Colliers Securities Estimates SmartRent Q3 Earnings

SmartRent, Inc. (NYSE:SMRT) – Stock analysts at Colliers Securities issued their Q3 2025 EPS estimates for shares of SmartRent in a research note issued on Wednesday, August 13th. Colliers Securities analyst B. Oxford forecasts that the company will post earnings per share of ($0.04) for the quarter. The consensus estimate for SmartRent’s current full-year earnings is ($0.14) per share.

SmartRent (NYSE:SMRT) last issued its quarterly earnings results on Wednesday, August 6th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.02). The company had revenue of $38.31 million during the quarter, compared to analysts’ expectations of $38.85 million. SmartRent had a negative net margin of 46.54% and a negative return on equity of 14.94%.

SMRT has been the topic of a number of other reports. Keefe, Bruyette & Woods raised their price target on shares of SmartRent from $1.30 to $1.45 and gave the company a “market perform” rating in a research note on Tuesday. Zacks Research upgraded shares of SmartRent to a “hold” rating in a report on Friday, August 8th. Finally, Cantor Fitzgerald upgraded shares of SmartRent to a “hold” rating in a report on Tuesday, April 22nd.

SmartRent Trading Down 1.1%

Shares of SmartRent stock opened at $1.33 on Friday. The firm has a market capitalization of $249.19 million, a PE ratio of -3.49 and a beta of 1.82. SmartRent has a twelve month low of $0.67 and a twelve month high of $1.99. The firm’s 50-day moving average price is $1.04 and its 200 day moving average price is $1.07.

SmartRent declared that its Board of Directors has approved a stock buyback plan on Wednesday, May 7th that allows the company to repurchase $50.00 million in shares. This repurchase authorization allows the company to reacquire up to 27.7% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling

In other SmartRent news, CEO Frank Martell acquired 120,000 shares of the business’s stock in a transaction on Friday, August 15th. The stock was bought at an average price of $1.35 per share, for a total transaction of $162,000.00. Following the acquisition, the chief executive officer owned 748,204 shares in the company, valued at approximately $1,010,075.40. The trade was a 19.10% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. In the last three months, insiders have bought 500,000 shares of company stock valued at $653,600. 1.90% of the stock is currently owned by corporate insiders.

Institutional Trading of SmartRent

Hedge funds have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC increased its holdings in SmartRent by 101.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 34,597 shares of the company’s stock valued at $42,000 after purchasing an additional 17,444 shares during the last quarter. Millennium Management LLC increased its holdings in SmartRent by 82.4% in the 4th quarter. Millennium Management LLC now owns 908,769 shares of the company’s stock valued at $1,590,000 after purchasing an additional 410,666 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in SmartRent by 35.9% in the 4th quarter. JPMorgan Chase & Co. now owns 391,501 shares of the company’s stock valued at $685,000 after purchasing an additional 103,325 shares during the last quarter. D. E. Shaw & Co. Inc. acquired a new stake in SmartRent in the 4th quarter valued at approximately $434,000. Finally, Jane Street Group LLC increased its holdings in SmartRent by 30.7% in the 4th quarter. Jane Street Group LLC now owns 406,132 shares of the company’s stock valued at $711,000 after purchasing an additional 95,460 shares during the last quarter. Institutional investors and hedge funds own 59.42% of the company’s stock.

SmartRent Company Profile

SmartRent, Inc, an enterprise software company, provides an integrated smart home operating system to residential property owners and operators, homebuilders, institutional home buyers, developers, and residents in the United States. The company’s products and solutions include smart apartments and homes, access control for buildings, common areas, and rental units, asset protection and monitoring, parking management, self-guided tours, and community and resident Wi-Fi.