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Steven Madden Ltd Stock Research

SHOO

34.94USD+0.15(+0.43%)Market Closed

Market Summary

USD34.94+0.15
Market Closed
0.43%

SHOO Alerts

SHOO Stock Price

SHOO RSI Chart

SHOO Valuation

Market Cap

2.7B

Price/Earnings (Trailing)

10.6

Price/Sales (Trailing)

1.26

EV/EBITDA

7.97

Price/Free Cashflow

10.67

SHOO Price/Sales (Trailing)

SHOO Profitability

EBT Margin

13.30%

Return on Equity

29.98%

Return on Assets

20.11%

Free Cashflow Yield

9.37%

SHOO Fundamentals

SHOO Revenue

Revenue (TTM)

2.1B

Revenue Y/Y

-18.64%

Revenue Q/Q

-15.45%

SHOO Earnings

Earnings (TTM)

253.0M

Earnings Y/Y

-7.36%

Earnings Q/Q

26.25%

Price Action

52 Week Range

26.3644.79
(Low)(High)

Last 7 days

-0.4%

Last 30 days

4.1%

Last 90 days

7.5%

Trailing 12 Months

-10.5%

SHOO Financial Health

Current Ratio

2.63

SHOO Investor Care

Dividend Yield

2.4%

Dividend/Share (TTM)

0.84

Buy Backs (1Y)

4.67%

Diluted EPS (TTM)

2.77

Peers (Alternatives to Steven Madden)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
188.2B
49.1B
0.68% -7.84%
33.4
3.83
6.05% -8.67%
38.3B
7.5B
-0.97% -1.35%
32.78
5.13
27.50% 34.32%
11.7B
3.6B
9.97% 63.95%
23.63
3.27
20.04% 18.55%
MID-CAP
9.5B
6.6B
-6.24% 6.91%
11.35
1.44
1.28% 0.05%
7.9B
11.7B
-19.20% -63.56%
19.03
0.67
4.21% -68.79%
7.4B
6.4B
-6.71% -3.37%
14.35
1.15
7.40% 2.63%
7.3B
3.6B
-5.46% 49.43%
13.52
2.05
53.67% -25.57%
7.0B
7.4B
2.32% 12.58%
18.71
0.94
17.98% -49.69%
2.7B
2.1B
4.11% -10.48%
10.6
1.26
13.71% 69.90%
SMALL-CAP
1.6B
1.3B
-12.69% 12.75%
10.07
1.2
24.96% 68.50%
1.3B
2.7B
0.50% -29.70%
-6.72
0.47
11.18% -374.49%
180.5M
502.4M
2.82% -25.06%
-6.83
0.36
-5.78% -228.18%
167.6M
646.0M
-15.88% -49.13%
6.33
0.26
49.40% 49.42%
15.4M
90.0M
-40.19% -95.70%
-0.49
0.17
56.92% -3.64%
10.6M
41.5M
-7.89% -36.36%
-5.31
0.25
1.50% -301.56%

Financials for Steven Madden

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-4.8%2,1222,2302,2022,0651,866
Gross Profit-4.3%874913904856767
Operating Expenses3.4%589570539520-
EBITDA-10.9%302339347325-
EBITDA Margin-6.4%0.14*0.15*0.16*0.16*-
Earnings Before Taxes-12.0%282321329312242
EBT Margin-7.6%0.13*0.14*0.15*0.15*-
Interest Expenses-219.3%-0.621.00-1.55-1.53-
Net Income-1.9%253258246192-
Net Income Margin5.1%0.12*0.11*0.12*0.12*-
Free Cahsflow113.3%25211899.00126-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets2.6%1,2581,2261,3131,2791,356
  Current Assets3.2%844817906868945
    Cash Equivalents97.4%275139151170219
  Inventory-6.4%229244307233255
  Net PPE10.3%41.0037.0035.0036.0036.00
  Goodwill0.3%168168168168168
Liabilities10.6%414374470435535
  Current Liabilities14.6%321280380345435
Shareholder's Equity0.2%844842843843812
  Retained Earnings1.0%1,5711,5561,5111,4791,421
  Additional Paid-In Capital1.2%520514508502496
Accumulated Depreciation-129----
Shares Outstanding-1.4%77.0078.0079.0080.0081.00
Minority Interest27.7%12.0010.0010.008.008.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations106.0%268130108135159
  Share Based Compensation2.2%24.0024.0023.0023.0022.00
Cashflow From Investing-67.6%6.0017.00-0.7328.00-3.21
Cashflow From Financing3.8%-215-224-216-225-184
  Dividend Payments6.6%66.0062.0058.0054.0049.00
  Buy Backs-7.3%149161157160123

Risks for SHOO

What is the probability of a big loss on SHOO?

49.2%


Probability that Steven Madden stock will be more than 20% underwater in next one year

35.4%


Probability that Steven Madden stock will be more than 30% underwater in next one year.

25.4%


Probability that Steven Madden stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SHOO drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Steven Madden was unfortunately bought at previous high price.

Drawdowns

Returns for SHOO

Cumulative Returns on SHOO

11.2%


10-Year Cumulative Returns

12.9%


7-Year Cumulative Returns

14.4%


5-Year Cumulative Returns

14.3%


3-Year Cumulative Returns

What are the long-term rolling returns for SHOO?

FIve years rolling returns for Steven Madden.

Annualized Returns

Which funds bought or sold SHOO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
71.89
22,160,500
43,070,500
0.05%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-1.32
14,000
86,000
-%
2023-02-28
Voya Investment Management LLC
reduced
-0.26
1,064,760
6,517,760
0.01%
2023-02-24
NATIXIS
sold off
-100
-693,000
-
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
126,000
760,000
0.01%
2023-02-21
Empowered Funds, LLC
sold off
-100
-3,667,000
-
-%
2023-02-21
Empirical Finance, LLC
added
0.7
73,196
425,196
0.04%
2023-02-21
MACQUARIE GROUP LTD
added
6.56
36,036,000
166,326,000
0.20%
2023-02-15
Metropolitan Life Insurance Co/NY
unchanged
-
24,979
150,979
0.01%
2023-02-15
JANE STREET GROUP, LLC
reduced
-56.65
-265,031
286,969
-%

1–10 of 49

Latest Funds Activity

Are funds buying SHOO calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own SHOO
No. of Funds

Steven Madden News

MarketBeat

Yousif Capital Management LLC Sells 13400 Shares of Steven ....

MarketBeat,
5 hours ago

Defense World

Yahoo Eurosport UK

Investor's Business Daily

Investor's Business Daily

Yahoo Finance

Zacks Investment Research

Investor's Business Daily

Schedule 13G FIlings of Steven Madden

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
macquarie group ltd
6.68%
5,204,206
SC 13G/A
Feb 09, 2023
vanguard group inc
10.82%
8,424,567
SC 13G/A
Feb 06, 2023
wellington management group llp
9.05%
7,051,594
SC 13G/A
Jan 23, 2023
blackrock inc.
15.7%
12,223,694
SC 13G/A
Jul 11, 2022
wellington management group llp
10.13%
8,086,595
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
2.7%
2,258,703
SC 13G/A
Feb 11, 2022
macquarie group ltd
4.88%
3,978,291
SC 13G/A
Feb 10, 2022
vanguard group inc
10.34%
8,414,282
SC 13G/A
Feb 04, 2022
wellington management group llp
8.45%
6,880,727
SC 13G
Feb 02, 2022
victory capital management inc
2.12%
1,721,821
SC 13G/A

SHOO Fair Value

Steven Madden fair value in different scenarios

The table shows the Fair Value estimates for Steven Madden for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

31.41

-10.10%

46.81

33.97%

60.30

72.58%

74.98

114.60%

89.21

155.32%
Current Inflation

29.20

-16.43%

42.52

21.69%

53.79

53.95%

66.04

89.01%

77.93

123.04%
Very High Inflation

26.45

-24.30%

37.34

6.87%

46.10

31.94%

55.64

59.24%

64.92

85.80%

Historical Steven Madden Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Steven Madden

View All Filings
Date Filed Form Type Document
Mar 16, 2023
4
Insider Trading
Mar 16, 2023
4
Insider Trading
Mar 16, 2023
4
Insider Trading
Mar 16, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading

Latest Insider Trading transactions for SHOO

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-15
LYNCH ROSE PEABODY
sold
-98,924
34.6253
-2,857
-
2023-03-15
Rosenfeld Edward R.
acquired
-
-
86,480
chief executive officer
2023-03-15
VARELA AMELIA
acquired
-
-
7,207
president
2023-03-15
Mazouzi Zine
acquired
-
-
7,207
chief financial officer
2023-03-15
Rosenfeld Edward R.
sold
-1,992,010
34.345
-58,000
chief executive officer
2023-03-05
Frieders Karla
sold (taxes)
-67,951
36.83
-1,845
chief merchandising officer
2023-03-05
Rosenfeld Edward R.
sold (taxes)
-407,377
36.83
-11,061
chief executive officer
2023-03-01
VARELA AMELIA
sold (taxes)
-145,999
36.3
-4,022
president
2023-03-01
Frieders Karla
sold (taxes)
-156,998
36.3
-4,325
chief merchandising officer
2023-03-01
Keith Lisa
sold (taxes)
-3,884
36.3
-107
evp, gen. counsel, secretary

1–10 of 50

Edward R. Rosenfeld
3500
Steven Madden, Ltd. designs, sources, markets, and sells fashion-forward branded and private label footwear, accessories, and apparel for women, men, and children in the United States and internationally. Its Wholesale Footwear segment provides footwear under the Steve Madden, Steven by Steve Madden, Madden Girl, BB Dakota, Dolce Vita, DV Dolce Vita, Betsey Johnson, GREATS, Blondo, Anne Klein, Mad Love, Superga, Madden NYC, and COOL Planet brands, as well as private label footwear. The company's Wholesale Accessories/Apparel segment offers handbags, apparel, small leather goods, belts, soft accessories, fashion scarves, wraps, gifting, and other accessories under the Steve Madden, BB Dakota, Anne Klein, Betsey Johnson, Cejon, Madden NYC, and Dolce Vita brands, as well as private label handbag and accessories to department stores, mass merchants, off-price retailers, online retailers, specialty stores, and independent stores. Its Direct-to-Consumer segment operates Steve Madden and Superga full-price retail stores, Steve Madden outlet stores, and Steve Madden shop-in-shops, as well as digital e-commerce websites, including SteveMadden.com, DolceVita.com, betseyjohnson.com, Blondo.com, GREATS.com, and Superga-USA.com. The company's Licensing segment licenses its Steve Madden, Madden Girl, and Betsey Johnson trademarks. Its First Cost segment operates as a buying agent for footwear products under private labels for national chains, specialty retailers, and value-priced retailers. As of December 31, 2021, it owned and operated 214 brick-and-mortar retail stores that included 147 Steve Madden full-price stores, 66 Steve Madden outlet stores, and 1 Superga store, as well as 6 e-commerce websites. Steven Madden, Ltd. was incorporated in 1990 and is headquartered in Long Island City, New York.

SHOO Income Statement

2022-12-31
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net sales$ 2,111,296$ 1,853,902$ 1,188,943
Commission and licensing fee income10,71312,24012,871
Total revenue2,122,0091,866,1421,201,814
Cost of sales (exclusive of depreciation and amortization)1,248,1731,098,645737,273
Gross profit873,836767,497464,541
Operating expenses(592,192)(519,848)(414,978)
Impairment of Intangible Assets (Excluding Goodwill)02,62044,273
Impairment of lease right-of-use assets and fixed assets01,43236,895
Income/(loss) from operations281,644243,597(31,605)
Interest and other income/(expense) - net676(1,529)1,620
Income/(loss) before provision/(benefit) for income taxes282,320242,068(29,985)
Provision/(benefit) for income taxes65,10349,609(11,704)
Net income/(loss)$ 217,217$ 192,459$ (18,281)
Basic net income/(loss) per share$ 2.84$ 2.43$ (0.23)
Diluted net income/(loss) per share$ 2.77$ 2.34$ (0.23)
Basic weighted average common shares outstanding76,02178,44278,635
Effect of dilutive securities – options/restricted stock2,0483,1860
Diluted weighted average common shares outstanding78,06981,62878,635
Cash dividends declared per common share$ 0.84$ 0.60$ 0.15
Noncontrolling Interest   
Less: net income attributable to noncontrolling interest$ 1,156$ 1,781$ 116
Retained Earnings   
Net income/(loss) attributable to Steven Madden, Ltd.$ 216,061$ 190,678$ (18,397)

SHOO Balance Sheet

2022-12-31
Condensed Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 274,713$ 219,499
Short-term Investments15,08544,037
Accounts receivable, net of allowances of $7,721 and $12,27337,93726,546
Factor accounts receivable248,228364,982
Inventories228,752255,213
Prepaid expenses and other current assets22,98920,845
Income tax receivable and prepaid income taxes15,85313,538
Total current assets843,557944,660
Note receivable – related party401794
Property and equipment, net40,66435,790
Operating lease right-of-use asset90,26485,449
Deferred tax assets1,7554,581
Deposits and other12,0704,180
Goodwill – net168,085167,995
Intangibles – net101,192112,093
Total Assets1,257,9881,355,542
Current liabilities:  
Accounts payable130,542136,766
Accrued expenses138,523243,163
Operating leases - current portion29,49930,759
Income taxes payable9,4034,522
Contingent payment liability – current portion1,1535,109
Accrued incentive compensation11,78814,871
Total current liabilities320,908435,190
Contingent payment liability06,960
Operating leases - long-term portion79,12880,072
Deferred tax liabilities3,9233,378
Other liabilities10,1669,404
Total Liabilities414,125535,004
Commitments, contingencies and other (Note O)
Preferred stock-issued0 
STOCKHOLDERS’ EQUITY  
Common stock – $0.0001 par value, 245,000 shares authorized, 134,456 and 134,029 shares issued, 76,796 and 80,557 shares outstanding$ 88
Additional paid-in capital520,441495,999
Retained earnings1,571,1231,421,067
Accumulated other comprehensive loss(35,709)(29,544)
Treasury stock – 57,660 and 53,472 shares at cost(1,224,310)(1,075,432)
Total Steven Madden, Ltd. stockholders’ equity831,553812,098
Noncontrolling interest12,3108,440
Total stockholders’ equity843,863820,538
Total Liabilities and Stockholders’ Equity1,257,9881,355,542
Preferred Stock [Member]  
STOCKHOLDERS’ EQUITY  
Preferred stock – $0.0001 par value, 5,000 shares authorized; none issued; Series A Junior Participating preferred stock – $0.0001 par value, 60 shares authorized; none issued$ 0$ 0