SmartRent Stock Price, News & Analysis (NYSE:SMRT) $3.34 +0.09 (+2.77%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$3.23▼$3.3850-Day Range$2.35▼$3.3452-Week Range$2.03▼$4.12Volume1.36 million shsAverage Volume993,102 shsMarket Capitalization$678.52 millionP/E RatioN/ADividend YieldN/APrice Target$4.43 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media SmartRent MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside32.5% Upside$4.43 Price TargetShort InterestBearish7.31% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.16Based on 4 Articles This WeekInsider TradingAcquiring Shares$117,275 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.18) to $0.01 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.2.02 out of 5 starsBusiness Services Sector171st out of 292 stocksComputer Integrated Systems Design Industry18th out of 31 stocks 3.3 Analyst's Opinion Consensus RatingSmartRent has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.43, SmartRent has a forecasted upside of 32.5% from its current price of $3.34.Amount of Analyst CoverageSmartRent has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted7.31% of the float of SmartRent has been sold short.Short Interest Ratio / Days to CoverSmartRent has a short interest ratio ("days to cover") of 10.4, which indicates bearish sentiment.Change versus previous monthShort interest in SmartRent has recently decreased by 6.76%, indicating that investor sentiment is improving significantly. 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 1.6 News and Social Media Coverage News SentimentSmartRent has a news sentiment score of -0.16. 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 lower news sentiment than the 0.48 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 4 news articles for SmartRent this week, compared to 0 articles on an average week.MarketBeat Follows2 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 bought more of their company's stock than they have sold. Specifically, they have bought $117,275.00 in company stock and sold $0.00 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 Institutions55.68% 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 ($0.18) to $0.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SmartRent is -12.37, 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 -12.37, 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 1.82. 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 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.Read More SMRT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SMRT Stock News HeadlinesDecember 9, 2023 | americanbankingnews.comSmartRent, Inc. to Post FY2023 Earnings of ($0.19) Per Share, Colliers Securities Forecasts (NYSE:SMRT)December 3, 2023 | americanbankingnews.comSmartRent (NYSE:SMRT) Shares Gap Up to $3.13December 10, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 8, 2023 | tmcnet.comSmartRent Earns Coveted Spot on Deloitte's 2023 Technology Fast 500™ ListNovember 7, 2023 | seekingalpha.comSmartRent, Inc. 2023 Q3 - Results - Earnings Call PresentationNovember 7, 2023 | finance.yahoo.comSmartRent Reports Third Quarter 2023 ResultsNovember 1, 2023 | seekingalpha.comSmartRent: Heading In The Right DirectionSeptember 11, 2023 | finance.yahoo.comSmartRent Issues Response to Inaccurate Short Seller ReportDecember 10, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.August 22, 2023 | seekingalpha.comSmartRent: Positive On The Profitable Growth ApproachAugust 8, 2023 | seekingalpha.comSmartRent, Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 8, 2023 | finance.yahoo.comSmartRent Reports Second Quarter 2023 ResultsAugust 2, 2023 | finance.yahoo.comSmartRent Expands Product Line to Include the Smart Package Room® SolutionJuly 23, 2023 | seekingalpha.comOld West - SmartRent: No Serious Competition And Rapidly Riding To ProfitabilityJune 29, 2023 | seekingalpha.comSmartRent: Accelerated Revenue Recognition For New SmartHubs Superficially And Temporarily Boosts Stagnating Low-Margin BusinessJune 1, 2023 | seekingalpha.comSmartRent: The Smart Way To Invest In Smart Homes And ProptechMay 25, 2023 | finance.yahoo.comSmartRent to Present at the Morgan Stanley US Financials, Payments and CRE ConferenceMay 11, 2023 | seekingalpha.comSmartRent, Inc. 2023 Q1 - Results - Earnings Call PresentationMay 10, 2023 | finance.yahoo.comSmartRent Reports First Quarter 2023 ResultsMarch 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 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 Company Calendar Last Earnings11/07/2023Today12/09/2023Fiscal Year End12/31/2023Next Earnings (Estimated)3/13/2024Get 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 Target$4.43 High Stock Price Target$5.00 Low Stock Price Target$3.20 Potential Upside/Downside+32.5%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.27) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-96,320,000.00 Net Margins-24.26% Pretax Margin-24.11% Return on Equity-14.13% Return on Assets-9.33% Debt Debt-to-Equity RatioN/A Current Ratio2.78 Quick Ratio2.40 Sales & Book Value Annual Sales$167.82 million Price / Sales4.04 Cash FlowN/A Price / Cash FlowN/A Book Value$1.84 per share Price / Book1.82Miscellaneous Outstanding Shares203,150,000Free Float178,776,000Market Cap$678.52 million OptionableOptionable Beta2.08 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key CompetitorsTDCXNYSE:TDCXTuSimpleNASDAQ:TSPVeradigmNASDAQ:MDRXPureCycle TechnologiesNYSE:PCTNayaxNASDAQ:NYAXView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Bought 51,355 shares on 11/30/2023Ownership: 0.056%Deutsche Bank AGBought 12,237 shares on 11/24/2023Ownership: 0.041%Graham Capital Management L.P.Bought 15,665 shares on 11/22/2023Ownership: 0.008%Bruce C StrohmBought 41,149 shares on 11/17/2023Total: $117,274.65 ($2.85/share)Wolverine Trading LLCSold 10,400 shares on 11/16/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions SMRT Stock Analysis - Frequently Asked Questions Should I buy or sell SmartRent stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SmartRent in the last twelve months. There are currently 1 hold rating and 2 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? 3 analysts have issued twelve-month target prices for SmartRent's stock. Their SMRT share price targets range from $3.20 to $5.00. On average, they expect the company's share price to reach $4.43 in the next twelve months. This suggests a possible upside of 32.5% 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 at the beginning of 2023. Since then, SMRT stock has increased by 37.4% and is now trading at $3.34. 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 Wednesday, March 13th 2024. View our SMRT earnings forecast. How were SmartRent's earnings last quarter? SmartRent, Inc. (NYSE:SMRT) announced its quarterly earnings results on Tuesday, November, 7th. The company reported ($0.04) earnings per share for the quarter, beating analysts' consensus estimates of ($0.05) by $0.01. The firm had revenue of $58.10 million for the quarter, compared to the consensus estimate of $59.34 million. SmartRent had a negative net margin of 24.26% and a negative trailing twelve-month return on equity of 14.13%. The firm's revenue for the quarter was up 22.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.13) earnings per share. 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), Playtech (PTEC) and Global X Internet of Things Thematic ETF (SNSR) and Who are SmartRent's major shareholders? SmartRent's stock is owned by many different institutional and retail investors. Top institutional investors include Citigroup Inc. (3.97%), Old West Investment Management LLC (1.81%), Land & Buildings Investment Management LLC (1.72%), Bamco Inc. NY (0.95%), Northern Trust Corp (0.83%) and Charles Schwab Investment Management Inc. (0.70%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. 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