SmartRent Management
Management criteria checks 0/4
SmartRent's CEO is Frank Martell, appointed in Jun 2025, has a tenure of less than a year. total yearly compensation is $2.85M, comprised of 13.5% salary and 86.5% bonuses, including company stock and options. directly owns 1.57% of the company’s shares, worth $4.10M. The average tenure of the management team and the board of directors is 0.8 years and 2 years respectively.
Key information
Frank Martell
Chief executive officer
US$2.9m
Total compensation
| CEO salary percentage | 13.53% |
| CEO tenure | less than a year |
| CEO ownership | 1.6% |
| Management average tenure | less than a year |
| Board average tenure | 2yrs |
Recent management updates
Recent updates
SMRT: Share Buybacks And First Revenue Upswing Will Support Future Upside
Analysts have nudged their SmartRent price target higher to reflect a small shift in fair value to $2.00, a slightly higher discount rate of 8.47%, modestly adjusted profit margin expectations, and a marginally higher forward P/E assumption of about 29x. What's in the News SmartRent completed a share repurchase program announced on March 5, 2024, buying back 20,250,000 shares, or 10.22% of shares, for a total of $33.46m (Key Developments).SMRT: Share Buybacks Will Support Future Upside As Losses Narrow
Analysts have modestly adjusted their SmartRent price target to $2.00 per share, reflecting updated views on fair value, discount rate, profit margin, and future P/E assumptions, while keeping revenue growth expectations steady. What's in the News SmartRent completed its share repurchase program announced on March 5, 2024, buying back a total of 20,250,000 shares, representing 10.22% of shares for $33.46 million (Key Developments).SMRT: Share Buybacks And Improving Margins Will Support Future Upside
Analysts have adjusted the SmartRent price target from $1.85 to $2.00, linking this change to updated assumptions for revenue growth, profit margins, discount rate, and future P/E expectations. What's in the News SmartRent completed a share repurchase program covering 20,250,000 shares, representing 10.22% of the company, for a total of $33.46 million under the buyback announced on March 5, 2024 (Key Developments).SMRT: Fair Value View Will Weigh Buybacks Against Ongoing Quarterly Losses
Analysts have raised their price target on SmartRent to $1.85 from $1.73, citing updated assumptions for revenue growth, profit margins and a higher future P/E multiple as key drivers of the revised outlook. What's in the News SmartRent completed a share repurchase program covering 20,250,000 shares, representing 10.22% of the company, for a total of $33.46 million under the buyback announced on March 5, 2024 (Key Developments).SMRT: Fair Value View Will Balance Losses Against Returning Revenue Growth
Analysts have adjusted their SmartRent price target to $1.73, with the small change largely tied to updated modeling inputs, such as a slightly higher discount rate and a refined future P/E assumption around 170x. What's in the News SmartRent issued earnings guidance for the fourth quarter of 2025, setting expected revenue in a range of $36 million to $37 million.SMRT: Fair Value View Will Weigh Future Upside Despite Returning Revenue Growth
Narrative Update on SmartRent The updated analyst price target for SmartRent has been nudged only slightly, with fair value held at $1.73 as analysts point to modest tweaks to their discount rate and future P/E assumptions rather than any shift in revenue growth or margin expectations. What's in the News SmartRent issued earnings guidance for the fourth quarter of 2025, targeting revenue between $36 million and $37 million.SmartRent: Is The Market Ignoring The SaaS Transformation?
Feb 05SMRT: Future Returns Will Likely Stay Muted As Buyback Progress Slows
Analysts kept their SmartRent fair value estimate broadly unchanged at about $1.73 per share, citing only minor tweaks to the discount rate, long term profit margin assumptions, and future P/E that did not materially shift their overall price target view. What's in the News On November 13, 2025, SmartRent's board approved and adopted amended and restated company bylaws, with the changes becoming effective immediately upon approval (Key Developments).SMRT: Future Returns Will Likely Stay Muted As Outlook Remains Steady
Analysts kept their SmartRent fair value estimate steady at US$1.73, with only small tweaks to the discount rate, revenue growth outlook, profit margin assumptions, and future P/E inputs. This supports a largely unchanged price target narrative.SMRT: Future Returns Will Likely Disappoint Despite Stable Long-Term Assumptions
Analysts have modestly raised their price target on SmartRent, citing slightly lower discount rate assumptions and reinforced confidence in the company’s long term earnings multiple. Together, these factors support a fair value estimate that now rounds to approximately 1.73 dollars per share.SMRT: Future Returns Will Likely Disappoint Despite Stable Long-Term Assumptions
Analysts have modestly raised their price target on SmartRent to reflect a slightly higher discount rate, along with stable long term growth and margin assumptions, now valuing the shares at approximately 1.73 dollars per share. What's in the News The board approves and adopts amended and restated company bylaws, effective November 13, 2025 (company filing).Optimistic Investors Push SmartRent, Inc. (NYSE:SMRT) Shares Up 26% But Growth Is Lacking
Nov 28
SMRT: Stable Outlook Will Reflect Consistent Metrics and Recent Bylaw Amendments
Analysts have maintained SmartRent's price target this period, citing stable projections across revenue growth, profit margin, and valuation metrics as support for their unchanged outlook of $1.73 per share. What's in the News On November 13, 2025, SmartRent's Board of Directors approved and adopted amended and restated bylaws.SMRT: Revenue Momentum Is Expected To Support Bullish Price Outlook
Narrative Update: SmartRent Analyst Price Target Raised Analysts have increased their price target for SmartRent from $1.48 to $1.73. This change reflects optimism driven by improved projected revenue growth, even as expected profit margins are lower.These Analysts Think SmartRent, Inc.'s (NYSE:SMRT) Sales Are Under Threat
Nov 07SmartRent (NYSE:SMRT) Is In A Good Position To Deliver On Growth Plans
Sep 18SaaS Transformation And AI Will Secure Future Resilience
Despite stronger expected revenue growth and an improved future P/E valuation, the analyst consensus price target for SmartRent has been revised down from $1.65 to $1.40. What's in the News Frank Martell appointed Chief Executive Officer, bringing 30+ years of executive leadership, expertise in digital innovation, and a strong track record in the real estate and financial sectors.Little Excitement Around SmartRent, Inc.'s (NYSE:SMRT) Revenues As Shares Take 26% Pounding
Apr 05
SaaS Transition Will Transform Smart Property Technology Prospects
Transitioning to a SaaS-focused model is boosting revenue, margins, and operational efficiency, highlighting future growth potential in smart property technology.SmartRent: Very Messy But Undervalued Nonetheless
Feb 13SmartRent, Inc.'s (NYSE:SMRT) 27% Share Price Surge Not Quite Adding Up
Dec 13Bearish: 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 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | US$3m | US$386k | -US$61m |
| Sep 30 2025 | n/a | n/a | -US$69m |
| Jun 30 2025 | n/a | n/a | -US$72m |
| Mar 31 2025 | n/a | n/a | -US$66m |
| Dec 31 2024 | US$185k | n/a | -US$34m |
Compensation vs Market: Frank's total compensation ($USD2.85M) is above average for companies of similar size in the US market ($USD1.57M).
Compensation vs Earnings: Frank's compensation has increased whilst the company is unprofitable.
CEO
Frank Martell (65 yo)
less than a year
Tenure
US$2,854,701
Compensation
Mr. Frank D. Martell serves as an Independent Director at SmartRent, Inc. since June 18, 2024 and serves as its CEO and President since June 16, 2025. He had been President & CEO of loanDepot.com, LLC unti...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | US$2.85m | 1.57% $ 4.1m | |
| Co-Founder | 9.3yrs | US$1.07m | 0.059% $ 154.3k | |
| Chief Financial Officer | 2.4yrs | US$1.08m | 0.062% $ 161.6k | |
| General Counsel & Company Secretary | less than a year | US$715.82k | 0.0052% $ 13.5k | |
| Chief Revenue Officer | 1.5yrs | US$1.33m | 0.035% $ 90.4k | |
| Chief Information Officer | less than a year | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Vice President of Marketing & Communications | no data | no data | no data | |
| Chief Human Resources Officer | no data | no data | no data | |
| Chief Transformation Officer | less than a year | no data | no data | |
| CEO of Tri Plus Grupa | no data | no data | no data |
0.8yrs
Average Tenure
54yo
Average Age
Experienced Management: SMRT's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.8yrs | US$2.85m | 1.57% $ 4.1m | |
| Independent Chairman of the Board | 4.7yrs | US$1.20m | 0.20% $ 520.8k | |
| Independent Director | less than a year | US$184.28k | 0.26% $ 680.0k | |
| Independent Director | 1.3yrs | US$281.10k | 0.050% $ 130.3k | |
| Lead Independent Director | 2.1yrs | US$259.91k | 0.028% $ 72.1k | |
| Independent Director | 4.7yrs | US$249.38k | 0.082% $ 214.8k |
2.0yrs
Average Tenure
63yo
Average Age
Experienced Board: SMRT's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/30 05:29 |
| End of Day Share Price | 2026/04/30 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
SmartRent, Inc. is covered by 6 analysts. 2 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 |
|---|---|
| Barry Oxford | Colliers Securities |
| Thomas White | D.A. Davidson & Co. |
| Shek Ho | Deutsche Bank |