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NASDAQ:SMID

Smith-Midland (SMID) Stock Price, News & Analysis

Smith-Midland logo
$34.17
-0.23 (-0.67%)
(As of 11/1/2024 ET)

About Smith-Midland Stock (NASDAQ:SMID)

Key Stats

Today's Range
$33.63
$35.00
50-Day Range
$29.78
$38.17
52-Week Range
$19.02
$48.87
Volume
14,489 shs
Average Volume
15,465 shs
Market Capitalization
$182.67 million
P/E Ratio
39.73
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Smith-Midland Corporation invents, develops, manufactures, markets, leases, licenses, sells, and installs precast concrete products and systems in the United States. It offers SlenderWall lightweight construction panel, 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, used on roadways to separate lanes of traffic in construction work zone or traffic control purposes; Easi-Set precast building and Easi-Span expandable precast buildings, used in housing communications operations, traffic control systems, and mechanical and electrical stations; 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, it absorb highway noise; Beach Prisms erosion control modules for seawalls and jetties; and H2Out secondary drainage systems for panelized exterior cladding. It licenses its proprietary products in the United States, Canada, New Zealand, Australia, Belgium, Mexico, 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. It serves its products to construction, highway, utilities, and farming industries. Smith-Midland Corporation was founded in 1960 and is based in Midland, Virginia.

Smith-Midland Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
2nd Percentile Overall Score

SMID MarketRank™: 

Smith-Midland scored higher than 2% of companies evaluated by MarketBeat, and ranked 100th out of 102 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Smith-Midland is 39.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.20.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Smith-Midland is 39.73, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 29.38.

  • Price to Book Value per Share Ratio

    Smith-Midland has a P/B Ratio of 5.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Smith-Midland's valuation and earnings.
  • Percentage of Shares Shorted

    5.86% of the float of Smith-Midland has been sold short.
  • Short Interest Ratio / Days to Cover

    Smith-Midland has a short interest ratio ("days to cover") of 10.3, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Smith-Midland has recently decreased by 0.60%, indicating that investor sentiment is improving.
  • Dividend Yield

    Smith-Midland does not currently pay a dividend.

  • Dividend Growth

    Smith-Midland does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    5.86% of the float of Smith-Midland has been sold short.
  • Short Interest Ratio / Days to Cover

    Smith-Midland has a short interest ratio ("days to cover") of 10.3, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Smith-Midland has recently decreased by 0.60%, indicating that investor sentiment is improving.
  • News Sentiment

    Smith-Midland has a news sentiment score of -0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Construction companies.
  • Search Interest

    Only 1 people have searched for SMID on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Smith-Midland insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 4.50% of the stock of Smith-Midland is held by insiders.

  • Percentage Held by Institutions

    49.94% of the stock of Smith-Midland is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Smith-Midland's insider trading history.
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SMID Stock News Headlines

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Guess who's selling NVDA next The most successful hedge fund in history quietly sold 500,000 shares. Here's what that means for your money. Billionaire Wall Street investors are quietly offloading millions of shares. What do they know that you don't? It's arguably the most popular stock in the world. Now, one 50-year Wall Street legend says its day in the sun could finally be coming to an end. Last year, he warned of two stocks that went on to crash 60%.
See More Headlines

SMID Stock Analysis - Frequently Asked Questions

Smith-Midland's stock was trading at $39.50 on January 1st, 2024. Since then, SMID shares have decreased by 13.5% and is now trading at $34.17.
View the best growth stocks for 2024 here
.

Smith-Midland Co. (NASDAQ:SMID) posted its quarterly earnings results on Wednesday, August, 14th. The company reported $0.37 earnings per share (EPS) for the quarter. The business had revenue of $19.64 million for the quarter. Smith-Midland had a net margin of 6.76% and a trailing twelve-month return on equity of 13.17%.

Top institutional investors of Smith-Midland include Rice Hall James & Associates LLC (0.97%) and International Assets Investment Management LLC (0.13%). Insiders that own company stock include Wesley A Taylor and Richard Gerhardt.
View institutional ownership trends
.

Shares of SMID stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Smith-Midland investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), Meta Platforms (META), e.l.f. Beauty (ELF), Adobe (ADBE) and Jabil (JBL).

Company Calendar

Last Earnings
8/14/2024
Today
11/02/2024
Next Earnings (Estimated)
11/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Concrete products, not elsewhere classified
Sub-Industry
Construction Materials
Current Symbol
NASDAQ:SMID
Employees
172
Year Founded
N/A

Profitability

Net Income
$800,000.00
Pretax Margin
9.10%

Debt

Sales & Book Value

Annual Sales
$59.58 million
Cash Flow
$0.60 per share
Book Value
$6.50 per share

Miscellaneous

Free Float
5,105,000
Market Cap
$182.81 million
Optionable
Not Optionable
Beta
1.24
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This page (NASDAQ:SMID) was last updated on 11/2/2024 by MarketBeat.com Staff
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