How to Buy Steven Madden Stock
Steven Madden Ltd
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.
Steven Madden stock last closed at $39.72, down 1.83% from the previous day, and has increased 14.76% in one year. It has underperformed other stocks in the Footwear & Accessories industry by 0.16 percentage points. Steven Madden stock is currently +32.75% from its 52-week low of $29.92, and -12.95% from its 52-week high of $45.63.
At the moment, there are 74M SHOO shares outstanding. The market cap of SHOO is $2.94B. In the last 24 hours, 784,016 SHOO shares were traded.
How to Buy Steven Madden Stock
Wondering how to invest in Steven Madden stock? Here's how.
- Choose where to buy Steven Madden stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Steven Madden stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your method of payment and add your information.
- Analyze Steven Madden stock: The Steven Madden ticker symbol is SHOO. Is Steven Madden stock a good investment? Should you buy shares of SHOO? How do SHOO's underlying business fundamentals look? Do top analysts think Steven Madden is a good buy? Why has SHOO's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if SHOO is a good stock to buy).
- Place your SHOO trade: Decide if you will purchase SHOO shares at the current market price or use a limit order to purchase SHOO stock at a given price.
- Watch your investment in SHOO: Create a watchlist to important notifications about your position in Steven Madden stock.
Step 1: Choose where to buy Steven Madden stock
You need an online brokerage account to access the NASDAQ market and buy SHOO shares.
Our favorite brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to world financial markets: From Tech to Financial Services, New York to London — you can fill your portfolio with stocks from the world's leading exchanges.
- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal info so you are able to buy SHOO today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open your new brokerage account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've created your account on app for investing, you can securely and quickly fund your account:
Check out the tutorial below if you need help depositing money into your investment account.
Step 4: Analyze Steven Madden stock
Once you have identified the best place to buy Steven Madden stock, it's very important to analyze their stock prior to buying, so you truly wrap your head around the risk and upside.
Steven Madden shares at a glance
Steven Madden Due Diligence Checks
WallStreetZen was created to help average investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on SHOO's stock page.
Is SHOO stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SHOO's intrinsic value.
Using relative valuations methods:
- SHOO could be undervalued based on its P/E ratio of 16.97x, relative to Footwear & Accessories industry P/E ratio of 29.08x
- SHOO may be undervalued based on its P/B ratio of 3.54x, relative to Footwear & Accessories industry P/B ratio of 7.26x
- SHOO may be overvalued based on its PEG ratio of 2.85x
You can access additional valuation research on SHOO's stock here.
SHOO Financial Health Overview
Pros:
- There are more short-term assets than short-term liabilities on the SHOO balance sheet.
- SHOO's operating cash flow of $229.24M allows it to safely service it's debt of $138.88M.
- SHOO earnings of $218.19M is not sufficient to cover its interest payments.
- There are more short-term assets than long-term liabilities on the SHOO balance sheet.
Cons:
- Total SHOO debt is higher than 5 years ago, relative to shareholder equity.
- SHOO has a relatively high debt to equity ratio of 0.6.
- SHOO profit margin has gone down from 10.2% to 8.7% in the past year.
Is Steven Madden stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 6 Equities analysts who give ratings on SHOO, the consensus analyst rating on Steven Madden is a Hold
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Most Recent SHOO Analyst Upgrades/Downgrades
Corey Tarlowe, a top 14% analyst from Jefferies downgrades SHOO to a hold rating and announces their SHOO price target of $40.00, on Jan 4, 2024.
You can dive deeper into what analysts are forecasting on the Steven Madden stock forecast page.
Metrics for Advanced SHOO Traders
SHOO Performance Metrics
Last year, SHOO earnings were $171.55M. During the past five year, SHOO's earnings have gone up by 8.17% per year. This was slower than the Footwear & Accessories industry average of 12.24%.
Last year, SHOO revenue was $1.98B. Over the past 5 year, SHOO's revenue has gone up by 3.39% per year. This was slower than the Footwear & Accessories industry average of 10.71%.
You can research SHOO's earnings and revenue performance here.
Are SHOO executives and large shareholders buying or selling the stock?
In the last year, insiders at SHOO have sold more shares than they have bought.
Edward R. Rosenfeld, Chief Executive Officer of SHOO, was the latest SHOO insider to sell. They sold $2,012,119.50 worth of SHOO stock on Mar 15, 2024.
Get more info about who owns SHOO shares here.
Does SHOO stock generate passive income?
Steven Madden pays a dividend of 2.11%, compared to the Footwear & Accessories industry's average dividend yield of 2.58%. If you owned $1,000 of SHOO stock, you would have received $21.15 in the past 12 months.
Steven Madden dividend payments have consistently grown over the past decade and have remained stable.
Dig into more info about Steven Madden dividend yield and history here.
What others are saying about SHOO
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your SHOO trade
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price, place a limit order.
Click the Open button and eToro will place the order.
If you want more help with investing in stocks on eToro, click the helpful video below:
Step 6: Watch your investment in SHOO
Now that you own some SHOO shares, you'll want to stay up-to-date on your new investment.
Start a watchlist to track the latest developments regarding your SHOO stock.
SHOO Feed
How to Buy Stock in Steven Madden
To reiterate, here are the 6 steps to buy stock in Steven Madden:
- Choose where to buy Steven Madden stock
- Create your brokerage account
- Put funds into your brokerage account
- Analyze Steven Madden stock
- Place your SHOO trade
- Watch your investment in SHOO
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to watch your new investment in Steven Madden, create a watchlist today.
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