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Stage Stores (NYSE:SSI) has received an average recommendation of “Hold” from the eight ratings firms that are covering the stock, Analyst Ratings Network reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $21.13.

Stage Stores (NYSE:SSI) traded down 0.76% on Friday, hitting $17.06. 28,123 shares of the company’s stock traded hands. Stage Stores has a 52 week low of $16.09 and a 52 week high of $25.39. The stock has a 50-day moving average of $18.04 and a 200-day moving average of $19.98. The company has a market cap of $542.3 million and a price-to-earnings ratio of 89.53.

Stage Stores (NYSE:SSI) last announced its earnings results on Thursday, August 21st. The company reported $0.45 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.53 by $0.08. The company had revenue of $377.00 million for the quarter, compared to the consensus estimate of $397.60 million. During the same quarter last year, the company posted $0.41 earnings per share. Stage Stores’s revenue was down 4.5% compared to the same quarter last year. Analysts expect that Stage Stores will post $1.05 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, September 17th. Stockholders of record on Tuesday, September 2nd will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date of this dividend is Thursday, August 28th. This is a boost from Stage Stores’s previous quarterly dividend of $0.13.

Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Stage Stores from a “neutral” rating to an “underperform” rating in a research note on Tuesday, August 26th. They now have a $15.80 price target on the stock. Separately, analysts at Telsey Advisory Group cut their price target on shares of Stage Stores from $21.00 to $18.00 in a research note on Friday, August 22nd. They now have a “not rated” rating on the stock.

Stage Stores, Inc (NYSE:SSI) is a Houston, Texas-based retailer, which operates both department stores and off-price stores.

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