Smith-Midland Corporation (SMID)
NASDAQ (CM) NASDAQ (CM) Primary 
SMID Stock Falls After Reporting Weak Q3 Earnings and Softer Rentals
Smith-Midland shares decline as mixed Q3 earnings show stronger product sales but weaker barrier rentals, shaping a cautious outlook for the rest of 2025.
3 Rising Stocks in Active SMID-Cap ETF TMSL
Entering 2025, one of the biggest market narratives investors faced was concentration risk. Despite tariffs coming and going with speed and stagflation a looming specter, concentration risk and the need for diversification continue to linger.
Smith-Midland Rental Business Is Impressive, And Price Is Fair Even If Not Opportunistic
Smith-Midland's strong 2Q25 results were driven by high-margin highway barrier rentals, with impressive OpEx leverage and expanding gross margins. Revenue growth is almost entirely from barrier rentals, but future durability depends on continued government infrastructure spending and potential competition. Management expects 2H25 to be weaker due to non-recurring projects, though the company is expanding barrier inventory for future growth.
Smith-Midland Q2 Earnings Double Y/Y on Record Revenues, Stock Rises
SMID posts record Q2 revenues, doubles profit, and outpaces the S&P 500 with strong barrier rentals, soundwall sales and growing backlog.
Smith-Midland Q1 Earnings Soar Y/Y on Strong Barrier Rental Demand
SMID posts strong Q1 results with net income nearly tripling and shares rising 27% in a month, driven by booming barrier rentals and service revenues.
Allspring Launches Trio of Actively Managed ETFs
On Tuesday, Allspring Global Investments expanded its ETF collection with the launch of three new funds. Each of these funds are actively managed.
Smith-Midland Posts Y/Y Earnings Rise in 2024 on Strong Product Demand
SMID reports record 2024 results, with revenues rising 32% y/y, driven by strong product demand and a strategic shift toward higher-margin barrier rentals.
Why SMID Cap ETFs Make Sense in a Falling-Rate Environment
Small- and mid-cap (SMID cap) ETFs have seen strong flows recently, making it important that investors fully understand why moving down the cap spectrum can make sense in a falling rate environment. In short, small-and mid-cap stocks, or SMID caps, are more sensitive to interest rates and economic conditions than larger companies.
Navigate the SMID Cap Space With Active ETFs
While many investors seem fixated on the mega cap equities, one would be remiss to ignore the immense potential of SMID caps. There are more than a few reasons why SMID caps currently offer an attractive investment option.
Smith-Midland Q3 Earnings Skyrocket 146% Y/Y, Revenues Soar 51%
Smith-Midland posts Q3 revenues of $23.6 million, driven by service growth and higher margins, boosting earnings per share to 59 cents.
Smith-Midland to Present and Host 1x1 Investor Meetings at the 16th Annual Southwest IDEAS Investor Conference on November 21st
MIDLAND, VA / ACCESSWIRE / November 15, 2024 / Smith-Midland Corporation (NASDAQ:SMID), a provider of innovative, high-quality proprietary and patented precast concrete products and systems today announced Ashley Smith, Chairman and Chief Executive Officer of Smith-Midland, will present at the Southwest IDEAS Investor Conference on Thursday, November 21, 2024 at The Statler in Dallas, TX. The company's presentation is scheduled to begin at 10:00am CT.
Smith-Midland Reports Third Quarter 2024 Financial Results
Record Quarterly Revenue of $23.6 Million, 51 Percent Increase from Prior Year MIDLAND, VA / ACCESSWIRE / November 14, 2024 / Smith-Midland Corporation (NASDAQ:SMID) a provider of innovative, high-quality proprietary and patented precast concrete products and systems today announced its third quarter results for the period ended September 30, 2024. Third Quarter 2024 Summary (compared to comparable prior-year quarter) Revenue increased 51 percent to $23.6 million Product sales of $10.8 versus $10.9 million Service revenue increased 170 percent to $12.8 million Operating income of $3.8 million, compared to $1.5 million Net income of $3.2 million, or $0.59 per diluted share, compared to $1.3 million or $0.24 per diluted share Awarded provisional patent and successfully crash tested J-J Hook MASH 16 Low-Profile Barrier "Our third quarter was a record-setter for both revenue and net income, driven by the tailwinds within our sector and multiple special barrier projects, occurring and completed in the quarter, which have a more favorable margin profile," said Ashley Smith, Chairman and Chief Executive Officer of Smith-Midland.
