SHOO Steven Madden Ltd

Fort Washington Investment Advisors Inc. OH has increased its stake in Steven Madden, Ltd. (NASDAQ: SHOO) by 9.6%, acquiring an additional 47,113 shares, bringing their total holdings to 537,277 shares valued at approximately $17.99 million. Major financial institutions hold 99.88% of SHOO stock, and analysts maintain a "Moderate Buy" consensus with an average target price of $44.83, despite the company slightly missing Q3 EPS and revenue estimates and having a high PE ratio and elevated dividend payout ratio.

Harbor Capital Advisors Inc. significantly reduced its stake in Steven Madden, Ltd. (NASDAQ:SHOO) by 71.1% in Q3 2025, selling 143,455 shares and retaining 58,185 shares. Despite this trim, several other institutions, including Invesco, Millennium Management, Nixon Capital, Franklin Resources, and Wasatch Advisors, either increased or initiated positions in SHOO, bringing institutional ownership to approximately 99.88%. Steven Madden reported Q3 EPS of $0.43 and revenue of $667.9M, both slightly below estimates, and declared a quarterly dividend of $0.21.

Analysts have given Steven Madden, Ltd. (NASDAQ:SHOO) a consensus "Moderate Buy" rating, with an average 12-month price target of $44.83. This comes despite the company missing EPS and revenue estimates in its latest quarter, though revenue did grow year-over-year. Key analysts have reiterated or raised price targets, highlighting continued confidence in the stock.

Squarepoint Ops LLC significantly increased its stake in Steven Madden, Ltd. (NASDAQ:SHOO) by 799.9% in Q2, bringing its total to 200,652 shares valued at $4.81 million. Despite Steven Madden missing Q3 earnings and revenue estimates and having a high dividend payout ratio, analysts maintain a "Moderate Buy" consensus with an average target price of $44.00. Other institutional investors also adjusted their positions in the company.

This article analyzes Steve Madden's stock (SHOO) to determine if its recent price gains are justified. Using a Discounted Cash Flow (DCF) analysis, the stock appears significantly undervalued, while a Price to Earnings (PE) ratio comparison suggests it might be overvalued relative to its industry and fair value. The article encourages investors to use the "Narratives" framework to form their own conclusions based on their outlook for the company.

This article reviews the Q3 earnings season for the footwear industry, highlighting Steven Madden (NASDAQ:SHOO) and its peers. It analyzes revenue performance, EPS guidance, and stock reactions for companies like Nike (NYSE:NKE), Caleres (NYSE:CAL), Crocs (NASDAQ:CROX), and Wolverine Worldwide (NYSE:WWW). The piece also touches on general market conditions influenced by interest rates and political changes.