The Geraldine Weiss dividend yield theory applied to Steven Madden Ltd ($SHOO) uses the stock's historical dividend yield range to estimate when the price is cheap or expensive relative to its own dividend-paying history (2018–2026). Based on that history, $SHOO is currently trading close to its fair value.

When the $SHOO yield climbs above 🟢 4.3%, the stock has historically been undervalued. When the yield falls below 🔴 1.02%, Steven Madden Ltd has historically been overvalued. The dashed 🟡 fair value (~2.66%) line marks the orientative midpoint between both extremes, not a price target.