In last trading session, SmartRent Inc (NYSE:SMRT) saw 1.71 million shares changing hands with its beta currently measuring 1.79. Company’s recent per share price level of $0.95 trading at $0.03 or 3.61% at ring of the bell on the day assigns it a market valuation of $179.52M. That closing price of SMRT’s stock is at a discount of -169.47% from its 52-week high price of $2.56 and is indicating a premium of 29.47% 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 2.35 million shares which gives us an average trading volume of 2.09 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.
SmartRent Inc (NYSE:SMRT) trade information
Upright in the green during last session for gaining 3.61%, in the last five days SMRT remained trading in the green while hitting it’s week-highest on Thursday, 06/26/25 when the stock touched $0.95 price level, adding 2.29% to its value on the day. SmartRent Inc’s shares saw a change of -59.58% in year-to-date performance and have moved 4.26% in past 5-day. SmartRent Inc (NYSE:SMRT) showed a performance of 13.98% in past 30-days. Number of shares sold short was 8.11 million shares which calculate 4.4 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 76.25% 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 -110.53% in reaching the projected high whereas dropping to the targeted low would mean a loss of -110.53% for stock’s current value.
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 11.75% of company’s total shares while institution are holding 64.15 percent of that, with stock having share float percentage of 72.69%. Investors also watch the number of corporate investors in a company very closely, which is 64.15% 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.
