Smith-Midland Corporation

Smith-Midland Corporation (SMID) Market Cap

Smith-Midland Corporation has a market capitalization of $176.7M.

Financials based on reported quarter end 2025-12-31

Price: $33.30

β–² 0.18 (0.54%)

Market Cap: 176.71M

NASDAQ Β· time unavailable

CEO: Ashley Smith

Sector: Basic Materials

Industry: Construction Materials

IPO Date: 1995-12-13

Website: https://smithmidland.com

Smith-Midland Corporation (SMID) - Company Information

Market Cap: 176.71M Β· Sector: Basic Materials

Smith-Midland Corporation, through its subsidiaries, invents, develops, manufactures, markets, leases, licenses, sells, and installs precast concrete products 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 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 incorporated in 1960 and is based in Midland, Virginia.

Analyst Sentiment

50%
Hold

Based on 0 ratings

Consensus Price Target

No data available

Price & Moving Averages

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Fundamentals Overview

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πŸ“Š AI Financial Analysis

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Earnings Data: Q Ending 2025-12-31

"Headline metrics (latest quarter ending 2025-12-31): Revenue $23.11M, Net Income $2.13M, EPS $0.40. Revenue declined QoQ vs 2025-09-30 ($21.45M β†’ $23.11M is +7.8% QoQ), while Net Income also declined QoQ ($2.88M β†’ $2.13M is -26.0% QoQ). Net margin contracted to ~9.2% (from ~13.4% in 2025-09-30; also down vs ~16.0% in 2025-06-30), indicating profitability pressure despite revenue stability. YoY growth rates could not be computed because prior-year quarter values are not provided in the dataset. Cash flow quality weakened materially: Free Cash Flow swung from +$6.45M (2025-09-30) to -$15.67M (2025-12-31). Operating Cash Flow turned negative (-$11.71M), while capex remained moderate, suggesting earnings-to-cash conversion deteriorated in the latest quarter. Balance-sheet resilience appears generally stable with equity at $54.3M and net debt at +$4.5M, but note a significant data anomaly: total assets are reported as 0 on 2025-12-31, which is likely a reporting/data issue. Shareholder returns: the stock shows only +3.93% over the last 1y, with no dividend yield reported and no buyback data providedβ€”so total shareholder return momentum is not strong."

Revenue Growth

Neutral

Revenue was +7.8% QoQ in the latest quarter ($21.45M β†’ $23.11M). YoY growth rates were not computable because prior-year quarter figures are missing.

Profitability

Caution

Net Income fell -26.0% QoQ ($2.88M β†’ $2.13M) and net margin contracted to ~9.2% (from ~13.4% in the prior quarter). EPS declined from $0.54 to $0.40 QoQ.

Cash Flow Quality

Neutral

Free Cash Flow deteriorated sharply from +$6.45M to -$15.67M QoQ, driven by negative Operating Cash Flow (-$11.71M). No dividends and no buyback data to offset cash weakness.

Leverage & Balance Sheet

Fair

Equity increased to ~$54.3M, and net debt is modestly positive (~$4.5M). However, total assets are reported as 0 on 2025-12-31, which undermines confidence in the latest balance-sheet trend.

Shareholder Returns

Caution

Market performance is +3.93% over 1y_change, -13.50% over 6m, and -15.39% YTD. No dividend yield reported and no buyback information provided; total shareholder return momentum appears limited.

Analyst Sentiment & Valuation

Caution

No current price target was provided. P/E varies across quarters (reported ~10.7–17.0 in earlier quarters) but is not available for the latest quarter, limiting valuation confidence.

Disclaimer:This analysis is AI-generated for informational purposes only. Accuracy is not guaranteed and this does not constitute financial advice.

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SEC Filings (SMID)

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