In the last trading session, 3.14 million SmartRent Inc (NYSE:SMRT) shares changed hands as the company’s beta touched 1.72. With the company’s per share price at $0.86 changed hands at $0.11 or 14.78% during last session, the market valuation stood at $162.21M. SMRT’s last price was a discount, traded about -226.74% off its 52-week high of $2.81. The share price had its 52-week low at $0.67, which suggests the last value was 22.09% up since then.
Analysts gave the SmartRent Inc (SMRT) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.33. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended SMRT as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight.
SmartRent Inc (NYSE:SMRT) trade information
Instantly SMRT was in green as seen at the end of in last trading. With action 1.41%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -50.74%, with the 5-day performance at 1.41% in the green. However, in the 30-day time frame, SmartRent Inc (NYSE:SMRT) is 18.78% up.
The consensus price target for the stock as assigned by Wall Street analysts is 4, meaning bulls need an upside of 78.5% from its current market value. According to analyst projections, SMRT’s forecast low is 2 with 6 as the target high. To hit the forecast high, the stock’s price needs a -597.67% plunge from its current level, while the stock would need to soar -132.56% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 53.38%. The 2025 estimates are for SmartRent Inc earnings to decrease by -100.00%.
SMRT Dividends
SmartRent Inc is expected to release its next quarterly earnings report in June.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.5907% or 15.33 million shares worth $36.64 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . With 5.43 shares estimated at $4.68 million under it, the former controlled 2.89% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.65% of the shares, roughly 4.99 shares worth around $4.3 million.
