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SMID

SMID - Smith-Midland Corp. Stock Price, Fair Value and News

33.23USD+0.29 (+0.88%)Delayed

Market Summary

SMID
USD33.23+0.29
Delayed
0.88%

SMID Stock Price

View Fullscreen

SMID RSI Chart

SMID Valuation

Market Cap

176.0M

Price/Earnings (Trailing)

94.55

Price/Sales (Trailing)

2.77

EV/EBITDA

31.22

Price/Free Cashflow

61.35

SMID Price/Sales (Trailing)

SMID Profitability

Operating Margin

40.62%

EBT Margin

4.29%

Return on Equity

5.27%

Return on Assets

2.87%

Free Cashflow Yield

1.63%

SMID Fundamentals

SMID Revenue

Revenue (TTM)

63.5M

Rev. Growth (Yr)

30.48%

Rev. Growth (Qtr)

2.24%

SMID Earnings

Earnings (TTM)

1.9M

Earnings Growth (Yr)

1.3K%

Earnings Growth (Qtr)

397.61%

Breaking Down SMID Revenue

Last 7 days

-7.4%

Last 30 days

-11.2%

Last 90 days

-27.7%

Trailing 12 Months

69.1%

How does SMID drawdown profile look like?

SMID Financial Health

Current Ratio

2.05

SMID Investor Care

Shares Dilution (1Y)

0.77%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202463.5M000
202352.5M54.0M57.7M59.6M
202245.9M46.8M45.7M50.1M
202149.3M51.1M51.7M50.6M
202046.3M45.9M45.2M43.9M
201941.3M42.3M46.0M46.7M
201841.3M40.4M38.5M40.2M
201740.0M41.1M43.1M41.7M
201633.1M35.8M34.9M38.6M
201521.0M21.5M25.9M29.2M
201426.5M26.7M25.8M22.5M
201325.8M25.3M24.7M27.7M
201225.1M24.6M26.0M24.9M
2011031.4M29.9M26.7M
20100000
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Tracking the Latest Insider Buys and Sells of Smith-Midland Corp.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 14, 2024
gerhardt richard
sold
-48,691
36.5
-1,334
-
May 30, 2024
smith matthew i
acquired
-
-
6,485
-
May 30, 2024
smith matthew i
sold (taxes)
-80,067
37.12
-2,157
-
May 30, 2024
smith ashley b
acquired
-
-
15,077
chief executive officer
May 30, 2024
smith ashley b
sold (taxes)
-186,194
37.12
-5,016
chief executive officer
Dec 14, 2023
bruner james russell
acquired
-
-
423
-
Dec 14, 2023
gerhardt richard
acquired
-
-
423
-
Dec 14, 2023
taylor wesley a
acquired
-
-
423
-
Dec 14, 2023
smith rodney i
gifted
-
-
-40,000
-
Jun 08, 2023
taylor wesley a
sold
-64,997
17.567
-3,700
-

1–10 of 50

Which funds bought or sold SMID recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
JANE STREET GROUP, LLC
added
108
731,631
1,225,140
-%
May 15, 2024
STATE STREET CORP
added
22.62
248,166
789,593
-%
May 15, 2024
MILLENNIUM MANAGEMENT LLC
added
279
2,165,660
2,782,770
-%
May 15, 2024
MORGAN STANLEY
added
7.4
56,284
259,236
-%
May 15, 2024
MARSHALL WACE, LLP
new
-
357,565
357,565
-%
May 15, 2024
BARCLAYS PLC
sold off
-100
-152,000
-
-%
May 15, 2024
683 Capital Management, LLC
sold off
-100
-267,692
-
-%
May 15, 2024
NEEDHAM INVESTMENT MANAGEMENT LLC
added
1.39
1,463,850
8,573,850
0.80%
May 15, 2024
RBF Capital, LLC
unchanged
-
573,334
3,600,970
0.20%
May 15, 2024
Kestra Advisory Services, LLC
unchanged
-
52,106
327,263
-%

1–10 of 50

Are Funds Buying or Selling SMID?

Are funds buying SMID calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SMID
No. of Funds

Unveiling Smith-Midland Corp.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jun 13, 2024
thompson davis & co., inc.
30.48%
1,631,610
SC 13D/A
Mar 07, 2024
thompson davis & co., inc.
537%
1,527,191
SC 13D/A
Feb 05, 2024
thompson davis & co., inc.
27.37%
1,465,256
SC 13D/A
Jan 23, 2024
smith rodney i
10.5%
549,499
SC 13G
Jan 03, 2024
thompson davis & co., inc.
25.3%
1,356,453
SC 13D/A
Dec 05, 2023
thompson davis & co., inc.
24.29%
1,300,088
SC 13D/A
Oct 03, 2023
thompson davis & co., inc.
22.92%
1,226,980
SC 13D/A
Aug 08, 2023
thompson davis & co., inc.
21.52%
1,151,740
SC 13D/A
May 16, 2023
thompson davis & co., inc.
20.03%
1,072,191
SC 13D/A
Feb 13, 2023
smith rodney i
11.3%
589,499
SC 13G

Recent SEC filings of Smith-Midland Corp.

View All Filings
Date Filed Form Type Document
Jun 18, 2024
4
Insider Trading
Jun 13, 2024
SC 13D/A
13D - Major Acquisition
Jun 12, 2024
8-K
Current Report
Jun 11, 2024
10-Q
Quarterly Report
Jun 03, 2024
4
Insider Trading
Jun 03, 2024
4
Insider Trading
May 29, 2024
8-K
Current Report
May 23, 2024
8-K
Current Report
May 23, 2024
10-K
Annual Report
May 15, 2024
NT 10-Q
NT 10-Q

Peers (Alternatives to Smith-Midland Corp.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
33.6B
6.7B
-5.05% 23.93%
16.03
5.03
6.21% 116.55%
32.8B
7.7B
-5.01% 16.09%
35.81
4.27
3.44% 51.40%
MID-CAP
7.3B
2.3B
-9.35% 24.45%
15.37
3.25
5.18% 3.49%
4.8B
6.9B
-10.55% 51.69%
9.84
0.7
-8.76% -24.66%
2.0B
823.3M
-22.42% -11.82%
12.2
2.44
4.92% -10.23%
SMALL-CAP
2.0B
286.2M
-1.23% 85.54%
25.31
7.06
13.58% 48.30%
176.0M
63.5M
-11.22% 69.11%
94.55
2.77
20.85% 86.34%

Smith-Midland Corp. News

Latest updates
Yahoo Finance21 hours ago
InvestorPlace11 Jun 202407:00 am

Smith-Midland Corp. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue2.2%16,75616,38915,65114,69812,84214,48711,95613,25310,43510,01713,10012,30715,21811,07312,51510,4509,82512,44213,20910,85210,189
Cost Of Revenue--------10,0238,787-9,8988,9939,496-8,6748,073-----
Gross Profit25.2%3,9113,1233,5771,7862,1662,5092,0823,2301,6482,1833,2023,3145,7223,2243,8412,3771,6002,9982,5932,1562,222
Operating Expenses-6.9%2,4022,5812,0752,7672,1122,5822,0782,1341,8212,3621,9342,0361,9202,0461,7921,8041,6422,0251,8401,7831,775
  S&GA Expenses-15.6%8531,011888883762828849725662826719696595609521574591612717640567
EBITDA Margin27.9%0.09*0.07*0.06*0.04*0.08*0.08*0.09*0.17*0.18*0.24*0.26*0.22*---------
Interest Expenses-4.8%60.0063.0064.0064.0064.0073.0069.0071.0048.0045.0047.0056.0042.0051.0053.0057.0056.0052.0043.0040.0044.00
Income Taxes-3.0%357368247-11023.00-110-12.00307-40.00284442328-833469130-11.0018517986.0099.00
Earnings Before Taxes151.3%1,5045991,513-892103-106-7.001,217-159-1634,1361,3133,8081,2522,018571-49.00932758374430
EBT Margin93.2%0.04*0.02*0.01*-0.02*0.02*0.02*0.02*0.11*0.11*0.18*0.20*0.16*---------
Net Income397.6%1,1472311,266-78280.004.005.00910-11924.003,6949852,8677131,549441-38.00742579288340
Net Income Margin119.9%0.03*0.01*0.01*-0.01*0.02*0.02*0.02*0.10*0.10*0.15*0.16*0.12*---------
Free Cashflow-175.9%-2,5723,3901,224827-2,719-2,011-2,425-3,258-1,389-2,5931,576850---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets5.7%65.0061.0058.0056.0056.0054.0054.0055.0057.0053.0055.0053.0051.0046.0046.0044.0040.0042.0040.0039.0039.00
  Current Assets7.1%36.0033.0030.0028.0031.0029.0029.0030.0032.0028.0033.0030.0028.0023.0022.0020.0017.0019.0018.0018.0018.00
    Cash Equivalents-25.9%7.009.006.005.004.007.0011.0012.0015.0013.0015.0013.0013.009.007.004.002.001.001.002.003.00
  Net PPE4.1%29.0028.0027.0027.0026.0025.0024.0023.0022.0022.0018.0019.0019.0019.0019.0019.0018.0018.0017.0016.0015.00
Liabilities8.7%30.0027.0024.0023.0023.0021.0021.0022.0025.0022.0024.0025.0025.0023.0023.0023.0020.0021.0020.0020.0020.00
  Current Liabilities8.5%17.0016.0013.0013.0013.0011.0011.0011.0015.0014.0013.0014.0012.009.009.0010.008.0010.0010.009.009.00
Shareholder's Equity3.4%35.0034.0034.0032.0033.0033.0033.0033.0032.0032.0031.0028.0027.0024.0023.0021.0021.0021.0020.0020.0019.00
  Retained Earnings4.3%28.0026.0026.0025.0026.0026.0026.0026.0025.0025.0025.0021.0020.0017.0017.0015.0015.0015.0014.0014.0013.00
  Additional Paid-In Capital0.1%8.008.008.008.008.007.007.007.007.007.007.007.006.006.006.006.006.006.006.006.006.00
Shares Outstanding0%5.005.005.005.005.005.005.005.005.005.005.005.00---------
Float----73.00---48.00---87.00---30.00---31.00-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-118.2%-7774,2692,3812,637-1,555-3,001-648-1,492-1,1931,5641,8601,4004,3021,5093,3961,3261,256942854-3232,459
  Share Based Compensation-95.6%5.0011490.0086.0085.0012712612612627386.0013141.00163---47.0069.0070.0084.00
Cashflow From Investing-83.4%-1,440-785-1,104-1,693-1,082-904-818-752-157-2,89087.00-514-337-42.00-109-1,634-636-1,112-1,263-953-1,413
Cashflow From Financing0.6%-157-158-155-153-153-177-151-1492,676-177-146-226-195-152-2422,514214515-213-11641.00
  Dividend Payments-----------------282---281
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SMID Income Statement

2024-03-31
Condensed Consolidated Statements of Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue  
Product sales$ 10,752$ 8,242
Barrier rentals8931,120
Royalty income575411
Shipping and installation revenue4,5363,069
Total revenue16,75612,842
Cost of sales12,84510,676
Gross profit3,9112,166
Operating expenses  
General and administrative expenses1,5491,350
Selling expenses853762
Total operating expenses2,4022,112
Operating income (loss)1,50954
Other income (expense)  
Interest expense(60)(64)
Interest income86
Gain on sale of assets382
Other income4425
Total other income (expense)(5)49
Income (loss) before income tax expense (benefit)1,504103
Income tax expense (benefit)35723
Net income (loss)$ 1,147$ 80
Basic earnings (loss) per common share$ 0.22$ 0.02
Diluted earnings (loss) per common share$ 0.21$ 0.02
Weighted average number of common shares outstanding:  
Basic5,3095,256
Diluted5,3505,290

SMID Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets  
Cash$ 6,801$ 9,175
Accounts receivable, net  
Trade - billed (less allowances of approximately $953 and $806, respectively), including contract retentions20,05517,209
Trade - unbilled637525
Inventories, net  
Raw materials2,9392,329
Finished goods4,0122,821
Prepaid expenses1,2461,266
Total current assets35,69033,325
Property and equipment, net28,82627,680
Other assets337343
Total assets64,85361,348
Current liabilities  
Accounts payable - trade6,9447,336
Accrued expenses and other liabilities1,900831
Deferred revenue3,2172,717
Accrued compensation8711,203
Accrued income taxes831473
Operating lease liabilities3443
Current maturities of notes payable640636
Customer deposits2,9502,779
Total current liabilities17,38716,018
Deferred revenue5,5724,424
Operating lease liabilities02
Notes payable - less current maturities4,9315,092
Deferred tax liability1,6501,651
Total liabilities29,54027,187
Stockholders' equity  
Preferred stock, $.01 par value; authorized 1,000,000 shares, none issued and outstanding00
Common stock, $.01 par value; authorized 8,000,000 shares; 5,349,599 and 5,349,599 issued and 5,308,679 and 5,308,679 outstanding, respectively5454
Additional paid-in capital7,8197,814
Treasury stock, at cost, 40,920 shares(102)(102)
Retained earnings27,54226,395
Total stockholders' equity35,31334,161
Total liabilities and stockholders' equity$ 64,853$ 61,348
SMID
Smith-Midland Corporation, through its subsidiaries, invents, develops, manufactures, markets, leases, licenses, sells, and installs precast concrete products and systems primarily for use in the construction, highway, utilities, and farming industries. It offers SlenderWall, a patented, lightweight, energy efficient concrete and steel exterior wall panel for use in building construction; Sierra Wall that provides sound and sight barrier for use alongside highways around residential, industrial, and commercial properties; J-J Hooks highway safety barriers for use on roadways to separate lanes of traffic in construction work zone or traffic control purposes; and Easi-Set precast building and Easi-Span expandable precast buildings for use in housing communications operations, traffic control systems, and mechanical and electrical stations. The company also provides Easi-Set utility vaults for house equipment, such as cable, telephone, or traffic signal equipment, and for underground storage, as well as custom-built utility vaults for special needs; SoftSound soundwall panels to absorb highway noise; Beach Prisms, an erosion control module for seawalls and jetties; and H2Out secondary drainage systems for panelized exterior cladding. In addition, it licenses its proprietary products in the United States, Canada, Australia, Belgium, Mexico, New Zealand, and Trinidad. The company markets its products through in-house sales force and independent sales representatives to contractors performing public and private construction contracts, such as construction of commercial buildings, public and private roads and highways, airports, and municipal utilities; and federal, state, and local transportation authorities. Smith-Midland Corporation was founded in 1960 and is based in Midland, Virginia.
 CEO
 WEBSITEhttps://smithmidland.com
 INDUSTRYBuilding Materials
 EMPLOYEES178

Smith-Midland Corp. Frequently Asked Questions


What is the ticker symbol for Smith-Midland Corp.? What does SMID stand for in stocks?

SMID is the stock ticker symbol of Smith-Midland Corp.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Smith-Midland Corp. (SMID)?

As of Fri Jun 21 2024, market cap of Smith-Midland Corp. is 176.01 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SMID stock?

You can check SMID's fair value in chart for subscribers.

What is the fair value of SMID stock?

You can check SMID's fair value in chart for subscribers. The fair value of Smith-Midland Corp. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Smith-Midland Corp. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SMID so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Smith-Midland Corp. a good stock to buy?

The fair value guage provides a quick view whether SMID is over valued or under valued. Whether Smith-Midland Corp. is cheap or expensive depends on the assumptions which impact Smith-Midland Corp.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SMID.

What is Smith-Midland Corp.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jun 21 2024, SMID's PE ratio (Price to Earnings) is 94.55 and Price to Sales (PS) ratio is 2.77. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SMID PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Smith-Midland Corp.'s stock?

In the past 10 years, Smith-Midland Corp. has provided 0.328 (multiply by 100 for percentage) rate of return.