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Sunday, April 2, 2023

The Street Is Finally Waking Up To Steven Madden Ltd. (NASDAQ: SHOO)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Steven Madden Ltd. (SHOO) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.14, or 0.38%, to $36.97. The Steven Madden Ltd. has recorded 19,037 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Steve Madden Announces Fourth Quarter and Full Year 2022 Results.

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Stocks Info

Steven Madden Ltd. is listed on the NASDAQ as a member of the Consumer Cyclical sector and is a part of the Footwear & Accessories industry. At the end of the last regular session, the stock closed at $36.83 and fluctuated between $36.84 as its day high and $36.15 as its day low. The current market capitalization of Steven Madden Ltd. is $2.82B. A total of 0.76 million shares were traded on the day, compared to an average of 835.56K shares.

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, SHOO has seen 2 BUY and 5 SELL insider trades, representing the acquisition of 39,985 and the disposition of 19,387 shares. Over the last 12 months, there were 16 BUYs and 12 SELLs from insiders. Insiders purchased 174,391 shares during that period but sold 87,138.

In the most recent transaction, Smith Robert Garrett sold 2,222 shares of SHOO for 38.96 per share on Jun 08. After the transaction, the Director now owns 8,500 company shares. In a previous transaction on Mar 16, Rosenfeld Edward R. sold 40,000 shares at 40.37 per share. SHOO shares that Chief Executive Officer owns now total 790,210.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Steven Madden Ltd. pays an annual dividend of $0.84, resulting in a dividend yield of 2.28%, and it has a price to earnings (P/E) ratio of 13.35. SHOO’s most recent ex-dividend date was 3/9/2023 when it declared a $0.21 quarterly dividend that was paid in cash on 3/24/2023. Previously, the company paid the dividend on 12/30/2022 with an ex-dividend date of 12/15/2022. The SHOO stock dividend was $0.21 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for SHOO in the last 3 months, the mean price target is $38.75 with high estimates of $44.00 and low estimates of $33.00. In terms of 52-week highs and lows, SHOO has a high of $45.04 and a low of $26.36.

As of this writing, SHOO has an earnings estimate of $0.45 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $0.5 per share and a lower estimate of $0.35. The company reported an EPS of $0.62 in the last quarter, which was 3.30% higher than expectations of $0.6.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 8 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SHOO is Overweight with a score of 3.75. A total of 3 analysts rated the stock as Buy while 0 rated it as Overweight while 5 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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