Steven MaddenSHOO
Market Cap: $3.13B
About: 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.
Employees: 4,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
19% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 36
3% more funds holding
Funds holding: 249 [Q1] → 256 (+7) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
4% less capital invested
Capital invested by funds: $3.15B [Q1] → $3.03B (-$122M) [Q2]
10% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 94
3.16% less ownership
Funds ownership: 100.87% [Q1] → 97.71% (-3.16%) [Q2]
87% less call options, than puts
Call options by funds: $110K | Put options by funds: $825K
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Piper Sandler Anna Andreeva 43% 1-year accuracy 20 / 46 met price target | 4%upside $45 | Neutral Assumed | 23 Aug 2024 |
Wedbush Tom Nikic 55% 1-year accuracy 23 / 42 met price target | 5%downside $41 | Neutral Reiterated | 7 Aug 2024 |
Telsey Advisory Group Dana Telsey 39% 1-year accuracy 66 / 171 met price target | 16%upside $50 | Market Perform Maintained | 1 Aug 2024 |
Telsey Advisory Group Dana Telsey 39% 1-year accuracy 66 / 171 met price target | 2%upside $44 | Market Perform Maintained | 31 Jul 2024 |
Wedbush Tom Nikic 55% 1-year accuracy 23 / 42 met price target | 5%downside $41 | Neutral Reiterated | 26 Jul 2024 |
Financial journalist opinion
Based on 6 articles about SHOO published over the past 30 days