SmartRent (SMRT) Stock Price, News & Analysis

Company Overview

SmartRent Inc. is a technology company that develops smart home and smart building automation solutions for the residential rental housing industry. Its integrated hardware and software platform enables property managers and owners to remotely monitor, manage and control access, energy use and overall resident experience. The company’s product portfolio includes smart locks, thermostats, leak and flood sensors, door and window sensors, security cameras, and a centralized management dashboard that interfaces with leading property management systems.

SmartRent’s platform is designed to streamline operations for multifamily communities and single-family rental portfolios by automating routine tasks such as digital resident self-showings, remote lease turnovers, package management and preventative maintenance alerts. Through partnerships with industry software providers—such as Yardi, RealPage and Entrata—the company’s API-driven integrations facilitate data exchange that enhances workflow efficiency and reporting capabilities for property teams.

Founded in 2016 and headquartered in Scottsdale, Arizona, SmartRent has gradually expanded its footprint across the United States, serving markets in more than 40 states. In April 2021, the company became publicly traded via a business combination and now operates as a standalone entity on the New York Stock Exchange under the ticker symbol SMRT. Its growth strategy emphasizes strategic alliances with real estate operators and investors, leveraging venture and institutional capital to scale its technology infrastructure.

Led by co-founder and CEO Lucas Haldeman, SmartRent’s executive team brings experience in real estate, technology and systems integration. The company continues to focus on innovation in the proptech sector, aiming to reduce operational costs for owners while enhancing the resident living experience through connected-home services and data-driven building management.

Key Stats

• Today's Range: $1.41 to $1.47
• 50-Day Range: $1.25 to $1.65
• 52-Week Range: $0.67 to $1.99
• Volume: 518,400 shs
• Average Volume: 785,152 shs
• Market Capitalization: $267.06 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $1.45
• Consensus Rating: Reduce

SmartRent Stock Analysis - MarketRank™

SmartRent scored higher than 28% of companies evaluated by MarketBeat, and ranked 241st out of 321 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.6 / 5
• Analyst Rating: Reduce

Consensus Rating

SmartRent has received a consensus rating of Reduce. The company's average rating score is 1.75, and is based on no buy ratings, 3 hold ratings, and 1 sell rating.

Upside/Downside

The consensus price target for SmartRent is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

SmartRent has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for SmartRent are expected to grow in the coming year, from ($0.14) to ($0.08) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of SmartRent is -3.74, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of SmartRent is -3.74, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

SmartRent has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.14% of the float of SmartRent has been sold short.

Short Interest Ratio / Days to Cover

SmartRent has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SmartRent has recently decreased by 0.29%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

SmartRent does not currently pay a dividend.

Dividend Growth

SmartRent does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.14% of the float of SmartRent has been sold short.

Short Interest Ratio / Days to Cover

SmartRent has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SmartRent has recently decreased by 0.29%, indicating that investor sentiment is improving.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 3 news articles for SmartRent this week, compared to 0 articles on an average week.

Search Interest

6 people have searched for SMRT on MarketBeat in the last 30 days.

MarketBeat Follows

Only 2 people have added SmartRent to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, SmartRent insiders have bought more of their company's stock than they have sold. Specifically, they have bought $989,350.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 1.90% of the stock of SmartRent is held by insiders.

Percentage Held by Institutions

59.42% of the stock of SmartRent is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SMRT Stock Analysis - Frequently Asked Questions

How have SMRT shares performed this year?

SmartRent's stock was trading at $1.75 on January 1st, 2025. Since then, SMRT shares have decreased by 18.9% and is now trading at $1.42.

How were SmartRent's earnings last quarter?

SmartRent, Inc. (NYSE:SMRT) issued its quarterly earnings data on Wednesday, August, 6th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by $0.02. The business earned $38.31 million during the quarter, compared to analyst estimates of $38.85 million. SmartRent had a negative trailing twelve-month return on equity of 14.94% and a negative net margin of 46.54%.
Read the conference call transcript.

Is SmartRent doing a stock buyback?

SmartRent's Board of Directors authorized a share repurchase plan on Wednesday, May 7th 2025, which authorizes the company to buy back $50,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 27.7% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's leadership believes its shares are undervalued.

Who are SmartRent's major shareholders?

SmartRent's top institutional investors include Brighton Jones LLC (0.05%) and CWM LLC (0.01%). Insiders that own company stock include Frank Martell, Bruce C Strohm, Alana Beard, Robyn Young, Michael Shane Paladin and Isaiah Derose-Wilson.
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.

What other stocks do shareholders of SmartRent own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SmartRent investors own include Invesco QQQ (QQQ), SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF Trust (DIA), Christopher & Banks (CBK), Meta Platforms (META), Tesla (TSLA) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 8/06/2025
• Today: 10/19/2025
• Next Earnings (Estimated): 11/05/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Technology Services
• Sub-Industry: Computer Software
• Current Symbol: NYSE:SMRT
• CIK: 1837014
• Web: www.smartrent.com
• Phone: 844-479-1555
• Fax: N/A
• Employees: 640
• Year Founded: 2017

Price Target and Rating

• Average Price Target for SmartRent: $1.45
• High Price Target: $1.45
• Low Price Target: $1.45
• Potential Upside/Downside: +2.1%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.38)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$33.64 million
• Net Margins: -46.54%
• Pretax Margin: -46.40%
• Return on Equity: -14.94%
• Return on Assets: -10.19%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.72
• Quick Ratio: 2.30

Sales & Book Value

• Annual Sales: $174.88 million
• Price / Sales: 1.53
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.50 per share
• Price / Book: 0.95

Miscellaneous

• Outstanding Shares: 188,070,000
• Free Float: 171,145,000
• Market Cap: $267.06 million
• Optionable: Optionable
• Beta: 1.84