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MarketBeat Week in Review – 5/22 - 5/26
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
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"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
NYSE:SMRT

SmartRent (SMRT) Stock Forecast, Price & News

$3.26
+0.04 (+1.24%)
(As of 05/26/2023 ET)
Compare
Today's Range
$3.20
$3.32
50-Day Range
$2.23
$3.67
52-Week Range
$2.03
$6.59
Volume
913,853 shs
Average Volume
1.21 million shs
Market Capitalization
$650.24 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.17

SmartRent MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
58.6% Upside
$5.17 Price Target
Short Interest
Bearish
5.96% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.75mentions of SmartRent in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$73,180 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.19) to ($0.02) Per Share

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 stars

Business Services Sector

163rd out of 345 stocks

Computer Integrated Systems Design Industry

21st out of 40 stocks


SMRT stock logo

About SmartRent (NYSE:SMRT) Stock

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.

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SMRT Stock News Headlines

Analysts Set SmartRent, Inc. (NYSE:SMRT) PT at $5.48
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SmartRent Reports First Quarter 2023 Results
SmartRent (SMRT) Set to Announce Earnings on Wednesday
SmartRent Reports Third Quarter 2022 Results
SmartRent Reports Second Quarter 2022 Results
See More Headlines
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SMRT Company Calendar

Last Earnings
3/08/2023
Today
5/27/2023
Next Earnings (Estimated)
8/10/2023
Fiscal Year End
12/31/2023

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 Forecast
$5.17
High Stock Price Forecast
$6.50
Low Stock Price Forecast
$3.10
Forecasted Upside/Downside
+58.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$-96,320,000.00
Pretax Margin
-44.35%

Debt

Sales & Book Value

Annual Sales
$167.82 million
Book Value
$1.78 per share

Miscellaneous

Free Float
175,524,000
Market Cap
$650.24 million
Optionable
Optionable
Beta
1.85














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?
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

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