Today, Steven Madden Ltd. (NASDAQ: SHOO) Takes Center Stage

After Hours

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. Earlier, Yahoo Finance discussed this stock as it revealed Steve Madden Announces Fourth Quarter and Full Year 2023 Results.

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Stocks Info

Steven Madden Ltd. is listed on the NASDAQ in the Consumer Cyclical sector while operating in the Footwear & Accessories industry. At the end of the last regular session, the stock closed at $41.62 and fluctuated between $42.18 as its day high and $41.13 as its day low. The current market capitalization of Steven Madden Ltd. is $3.08B. A total of 1.02 million shares were traded on the day, compared to an average of 728.05K shares.

In the most recent transaction, Keith Lisa sold 2,400 shares of SHOO for 41.73 per share on Mar 14 ’24. After the transaction, the EVP, Gen. Counsel, Secretary now owns 20,687 company shares. In a previous transaction on Mar 07 ’24, Davis Peter Allan sold 1,200 shares at 42.13 per share. SHOO shares that Director owns now total 5,751.

Among the insiders who sold shares, Frieders Karla disposed of 16,794 shares on Dec 14 ’23 at a per-share price of $41.97. This resulted in the Chief Merchandising Officer holding 103,748 shares of SHOO after the transaction. In another insider transaction, Davis Peter Allan sold 300 shares at $36.18 per share on Nov 15 ’23. Company shares held by the Director now total 6,951.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Steven Madden Ltd. pays an annual dividend of $0.84, resulting in a dividend yield of 2.02%, and it has a price to earnings (P/E) ratio of 18.07. SHOO’s most recent ex-dividend date was 3/7/2024 when it declared a $0.21 quarterly dividend that was paid in cash on 3/22/2024. Previously, the company paid the dividend on 12/29/2023 with an ex-dividend date of 12/14/2023. The SHOO stock dividend was $0.21 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, SHOO has a high of $45.63 and a low of $29.92.

As of this writing, SHOO has an earnings estimate of $0.56 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.62 per share and a lower estimate of $0.5. The company reported an EPS of $0.88 in the last quarter, which was 2.30% higher than expectations of $0.86.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. 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 $11.26, while its Total Shareholder’s Equity was $820.54M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. 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.

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