NYSE:SMRT

SmartRent (SMRT) Stock Price, News & Analysis

$2.37
+0.05 (+2.16%)
(As of 04/24/2024 ET)
Today's Range
$2.30
$2.37
50-Day Range
$2.28
$3.01
52-Week Range
$2.15
$4.12
Volume
1.15 million shs
Average Volume
1.33 million shs
Market Capitalization
$483.17 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.18

SmartRent MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
76.2% Upside
$4.18 Price Target
Short Interest
Bearish
9.23% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.03) to $0.03 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.48 out of 5 stars

Business Services Sector

290th out of 306 stocks

Computer Integrated Systems Design Industry

33rd out of 34 stocks

SMRT stock logo

About SmartRent Stock (NYSE:SMRT)

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. It also offers professional services to customers, which include training, installation, and support services. The company was founded in 2017 and is headquartered in Scottsdale, Arizona.

SMRT Stock Price History

SMRT Stock News Headlines

The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
SmartRent Launches Alloy SmartHome Leak Sensor+
7 Monster Growth Stocks to Turn $7K into $70k
The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
3 Stocks to Buy as Soon as Investors' Good Moods Turn Sour
SmartRent: Profitability On The Horizon
SmartRent Reports Third Quarter 2023 Results
SmartRent: Heading In The Right Direction
SmartRent Issues Response to Inaccurate Short Seller Report
SmartRent: Positive On The Profitable Growth Approach
SmartRent Reports Second Quarter 2023 Results
See More Headlines
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Company Calendar

Last Earnings
3/05/2024
Today
4/24/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer integrated systems design
Sub-Industry
N/A
Fax
N/A
Employees
2
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.18
High Stock Price Target
$5.00
Low Stock Price Target
$3.20
Potential Upside/Downside
+77.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$-34,590,000.00
Pretax Margin
-14.65%

Debt

Sales & Book Value

Annual Sales
$236.84 million
Book Value
$1.69 per share

Miscellaneous

Free Float
185,521,000
Market Cap
$479.09 million
Optionable
Optionable
Beta
2.00
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SMRT Stock Analysis - Frequently Asked Questions

Should I buy or sell SmartRent stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SmartRent in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SMRT shares.
View SMRT analyst ratings
or view top-rated stocks.

What is SmartRent's stock price target for 2024?

4 Wall Street analysts have issued 12 month target prices for SmartRent's shares. Their SMRT share price targets range from $3.20 to $5.00. On average, they anticipate the company's share price to reach $4.18 in the next year. This suggests a possible upside of 76.2% from the stock's current price.
View analysts price targets for SMRT
or view top-rated stocks among Wall Street analysts.

How have SMRT shares performed in 2024?

SmartRent's stock was trading at $3.19 on January 1st, 2024. Since then, SMRT stock has decreased by 25.7% and is now trading at $2.37.
View the best growth stocks for 2024 here
.

When is SmartRent's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our SMRT earnings forecast
.

How can I listen to SmartRent's earnings call?

SmartRent will be holding an earnings conference call on Wednesday, May 8th at 11:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were SmartRent's earnings last quarter?

SmartRent, Inc. (NYSE:SMRT) announced its quarterly earnings results on Tuesday, March, 5th. The company reported ($0.02) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by $0.01. The company earned $60.25 million during the quarter, compared to analyst estimates of $57.88 million. SmartRent had a negative trailing twelve-month return on equity of 9.97% and a negative net margin of 14.60%. SmartRent's revenue for the quarter was up 48.6% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.09) earnings per share.

What ETFs hold SmartRent's stock?

ETFs with the largest weight of SmartRent (NYSE:SMRT) stock in their portfolio include Global X PropTech ETF (PTEC) and SPDR S&P Kensho Intelligent Structures ETF (SIMS) and

What guidance has SmartRent issued on next quarter's earnings?

SmartRent updated its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $260.0 million-$290.0 million, compared to the consensus revenue estimate of $289.3 million.

How do I buy shares of SmartRent?

Shares of SMRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SMRT) was last updated on 4/24/2024 by MarketBeat.com Staff

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