from $50 to $55. Cantor Fitzgerald analyst Olivia Brayer maintained a Neutral rating. Bristol-Myers Squibb shares closed at $59.95 on Monday. <a href="https://www.benzinga.com/quote/BMY/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wells Fargo raised Marriott International, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>) price target from $262 to $285. Wells Fargo analyst Daniel Politzer maintained an Equal-Weight rating. Marriott shares closed at $290.46 on Monday. <a href="https://www.benzinga.com/quote/MAR/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Cantor Fitzgerald raised the price target for Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) from $72 to $98. Cantor Fitzgerald analyst Thomas Blakey maintained a Neutral rating. Palantir shares closed at $83.74 on Monday. <a href="https://www.benzinga.com/quote/PLTR/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Piper Sandler cut the price target for Steven Madden, Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOO#NASDAQ">SHOO</a>) from $45 to $40. Piper Sandler analyst Anna Andreeva maintained a Neutral rating. Steven Madden shares closed at $38.32 on Monday. <a href="https://www.benzinga.com/quote/SHOO/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley cut L3Harris Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>) price target from $260 to $250. Morgan Stanley analyst Kristine Liwag maintained an Equal-Weight rating. L3Harris shares settled at $212.78 on Monday. <a href="https://www.benzinga.com/quote/LHX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays raised Baker Hughes Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NYSE">BKR</a>) price target from $51 to $55. Barclays analyst David Anderson maintained an Overweight rating. Baker Hughes shares closed at $47.40 on Monday. <a href="https://www.benzinga.com/quote/BKR/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird cut AECOM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACM#NYSE">ACM</a>) price target from $125 to $17. Baird analyst Andrew Wittmann maintained an Outperform rating. AECOM shares closed at $103.85 on Monday.  <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Rosenblatt raised the price target for Fabrinet (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FN#NYSE">FN</a>) from $280 to $285. Rosenblatt analyst Mike Genovese maintained a Buy rating. Fabrinet shares settled at $225.60 on Monday. <a href="https://www.benzinga.com/quote/FN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler cut McDonald&#8217;s Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) price target from $297 to $290. Piper Sandler analyst Aisling Grueninger maintained a Neutral rating. McDonald&#8217;s shares closed at $290.05 on Monday. <a href="https://www.benzinga.com/quote/MCD/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
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McDonald's To $290? Here Are 10 Top Analyst Forecasts For Tuesday

Piper Sandler analyst Anna Andreeva maintains Steven Madden (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOO#NASDAQ">SHOO</a>) with a Neutral and lowers the price target from $45 to $40.

Piper Sandler Maintains Neutral on Steven Madden, Lowers Price Target to $40

Steven Madden (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOO#NASDAQ">SHOO</a>) has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Steven Madden, revealing an average target of $47.25, a high estimate of $50.00, and a low estimate of $44.00. Observing a downward trend, the current average is 2.07% lower than the prior average price target of $48.25. 
<img src="https://www.benzinga.com/files/images/story/2025/1738670435_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
The standing of Steven Madden among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$44.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$50.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Paul Lejuez</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$45.00</td>
<td>$43.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$50.00</td>
<td>$50.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Steven Madden. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Steven Madden compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Steven Madden's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
To gain a panoramic view of Steven Madden's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/SHOO/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Steven Madden analyst ratings.</a>
<h2>Get to Know Steven Madden Better</h2>
Steven Madden Ltd designs and sells brand-name and private-label footwear and accessories. Its products are geared toward fashion-conscious adults and children. The company sells its products through department stores and other retailers as well as its own stores and websites. The company's revenue comes from its operating segments: Wholesale Footwear, Wholesale Accessories or Apparel, Direct-to-Consumer, and Licensing. The wholesale footwear segment accounts for the majority of revenue.
<h3>Steven Madden's Financial Performance</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Steven Madden's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 13.02%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Steven Madden's net margin excels beyond industry benchmarks, reaching 8.85%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Steven Madden's ROE stands out, surpassing industry averages. With an impressive ROE of 6.73%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Steven Madden's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.9% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Steven Madden's debt-to-equity ratio is below the industry average at 0.19, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>Analyst Ratings: Simplified</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Where Steven Madden Stands With Analysts

Telsey Advisory Group analyst Dana Telsey maintains Steven Madden (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOO#NASDAQ">SHOO</a>) with a Market Perform and lowers the price target from $50 to $44.

Telsey Advisory Group Maintains Market Perform on Steven Madden, Lowers Price Target to $44

&nbsp;Shares of retail stocks are trading lower as investors evaluate U.S. tariff risks which may negatively impact industry revenues.&nbsp;
&nbsp;Shares of retail stocks are trading lower as investors evaluate U.S. tariff risks which may negatively impact industry revenues.&nbsp;

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Shares of retail and apparel stocks are trading lower as investors evaluate U.S. tariff risks which may hinder industry sales.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/06/24</td>
<td>$355.00</td>
<td>$26.2K</td>
<td>11.1K</td>
<td>38.5K</td>
</tr>
<tr>
<td>SBUX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$100.00</td>
<td>$53.9K</td>
<td>13.1K</td>
<td>1.5K</td>
</tr>
<tr>
<td>WSM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$190.00</td>
<td>$27.1K</td>
<td>2.2K</td>
<td>1.2K</td>
</tr>
<tr>
<td>SHOO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$45.00</td>
<td>$55.0K</td>
<td>3.6K</td>
<td>1.0K</td>
</tr>
<tr>
<td>DAN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$12.00</td>
<td>$30.3K</td>
<td>13</td>
<td>1.0K</td>
</tr>
<tr>
<td>PVH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$115.00</td>
<td>$33.3K</td>
<td>980</td>
<td>545</td>
</tr>
<tr>
<td>GME</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$32.00</td>
<td>$34.5K</td>
<td>2.1K</td>
<td>449</td>
</tr>
<tr>
<td>PDD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/13/24</td>
<td>$97.00</td>
<td>$61.8K</td>
<td>335</td>
<td>243</td>
</tr>
<tr>
<td>CPNG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$27.00</td>
<td>$26.2K</td>
<td>484</td>
<td>135</td>
</tr>
<tr>
<td>CROX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$110.00</td>
<td>$88.0K</td>
<td>1.4K</td>
<td>127</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on December 6, 2024. Parties traded 69 contract(s) at a $355.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $26.2K, with a price of $380.0 per contract. There were 11199 open contracts at this strike prior to today, and today 38566 contract(s) were bought and sold. 
• Regarding SBUX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), we observe a call option sweep with bearish sentiment. It expires in 44 day(s) on January 17, 2025. Parties traded 135 contract(s) at a $100.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $53.9K, with a price of $400.0 per contract. There were 13139 open contracts at this strike prior to today, and today 1565 contract(s) were bought and sold. 
• For WSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSM#NYSE">WSM</a>), we notice a call option sweep that happens to be bullish, expiring in 16 day(s) on December 20, 2024. This event was a transfer of 68 contract(s) at a $190.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $27.1K, with a price of $400.0 per contract. There were 2211 open contracts at this strike prior to today, and today 1251 contract(s) were bought and sold. 
• For SHOO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOO#NASDAQ">SHOO</a>), we notice a put option trade that happens to be bullish, expiring in 16 day(s) on December 20, 2024. This event was a transfer of 1000 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $55.0K, with a price of $55.0 per contract. There were 3664 open contracts at this strike prior to today, and today 1008 contract(s) were bought and sold. 
• For DAN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAN#NYSE">DAN</a>), we notice a put option trade that happens to be bearish, expiring in 198 day(s) on June 20, 2025. This event was a transfer of 202 contract(s) at a $12.00 strike. The total cost received by the writing party (or parties) was $30.3K, with a price of $150.0 per contract. There were 13 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold. 
• For PVH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>), we notice a call option sweep that happens to be bearish, expiring in 16 day(s) on December 20, 2024. This event was a transfer of 71 contract(s) at a $115.00 strike. This particular call needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $33.3K, with a price of $470.0 per contract. There were 980 open contracts at this strike prior to today, and today 545 contract(s) were bought and sold. 
• Regarding GME (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>), we observe a call option sweep with bullish sentiment. It expires in 44 day(s) on January 17, 2025. Parties traded 108 contract(s) at a $32.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $34.5K, with a price of $320.0 per contract. There were 2155 open contracts at this strike prior to today, and today 449 contract(s) were bought and sold. 
• For PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on December 13, 2024. This event was a transfer of 220 contract(s) at a $97.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $61.8K, with a price of $281.0 per contract. There were 335 open contracts at this strike prior to today, and today 243 contract(s) were bought and sold. 
• Regarding CPNG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPNG#NYSE">CPNG</a>), we observe a put option sweep with bullish sentiment. It expires in 79 day(s) on February 21, 2025. Parties traded 72 contract(s) at a $27.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $26.2K, with a price of $365.0 per contract. There were 484 open contracts at this strike prior to today, and today 135 contract(s) were bought and sold. 
• Regarding CROX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CROX#NASDAQ">CROX</a>), we observe a call option trade with bearish sentiment. It expires in 44 day(s) on January 17, 2025. Parties traded 100 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $88.0K, with a price of $880.0 per contract. There were 1419 open contracts at this strike prior to today, and today 127 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

CPNG

CROX

Citigourp Global Markets 2% Protected Notes Linked To The Djia

SBUX

TSLA

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

Analysts' ratings for Steven Madden (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOO#NASDAQ">SHOO</a>) over the last quarter vary from bullish to bearish, as provided by 4 analysts.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $48.75, with a high estimate of $50.00 and a low estimate of $45.00. This upward trend is evident, with the current average reflecting a 1.04% increase from the previous average price target of $48.25.
<img src="https://www.benzinga.com/files/images/story/2024/1732276827_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Steven Madden. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$50.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Paul Lejuez</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$45.00</td>
<td>$43.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$50.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$50.00</td>
<td>$50.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Steven Madden. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Steven Madden compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Steven Madden's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Steven Madden's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/SHOO/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Steven Madden analyst ratings.</a>
<h2>Get to Know Steven Madden Better</h2>
Steven Madden Ltd designs and sells brand-name and private-label footwear and accessories. Its products are geared toward fashion-conscious adults and children. The company sells its products through department stores and other retailers as well as its own stores and websites. The company's revenue comes from its operating segments: Wholesale Footwear, Wholesale Accessories or Apparel, Direct-to-Consumer, and Licensing. The wholesale footwear segment accounts for the majority of revenue.
<h3>Steven Madden: Delving into Financials</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Positive Revenue Trend: Examining Steven Madden's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 13.02% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Steven Madden's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 8.85%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Steven Madden's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 6.73% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Steven Madden's ROA excels beyond industry benchmarks, reaching 3.9%. This signifies efficient management of assets and strong financial health.
Debt Management: Steven Madden's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.19.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Forecasting The Future: 4 Analyst Projections For Steven Madden

Needham analyst Tom Nikic initiates coverage on Steven Madden (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOO#NASDAQ">SHOO</a>) with a Hold rating.

Initiation

Needham Initiates Coverage On Steven Madden with Hold Rating

President-elect Donald Trump&#8217;s proposed tariffs have already <a href="https://www.benzinga.com/news/24/11/41871407/trumps-tariffs-deportations-and-tax-cuts-may-push-prices-higher-experts-say-its-pretty-clear">begun to upend businesses</a> in several industries and many are taking action to safeguard their profits. The tariffs, which include a 10-20% tax on all imports and a potential <a href="https://www.benzinga.com/news/global/24/11/41870809/china-may-benefit-from-trumps-return-to-white-house-despite-his-tariff-plans-says-expert-short-term-pain-but-potentially-long-term-strategic-gain">60-100% on goods from China</a>, are causing significant concern – and the costs are likely coming right to consumers' wallets.
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Philip Daniele, the CEO of AutoZone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>), has stated unequivocally that if these tariffs are imposed, consumers will bear the expense. On a recent earnings call, Daniele said, &#8220;If we get tariffs, we will pass those tariff costs back to the consumer.&#8221; The company expects to raise prices even before the tariffs take effect, anticipating how these new policies will impact its margins.
<h2 class="wp-block-heading">Who Else Is Raising Prices?</h2>
Many other businesses, particularly those that depend significantly on foreign suppliers, are also preparing for possible price increases, so AutoZone is not the only company preparing for these changes.&nbsp;
Steve Madden (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOO#NASDAQ">SHOO</a>) is one of the first companies to make a move. The shoe retailer, which sources 70% of its products from China, <a href="https://www.benzinga.com/24/11/41862692/steve-madden-announces-plans-to-move-production-to-avoid-trump-tariffs-but-theres-a-catch">announced that it will cut its reliance</a> on Chinese production by half, moving to places like Vietnam, Cambodia and Mexico. Even with these changes, customers should anticipate price increases as Steve Madden manages the higher expenses related to the effects of tariffs and changing supply chains.
Trending: ‘Scrolling to UBI': Deloitte's #1 fastest-growing software company allows users to earn money on their phones –<a href="https://www.benzinga.com/money/mode-mobile-2"> invest today with $1,000 for just $0.25/share</a>
Columbia Sportswear (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLM#NASDAQ">COLM</a>) also raised concerns about how tariffs would make it more difficult to maintain the affordability of its products. According to CEO Tim Boyle, the company may be forced to raise prices to cover the additional tariff charges.&nbsp;
The <a href="https://www.benzinga.com/news/24/11/41737933/trump-tariff-proposed-may-cost-americans-78b-in-spending-study">National Retail Federation</a> expressed similar views, describing the tariffs as &#8220;a tax on American families&#8221; and warning that the cost of daily goods like furniture, shoes and clothes might rise sharply.
According to their research, a $90 pair of sneakers might cost $106-116 and a $100 coat could cost up to $21 more. Footwear companies, in particular, are worried – since nearly 99% of all shoes sold in the U.S. are made abroad, it will be tough to move production to the U.S. anytime soon.
See Also: With over 7.8K investors including Meta, Google and Amazon Execs – this AI start-up's valuation has skyrocketed from $5 million to $85 million in just three years. <a href="https://www.benzinga.com/money/rad-ai">Be an early investor with just $1,000 for only $0.50/share today before the offer closes in 2 weeks.</a>
<a href="https://www.benzinga.com/news/earnings/24/10/41599361/stanley-black-decker-q3-earnings-revenue-misses-cost-savings-drive-margin-gains-narrows-2024-eps-gu">Stanley Black &amp; Decker</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SWK#NYSE">SWK</a>) is another company planning to deal with the potential impact of tariffs. According to CEO Donald Allan Jr., the company has been considering several options, but manufacturing their goods in the United States isn&#8217;t considered practical because of financial difficulties. Rather, they will probably pass on any higher expenses to customers. &#8220;And obviously, coming out of the gate, there would be price increases associated with tariffs that we put into the market,&#8221; Allan stated.
Even dollar stores aren&#8217;t immune. <a href="https://www.benzinga.com/insights/analyst-ratings/24/10/41451898/what-analysts-are-saying-about-dollar-tree-stock">Dollar Tree</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTR#NASDAQ">DLTR</a>), which imports many of its items from China, might have to rethink its fixed-price-point model of $1.25 per item if tariffs increase costs too much. Like other importers, the company faces a difficult choice – absorb higher costs, which would hit profits or raise prices, which could challenge its value-focused business model.
For now, many companies are waiting to see what will actually happen with the proposed tariffs, but one thing is clear – if they do go into effect, the cost of imports will rise and those increases will most likely reach consumers.
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"We Will Pass Those Tariff Costs Back To The Consumer," Says CEO Of AutoZone. Here's A Look At Other Companies Raising Prices

Telsey Advisory Group analyst Dana Telsey maintains Steven Madden (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOO#NASDAQ">SHOO</a>) with a Market Perform and maintains $50 price target.

Telsey Advisory Group Maintains Market Perform on Steven Madden, Maintains $50 Price Target

China may view President-elect Donald Trump&#8217;s return to the White House as an opportunity for strategic advantage despite immediate economic challenges, according to a leading China expert.
What Happened: Elizabeth Economy, a senior fellow at the Hoover Institution, <a href="https://x.com/BloombergTV/status/1855626514500333605">told</a> Bloomberg TV that while Trump&#8217;s proposed 60% tariffs would significantly impact China&#8217;s economy, the longer-term implications could favor Beijing&#8217;s global ambitions.
&#8220;China is probably looking at the return of Donald Trump as short-term pain, but potentially long-term strategic gain,&#8221; Economy said. She estimated that China would need to find new markets for approximately $200 billion in exports if Trump&#8217;s tariff plans materialize.
The trade restrictions would hit China particularly hard given its current economic struggles, Economy noted. However, she suggested that Trump&#8217;s potential impact on America&#8217;s global leadership role could ultimately benefit China&#8217;s strategic interests.
Economy emphasized that Trump&#8217;s presidency could weaken the United States&#8217; traditional position as a major security guarantor, free trade advocate, and democracy supporter on the world stage – areas where China seeks to expand its influence.&#8221;It opens up an opportunity for [Chinese Prsident] Xi Jinping to fill the gap to step into the bridge,&#8221; Economy said. 
See Also: <a href="https://www.benzinga.com/news/large-cap/24/11/41826586/wall-street-closes-at-record-highs-after-reassurance-from-powell-magnificent-7-hit-17-trillion-tre?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Wall Street Hits Record Highs After Powell&#8217;s Speech, Lifts Magnificent 7 Stocks To $17 Trillion In Historic Trading</a>
Why It Matters: Trump&#8217;s return has already <a href="https://www.benzinga.com/24/11/41867397/xi-jinping-courts-us-allies-to-counter-trumps-trade-threats-report">prompted reactions from China</a>, as seen in recent moves by Chinese leadership. China is actively engaging U.S. allies in Europe and Asia to mitigate the impact of Trump&#8217;s proposed tariffs, which could be as high as 60% on Chinese imports. This strategy includes offering tariff cuts and visa exemptions to these allies.
Additionally, the U.S. has taken steps to curb China&#8217;s technological advancements. A report reveals that the U.S. has asked Taiwan Semiconductor Manufacturing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) to halt shipments of advanced chips to China, further <a href="https://www.benzinga.com/24/11/41867470/us-asks-tsmc-to-stop-shipment-of-chips-used-in-ai-applications-to-customers-from-china-after-its-chip-was-found-in-huawei-ai-processor">complicating China&#8217;s economic landscape</a>.
Furthermore, companies like Steve Madden Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOO#NASDAQ">SHOO</a>) are <a href="https://www.benzinga.com/24/11/41862692/steve-madden-announces-plans-to-move-production-to-avoid-trump-tariffs-but-theres-a-catch">already adjusting their strategies</a> to avoid potential tariffs by reducing manufacturing in China and shifting production to other countries.
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Image Via Shutterstock 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

China May Benefit From Trump's Return To White House Despite His Tariff Plans, Says Expert: 'Short-Term pain, But Potentially Long-Term Strategic Gain'

Steve Madden Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOO#NASDAQ">SHOO</a>), a major player in the footwear industry valued at $3 billion, has announced plans to significantly reduce its manufacturing operations in China. This strategic shift is in response to President-elect Donald Trump&#8217;s <a href="https://www.benzinga.com/news/24/11/41737933/trump-tariff-proposed-may-cost-americans-78b-in-spending-study">proposed tariffs on Chinese imports</a>.
What Happened: CEO Edward Rosenfeld revealed that the company intends to cut its production in China by half, as reported by<a href="https://edition.cnn.com/2024/11/08/economy/steve-madden-china-trump-tariffs/index.html"> CNN</a>. Currently, 70% of Steve Madden&#8217;s imports come from China.
The company plans to decrease this to between 40% and 45% over the next year by shifting production to countries like Cambodia, Vietnam, Mexico, and Brazil. This strategy aims to circumvent the potential tariffs, which could reach up to 60% on Chinese goods.
See Also:<a href="https://www.benzinga.com/markets/equities/24/11/41767332/trumps-potential-return-to-white-house-sends-ex-president-linked-phunware-stock-upwards-during-p?itm_source=parsely-api"> Trump&#8217;s Potential Return To White House Sends Ex-President Linked Phunware Stock Upwards During Pre-Market Hours</a>
Why It Matters: The decision by Steve Madden to move production is part of a broader response to President-elect Trump&#8217;s aggressive tariff proposals.
Trump has <a href="https://www.benzinga.com/news/large-cap/24/11/41774549/trumps-big-tech-policies-what-gop-victory-means-for-apple-google-microsoft">suggested imposing a 20% tariff</a> on all imports and even higher rates on Chinese goods. This has raised concerns among companies heavily reliant on Chinese manufacturing, such as Apple Inc. and others, about potential cost increases that might be passed on to consumers.
Furthermore, a<a href="https://www.benzinga.com/news/24/11/41737933/trump-tariff-proposed-may-cost-americans-78b-in-spending-study"> study by the National Retail Federation</a> warns that these tariffs could lead to a significant reduction in consumer spending, potentially costing Americans $78 billion annually. The study highlights the impact on essential items like apparel and appliances, which could see price hikes, disproportionately affecting low-income families.
Economist <a href="https://www.benzinga.com/news/24/11/41795320/trumps-20-tariff-plans-could-unleash-wave-of-spending-on-big-ticket-buys-in-holiday-quarter-says-eco">Justin Wolfers</a> thinks that the anticipation of these tariffs might drive a surge in consumer spending on big-ticket items in the short term as people rush to make purchases before the tariffs take effect.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Wikimedia Commons

Equities

Markets

Steve Madden Announces Plans To Move Production To Avoid Trump Tariffs, But There's A Catch

Citigroup analyst Paul Lejuez maintains Steven Madden (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOO#NASDAQ">SHOO</a>) with a Neutral and raises the price target from $43 to $45.

Citigroup Maintains Neutral on Steven Madden, Raises Price Target to $45

Steven Madden, Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOO#NASDAQ">SHOO</a>) shares are trading lower on Thursday. The company reported third-quarter adjusted EPS of 91 cents, <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">beating the Wall Street View of 89 cents.</a>
Quarterly revenues of&nbsp;$624.7 million&nbsp;surpassed the analyst consensus of&nbsp;$607.9 million. Revenue <a href="https://www.benzinga.com/earnings">increased&nbsp;13.0%&nbsp;year over year</a>.
Direct-to-consumer revenue was&nbsp;$125.5&nbsp;million, a&nbsp;7.8%&nbsp;increase year over year. Revenue for the wholesale business was&nbsp;$495.7&nbsp;million, a&nbsp;14.4%&nbsp;increase year over year.
Gross profit as a percentage of revenue was&nbsp;41.5%&nbsp;compared to&nbsp;42.1%&nbsp;in the same period of 2022. Adjusted operating expenses as a percentage of revenue were&nbsp;27.9%&nbsp;compared to&nbsp;27.0%&nbsp;in the same period of 2022.
The company ended the quarter with 282&nbsp;company-operated brick-and-mortar retail stores and five e-commerce websites, as well as 67 company-operated concessions in international markets.
As of Sept. 30, cash and equivalents and short-term investments totaled $150.5 million. Inventory totaled $268.7 million as of the same date.
Dividend: The company approved a quarterly cash dividend of 21 cents per share. The dividend is payable on Dec. 27, to stockholders of record on Dec. 13.
Buyback: The company repurchased shares worth $20.2 million, which includes shares acquired through the net settlement of employees&#8217; stock awards.
Outlook:&nbsp;Steve Madden raised its FY24 revenue guidance to a 13%-14% increase (up from 11%-13%) and now expects adjusted EPS to be in the range of $2.62-$2.67, up from the prior range of $2.55-$2.65. The consensus <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">estimate for adjusted EPS is $2.64</a>.
Edward Rosenfeld, chairman and chief executive officer, said, &#8220;This performance was driven by outstanding growth in the accessories and apparel categories – including another quarter of exceptional performance in Steve Madden handbags and a strong contribution from newly acquired Almost Famous – and robust top line gains in international markets and direct-to-consumer channels, demonstrating our team&#8217;s strong execution of our key strategic initiatives.&#8221;
Price Action: SHOO shares are up 1.1% at $44.75 at last check Thursday.
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Photo via Wikimedia Commons

Earnings

Mid Cap

Guidance

Steve Madden Q3 Earnings Top Estimates As Revenue Jumps 13%, Lifts 2024 Outlook

Updated 2024 Outlook
For fiscal 2024, the Company now expects revenue will increase 13% to 14% compared to 2023. The Company now expects diluted EPS will be in the range of $2.36 to $2.41. The Company now expects Adjusted diluted EPS will be in the range of $2.62 to $2.67.

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