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Upturn stock rating
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Smith-Midland Corp (SMID)

Upturn stock rating
$40.05
Last Close (24-hour delay)
upturn advisory
PASS
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  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
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Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

10/24/2025: SMID (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit 97.86%
Avg. Invested days 56
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 4.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/24/2025

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

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 focused on agricultural supplies, it transitioned to precast concrete products, establishing itself as a leader in the industry. Significant milestones include developing innovative precast solutions and expanding its product line through acquisitions and organic growth.

business area logo Core Business Areas

  • Easi-Set Worldwide: Licenses proprietary precast concrete technology and designs to manufacturers globally.
  • Precast Concrete Products: Manufactures and sells a wide range of precast concrete products for highway safety, construction, and agricultural applications.
  • Contracting Services: Provides installation and construction services for its precast products.

leadership logo Leadership and Structure

Rodney I. Smith is the Chairman and CEO. The company operates with a functional organizational structure, with departments for sales, manufacturing, engineering, and finance. A board of directors provides oversight.

Top Products and Market Share

overview logo Key Offerings

  • J-J Hooks Highway Safety Barrier: A precast concrete barrier system used for highway safety. It has a significant market share in temporary barrier rentals and sales along the East Coast. Competitors include Trinity Highway Products and Hill and Smith Infrastructure Products.
  • SoftSound Noise Barrier: A sound barrier wall system designed to reduce noise pollution. It competes with AIL Sound Walls, Kinetics Noise Control, and other noise barrier manufacturers.
  • Easi-Set Buildings: Pre-engineered, precast concrete buildings for various applications, including storage, restrooms, and equipment shelters. Competitors include Oldcastle Infrastructure and Tindall Corporation. Market share information is fragmented and specific to region and application.

Market Dynamics

industry overview logo Industry Overview

The precast concrete industry is driven by infrastructure development, construction activity, and environmental regulations. It's a mature industry with steady growth potential tied to government spending and private investment in construction projects.

Positioning

Smith-Midland Corp is a well-established player in the precast concrete industry, known for its innovative products and licensing business. Its competitive advantages include patented technologies, brand recognition (especially for J-J Hooks), and a diversified product portfolio.

Total Addressable Market (TAM)

The TAM for precast concrete products is estimated to be tens of billions of dollars globally. Smith-Midland is well positioned to capture growth in the highway safety barrier and sound barrier segments. Its TAM is dependent on government contracts in the construction and infrastructure sectors.

Upturn SWOT Analysis

Strengths

  • Patented Technologies
  • Strong Brand Recognition (J-J Hooks)
  • Diversified Product Portfolio
  • Established Licensing Business (Easi-Set)
  • Long-standing relationships with customers and partners

Weaknesses

  • Geographic Concentration (East Coast)
  • Dependence on Government Spending
  • Raw Material Price Volatility (Cement, Steel)
  • Seasonality in Construction Activity
  • Small Cap Stock

Opportunities

  • Expansion into New Geographic Markets
  • Increased Infrastructure Spending (Federal and State)
  • Development of New Precast Concrete Products
  • Acquisitions of Complementary Businesses
  • Growth in Demand for Sustainable Construction Materials

Threats

  • Economic Downturn (Reduced Construction Activity)
  • Increased Competition
  • Changes in Government Regulations
  • Rising Raw Material Costs
  • Supply Chain Disruptions

Competitors and Market Share

competitor logo Key Competitors

  • Trinity Highway Products (private)
  • Hill and Smith Infrastructure Products (private)
  • Oldcastle Infrastructure (CRH)
  • Tindall Corporation (private)

Competitive Landscape

Smith-Midland Corp has advantages in certain niche markets (e.g., J-J Hooks) due to its patented technologies. However, it competes with larger companies that have greater financial resources and broader product portfolios. Their Easi-Set Worldwide licensing business is a key differentiator.

Major Acquisitions

Long Precast, Inc.

  • Year: 2017
  • Acquisition Price (USD millions): 16.7
  • Strategic Rationale: Expanded production capacity and geographic reach into North Carolina.

Growth Trajectory and Initiatives

Historical Growth: Examine Smith-Midland Corp's revenue and profit growth over the past 5-10 years to assess its historical growth trajectory. Look for patterns and trends.

Future Projections: Analyst estimates, typically found on financial news websites, provide projections for Smith-Midland Corp's future revenue and earnings growth.

Recent Initiatives: Check their latest investor presentations, press releases, and SEC filings for recent initiatives such as new product launches, acquisitions, or geographic expansions.

Summary

Smith-Midland Corp is a niche player in the precast concrete industry with strengths in patented technologies and licensing. Its reliance on government spending and regional concentration pose some risks. Growth opportunities lie in geographic expansion and new product development. Financial performance and dividend history need examination of the company's recent financial disclosures. Overall a mixed to strong company that must continue to differentiate itself.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Smith-Midland Corp SEC Filings (10-K, 10-Q, 8-K)
  • Smith-Midland Corp Investor Relations Page
  • Industry Reports (e.g., Precast Concrete Industry Reports)
  • Financial News Websites (e.g., Yahoo Finance, Bloomberg)
  • Company Press Releases

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market conditions and company-specific events can change rapidly, affecting future performance. Consult with a financial professional before making investment decisions.

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

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

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

Upturn 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.