Colliers Securities Weighs in on 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) - Analysts at Colliers Securities issued their Q3 2025 earnings per share estimates for shares of SmartRent in a research note issued on Wednesday, August 13th. Colliers Securities analyst B. Oxford anticipates that the company will post earnings of ($0.04) per share for the quarter. The consensus estimate for SmartRent's current full-year earnings is ($0.14) per share.

SmartRent (NYSE:SMRT - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate 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%.

A number of other equities analysts have also recently issued reports on the stock. Cantor Fitzgerald upgraded shares of SmartRent to a "hold" rating in a research report on Tuesday, April 22nd. Keefe, Bruyette & Woods boosted their target price on shares of SmartRent from $1.30 to $1.45 and gave the stock a "market perform" rating in a research note on Tuesday, August 12th. Wall Street Zen upgraded SmartRent from a "sell" rating to a "hold" rating in a research note on Sunday. Finally, Zacks Research upgraded SmartRent to a "hold" rating in a research report on Friday, August 8th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $1.45.

SmartRent Stock Down 6.3%

Shares of SMRT stock traded down $0.0950 on Friday, reaching $1.4050. The company had a trading volume of 435,039 shares, compared to its average volume of 1,945,134. The business's 50-day moving average is $1.06 and its 200 day moving average is $1.07. SmartRent has a one year low of $0.6710 and a one year high of $1.99. The stock has a market capitalization of $264.24 million, a PE ratio of -3.70 and a beta of 1.82.

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

Insider Activity

In other news, Director Thomas N. Bohjalian bought 100,000 shares of the stock in a transaction that occurred on Tuesday, August 19th. The stock was acquired at an average price of $1.50 per share, with a total value of $150,000.00. Following the completion of the purchase, the director directly owned 300,000 shares of the company's stock, valued at approximately $450,000. This represents a 50.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Frank Martell bought 120,000 shares of the company's stock in a transaction that occurred on Friday, August 15th. The stock was purchased at an average price of $1.35 per share, for a total transaction of $162,000.00. Following the acquisition, the chief executive officer owned 748,204 shares of the company's stock, valued at $1,010,075.40. This trade represents a 19.10% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders bought 625,000 shares of company stock valued at $840,850. Insiders own 9.00% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. BNP Paribas Financial Markets acquired a new stake in SmartRent during the fourth quarter worth approximately $46,000. Vanguard Personalized Indexing Management LLC acquired a new position in shares of SmartRent during the 2nd quarter valued at $27,000. Pallas Capital Advisors LLC boosted its stake in SmartRent by 128.5% during the second quarter. Pallas Capital Advisors LLC now owns 30,788 shares of the company's stock worth $30,000 after acquiring an additional 17,312 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in SmartRent by 101.7% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 34,597 shares of the company's stock worth $42,000 after purchasing an additional 17,444 shares during the period. Finally, CWM LLC grew its holdings in SmartRent by 944.4% in the first quarter. CWM LLC now owns 37,746 shares of the company's stock worth $46,000 after purchasing an additional 34,132 shares during the period. 59.42% of the stock is owned by institutional investors and hedge funds.

SmartRent Company Profile

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.