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Rocky Brands is Among the Companies in the Footwear Industry With the Highest Forward Earnings Yield (RCKY, DECK, NKE, SKX, SHOO)

By Amy Schwartz

Below are the three companies in the Footwear industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.

Rocky Brands ranks highest with a forward earnings yield of 9.0%. Following is Deckers Outdoor with a forward earnings yield of 8.8%. NIKE ranks third highest with a forward earnings yield of 7.1%.

Skechers U.S.A. follows with a forward earnings yield of 5.7%, and Steven Madden rounds out the top five with a forward earnings yield of 5.3%.

SmarTrend recommended that subscribers consider buying shares of Steven Madden on January 29th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $32.17. Since that recommendation, shares of Steven Madden have risen 13.2%. We continue to monitor Steven Madden for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward earnings yield rocky brands deckers outdoor Nike skechers u.s.a. steven madden