Smith-Midland develops, manufactures, licenses, rents, and sells a broad array of precast concrete products for use primarily in the construction, transportation and utilities industries.
Company profile
Ticker
SMID
Exchange
Website
CEO
Ashley B. Smith
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
IRS number
541727060
SMID stock data
Press releases
Smith-Midland Names Reliance Precast Limited as New SlenderWall Licensee in New Zealand
18 May 22
Smith-Midland Reports First Quarter 2022 Financial Results
12 May 22
Smith-Midland Signs $6.6 Million Contract with North Carolina Department of Transportation
10 May 22
Smith-Midland Announces First Quarter 2022 Earnings Results Release Date
5 May 22
Smith-Midland Announces Strategic Expansion of Barrier Rental Fleet
4 May 22
Calendar
12 May 22
24 May 22
31 Dec 22
Financial summary
| Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
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| Revenue | |||||
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 14.82M | 14.82M | 14.82M | 14.82M | 14.82M | 14.82M |
| Cash burn (monthly) | (no burn) | (no burn) | 57.67K | (no burn) | 397.67K | (no burn) |
| Cash used (since last report) | n/a | n/a | 102.38K | n/a | 705.99K | n/a |
| Cash remaining | n/a | n/a | 14.72M | n/a | 14.11M | n/a |
| Runway (months of cash) | n/a | n/a | 255.2 | n/a | 35.5 | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 10 Dec 21 | Richard Gerhardt | Common Stock | Payment of exercise | Dispose F | No | No | 36.656 | 713 | 26.14K | 7,458 |
| 10 Dec 21 | Wesley A Taylor | Common Stock | Payment of exercise | Dispose F | No | No | 36.1067 | 334 | 12.06K | 34,504 |
| 10 Dec 21 | Rodney I Smith | Common Stock | Payment of exercise | Dispose F | No | No | 36.1067 | 458 | 16.54K | 589,499 |
| 10 Dec 21 | Adam Jay Krick | Common Stock | Payment of exercise | Dispose F | No | No | 36.1067 | 1,097 | 39.61K | 12,139 |
| 10 Dec 21 | Smith Ashley B | Common Stock | Payment of exercise | Dispose F | No | No | 36.1067 | 1,003 | 36.22K | 196,926 |
Institutional ownership, Q4 2021
37.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 35 |
| Opened positions | 15 |
| Closed positions | 3 |
| Increased positions | 6 |
| Reduced positions | 10 |
| 13F shares | Current |
|---|---|
| Total value | 307.99M |
| Total shares | 1.94M |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Thompson Davis & Co. | 966.08K | $45.41M |
| Bard Associates | 210.95K | $9.92M |
| Needham Investment Management | 146.1K | $6.87M |
| Vanguard | 144.94K | $6.81M |
| RBF Capital | 76.65K | $3.6M |
| Heritage Investors Management | 41.4K | $1.95M |
| Rice Hall James & Associates | 36.06K | $1.7M |
| Geode Capital Management | 33.99K | $1.6M |
| AMP Ameriprise Financial | 33.37K | $1.57M |
| Diamond Hill Capital Management | 32.35K | $1.52M |
Content analysis
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H.S. freshman Avg
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Removed:
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Financial reports
Current reports
8-K
Smith-Midland Reports First Quarter 2022 Financial Results
13 May 22
8-K
Changes in Registrant's Certifying Accountant
8 Apr 22
8-K
Smith-Midland Reports Fourth Quarter and Year End 2021 Financial Results
1 Apr 22
8-K
Entry into a Material Definitive Agreement
16 Feb 22
8-K
Smith-Midland Board of Directors Appoints Ashley B. Smith to Serve as Chairman
20 Jan 22
8-K
Entry into a Material Definitive Agreement
19 Nov 21
8-K
Third Quarter 2021 Highlights
9 Nov 21
8-K
Departure of Directors or Certain Officers
26 Oct 21
8-K
Smith-Midland Reports Second Quarter 2021 Financial Results
10 Aug 21
8-K
Other Events
14 Jul 21
Registration and prospectus
8-A12B
Registration of securities on exchange
12 Nov 20
S-8
Registration of securities for employees
22 Nov 16
25
Voluntary exchange delisting
12 May 09
S-8
Registration of securities for employees
3 Dec 08
S-8
Registration of securities for employees
21 Apr 05
S-8
Registration of securities for employees
30 Jan 03
S-8
Registration of securities for employees
13 May 02
424B3
Prospectus supplement
26 Jun 01
424B3
Prospectus supplement
7 Jun 01
424B3
Prospectus supplement
7 Dec 00
Other
CERT
Certification of approval for exchange listing
16 Nov 20
UPLOAD
Letter from SEC
11 Jan 16
CORRESP
Correspondence with SEC
7 Jan 16
CORRESP
Correspondence with SEC
3 Jan 16
UPLOAD
Letter from SEC
13 Dec 15
UPLOAD
Letter from SEC
5 Nov 08
CORRESP
Correspondence with SEC
20 Aug 08
UPLOAD
Letter from SEC
5 Aug 08
Ownership
SC 13G/A
SMITH MIDLAND / Wax Asset Management ownership change
31 Jan 22
4
SMITH MIDLAND / ASHLEY B SMITH ownership change
13 Dec 21
4
SMITH MIDLAND / Adam Jay Krick ownership change
13 Dec 21
4
SMITH MIDLAND / RODNEY I SMITH ownership change
13 Dec 21
4
SMITH MIDLAND / WESLEY A TAYLOR ownership change
13 Dec 21
4
SMITH MIDLAND / Richard Gerhardt ownership change
13 Dec 21
4
SMITH MIDLAND / ASHLEY B SMITH ownership change
27 Oct 21
4
SMITH MIDLAND / Adam Jay Krick ownership change
27 Oct 21
4
SMITH MIDLAND / RODNEY I SMITH ownership change
27 Oct 21
4
SMITH MIDLAND / Richard Gerhardt ownership change
27 Oct 21
Reddit threads
Daily Discussion Thread - May 12th, 2022
12 May 22
Daily Discussion Thread - May 11th, 2022
11 May 22
Q1 2022 Letters & Reports
13 Apr 22
Daily Discussion Thread - March 31st, 2022
31 Mar 22
Daily Discussion Thread - March 30th, 2022
30 Mar 22
Daily Discussion Thread - March 29th, 2022
29 Mar 22
Please rate my 401k holdings, I’m very new to this and went off of my moms financial advisors advice but the past few months it seems like I’m just lighting money on fire. I am 24 years old with no debt, no expenses atm and want an aggressive strategy for growth. How does this look?
27 Jan 22
Summit Materials is undervalued, and had a great Q3 financial performance
3 Jan 22
Any thoughts on my portfolio currently on losing side
30 Dec 21
S&P 500 posts 70th record close, Dow rises for sixth straight day
29 Dec 21