SmartRent (SMRT) Stock Price, News & Analysis

Company Overview

SmartRent, Inc. (NYSE: SMRT) is a technology company specializing in smart home automation solutions for the real estate industry. The company offers an Internet-of-Things (IoT)-enabled platform that integrates hardware and software to streamline property management, enhance resident experience and improve operational efficiency. Through its centralized system, SmartRent provides property owners and operators the ability to remotely monitor and control a wide range of in-unit devices, including smart locks, thermostats, leak detectors and lighting controls.

The SmartRent platform encompasses hardware installation, cloud-based software and mobile applications that enable maintenance teams and residents to manage units effortlessly. Property managers can automate routine tasks such as access scheduling, energy optimization and preventive maintenance alerts, while residents enjoy simplified self-service features for entry, climate adjustment and package notifications. By aggregating data from networked devices, the platform also delivers actionable analytics on energy consumption and asset performance.

Founded in 2017 as a spin-out from a leading single-family rental real estate firm, SmartRent is headquartered in Scottsdale, Arizona, and serves multifamily and single-family rental communities across the United States. Since its inception, the company has pursued strategic partnerships with builders, property management platforms and device manufacturers to expand its installation footprint and integration capabilities. Its turnkey approach to IoT deployment allows property owners to upgrade existing portfolios without extensive retrofitting or disruption to residents.

SmartRent’s leadership team brings together professionals with deep expertise in real estate technology, software development and property operations. The company is led by co-founders who carry experience in residential leasing and proptech innovation, supported by executives in finance, operations and product engineering. This multidisciplinary management structure guides SmartRent’s ongoing product roadmap and customer success initiatives, positioning the company to address evolving demands for connected and sustainable rental housing.

Key Stats

• Today's Range: $0.97 to $1.01
• 50-Day Range: $0.76 to $1.11
• 52-Week Range: $0.67 to $2.56
• Volume: 1.14 million shs
• Average Volume: 1.75 million shs
• Market Capitalization: $185.30 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $1.77
• Consensus Rating: Hold

SmartRent Stock Analysis - MarketRank™

SmartRent scored higher than 57% of companies evaluated by MarketBeat, and ranked 151st out of 317 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: 3.0 / 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, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

SmartRent has only been the subject of 2 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 -2.90, 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 -2.90, 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 0.66. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

3.85% 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 2.4, 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 23.30%, 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

3.85% 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 2.4, 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 23.30%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, SmartRent insiders have not sold or bought any 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 stock has decreased by 43.7% and is now trading at $0.9847.

How were SmartRent's earnings last quarter?

SmartRent, Inc. (NYSE:SMRT) announced its quarterly earnings results on Wednesday, May, 7th. The company reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of ($0.02) by $0.03. The business earned $41.34 million during the quarter, compared to analyst estimates of $40.10 million. SmartRent had a negative net margin of 39.90% and a negative trailing twelve-month return on equity of 11.65%.
Read the conference call transcript.

Is SmartRent doing a stock buyback?

SmartRent's board approved a share buyback program on Wednesday, May 7th 2025, which authorizes the company to repurchase $50,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 27.7% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its shares are undervalued.

Who are SmartRent's major shareholders?

Top institutional shareholders of SmartRent include Wealth Enhancement Advisory Services LLC (0.03%) and Pallas Capital Advisors LLC (0.02%). Insiders that own company stock include Bain Capital Venture Investors, Robert T Best, 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: 5/07/2025
• Today: 7/12/2025
• Next Earnings (Estimated): 8/06/2025
• 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: N/A

Price Target and Rating

• Average Price Target for SmartRent: $1.77
• High Price Target: $2.00
• Low Price Target: $1.30
• Potential Upside/Downside: +79.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.34)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$33.64 million
• Net Margins: -39.90%
• Pretax Margin: -39.70%
• Return on Equity: -11.65%
• Return on Assets: -8.00%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.00
• Quick Ratio: 2.57

Sales & Book Value

• Annual Sales: $174.88 million
• Price / Sales: 1.06
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.50 per share
• Price / Book: 0.66

Miscellaneous

• Outstanding Shares: 188,180,000
• Free Float: 184,604,000
• Market Cap: $185.30 million
• Optionable: Optionable
• Beta: 1.82