SMRT - Stein Mart Inc Stock Price, Fair Value and News

2.65USD-0.07 (-2.57%)Delayed as of 17 May 2024, 01:06 pm ET

Market Summary

USD2.65-0.07

Delayedas of 17 May 2024, 01:06 pm

-2.57%

SMRT Alerts

Big fall in Revenue (Y/Y)

Big jump in Earnings (Y/Y)
Losses in recent quarter

SMRT Stock Price

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SMRT RSI Chart

SMRT Valuation

Market Cap

549.0M

Price/Earnings (Trailing)

-18.89

Price/Sales (Trailing)

2.47

EV/EBITDA

-23.96

Price/Free Cashflow

39.43

SMRT Price/Sales (Trailing)

SMRT Profitability

Operating Margin

26.92%

EBT Margin

-13.10%

Return on Equity

-8.73%

Return on Assets

-5.99%

Free Cashflow Yield

2.54%

SMRT Fundamentals

SMRT Revenue

Revenue (TTM)

222.2M

Rev. Growth (Yr)

-22.42%

Rev. Growth (Qtr)

-16.21%

SMRT Earnings

Earnings (TTM)

-29.1M

Earnings Growth (Yr)

41.79%

Earnings Growth (Qtr)

-133.09%

Breaking Down SMRT Revenue

52 Week Range

2.564.12

(Low)(High)

Last 7 days

13.8%

Last 30 days

8.4%

Last 90 days

-4.9%

Trailing 12 Months

-25.9%

How does SMRT drawdown profile look like?

SMRT Financial Health

Current Ratio

2.99

SMRT Investor Care

Shares Dilution (1Y)

1.19%

Diluted EPS (TTM)

-0.14

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	222.2M	0	0	0
2023	195.5M	206.5M	217.1M	236.8M
2022	128.8M	149.6M	161.9M	167.8M
2021	55.1M	71.0M	89.6M	110.6M
2020	0	41.7M	47.1M	52.5M
2019	0	0	0	36.2M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Stein Mart Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 09, 2024	young robyn	acquired	-	-	2,099	chief marketing officer
May 09, 2024	young robyn	sold (taxes)	-2,030	2.31	-879	chief marketing officer
Apr 24, 2024	haldeman lucas merwan	acquired	-	-	1,521	chief executive officer
Apr 24, 2024	haldeman lucas merwan	sold (taxes)	-1,477	2.32	-637	chief executive officer
Apr 24, 2024	haldeman lucas merwan	sold (taxes)	-178	2.32	-77.00	chief executive officer
Apr 24, 2024	derose-wilson isaiah	acquired	-	-	244	chief technology officer
Apr 24, 2024	derose-wilson isaiah	sold (taxes)	-238	2.32	-103	chief technology officer
Apr 24, 2024	haldeman lucas merwan	acquired	-	-	183	chief executive officer
Apr 19, 2024	stemm daryl	acquired	-	-	2,544	cfo
Apr 19, 2024	derose-wilson isaiah	acquired	-	-	6,105	chief technology officer

Which funds bought or sold SMRT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	AMERIPRISE FINANCIAL INC	new	-	4,223,280	4,223,280	-%
May 15, 2024	Nishkama Capital, LLC	added	330	852,862	1,179,120	0.09%
May 15, 2024	Tikvah Management LLC	unchanged	-	-1,700,910	8,938,130	2.80%
May 15, 2024	Blue Door Asset Management, LLC	added	41.57	1,888,030	11,858,600	7.07%
May 15, 2024	Schusterman Interests, LLC	sold off	-100	-148,622	-	-%
May 15, 2024	Owls Nest Partners IA, LLC	new	-	288,006	288,006	0.08%
May 15, 2024	683 Capital Management, LLC	new	-	1,998,870	1,998,870	0.15%
May 15, 2024	Long Pond Capital, LP	added	26.06	597,441	10,709,100	0.61%
May 15, 2024	Starwood Capital Group Management, L.L.C.	unchanged	-	-1,530,000	8,040,000	85.79%
May 15, 2024	EMG Holdings, L.P.	sold off	-100	-376,535	-	-%

Are Funds Buying or Selling SMRT?

Are funds buying SMRT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SMRT

No. of Funds

Unveiling Stein Mart Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vulcan value partners, llc	4.83%	9,817,910	SC 13G/A
Feb 13, 2024	vanguard group inc	9.77%	19,857,242	SC 13G/A
Feb 12, 2024	citigroup inc	3.9%	7,853,537	SC 13G
Jan 26, 2024	blackrock inc.	7.3%	14,918,760	SC 13G
Apr 07, 2023	haldeman lucas merwan	7.3%	14,754,984	SC 13D/A
Feb 17, 2023	retv gp, llc	0.0%	0	SC 13D/A
Feb 14, 2023	vulcan value partners, llc	6.79%	13,467,254	SC 13G
Feb 10, 2023	citigroup inc	5.3%	10,506,200	SC 13G
Feb 09, 2023	vanguard group inc	7.03%	13,936,945	SC 13G
Feb 07, 2023	retv gp, llc	0.0%	78,923	SC 13D/A

Recent SEC filings of Stein Mart Inc

View All Filings

Date Filed	Form Type	Document
May 15, 2024	8-K	Current Report
May 14, 2024	4	Insider Trading
May 14, 2024	4	Insider Trading
May 14, 2024	4	Insider Trading
May 14, 2024	4	Insider Trading
May 14, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 09, 2024	4	Insider Trading
May 09, 2024	8-K/A	Current Report
May 08, 2024	10-Q	Quarterly Report

Peers (Alternatives to Stein Mart Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	276.2B	34.9B	2.64%	35.99%	66.78	7.92	11.18%	1888.46%
UBER	138.0B	38.6B	-10.89%	74.58%	99.3	3.58	14.01%	141.26%
ADSK	47.2B	5.3B	-3.40%	11.10%	51.44	8.82	9.15%	48.14%
ANSS	28.6B	2.2B	0.22%	8.56%	65.8	12.84	3.59%	-21.47%
ZM	19.2B	4.5B	7.91%	-5.72%	30.18	4.25	3.06%	514.65%
MID-CAP
APPF	8.9B	671.8M	15.04%	73.64%	116.5	13.26	33.64%	185.98%
LYFT	6.8B	4.7B	-7.12%	102.99%	-36.99	1.46	10.90%	88.31%
ALRM	3.5B	895.2M	7.71%	38.18%	39.05	3.91	5.72%	46.94%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
AI	3.2B	296.4M	27.90%	-2.71%	-11.63	10.66	11.14%	-3.59%
AGYS	2.7B	228.1M	21.22%	44.46%	31.02	11.87	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
APPS	264.2M	572.4M	44.69%	-80.57%	-1.34	0.46	-19.38%	-489.49%
AEYE	240.0M	31.6M	57.11%	237.99%	-40.87	7.59	2.76%	43.72%
ASUR	197.0M	117.7M	7.61%	-40.73%	-19.97	1.67	12.54%	11.24%

Stein Mart Inc News

Latest updates

Stein Mart Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																	(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Revenue	-16.2%	50,489,000	60,253,000	58,104,000	53,402,000	65,079,000	40,551,000	47,502,000	42,409,000	37,359,000	34,668,000	35,132,000	21,677,000	19,160,000	13,601,000	16,588,000	5,791,000	-
Cost Of Revenue	-28.2%	31,066,000	43,253,000	44,573,000	43,519,000	55,964,000	36,630,000	46,319,000	41,421,000	42,103,000	37,822,000	41,920,000	21,394,000	19,574,000	16,514,000	16,621,000	7,854,000	-
Operating Expenses	29.6%	29,582,000	22,831,000	23,478,000	21,970,000	24,409,000	26,191,000	27,848,000	28,001,000	23,559,000	22,755,000	19,739,000	10,281,000	8,804,000	7,971,000	8,069,000	7,959,000	-
S&GA Expenses	-0.6%	4,554,000	4,583,000	4,636,000	4,829,000	5,161,000	4,670,000	4,901,000	6,139,000	5,162,000	4,923,000	4,948,000	2,392,000	1,754,000	1,381,000	1,328,000	1,183,000	-
R&D Expenses	12.0%	8,362,000	7,465,000	7,573,000	6,536,000	7,231,000	7,336,000	7,610,000	8,030,000	6,446,000	7,515,000	6,881,000	4,083,000	3,093,000	2,765,000	2,637,000	2,134,000	-
EBITDA Margin	25.6%	-0.06	-0.09	-0.18	-0.29	-0.40	-0.57	-0.64	-0.70	-0.70	-0.65	-0.63	-0.54	-0.70	-0.71	-	-	-
Interest Expenses	-4.3%	2,409,000	2,516,000	2,233,000	1,815,000	2,016,000	1,199,000	506,000	253,000	-12,000	-48,000	-57,000	-64,000	-82,000	-49,000	-130,000	170,000	-
Income Taxes	152.3%	45,000	-86,000	-33,000	18,000	-7,000	347,000	81,000	-1,009,000	-4,807,000	-15,000	43,000	41,000	46,000	-	48,000	44,000	-
Earnings Before Taxes	-125.8%	-7,647,000	-3,386,000	-7,756,000	-10,331,000	-13,222,000	-21,042,000	-25,869,000	-26,598,000	-28,201,000	-25,973,000	-26,642,000	-10,010,000	-9,221,000	-10,709,000	-8,649,000	-10,404,000	-
EBT Margin	10.6%	-0.13	-0.15	-0.24	-0.34	-0.44	-0.61	-0.66	-0.72	-0.70	-0.65	-0.63	-0.54	-0.71	-0.70	-	-	-
Net Income	-133.1%	-7,692,000	-3,300,000	-7,723,000	-10,349,000	-13,215,000	-21,389,000	-25,950,000	-25,589,000	-23,394,000	-25,958,000	-26,685,000	-10,051,000	-9,267,000	-10,688,000	-8,697,000	-10,448,000	-
Net Income Margin	10.5%	-0.13	-0.15	-0.24	-0.34	-0.44	-0.57	-0.62	-0.68	-0.67	-0.65	-0.63	-0.54	-0.71	-0.71	-	-	-
Free Cashflow	-146.1%	-3,371,000	7,316,000	14,251,000	-4,274,000	-11,459,000	1,236,000	-44,861,000	-6,301,000	-29,020,000	-29,251,000	-23,572,000	-11,035,000	-7,989,000	13,797,000	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet															(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2019Q4
Assets	-4.8%	485	510	516	521	536	561	551	576	600	580	583	141	348	104	47.00
Current Assets	-6.1%	319	340	344	346	357	378	364	389	418	536	557	121	3.00	88.00	40.00
Cash Equivalents	-4.9%	205	215	211	197	204	210	210	255	278	431	473	54.00	65.00	39.00	21.00
Inventory	-25.7%	31.00	42.00	48.00	61.00	67.00	76.00	61.00	59.00	42.00	33.00	22.00	22.00	-	18.00	6.00
Net PPE	-6.1%	1.00	1.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	1.00	-	1.00	1.00
Goodwill	0%	117	117	117	117	117	117	118	118	105	9.00	4.00	4.00	-	4.00	-
Liabilities	-8.9%	152	167	172	174	182	197	169	171	170	130	110	91.00	13.00	71.00	46.00
Current Liabilities	-8.8%	107	117	124	121	123	133	98.00	103	105	71.00	62.00	49.00	1.00	33.00	21.00
Shareholder's Equity	-2.7%	333	342	343	347	355	364	382	405	430	450	472	5.00	5.00	0.00	-
Retained Earnings	-4.2%	-297	-285	-282	-274	-264	-250	-229	-203	-178	-154	-128	-101	-0.26	-82.64	-45.53
Additional Paid-In Capital	0.4%	631	628	626	622	619	615	612	609	608	604	601	5.00	5.00	4.00	1.00
Accumulated Depreciation	7.4%	3.00	2.00	-	-	-	-	-	-	-	-	1.00	1.00	-	0.00	0.00
Shares Outstanding	-0.4%	203	203	203	200	199	199	196	198	194	75.00	194	-	9.00	-	-
Float	-	-	-	-	681	-	-	-	569	-	-	-	425	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																	(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Cashflow From Operations	-145.4%	-3,337	7,347	14,318	-4,252	-11,432	1,547	-44,529	-6,064	-28,787	-28,631	-23,061	-10,788	-7,896	13,821	-16,546	-	-
Share Based Compensation	7.9%	3,281	3,042	3,273	3,276	3,571	2,894	3,066	3,621	3,324	2,764	4,102	226	227	212	236	-	-
Cashflow From Investing	64.7%	-956	-2,710	-985	-2,301	-27.00	-1,570	-1,171	-13,484	-117,768	-6,522	-2,511	-247	-93.00	-24.00	-116	-	-
Cashflow From Financing	-1495.6%	-6,462	-405	778	-424	-1,854	-276	381	-3,386	480	-4,605	444,567	-417	34,381	-139	-4,327	-	-

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SMRT Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue
Total revenue	$ 50,489	$ 65,079
Cost of revenue
Total cost of revenue	31,066	55,964
Operating expense
Research and development	8,362	7,231
Sales and marketing	4,554	5,161
General and administrative	16,666	12,017
Total operating expense	29,582	24,409
Loss from operations	(10,159)	(15,294)
Interest income, net	2,409	2,016
Other income, net	103	56
Loss before income taxes	(7,647)	(13,222)
Income tax expense (benefit)	45	(7)
Net loss	(7,692)	(13,215)
Other comprehensive loss
Foreign currency translation adjustment	6	104
Comprehensive loss	$ (7,686)	$ (13,111)
Net loss per common share
Net loss per common share basic	$ (0.04)	$ (0.07)
Net loss per common share diluted	$ (0.04)	$ (0.07)
Weighted-average number of shares used in computing net loss per share basic	203,485	198,334
Weighted-average number of shares used in computing net loss per share diluted	203,485	198,334
Hardware
Revenue
Total revenue	$ 29,077	$ 37,325
Cost of revenue
Total cost of revenue	18,684	32,572
Professional Services
Revenue
Total revenue	3,458	12,769
Cost of revenue
Total cost of revenue	6,448	17,634
Hosted Services
Revenue
Total revenue	17,954	14,985
Cost of revenue
Total cost of revenue	$ 5,934	$ 5,758

SMRT Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 204,701	$ 215,214
Restricted cash, current portion	247	495
Accounts receivable, net	58,093	61,903
Inventory	30,899	41,575
Deferred cost of revenue, current portion	11,528	11,794
Prepaid expenses and other current assets	14,009	9,359
Total current assets	319,477	340,340
Property and equipment, net	1,314	1,400
Deferred cost of revenue	8,792	11,251
Goodwill	117,268	117,268
Intangible assets, net	26,280	27,249
Other long-term assets	12,322	12,248
Total assets	485,453	509,756
Current liabilities
Accounts payable	7,702	15,076
Accrued expenses and other current liabilities	21,211	24,976
Deferred revenue, current portion	78,077	77,257
Total current liabilities	106,990	117,309
Deferred revenue	41,491	45,903
Other long-term liabilities	3,885	4,096
Total liabilities	152,366	167,308
Commitments and contingencies (Note 12)
Convertible preferred stock, $0.0001 par value; 50,000 shares authorized as of March 31, 2024 and December 31, 2023; no shares of preferred stock issued and outstanding as of March 31, 2024 and December 31, 2023
Stockholders' equity
Class A common stock, $0.0001 par value; 500,000 shares authorized as of March 31, 2024 and December 31, 2023, respectively; 202,511 and 203,327 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively	20	20
Additional paid-in capital	630,878	628,156
Accumulated deficit	(297,601)	(285,512)
Accumulated other comprehensive loss	(210)	(216)
Total stockholders' equity	333,087	342,448
Total liabilities, convertible preferred stock and stockholders' equity	$ 485,453	$ 509,756

About Stein Mart Inc

SmartRent, Inc., an enterprise real estate technology company, provides management software and applications to rental property owners and operators, property managers, homebuilders, developers, and residents in the United States. Its smart building hardware and cloud-based software-as-a-service solutions designed to enhance visibility and control their real estate assets while delivering cost savings and additional revenue opportunities through all-in-one home control offerings for residents. The company's products and solutions include smart apartments and homes, access control for buildings, common areas, rental units, asset protection and monitoring, parking management, self-guided tours, and community and resident Wi-Fi. It also offers professional services to customers, which include training, installation, and support services. The company was founded in 2017 and is headquartered in Scottsdale, Arizona.

CEO	Mr. Lucas Merwan Haldeman
WEBSITE	https://smartrent.com
INDUSTRY	Software - Apps
EMPLOYEES	701

Stein Mart Inc Frequently Asked Questions

What is the ticker symbol for Stein Mart Inc? What does SMRT stand for in stocks?

SMRT is the stock ticker symbol of Stein Mart Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Stein Mart Inc (SMRT)?

As of Thu May 16 2024, market cap of Stein Mart Inc is 548.97 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SMRT stock?

You can check SMRT's fair value in chart for subscribers.

What is the fair value of SMRT stock?

You can check SMRT's fair value in chart for subscribers. The fair value of Stein Mart Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Stein Mart Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SMRT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Stein Mart Inc a good stock to buy?

The fair value guage provides a quick view whether SMRT is over valued or under valued. Whether Stein Mart Inc is cheap or expensive depends on the assumptions which impact Stein Mart Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SMRT.

What is Stein Mart Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, SMRT's PE ratio (Price to Earnings) is -18.89 and Price to Sales (PS) ratio is 2.47. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SMRT PE ratio will change depending on the future growth rate expectations of investors.