SMID · NASDAQ · Construction Materials

Smith-Midland (SMID)

Makes precast infrastructure systems while also renting barriers and licensing proprietary products.

$23.73
vs last close−0.66 (−2.71%)
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Smith-Midland CorporationSMID
Materials

Manufactures precast-concrete systems for transportation, building, utility, and agricultural uses, with sales supplemented by barrier rentals, licensing royalties, shipping, and installation. Its regional manufacturing footprint pairs local production with worldwide product licensing.

Precast-concrete systems serve construction, highway, utility, and farming markets. Key proprietary product families include J-J Hooks highway barriers; SlenderWall exterior panels; Sierra Wall and SoftSound noise barriers; Easi-Set and Easi-Span transportable buildings; and utility products.

Revenue comes from product sales together with barrier rentals, royalties, shipping, and installation. Manufacturing is regional, with facilities in Virginia, North Carolina, and South Carolina, while Easi-Set Worldwide licenses systems globally.

Customers include general contractors and federal, state, and local transportation authorities across the Mid-Atlantic, Northeast, Midwest, and Southeast. The business operates as one Precast Concrete segment.

Company facts

CEOAshley B. Smith
ListedDec 13, 1995
ExchangeNASDAQ
HeadquartersMidland, VA
CountryUnited States
Employees285
CIK0000924719
ISINUS8321561032

Market cap$129.4M
EPS (ttm)$1.46
P/E (ttm)16.71
ROE14.1%
P/B2.27
P/S1.45
Dividend yieldDiv yield
Beta1.00vs XLB 0.73

No analyst consensus on record.

Next report
Nov 12, 26
estimated · in 50 days
EPS estimate
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Jul '25Aug '25Sep '25Nov '25Apr '26Jun '26Aug '26Nov '26
Reported$0.27$0.79$0.27$0.54$0.40$0.25$0.26Pending
Estimate
Surprise

RevenueReportedEstimate

Jul '25Aug '25Sep '25Nov '25Apr '26Jun '26Aug '26Nov '26
Reported$22.7M$26.2M$18.5M$21.5M$23.1M$21.6M$23.4MPending
Estimate$21.5M
Surprise−13.6%
Estimate
ReportedDue Nov 12, 2026
Estimate
ReportedDue Nov 12, 2026
View details

Debt to equity7.40%
Current ratio406.00%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$23.6M$18.5M$22.7M$26.2M$21.5M$23.1M$21.6M$23.4M
Net income$3.2M$1.4M$3.3M$4.2M$2.9M$2.1M$1.3M$1.4M
Net margin13.4%7.5%14.7%15.9%13.4%9.2%6.2%5.9%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$3.8M$1.9M$4.4M$5.5M$3.9M$3.2M$1.7M$2.0M
YoY growth+156.2%+244.6%+190.7%+106.4%+0.2%+73.2%−60.6%−64.0%

Balance sheet, Jun 30, 2026Cash & short-term investments $10.7M · Total debt $4.2M · Total assets $86.7M · Shareholders' equity $57.0M

Revenue
$23.4M
Operating income
$2.0M
Net income
$1.4M
View details

No dividends on record.

Institutions57.16%3.03M shares
57 holders · as of Jun 30, 2026
Insiders13.99%742.3K shares
7 holders · as of Sep 4, 2026
Other28.85%1.53M shares
remainder

5.31M company shares as of Sep 20, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Thompson Davis & Co., Inc.Institution
34.37%1.82Mas of Jun 30, 2026
Rodney I. SmithInsider10 percent owner
10.07%534,499filed Nov 14, 2025
Ars Investment Partners LLCInstitution
7.37%391,206filed Feb 14, 2019
Needham Investment Management LLCInstitution
4.24%225,000as of Jun 30, 2026
BlackRock, Inc.Institution
3.70%196,437as of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 2, 2026Matthew I. Smithdirector+2,000$27.15
Sep 1, 2026Ashley B. Smithdirector, officer: Chief Executive Officer+2,000$26.87
Nov 24, 2025Richard Gerhardtdirector−666$33.26
View details

  • CRH

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  • NWPX

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  • Lindsay

    Concrete and movable roadway barriers for work zones and traffic control

  • Arcosa

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Compare

CompanyPriceChange
Smith-Midland$23.73−2.71%$129.4M16.71.4−10.8%
CRH$85.82−2.53%$58.83B+5.6%
NWPX$102.43−0.87%$995.8M20.720.31.7+19.7%
Lindsay$116.20+1.12%$1.17B22.120.51.9−5.1%
Arcosa$146.68+0.05%$7.20B14.732.02.6−10.6%
Median20.720.51.9+0.2%