Steven Madden, Ltd.

NasdaqGS:SHOO Stock Report

Market Cap: US$3.2b

Steven Madden Future Growth

Future criteria checks 3/6

Steven Madden is forecast to grow earnings and revenue by 31.6% and 7.6% per annum respectively. EPS is expected to grow by 35.5% per annum. Return on equity is forecast to be 18.8% in 3 years.

Key information

31.6%

Earnings growth rate

35.54%

EPS growth rate

Luxury earnings growth17.9%
Revenue growth rate7.6%
Future return on equity18.78%
Analyst coverage

Good

Last updated29 May 2026

Recent future growth updates

Analysis Article • May 08

Analyst Estimates: Here's What Brokers Think Of Steven Madden, Ltd. (NASDAQ:SHOO) After Its First-Quarter Report

Investors in Steven Madden, Ltd. ( NASDAQ:SHOO ) had a good week, as its shares rose 5.5% to close at US$39.64...

Recent updates

Seeking Alpha • May 15

Steven Madden Isn't Ready To Put The Right Foot Forward

Summary Steven Madden remains a soft 'sell' as valuation is not compelling despite operational improvements and a strong Q1 revenue boost from the Kurt Geiger acquisition. SHOO's forward valuation appears fair on absolute metrics, but it trades at a premium to peers, especially on EV/EBITDA and P/E multiples. Tariff-related headwinds pressured wholesale footwear and private label segments, with management expecting a steep decline this year before recovery next year. Economic uncertainty and SHOO's wholesale exposure heighten risk, prompting a cautious stance despite management's guidance for 10–12% revenue growth and higher adjusted EPS. Read the full article on Seeking Alpha
Narrative Update • May 14

SHOO: Higher Future P E And Guidance Will Support Earnings Power

The analyst price target for Steven Madden has shifted by $0.28 to $45.78, as analysts factor in updated assumptions for growth, margins, and a higher future P/E following a series of recent UBS target revisions and commentary around softer private label trends and fiscal 2026 guidance expectations. Analyst Commentary Recent research has highlighted both supportive and cautious views on Steven Madden, with price targets adjusted in response to expectations for earnings, valuation and the outlook for private label and fiscal 2026 guidance.
Analysis Article • May 08

Analyst Estimates: Here's What Brokers Think Of Steven Madden, Ltd. (NASDAQ:SHOO) After Its First-Quarter Report

Investors in Steven Madden, Ltd. ( NASDAQ:SHOO ) had a good week, as its shares rose 5.5% to close at US$39.64...
Narrative Update • Apr 29

SHOO: Soft 2026 Guidance And Private Label Headwinds Will Pressure Shares

Narrative Update The updated analyst price target for Steven Madden reflects a modest increase of about $0.55. Analysts attribute this change to slightly higher modeled revenue growth and profit margins, along with a small adjustment to the assumed future P/E multiple.
Narrative Update • Apr 14

SHOO: Soft 2026 Outlook Will Set Up Re Rating Opportunity

Analyst price targets for Steven Madden have moved lower to $38 from $42, with the shift framed around expectations for soft fiscal 2026 guidance and ongoing pressure on private label sales as mass channel retail partners push back on price increases. Analyst Commentary Recent research points to a more cautious stance on Steven Madden, with price targets adjusted to reflect concerns about softer fiscal 2026 guidance and pressure on private label margins as mass channel partners resist further price increases.
Narrative Update • Mar 30

SHOO: Soft 2026 Outlook And Private Label Pressure Will Test Thesis

Analysts have reduced the price target on Steven Madden to $38 from $42, citing revised expectations for softer revenue growth, lower profit margins, and a higher assumed P/E multiple in light of recent research highlighting cautious private label trends and expectations for "soft" 2026 guidance. Analyst Commentary Recent Street research reflects a more cautious tone around Steven Madden, with several bearish analysts trimming price targets and tempering expectations ahead of upcoming earnings and longer term guidance.
Narrative Update • Mar 16

SHOO: Soft 2026 Outlook And Private Label Pressures Will Unlock Re Rating Potential

Analysts have edged their average price targets for Steven Madden slightly lower, with cuts from $43 to $42 and most recently to $38. They cite expectations for softer fiscal 2026 guidance and pressure on private label sales as mass channel partners resist price increases.
Narrative Update • Mar 02

SHOO: Mixed Ratings And Soft 2026 Outlook Will Support Re Rating Ahead

Analysts have trimmed their fair value estimate for Steven Madden from $53.00 to $50.00, reflecting a series of lower Street price targets around $38 to $42 as they factor in softer margin and revenue assumptions, along with a higher future P/E multiple. Analyst Commentary Recent Street research on Steven Madden has leaned more cautious on near term fundamentals, with several price targets adjusted into the high $30s to low $40s range as analysts factor in softer margin and revenue assumptions and potential headwinds around private label sales.
Narrative Update • Feb 16

SHOO: Margin Resilience And Mixed Ratings Will Support Re Rating Ahead

Analysts now see fair value for Steven Madden at $53, up from $52. This reflects updated views on revenue growth, profit margins and forward P/E multiples following recent mixed rating changes on the stock.
Narrative Update • Feb 02

SHOO: Rising Expectations Around Buy Rating Will Expose Execution Risks

Analysts have raised their price target on Steven Madden from US$23.00 to about US$38.08. They cited updated assumptions around revenue growth, profit margins and future P/E expectations, supported by a recent upgrade to Buy with a US$50 target in Street research.
Narrative Update • Jan 19

SHOO: Upgrades And Margin Outlook Will Support Re Rating Ahead

Analysts have raised their average price target on Steven Madden by US$7 to US$50, citing upgraded ratings from multiple firms and updated views on revenue growth, profit margins, and forward P/E assumptions. Analyst Commentary Recent research has tilted more positive, with bullish analysts pointing to refreshed views on revenue, margins, and valuation as reasons to revisit Steven Madden at current levels.
Narrative Update • Jan 05

SHOO: Outperform Upgrade And Margin Rebound Will Drive Re Rating

Analysts have lifted their price target on Steven Madden from about $38 to roughly $52, citing updated assumptions for revenue growth, profit margins, a revised future P/E multiple, and a recent upgrade to Outperform. Analyst Commentary Recent Street research has tilted more positive on Steven Madden, with bullish analysts citing a mix of valuation support and execution on the current business plan as key reasons for their more constructive stance.
Analysis Article • Jan 02

Is Steven Madden (NASDAQ:SHOO) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Narrative Update • Dec 18

SHOO: Margin Recovery And Fast Inventory Turns Will Support Future Earnings Power

Analysts have nudged their fair value estimate for Steven Madden higher to $45.50 from $43.75, citing a series of recent target hikes into the low to mid $40s and growing conviction that margin recovery and underappreciated long term earnings power justify a modestly richer valuation multiple. Analyst Commentary Bullish analysts highlight that the recent string of upgrades and target hikes into the low to mid $40s reflects growing confidence that Steven Madden is in the early stages of a multi year earnings recovery, with current valuation multiples still not fully embedding that trajectory.
Narrative Update • Dec 04

SHOO: Margin Recovery And Inventory Discipline Will Support Future Earnings Power

Analysts have nudged their average price target on Steven Madden modestly higher to $43, citing a series of upgrades and target raises into the low to mid $40s as they gain confidence in margin recovery, faster inventory turns, and the company's longer term earnings power. Analyst Commentary Bullish analysts highlight that the recent wave of upgrades and target increases reflects growing conviction that Steven Madden is in the early stages of a multi year earnings recovery, supported by improving profitability metrics and operational execution.
Analysis Article • Dec 03

Market Participants Recognise Steven Madden, Ltd.'s (NASDAQ:SHOO) Earnings Pushing Shares 27% Higher

Despite an already strong run, Steven Madden, Ltd. ( NASDAQ:SHOO ) shares have been powering on, with a gain of 27% in...
Narrative Update • Nov 20

SHOO: Margin Expansion Will Drive Earnings As Efficiency Gains Accelerate

Analysts have raised their fair value price target for Steven Madden from $35.75 to $43.75. They cite improved profit margin expectations and stronger revenue growth projections as the reasons for this adjustment.
Narrative Update • Nov 05

SHOO: Margin Recovery And Revenue Momentum Will Drive Performance Amid Competitive Pressures

Steven Madden’s analyst price target has increased from $33.63 to $35.75, as analysts cite an improving revenue growth outlook and a stronger peer-relative margin recovery as reasons for the upward revision. Analyst Commentary Recent Street research highlights increased optimism among analysts regarding Steven Madden's growth prospects, profitability, and valuation.
Narrative Update • Oct 22

Analysts Boost Steven Madden Price Targets on Margin Recovery and Strong Growth Outlook

Analysts have raised their fair value estimate for Steven Madden from $31.75 to $33.63, citing stronger projected revenue growth and improving margin prospects. This is reflected in recent upward price target revisions.
Narrative Update • Oct 08

Digital Focus And Global Expansion Will Define Future Trends

Steven Madden's analyst fair value price target has increased from $30.00 to $31.75. Analysts highlight the company's recovering profit margins, improving revenue growth, and optimistic outlook following recent upgrades and raised price targets.
Narrative Update • Sep 23

Digital Focus And Global Expansion Will Define Future Trends

Analysts have raised their price target for Steven Madden to $30.00, citing faster-than-peer inventory turnover, underappreciated margin recovery potential—including improvements from the Kurt Geiger acquisition—and the prospect of earnings power exceeding $4 per share, which together justify further upside from current valuation levels. Analyst Commentary Steven Madden's fast inventory turnover positions it for a faster recovery from tariff impacts compared to peers.
Analysis Article • Sep 03

Market Participants Recognise Steven Madden, Ltd.'s (NASDAQ:SHOO) Earnings Pushing Shares 25% Higher

Steven Madden, Ltd. ( NASDAQ:SHOO ) shareholders would be excited to see that the share price has had a great month...
Analysis Article • Aug 08

Steven Madden's (NASDAQ:SHOO) Dividend Will Be $0.21

Steven Madden, Ltd. ( NASDAQ:SHOO ) will pay a dividend of $0.21 on the 23rd of September. This makes the dividend...
Analysis Article • Apr 24

Steven Madden, Ltd. (NASDAQ:SHOO) Stock's 25% Dive Might Signal An Opportunity But It Requires Some Scrutiny

To the annoyance of some shareholders, Steven Madden, Ltd. ( NASDAQ:SHOO ) shares are down a considerable 25% in the...
Seeking Alpha • Mar 18

Steven Madden: Growing And Shrinking At The Same Time

Summary Steven Madden's shares have experienced significant volatility, recently halving in value due to retail economy concerns and tariffs, but long-term value remains. The acquisition of Kurt Geiger is expected to drive growth, despite timing challenges and current softness in Steven Madden's organic business. The company's financials are solid, with a reasonable net debt position and potential for earnings improvement to $3.00 per share in normal conditions. With shares down to $25 and a compelling 3.3% dividend yield, the current valuation offers a promising long-term investment opportunity. Read the full article on Seeking Alpha
Analysis Article • Mar 04

Slammed 26% Steven Madden, Ltd. (NASDAQ:SHOO) Screens Well Here But There Might Be A Catch

To the annoyance of some shareholders, Steven Madden, Ltd. ( NASDAQ:SHOO ) shares are down a considerable 26% in the...
Analysis Article • Mar 01

Steven Madden (NASDAQ:SHOO) Has Affirmed Its Dividend Of $0.21

The board of Steven Madden, Ltd. ( NASDAQ:SHOO ) has announced that it will pay a dividend on the 21st of March, with...
Seeking Alpha • Feb 27

Steven Madden Will Have A Challenging 2025, And May Provide Better Entries

Summary Steven Madden, Ltd. faces near-term challenges with tariffs, channel bloating, and higher OpEx in FY25, impacting profitability despite strategic initiatives and acquisitions. The acquisition of Kurt Geiger, while promising, introduces risks due to different business models and SHOO's mixed acquisition history. Steven Madden's brand equity is under pressure, with declining search trends and uncertain impact from increased marketing investments. Valuation is fair but not compelling; I maintain a Hold rating and would reconsider SHOO stock closer to $30. Read the full article on Seeking Alpha
Analysis Article • Feb 04

Steven Madden (NASDAQ:SHOO) Knows How To Allocate Capital Effectively

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Dec 05

At US$45.81, Is Steven Madden, Ltd. (NASDAQ:SHOO) Worth Looking At Closely?

Steven Madden, Ltd. ( NASDAQ:SHOO ), might not be a large cap stock, but it saw a decent share price growth of 10% on...
Seeking Alpha • Nov 20

Steve Madden Stock: Fairly Valued Despite China Headwinds, But Not An Opportunity

Summary Steve Madden results posted top line growth, driven by new initiatives in apparel and international. The company's core wholesale footwear US channel is more challenged, down 4%, as a mix of retailer cautiousness and bad trend reads. Steve Madden is also exposed to US-China tariffs on about half its revenues, a problem that will probably damage gross margins next year. Trading at 16x P/E on FY24 guided revenues, the company seems fairly priced, albeit not super opportunistic, given the margin challenges, and factors impacting growth. Read the full article on Seeking Alpha
Analysis Article • Oct 24

Not Many Are Piling Into Steven Madden, Ltd. (NASDAQ:SHOO) Just Yet

It's not a stretch to say that Steven Madden, Ltd.'s ( NASDAQ:SHOO ) price-to-earnings (or "P/E") ratio of 18.3x right...
Analysis Article • Sep 23

The Trend Of High Returns At Steven Madden (NASDAQ:SHOO) Has Us Very Interested

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
Seeking Alpha • Sep 12

Steven Madden Q2: Solid Earnings Momentum Continues

Summary Steven Madden, Ltd.'s Q2 financials showed very solid underlying growth momentum. The reaffirmed 2024 outlook, Q2 momentum, and rapid retail network expansion in Q2 should drive a relatively good Q3, even though competitors have shown increasing weakness due to weak consumer spending. Steven Madden divesting its GREATS brand to UCG, and becomes a shareholder in the brand platform. The worth of the transaction is still unclear, though. SHOO stock's valuation has a fair margin of safety. Read the full article on Seeking Alpha
Analysis Article • Sep 06

Is There Now An Opportunity In Steven Madden, Ltd. (NASDAQ:SHOO)?

Steven Madden, Ltd. ( NASDAQ:SHOO ), is not the largest company out there, but it had a relatively subdued couple of...
User avatar
New Narrative • Sep 04

International Expansion And Product Diversification Poised To Elevate Profits And Margins

Expansion into international markets and diversification of product offerings indicate a strategy for broadening revenue sources and improving net margins.
Analysis Article • Aug 21

Steven Madden (NASDAQ:SHOO) Is Paying Out A Dividend Of $0.21

Steven Madden, Ltd. ( NASDAQ:SHOO ) will pay a dividend of $0.21 on the 23rd of September. This means the dividend...

Earnings and Revenue Growth Forecasts

NasdaqGS:SHOO - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20283,252248311N/A3
12/31/20273,0422032432457
12/31/20262,836184184957
3/31/20262,6347687126N/A
12/31/20252,53445120162N/A
9/30/20252,36356133175N/A
6/30/20252,32091118152N/A
3/31/20252,284166163195N/A
12/31/20242,283169172198N/A
9/30/20242,220170224246N/A
6/30/20242,148180220241N/A
3/31/20242,070179207227N/A
12/31/20231,982172210229N/A
9/30/20231,933167259279N/A
6/30/20231,936164291310N/A
3/31/20232,026178258274N/A
12/31/20222,122216250268N/A
9/30/20222,230250116130N/A
6/30/20222,20225697108N/A
3/31/20222,065244132135N/A
12/31/20211,866191161159N/A
9/30/20211,641147142140N/A
6/30/20211,459748178N/A
3/31/20211,204208489N/A
12/31/20201,202-183844N/A
9/30/20201,268-23137151N/A
6/30/20201,42436215232N/A
3/31/20201,73189192210N/A
12/31/20191,787141N/A234N/A
9/30/20191,802136N/A191N/A
6/30/20191,758139N/A169N/A
3/31/20191,705135N/A166N/A
12/31/20181,678129N/A154N/A
9/30/20181,608141N/A169N/A
6/30/20181,590130N/A153N/A
3/31/20181,569126N/A122N/A
12/31/20171,567118N/A158N/A
9/30/20171,518122N/A115N/A
6/30/20171,485122N/A145N/A
3/31/20171,437117N/A147N/A
12/31/20161,400121N/A154N/A
9/30/20161,407118N/A159N/A
6/30/20161,412117N/A141N/A
3/31/20161,411117N/A154N/A
12/31/20151,405113N/A136N/A
9/30/20151,404108N/A128N/A
6/30/20151,382105N/A138N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SHOO's forecast earnings growth (31.6% per year) is above the savings rate (3.5%).

Earnings vs Market: SHOO's earnings (31.6% per year) are forecast to grow faster than the US market (17% per year).

High Growth Earnings: SHOO's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SHOO's revenue (7.6% per year) is forecast to grow slower than the US market (11.8% per year).

High Growth Revenue: SHOO's revenue (7.6% 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 low in 3 years time (18.8%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/29 18:59
End of Day Share Price 2026/05/29 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Steven Madden, Ltd. is covered by 22 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Aubrey TianelloBNP Paribas
Laurent VasilescuBNP Paribas
Susan AndersonB. Riley Securities, Inc.