Smith-Midland (NASDAQ:SMID) Issues Quarterly Earnings Results

Posted by Geri Gentry on Jun 9th, 2026

Smith-Midland (NASDAQ:SMID – Get Free Report) issued its quarterly earnings results on Tuesday. The company reported $0.25 earnings per share (EPS) for the quarter, Zacks reports. Smith-Midland had a return on equity of 24.91% and a net margin of 13.37%.

Smith-Midland Trading Up 12.3%

Shares of NASDAQ SMID traded up $3.55 during midday trading on Tuesday, reaching $32.30. The company had a trading volume of 14,657 shares, compared to its average volume of 8,244. Smith-Midland has a one year low of $25.60 and a one year high of $43.66. The company has a quick ratio of 2.92, a current ratio of 3.40 and a debt-to-equity ratio of 0.07. The firm’s fifty day moving average price is $31.35 and its 200-day moving average price is $33.44. The stock has a market cap of $171.51 million, a PE ratio of 13.74 and a beta of 1.73.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on SMID shares. Weiss Ratings reissued a “hold (c)” rating on shares of Smith-Midland in a research note on Friday, March 27th. Wall Street Zen lowered Smith-Midland from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

View Our Latest Research Report on SMID

Institutional Investors Weigh In On Smith-Midland

A number of hedge funds and other institutional investors have recently modified their holdings of SMID. Tower Research Capital LLC TRC lifted its stake in shares of Smith-Midland by 495.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,787 shares of the company’s stock valued at $60,000 after acquiring an additional 1,487 shares during the last quarter. Wells Fargo & Company MN increased its holdings in Smith-Midland by 75.5% during the 4th quarter. Wells Fargo & Company MN now owns 3,039 shares of the company’s stock valued at $110,000 after purchasing an additional 1,307 shares during the period. Rhumbline Advisers increased its holdings in Smith-Midland by 9.6% during the 1st quarter. Rhumbline Advisers now owns 4,265 shares of the company’s stock valued at $133,000 after purchasing an additional 372 shares during the period. Barclays PLC increased its holdings in Smith-Midland by 8.6% during the 4th quarter. Barclays PLC now owns 4,224 shares of the company’s stock valued at $154,000 after purchasing an additional 335 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in Smith-Midland by 17.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,382 shares of the company’s stock valued at $162,000 after purchasing an additional 638 shares during the period. Institutional investors own 49.94% of the company’s stock.

About Smith-Midland

(Get Free Report)

Smith-Midland Corporation (NASDAQ: SMID) is a Virginia‐based manufacturer specializing in precast and cast‐in‐place concrete products for use in residential, commercial and infrastructure applications. Headquartered in Midland, Virginia, the company operates a primary production facility where it designs, engineers and produces a wide array of concrete components under stringent quality controls. Smith‐Midland’s products are widely used by builders, contractors and government agencies across the United States.

The company’s Construction Products Group offers an extensive portfolio of engineered solutions for transportation and site development projects.