Smith-Midland Corporation (SMID)
NASDAQ (CM) NASDAQ (CM) Primary 
Comparing SMID INTL Equity ETFs: Sell GWX, Buy DFIS
International Small Cap stocks currently offer better valuation compared to US Small-Cap stocks, as indicated by ETF comparisons. GWX ranks last in the Foreign Small/Mid Blend category, earning a Strong Sell rating due to poor relative performance. DFIS, the top-ranked ETF gets a Buy rating. This article reviews both GWX's and DFIS's current holdings, and then explores the reason why their returns vary so much.
Diversify Your SMID Exposure With Actively-Managed NBSM
Investors looking to the potential of small- and midcap (SMID) performance in a declining rate environment would do well to consider the Neuberger Berman Small-Mid Cap ETF (NBSM). The actively managed fund offers diversified exposure when compared to the Russell 2500 Index benchmark.
More Than Rate Cut Hype: This SMID-Cap ETF Offers Long-Term Upside
Many investors likely recognize by now the brightened outlook that rate cuts have provided for SMID-cap and midcap equities. That's been borne out by some recent upswings for those categories.
Look to This Outperforming SMID-Cap ETF as Rate Cuts Loom
The rate-cut story looks better and better, seemingly by the week. While markets are not in the business of locked-in future predictions, many investor eyes are locked on the potential for cuts.
Smith-Midland (SMID) Earnings & Revenues Rise Y/Y in Q2
Increased production and higher sales volumes across multiple product lines aid Smith-Midland's (SMID) earnings in Q2.
Smith-Midland Reports Second Quarter 2024 Financial Results
Quarterly Revenue Increased 32% to Record $19.5 Million MIDLAND, VA / ACCESSWIRE / August 14, 2024 / Smith-Midland Corporation (NASDAQ:SMID) a provider of innovative, high-quality proprietary and patented precast concrete products and systems today announced its second quarter results for the period ended June 30, 2024. Second Quarter 2024 Summary (compared to prior-year second quarter) Revenue increased 34 percent to $19.6 million Product sales increased 23 percent to $13.1 million Service revenue increased 63 percent to $6.5 million Operating income of $2.7 million, compared to loss of ($981,000) Net income of $2.0 million, or $0.37 per diluted share compared to net loss of ($782,000) or ($0.15) per share Awarded $7.5 million contract from Georgia Department of Transportation Added to Russell 2000 and 3000 stock indexes "Our second quarter performance included a record for quarterly revenue and our best net income since the first quarter of 2021," said Ashley Smith, Chairman and Chief Executive Officer of Smith-Midland.
3 Funds for Bullish SMID Investors
Small cap stocks experienced a flux of inflows in mid-July as investor rate cut hopes soared. Fidelity offers three actively managed ETFs for investors looking for opportunity in the SMID (small and mid cap) space.
This Active SMID-Cap ETF Doubled Its AUM in Just 6 Months
Active ETFs are continuing to grow their share of ETF and active assets this year, contributing significantly to the growth of ETFs overall. Active strategies offer some real synergies with the ETF wrapper, but not all active ETFs are the same.
Fill Gaps in SMID-Cap Exposure With XMHQ and XSHQ
Investors may want to consider filling any gaps in smid-cap exposure. Many investors may be missing out on the growth potential mid- and small-cap companies.
This SMID Cap ETF Outperformed SPY Over the Last Month
SPY may be the landmark ETF many investors know about, but it isn't the be-all, end-all in the space. Plenty of ETFs can complement the strategy, offering a different view away from the mega-cap-heavy S&P 500.
Easi-Set Worldwide Develops New J-J Hook(TM) MASH 16 Low-Profile Barrier
MIDLAND, VA / ACCESSWIRE / July 8, 2024 / Easi-Set Worldwide a subsidiary of Smith-Midland Corporation (NASDAQ:SMID), has developed a J-J Hook™ Low-Profile Portable Concrete Barrier. The Company has been issued a provisional patent from the US Patent Office, has successfully crash-tested the barrier to the MASH 16 TL2 guidelines, and obtained a Federal Highway Association (FHWA) Letter of Eligibility (B-379).
Zacks Initiates Coverage of Smith-Midland With Neutral Recommendation
Discover why Zacks rates Smith-Midland (SMID) as "Neutral," being the first on Wall Street to initiate the coverage of the stock. Explore SMID's robust revenue growth and operational improvements amid significant risks, including rising material costs and dependency on a single customer.
