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SmartRent NYSE:SMRT Stock Report

Last Price

US$2.40

Market Cap

US$484.4m

7D

-6.3%

1Y

-32.0%

Updated

31 May, 2024

Data

Company Financials +

SMRT Stock Overview

An enterprise real estate technology company, provides management software and applications to rental property owners and operators, property managers, homebuilders, developers, and residents in the United States and internationally.

SMRT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for SMRT from our risk checks.

SmartRent, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SmartRent
Historical stock prices
Current Share PriceUS$2.40
52 Week HighUS$4.12
52 Week LowUS$2.20
Beta2
1 Month Change2.56%
3 Month Change-17.24%
1 Year Change-32.01%
3 Year Change-77.10%
5 Year Changen/a
Change since IPO-78.38%

Recent News & Updates

SmartRent: An Activist Emerges

May 17

Recent updates

SmartRent: An Activist Emerges

May 17

SmartRent: Downgrading To Hold Due To Uncertainties In FY24

Mar 25

SmartRent, Inc. (NYSE:SMRT) Analysts Are Cutting Their Estimates: Here's What You Need To Know

Mar 08
SmartRent, Inc. (NYSE:SMRT) Analysts Are Cutting Their Estimates: Here's What You Need To Know

SmartRent: Profitability On The Horizon

Feb 09

We're Not Worried About SmartRent's (NYSE:SMRT) Cash Burn

Dec 18
We're Not Worried About SmartRent's (NYSE:SMRT) Cash Burn

Should You Think About Buying SmartRent, Inc. (NYSE:SMRT) Now?

Nov 09
Should You Think About Buying SmartRent, Inc. (NYSE:SMRT) Now?

SmartRent: Heading In The Right Direction

Nov 01

SmartRent: Positive On The Profitable Growth Approach

Aug 22

Old West - SmartRent: No Serious Competition And Rapidly Riding To Profitability

Jul 23

SmartRent: Accelerated Revenue Recognition For New SmartHubs Superficially And Temporarily Boosts Stagnating Low-Margin Business

Jun 29

SmartRent: The Smart Way To Invest In Smart Homes And Proptech

Jun 01

Land & Buildings Investment exits Prologis, Park Hotels during Q4

Feb 14

SmartRent: Leading Player In A Large Industry

Jan 10

SmartRent: Supply Chain Must Improve To Gain Momentum

Dec 16

Time To Worry? Analysts Are Downgrading Their SmartRent, Inc. (NYSE:SMRT) Outlook

Aug 16
Time To Worry? Analysts Are Downgrading Their SmartRent, Inc. (NYSE:SMRT) Outlook

Land & Buildings takes new stake in SmartRent, exits Blackstone, Jones Lang LaSalle

Aug 16

SmartRent: Even Considering The Risks, There Is Upside Potential

Jun 30

Sizing Up SmartRent

Jun 13

Shareholder Returns

SMRTUS ElectronicUS Market
7D-6.3%-1.7%-1.2%
1Y-32.0%19.9%21.5%

Return vs Industry: SMRT underperformed the US Electronic industry which returned 21.8% over the past year.

Return vs Market: SMRT underperformed the US Market which returned 25.2% over the past year.

Price Volatility

Is SMRT's price volatile compared to industry and market?
SMRT volatility
SMRT Average Weekly Movement7.0%
Electronic Industry Average Movement6.2%
Market Average Movement5.8%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.9%

Stable Share Price: SMRT has not had significant price volatility in the past 3 months.

Volatility Over Time: SMRT's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2017526Lucas Haldemansmartrent.com

SmartRent, Inc., an enterprise real estate technology company, provides management software and applications to rental property owners and operators, property managers, homebuilders, developers, and residents in the United States and internationally. Its smart building hardware and cloud-based software-as-a-service solutions are designed to enhance visibility and control their real estate assets while providing all-in-one home control offerings for residents. The company’s products and solutions include smart apartments and homes, access control for buildings, common areas, rental units, asset protection and monitoring, self-guided tours, parking management, and community and resident Wi-Fi.

SmartRent, Inc. Fundamentals Summary

How do SmartRent's earnings and revenue compare to its market cap?
SMRT fundamental statistics
Market capUS$484.39m
Earnings (TTM)-US$29.06m
Revenue (TTM)US$222.25m

2.2x

P/S Ratio

-16.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SMRT income statement (TTM)
RevenueUS$222.25m
Cost of RevenueUS$162.41m
Gross ProfitUS$59.84m
Other ExpensesUS$88.90m
Earnings-US$29.06m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.14
Gross Margin26.92%
Net Profit Margin-13.08%
Debt/Equity Ratio0%

How did SMRT perform over the long term?

See historical performance and comparison
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