SMITH MIDLAND CORP (SMID)
Materials · Precast concrete products and specialty building materials · NASDAQ
Specialized manufacturer of proprietary precast concrete products and systems serving construction, highway, and utility industries across the eastern U.S., with innovative lightweight panels and safety barriers protected by patents and crash testing.
What SMITH MIDLAND CORP does
Smith-Midland Corporation manufactures, markets, leases, and installs a broad array of precast concrete products and systems for construction, highway, utilities, and farming industries. The company produces proprietary and innovative products including SlenderWall® lightweight exterior wall panels, J-J Hooks® highway safety barriers, SoftSound™ sound-absorptive finishes, Sierra Wall™ sound barriers, and Easi-Set®/Easi-Span® transportable concrete buildings, along with farm products and custom precast items. The company also licenses its proprietary products to manufacturers nationwide and internationally, and operates a barrier rental business serving general contractors and federal, state, and local transportation authorities primarily in the Mid-Atlantic, Northeastern, Midwestern, and Southeastern U.S.
Themes: ["Precast concrete construction products","Lightweight building panels / cladding systems","Highway safety and sound barriers","Construction infrastructure","Proprietary manufacturing and licensing"]
Fundamentals
- Price$29.55 as of 2026-07-09 close
- Market cap$157M as of 2026-07-10
- 1-year return-13.6% as of 2026-07-09 close
- P/E14.91 as of 2026-07-10
- Net margin+11.4% as of 2026-07-10
- Gross margin+25.3% as of 2026-07-10
- ROE+19.9% as of 2026-07-10
- Debt / equity0.08 as of 2026-07-10
- Revenue growth (YoY)+9.3% as of 2026-07-10
- Revenue CAGR (3y)+23.1% SEC XBRL
- Beta1.76 as of 2026-07-10
Key risks (from latest filing)
["Cyclical dependence on construction industry and economic conditions, including effects of interest rates, financing availability, and regional economic fluctuations","Significant reliance on public sector projects funded by government budgets and voter-approved bonds; uncertainty from tariffs and government cost-cutting initiatives","Concentration of business in specific geographic regions (Mid-Atlantic, Northeastern, Midwestern, and Southeastern U.S.)"]
Competitors & peers
- Oldcastle Materials (CRH)
- Forterra Inc. (FRTA)
- Quanex Building Products
- Martin Marietta Materials
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.