NYSE:SMRT SmartRent (SMRT) Stock Forecast, Price & News $3.26 +0.04 (+1.24%) (As of 05/26/2023 ET) Add Compare Share Share Today's Range$3.20▼$3.3250-Day Range$2.23▼$3.6752-Week Range$2.03▼$6.59Volume913,853 shsAverage Volume1.21 million shsMarket Capitalization$650.24 millionP/E RatioN/ADividend YieldN/APrice Target$5.17 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media SmartRent MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside58.6% Upside$5.17 Price TargetShort InterestBearish5.96% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.75Based on 8 Articles This WeekInsider TradingSelling Shares$73,180 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.19) to ($0.02) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.17 out of 5 starsBusiness Services Sector163rd out of 345 stocksComputer Integrated Systems Design Industry21st out of 40 stocks 3.4 Analyst's Opinion Consensus RatingSmartRent has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.17, SmartRent has a forecasted upside of 58.6% from its current price of $3.26.Amount of Analyst CoverageSmartRent has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.96% of the float of SmartRent has been sold short.Short Interest Ratio / Days to CoverSmartRent has a short interest ratio ("days to cover") of 9.2.Change versus previous monthShort interest in SmartRent has recently increased by 0.88%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldSmartRent does not currently pay a dividend.Dividend GrowthSmartRent does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SMRT. Previous Next 3.8 News and Social Media Coverage News SentimentSmartRent has a news sentiment score of 0.75. 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 0.59 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 8 news articles for SmartRent this week, compared to 0 articles on an average week.Search Interest10 people have searched for SMRT on MarketBeat in the last 30 days. This is an increase of 900% compared to the previous 30 days.MarketBeat Follows1 people have added SmartRent to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SmartRent insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $73,180.00 in company stock.Percentage Held by Insiders12.00% of the stock of SmartRent is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions62.27% of the stock of SmartRent is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for SmartRent are expected to grow in the coming year, from ($0.19) to ($0.02) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SmartRent is -7.41, 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. SectorThe P/E ratio of SmartRent is -7.41, 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 RatioSmartRent has a P/B Ratio of 1.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About SmartRent (NYSE:SMRT) StockSmartRent, 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.Read More Receive SMRT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SmartRent and its competitors with MarketBeat's FREE daily newsletter. Email Address SMRT Stock News HeadlinesMay 26, 2023 | americanbankingnews.comAlana Beard Sells 12,000 Shares of SmartRent, Inc. (NYSE:SMRT) StockMay 26, 2023 | americanbankingnews.comAnalysts Set SmartRent, Inc. (NYSE:SMRT) PT at $5.48May 27, 2023 | Stocks To Trade (Ad)3 Free Stock Picks per DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 25, 2023 | finance.yahoo.comSmartRent to Present at the Morgan Stanley US Financials, Payments and CRE ConferenceMay 23, 2023 | americanbankingnews.comSmartRent, Inc. (NYSE:SMRT) Forecasted to Earn Q2 2023 Earnings of ($0.04) Per ShareMay 17, 2023 | americanbankingnews.comSmartRent, Inc. (NYSE:SMRT) Director Alana Beard Sells 10,000 SharesMay 14, 2023 | americanbankingnews.comKeefe, Bruyette & Woods Raises SmartRent (NYSE:SMRT) Price Target to $4.50May 12, 2023 | americanbankingnews.comSmartRent (NYSE:SMRT) Given New $5.00 Price Target at Cantor FitzgeraldMay 27, 2023 | Stocks To Trade (Ad)3 Free Stock Picks per DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 11, 2023 | seekingalpha.comSmartRent, Inc. 2023 Q1 - Results - Earnings Call PresentationMay 10, 2023 | finance.yahoo.comSmartRent Reports First Quarter 2023 ResultsMay 8, 2023 | americanbankingnews.comSmartRent (SMRT) Set to Announce Earnings on WednesdayMay 3, 2023 | americanbankingnews.comSmartRent (NYSE:SMRT) vs. VerifyMe (NASDAQ:VRME) Financial SurveyMay 2, 2023 | americanbankingnews.comAnalyzing Creative Realities (NASDAQ:CREX) and SmartRent (NYSE:SMRT)May 1, 2023 | americanbankingnews.comSmartRent, Inc. (NYSE:SMRT) Receives $5.48 Average Price Target from AnalystsApril 27, 2023 | americanbankingnews.comSmartRent (NYSE:SMRT) vs. VerifyMe (NASDAQ:VRME) Head-To-Head AnalysisApril 24, 2023 | americanbankingnews.comContrasting Eviation Aircraft (OTCMKTS:EVTNF) and SmartRent (NYSE:SMRT)April 8, 2023 | americanbankingnews.comSmartRent, Inc. (NYSE:SMRT) Receives Average Recommendation of "Moderate Buy" from BrokeragesMarch 22, 2023 | americanbankingnews.comSmartRent, Inc. (NYSE:SMRT) Expected to Post FY2024 Earnings of ($0.05) Per ShareMarch 8, 2023 | finance.yahoo.comSmartRent Reports Fourth Quarter and Full-Year 2022 ResultsFebruary 2, 2023 | finance.yahoo.comSmartRent to Present at the Morgan Stanley Technology, Media & Telecom ConferenceNovember 30, 2022 | finance.yahoo.comSmartRent to Present at Imperial Capital Security Investor ConferenceNovember 28, 2022 | finance.yahoo.comSmartRent Reports Third Quarter 2022 ResultsSeptember 6, 2022 | finance.yahoo.comSmartRent to Present at Goldman Sachs Communacopia + Technology ConferenceAugust 14, 2022 | finance.yahoo.comAnalysts Have Lowered Expectations For SmartRent, Inc. (NYSE:SMRT) After Its Latest ResultsAugust 13, 2022 | finance.yahoo.comNeed To Know: The Consensus Just Cut Its SmartRent, Inc. (NYSE:SMRT) Estimates For 2022August 11, 2022 | finance.yahoo.comSmartRent Reports Second Quarter 2022 ResultsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SMRT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SmartRent and its competitors with MarketBeat's FREE daily newsletter. Email Address SMRT Company Calendar Last Earnings3/08/2023Today5/27/2023Next Earnings (Estimated)8/10/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Computer integrated systems design Sub-IndustryN/A SectorBusiness Services Current SymbolNYSE:SMRT CUSIPN/A CIK1837014 Webwww.smartrent.com Phone844-479-1555FaxN/AEmployees2Year FoundedN/APrice Target and Rating Average Stock Price Forecast$5.17 High Stock Price Forecast$6.50 Low Stock Price Forecast$3.10 Forecasted Upside/Downside+58.6%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.44) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-96,320,000.00 Net Margins-44.05% Pretax Margin-44.35% Return on Equity-21.61% Return on Assets-14.62% Debt Debt-to-Equity RatioN/A Current Ratio2.90 Quick Ratio2.36 Sales & Book Value Annual Sales$167.82 million Price / Sales3.87 Cash FlowN/A Price / Cash FlowN/A Book Value$1.78 per share Price / Book1.83Miscellaneous Outstanding Shares199,460,000Free Float175,524,000Market Cap$650.24 million OptionableOptionable Beta1.85 Key CompetitorsTuSimpleNASDAQ:TSPECARXNASDAQ:ECXTDCXNYSE:TDCXVeradigmNASDAQ:MDRXAurora InnovationNASDAQ:AURView All CompetitorsInsiders & InstitutionsAlana BeardSold 12,000 sharesTotal: $40,680.00 ($3.39/share)JPMorgan Chase & Co.Bought 30,956 shares on 5/18/2023Ownership: 0.078%New York State Common Retirement FundSold 27,000 shares on 5/18/2023Ownership: 0.029%Rockefeller Capital Management L.P.Bought 7,450 shares on 5/17/2023Ownership: 0.014%Blue Door Asset Management LLCBought 20,000 shares on 5/16/2023Ownership: 0.955%View All Insider TransactionsView All Institutional Transactions SMRT Stock - Frequently Asked Questions Should I buy or sell SmartRent stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SmartRent in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SMRT shares. View SMRT analyst ratings or view top-rated stocks. What is SmartRent's stock price forecast for 2023? 5 Wall Street analysts have issued 1 year price targets for SmartRent's stock. Their SMRT share price forecasts range from $3.10 to $6.50. On average, they anticipate the company's share price to reach $5.17 in the next twelve months. This suggests a possible upside of 58.6% 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 2023? SmartRent's stock was trading at $2.43 on January 1st, 2023. Since then, SMRT shares have increased by 34.2% and is now trading at $3.26. View the best growth stocks for 2023 here. When is SmartRent's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023. View our SMRT earnings forecast. How were SmartRent's earnings last quarter? SmartRent, Inc. (NYSE:SMRT) posted its earnings results on Wednesday, March, 8th. The company reported ($0.09) earnings per share for the quarter, hitting the consensus estimate of ($0.09). The firm had revenue of $40.55 million for the quarter, compared to analysts' expectations of $44.80 million. SmartRent had a negative net margin of 44.05% and a negative trailing twelve-month return on equity of 21.61%. What ETFs hold SmartRent's stock? ETFs with the largest weight of SmartRent (NYSE:SMRT) stock in their portfolio include SPDR S&P Kensho Intelligent Structures ETF (SIMS), Global X Internet of Things Thematic ETF (SNSR), SPDR S&P Kensho New Economies Composite ETF (KOMP), What guidance has SmartRent issued on next quarter's earnings? SmartRent issued an update on its second quarter 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $50.00 million-$55.00 million, compared to the consensus revenue estimate of $62.50 million. What is SmartRent's stock symbol? SmartRent trades on the New York Stock Exchange (NYSE) under the ticker symbol "SMRT." Who are SmartRent's major shareholders? SmartRent's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Citigroup Inc. (4.86%), BlackRock Inc. (4.37%), ACK Asset Management LLC (2.96%), Old West Investment Management LLC (1.82%), State Street Corp (1.80%) and Russell Investments Group Ltd. (1.34%). Insiders that own company stock include Alana Beard, Bain Capital Venture Investors, Bruce C Strohm, Christopher Jon Edmonds, D Hunt Hawkins, Demetrios Barnes, Eva Chantelle Quick, Irwin Cohen, Isaiah Derose-Wilson, James Ballister Brown, Jay Stein, Jonathan Wolter, Lucas Merwan Haldeman, Mitch Karren, Robert T Best and Thomas L Cole. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is SmartRent's stock price today? One share of SMRT stock can currently be purchased for approximately $3.26. How much money does SmartRent make? SmartRent (NYSE:SMRT) has a market capitalization of $650.24 million and generates $167.82 million in revenue each year. The company earns $-96,320,000.00 in net income (profit) each year or ($0.44) on an earnings per share basis. How can I contact SmartRent? SmartRent's mailing address is 8665 E. HARTFORD DRIVE SUITE 200, SCOTTSDALE AZ, 85255. The official website for the company is www.smartrent.com. The company can be reached via phone at 844-479-1555 or via email at investors@smartrent.com. This page (NYSE:SMRT) was last updated on 5/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding SmartRent, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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