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Smith-Midland Corp (SMID)

Upturn stock ratingUpturn stock rating
$33.56
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
  • ALL
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Upturn Advisory Summary

06/30/2025: SMID (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $

1 Year Target Price $

Analysts Price Target For last 52 week
$Target price
Low$
Current$33.56
high$

Analysis of Past Performance

Type Stock
Historic Profit 83.98%
Avg. Invested days 56
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 4.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 177.60M USD
Price to earnings Ratio 23.09
1Y Target Price -
Price to earnings Ratio 23.09
1Y Target Price -
Volume (30-day avg) -
Beta 1.62
52 Weeks Range 25.03 - 51.96
Updated Date 06/29/2025
52 Weeks Range 25.03 - 51.96
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) 1.45

Earnings Date

Report Date 2025-06-09
When After Market
Estimate -
Actual -

Profitability

Profit Margin 9.78%
Operating Margin (TTM) 10.08%

Management Effectiveness

Return on Assets (TTM) 9.57%
Return on Equity (TTM) 20.22%

Valuation

Trailing PE 23.09
Forward PE -
Enterprise Value 174883886
Price to Sales(TTM) 2.26
Enterprise Value 174883886
Price to Sales(TTM) 2.26
Enterprise Value to Revenue 2.23
Enterprise Value to EBITDA 13.76
Shares Outstanding 5304610
Shares Floating 4547948
Shares Outstanding 5304610
Shares Floating 4547948
Percent Insiders 14.89
Percent Institutions 60.92

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Smith-Midland Corp

stock logo

Company Overview

overview logo History and Background

Smith-Midland Corporation was founded in 1960, initially focusing on agricultural precast concrete products. Over time, it expanded into a broader range of precast concrete solutions for construction, transportation, and other industries. The company has grown through organic expansion and strategic acquisitions, focusing on innovative products and sustainable practices.

business area logo Core Business Areas

  • Precast Concrete Products: Designs, manufactures, and sells a wide variety of precast concrete products, including barriers, sound walls, structural components, and utility products.
  • Construction Services: Provides installation and construction services related to its precast concrete products.
  • Easi-Set Worldwide: Licenses its proprietary precast product designs and technologies to other manufacturers worldwide. This segment generates licensing fees and royalties.

leadership logo Leadership and Structure

The leadership team consists of Glenn Wormser (President & CEO), Jeremy Wynes (CFO), and others in key management positions. The organizational structure comprises departments for sales, engineering, manufacturing, construction, and finance.

Top Products and Market Share

overview logo Key Offerings

  • SlenderWall: A lightweight precast concrete panel system used in building construction. Market share data is not publicly disclosed, and competitors include AltusGroup and Gate Precast. Revenue is not available for specific products.
  • J-J Hooks Highway Safety Barrier: Precast concrete highway safety barriers. Market share data is not publicly disclosed, and competitors include Trinity Highway Products and Hill and Smith Infrastructure. Revenue is not available for specific products.
  • SoftSound Noise Barrier: A noise barrier system used for highway and construction projects. Market share data is not publicly disclosed, and competitors include Delta Bloc and Tensar International. Revenue is not available for specific products.

Market Dynamics

industry overview logo Industry Overview

The precast concrete industry is moderately competitive, driven by infrastructure development, building construction, and environmental regulations (e.g., noise reduction). The industry experiences cyclical trends related to economic growth and government spending.

Positioning

Smith-Midland Corp. is positioned as a provider of innovative and high-quality precast concrete solutions, with a focus on proprietary products and licensing. Its competitive advantages include its patented technologies, strong customer relationships, and established brand reputation.

Total Addressable Market (TAM)

The TAM for precast concrete products is estimated to be in the billions of USD annually. Smith-Midland Corp. is positioned to capture a portion of this TAM through its diverse product portfolio and geographic reach, although market size data is not publicly shared in detail.

Upturn SWOT Analysis

Strengths

  • Proprietary product designs
  • Strong brand reputation
  • Established licensing program
  • Experienced management team
  • Vertically integrated operations

Weaknesses

  • Reliance on cyclical construction markets
  • Limited geographic diversification
  • High capital expenditure requirements
  • Sensitivity to raw material price fluctuations
  • Smaller market capitalization compared to major peers

Opportunities

  • Increased infrastructure spending
  • Expansion into new geographic markets
  • Development of new sustainable products
  • Strategic acquisitions of complementary businesses
  • Growth in licensing revenue

Threats

  • Economic downturns
  • Increased competition
  • Rising raw material costs
  • Changes in government regulations
  • Technological obsolescence

Competitors and Market Share

competitor logo Key Competitors

  • TXI
  • CRH
  • Martin Marietta Materials (MLM)

Competitive Landscape

Smith-Midland competes with larger, more diversified companies in the precast concrete industry. Its competitive advantage lies in its proprietary products and licensing program, which allow it to differentiate itself from competitors.

Growth Trajectory and Initiatives

Historical Growth: Historical Growth Analysis Financial data is not included.

Future Projections: Future Projections Analysis Financial data is not included.

Recent Initiatives: Recent Initiatives Analysis Financial data is not included.

Summary

Smith-Midland is a niche player in the precast concrete industry with proprietary products. Strengths include its brand and licensing model, while weaknesses involve cyclical markets and limited scale. Opportunities arise from infrastructure spending and new markets, but threats include competition and economic risks. They are positioned well to capitalize on niche products and have great potential.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings
  • Industry Reports
  • Analyst Estimates

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Market share data is estimated and may not be precise. Financial data is not included.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Smith-Midland Corp

Exchange NASDAQ
Headquaters Midland, VA, United States
IPO Launch date 1995-12-13
Chairman of the Board of Directors, President & CEO Mr. Ashley B. Smith
Sector Basic Materials
Industry Building Materials
Full time employees 166
Full time employees 166

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; Easi-Set precast building and Easi-Span expandable precast buildings for use in housing communications operations, traffic control systems, and mechanical and electrical stations; Easi-Set utility vaults for use in 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 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; 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 construction, highway, utilities, and farming industries. Smith-Midland Corporation was founded in 1960 and is based in Midland, Virginia.