Smith-Midland Corp

Smith-Midland Corp

SMID · NASDAQ · Basic Materials / Building Materials

20.55USD+0.15 (+0.74%)

Price History

Full chart

Market Stats

Previous Close20.40
Open21.05
Day Range20.50 – 21.23
52-Week Range23.51 – 42.15
Volume9.40K
Market Cap127.89M
P/E (TTM)16.51
Forward P/E17.01
EPS1.46
Dividend Yield0.00%
Beta1.74
50-Day Avg26.77
200-Day Avg31.28

About

Smith-Midland Corporation invents, develops, manufactures, markets, leases, licenses, sells, and installs various precast concrete products and systems. The company offers SlenderWall lightweight construction panel, a lightweight exterior cladding used for the exterior walls of buildings; Sierra Wall that provides sound and sight barrier for use alongside highways around residential, industrial, and commercial properties; J-J Hooks highway safety barriers, which are used 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. It also provides Easi-Set utility vaults used to house equipment, such as cable, telephone, or traffic signal equipment, and for underground storage, as well as manufactures custom-built utility vaults for special needs; SoftSound soundwall panels that absorbs highway noise; Beach Prisms erosion control modules for seawalls and jetties; and H2Out secondary drainage and street level leak detection product for panelized exterior cladding. The company licenses its proprietary products in the United States, Canada, New Zealand, Australia, Belgium, Mexico, and Trinidad. It markets its products through in-house sales force and independent sales representatives; 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. The company serves construction, highway, utilities, and farming industries. Smith-Midland Corporation was founded in 1960 and is based in Midland, Virginia.

Company Details

  • SectorBasic Materials
  • IndustryBuilding Materials
  • CEOMr. Ashley B. Smith
  • Employees179
  • Headquarters5119 Catlett Road, Midland, VA, United States, 22728, USA
  • Websitehttps://smithmidland.com

Leadership

  • Mr. Ashley B. SmithChairman of the Board of Directors, President & CEO · b. 1963
  • Mr. Dominic L. HunterCFO, Secretary & Treasurer · b. 1963
  • Mr. Matthew I. SmithVP of Sales & Marketing, President of Concrete Safety Systems and Director · b. 1967
  • Mr. Edward G. BroennimanAdvisor · b. 1936

Financials

Income Statement

Currency: USD1994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue12.20M11.20M11.41M12.00M14.43M14.43M16.01M26.01M22.60M18.16M22.12M23.79M29.36M31.52M29.86M29.52M31.71M26.70M24.89M27.71M22.47M29.20M40.05M41.72M40.22M46.69M43.86M50.64M50.13M59.58M78.51M93.45M
Growth (%)--8.20%+1.88%+5.21%+20.24%-0.01%+10.92%+62.46%-13.09%-19.65%+21.75%+7.58%+23.42%+7.35%-5.28%-1.14%+7.44%-15.81%-6.75%+11.32%-18.91%+29.97%+37.14%+4.16%-3.59%+16.09%-6.06%+15.46%-1.01%+18.85%+31.77%+19.03%
Cost of Revenue9.40M8.10M8.53M9.09M12.02M11.19M11.66M20.47M16.93M15.50M17.14M17.57M24.75M23.86M23.18M20.88M22.68M22.09M19.45M21.14M18.63M22.09M29.70M30.14M29.73M36.72M32.82M36.22M40.66M48.93M58.50M67.41M
Gross Profit2.80M3.10M2.89M2.91M2.42M3.25M4.34M5.54M5.67M2.67M4.97M6.22M4.61M7.66M6.68M8.64M9.03M4.60M5.45M6.57M3.85M7.11M10.35M11.58M10.49M9.97M11.04M14.42M9.47M10.65M20.01M26.04M
Gross Margin22.95%27.68%25.29%24.27%16.75%22.50%27.13%21.31%25.10%14.68%22.49%26.16%15.71%24.30%22.37%29.27%28.47%17.24%21.88%23.72%17.11%24.35%25.84%27.76%26.08%21.35%25.17%28.47%18.89%17.88%25.49%27.86%
Operating Expense2.40M3.60M3.03M2.60M2.92M2.97M3.87M3.06M4.11M4.88M4.31M4.25M5.49M5.11M5.72M5.51M5.16M4.97M4.76M5.29M5.04M5.44M6.01M7.87M8.27M7.42M7.28M8.25M8.62M9.53M10.11M9.04M
Operating Income400.00K-500.00K-142.91K317.90K-497.39K276.49K474.12K2.49M1.56M-2.21M667.23K1.98M-878.45K2.55M960.57K3.12M3.86M-364.84K687.76K1.28M-1.19M1.67M4.34M3.71M2.22M2.55M3.76M6.17M854.00K1.12M9.90M16.99M
Operating Margin3.28%-4.46%-1.25%2.65%-3.45%1.92%2.96%9.56%6.91%-12.16%3.02%8.31%-2.99%8.09%3.22%10.59%12.19%-1.37%2.76%4.62%-5.32%5.71%10.83%8.91%5.51%5.45%8.57%12.18%1.70%1.88%12.61%18.19%
EBITDA500.00K400.00K300.00K691.94K-178.21K276.49K1.31M2.00M1.74M-1.75M1.15M2.48M-277.81K3.29M1.67M3.91M4.69M361.22K1.37M1.85M-549.96K2.24M5.16M4.64M3.46M4.47M6.17M11.96M4.10M3.96M12.71M20.14M
EBITDA Margin4.10%3.57%2.63%5.76%-1.23%1.92%8.16%7.70%7.70%-9.61%5.21%10.43%-0.95%10.45%5.61%13.24%14.78%1.35%5.49%6.69%-2.45%7.69%12.88%11.12%8.61%9.57%14.07%23.61%8.17%6.64%16.19%21.55%
Net Income200.00K-1.50M-298.46K263.80K-783.88K42.27K593.37K1.99M600.51K-1.90M492.45K1.35M-815.81K1.25M420.99K1.81M2.41M-351.68K376.69K691.50K-804.84K1.04M2.84M2.68M1.69M1.95M2.67M7.57M800.00K795.00K7.67M12.51M
Net Income Margin1.64%-13.39%-2.62%2.20%-5.43%0.29%3.71%7.67%2.66%-10.47%2.23%5.68%-2.78%3.97%1.41%6.13%7.60%-1.32%1.51%2.50%-3.58%3.58%7.08%6.43%4.19%4.17%6.08%14.95%1.60%1.33%9.78%13.38%
Interest Expense400.00K600.00K0000554.64K459.25K301.89K289.17K312.89K347.50K396.51K430.05K343.11K212.19K155.75K136.07K134.83K132.03K116.23K103.09K162.53K184.00K176.00K179.00K217.00K190.00K260.00K255.00K231.00K225.00K
Interest Expense % of Total Revenue3.28%5.36%0.00%0.00%0.00%0.00%3.46%1.77%1.34%1.59%1.41%1.46%1.35%1.36%1.15%0.72%0.49%0.51%0.54%0.48%0.52%0.35%0.41%0.44%0.44%0.38%0.49%0.38%0.52%0.43%0.29%0.24%

Balance Sheet

Currency: USD1994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets6.20M7.20M7.19M7.89M9.57M9.17M11.04M13.64M13.50M12.74M11.23M12.61M14.65M14.44M15.55M15.35M18.12M17.53M16.82M18.66M16.30M18.85M24.05M29.23M41.37M44.60M46.50M53.27M54.31M61.35M67.99M87.73M
Total Liabilities5.80M5.40M5.41M5.84M8.30M7.86M9.14M9.70M8.26M9.39M7.39M7.27M10.05M8.44M8.98M6.87M7.16M6.80M5.95M7.24M5.82M7.46M9.81M12.02M22.52M23.78M22.85M21.52M21.26M27.19M26.25M33.42M
Total Equity400.00K1.80M1.79M2.05M1.27M1.31M1.91M3.94M5.24M3.35M3.84M5.33M4.61M6.00M6.57M8.49M10.96M10.73M10.87M11.42M10.47M11.39M14.24M17.20M18.85M20.82M23.65M31.75M33.05M34.16M41.74M54.30M
Cash100.00K900.00K438.08K288.31K207.66K374.19K218.26K942.13K1.22M699.64K499.74K1.00M482.69K282.44K1.36M2.93M2.57M2.13M4.37M3.14M3.57M1.74M3.52M3.39M1.95M1.36M8.76M13.49M6.73M9.18M7.55M11.88M
Total Debt3.20M3.10M3.25M3.07M4.70M4.68M4.89M4.67M4.27M5.23M4.42M4.24M4.60M4.60M4.59M3.56M3.23M3.40M2.99M2.91M2.59M2.51M3.93M3.53M4.50M5.39M7.92M4.35M6.47M5.77M5.21M4.54M
Net Debt3.10M2.20M2.81M2.79M4.49M4.30M4.67M3.73M3.05M4.53M3.92M3.24M4.11M4.31M3.23M628.51K652.60K1.27M-1.38M-227.05K-978.22K776.77K410.41K143.00K2.56M4.02M-840.00K-9.14M-256.00K-3.40M-2.34M-7.35M

Cash Flow

Currency: USD1994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow100.00K-1.50M-428.88K526.00K-284.76K354.81K53.37K1.16M644.80K-899.30K734.41K1.23M-11.74K838.21K1.66M3.17M1.12M-83.11K2.89M819.85K1.43M18.89K3.99M2.93M8.47M3.93M7.49M9.13M-6.33M7.73M5.16M14.30M
Investing Cash Flow-400.00K-200.00K-410.79K-497.70K-1.23M-551.03K-429.97K-260.14K-660.03K-596.65K-124.35K-680.66K-887.00K-559.61K-576.86K-591.16K-1.15M-643.28K2.05K-1.87M-498.05K-1.65M-3.71M-2.73M-10.64M-4.74M-2.42M-3.65M-2.63M-4.66M-6.15M-9.32M
Financing Cash Flow-100.00K2.40M534.29K-175.71K1.62M-24.71K220.67K-178.82K296.85K971.85K-809.96K-43.58K377.64K-478.85K-4.62K-1.01M-331.53K283.91K-654.43K-180.29K-491.96K-206.80K1.50M-332.00K726.00K227.00K2.33M-744.00K2.20M-619.00K-635.00K-647.00K
Capital Expenditure300.00K200.00K371.79K524.23K1.24M537.07K437.61K403.53K756.76K769.45K284.63K727.97K901.14K579.57K654.74K683.57K1.17M742.74K110.28K908.61K465.83K1.64M3.74M2.74M10.74M4.87M2.63M5.37M2.75M5.01M6.20M9.34M
Free Cash Flow-200.00K-1.70M-800.67K1.77K-1.52M-182.26K-384.25K759.30K-111.96K-1.67M449.79K500.32K-912.88K258.64K1.01M2.49M-54.64K-825.84K2.78M-88.76K960.52K-1.62M249.97K185.00K-2.27M-939.00K4.86M3.76M-9.08M2.72M-1.04M4.96M
Dividends Paid------------------240.63K144.49K174.24K194.34K049.00K256.00K281.00K282.00K0----
FCF to OCF-200.00%113.33%186.69%0.34%534.65%-51.37%-720.02%65.30%-17.36%185.56%61.24%40.73%7776.48%30.86%60.61%78.44%-4.88%993.72%96.18%-10.83%67.34%-8557.05%6.26%6.32%-26.78%-23.88%64.91%41.19%143.40%35.20%-20.26%34.70%
Dividend Paid to FCF------------------8.66%-162.78%18.14%-12.02%0.00%26.49%-11.28%-29.93%5.80%0.00%----

Earnings

Report DateMar 31, 1998Jun 30, 1998Sep 30, 1998Dec 31, 1998Mar 31, 1999Jun 30, 1999Sep 30, 1999Dec 31, 1999Mar 31, 2000Jun 30, 2000Sep 30, 2000Mar 31, 2001Jun 30, 2001Sep 30, 2001Mar 31, 2002Jun 30, 2002Sep 30, 2002Mar 31, 2003Jun 30, 2003Sep 30, 2003Dec 31, 2003Mar 31, 2004Jun 30, 2004Sep 30, 2004Dec 31, 2004Mar 31, 2005Jun 30, 2005Sep 30, 2005Dec 31, 2005Mar 31, 2006Jun 30, 2006Sep 30, 2006Mar 31, 2007Jun 30, 2007Sep 30, 2007Mar 31, 2008Jun 30, 2008Sep 30, 2008Dec 31, 2008Mar 31, 2009Jun 30, 2009Sep 30, 2009Dec 31, 2009Mar 31, 2010Jun 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Jun 30, 2014Sep 30, 2014Dec 31, 2014Mar 31, 2015Jun 30, 2015Sep 30, 2015Dec 31, 2015Mar 31, 2016Jun 30, 2016Sep 30, 2016Dec 31, 2016Mar 31, 2017May 12, 2017Aug 10, 2017Nov 14, 2017Mar 29, 2018May 10, 2018Aug 2, 2018Nov 13, 2018Mar 26, 2019May 14, 2019Aug 8, 2019Nov 7, 2019Mar 26, 2020May 14, 2020Aug 11, 2020Nov 10, 2020Mar 30, 2021May 11, 2021Aug 10, 2021Nov 9, 2021Mar 31, 2022May 12, 2022Aug 11, 2022Nov 3, 2022Dec 31, 2022May 15, 2023Sep 29, 2023Nov 9, 2023Dec 31, 2023Jun 11, 2024Aug 14, 2024Nov 7, 2024Dec 31, 2024Jun 9, 2025Aug 14, 2025Nov 13, 2025Mar 31, 2026Jun 5, 2026Aug 14, 2026Nov 12, 2026
EPS Estimate-----------------------------------------------------------------------------------------------0.00--------------
EPS Actual0.020.040.05-0.330.010.060.05-0.10-0.050.070.110.010.180.360.050.090.04-0.060.04-0.04-0.36-0.010.090.06-0.040.190.020.050.040.04-0.020.050.080.080.060.010.040.010.030.200.150.10-0.070.100.110.100.040.05-0.10-0.07-0.030.090.14-0.130.06-0.050.060.07-0.070.010.02-0.13-0.110.050.230.03-0.020.080.340.150.170.170.140.15-0.06-0.080.140.100.180.060.050.110.15-0.010.090.300.140.550.190.710.00-0.020.170.000.000.02-0.150.240.040.210.370.590.260.260.790.540.400.250.26-
Surprise--------------------------------------------------------------------------------------------------------------
Timing------------------------------------------------------------------------------------------After-hours----After-hoursAfter-hoursPre-market-After-hoursAfter-hoursPre-market-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hours

Key Statistics & Ratios

Market Cap127.89M
Enterprise Value122.56M
Trailing P/E16.51
Forward P/E17.01
PEG Ratio1.20
Price / Sales1.43
Price / Book2.26
EPS1.46
Book Value10.75
Revenue (TTM)89.50M
Gross Profit (TTM)21.00M
EBITDA14.37M
Profit Margin8.64%
Operating Margin8.50%
Return on Equity14.54%
Return on Assets8.04%
Shares Outstanding5.30M
Shares Float2.74M
Beta1.74
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
57.49%
Insiders
13.98%
Retail / Other
28.53%

Top Institutional Holders

  • Thompson Davis & Co Inc
    1.82M34.39%
  • Needham Investment Management, LLC
    225.00K4.24%
  • Vanguard Capital Management, LLC
    180.31K3.40%
  • BlackRock Inc
    161.11K3.04%
  • Geode Capital Management, LLC
    82.90K1.56%
  • Bard Associates Inc
    79.88K1.51%
  • RBF LLC
    74.20K1.40%
  • Rice Hall James & Associates, LLC
    53.98K1.02%
  • Dimensional Fund Advisors, Inc.
    50.55K0.95%
  • State Street Corp
    46.23K0.87%
  • Heritage Investors Management Corp
    38.27K0.72%
  • Northern Trust Corp
    28.07K0.53%
  • Vanguard Fiduciary Trust Co
    27.98K0.53%
  • Topline Capital Management LLC
    20.01K0.38%

Top Fund Holders

  • Needham Aggressive Growth Retail
    225.00K4.24%
  • Vanguard MStar Total Stk Mkt Idx Invest
    84.23K1.59%
  • iShares Russell 2000 ETF
    70.41K1.33%
  • Fidelity Small Cap Index
    30.24K0.57%
  • iShares Russell 2000 Growth ETF
    28.67K0.54%
  • Fidelity Extended Market Index
    23.30K0.44%

Dividends

20191×
0.06Dec 19, 2019
20181×
0.06Dec 18, 2018
20171×
0.05Dec 26, 2017
20161×
0.01Dec 28, 2016
20151×
0.04Dec 16, 2015
20141×
0.04Dec 23, 2014
20131×
0.03Dec 31, 2013
20121×
0.05Dec 21, 2012