Who is the Top Investor In Stein Mart Inc. (SMRT)?

Stein Mart Inc. (NASDAQ: SMRT) is -48.88% lower on its value in year-to-date trading and has touched a low of $0.23 and a high of $0.95 in the current 52-week trading range. The SMRT stock was last observed hovering at around $0.34 in the recent trading session, with the current loss setting it -0.01% off its average median price target of $2.00 for the next 12 months. It is also 83.5% off the consensus price target high of $2.00 offered by 1 analysts, but current levels are 83.5% higher than the price target low of $2.00 for the same period.


The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored


At last check, trading at $0.33, the stock is -26.22% and -11.73% below its SMA20 and SMA50 respectively. However, with a current trading volume of 0.51 million and changing -4.91% at the moment leaves the stock -47.48% off its SMA200. SMRT registered -59.51% loss for a year compared to 6-month loss of -48.86%. The firm has a 50-day simple moving average (SMA 50) of $0.4106 and a 200-day simple moving average (SMA200) of $0.5424.

The stock witnessed a -18.55% gain in the last 1 month and extending the period to 3 months gives it a -18.55%, and is -7.79% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 19.43% over the week and 17.86% over the month.

Stein Mart Inc. (SMRT) has around 9000 employees, a market worth around $17.91M and $1.24B in sales. Profit margin for the company is -0.50%. Distance from 52-week low is 43.62% and -65.76% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.80%).

Stein Mart Inc. (SMRT) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Stein Mart Inc. (SMRT) is a “Hold”. 1 analysts offering their recommendations for the stock, where 1 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Stein Mart Inc. is expected to release its quarterly report on 08/19/2020 and quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to shrink by -67.00% this year.

Stein Mart Inc. (SMRT) Top Institutional Holders

42 institutions hold shares in Stein Mart Inc. (SMRT), with 23.42M shares held by insiders accounting for 48.28% while institutional investors hold 14.18% of the company’s shares. The shares outstanding are 47.61M, and float is at 25.15M with Short Float at 2.40%. Institutions hold 7.33% of the Float.

The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 0.98 million shares valued at $0.45 million. The investor’s holdings represent 2.02% of the SMRT Shares outstanding. As of Mar 30, 2020, the second largest holder is Geode Capital Management, LLC with 0.77 million shares valued at $0.35 million to account for 1.58% of the shares outstanding. The other top investors are Blackrock Inc. which holds 0.6 million shares representing 1.23% and valued at over $0.28 million, while Beryl Capital Management LLC holds 0.94% of the shares totaling 0.46 million with a market value of $0.21 million.

Stein Mart Inc. (SMRT) Insider Activity

A total of 20 insider transactions have happened at Stein Mart Inc. (SMRT) in the last six months, with sales accounting for 3 and purchases happening 17 times.

Stein Mart Inc. (SMRT): Who are the competitors?

The company’s main competitors (and peers) include Ross Stores Inc. (ROST) that is trading -11.42% down over the past 12 months. Nordstrom Inc. (JWN) is -50.40% down on the 1-year trading charts. Short interest in the company’s stock has fallen -51.84% from the last report on May 14, 2020 to stand at a total of 0.92 million short shares sold with a short interest ratio of 0.15.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free