S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
Dozens of animals taken from Virginia roadside zoo as part of investigation
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
Agriculture gets its day at COP28, but experts see big barriers to cutting emissions
Shohei Ohtani joins big-money club with massive contract with Los Angeles Dodgers
Consumer product agency issues warning on small magnetic balls linked to deaths
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
Dozens of animals taken from Virginia roadside zoo as part of investigation
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
Agriculture gets its day at COP28, but experts see big barriers to cutting emissions
Shohei Ohtani joins big-money club with massive contract with Los Angeles Dodgers
Consumer product agency issues warning on small magnetic balls linked to deaths
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
Dozens of animals taken from Virginia roadside zoo as part of investigation
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
Agriculture gets its day at COP28, but experts see big barriers to cutting emissions
Shohei Ohtani joins big-money club with massive contract with Los Angeles Dodgers
Consumer product agency issues warning on small magnetic balls linked to deaths
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
Dozens of animals taken from Virginia roadside zoo as part of investigation
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
Agriculture gets its day at COP28, but experts see big barriers to cutting emissions
Shohei Ohtani joins big-money club with massive contract with Los Angeles Dodgers
Consumer product agency issues warning on small magnetic balls linked to deaths
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa

SmartRent Stock Price, News & Analysis (NYSE:SMRT)

$3.34
+0.09 (+2.77%)
(As of 12/8/2023 ET)
Compare
Today's Range
$3.23
$3.38
50-Day Range
$2.35
$3.34
52-Week Range
$2.03
$4.12
Volume
1.36 million shs
Average Volume
993,102 shs
Market Capitalization
$678.52 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.43

SmartRent MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
32.5% Upside
$4.43 Price Target
Short Interest
Bearish
7.31% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.16mentions of SmartRent in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$117,275 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.18) to $0.01 Per Share

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 stars

Business Services Sector

171st out of 292 stocks

Computer Integrated Systems Design Industry

18th out of 31 stocks


SMRT stock logo

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.

SMRT Stock Price History

SMRT Stock News Headlines

SmartRent (NYSE:SMRT) Shares Gap Up to $3.13
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.
SmartRent Reports Third Quarter 2023 Results
SmartRent: Heading In The Right Direction
SmartRent Issues Response to Inaccurate Short Seller Report
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.
SmartRent: Positive On The Profitable Growth Approach
SmartRent Reports Second Quarter 2023 Results
SmartRent Reports First Quarter 2023 Results
SmartRent Reports Third Quarter 2022 Results
SmartRent Reports Second Quarter 2022 Results
See More Headlines
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Company Calendar

Last Earnings
11/07/2023
Today
12/09/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
3/13/2024

Industry, Sector and Symbol

Industry
Computer integrated systems design
Sub-Industry
N/A
Fax
N/A
Employees
2
Year Founded
N/A

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-96,320,000.00
Pretax Margin
-24.11%

Debt

Sales & Book Value

Annual Sales
$167.82 million
Book Value
$1.84 per share

Miscellaneous

Free Float
178,776,000
Market Cap
$678.52 million
Optionable
Optionable
Beta
2.08
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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.

This page (NYSE:SMRT) was last updated on 12/10/2023 by MarketBeat.com Staff

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