SMID Smith-Midland Dashboard

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

NASDAQ

Website

www.smithmidland.com

CEO

Ashley B. Smith

Incorporated

Delaware

Location

Virginia

Fiscal year end

Dec 31

Sector

Mining, Quarrying, and Oil and Gas Extraction > Other Crushed and Broken Stone Mining and Quarrying

Industry (SIC)

Concrete Products, Except Block & Brick

James Hardie Industries • Forterra • U.S. Concrete • AUSCRETE • Leep • Origin Energy ...

SEC CIK

0000924719

Corporate docs

Articles of Incorporation & Bylaws

IRS number

541727060

SMID stock data

S&P 500

1M 1Y 2Y 5Y

News

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Stocks That Hit 52-Week Highs On Tuesday

1 Jun 21

Tuesday's morning session saw 391 companies set new 52-week highs.

Stocks That Hit 52-Week Highs On Friday

28 May 21

Before 10 a.m. ET Friday, 188 stocks made new 52-week highs.

Stocks That Hit 52-Week Highs On Wednesday

26 May 21

Before 10 a.m. ET Wednesday, 129 stocks made new 52-week highs.

Stocks That Hit 52-Week Highs On Friday

21 May 21

Stocks That Hit 52-Week Highs On Monday

17 May 21

Press releases

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Smith-Midland Licenses' Jensen Precast to Manufacture J-J Hooks(R) Barrier for the California Infrastructure Market

9 Jun 21

MIDLAND, VA / ACCESSWIRE / June 9, 2021 / Smith-Midland Corporation (NASDAQ:SMID) today announces the execution of a significant milestone in the Company's strategic growth initiatives in California. Smith-Midland's

Smith-Midland Reports First Quarter 2021 Financial Results

11 May 21

MIDLAND, VA / ACCESSWIRE / May 11, 2021 / Smith-Midland Corporation (NASDAQ:SMID) provider of innovative, high-quality proprietary and patented precast concrete products and systems today announced first quarter results

Smith-Midland Announces First Quarter 2021 Earnings Results Release Date

4 May 21

MIDLAND, VA / ACCESSWIRE / May 4, 2021 / Smith-Midland Corporation (NASDAQ:SMID) (the "Company") today announced it intends to release the results of its operations for the first quarter 2021 before the market

Smith-Midland wins $5.5 million SlenderWall contract in major New York redevelopment project

14 Apr 21

Smith-Midland Reports Fourth Quarter and Full Year 2020 Results

30 Mar 21

Calendar

11 May 21

13 Jun 21

31 Dec 21

Financial summary

Financial statements Chart SMID financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Recent insider trades

SMID insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
9 Apr 21	Wesley A Taylor	Common Stock	Grant	Aquire A	No	No	171	32,838
9 Apr 21	James Russell Bruner	Common Stock	Grant	Aquire A	No	No	171	10,171
9 Apr 21	Richard Gerhardt	Common Stock	Grant	Aquire A	No	No	171	6,171
9 Apr 21	Rodney I Smith	Common Stock	Grant	Aquire A	No	No	171	686,469
9 Apr 21	Adam Jay Krick	Common Stock	Grant	Aquire A	No	No	691	10,236

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

SMID institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

19.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	13	1	+1200.0%
Opened positions	12	1	+1100.0%
Closed positions	0	1	EXIT
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	10.87M	3.88M	+180.0%
Total shares	994.74K	410.88K	+142.1%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Wax Asset Management	410.88K	$3.88M	0.0%
Punch & Associates Investment Management	223.5K	$2.67M	NEW
Needham Investment Management	137.5K	$1.65M	NEW
RBF Capital	76.65K	$917K	NEW
Vanguard	58.5K	$700K	NEW
Heritage Investors Management	49.6K	$594K	NEW
Baker Ellis Asset Management	16.25K	$194K	NEW
Bard Associates	13.28K	$159K	NEW
O'shaughnessy Asset Management	6.54K	$78K	NEW
James Investment Research	1.5K	$18K	NEW

Largest transactions	Shares	Bought/sold	Change
Punch & Associates Investment Management	223.5K	+223.5K	NEW
Needham Investment Management	137.5K	+137.5K	NEW
RBF Capital	76.65K	+76.65K	NEW
Vanguard	58.5K	+58.5K	NEW
Heritage Investors Management	49.6K	+49.6K	NEW
Baker Ellis Asset Management	16.25K	+16.25K	NEW
Bard Associates	13.28K	+13.28K	NEW
O'shaughnessy Asset Management	6.54K	+6.54K	NEW
James Investment Research	1.5K	+1.5K	NEW
Tower Research Capital	302	+302	NEW

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

The revenue items: soundwall sales, architectural panel sales, SlenderWall sales, miscellaneous wall sales, barrier rentals, and royalty income are recognized as revenue over time. The revenue items: barrier sales, Easi-Set and Easi-Span building sales, utility sales, miscellaneous sales, and shipping and installation revenue are recognized as revenue at a point in time.
Soundwall Sales – Soundwall panel sales slightly decreased by 3% in 2020 compared to 2019 due primarily to the smaller number of projects in production during 2020 at the North Carolina and South Carolina facilities as compared to 2019. The Virginia plant continues to produce soundwall for the largest soundwall contract in Company history, which was initially awarded during 2018, and for which production is expected to continue in 2021.
Architectural Sales – Architectural panel sales significantly increased by 232% in 2020 compared to 2019. The Company had one large architectural panel project begin during the first quarter 2020 with continued production through the third quarter 2020. The Company was also awarded a large architectural project which began production the fourth quarter 2020, with additional production scheduled into 2021.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: balloon, contractual, core, frequency, impairment, inception, lessor, main, Measurement, payoff, pronouncement, repayment, specialty, substantial

Removed: allocation, apply, approach, ASC, attributable, begin, calculating, cap, Codification, committed, computed, determination, dilutive, ease, enacted, entity, equity, exclude, expansion, Facilitation, flat, foreign, franchise, goodwill, hand, hedge, initial, intend, interbank, intraperiod, issuance, London, MASH, met, micro, modification, November, offered, offering, optional, permissible, permitted, placement, positively, private, reassessment, reform, remained, remeasurement, replacement, Simplifying, temporary, trading, transition, underwriting, underwritten, vested, volume, weighted, yard

From filing 10-Q 2021 Q1