Colliers Securities Forecasts SmartRent Q3 Earnings

Key Points

• Colliers Securities forecasts SmartRent will report earnings per share of ($0.04) for Q3 2025, compared to a full-year consensus estimate of ($0.14) per share.
• SmartRent recently reported Q2 results with an earnings miss of ($0.06) per share, generating revenue of $38.31 million, below estimates of $38.85 million.
• The company's board has authorized a stock buyback plan worth $50 million, signaling management's belief that the stock is undervalued.

SmartRent, Inc. (NYSE:SMRT - Free Report) - Investment analysts at Colliers Securities issued their Q3 2025 earnings estimates for SmartRent in a research report issued on Wednesday, August 13th. Colliers Securities analyst B. Oxford expects that the company will post earnings per share of ($0.04) for the quarter. The consensus estimate for SmartRent's current full-year earnings is ($0.14) per share.

SMRT has been the subject of several other research reports. Cantor Fitzgerald upgraded shares of SmartRent to a "hold" rating in a research report on Tuesday, April 22nd. Zacks Research upgraded shares of SmartRent to a "hold" rating in a research report on Friday, August 8th. Finally, Keefe, Bruyette & Woods upped their price target on shares of SmartRent from $1.30 to $1.45 and gave the company a "market perform" rating in a research report on Tuesday.

SmartRent Stock Performance

Shares of SMRT stock opened at $1.34 on Friday. The stock has a market capitalization of $251.07 million, a P/E ratio of -3.51 and a beta of 1.82. The company has a 50 day moving average price of $1.03 and a 200 day moving average price of $1.07. SmartRent has a fifty-two week low of $0.67 and a fifty-two week high of $1.99.

SmartRent (NYSE:SMRT - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The company reported ($0.06) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.02). The business had revenue of $38.31 million during the quarter, compared to analyst estimates of $38.85 million. SmartRent had a negative net margin of 46.54% and a negative return on equity of 14.94%.

SmartRent declared that its board has authorized a stock buyback plan on Wednesday, May 7th that allows the company to buyback $50.00 million in shares. This buyback authorization allows the company to repurchase up to 27.7% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

Insider Transactions at SmartRent

In other news, CEO Frank Martell acquired 150,000 shares of the company's stock in a transaction on Friday, August 8th. The shares were bought at an average cost of $1.25 per share, with a total value of $187,500.00. Following the purchase, the chief executive officer owned 398,204 shares of the company's stock, valued at $497,755. This represents a 60.43% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Over the last 90 days, insiders have acquired 380,000 shares of company stock valued at $491,600. Insiders own 1.90% of the company's stock.

Hedge Funds Weigh In On SmartRent

Institutional investors have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its stake in shares of SmartRent by 101.7% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 34,597 shares of the company's stock valued at $42,000 after purchasing an additional 17,444 shares during the period. Millennium Management LLC boosted its holdings in SmartRent by 82.4% during the fourth quarter. Millennium Management LLC now owns 908,769 shares of the company's stock worth $1,590,000 after buying an additional 410,666 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in SmartRent by 35.9% during the fourth quarter. JPMorgan Chase & Co. now owns 391,501 shares of the company's stock worth $685,000 after buying an additional 103,325 shares in the last quarter. D. E. Shaw & Co. Inc. purchased a new stake in SmartRent during the fourth quarter worth about $434,000. Finally, Jane Street Group LLC boosted its holdings in SmartRent by 30.7% during the fourth quarter. Jane Street Group LLC now owns 406,132 shares of the company's stock worth $711,000 after buying an additional 95,460 shares in the last quarter. 59.42% of the stock is owned by institutional investors and hedge funds.

About SmartRent

SmartRent, Inc, an enterprise software company, provides an integrated smart home operating system to residential property owners and operators, homebuilders, institutional home buyers, developers, and residents in the United States. The company's products and solutions include smart apartments and homes, access control for buildings, common areas, and rental units, asset protection and monitoring, parking management, self-guided tours, and community and resident Wi-Fi.

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