Market Summary
USD34.94+0.15
Market Closed0.43%
SHOO Stock Price
SHOO RSI Chart
SHOO Valuation
SHOO Price/Sales (Trailing)
SHOO Profitability
SHOO Fundamentals
SHOO Revenue
SHOO Earnings
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
SHOO Investor Care
Peers (Alternatives to Steven Madden)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
NKE | 188.2B | 49.1B | 0.68% | -7.84% | 33.4 | 3.83 | 6.05% | -8.67% |
LULU | 38.3B | 7.5B | -0.97% | -1.35% | 32.78 | 5.13 | 27.50% | 34.32% |
DECK | 11.7B | 3.6B | 9.97% | 63.95% | 23.63 | 3.27 | 20.04% | 18.55% |
| MID-CAP | ||||||||
TPR | 9.5B | 6.6B | -6.24% | 6.91% | 11.35 | 1.44 | 1.28% | 0.05% |
VFC | 7.9B | 11.7B | -19.20% | -63.56% | 19.03 | 0.67 | 4.21% | -68.79% |
RL | 7.4B | 6.4B | -6.71% | -3.37% | 14.35 | 1.15 | 7.40% | 2.63% |
CROX | 7.3B | 3.6B | -5.46% | 49.43% | 13.52 | 2.05 | 53.67% | -25.57% |
SKX | 7.0B | 7.4B | 2.32% | 12.58% | 18.71 | 0.94 | 17.98% | -49.69% |
SHOO | 2.7B | 2.1B | 4.11% | -10.48% | 10.6 | 1.26 | 13.71% | 69.90% |
| SMALL-CAP | ||||||||
OXM | 1.6B | 1.3B | -12.69% | 12.75% | 10.07 | 1.2 | 24.96% | 68.50% |
WWW | 1.3B | 2.7B | 0.50% | -29.70% | -6.72 | 0.47 | 11.18% | -374.49% |
VRA | 180.5M | 502.4M | 2.82% | -25.06% | -6.83 | 0.36 | -5.78% | -228.18% |
RCKY | 167.6M | 646.0M | -15.88% | -49.13% | 6.33 | 0.26 | 49.40% | 49.42% |
TBLT | 15.4M | 90.0M | -40.19% | -95.70% | -0.49 | 0.17 | 56.92% | -3.64% |
FORD | 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) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | -4.8% | 2,122 | 2,230 | 2,202 | 2,065 | 1,866 |
| Gross Profit | -4.3% | 874 | 913 | 904 | 856 | 767 |
| Operating Expenses | 3.4% | 589 | 570 | 539 | 520 | - |
| EBITDA | -10.9% | 302 | 339 | 347 | 325 | - |
| EBITDA Margin | -6.4% | 0.14* | 0.15* | 0.16* | 0.16* | - |
| Earnings Before Taxes | -12.0% | 282 | 321 | 329 | 312 | 242 |
| EBT Margin | -7.6% | 0.13* | 0.14* | 0.15* | 0.15* | - |
| Interest Expenses | -219.3% | -0.62 | 1.00 | -1.55 | -1.53 | - |
| Net Income | -1.9% | 253 | 258 | 246 | 192 | - |
| Net Income Margin | 5.1% | 0.12* | 0.11* | 0.12* | 0.12* | - |
| Free Cahsflow | 113.3% | 252 | 118 | 99.00 | 126 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 2.6% | 1,258 | 1,226 | 1,313 | 1,279 | 1,356 |
| Current Assets | 3.2% | 844 | 817 | 906 | 868 | 945 |
| Cash Equivalents | 97.4% | 275 | 139 | 151 | 170 | 219 |
| Inventory | -6.4% | 229 | 244 | 307 | 233 | 255 |
| Net PPE | 10.3% | 41.00 | 37.00 | 35.00 | 36.00 | 36.00 |
| Goodwill | 0.3% | 168 | 168 | 168 | 168 | 168 |
| Liabilities | 10.6% | 414 | 374 | 470 | 435 | 535 |
| Current Liabilities | 14.6% | 321 | 280 | 380 | 345 | 435 |
| Shareholder's Equity | 0.2% | 844 | 842 | 843 | 843 | 812 |
| Retained Earnings | 1.0% | 1,571 | 1,556 | 1,511 | 1,479 | 1,421 |
| Additional Paid-In Capital | 1.2% | 520 | 514 | 508 | 502 | 496 |
| Accumulated Depreciation | - | 129 | - | - | - | - |
| Shares Outstanding | -1.4% | 77.00 | 78.00 | 79.00 | 80.00 | 81.00 |
| Minority Interest | 27.7% | 12.00 | 10.00 | 10.00 | 8.00 | 8.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 106.0% | 268 | 130 | 108 | 135 | 159 |
| Share Based Compensation | 2.2% | 24.00 | 24.00 | 23.00 | 23.00 | 22.00 |
| Cashflow From Investing | -67.6% | 6.00 | 17.00 | -0.73 | 28.00 | -3.21 |
| Cashflow From Financing | 3.8% | -215 | -224 | -216 | -225 | -184 |
| Dividend Payments | 6.6% | 66.00 | 62.00 | 58.00 | 54.00 | 49.00 |
| Buy Backs | -7.3% | 149 | 161 | 157 | 160 | 123 |
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 ascending | Fund Name | Type | % 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 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Steven Madden News
Schedule 13G FIlings of Steven Madden
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form 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 Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very 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 ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
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 |
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
2022-12-31Condensed 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 income | 10,713 | 12,240 | 12,871 |
| Total revenue | 2,122,009 | 1,866,142 | 1,201,814 |
| Cost of sales (exclusive of depreciation and amortization) | 1,248,173 | 1,098,645 | 737,273 |
| Gross profit | 873,836 | 767,497 | 464,541 |
| Operating expenses | (592,192) | (519,848) | (414,978) |
| Impairment of Intangible Assets (Excluding Goodwill) | 0 | 2,620 | 44,273 |
| Impairment of lease right-of-use assets and fixed assets | 0 | 1,432 | 36,895 |
| Income/(loss) from operations | 281,644 | 243,597 | (31,605) |
| Interest and other income/(expense) - net | 676 | (1,529) | 1,620 |
| Income/(loss) before provision/(benefit) for income taxes | 282,320 | 242,068 | (29,985) |
| Provision/(benefit) for income taxes | 65,103 | 49,609 | (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 outstanding | 76,021 | 78,442 | 78,635 |
| Effect of dilutive securities – options/restricted stock | 2,048 | 3,186 | 0 |
| Diluted weighted average common shares outstanding | 78,069 | 81,628 | 78,635 |
| 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
2022-12-31Condensed 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 Investments | 15,085 | 44,037 |
| Accounts receivable, net of allowances of $7,721 and $12,273 | 37,937 | 26,546 |
| Factor accounts receivable | 248,228 | 364,982 |
| Inventories | 228,752 | 255,213 |
| Prepaid expenses and other current assets | 22,989 | 20,845 |
| Income tax receivable and prepaid income taxes | 15,853 | 13,538 |
| Total current assets | 843,557 | 944,660 |
| Note receivable – related party | 401 | 794 |
| Property and equipment, net | 40,664 | 35,790 |
| Operating lease right-of-use asset | 90,264 | 85,449 |
| Deferred tax assets | 1,755 | 4,581 |
| Deposits and other | 12,070 | 4,180 |
| Goodwill – net | 168,085 | 167,995 |
| Intangibles – net | 101,192 | 112,093 |
| Total Assets | 1,257,988 | 1,355,542 |
| Current liabilities: | ||
| Accounts payable | 130,542 | 136,766 |
| Accrued expenses | 138,523 | 243,163 |
| Operating leases - current portion | 29,499 | 30,759 |
| Income taxes payable | 9,403 | 4,522 |
| Contingent payment liability – current portion | 1,153 | 5,109 |
| Accrued incentive compensation | 11,788 | 14,871 |
| Total current liabilities | 320,908 | 435,190 |
| Contingent payment liability | 0 | 6,960 |
| Operating leases - long-term portion | 79,128 | 80,072 |
| Deferred tax liabilities | 3,923 | 3,378 |
| Other liabilities | 10,166 | 9,404 |
| Total Liabilities | 414,125 | 535,004 |
| Commitments, contingencies and other (Note O) | ||
| Preferred stock-issued | 0 | |
| 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 | $ 8 | 8 |
| Additional paid-in capital | 520,441 | 495,999 |
| Retained earnings | 1,571,123 | 1,421,067 |
| 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’ equity | 831,553 | 812,098 |
| Noncontrolling interest | 12,310 | 8,440 |
| Total stockholders’ equity | 843,863 | 820,538 |
| Total Liabilities and Stockholders’ Equity | 1,257,988 | 1,355,542 |
| 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 |