SMART SAND INC (SND)
Energy · oil & gas equipment and services / proppant supply · NASDAQ
Smart Sand is a specialized provider of frac sand and wellsite proppant management technology, helping energy companies optimize hydraulic fracturing efficiency while diversifying into industrial sand markets.
What SMART SAND INC does
Smart Sand is a fully integrated frac and industrial sand supply and services company that produces Northern White sand used as proppant in hydraulic fracturing of oil and natural gas wells, as well as for industrial applications. The company operates multiple mines and processing facilities with regional transloading terminals, and provides wellsite proppant logistics and storage solutions through proprietary SmartSystems equipment including SmartDepot silos, SmartPath management systems, and conveyor technology.
Themes: frac sand supply, hydraulic fracturing proppants, oil and gas logistics, industrial sand products, wellsite equipment and services
Fundamentals
- Price$4.69 as of 2026-08-25 close
- Market cap$199M as of 2026-08-25
- 1-year return+136.9% 2025-08-25 close $1.98 → 2026-08-25 close $4.69
- P/E9.82 as of 2026-08-26
- Net margin+6.1% as of 2026-08-26
- Gross margin+11.5% as of 2026-08-26
- ROE+9.1% as of 2026-08-26
- Debt / equity0.06 as of 2026-08-26
- Revenue growth (YoY)+21.7% as of 2026-08-26
- Revenue CAGR (3y)+8.9% SEC XBRL
- Beta0.34 as of 2026-08-26
- Last reported earnings2026-08-11 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +2.8%; at least 2 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How SND compares in its sector
- price-to-earnings ratiobottom 25% 118 covered Energy peers, as of 2026-08-26
- net profit marginmiddle range 149 covered Energy peers, as of 2026-08-26
- operating marginbottom 25% 149 covered Energy peers, as of 2026-08-26
- gross marginbottom 10% 142 covered Energy peers, as of 2026-08-26
- return on equitymiddle range 152 covered Energy peers, as of 2026-08-26
- 3-year revenue CAGRmiddle range 138 covered Energy peers
- indicated dividend yieldmiddle range 98 covered Energy peers, as of 2026-08-26
- free cash flow (absolute dollars, latest fiscal year)middle range 95 covered Energy peers, as of FY2025
Position among covered Energy companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Exceeded at least one reported measure. In FY2025, SND's dividend exceeded at least one reported measure of what it earned or generated (earnings payout 442%, free-cash-flow payout 18%). A payout above 100% in one year is not necessarily unsustainable, but it is not fully covered by that measure.
- Earnings payout442% dividends / net income
- Free-cash-flow payout18% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How SMART SAND INC looks technically
SMART SAND INC (SND) is trading 6.7% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 192 trading days ago — a "golden cross", a bullish long-term signal. A trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 20 (a reading of 25+ marks a strong trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 49, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 8 trading days ago. It is 19.8% below its highest point of the past year. Trading volume is unusually light — only about 39% of its 30-day average.
Trend
8
| Distance from the 200-day | it is trading 6.7% above its 200-day average, the long-term trend line — a longer-term uptrend | +6.7% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $4.73 | $4.73 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $4.39 | $4.39 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 13 calendar days ago — the swings before that are what the structure reading is measured on | 13 sessions |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 192 trading days ago — a "golden cross", a bullish long-term signal | 192 sessions |
| Above the 200-day after a dip | it recently dipped to its 200-day average (the long-term trend line) and has since climbed back above it — now about 6.7% above | +6.7% |
| Trend strength (14-day ADX) | a trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 20 (a reading of 25+ marks a strong trend) | 20.0 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 49, neither overbought (above 70) nor oversold (below 30) | 49.0 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($4.16 to $5.43) — its "stochastic" reading is 42 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 41.7 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 13 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $5.85 | $5.85 |
|---|---|---|
| From the 52-week high | it is 19.8% below its 52-week high (its highest price of the past year) | -19.8% |
| Above the 52-week low | it is 149.5% above its 52-week low (its lowest price of the past year) | +149.5% |
| Below the 52-week high | it is 19.8% below its highest point of the past year | 19.8% |
| Since a 20-day breakout | it made a new 20-day high about 8 trading days ago | 8 sessions |
| Since a 55-day breakout | it made a new 55-day low about 21 trading days ago | 21 sessions |
| All-time high | its highest closing price on record is $21.99 (set on 2017-02-23) | $21.99 |
| Given back of the 52-week move | over the past year its closes ranged ($1.88 to $5.82), and it has given back roughly a quarter of its rise from last year’s low — 29% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $3.26 to $3.39. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 28.7% |
| From the all-time high | it is 78.7% below its all-time high | -78.7% |
| Nearest price level | it is trading 3.9% above a support level at $4.51 — a price it turned at four times since 2025-12-08, most recently on 2026-07-16. Since 2024-08-26 it has 13 such levels below the current price and 2 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -3.9% |
| All-time low | its lowest closing price on record is $0.5501 (set on 2020-03-18) | $0.5501 |
| Above the all-time low | it is 752.6% above its all-time low | +752.6% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 60th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.2636 between its high and its low — about 5.6% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.2636 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $4.05 and $5.20 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $4.05 – $4.63 – $5.20 |
| Typical daily range (% of price) | its price moves about 5.6% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 5.6% |
| Stretch from the 200-day average | it is trading 1.1 daily ranges above its 200-day average price (6.7% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 1.1 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is unusually light — only about 39% of its 30-day average | 0.39× |
|---|
Candlestick patterns
2
| Since a doji | 9 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 9 sessions ago |
|---|---|---|
| Since a bearish engulfing | 4 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 4 sessions ago |
Price gaps
3
| Gap at the open | it opened on 2026-08-25 0.2% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -0.2% |
|---|---|---|
| Open gap | it gapped 7.4% below the previous close 51 sessions ago and has not traded back through the level it left behind at 5.82 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -7.4% |
| Gap filled | a 7.7% gap up opened on 2026-08-12 has been "filled" 1 session ago — price traded back through the level the gap left behind, and it took 8 sessions to close | 1 session ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 3.0 percentage points (the stock gained 0.6% while the market gained 3.7%) | -3.0% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 7.2 percentage points (the stock lost 4.5% while the market gained 2.7%) | -7.2% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 19.8 percentage points (the stock lost 9.3% while the market gained 10.5%) | -19.8% |
| vs market, 12 months | over the past 12 months this stock beat the market by 117.7 percentage points (the stock gained 136.9% while the market gained 19.2%) | +117.7% |
Signal agreement
2
| Bullish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, MACD momentum is positive — these describe past price behaviour, not a forecast | 3 of 9 |
|---|---|---|
| Bearish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bearish state: lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 2 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 3.5% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-20 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 4.2% of the share price. | -3.5% |
|---|
Volume-weighted price
1
| Vs this year’s average price paid | the price is 1% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $4.75 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | -1.2% |
|---|
Price levels it has turned at before
SND last closed at $4.69 on 2026-08-25. Since 2024-08-26 it has turned at 13 prices below its last close and 2 above; the 3 nearest below and the 2 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $4.51 | Support | 3.9% below the last close | turned there four times · 2025-12-08 to 2026-07-16 |
| $4.26 | Support | 9.1% below the last close | turned there twice · 2026-01-06 to 2026-05-13 |
| $5.62 | Resistance | 19.8% above the last close | turned there twice · 2026-02-18 to 2026-05-01 |
| $3.65 | Support | 22.3% below the last close | turned there twice · 2026-01-12 to 2026-03-11 |
| $5.84 | Resistance | 24.6% above the last close | turned there twice · 2026-03-30 to 2026-06-08 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-25.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Tested and reclaimed 200-day support · lagging the market · Just filled a gap (5%+ closed in the last week) · Trading at this year’s average price paid (anchored VWAP) · Trading below the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low · volume and relative volume
Based on daily closing prices as of 2026-08-25. Describes past price behavior only — informational, not financial advice.
Key risks (from latest filing)
["Exposure to oil and gas industry cyclicality and price volatility, with revenue heavily dependent on customer drilling activity and commodity proppant pricing","Operating losses in recent periods (Q1 2026 net loss of $3.9M) despite revenue growth, indicating margin pressure from cost of goods sold","Capital intensity of mining and terminal operations with significant depreciation, amortization, and asset retirement obligations ($22.8M on balance sheet)"]
What changed in the latest 10-Q
AI-assisted comparison of SND's 10-Q filed 2026-05-12 against the prior one filed 2025-11-12.
Management's Discussion & Analysis (MD&A)
- Added:
- Reference to audited financial statements as of December 31, 2025 (newer filing, filed 2026-05-12) vs. December 31, 2024 (older filing, filed 2025-11-12)
- Newer filing specifies IPS business created 'in late 2021' with explicit year reference
- Newer filing states 'we created our Industrial Products Solutions' with active voice and specific timing
- Newer filing includes 'substantially all operating basins' regarding third party transloading terminals access
- Newer filing specifies Dennison, Ohio terminal expansion completed in September 2025
- Removed:
- Older filing states IPS expansion occurred 'in recent years' (less specific temporal reference removed in newer version)
- Older filing references 'industrial manufacturers' as customer type (replaced with 'diversified industrial and commercial customers' in newer)
- Older filing states access to transloading terminals in 'all operating basins' (modified to 'substantially all' in newer)
- Older filing uses 'rights to use' for El Reno, Oklahoma terminal (changed to 'have rights to use' in newer)
- Older filing ends description with incomplete sentence about 'additional opportunities to increase our customer b' (truncated in older version)
- Reworded:
- Older: 'In recent years, we have expanded our product line to offer Industrial Products Solutions' changed to Newer: 'In late 2021, we created our Industrial Products Solutions' (more specific timing and different framing from expansion to creation)
- Older: 'diversified industrial and commercial customers' vs. Newer: 'diversified industrial and commercial customers' (no change, but older version had 'industrial manufacturers')
- Older: 'we believe that, among other things, the following makes us a highly attractive' changed to Newer: 'we believe that, among other things: (i)...make us a highly attractive' (formatting and structure change)
- Older: 'approximately 2.9 million tons of total annual processing capacity' changed to Newer: 'approximately 2.9 million tons of annual processing capacity' (removal of 'total')
- Older: 'have access to third party transloading terminals in all operating basins' changed to Newer: 'have access to third party transloading terminals in substantially all operating basins'
- Older: 'We also have the right to use' changed to Newer: 'We also have rights to use' (singular to plural)
- Older: 'longstanding relationships' changed to Newer: 'long-standing relationships' (hyphenation added)
- Older: 'provide us with access' changed to Newer: 'allow us access' (word choice change)
- Older: 'In 2021, we expanded our product line to offer Industrial Sand through IPS' changed to Newer: 'In late 2021, we created our Industrial Products Solutions' (different framing and timing specificity)
- Notes:
- The older filing text appears truncated at the end ('customer b'), preventing full comparison of the IPS discussion section
- The newer filing provides more specific temporal markers ('late 2021', 'September 2025') compared to vaguer references in older filing ('in recent years')
- Year-end financial statement references differ (2025 vs. 2024) due to natural progression of time between filings
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
1 open-market purchase and 3 open-market sales by insiders in the last 90 days.
- Last 30 days0 buys · 3 sells ($159872) — 2 selling insiders
- Last 90 days1 buy ($19998) · 3 sells ($159872) — 1 buying, 2 selling insiders
- Last 180 days1 buy ($19998) · 4 sells ($406372) — 1 buying, 2 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-08-17. As of 2026-08-26.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about SND's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding SND as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 829,964
- Reported value $4,249,414
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 2 increased, 3 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
SND had 1,914,113 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
SND had 4.51% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 6.94 days to cover at the same settlement.
- Reported short interest (shares) 1,914,113
- Short interest (% of shares outstanding) 4.51%
- Prior settlement (shares) 1,825,203
- Reported change 4.87%
- Days to cover (reported) 6.94
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- U.S. Silica Holdings (SLCA)
- Emerge Energy Services LP (EMES)
- Westmoreland Resource Recovery (WMRK)
- Hi-Crush Inc
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Frequently asked questions
What does SMART SAND INC (SND) do?
Smart Sand is a fully integrated frac and industrial sand supply and services company that produces Northern White sand used as proppant in hydraulic fracturing of oil and natural gas wells, as well as for industrial applications. The company operates multiple mines and processing facilities with regional transloading terminals, and provides wellsite proppant logistics and storage solutions through proprietary SmartSystems equipment including SmartDepot silos, SmartPath management systems, and…
What sector is SMART SAND INC (SND) in?
SMART SAND INC (SND) is classified in the Energy sector. Its industry is oil & gas equipment and services / proppant supply. It trades on NASDAQ.
Does SND pay a dividend?
Yes — SMART SAND INC (SND) pays a dividend, with an indicated yield of about 2.79% and at least 2 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-08-26). Informational only — not financial advice.
Who are SMART SAND INC's (SND) competitors?
Notable peers of SMART SAND INC (SND) include U.S. Silica Holdings, Emerge Energy Services LP, Westmoreland Resource Recovery and Hi-Crush Inc. This peer set is informational only — not financial advice.
Is SMART SAND INC (SND) overbought or oversold right now?
SMART SAND INC (SND) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 49, in the neutral middle (as of 2026-08-25). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on SND come from?
Fundamentals and prices come from market data, as of 2026-08-26; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-26. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-25.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.