SMID icon

Smith-Midland

41.27 USD
+0.13
0.32%
At close Aug 25, 4:00 PM EDT
1 day
0.32%
5 days
-3.51%
1 month
11.87%
3 months
37.70%
6 months
19.76%
Year to date
-6.25%
1 year
16.48%
5 years
410.77%
10 years
410.77%
 

About: Smith-Midland Corp through its subsidiaries invents, develops, manufactures, markets, sells, and installs precast concrete products for primary use in the construction, highway, utilities, and farming industries. The firm's customers are general contractors and federal, state, and local transportation authorities. Its products include Slenderwall, JJhooks, Softsound, Sierra Wall and Easi set. A substantial portion of the company's business is derived from local, state, and federal building projects. The company generates revenues predominantly from the sale, leasing, licensing, shipping, and installation of precast concrete products for the construction, utility, and farming industries.

Employees: 264

0
Funds holding %
of 7,428 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

3% more capital invested

Capital invested by funds: $99.4M [Q1] → $103M (+$3.17M) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

2.64% less ownership

Funds ownership: 60.26% [Q1] → 57.62% (-2.64%) [Q2]

4% less funds holding

Funds holding: 56 [Q1] → 54 (-2) [Q2]

25% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 8

63% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 24

Research analyst outlook

We haven’t received any recent analyst ratings for SMID.

Financial journalist opinion

Based on 4 articles about SMID published over the past 30 days

Positive
Seeking Alpha
18 hours ago
Smith-Midland Rental Business Is Impressive, And Price Is Fair Even If Not Opportunistic
Smith-Midland's strong 2Q25 results were driven by high-margin highway barrier rentals, with impressive OpEx leverage and expanding gross margins. Revenue growth is almost entirely from barrier rentals, but future durability depends on continued government infrastructure spending and potential competition. Management expects 2H25 to be weaker due to non-recurring projects, though the company is expanding barrier inventory for future growth.
Smith-Midland Rental Business Is Impressive, And Price Is Fair Even If Not Opportunistic
Neutral
Accesswire
5 days ago
Smith-Midland to Present, Host at Midwest IDEAS Investor Conference
MIDLAND, VA / ACCESS Newswire / August 20, 2025 / Smith-Midland Corporation (NASDAQ:SMID) a provider of innovative, high-quality proprietary and patented precast concrete products and systems, today announced that management will attend and host investor meetings at the Midwest IDEAS Investor Conference on Wednesday August 27, 2025, at The InterContinental in Chicago, IL. Smith-Midland's presentation is scheduled to begin at 11:30am CT.
Smith-Midland to Present, Host at Midwest IDEAS Investor Conference
Positive
Zacks Investment Research
6 days ago
Smith-Midland Q2 Earnings Double Y/Y on Record Revenues, Stock Rises
SMID posts record Q2 revenues, doubles profit, and outpaces the S&P 500 with strong barrier rentals, soundwall sales and growing backlog.
Smith-Midland Q2 Earnings Double Y/Y on Record Revenues, Stock Rises
Neutral
Accesswire
1 week ago
Smith-Midland Reports Second Quarter 2025 Financial Results
Record Quarterly Revenue and Doubling of Net Income From Prior Year MIDLAND, VA / ACCESS Newswire / August 14, 2025 / Smith-Midland Corporation (NASDAQ:SMID), a provider of innovative, high-quality proprietary and patented precast concrete products and systems, today announced its second quarter results for the period ended June 30, 2025. Second Quarter 2025 Summary (compared to prior-year quarter) Revenue increased 33 percent to $26.2 million Gross margin increased 360 basis points to 29.7% Operating income of $5.5 million compared to $2.7 million Net income of $4.2 million, or $0.79 per diluted share, compared to $2.0 million and $0.37 Continued listing in Russell 2000 and 3000 Indexes.
Smith-Midland Reports Second Quarter 2025 Financial Results
Positive
Zacks Investment Research
1 month ago
Smith-Midland Q1 Earnings Soar Y/Y on Strong Barrier Rental Demand
SMID posts strong Q1 results with net income nearly tripling and shares rising 27% in a month, driven by booming barrier rentals and service revenues.
Smith-Midland Q1 Earnings Soar Y/Y on Strong Barrier Rental Demand
Neutral
Accesswire
1 month ago
Smith-Midland Reports First Quarter 2025 Financial Results
Company Reports Strong Revenue Growth and Tripling of Net Income From Prior Year MIDLAND, VA / ACCESS Newswire / July 10, 2025 / Smith-Midland Corporation (NASDAQ:SMID), a provider of innovative, high-quality proprietary and patented precast concrete products and systems, today announced its first quarter results for the period ended March 31, 2025. First Quarter 2025 Summary (compared to prior-year first quarter) Revenue increased 35 percent to $22.7 million Gross margin increased 740 basis points to 30.7% Operating income of $4.4 million compared to $1.5 million Net income of $3.3 million, or $0.62 per diluted share, compared to $1.1 million and $0.21 "We are off to a very strong start in 2025, reporting a 35% revenue increase and a near tripling of net income on a year-over-year basis.
Smith-Midland Reports First Quarter 2025 Financial Results
Positive
ETF Trends
1 month ago
Allspring Launches Trio of Actively Managed ETFs
On Tuesday, Allspring Global Investments expanded its ETF collection with the launch of three new funds. Each of these funds are actively managed.
Allspring Launches Trio of Actively Managed ETFs
Neutral
Accesswire
2 months ago
Smith-Midland Announces Receipt of Nasdaq Letter
MIDLAND, VA / ACCESS Newswire / June 4, 2025 / Smith-Midland Corporation (NASDAQ:SMID) (the "Company"), a provider of innovative, high-quality proprietary and patented precast concrete products and systems, today announced it received a letter from Nasdaq, dated May 29, 2025, indicating that the Company has regained compliance as it relates to its Annual Report on Form 10-K ("10-K") for the year ended December 31, 2024. The Company's 10-K was filed on May 27, 2025.
Smith-Midland Announces Receipt of Nasdaq Letter
Neutral
Zacks Investment Research
2 months ago
Smith-Midland Posts Y/Y Earnings Rise in 2024 on Strong Product Demand
SMID reports record 2024 results, with revenues rising 32% y/y, driven by strong product demand and a strategic shift toward higher-margin barrier rentals.
Smith-Midland Posts Y/Y Earnings Rise in 2024 on Strong Product Demand
Neutral
Accesswire
2 months ago
Smith-Midland Reports Fourth Quarter and Year End 2024 Financial Results
Highest Annual Revenue and Net Income in Company History MIDLAND, VA / ACCESS Newswire / May 27, 2025 / Smith-Midland Corporation (NASDAQ:SMID), a provider of innovative, high-quality proprietary and patented precast concrete products and systems, today announced its fourth quarter and year-end results for the period ended December 31, 2024. Fourth Quarter 2024 Summary (compared to prior-year fourth quarter) Revenue increased 13 percent to $18.5 million Product sales increased 23 percent to $11.0 million Operating income of $1.9 million compared to $542,000 Net income of $1.4 million, or $0.26 per diluted share, compared to $230,000 and $0.04 Full Year 2024 Summary Revenue increased 32 percent to $78.5 million Gross margin increased by 760 basis points to 25.5 percent Net income of $7.7 million, or $1.45 per diluted share compared to $795,000 and $0.15 "2024 was another record year for Smith-Midland, including our highest annual revenue and net income and the past three quarters represent the highest revenue quarters in company history," said Ashley Smith, Chairman and Chief Executive Officer of Smith-Midland.
Smith-Midland Reports Fourth Quarter and Year End 2024 Financial Results
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