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: $1.62 to $1.78
• 50-Day Range: $0.94 to $1.55
• 52-Week Range: $0.67 to $1.99
• Volume: 1.58 million shs
• Average Volume: 1.84 million shs
• Market Capitalization: $313.14 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $1.45
• Consensus Rating: Hold

SmartRent Stock Analysis - MarketRank™

SmartRent scored higher than 38% of companies evaluated by MarketBeat, and ranked 208th out of 324 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: 1.4 / 5
• Analyst Rating: Hold

Consensus Rating

SmartRent has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

Downside Risk

SmartRent has a consensus price target of $1.45, representing about 13.9% downside from its current price of $1.69.

Amount of Analyst Coverage

SmartRent has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 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 -4.51, 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 -4.51, 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 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.19% 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 1.8, 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 8.81%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

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

2.19% 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 1.8, 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 8.81%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 2.00

News Sentiment

SmartRent has a news sentiment score of 2.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.95 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for SmartRent this week, compared to 0 articles on an average week.

Search Interest

Only 2 people have searched for SMRT on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.

MarketBeat Follows

4 people have added SmartRent to their MarketBeat watchlist in the last 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 9.00% 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 at the beginning of 2025. Since then, SMRT stock has decreased by 3.7% and is now trading at $1.6850.

How were SmartRent's earnings last quarter?

SmartRent, Inc. (NYSE:SMRT) announced its quarterly earnings results 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 firm had revenue of $38.31 million for 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 authorized a share buyback program 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 programs are generally an indication that the company's board believes its shares are undervalued.

Who are SmartRent's major shareholders?

SmartRent's top institutional investors include Blue Door Asset Management LLC (2.56%), Marshall Wace LLP (1.41%), Geode Capital Management LLC (1.03%) and Jane Street Group LLC (0.85%). 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: 9/17/2025
• 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: -6.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 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: 1.67
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.50 per share
• Price / Book: 1.03

Miscellaneous

• Outstanding Shares: 188,070,000
• Free Float: 171,145,000
• Market Cap: $291.51 million
• Optionable: Optionable
• Beta: 1.86