NYSE:SMRT

SmartRent (SMRT) Stock Price, News & Analysis

$2.34
+0.02 (+0.86%)
(As of 05/1/2024 ET)
Today's Range
$2.30
$2.40
50-Day Range
$2.28
$2.98
52-Week Range
$2.24
$4.12
Volume
908,541 shs
Average Volume
1.20 million shs
Market Capitalization
$477.06 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
78.4% Upside
$4.18 Price Target
Short Interest
Bearish
9.07% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.31mentions of SmartRent in the last 14 days
Based on 4 Articles This Week
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.

1.16 out of 5 stars

Business Services Sector

252nd out of 299 stocks

Computer Integrated Systems Design Industry

28th 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

SmartRent (SMRT) Scheduled to Post Earnings on Wednesday
Trump’s last act as President
You’ve probably never heard of Executive Order #13972. Signed by President Trump just days before leaving office, it greenlit what could be the most revolutionary technology of the decade… yet it has nothing to do with AI, blockchain, or mRNA vaccines.
Trump’s last act as President
You’ve probably never heard of Executive Order #13972. Signed by President Trump just days before leaving office, it greenlit what could be the most revolutionary technology of the decade… yet it has nothing to do with AI, blockchain, or mRNA vaccines.
SmartRent Launches Alloy SmartHome Leak Sensor+
7 Monster Growth Stocks to Turn $7K into $70k
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
5/01/2024
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
+78.4%
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
$477.05 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 analysts have issued "buy," "hold," and "sell" ratings for SmartRent in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street 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 equities research analysts have issued twelve-month price targets for SmartRent's stock. Their SMRT share price targets range from $3.20 to $5.00. On average, they predict the company's stock price to reach $4.18 in the next twelve months. This suggests a possible upside of 78.4% 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 at the beginning of the year. Since then, SMRT stock has decreased by 26.6% and is now trading at $2.34.
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 data on Tuesday, March, 5th. The company reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of ($0.01) by $0.01. The firm 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%. The business's revenue for the quarter was up 48.6% compared to the same quarter last year. During the same quarter last year, the business posted ($0.09) EPS.

Is SmartRent a good dividend stock?

SmartRent (NYSE:SMRT) pays an annual dividend of $0.30 per share and currently has a dividend yield of 0.00%.
Read our dividend analysis for SMRT.

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 issued an update on 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.

Who are SmartRent's major shareholders?

SmartRent's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Mirae Asset Global Investments Co. Ltd. (0.19%). Insiders that own company stock include Alana Beard, Bain Capital Venture Investors, Bruce C Strohm, Christopher Jon Edmonds, Demetrios Barnes, Isaiah Derose-Wilson, Jonathan Wolter, Lucas Merwan Haldeman, Mitch Karren and Robert T Best.
View institutional ownership trends
.

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 5/2/2024 by MarketBeat.com Staff

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