SmartRent Inc (NYSE:SMRT) price on current trading day, rose 11.65% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.15.
A look at the stock’s price movement, the close in the last trading session was $1.03, moving within a range at $1.0 and $1.195. The beta value (5-Year monthly) was 1.834. Turning to its 52-week performance, $2.98 and $0.93 were the 52-week high and 52-week low respectively. Overall, SMRT moved 2.68% over the past month.
SmartRent Inc’s market cap currently stands at around $221.41 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-04.
Analysts have a consensus estimate of 40.1M for the company’s revenue for the quarter, with a low and high estimate of 36.7M and 43.51M respectively. The average forecast suggests down to a -20.57% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 164.41M, representing a -5.99% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SMRT is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend SMRT as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
SMRT’s current price about 1.01% and -10.03% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 48.05, while 7-day volatility ratio is 12.44% and 7.74% in the 30-day chart. Further, SmartRent Inc (SMRT) has a beta value of 1.73, and an average true range (ATR) of 0.10. Analysts have given the company’s stock an average 52-week price target of $4, forecast between a low of $2 and high of $6. Looking at the price targets, the low is -73.91% off current price level while to achieve the yearly target high, price needs to move -421.74%. Nonetheless, investors will most likely welcome a -247.83% jump to $4 which is the analysts’ median price.
If we refocus on SmartRent Inc (NYSE:SMRT), historical trading data shows that trading volumes averaged 1.4 over the past 10 days and 1.55 million over the past 3 months. The company’s latest data on shares outstanding shows there are 192.05 million shares.
The 9.01% of SmartRent Inc’s shares are in the hands of company insiders while institutional holders own 57.41% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 5.09 million on 2025-03-14, giving us a short ratio of 1.98. The data shows that as of 2025-03-14 short interest in SmartRent Inc (SMRT) stood at 267.00001000000003 of shares outstanding, with shares short falling to 5.65 million registered in 2025-02-14. Current price change has pushed the stock -34.29% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SMRT stock continues to rise going into the next quarter.
