SmartRent (SMRT) to Announce Earnings on Wednesday

SmartRent (NYSE:SMRT) is expected to be announcing its Q2 2026 results before the market opens on Wednesday, August 5th. Analysts expect the company to announce earnings of ($0.02) per share and revenue of $39.6220 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 11:30 AM ET.

SmartRent (NYSE:SMRT) last announced its earnings results on Wednesday, May 6th. The company reported ($0.02) EPS for the quarter, hitting the consensus estimate of ($0.02). The firm had revenue of $36.63 million for the quarter, compared to the consensus estimate of $36.82 million. SmartRent had a negative net margin of 16.58% and a negative return on equity of 10.61%. On average, analysts expect SmartRent to post $-0 EPS for the current fiscal year and $-0 EPS for the next fiscal year.

SmartRent Price Performance

SmartRent stock opened at $1.00 on Monday. The firm has a market cap of $193.80 million, a price-to-earnings ratio of -7.73 and a beta of 1.52. SmartRent has a fifty-two week low of $0.90 and a fifty-two week high of $2.20. The firm has a fifty day moving average price of $1.10 and a two-hundred day moving average price of $1.39.

Analysts Set New Price Targets

A number of equities analysts have recently commented on SMRT shares. Weiss Ratings upgraded SmartRent from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, July 21st. Keefe, Bruyette & Woods decreased their target price on SmartRent from $1.40 to $1.20 and set a “market perform” rating for the company in a research note on Monday, July 13th. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $1.20.

Insider Buying and Selling at SmartRent

In related news, Director Thomas N. Bohjalian acquired 75,000 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were bought at an average price of $1.11 per share, for a total transaction of $83,250.00. Following the acquisition, the director owned 721,062 shares in the company, valued at $800,378.82. This trade represents a 11.61% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Frank Martell acquired 100,000 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were bought at an average price of $1.18 per share, for a total transaction of $118,000.00. Following the acquisition, the chief executive officer owned 3,165,266 shares in the company, valued at approximately $3,735,013.88. This trade represents a 3.26% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have purchased 295,260 shares of company stock valued at $339,044. Corporate insiders own 2.30% of the company’s stock.

Institutional Investors Weigh In On SmartRent

A number of institutional investors have recently added to or reduced their stakes in the company. Kanen Wealth Management LLC acquired a new position in SmartRent in the 3rd quarter valued at approximately $26,000. Neuberger Berman Group LLC acquired a new stake in shares of SmartRent during the 4th quarter worth approximately $30,000. Jump Financial LLC bought a new stake in shares of SmartRent during the second quarter valued at approximately $42,000. Qube Research & Technologies Ltd bought a new stake in shares of SmartRent during the second quarter valued at approximately $43,000. Finally, Franklin Resources Inc. bought a new stake in shares of SmartRent during the third quarter valued at approximately $43,000. 59.42% of the stock is owned by institutional investors and hedge funds.

About SmartRent

SmartRent Inc is a technology company that develops smart home and smart building automation solutions for the residential rental housing industry. Its integrated hardware and software platform enables property managers and owners to remotely monitor, manage and control access, energy use and overall resident experience. The company’s product portfolio includes smart locks, thermostats, leak and flood sensors, door and window sensors, security cameras, and a centralized management dashboard that interfaces with leading property management systems.

SmartRent’s platform is designed to streamline operations for multifamily communities and single-family rental portfolios by automating routine tasks such as digital resident self-showings, remote lease turnovers, package management and preventative maintenance alerts.