SmartRent, Inc. (SMRT)

NYSE: SMRT · Real-Time Price · USD
0.7305
+0.0105 (1.46%)
Apr 16, 2025, 11:11 AM EDT - Market open
1.46%
Market Cap 140.77M
Revenue (ttm) 174.89M
Net Income (ttm) -33.64M
Shares Out 192.70M
EPS (ttm) -0.17
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 318,002
Open 0.7200
Previous Close 0.7200
Day's Range 0.7200 - 0.7333
52-Week Range 0.6710 - 2.9800
Beta 1.83
Analysts Hold
Price Target 1.87 (+155.99%)
Earnings Date May 7, 2025

About SMRT

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 contro... [Read more]

Sector Technology
Founded 2017
Employees 494
Stock Exchange NYSE
Ticker Symbol SMRT
Full Company Profile

Financial Performance

In 2024, SmartRent's revenue was $174.89 million, a decrease of -26.16% compared to the previous year's $236.84 million. Losses were -$33.64 million, -2.73% less than in 2023.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for SMRT stock is "Hold." The 12-month stock price forecast is $1.87, which is an increase of 155.99% from the latest price.

Price Target
$1.87
(155.99% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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 u...

4 days ago - Seeking Alpha

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.

6 days ago - Business Wire

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.

16 days ago - Business Wire

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, ...

4 weeks ago - Business Wire

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 Dar...

5 weeks ago - Seeking Alpha

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.

6 weeks ago - Business Wire

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 h...

2 months ago - Seeking Alpha

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.

2 months ago - Business Wire

SmartRent Appoints Ana Pinczuk to its Board of Directors

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent, Inc. today announced the appointment of Ana Pinczuk to its Board of Directors.

2 months ago - Business Wire

SmartRent Names Shane Paladin as President and Chief Executive Officer

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today announced the appointment of Shane Paladin as its President and Chief Executive Officer, with an expected start date of February 24...

2 months ago - Business Wire

SmartRent Launches $10M Investment Program to Fuel Next-Level Innovation and Customer Success

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #multifamily--The $10 million investment will initially focus on driving innovation, new features and functionality for the Company's Smart Operations Solu...

4 months ago - Business Wire

SmartRent Wins 2024 MHN Excellence Silver Award for Best Technology

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent is thrilled to announce its recognition as a 2024 Multi-Housing News Excellence Award Winner in the “Best Technology” category.

4 months ago - Business Wire

SmartRent launches Alloy Deadbolt+ with Apple Wallet integration, enhancing access efficiency and management

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today announced Alloy Deadbolt+, a smart lock tailored specifically to the rental housing industry and featuring Apple Wallet integration...

4 months ago - Business Wire

SmartRent Named to 2024 Deloitte Technology Fast 500™ List

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #multifamily--SmartRent named in a ranking of 500 fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies.

5 months ago - Business Wire

SmartRent New Maintenance Dashboards Offer Advanced Performance Data Visualization to Smart Operations Platform

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #multifamily--SmartRent's Work Management Dashboards optimize task performance reporting into a single screen offering quick, simple visual understanding f...

5 months ago - Business Wire

SmartRent, Inc. (SMRT) Q3 2024 Earnings Call Transcript

SmartRent, Inc. (NYSE:SMRT) Q3 2024 Earnings Conference Call November 6, 2024 11:30 AM ET Company Participants Kristen Lee - Chief Legal Officer Daryl Stemm - CFO and Interim Principal Executive Offi...

5 months ago - Seeking Alpha

SmartRent Reports Third Quarter 2024 Results

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #multifamily--SmartRent reports third quarter 2024 results, delivers record SaaS Annual Recurring Revenue (“ARR”) of $53 million in Q3 2024.

5 months ago - Business Wire

SmartRent, Inc. Is Being Investigated For Securities Fraud And The Schall Law Firm Urges Affected Shareholders To Reach Out

LOS ANGELES, CA / ACCESSWIRE / November 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of SmartRent, Inc...

5 months ago - Accesswire

SmartRent, Inc. Is Being Investigated For Securities Fraud And The Schall Law Firm Urges Affected Shareholders To Participate

LOS ANGELES, CA / ACCESSWIRE / October 31, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of SmartRent, Inc...

5 months ago - Accesswire

SmartRent, Inc. Is Being Investigated For Fraud And The Schall Law Firm Urges Affected Shareholders To Reach Out

LOS ANGELES, CA / ACCESSWIRE / October 29, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of SmartRent, Inc...

6 months ago - Accesswire

The Schall Law Firm Urges Shareholders To Help Investigate Whether SmartRent, Inc. Committed Securities Fraud

LOS ANGELES, CA / ACCESSWIRE / October 25, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of SmartRent, Inc...

6 months ago - Accesswire

SmartRent, Inc. Is Being Investigated For Securities Fraud And The Schall Law Firm Urges Affected Shareholders To Take Part

LOS ANGELES, CA / ACCESSWIRE / October 23, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of SmartRent, Inc...

6 months ago - Accesswire

SmartRent, Inc. Is Being Investigated For Securities Fraud And The Schall Law Firm Urges Shareholders With Losses To Help

LOS ANGELES, CA / ACCESSWIRE / October 21, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of SmartRent, Inc...

6 months ago - Accesswire

SmartRent, Inc. Is Being Investigated For Possible Securities Fraud And The Schall Law Firm Urges Shareholders With Losses To Reach Out

LOS ANGELES, CA / ACCESSWIRE / October 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of SmartRent, Inc...

6 months ago - Accesswire

Investors Are Encouraged To Join The Schall Law Firm In An Inquiry Into SmartRent Inc For Securities Related Infractions

LOS ANGELES, CA / ACCESSWIRE / October 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of SmartRent, Inc...

6 months ago - Accesswire