Steven Madden, Ltd. (SHOO)
NASDAQ: SHOO · IEX Real-Time Price · USD
42.03
+0.45 (1.08%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Steven Madden Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Steven Madden stock have an average target of 43.44, with a low estimate of 40 and a high estimate of 53. The average target predicts an increase of 3.35% from the current stock price of 42.03.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Steven Madden stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 6 | 7 | 7 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 9 | 9 | 8 | 8 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BTIG | BTIG | Strong Buy Maintains $50 → $53 | Strong Buy | Maintains | $50 → $53 | +26.10% | Jun 6, 2024 |
| Wedbush | Wedbush | Hold Reiterates $41 | Hold | Reiterates | $41 | -2.45% | May 17, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Hold Maintains $44 | Hold | Maintains | $44 | +4.69% | May 1, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Hold Maintains $44 | Hold | Maintains | $44 | +4.69% | Apr 26, 2024 |
| Citigroup | Citigroup | Hold Maintains $41 → $43 | Hold | Maintains | $41 → $43 | +2.31% | Feb 29, 2024 |
Financial Forecast
Revenue This Year
2.27B
from 1.98B
Increased by 14.55%
Revenue Next Year
2.39B
from 2.27B
Increased by 5.37%
EPS This Year
2.69
from 2.30
Increased by 17.00%
EPS Next Year
3.05
from 2.69
Increased by 13.31%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.4B | 2.5B | 2.7B | 2.9B | 3.0B |
| Avg | 2.3B | 2.4B | 2.5B | 2.8B | 2.9B |
| Low | 2.2B | 2.2B | 2.4B | 2.7B | 2.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.7% | 10.7% | 12.1% | 13.0% | 9.3% |
| Avg | 14.6% | 5.4% | 5.6% | 9.8% | 6.2% |
| Low | 9.3% | -1.0% | -1.2% | 5.5% | 2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.83 | 3.37 | 3.89 | 4.05 | 4.66 |
| Avg | 2.69 | 3.05 | 3.54 | 3.94 | 4.53 |
| Low | 2.55 | 2.82 | 3.09 | 3.78 | 4.35 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.2% | 25.2% | 27.4% | 14.6% | 18.4% |
| Avg | 17.0% | 13.3% | 15.9% | 11.4% | 15.0% |
| Low | 10.8% | 4.9% | 1.2% | 7.0% | 10.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.