Steven Madden (SHOO)

• Market cap: $3.09B
• 1 day: 0.21%
• 5 days: -1.70%
• 1 month: 2.98%
• 3 months: -9.77%
• 6 months: -2.15%
• Year to date: 1.25%
• 1 year: 0.35%
• 5 years: -1.61%
• 10 years: 102.89%
• Sector: Consumer Discretionary
• Industry: Footwear, Except Rubber

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 Q3 regulatory filings by fund managers ($100M+ AUM)

83% more call options, than puts

Call options by funds: $1.23M | Put options by funds: $671K

54% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 28

22% more repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 86

12% more capital invested

Capital invested by funds: $3.12B [Q2] → $3.5B (+$387M) [Q3]

6% more funds holding

Funds holding: 256 [Q2] → 271 (+15) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

1.9% less ownership

Funds ownership: 100.41% [Q2] → 98.52% (-1.9%) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $45 5% upside
• Avg. target: $48 11% upside
• High target: $50 17% upside

2 analyst ratings

• positive: 0 0%
• neutral: 2 100%
• negative: 0 0%

Telsey Advisory Group Dana Telsey 67% 1-year accuracy 126 / 189 met price target	17% upside $50	Market Perform Maintained	13 Nov 2024
Citigroup Paul Lejuez 81% 1-year accuracy 26 / 32 met price target	5% upside $45	Neutral Maintained	8 Nov 2024