Smith Midland Corp Stock Today

SMID Stock  USD 49.10  0.70  1.45%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Smith Midland is trading at 49.10 as of the 30th of November 2024, a 1.45% increase since the beginning of the trading day. The stock's lowest day price was 48.41. Smith Midland has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Smith Midland Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
13th of December 1995
Category
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. Smith-Midland Corporation was incorporated in 1960 and is based in Midland, Virginia. The company has 5.3 M outstanding shares of which 249.88 K shares are at this time shorted by private and institutional investors with about 16.49 trading days to cover. More on Smith Midland Corp

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Smith Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President AdvisorArthur Miles
Thematic IdeaConstruction Materials (View all Themes)
Business ConcentrationConstruction Materials, Building Materials, Basic Materials, NASDAQ Composite, Materials, Construction Materials, Building Materials, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.690.9712
Way Up
Slightly volatile
Gross Profit Margin0.250.1788
Significantly Up
Pretty Stable
Total Current Liabilities16.8 M16 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total5.6 M11.2 M
Way Down
Slightly volatile
Total Assets64.4 M61.3 M
Sufficiently Up
Slightly volatile
Total Current Assets35 M33.3 M
Sufficiently Up
Slightly volatile
Debt Levels
Smith Midland can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Smith Midland's financial leverage. It provides some insight into what part of Smith Midland's total assets is financed by creditors.
Liquidity
Smith Midland Corp currently holds 5.77 M in liabilities with Debt to Equity (D/E) ratio of 0.21, which may suggest the company is not taking enough advantage from borrowing. Smith Midland Corp has a current ratio of 2.55, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Smith Midland's use of debt, we should always consider it together with its cash and equity.

Change In Cash

2.57 Million
Smith Midland Corp (SMID) is traded on NASDAQ Exchange in USA. It is located in 5119 Catlett Road, Midland, VA, United States, 22728 and employs 172 people. Smith Midland is listed under Construction Materials category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 260.46 M. Smith Midland Corp conducts business under Construction Materials sector and is part of Materials industry. The entity has 5.3 M outstanding shares of which 249.88 K shares are at this time shorted by private and institutional investors with about 16.49 trading days to cover. Smith Midland Corp currently holds about 12.43 M in cash with 7.73 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.41.
Check Smith Midland Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Smith Midland is $260.46 Million. Over half of Smith Midland's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the company is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Smith Ownership Details

Smith Stock Institutional Holders

InstituionRecorded OnShares
Northern Trust Corp2024-09-30
39.4 K
Heritage Investors Management Corp2024-09-30
38.3 K
Dimensional Fund Advisors, Inc.2024-09-30
29.6 K
Bank Of America Corp2024-06-30
13.7 K
Morgan Stanley - Brokerage Accounts2024-06-30
13.3 K
Charles Schwab Investment Management Inc2024-09-30
12.4 K
Intrust Bank Na2024-09-30
12.1 K
Bank Of New York Mellon Corp2024-06-30
11.7 K
Citadel Advisors Llc2024-09-30
10.5 K
Thompson Davis & Co Inc2024-09-30
1.8 M
Vanguard Group Inc2024-09-30
231.7 K
View Smith Midland Diagnostics

Smith Midland Historical Income Statement

At present, Smith Midland's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 1.6 M, whereas Selling General Administrative is forecasted to decline to about 4.2 M. View More Fundamentals

Smith Stock Against Markets

Smith Midland Corporate Executives

Elected by the shareholders, the Smith Midland's board of directors comprises two types of representatives: Smith Midland inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Smith. The board's role is to monitor Smith Midland's management team and ensure that shareholders' interests are well served. Smith Midland's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Smith Midland's outside directors are responsible for providing unbiased perspectives on the board's policies.
Adam KrickTreasurer, CFOProfile
Stephanie PoeTreasur CFOProfile
When determining whether Smith Midland Corp is a strong investment it is important to analyze Smith Midland's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Smith Midland's future performance. For an informed investment choice regarding Smith Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Midland Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
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Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Smith Midland. If investors know Smith will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Smith Midland listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
12.798
Earnings Share
1.22
Revenue Per Share
12.943
Quarterly Revenue Growth
0.336
Return On Assets
0.065
The market value of Smith Midland Corp is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Midland's value that differs from its market value or its book value, called intrinsic value, which is Smith Midland's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Smith Midland's market value can be influenced by many factors that don't directly affect Smith Midland's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Smith Midland's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Midland is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Midland's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.