After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Yahoo Finance discussed the stock recently as it posted Steve Madden Announces Fourth Quarter and Fiscal Year End 2023 Earnings Release Date.
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Stocks Info
This NASDAQ-listed company operates within the Footwear & Accessories industry segment, falling under the Consumer Cyclical sector. At the end of the last regular session, the stock closed at $43.86 and fluctuated between $44.15 as its day high and $43.47 as its day low. The current market capitalization of Steven Madden Ltd. is $3.27B. A total of 0.68 million shares were traded on the day, compared to an average of 599.73K shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. During the recent three months, SHOO has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 13 BUYs and 14 SELLs from insiders. Insiders purchased 157,370 shares during that period but sold 132,463.
In the most recent transaction, Frieders Karla sold 16,794 shares of SHOO for 41.97 per share on Dec 14. After the transaction, the Chief Merchandising Officer now owns 103,748 company shares. In a previous transaction on Nov 15, Davis Peter Allan sold 300 shares at 36.18 per share. SHOO shares that Director owns now total 6,951.
Among the insiders who sold shares, MIGLIORINI PETER disposed of 3,989 shares on Aug 14 at a per-share price of $34.54. This resulted in the Director holding 16,100 shares of SHOO after the transaction. In another insider transaction, Frieders Karla sold 5,000 shares at $34.15 per share on Jun 16. Company shares held by the Chief Merchandising Officer now total 120,542.
Dividend
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Steven Madden Ltd. pays an annual dividend of $0.84, resulting in a dividend yield of 1.92%, and it has a price to earnings (P/E) ratio of 19.67. SHOO’s most recent ex-dividend date was 12/14/2023 when it declared a $0.21 quarterly dividend that was paid in cash on 12/29/2023. Previously, the company paid the dividend on 9/25/2023 with an ex-dividend date of 9/14/2023. The SHOO stock dividend was $0.21 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for SHOO in the last 3 months, the mean price target is $42.30 with high estimates of $50.00 and low estimates of $38.00. In terms of 52-week highs and lows, SHOO has a high of $44.23 and a low of $29.92.
As of this writing, SHOO has an earnings estimate of $YHOO per share for the current quarter. EPS was calculated based on a consensus of Shopify Inc. estimates, with a high estimate of $Sunstone Hotel Investors, Inc. per share and a lower estimate of $Safety Shot, Inc.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. SHOO’s latest balance sheet shows that the firm has $263.54M in Cash & Short Term Investments as of fiscal 2021. There were $110.83M in debt and $435.19M in liabilities at the time. Its Book Value Per Share was $11.22, while its Total Shareholder’s Equity was $820.54M.
Analysts Opinion
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. Currently, 0 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 Buy with a score of 3.25.
