How to Buy Smartrent Stock
Smartrent Inc
Smartrent is a app company located in Arizona, United States, which is part of the Technology sector, and is traded under the ticker SMRT on the NYSE exchange.
Smartrent stock last closed at $2.36, up 1.72% from the previous day, and has increased 5.36% in one year. It has underperformed other stocks in the Software - Application industry by 0.23 percentage points. Smartrent stock is currently +5.12% from its 52-week low of $2.25, and -42.72% from its 52-week high of $4.12.
There are currently 203.87M shares of SMRT outstanding. The market cap of SMRT is $481.13M. In the past 24 hours, 450,212 SMRT shares were traded.
How to Buy Smartrent Stock
Not sure how to invest in Smartrent stock? Here's how.
- Figure out where to buy Smartrent stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Smartrent stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Choose your payment method and add your info.
- Analyze Smartrent stock: The Smartrent ticker symbol is SMRT. Is Smartrent stock a good investment? Should you buy shares of SMRT? How do SMRT's underlying business fundamentals look? Do top analysts think Smartrent is a good buy? Why has SMRT's stock price moved recently? (Hint: Our stock analysis website can help you figure out if SMRT is a good stock to buy).
- Place your SMRT trade: Decide if you will purchase SMRT shares at the current market price or use a limit order to buy SMRT stock at a particular price.
- Watch your investment in SMRT: Create a watchlist to important updates regarding your position in Smartrent shares.
Step 1: Figure out where to buy Smartrent stock
You will need a brokerage account in order to access the NYSE market and buy SMRT stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal information so you are able to invest in SMRT today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open your new trading account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on one of the most highly reviewed stock market apps, you need to deposit funds:
Watch the walkthrough below to see the process of transferring money into your brokerage account.
Step 4: Analyze Smartrent stock
Once you have decided on the best place to buy Smartrent stock, it's very important to evaluate their stock prior to investing, so you actually wrap your head around the risk as well as the opportunity.
Smartrent stock at a glance
Smartrent Due Diligence Checks
WallStreetZen was built to help average investors do better fundamental analysis.
You can view all of the due diligence checks on SMRT's stock page.
Is SMRT stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge SMRT's fair value.
Using relative valuations measures:
- SMRT may be undervalued based on its P/B ratio of 1.4x, relative to Software - Application industry P/B ratio of 6.53x
You can do more valuation research on SMRT's stock here.
SMRT Financial Health Summary
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the SMRT balance sheet.
- SMRT's operating cash flow of $5.98M allows it to safely service it's debt of $0.00.
- There are more short-term assets than short-term liabilities on the SMRT balance sheet.
- SMRT profit margin has gone up from -57.4% to -14.6% in the past year.
Failed Health Checks:
- SMRT earnings of -$43.28M is not sufficient to cover its interest payments.
- SMRT has a relatively high debt to equity ratio of 0.49.
Do Wall Street analysts think it's a good time to buy SMRT stock
Out of 2 Equities analysts who give ratings on SMRT, the consensus analyst rating on SMRT is a Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Smartrent stock forecast page.
SMRT Technical Indicators
SMRT Revenue
Last year, SMRT revenue was $236.84M. During the last four year, SMRT's revenue has increased by 59.9% per year. This was faster than the Software - Application industry average of 27.72%.
Dive into SMRT's earnings and revenue performance here.
Are SMRT insiders buying or selling the stock?
In the past year, insiders at SMRT have sold more shares than they have bought.
Isaiah Derosewilson, Chief Technology Officer of SMRT, was the latest SMRT insider to sell. They sold $238.96 worth of SMRT stock on Apr 24, 2024.
Learn more about who owns SMRT shares here.
Does SMRT stock generate passive income?
No, Smartrent doesn't provide an income stream by paying out dividends.
What others are saying about SMRT
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your SMRT trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount, place a limit order.
Press the Open button and your broker will place your order.
If you require additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Watch your investment in SMRT
Now that you own some shares in SMRT, you'll want to keep up with your shares.
Create a watchlist to get alerted to the latest events about your SMRT stock.
SMRT Feed
How to Buy Stock in Smartrent
To reiterate, here are the 6 steps you need to take to buy Smartrent stock right now:
- Figure out where to buy Smartrent stock
- Open a brokerage account
- Fund your brokerage account
- Analyze Smartrent stock
- Place your SMRT trade
- Watch your investment in SMRT
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to track your investment in Smartrent, create a watchlist today.
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