Smith Midland Corp Stock Today
| SMID Stock | USD 36.79 0.82 2.18% |
Performance0 of 100
| Odds Of DistressLess than 4
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Smith Midland is trading at 36.79 as of the 25th of April 2024, a -2.18 percent decrease since the beginning of the trading day. The stock's lowest day price was 36.4. Smith Midland has only four percent chance of going through some form of financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for Smith Midland Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Materials | IPO Date 13th of December 1995 | Category Basic Materials |
Smith-Midland Corporation, through its subsidiaries, invents, develops, manufactures, markets, leases, licenses, sells, and installs precast concrete products primarily for use in the construction, highway, utilities, and farming industries. Smith-Midland Corporation was incorporated in 1960 and is based in Midland, Virginia. The company has 5.26 M outstanding shares of which 74.02 K shares are at this time shorted by private and institutional investors with about 2.24 trading days to cover. More on Smith Midland Corp
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Smith Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Smith Midland's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Smith Midland or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Co-Founder, Chairman and CEO | Rodney Smith | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Construction Materials, Building Materials, Basic Materials, NASDAQ Composite, Materials, Construction Materials, Building Materials, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Smith Midland report their recommendations after researching Smith Midland's financial statements, talking to executives and customers, or listening in on Smith Midland's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Smith Midland Corp. The Smith consensus assessment is calculated by taking the average forecast from all of the analysts covering Smith Midland. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Smith Midland's historical financial statements, Smith Midland Corp is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of Smith Midland Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Smith Midland's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Smith Midland's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Smith Midland's financial leverage. It provides some insight into what part of Smith Midland's total assets is financed by creditors.
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Smith Midland Corp (SMID) is traded on NASDAQ Exchange in USA. It is located in 5119 Catlett Road, Midland, VA, United States, 22728 and employs 178 people. Smith Midland is listed under Construction Materials category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 197.73 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Smith Midland's market, we take the total number of its shares issued and multiply it by Smith Midland's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Smith Midland Corp conducts business under Construction Materials sector and is part of Materials industry. The entity has 5.26 M outstanding shares of which 74.02 K shares are at this time shorted by private and institutional investors with about 2.24 trading days to cover.
Smith Midland Corp currently holds about 12.43 M in cash with 462 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.41.
Check Smith Midland Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Smith Midland is $197.73 Million. 30% of Smith Midland Corp outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the company is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Smith Ownership Details
Smith Stock Price Odds Analysis
What are Smith Midland's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Smith Midland jumping above the current price in 90 days from now is about 85.33%. The Smith Midland Corp probability density function shows the probability of Smith Midland stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.6462. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Smith Midland will likely underperform. Additionally, smith Midland Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Smith Midland to move above the current price in 90 days from now is about 85.33 (This Smith Midland Corp probability density function shows the probability of Smith Stock to fall within a particular range of prices over 90 days) .
Smith Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Smith Midland that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Smith Midland's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Smith Midland's value.| Instituion | Recorded On | Shares | |
| Renaissance Technologies Corp | 2023-12-31 | 16.8 K | |
| Millennium Management Llc | 2023-12-31 | 15.6 K | |
| State Street Corporation | 2023-12-31 | 13.7 K | |
| Bank Of America Corp | 2023-12-31 | 13.6 K | |
| Northern Trust Corp | 2023-12-31 | 13.2 K | |
| Jane Street Group, Llc | 2023-12-31 | 12.5 K | |
| Intrust Bank Na | 2023-12-31 | 12.1 K | |
| Buckingham Capital Management, Inc | 2023-12-31 | 10 K | |
| Diamond Hill Capital Management Inc | 2023-12-31 | 9.3 K | |
| Thompson Davis & Co Inc | 2023-12-31 | 1.4 M | |
| Bard Associates Inc | 2023-12-31 | 203.5 K |
Smith Midland Historical Income Statement
Smith Midland Corp Income Statement is one of the three primary financial statements used for reporting Smith's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Smith Midland Corp revenue and expense. Smith Midland Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Smith Midland's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 1.6 M, whereas Total Revenue is forecasted to decline to about 31.5 M. View More FundamentalsSmith Stock Against Markets
Picking the right benchmark for Smith Midland stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Smith Midland stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Smith Midland is critical whether you are bullish or bearish towards Smith Midland Corp at a given time. Please also check how Smith Midland's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Smith Midland without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Positions RatingsDetermine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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Smith Midland Corporate Directors
Smith Midland corporate directors refer to members of a Smith Midland board of directors. The board of directors generally takes responsibility for the Smith Midland's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Smith Midland's board members must vote for the resolution. The Smith Midland board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| James Bruner | Independent Director | Profile | |
| G Borst | Independent Director | Profile | |
| Wesley Taylor | VP of Admin., Secretary, Treasurer and Director | Profile | |
| Richard Gerhardt | Independent Director | Profile |
How to buy Smith Stock?
Before investing in Smith Midland, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Smith Midland. To buy Smith Midland stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Smith Midland. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Smith Midland stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Smith Midland Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Smith Midland Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Smith Midland Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Smith Stock please use our How to Invest in Smith Midland guide.
Already Invested in Smith Midland Corp?
The danger of trading Smith Midland Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Smith Midland is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Smith Midland. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Smith Midland Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Smith Midland Corp is a strong investment it is important to analyze Smith Midland's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Smith Midland's future performance. For an informed investment choice regarding Smith Stock, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Midland Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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When running Smith Midland's price analysis, check to measure Smith Midland's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Smith Midland is operating at the current time. Most of Smith Midland's value examination focuses on studying past and present price action to predict the probability of Smith Midland's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smith Midland's price. Additionally, you may evaluate how the addition of Smith Midland to your portfolios can decrease your overall portfolio volatility.
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Is Smith Midland's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Smith Midland. If investors know Smith will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Smith Midland listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 252.968 | Earnings Share 0.11 | Revenue Per Share 10.981 | Quarterly Revenue Growth 0.309 | Return On Assets 0.0056 |
The market value of Smith Midland Corp is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Midland's value that differs from its market value or its book value, called intrinsic value, which is Smith Midland's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Smith Midland's market value can be influenced by many factors that don't directly affect Smith Midland's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Smith Midland's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Midland is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Midland's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.