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. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
SmartRent, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1.58 |
| 52 Week High | US$3.47 |
| 52 Week Low | US$1.17 |
| Beta | 1.96 |
| 1 Month Change | -1.86% |
| 3 Month Change | -8.14% |
| 1 Year Change | -51.98% |
| 3 Year Change | -84.36% |
| 5 Year Change | n/a |
| Change since IPO | -85.77% |
Recent News & Updates
Recent updates
SmartRent, Inc.'s (NYSE:SMRT) 27% Share Price Surge Not Quite Adding Up
Dec 13
Bearish: Analysts Just Cut Their SmartRent, Inc. (NYSE:SMRT) Revenue and EPS estimates
Nov 12SmartRent: Turnaround Play, Takeover Target, Or Just A Falling Knife?
Oct 04SmartRent: An Activist Emerges
May 17SmartRent: Downgrading To Hold Due To Uncertainties In FY24
Mar 25SmartRent, Inc. (NYSE:SMRT) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Mar 08SmartRent: Profitability On The Horizon
Feb 09We're Not Worried About SmartRent's (NYSE:SMRT) Cash Burn
Dec 18Should You Think About Buying SmartRent, Inc. (NYSE:SMRT) Now?
Nov 09SmartRent: Heading In The Right Direction
Nov 01SmartRent: Positive On The Profitable Growth Approach
Aug 22Old West - SmartRent: No Serious Competition And Rapidly Riding To Profitability
Jul 23SmartRent: Accelerated Revenue Recognition For New SmartHubs Superficially And Temporarily Boosts Stagnating Low-Margin Business
Jun 29SmartRent: The Smart Way To Invest In Smart Homes And Proptech
Jun 01Land & Buildings Investment exits Prologis, Park Hotels during Q4
Feb 14SmartRent: Leading Player In A Large Industry
Jan 10SmartRent: Supply Chain Must Improve To Gain Momentum
Dec 16Time To Worry? Analysts Are Downgrading Their SmartRent, Inc. (NYSE:SMRT) Outlook
Aug 16Land & Buildings takes new stake in SmartRent, exits Blackstone, Jones Lang LaSalle
Aug 16Shareholder Returns
| SMRT | US Electronic | US Market | |
|---|---|---|---|
| 7D | -13.7% | -3.1% | -2.4% |
| 1Y | -52.0% | 17.6% | 23.3% |
Return vs Industry: SMRT underperformed the US Electronic industry which returned 17.6% over the past year.
Return vs Market: SMRT underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| SMRT volatility | |
|---|---|
| SMRT Average Weekly Movement | 8.0% |
| Electronic Industry Average Movement | 6.3% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: SMRT has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: SMRT's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | 526 | Daryl Stemm | smartrent.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
| SMRT fundamental statistics | |
|---|---|
| Market cap | US$304.26m |
| Earnings (TTM) | -US$25.52m |
| Revenue (TTM) | US$199.77m |
1.5x
P/S Ratio-11.9x
P/E RatioIs SMRT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SMRT income statement (TTM) | |
|---|---|
| Revenue | US$199.77m |
| Cost of Revenue | US$132.59m |
| Gross Profit | US$67.19m |
| Other Expenses | US$92.71m |
| Earnings | -US$25.52m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.13 |
| Gross Margin | 33.63% |
| Net Profit Margin | -12.77% |
| Debt/Equity Ratio | 0% |
How did SMRT perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:04 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
SmartRent, Inc. is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brett Knoblauch | Cantor Fitzgerald & Co. |
| Barry Oxford | Colliers Securities |
| Thomas White | D.A. Davidson & Co. |