Steven Madden, Ltd. (SHOO)
NASDAQ: SHOO · IEX Real-Time Price · USD
39.06
+0.25 (0.64%)
Apr 18, 2024, 11:08 AM EDT - Market open
Steven Madden Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Steven Madden stock have an average target of 41.25, with a low estimate of 38 and a high estimate of 45. The average target predicts an increase of 5.61% from the current stock price of 39.06.
Analyst Consensus: Buy
* Price targets were last updated on Feb 29, 2024.
Analyst Ratings
The average analyst rating for Steven Madden stock from 8 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 5 | 6 | 7 | 7 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 8 | 9 | 9 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $41 → $43 | Hold | Maintains | $41 → $43 | +10.09% | Feb 29, 2024 |
| Williams Trading | Williams Trading | Strong Buy → Hold Downgrades $44 | Strong Buy → Hold | Downgrades | $44 | +12.65% | Feb 21, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Hold Reiterates $39 | Hold | Reiterates | $39 | -0.15% | Feb 21, 2024 |
| Piper Sandler | Piper Sandler | Hold Initiates $45 | Hold | Initiates | $45 | +15.21% | Feb 14, 2024 |
| Wedbush | Wedbush | Hold Maintains $36 → $38 | Hold | Maintains | $36 → $38 | -2.71% | Feb 7, 2024 |
Financial Forecast
Revenue This Year
2.26B
from 1.98B
Increased by 13.80%
Revenue Next Year
2.38B
from 2.26B
Increased by 5.50%
EPS This Year
2.67
from 2.30
Increased by 16.20%
EPS Next Year
3.04
from 2.67
Increased by 13.82%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.3B | 2.5B | 2.7B | 2.5B |
| Avg | 2.3B | 2.4B | 2.5B | 2.5B |
| Low | 2.1B | 2.2B | 2.3B | 2.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 18.2% | 11.4% | 11.6% | 1.0% |
| Avg | 13.8% | 5.5% | 5.3% | -1.9% |
| Low | 8.3% | -0.5% | -1.4% | -5.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.83 | 3.37 | 3.89 | 4.12 |
| Avg | 2.67 | 3.04 | 3.56 | 4.00 |
| Low | 2.50 | 2.78 | 3.12 | 3.84 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 23.2% | 26.1% | 27.7% | 15.6% |
| Avg | 16.2% | 13.8% | 17.0% | 12.3% |
| Low | 8.7% | 4.1% | 2.4% | 7.9% |
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.