Stein Mart, Inc. is a national retailer offering the fashion merchandise, service and presentation of a department or specialty store. The Company offers apparel for women and men, as well as accessories, shoes and home fashions. The Company's target customers are women over 45 years old. The Company operates approximately 280 stores in over 30 states and an Internet store. Its stores are located in the Northeast, Midwest, Southeast, Texas and the Southwest. It is concentrated in the Southeast and Texas where over 180 of its stores are located. The Company's stores offer a range of services, such as merchandise locator service, a Preferred Customer program, co-branded and private label credit card programs, and electronic gift cards. The Company's merchants purchase products from approximately 1,200 vendors. It leases all of its store locations, generally for approximately 10 years with options to extend the lease term for over two or five year periods.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Apparel & Accessories Retailers - NEC
- Sub-Industry: Apparel Retail
- Symbol: NASDAQ:SMRT
- CUSIP: 85837510
- Web: www.steinmart.com
Capitalization:- Market Cap: $60 million
- Outstanding Shares: 47,621,000
Average Prices:- 50 Day Moving Avg: $1.51
- 200 Day Moving Avg: $2.63
- 52 Week Range: $1.00 - $9.23
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 8.40
- P/E Growth: -0.77
Sales & Book Value:- Annual Revenue: $1.34 billion
- Price / Sales: 0.04
- Book Value: $1.52 per share
- Price / Book: 0.83
Profitability:- EBIDTA: $27.67 million
- Net Margins: -0.69%
- Return on Equity: -10.71%
- Return on Assets: -1.49%
Debt:- Debt-to-Equity Ratio: 2.08%
- Current Ratio: 1.50%
- Quick Ratio: 0.16%
Misc:- Average Volume: 1.24 million shs.
- Beta: 0.84
- Short Ratio: 6.85
Frequently Asked Questions for Stein Mart (NASDAQ:SMRT)
What is Stein Mart's stock symbol?
Stein Mart trades on the NASDAQ under the ticker symbol "SMRT."
How often does Stein Mart pay dividends? What is the dividend yield for Stein Mart?
Stein Mart declared a quarterly dividend on Tuesday, March 14th. Shareholders of record on Friday, March 31st will be paid a dividend of $0.075 per share on Friday, April 14th. This represents a $0.30 annualized dividend and a yield of 23.81%. The ex-dividend date is Wednesday, March 29th. View Stein Mart's Dividend History.
How were Stein Mart's earnings last quarter?
Stein Mart, Inc. (NASDAQ:SMRT) posted its quarterly earnings results on Wednesday, May, 17th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.15 by $0.05. The company had revenue of $337.30 million for the quarter, compared to analyst estimates of $362.21 million. Stein Mart had a negative net margin of 0.69% and a negative return on equity of 10.71%. The company's quarterly revenue was down 5.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.30 earnings per share. View Stein Mart's Earnings History.
When will Stein Mart make its next earnings announcement?
Where is Stein Mart's stock going? Where will Stein Mart's stock price be in 2017?
3 equities research analysts have issued 12-month price targets for Stein Mart's shares. Their forecasts range from $7.00 to $8.00. On average, they expect Stein Mart's stock price to reach $7.50 in the next twelve months. View Analyst Ratings for Stein Mart.
Who are some of Stein Mart's key competitors?
Some companies that are related to Stein Mart include Destination XL Group (DXLG), U.S. Auto Parts Network (PRTS), New York & Company (NWY), Luby's (LUB), Tuesday Morning Corp. (TUES), Papa Murphy's Holdings (FRSH), Diversified Restaurant Holdings (SAUC), EVINE Live (EVLV), Rocky Mountain Chocolate Factory (RMCF), Bravo Brio Restaurant Group (BBRG), Xcel Brands (XELB), bebe stores, inc. (BEBE), Stage Stores (SSI), Christopher & Banks Corporation (CBK), Good Times Restaurants (GTIM), Destination Maternity Corporation (DEST), Kona Grill (KONA) and Famous Dave's of America (DAVE).
Who are Stein Mart's key executives?
Stein Mart's management team includes the folowing people:
- Jay Stein, Chairman of the Board
- MaryAnne Guarilia Morin, President
- D. Hunt Hawkins, Chief Executive Officer, Director
- John H. Williams Jr., Vice Chairman of the Board
- Gregory W. Kleffner, Chief Financial Officer, Executive Vice President
- Roseann McLean, Executive Vice President - Planning and Allocation
- Gary L. Pierce, Executive Vice President, Director - Stores
- Richard L. Sisisky, Lead Independent Director
- Mitchell W. Legler Esq., Director
- Irwin S. Cohen, Independent Director
Who owns Stein Mart stock?
Stein Mart's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Prescott Group Capital Management L.L.C. (0.43%). Company insiders that own Stein Mart stock include D Hunt Hawkins, Eva Chantelle Quick, Gregory W Kleffner, Jay Stein, John H Williams Jr, Mcfarland Linda Farthing, Mitchell W Legler and Richard L Sisisky. View Institutional Ownership Trends for Stein Mart.
Who bought Stein Mart stock? Who is buying Stein Mart stock?
Stein Mart's stock was acquired by a variety of institutional investors in the last quarter, including Prescott Group Capital Management L.L.C.. Company insiders that have bought Stein Mart stock in the last two years include Eva Chantelle Quick, Jay Stein, John H Williams Jr, Mitchell W Legler and Richard L Sisisky. View Insider Buying and Selling for Stein Mart.
How do I buy Stein Mart stock?
Shares of Stein Mart can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Stein Mart's stock price today?
One share of Stein Mart stock can currently be purchased for approximately $1.26.
MarketBeat Community Rating for Stein Mart (NASDAQ SMRT)MarketBeat's community ratings are surveys of what our community members think about Stein Mart and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Earnings History for Stein Mart (NASDAQ:SMRT)Earnings History by Quarter for Stein Mart (NASDAQ SMRT)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/17/2017 | | ($0.17) | | | | | N/A |  |
| 5/17/2017 | Q1 17 | $0.15 | $0.10 | $362.21 million | $337.30 million | View | N/A | |
| 3/8/2017 | Q4 2017 | ($0.05) | ($0.11) | $395.92 million | $385.50 million | View | Listen | |
| 11/17/2016 | Q316 | ($0.15) | ($0.24) | $303.16 million | $299.50 million | View | Listen | |
| 8/19/2016 | Q216 | $0.07 | $0.06 | $332.10 million | $319.76 million | View | Listen | |
| 5/19/2016 | Q116 | $0.26 | $0.30 | $364.77 million | $355.70 million | View | Listen | |
| 3/10/2016 | Q415 | $0.21 | $0.17 | $394.34 million | $394.10 million | View | Listen | |
| 11/19/2015 | Q315 | ($0.05) | $0.01 | $310.93 million | $300.70 million | View | Listen | |
| 8/20/2015 | Q215 | $0.05 | $0.10 | $313.68 million | $311.60 million | View | Listen | |
| 5/21/2015 | Q115 | $0.34 | $0.31 | $347.96 million | $353.50 million | View | Listen | |
| 3/12/2015 | Q414 | $0.29 | $0.32 | $3.86 billion | $387.00 million | View | N/A | |
| 11/20/2014 | Q314 | $0.01 | $0.02 | $302.00 million | $303.70 million | View | Listen | |
| 8/21/2014 | Q214 | $0.08 | $0.08 | $300.80 million | $298.20 million | View | N/A | |
| 5/22/2014 | Q114 | $0.32 | $0.32 | $328.06 million | $328.90 million | View | N/A | |
| 3/13/2014 | Q414 | $0.26 | $0.29 | $364.50 million | $360.80 million | View | N/A | |
| 8/22/2013 | Q2 2013 | $0.08 | $0.08 | $295.53 million | $291.00 million | View | N/A | |
| 5/23/2013 | Q1 2013 | $0.29 | $0.33 | $312.30 million | $321.40 million | View | N/A | |
| 5/3/2013 | Q4 2012 | $0.22 | $0.30 | | | View | N/A | |
| 8/16/2012 | | $0.02 | $0.02 | | | View | N/A | |
| 5/17/2012 | | $0.30 | $0.32 | | | View | N/A | |
| 3/8/2012 | | $0.19 | $0.15 | | | View | N/A | |
| 11/17/2011 | | ($0.02) | ($0.04) | | | View | N/A | |
| 8/18/2011 | | $0.06 | $0.03 | | | View | N/A | |
| 5/19/2011 | | $0.31 | $0.32 | | | View | N/A | |
| 3/10/2011 | | $0.22 | $0.32 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Stein Mart (NASDAQ:SMRT)2017 EPS Consensus Estimate: $0.13
2018 EPS Consensus Estimate: $0.29
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.28 | $0.28 | $0.28 |
| Q2 2017 | 1 | $0.07 | $0.07 | $0.07 |
| Q3 2017 | 1 | ($0.16) | ($0.16) | ($0.16) |
| Q4 2017 | 1 | ($0.06) | ($0.06) | ($0.06) |
| Q1 2018 | 1 | $0.26 | $0.26 | $0.26 |
| Q2 2018 | 1 | $0.04 | $0.04 | $0.04 |
| Q3 2018 | 1 | ($0.11) | ($0.11) | ($0.11) |
| Q4 2018 | 1 | $0.10 | $0.10 | $0.10 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Stein Mart (NASDAQ:SMRT)| Most Recent Dividend: | 4/14/2017 |
| Annual Dividend: | $0.30 |
| Dividend Yield: | 23.81% |
| Payout Ratio: | -142.86% (Trailing 12 Months of Earnings)
-333.33% (Based on This Year's Estimates)
200.00% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Stein Mart (NASDAQ SMRT)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/14/2017 | quarterly | $0.08 | 11.07% | 3/29/2017 | 3/31/2017 | 4/14/2017 |
| 12/15/2016 | quarterly | $0.08 | 5.22% | 12/28/2016 | 12/30/2016 | 1/13/2017 |
| 9/16/2016 | quarterly | $0.08 | 3.96% | 9/27/2016 | 9/29/2016 | 10/14/2016 |
| 6/21/2016 | quarterly | $0.08 | 3.95% | 6/28/2016 | 6/30/2016 | 7/15/2016 |
| 3/18/2016 | quarterly | $0.08 | 3.92% | 3/30/2016 | 4/1/2016 | 4/15/2016 |
| 12/9/2015 | quarterly | $0.08 | 4.16% | 12/29/2015 | 12/31/2015 | 1/15/2016 |
| 9/15/2015 | quarterly | $0.08 | 2.92% | 9/29/2015 | 10/1/2015 | 10/16/2015 |
| 6/23/2015 | quarterly | $0.08 | 2.71% | 6/30/2015 | 7/3/2015 | 7/17/2015 |
| 3/12/2015 | quarterly | $0.08 | 2.41% | 3/31/2015 | 4/2/2015 | 4/17/2015 |
| 2/4/2015 | special | $5.00 | 1.9% | 2/11/2015 | 2/13/2015 | 2/27/2015 |
| 12/9/2014 | quarterly | $0.08 | 2.11% | 12/30/2014 | 1/2/2015 | 1/16/2015 |
| 9/23/2014 | quarterly | $0.08 | 2.54% | 10/1/2014 | 10/3/2014 | 10/17/2014 |
| 4/24/2014 | quarterly | $0.08 | 2.36% | 7/1/2014 | 7/3/2014 | 7/18/2014 |
| 3/12/2014 | quarterly | $0.05 | 1.4% | 4/2/2014 | 4/4/2014 | 4/18/2014 |
| 12/10/2013 | quarterly | $0.05 | 1.5% | 12/31/2013 | 1/3/2014 | 1/17/2014 |
| 9/10/2013 | quarterly | $0.05 | 1.53% | 10/2/2013 | 10/4/2013 | 10/18/2013 |
| 6/18/2013 | quarterly | $0.05 | 1.47% | 7/2/2013 | 7/5/2013 | 7/19/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Stein Mart (NASDAQ:SMRT)Insider Ownership Percentage: 34.70%
Institutional Ownership Percentage: 42.27%
Insider Trades by Quarter for Stein Mart (NASDAQ:SMRT)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/24/2017 | Jay Stein | Chairman | Buy | 900,000 | $1.50 | $1,350,000.00 | |
| 5/24/2017 | Mitchell W Legler | Director | Buy | 45,000 | $1.54 | $69,300.00 | |
| 5/23/2017 | Richard L Sisisky | Director | Buy | 50,000 | $1.51 | $75,500.00 | |
| 5/22/2017 | Eva Chantelle Quick | Insider | Buy | 8,500 | $1.27 | $10,795.00 | |
| 11/22/2016 | John H Williams Jr | Vice Chairman | Buy | 8,300 | $5.10 | $42,330.00 | |
| 11/21/2016 | John H Williams Jr | Vice Chairman | Buy | 30,000 | $5.10 | $153,000.00 | |
| 8/25/2016 | Gregory W Kleffner | CFO | Sell | 1,700 | $8.50 | $14,450.00 | |
| 6/10/2016 | D Hunt Hawkins | COO | Sell | 10,000 | $7.23 | $72,300.00 | |
| 1/15/2016 | Jay Stein | CEO | Buy | 63,000 | $6.43 | $405,090.00 | |
| 1/13/2016 | Jay Stein | CEO | Buy | 127,500 | $6.49 | $827,475.00 | |
| 11/24/2015 | Mitchell W Legler | Director | Buy | 10,000 | $7.19 | $71,900.00 | |
| 8/24/2015 | Mcfarland Linda Farthing | Director | Sell | 12,208 | $10.33 | $126,108.64 | |
| 12/18/2014 | John H Williams Jr | Chairman | Sell | 33,654 | $14.70 | $494,713.80 | |
| 12/17/2014 | John H Williams Jr | Chairman | Sell | 27,115 | $14.59 | $395,607.85 | |
| 7/3/2014 | Martin E Stein Jr | Director | Sell | 8,495 | $14.23 | $120,883.85 | |
| 11/26/2013 | Susan Falk | Director | Sell | 4,531 | $14.52 | $65,790.12 | |
| 10/28/2013 | Mcfarland Linda Farthing | Director | Sell | 20,000 | $15.50 | $310,000.00 | |
| 10/24/2013 | Mcfarland Linda Farthing | Director | Sell | 20,000 | $15.00 | $300,000.00 | |
| 10/22/2013 | D Hunt Hawkins | EVP | Sell | 28,565 | $14.76 | $421,619.40 | |
| 10/21/2013 | Mcfarland Linda Farthing | Director | Sell | 20,000 | $14.75 | $295,000.00 | |
| 10/14/2013 | Mcfarland Linda Farthing | Director | Sell | 40,000 | $14.38 | $575,200.00 | |
| 9/24/2013 | Mcfarland Linda Farthing | Director | Sell | 20,000 | $13.50 | $270,000.00 | |
| 9/17/2013 | Mcfarland Linda Farthing | Director | Sell | 10,000 | $13.25 | $132,500.00 | |
| 8/29/2013 | Mcfarland Linda Farthing | Director | Sell | 12,546 | $12.59 | $157,954.14 | |
| 8/26/2013 | Mcfarland Linda Farthing | Director | Sell | 9,300 | $13.02 | $121,086.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Stein Mart (NASDAQ:SMRT)
Latest Headlines for Stein Mart (NASDAQ:SMRT)
| Source: |
|
| Date | Headline |
|---|
 | ETFs with exposure to Stein Mart, Inc. : July 13, 2017
finance.yahoo.com - July 14 at 8:31 AM |
| JBG SMITH Properties Set to Join S&P MidCap 400; Chico's FAS to Join S&P SmallCap 600
finance.yahoo.com - July 11 at 8:17 PM |
| BOHAN Wins Stein Mart Account
finance.yahoo.com - July 7 at 12:01 PM |
| ETFs with exposure to Stein Mart, Inc. : July 3, 2017
finance.yahoo.com - July 4 at 7:29 AM |
 | Stein Mart Named Top Dividend Stock With Insider Buying And 17.65% Yield (SMRT)
www.thestreet.com - June 30 at 6:47 AM |
| ETFs with exposure to Stein Mart, Inc. : June 22, 2017
finance.yahoo.com - June 22 at 6:40 PM |
 | Stein Mart, Inc. Announces Results of Annual Meeting of Shareholders - GlobeNewswire (press release)
globenewswire.com - June 22 at 1:38 PM |
| Stein Mart, Inc. Announces Results of Annual Meeting of Shareholders
finance.yahoo.com - June 21 at 5:32 AM |
| ETFs with exposure to Stein Mart, Inc. : June 12, 2017
finance.yahoo.com - June 12 at 7:21 PM |
 | Stein Mart, Inc. (SMRT) Short Interest Up 68.7% in May
www.americanbankingnews.com - June 11 at 7:18 AM |
| Stein Mart, Inc. :SMRT-US: Earnings Analysis: Q1, 2018 By the Numbers : June 9, 2017
finance.yahoo.com - June 9 at 8:08 PM |
| Stein Mart, Inc. (SMRT) Sees Large Increase in Short Interest
www.americanbankingnews.com - June 2 at 9:14 AM |
 | Form 4 STEIN MART INC For: Jan 27 Filed by: Quick Eva Chantelle
www.streetinsider.com - June 1 at 11:48 PM |
| Stein Mart, Inc. (SMRT) Chairman Jay Stein Acquires 900,000 Shares
www.americanbankingnews.com - May 25 at 10:21 PM |
| Stein Mart, Inc. (SMRT) Insider Acquires $10,795.00 in Stock
www.americanbankingnews.com - May 24 at 8:24 PM |
| Stein Mart, Inc. (SMRT) Director Acquires $75,500.00 in Stock
www.americanbankingnews.com - May 24 at 4:23 PM |
| Mitchell W. Legler Acquires 45,000 Shares of Stein Mart, Inc. (SMRT) Stock
www.americanbankingnews.com - May 24 at 4:22 PM |
 | Crushing drop for Stein Mart after earnings - Seeking Alpha
seekingalpha.com - May 20 at 5:04 AM |
| Stein Mart stock slides after dismal Wednesday earnings
finance.yahoo.com - May 20 at 5:04 AM |
| Stein Mart, Inc. (SMRT) Downgraded by TheStreet to "D+"
www.americanbankingnews.com - May 19 at 1:38 PM |
| Pre-Open Movers 05/18: (GLYC ) (ATHN) (PLCE) Higher; (ASNA) (SMRT) (MEET) Lower (more...)
www.streetinsider.com - May 18 at 1:05 PM |
| Edited Transcript of SMRT earnings conference call or presentation 17-May-17 8:30pm GMT
finance.yahoo.com - May 18 at 1:05 PM |
| Crushing drop for Stein Mart after earnings
seekingalpha.com - May 18 at 10:37 AM |
| After-Hours Stock Movers 05/17: (GLYC) (P) (INCY) Higher; (ASNA) (SMRT) (CSCO) Lower (more...)
www.streetinsider.com - May 17 at 7:50 PM |
| Investor Network: Stein Mart, Inc. to Host Earnings Call
finance.yahoo.com - May 17 at 7:50 PM |
| Stein Mart, Inc. Reports First Quarter Fiscal 2017 Results
finance.yahoo.com - May 17 at 7:50 PM |
| Stein Mart posts 1Q profit
finance.yahoo.com - May 17 at 7:50 PM |
| Stein Mart to suspend quarterly dividends after Q1 income plummets
finance.yahoo.com - May 17 at 7:50 PM |
| Stein Mart, Inc. (SMRT) Issues Quarterly Earnings Results, Misses Expectations By $0.11 EPS
www.americanbankingnews.com - May 17 at 5:22 PM |
| ETFs with exposure to Stein Mart, Inc. : May 15, 2017
finance.yahoo.com - May 15 at 7:08 PM |
| Stein Mart, Inc. (SMRT) Short Interest Up 37.9% in April
www.americanbankingnews.com - May 13 at 7:08 AM |
| Macy's Is Smartly Wading Deeper Into Off-Price Waters
seekingalpha.com - May 13 at 12:39 AM |
| Somewhat Critical Media Coverage Extremely Likely to Affect Stein Mart (SMRT) Share Price
www.americanbankingnews.com - May 3 at 9:29 AM |
| ETFs with exposure to Stein Mart, Inc. : May 1, 2017
finance.yahoo.com - May 1 at 7:07 PM |
| Stein Mart Announces First Quarter 2017 Earnings Release and Conference Call
finance.yahoo.com - April 27 at 3:22 PM |
| Negative Media Coverage Very Likely to Affect Stein Mart (SMRT) Stock Price
www.americanbankingnews.com - April 27 at 3:04 PM |
 | Ivanka Trump apparel labeled under another name at discount retailer
www.marketwatch.com - April 24 at 6:19 PM |
 | Research Reports Initiation on Apparel Stores Stocks -- Francesca's, Stein Mart, Buckle, and Children's Place
www.prnewswire.com - April 24 at 11:32 AM |
| The company that makes Ivanka Trump's brand secretly sold the first daughter's line under a different name
finance.yahoo.com - April 24 at 11:32 AM |
| Somewhat Positive Media Coverage Extremely Likely to Affect Stein Mart (SMRT) Stock Price
www.americanbankingnews.com - April 23 at 9:55 AM |
| ETFs with exposure to Stein Mart, Inc. : April 19, 2017
finance.yahoo.com - April 19 at 7:53 PM |
| Somewhat Positive Media Coverage Somewhat Unlikely to Affect Stein Mart (SMRT) Share Price
www.americanbankingnews.com - April 18 at 8:00 PM |
| Stein Mart, Inc. :SMRT-US: Earnings Analysis: Q4, 2017 By the Numbers : April 17, 2017
finance.yahoo.com - April 17 at 6:50 PM |
| Stein Mart (SMRT) Getting Very Positive Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 15 at 9:21 AM |
| Short Interest in Stein Mart, Inc. (SMRT) Grows By 68.5%
www.americanbankingnews.com - April 15 at 7:10 AM |
 | Stein Mart Inc (SMRT) Files 10-K for the Fiscal Year Ended on ... - Nasdaq
www.nasdaq.com - April 14 at 3:37 PM |
| Stein Mart Inc (SMRT) Files 10-K for the Fiscal Year Ended on January 31, 2017
finance.yahoo.com - April 14 at 12:30 PM |
| Short Interest Increases 68.5% For SMRT
www.thestreet.com - April 12 at 11:05 PM |
| Stein Mart, Inc. : SMRT-US: Dividend Analysis : March 31st, 2017 (record date) : By the numbers : April 12, 2017
finance.yahoo.com - April 12 at 1:03 PM |
| Stein Mart, Inc. (SMRT) Expected to Post Quarterly Sales of $0.00
www.americanbankingnews.com - April 7 at 5:49 PM |
Stein Mart (SMRT) Chart for Friday, July, 21, 2017
