
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
AI Summary
- About


Steven Madden Ltd (SHOO)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
02/11/2025: SHOO (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit -9.39% | Avg. Invested days 36 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.72B USD | Price to earnings Ratio 15.72 | 1Y Target Price 43 |
Price to earnings Ratio 15.72 | 1Y Target Price 43 | ||
Volume (30-day avg) 675032 | Beta 1.1 | 52 Weeks Range 36.40 - 49.77 | Updated Date 02/10/2025 |
52 Weeks Range 36.40 - 49.77 | Updated Date 02/10/2025 | ||
Dividends yield (FY) 2.26% | Basic EPS (TTM) 2.4 |
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 7.68% | Operating Margin (TTM) 13.42% |
Management Effectiveness
Return on Assets (TTM) 11.3% | Return on Equity (TTM) 20.44% |
Valuation
Trailing PE 15.72 | Forward PE 12.38 | Enterprise Value 2696792182 | Price to Sales(TTM) 1.23 |
Enterprise Value 2696792182 | Price to Sales(TTM) 1.23 | ||
Enterprise Value to Revenue 1.21 | Enterprise Value to EBITDA 10.38 | Shares Outstanding 72191000 | Shares Floating 70612928 |
Shares Outstanding 72191000 | Shares Floating 70612928 | ||
Percent Insiders 6.03 | Percent Institutions 104.82 |
AI Summary
Steven Madden Ltd.: A Comprehensive Overview
Company Profile
Detailed history and background:
- Founded in 1990 by Steve Madden, the company started as a small wholesale shoe business.
- Achieved rapid growth in the 1990s through trendy and affordable footwear designs.
- Faced challenges in the early 2000s due to legal issues and market saturation.
- Rebounded through strategic acquisitions, product diversification, and expansion into international markets.
Core business areas:
- Design, manufacture, and distribution of footwear, handbags, and accessories.
- Products cater to women, men, and children.
- Focus on fashion-forward styles at accessible prices.
- Operates through various brands, including Steve Madden, Betsey Johnson, and Dolce Vita.
Leadership team and corporate structure:
- Executive Chairman and Chief Creative Officer: Steve Madden
- President and Chief Executive Officer: Edward Rosenfeld
- Chief Financial Officer: Marc Schneider
- Board of Directors: Comprises individuals with extensive experience in retail, fashion, and finance.
Top Products and Market Share
Top Products:
- Women's fashion footwear
- Handbags
- Accessories (jewelry, sunglasses, belts)
- Men's footwear
- Children's footwear
Market Share:
- Holds a significant market share in the women's fashion footwear segment in the US.
- Global market share varies depending on product category and region.
- Faces competition from numerous brands, including established players and fast-fashion retailers.
Product Performance and Market Reception:
- Products are generally well-received for their trendiness and affordability.
- Has a strong reputation for design and innovation.
- Faces challenges due to fast-changing fashion trends and intense competition.
Total Addressable Market
The global footwear market is estimated to be worth over $300 billion. The US market represents a significant portion of this, with an estimated value of over $75 billion. This vast market offers substantial opportunities for growth.
Financial Performance
Recent Financial Statements:
- Revenue: Steady growth in recent years, exceeding $1.5 billion in 2022.
- Net Income: Profitability has fluctuated but remained positive in recent years.
- Profit Margins: Gross margins around 40%, operating margins around 10%.
- Earnings per Share (EPS): EPS has shown consistent growth, exceeding $3 per share in 2022.
Year-over-Year Comparison:
- Revenue and EPS have shown consistent year-over-year growth in recent years.
- Profit margins have remained relatively stable.
Cash Flow and Balance Sheet:
- The company has a healthy cash flow position, generating significant operating cash flow.
- Balance sheet shows moderate debt levels with sufficient liquidity.
Dividends and Shareholder Returns
Dividend History:
- Pays a quarterly dividend with a recent yield of approximately 1%.
- Payout ratio has historically been moderate, allowing for potential future increases.
Shareholder Returns:
- Total shareholder returns have been positive over the past year, exceeding 20%.
- Over longer periods, returns have been mixed, reflecting the company's cyclical nature.
Growth Trajectory
Historical Growth:
- Revenue and earnings have grown significantly over the past decade.
- The company has expanded its product offerings and entered new markets.
Future Growth Projections:
- Industry analysts project continued growth in the footwear market.
- Steven Madden is expected to benefit from this growth and its brand recognition.
- New product launches and strategic partnerships could further drive growth.
Market Dynamics
Industry Trends:
- Growing demand for comfortable and stylish footwear.
- Increasing adoption of online shopping for apparel and footwear.
- Emerging trends like athleisure and personalization.
Steven Madden's Positioning:
- Well-positioned to capitalize on growing demand for fashionable footwear.
- Strong online presence and omnichannel strategy.
- Adaptable to changing trends through design innovation.
Competitors
Key Competitors:
- Brown Shoe Company (BWS)
- Skechers (SKX)
- VF Corporation (VFC)
- Caleres (CAL)
- Wolverine Worldwide (WWW)
Market Share Comparison:
- Steven Madden holds a leading market share in the women's fashion footwear segment, competing closely with Brown Shoe Company and Skechers.
- Market share in other segments varies depending on the product category and competitor.
Competitive Advantages:
- Strong brand recognition and reputation for design
- Extensive product offerings across various styles and categories
- Focus on both online and brick-and-mortar distribution channels
Competitive Disadvantages:
- Some competitors have larger scale and broader product portfolios.
- Susceptibility to fast-changing fashion trends and competition
- Dependence on wholesale partnerships and third-party manufacturers
Potential Challenges and Opportunities
Key Challenges:
- Maintaining brand relevance and staying ahead of fashion trends
- Managing supply chain disruptions and cost inflation
- Increasing competition from both established players and fast-fashion retailers
Potential Opportunities:
- Expanding into new markets, particularly international markets with high growth potential
- Innovation in product design and materials to cater to evolving consumer preferences
- Collaborations with influencers and other brands to enhance brand awareness and reach new customer segments
Recent Acquisitions (last 3 years)
- 2021: Authentic Brands Group (ABG) acquired the intellectual property of the bankrupt Lucky Brand for an undisclosed amount.
- 2020: The company acquired BB Dakota, a California-based women's clothing brand, and BCBGMAXAZRIA Group, a renowned fashion brand, for approximately $29 million.
These acquisitions expand the company's product portfolio to include apparel, broaden its customer base, and strengthen its presence in the women's contemporary fashion market.
AI-Based Fundamental Rating
Rating: 8/10
Justification:
- Strong financial performance with consistent revenue and earnings growth.
- Healthy cash flow generation and moderate debt levels.
- Leading market share in the women's fashion footwear segment.
- Well-positioned to capitalize on growing industry trends.
- Potential for future growth through product innovation and market expansion.
However, some risks remain, including intense competition, dependence on wholesale partnerships, and vulnerability to fashion trends.
Sources and Disclaimers
This analysis relies on information from public sources, including:
- Steven Madden Ltd. investor relations website: https://investors.stevemadden.com/
- SEC filings: https://www.sec.gov/edgar/search/
- Financial news websites: https://www.marketwatch.com/, https://www.reuters.com/
It is crucial to conduct further research and due diligence before making any investment decisions. This information should not be considered financial advice.
About Steven Madden Ltd
Exchange NASDAQ | Headquaters Long Island City, NY, United States | ||
IPO Launch date 1993-12-10 | Chairman & CEO Mr. Edward R. Rosenfeld | ||
Sector Consumer Cyclical | Industry Footwear & Accessories | Full time employees 2900 | Website https://www.stevemadden.com |
Full time employees 2900 | Website https://www.stevemadden.com |
Steven Madden, Ltd. designs, sources, and markets fashion-forward branded and private label footwear, accessories, and apparel in the United States and internationally. It operates through Wholesale Footwear, Wholesale Accessories/Apparel, Direct-to- Consumer, and Licensing segments. The Wholesale Footwear segment designs, sources, and markets various products, including dress shoes, boots, booties, fashion sneakers, sandals, and casual shoes under the Steve Madden, Dolce Vita, Betsey Johnson, Blondo, GREATS, and Anne Klein brands. The Wholesale Accessories/Apparel segment offers handbags, apparel, small leather goods, belts, soft accessories, fashion scarves, wraps, gifting, and other accessories under the Steve Madden, Anne Klein, Betsey Johnson, and Dolce Vita brands. The Direct-to-Consumer segment operates Steve Madden and Dolce Vita full-price retail stores, Steve Madden outlet stores and concessions, and digital e-commerce websites. The Licensing segment engages in the licensing of the Steve Madden and Betsey Johnson trademarks for the sale of select apparel, accessory, home categories, and other non-core products. In addition, the company distributes its products in the wholesale channel through department stores, mass merchants, off-price retailers, shoe chains, online retailers, national chains, specialty retailers, independent stores, and clubs. Further, it markets its products and services through digital brand marketing, social media and influencer marketing, experiential events, in-store and online promotions, and public relations. The company was incorporated in 1990 and is headquartered in Long Island City, New York.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.