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NYSE:SMRT

SmartRent (SMRT) Stock Price, News & Analysis

SmartRent logo
$1.00 -0.02 (-1.47%)
Closing price 03:59 PM Eastern
Extended Trading
$0.99 -0.02 (-1.89%)
As of 07:55 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About SmartRent Stock (NYSE:SMRT)

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Key Stats

Today's Range
$0.99
$1.02
50-Day Range
$0.95
$1.32
52-Week Range
$0.90
$2.20
Volume
662,079 shs
Average Volume
1.44 million shs
Market Capitalization
$193.80 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.20
Consensus Rating
Reduce

Company Overview

SmartRent Inc. is a technology company that develops smart home and smart building automation solutions for the residential rental housing industry. Its integrated hardware and software platform enables property managers and owners to remotely monitor, manage and control access, energy use and overall resident experience. The company’s product portfolio includes smart locks, thermostats, leak and flood sensors, door and window sensors, security cameras, and a centralized management dashboard that interfaces with leading property management systems.

SmartRent’s platform is designed to streamline operations for multifamily communities and single-family rental portfolios by automating routine tasks such as digital resident self-showings, remote lease turnovers, package management and preventative maintenance alerts. Through partnerships with industry software providers—such as Yardi, RealPage and Entrata—the company’s API-driven integrations facilitate data exchange that enhances workflow efficiency and reporting capabilities for property teams.

Founded in 2016 and headquartered in Scottsdale, Arizona, SmartRent has gradually expanded its footprint across the United States, serving markets in more than 40 states. In April 2021, the company became publicly traded via a business combination and now operates as a standalone entity on the New York Stock Exchange under the ticker symbol SMRT. Its growth strategy emphasizes strategic alliances with real estate operators and investors, leveraging venture and institutional capital to scale its technology infrastructure.

Led by co-founder and CEO Lucas Haldeman, SmartRent’s executive team brings experience in real estate, technology and systems integration. The company continues to focus on innovation in the proptech sector, aiming to reduce operational costs for owners while enhancing the resident living experience through connected-home services and data-driven building management.

AI Generated. May Contain Errors.

SmartRent Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
66th Percentile Overall Score

SMRT MarketRank™: 

SmartRent scored higher than 66% of companies evaluated by MarketBeat, and ranked 332nd out of 596 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    SmartRent has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no strong buy ratings, no buy ratings, 2 hold ratings, and 1 sell rating.

  • Upside Potential

    SmartRent has a consensus price target of $1.20, representing about 19.4% upside from its current price of $1.01.

  • Amount of Analyst Coverage

    SmartRent has only been the subject of 2 research reports in the past 90 days.

  • Read more about SmartRent's stock forecast and price target.
  • Earnings Growth

    Earnings for SmartRent are expected to grow in the coming year, from ($0.10) to ($0.06) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of SmartRent is -7.73, 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 -7.73, 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 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about SmartRent's valuation and earnings.
  • Percentage of Shares Shorted

    3.93% 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 3.47, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in SmartRent has recently increased by 15.99%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    SmartRent has a news sentiment score of 0.59. 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 0.81 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for SmartRent this week, compared to 1 article on an average week.
  • Cluster Insider Buying

    3 insiders have purchased shares of SmartRent in the last three months. Multiple insiders buying is a strong bullish signal.

  • Net Insider Buying

    Over the last three months, insiders have purchased a net $339,044.00 in company stock, which represents 0.1749% of the company's market cap.

  • Insider Buying vs. Insider Selling

    In the past three months, SmartRent insiders have bought more of their company's stock than they have sold. Specifically, they have bought $339,044.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    2.30% 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.

  • Read more about SmartRent's insider trading history.
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SMRT Stock News Headlines

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SMRT Stock Analysis - Frequently Asked Questions

SmartRent's stock was trading at $2.03 on January 1st, 2026. Since then, SMRT stock has decreased by 50.5% and is now trading at $1.0050.

SmartRent, Inc. (NYSE:SMRT) released its earnings results on Wednesday, May, 6th. The company reported ($0.02) EPS for the quarter, meeting the consensus estimate of ($0.02). The company had revenue of $36.63 million for the quarter, compared to analyst estimates of $36.82 million. SmartRent had a negative net margin of 16.58% and a negative trailing twelve-month return on equity of 10.61%.
Read the conference call transcript
.

SmartRent's Board of Directors approved a stock buyback plan on Wednesday, May 7th 2025, which authorizes the company to buy back $50,000,000 in shares, according to EventVestor. This means that the company could purchase up to 27.7% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's management believes its shares are undervalued.

SmartRent (SMRT) raised $300 million in an IPO on Wednesday, August 25th 2021. The company issued 30,000,000 shares at a price of $10.00 per share.

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.

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), Meta Platforms (META), Tesla (TSLA) and Advanced Micro Devices (AMD).

Company Calendar

Last Earnings
5/06/2026
Today
7/31/2026
Next Earnings (Estimated)
8/05/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Software
Sub-Industry
Application Software
Current Symbol
NYSE:SMRT
CIK
1837014
Fax
N/A
Employees
640
Year Founded
2017

Price Target and Rating

High Price Target
$1.20
Low Price Target
$1.20
Potential Upside/Downside
+19.4%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
3 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.13)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$60.56 million
Net Margins
-16.58%
Pretax Margin
-16.60%
Return on Equity
-10.61%
Return on Assets
-7.57%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
3.95
Quick Ratio
3.38

Sales & Book Value

Annual Sales
$149.67 million
Price / Sales
1.29
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$1.23 per share
Price / Book
0.82

Miscellaneous

Outstanding Shares
192,838,000
Free Float
188,403,000
Market Cap
$193.80 million
Optionable
Optionable
Beta
1.51

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This page (NYSE:SMRT) was last updated on 7/31/2026 by MarketBeat.com Staff.
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