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

2.31USD-0.06 (-2.53%)Delayed as of 25 Apr 2024, 10:00 am ET

Market Summary

USD2.31-0.06

Delayedas of 25 Apr 2024, 10:00 am

-2.53%

SMRT Stock Price

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SMRT RSI Chart

SMRT Valuation

Market Cap

483.2M

Price/Earnings (Trailing)

-13.97

Price/Sales (Trailing)

2.04

EV/EBITDA

-13.02

Price/Free Cashflow

82.82

SMRT Price/Sales (Trailing)

SMRT Profitability

Operating Margin

20.91%

EBT Margin

-14.65%

Return on Equity

-10.1%

Return on Assets

-6.79%

Free Cashflow Yield

1.21%

SMRT Fundamentals

SMRT Revenue

Revenue (TTM)

236.8M

Rev. Growth (Yr)

48.59%

Rev. Growth (Qtr)

3.7%

SMRT Earnings

Earnings (TTM)

-34.6M

Earnings Growth (Yr)

84.57%

Earnings Growth (Qtr)

57.27%

Breaking Down SMRT Revenue

52 Week Range

2.254.12

(Low)(High)

Last 7 days

-4.1%

Last 30 days

-11.3%

Last 90 days

-22.1%

Trailing 12 Months

5.8%

How does SMRT drawdown profile look like?

SMRT Financial Health

Current Ratio

2.9

SMRT Investor Care

Shares Dilution (1Y)

2.42%

Diluted EPS (TTM)

-0.17

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
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
Apr 24, 2024	derose-wilson isaiah	acquired	-	-	244	chief technology 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	sold (taxes)	-238	2.32	-103	chief technology officer
Apr 24, 2024	haldeman lucas merwan	acquired	-	-	1,521	chief executive officer
Apr 24, 2024	haldeman lucas merwan	acquired	-	-	183	chief executive officer
Apr 19, 2024	haldeman lucas merwan	acquired	-	-	10,176	chief executive officer
Apr 19, 2024	derose-wilson isaiah	sold (taxes)	-6,029	2.36	-2,555	chief technology officer
Apr 19, 2024	haldeman lucas merwan	sold (taxes)	-10,051	2.36	-4,259	chief executive officer
Apr 19, 2024	stemm daryl	sold (taxes)	-2,513	2.36	-1,065	cfo

Which funds bought or sold SMRT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Sugarloaf Wealth Management, LLC	unchanged	-	-2,119	11,135	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-61.1	-34,000	17,000	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	57,386	315,619	-%
Apr 19, 2024	SIMON QUICK ADVISORS, LLC	unchanged	-	-12,916	67,874	-%
Apr 18, 2024	AlphaMark Advisors, LLC	unchanged	-	-	-	-%
Apr 18, 2024	West Oak Capital, LLC	unchanged	-	-	-	-%
Apr 16, 2024	OLIO Financial Planning	unchanged	-	-	101,030	0.04%
Apr 05, 2024	CWM, LLC	reduced	-71.88	-	-	-%
Mar 11, 2024	VANGUARD GROUP INC	added	3.73	13,379,400	63,344,600	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	97.25	1,118,030	1,910,480	-%

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
Apr 24, 2024	4	Insider Trading
Apr 24, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 08, 2024	4	Insider Trading
Apr 03, 2024	ARS	ARS
Apr 03, 2024	DEF 14A	DEF 14A

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	267.9B	34.9B	-9.76%	44.85%	64.77	7.69	11.18%	1888.46%
UBER	144.0B	37.3B	-12.69%	134.30%	76.29	3.86	16.95%	120.64%
ADSK	46.0B	5.3B	-17.80%	13.03%	50.15	8.6	9.15%	48.14%
ANSS	28.6B	2.3B	-5.45%	5.08%	57.14	12.6	9.90%	-4.45%
ZM	18.5B	4.5B	-7.59%	-2.22%	29.09	4.1	3.06%	514.65%
MID-CAP
APPF	7.7B	620.4M	-4.68%	73.46%	2.8K	12.4	31.48%	103.97%
LYFT	6.3B	4.4B	-16.29%	64.06%	-18.5	1.43	7.53%	78.52%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
ALRM	3.3B	881.7M	-10.14%	39.53%	40.9	3.73	4.64%	44.42%
AI	2.7B	296.4M	-19.15%	26.29%	-9.91	9.08	11.14%	-3.59%
AGYS	2.3B	228.1M	7.49%	5.34%	26.28	10.06	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
APPS	195.9M	572.4M	-25.29%	-83.99%	-0.99	0.34	-19.38%	-489.49%
ASUR	183.8M	119.1M	-11.11%	-46.78%	-19.95	1.54	24.27%	36.31%
AEYE	168.8M	31.3M	32.60%	141.33%	-28.74	5.39	4.69%	43.72%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Revenue	3.7%	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	-3.0%	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	-2.8%	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	-1.1%	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	-1.4%	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	52.5%	-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	-0.63	-0.68	-
Interest Expenses	12.7%	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	-160.6%	-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	56.3%	-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	39.2%	-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	-0.62	-0.68	-
Net Income	57.3%	-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	39.8%	-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	-0.62	-0.68	-
Free Cashflow	-48.7%	7,316,000	14,251,000	-4,274,000	-11,459,000	-1,968,000	-44,861,000	-6,301,000	-29,020,000	-29,251,000	-23,572,000	-11,035,000	-7,989,000	13,797,000	-16,662,000	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet														(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2019Q4
Assets	-1.1%	510	516	521	536	561	551	576	600	580	583	141	348	104	47.00
Current Assets	-1.1%	340	344	346	357	378	364	389	418	536	557	121	3.00	88.00	40.00
Cash Equivalents	2.0%	215	211	197	204	210	210	255	278	431	473	54.00	65.00	39.00	21.00
Inventory	-12.5%	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	-11.9%	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	118	118	105	9.00	4.00	4.00	-	4.00	-
Liabilities	-2.9%	167	172	174	182	197	169	171	170	130	110	91.00	13.00	71.00	46.00
Current Liabilities	-5.1%	117	124	121	123	133	98.00	103	105	71.00	62.00	49.00	1.00	33.00	21.00
Shareholder's Equity	-0.2%	342	343	347	355	364	382	405	430	450	472	5.00	5.00	0.00	-
Retained Earnings	-1.2%	-285	-282	-274	-264	-250	-229	-203	-178	-154	-128	-101	-0.26	-82.64	-45.53
Additional Paid-In Capital	0.4%	628	626	622	619	615	612	609	608	604	601	5.00	5.00	4.00	1.00
Accumulated Depreciation	-	2.00	-	-	-	2.00	-	-	-	-	1.00	1.00	-	0.00	0.00
Shares Outstanding	0.1%	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Cashflow From Operations	-48.7%	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	-7.1%	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	-175.1%	-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	-152.1%	-405	778	-424	-1,854	-276	381	-3,386	480	-4,605	444,567	-417	34,381	-139	-4,327	-	-

SMRT Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue
Total revenue	$ 236,838	$ 167,821	$ 110,637
Cost of revenue
Total cost of revenue	187,309	166,473	120,710
Operating expense
Research and development	28,805	29,422	21,572
Sales and marketing	19,209	20,872	14,017
General and administrative	44,674	55,305	25,990
Total operating expense	92,688	105,599	61,579
Loss from operations	(43,159)	(104,251)	(71,652)
Interest income (expense), net	8,580	1,946	(249)
Other (expense) income, net	(116)	595	55
Loss before income taxes	(34,695)	(101,710)	(71,846)
Income tax (benefit) expense	(108)	(5,388)	115
Net loss	(34,587)	(96,322)	(71,961)
Other comprehensive loss
Foreign currency translation adjustment	(40)	(185)	(226)
Comprehensive loss	$ (34,627)	$ (96,507)	$ (72,187)
Net loss per common share
Net loss per common share basic	$ (0.17)	$ (0.49)	$ (0.96)
Net loss per common share diluted	$ (0.17)	$ (0.49)	$ (0.96)
Weighted-average number of shares used in computing net loss per share basic	200,700	195,575	74,721
Weighted-average number of shares used in computing net loss per share diluted	200,700	195,575	74,721
Hardware
Revenue
Total revenue	$ 137,201	$ 87,372	$ 69,629
Cost of revenue
Total cost of revenue	108,780	83,289	70,448
Professional Services
Revenue
Total revenue	35,473	32,301	22,732
Cost of revenue
Total cost of revenue	55,495	59,547	38,189
Hosted Services
Revenue
Total revenue	64,164	48,148	18,276
Cost of revenue
Total cost of revenue	$ 23,034	$ 23,637	$ 12,073

SMRT Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 215,214	$ 210,409
Restricted cash, current portion	495	7,057
Accounts receivable, net	61,903	62,442
Inventory	41,575	75,725
Deferred cost of revenue, current portion	11,794	13,541
Prepaid expenses and other current assets	9,359	9,182
Total current assets	340,340	378,356
Property and equipment, net	1,400	2,069
Deferred cost of revenue	11,251	22,508
Goodwill	117,268	117,268
Intangible assets, net	27,249	31,123
Other long-term assets	12,248	9,521
Total assets	509,756	560,845
Current liabilities
Accounts payable	15,076	18,360
Accrued expenses and other current liabilities	24,976	34,396
Deferred revenue, current portion	77,257	80,020
Total current liabilities	117,309	132,776
Deferred revenue	45,903	59,928
Other long-term liabilities	4,096	3,941
Total liabilities	167,308	196,645
Commitments and contingencies (Note 12)
Convertible preferred stock, $0.0001 par value; 50,000 shares authorized as of December 31, 2023 and December 31, 2022; no shares of preferred stock issued and outstanding as of December 31, 2023 and December 31, 2022
Stockholders' equity
Common stock, $0.0001 par value; 500,000 shares authorized as of December 31, 2023 and December 31, 2022, respectively; 203,327 and 198,525 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively	20	20
Additional paid-in capital	628,156	615,281
Accumulated deficit	(285,512)	(250,925)
Accumulated other comprehensive loss	(216)	(176)
Total stockholders' equity	342,448	364,200
Total liabilities, convertible preferred stock and stockholders' equity	$ 509,756	$ 560,845

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 Wed Apr 24 2024, market cap of Stein Mart Inc is 483.17 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 Wed Apr 24 2024, SMRT's PE ratio (Price to Earnings) is -13.97 and Price to Sales (PS) ratio is 2.04. 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.