Steven Madden, Ltd. designs, sources, markets, and sells fashion-forward branded and private label footwear for women, men, and children in the United States and internationally.
Steven Madden Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$39.68|
|52 Week High||US$18.47|
|52 Week Low||US$45.87|
|1 Month Change||0.076%|
|3 Month Change||-5.57%|
|1 Year Change||96.44%|
|3 Year Change||5.25%|
|5 Year Change||69.77%|
|Change since IPO||3,851.74%|
Recent News & Updates
What Does Steven Madden, Ltd.'s (NASDAQ:SHOO) Share Price Indicate?
While Steven Madden, Ltd. ( NASDAQ:SHOO ) might not be the most widely known stock at the moment, it saw significant...
Steven Madden's (NASDAQ:SHOO) Robust Earnings Are Supported By Other Strong Factors
Steven Madden, Ltd. ( NASDAQ:SHOO ) just reported healthy earnings but the stock price didn't move much. We think that...
Results: Steven Madden, Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts
Steven Madden, Ltd. ( NASDAQ:SHOO ) investors will be delighted, with the company turning in some strong numbers with...
|SHOO||US Luxury||US Market|
Return vs Industry: SHOO exceeded the US Luxury industry which returned 42.8% over the past year.
Return vs Market: SHOO exceeded the US Market which returned 33.8% over the past year.
Stable Share Price: SHOO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SHOO's weekly volatility (4%) has been stable over the past year.
About the Company
Steven Madden, Ltd. designs, sources, markets, and sells fashion-forward branded and private label footwear for women, men, and children in the United States and internationally. Its Wholesale Footwear segment provides footwear under the Steve Madden Women's, Madden Girl, Steve Madden Men's, Madden, Steven, Steve Madden Kids, Betsey Johnson, Report, Mad Love, Blondo, GREATS, and Anne Klein brands, as well as private label footwear. The company’s Wholesale Accessories segment offers Steve Madden, Steven by Steve Madden, Madden Girl, Betsey Johnson, Big Buddha, Anne Klein, Luv Betsey, BB Dakota, BB Dakota x Steve Madden, and Cupcakes & Cashmere brands; private label fashion handbags and accessories to department stores, mass merchants, value priced retailers, online retailers, and specialty stores; and cold weather accessories, fashion scarves, wraps, and other trend accessories primarily under the Steve Madden, BB Dakota, Cejon, Betsey Johnson, and Big Buddha brand names, as well as private labels to department stores and specialty stores.
Is Steven Madden undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SHOO ($39.68) is trading below our estimate of fair value ($80.53)
Significantly Below Fair Value: SHOO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SHOO is poor value based on its PE Ratio (44.1x) compared to the US Luxury industry average (17.6x).
PE vs Market: SHOO is poor value based on its PE Ratio (44.1x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: SHOO is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: SHOO is overvalued based on its PB Ratio (4.2x) compared to the US Luxury industry average (1.9x).
How is Steven Madden forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SHOO's forecast earnings growth (22.6% per year) is above the savings rate (2%).
Earnings vs Market: SHOO's earnings (22.6% per year) are forecast to grow faster than the US market (14.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SHOO's revenue (8.3% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: SHOO's revenue (8.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SHOO's Return on Equity is forecast to be high in 3 years time (24.2%)
How has Steven Madden performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SHOO has a large one-off loss of $62.6M impacting its June 30 2021 financial results.
Growing Profit Margin: SHOO's current net profit margins (5.1%) are higher than last year (2.5%).
Past Earnings Growth Analysis
Earnings Trend: SHOO's earnings have declined by 19.8% per year over the past 5 years.
Accelerating Growth: SHOO's earnings growth over the past year (103.7%) exceeds its 5-year average (-19.8% per year).
Earnings vs Industry: SHOO earnings growth over the past year (103.7%) exceeded the Luxury industry 79.5%.
Return on Equity
High ROE: SHOO's Return on Equity (9.8%) is considered low.
How is Steven Madden's financial position?
Financial Position Analysis
Short Term Liabilities: SHOO's short term assets ($743.8M) exceed its short term liabilities ($279.2M).
Long Term Liabilities: SHOO's short term assets ($743.8M) exceed its long term liabilities ($111.5M).
Debt to Equity History and Analysis
Debt Level: SHOO is debt free.
Reducing Debt: SHOO had no debt 5 years ago.
Debt Coverage: SHOO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SHOO has no debt, therefore coverage of interest payments is not a concern.
What is Steven Madden current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SHOO's dividend (1.51%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: SHOO's dividend (1.51%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: SHOO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SHOO's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.1%), SHOO's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SHOO's dividends in 3 years are forecast to be well covered by earnings (22.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ed Rosenfeld (45 yo)
Mr. Edward R. Rosenfeld, also known as Ed, has been Chief Executive Officer of Steven Madden, Ltd. since August 8, 2008. Mr. Rosenfeld served as Interim Chief Executive Officer of Steven Madden Ltd.since...
CEO Compensation Analysis
Compensation vs Market: Ed's total compensation ($USD2.87M) is below average for companies of similar size in the US market ($USD5.27M).
Compensation vs Earnings: Ed's compensation has been consistent with company performance over the past year.
Experienced Management: SHOO's management team is seasoned and experienced (6 years average tenure).
Experienced Board: SHOO's board of directors are considered experienced (7.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SHOO insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Steven Madden, Ltd.'s employee growth, exchange listings and data sources
- Name: Steven Madden, Ltd.
- Ticker: SHOO
- Exchange: NasdaqGS
- Founded: 1990
- Industry: Footwear
- Sector: Consumer Durables
- Market Cap: US$3.252b
- Shares outstanding: 81.95m
- Website: https://www.stevemadden.com
Number of Employees
- Steven Madden, Ltd.
- 52-16 Barnett Avenue
- Long Island City
- New York
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/18 22:02|
|End of Day Share Price||2021/09/17 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.