|Last Price$12.31||Day Change (%)0.98%|
|Open Price$12.20||Day Change ($)0.12|
|Day Range12.15–12.39||52-Week Range11.25–16.65|
As of Fri 4/24/2015 5:00:00 PM | USD
UPDATE: Morningstar Credit Ratings Assigns Preliminary Ratings for CGBAM Commercial Mortgage Trust 2015- SMRT , Commercial Mortgage Pass-Through Certificates, Series 2015- SMRT (CGBAM 2015- SMRT )
/C O R R E C T I O N -- Morningstar, Inc./
After digesting Stein Mart's SMRT second-quarter results, we are lowering our fair value estimate and increasing the company's risk rating to above average from average. Total sales for the quarter were down 1.7%, with same-store sales down 1.2% over the same year-ago period. Slow traffic, ...
We think sluggish consumer spending, particularly in California and Florida, markets that house roughly one third of Stein Mart's SMRT store base, could weigh on the chain's near-term performance. As a result, we have revised downward our near-term sales and margin assumptions and are lowering our ...
We are putting Stein Mart SMRT under review as we digest the company's second-quarter results and its outlook for the back half of the year. While we recently revised our near-term sales and margin assumptions downward given the company's exposure to the Florida and California markets, we think the ...
Arkansas Governor Calls for Changes to Religious-Freedom Bill--3rd Update
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Stein Mart is ramping up its store growth.