Somewhat Positive Media Coverage Somewhat Unlikely to Affect Stein Mart (SMRT) Share Price
Press coverage about Stein Mart (NASDAQ:SMRT) has trended somewhat positive this week, according to Alpha One Sentiment Analysis. Alpha One, a service of Accern, identifies negative and positive media coverage by analyzing more than twenty million news and blog sources. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Stein Mart earned a news impact score of 0.09 on Alpha One’s scale. Alpha One also gave news coverage about the company an impact score of 43 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the media stories that may have effected AlphaOne Sentiment’s scoring:
- Stein Mart, Inc. :SMRT-US: Earnings Analysis: Q4, 2017 By the Numbers : April 17, 2017 (finance.yahoo.com)
- What You Must Know About Stein Mart Inc’s (SMRT) Financial Strength? (simplywall.st)
- Stein Mart (SMRT) Getting Very Positive Media Coverage, AlphaOne Reports (americanbankingnews.com)
- Short Interest in Stein Mart, Inc. (SMRT) Grows By 68.5% (americanbankingnews.com)
- A Look at 2 Trending Stocks: TriMas Corporation (TRS), Stein Mart, Inc. (SMRT) – Post Analyst (postanalyst.com)
Shares of Stein Mart (NASDAQ:SMRT) traded up 2.03% during midday trading on Tuesday, hitting $2.51. 360,049 shares of the stock were exchanged. The stock has a market cap of $118.26 million, a price-to-earnings ratio of 313.75 and a beta of 0.59. The firm’s 50-day moving average is $2.91 and its 200-day moving average is $4.52. Stein Mart has a 12 month low of $2.42 and a 12 month high of $9.23.
Stein Mart (NASDAQ:SMRT) last announced its earnings results on Wednesday, March 8th. The company reported ($0.11) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by $0.06. The firm earned $385.50 million during the quarter, compared to analyst estimates of $395.92 million. Stein Mart had a net margin of 0.84% and a return on equity of 16.09%. Stein Mart’s revenue was down 2.9% on a year-over-year basis. During the same quarter last year, the business earned $0.17 earnings per share. Equities research analysts predict that Stein Mart will post $0.14 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, April 14th. Shareholders of record on Friday, March 31st were paid a $0.075 dividend. The ex-dividend date of this dividend was Wednesday, March 29th. This represents a $0.30 annualized dividend and a yield of 11.95%. Stein Mart’s dividend payout ratio (DPR) is 125.01%.
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Stein Mart Company Profile
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.
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