In last trading session, SmartRent Inc (NYSE:SMRT) saw 1.58 million shares changing hands with its beta currently measuring 1.92. Company’s recent per share price level of $0.89 trading at $0.04 or 5.12% at ring of the bell on the day assigns it a market valuation of $171.30M. That closing price of SMRT’s stock is at a discount of -234.83% from its 52-week high price of $2.98 and is indicating a premium of 24.72% from its 52-week low price of $0.67. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.98 million shares which gives us an average trading volume of 1.89 million if we extend that period to 3-months.
For SmartRent Inc (SMRT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.33. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.01 in the current quarter.
SmartRent Inc (NYSE:SMRT) trade information
Upright in the green during last session for gaining 5.12%, in the last five days SMRT remained trading in the green while hitting it’s week-highest on Thursday, 04/24/25 when the stock touched $0.89 price level, adding 2.95% to its value on the day. SmartRent Inc’s shares saw a change of -49.16% in year-to-date performance and have moved 22.60% in past 5-day. SmartRent Inc (NYSE:SMRT) showed a performance of -25.24% in past 30-days. Number of shares sold short was 5.37 million shares which calculate 2.46 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 4 to the stock, which implies a rise of 77.75% to its current value. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 6. It follows that stock’s current price would drop -124.72% in reaching the projected high whereas dropping to the targeted low would mean a loss of -124.72% for stock’s current value.
SmartRent Inc (SMRT) estimates and forecasts
This year revenue growth is estimated to fall -5.99% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 40.1M for the same. And 2 analysts are in estimates of company making revenue of 41.15M in the next quarter. Company posted 50.49M and 48.52M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 53.38% during past 5 years.
SmartRent Inc (NYSE:SMRT)’s Major holders
Insiders are in possession of 11.42% of company’s total shares while institution are holding 56.84 percent of that, with stock having share float percentage of 64.17%. Investors also watch the number of corporate investors in a company very closely, which is 56.84% institutions for SmartRent Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at SMRT for having 16.96 million shares of worth $40.52 million. And as of 2024-06-30, it was holding 8.3943 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 15.33 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.5907 of outstanding shares, having a total worth of $36.64 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 5.43 shares of worth $4.83 million or 2.82% of the total outstanding shares. The later fund manager was in possession of 4.99 shares on Mar 31, 2025 , making its stake of worth around $4.44 million in the company or a holder of 2.59% of company’s stock.
