Steven Madden, Ltd.

Valuation Analysis

About the Company

Steven Madden, Ltd. designs, sources, and markets fashion-forward branded and private label footwear, accessories, and apparel in the United States and internationally. It operates through Wholesale Footwear, Wholesale Accessories/Apparel, Direct-to- Consumer, and Licensing segments. The company designs, sources, and markets various products, including dress shoes, boots, booties, fashion sneakers, sandals, and casual shoes; and handbags, apparel, small leather goods, belts, soft accessories, fashion scarves, wraps, gifting, and other accessories. It also engages in the sale of footwear, handbags, apparel, and other accessories. In addition, the company is involved in the licensing of the Steve Madden, Kurt Geiger, and Betsey Johnson trademarks for the sale of select apparel, accessory, ho

Steven Madden, Ltd. Stock at a Glance

Steven Madden, Ltd. (SHOO) is currently trading at $46.15 with a market capitalization of $3.4B. The trailing P/E ratio stands at 43.54x, with a forward P/E of 17.13x. The 52-week range spans from $22.26 to $46.88; the current price is 1.6% below the yearly high. Year-over-year revenue growth stands at +18.0%. The net profit margin stands at 2.89%.

💰 Dividend

Steven Madden, Ltd. pays an annual dividend of $0.84 per share, representing a yield of 1.82%. The payout ratio stands at 79.25%.

📊 Analyst Rating

9 analysts rate Steven Madden, Ltd. (SHOO) on consensus: Buy. The average price target is $46.78, implying +1.36% from the current price. Analyst price targets range from $31.00 to $54.00.

Steven Madden, Ltd.: The Investment Case in Detail

Steven Madden, Ltd. (SHOO) operates in the Consumer Cyclical — specifically Footwear & Accessories — and is headquartered in United States. Below is a structured read of the investment case built directly from the latest fundamentals, valuation multiples, analyst positioning and smart-money flows. Each section translates raw numbers into the investment logic they imply, so you can decide whether the risk/reward fits your portfolio.

The Bull Case

Revenue is growing at a healthy 18% pace year-over-year, suggesting the business model continues to find new customers and pricing power. Earnings growth of 75.4% is outpacing revenue, a sign of operational leverage — fixed costs are being absorbed across a larger base. The combination of a 46% gross margin and 15.53% operating margin shows the business converts revenue into profit efficiently — a hallmark of competitive moat.

The Bear Case

With a net margin of just 2.89%, the business has little room to absorb cost shocks or pricing pressure — a single bad quarter can swing the company to a loss. Our valuation screen flags the stock as overvalued — current multiples imply the business needs to deliver well above its recent trajectory to justify the price.

What to Watch Next

• The forward P/E of 17.13x is meaningfully below the trailing 43.54x — analysts expect earnings to step up; the next earnings release is the test.
• The share is trading at 97% of its 52-week range — a break above the recent high opens technical upside, a failure here often invites profit-taking.

Investment Thesis: Strengths & Weaknesses

Technical Snapshot

Price trades above both the 50- and 200-day moving averages, with 50d above 200d — a classic bullish setup (golden-cross alignment).

Risk Profile

The data points to market-like volatility, elevated short interest (8.51%).

Trading Data

💵 Dividend Info

Related Stocks in the Same Sector

Where can I buy Steven Madden, Ltd.?

Compare top-rated brokers — low fees, trusted providers, fully regulated.