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BTIG Sticks to Their Buy Rating for Steven Madden (SHOO)

BTIG Sticks to Their Buy Rating for Steven Madden (SHOO)

BTIG analyst Janine Stichter maintained a Buy rating on Steven Madden today and set a price target of $34.00. The company's shares closed today at $23.87.
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Stichter covers the Consumer Cyclical sector, focusing on stocks such as Boot Barn, Steven Madden, and Deckers Outdoor. According to TipRanks, Stichter has an average return of 6.2% and a 43.75% success rate on recommended stocks.
In addition to BTIG, Steven Madden also received a Buy from TR | OpenAI – 4o's Jax Loafter in a report issued on July 18. However, today, Needham maintained a Hold rating on Steven Madden (NASDAQ: SHOO).
Based on Steven Madden's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $553.53 million and a net profit of $40.42 million. In comparison, last year the company earned a revenue of $552.38 million and had a net profit of $43.93 million
Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SHOO in relation to earlier this year. Most recently, in May 2025, Al Ferrara, a Director at SHOO bought 4,000.00 shares for a total of $104,200.00.
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