SMRT icon

SmartRent

0.8881 USD
-0.0016
0.18%
At close Apr 25, 4:00 PM EDT
After hours
0.8651
-0.0230
2.59%
1 day
-0.18%
5 days
8.16%
1 month
-25.37%
3 months
-41.57%
6 months
-47.76%
Year to date
-49.25%
1 year
-61.72%
5 years
-92.60%
10 years
-92.60%
 

About: SmartRent Inc is an enterprise smart home and smart building technology platform for property owners, managers and residents. The SmartRent solution is designed to provide property managers with seamless visibility and control over all their assets while delivering cost savings and additional revenue opportunities through all-in-one home control offerings for residents. Geographical, it operates in the United States and International; majority revenue being generated from the United States.

Employees: 494

0
Funds holding %
of 7,425 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

185% more call options, than puts

Call options by funds: $77K | Put options by funds: $27K

1.79% more ownership

Funds ownership: 57.14% [Q3] → 58.94% (+1.79%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q3] → 3 (+0) [Q4]

1% less capital invested

Capital invested by funds: $200M [Q3] → $199M (-$1.51M) [Q4]

5% less funds holding

Funds holding: 130 [Q3] → 123 (-7) [Q4]

22% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 32

30% less repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 40

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$1.60
80%
upside
Avg. target
$1.60
80%
upside
High target
$1.60
80%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
Keefe, Bruyette & Woods
Ryan Tomasello
36% 1-year accuracy
4 / 11 met price target
80%upside
$1.60
Market Perform
Maintained
6 Mar 2025

Financial journalist opinion

Based on 5 articles about SMRT published over the past 30 days

Neutral
Business Wire
1 week ago
SmartRent to Report First Quarter 2025 Financial Results on May 7, 2025
PHOENIX--(BUSINESS WIRE)--SmartRent will report first quarter 2025 financial results and host a conference call on May 7, 2025.
SmartRent to Report First Quarter 2025 Financial Results on May 7, 2025
Negative
Zacks Investment Research
1 week ago
SmartRent, Inc. (SMRT) Loses -37.6% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
SmartRent, Inc. (SMRT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
SmartRent, Inc. (SMRT) Loses -37.6% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Negative
Seeking Alpha
2 weeks ago
SmartRent: Further Drop In Price Makes Us Load Up The Truck
With the new CEO resigning unexpectedly, the stock has seen a significant drop in price of almost 30% in a single day. The company's SaaS revenue grew 26% y/y in 2024, driven by higher ARPU and more units deployed, offsetting a decline in hardware revenue. SmartRent has a strong balance sheet with $142m in cash, providing a 5-year runway to execute its strategic transformation towards a SaaS-focused model.
SmartRent: Further Drop In Price Makes Us Load Up The Truck
Neutral
Business Wire
2 weeks ago
SmartRent Announces CEO Resignation
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--At the request of the Board of Directors, Shane Paladin has stepped down from his positions as President and CEO effective immediately.
SmartRent Announces CEO Resignation
Neutral
Business Wire
3 weeks ago
SmartRent Expands AI-Powered Smart Operations Suite to Support Centralized Teams
SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today announced the rollout of its Teams, Smart Launch and Triggers features in its Work Management solution.
SmartRent Expands AI-Powered Smart Operations Suite to Support Centralized Teams
Neutral
Business Wire
1 month ago
SmartRent Reports Inducement Grants Under New York Stock Exchange Listed Company Manual Rule
PHOENIX--(BUSINESS WIRE)--SmartRent Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), a leading provider of smart communities solutions and smart operations solutions for the rental housing industry, today announced that it granted inducement awards under its 2025 Inducement Equity Incentive Plan (the “Plan”) to Michael Shane Paladin, SmartRent's President and Chief Executive Officer, as inducement awards in connection with the commencement of his employment. The Plan was adopted by SmartRent's.
SmartRent Reports Inducement Grants Under New York Stock Exchange Listed Company Manual Rule
Neutral
Seeking Alpha
1 month ago
SmartRent, Inc. (SMRT) Q4 2024 Earnings Call Transcript
SmartRent, Inc. (NYSE:SMRT ) Q4 2024 Earnings Conference Call March 5, 2025 11:30 AM ET Company Participants Kristen Lee – Chief Legal Officer Shane Paladin – President and Chief Executive Officer Daryl Stemm – Chief Financial Officer Conference Call Participants Ryan Tomasello – KBW Tom White – D.A. Davidson Barry Oxford – Colliers International Operator Thank you for standing by.
SmartRent, Inc. (SMRT) Q4 2024 Earnings Call Transcript
Neutral
Business Wire
1 month ago
SmartRent Reports Fourth Quarter and Full-Year 2024 Results
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent today reported financial results for the three months and full year ended December 31, 2024.
SmartRent Reports Fourth Quarter and Full-Year 2024 Results
Positive
Seeking Alpha
2 months ago
SmartRent: Very Messy But Undervalued Nonetheless
SmartRent's post-IPO struggles include a 90% stock decline and the CEO stepping down, presenting a high-risk opportunity for bold investors. The company's business model hinges on hardware sales and high-margin, recurring SaaS revenue from smart home solutions. Despite declining total revenue, the Hosted Services segment shows promising double-digit growth and high gross profit margins.
SmartRent: Very Messy But Undervalued Nonetheless
Neutral
Business Wire
2 months ago
SmartRent to Report Fourth Quarter and Full-Year 2024 Financial Results on March 5, 2025
SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent will release fourth quarter and full-year 2024 results and host a conference call at 11:30 a.m. ET on Wednesday, March 5, 2025.
SmartRent to Report Fourth Quarter and Full-Year 2024 Financial Results on March 5, 2025
Charts implemented using Lightweight Charts™