-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 GkDsUTAXgwBskXInLBzhL1cIkn4nIJQ+0TYXsJ31nS9lFHW2we8OvHbIJ5BHNLVp
 f4OvcJNkzvSzBRQ8zabuFw==

<SEC-DOCUMENT>0000897069-06-001504.txt : 20060607
<SEC-HEADER>0000897069-06-001504.hdr.sgml : 20060607
<ACCEPTANCE-DATETIME>20060607150659
ACCESSION NUMBER:		0000897069-06-001504
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20060606
FILED AS OF DATE:		20060607
DATE AS OF CHANGE:		20060607

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			RAY MICHAEL D
		CENTRAL INDEX KEY:			0001181875

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-20052
		FILM NUMBER:		06891485

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		9043461526

	MAIL ADDRESS:	
		STREET 1:		C/O STEIN MART INC
		STREET 2:		1200 RIVERPLACE BLVD
		CITY:			JACKSONVILLE
		STATE:			FL
		ZIP:			32207

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			STEIN MART INC
		CENTRAL INDEX KEY:			0000884940
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-FAMILY CLOTHING STORES [5651]
		IRS NUMBER:				640466198
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			0102

	BUSINESS ADDRESS:	
		STREET 1:		1200 RIVERPLACE BLVD
		CITY:			JACKSONVILLE
		STATE:			FL
		ZIP:			32207
		BUSINESS PHONE:		9043461500

	MAIL ADDRESS:	
		STREET 1:		1200 RIVERPLACE BLVD
		CITY:			JACKSONVILLE
		STATE:			FL
		ZIP:			32207
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>dkm932_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2006-06-06</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000884940</issuerCik>
        <issuerName>STEIN MART INC</issuerName>
        <issuerTradingSymbol>SMRT</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001181875</rptOwnerCik>
            <rptOwnerName>RAY MICHAEL D</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O STEIN MART INC</rptOwnerStreet1>
            <rptOwnerStreet2>1200 RIVERPLACE BLVD</rptOwnerStreet2>
            <rptOwnerCity>JACKSONVILLE</rptOwnerCity>
            <rptOwnerState>FL</rptOwnerState>
            <rptOwnerZipCode>32207</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>SVP, Stores</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Non-Qualified Stock Option (to purchase)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>15.41</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2006-06-06</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>16900</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2013-06-06</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $0.01 par value</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>16900</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>16900</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Granted pursuant to Stein Mart, Inc. 2001 Omnibus Plan.  The options have a 7 year term and vest over 5 years with 33% on the
 third anniversary, 33% on the fourth anniversary and 34% on the fifth anniversary.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Michael D. Ray</signatureName>
        <signatureDate>2006-06-07</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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