SMID
Smith-Midland Corporation
There isn't enough reported data to score SMID yet.
SMID Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Stable | |
| Unavailable | |
| Strong |
SMID's balance sheet is currently strong, and its profitability is stable, but its revenue is under pressure. There isn't enough data to rate its cash flow.
SMID PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 14x | $20.40 | — |
| Cheap | 15x | $22.32 | +9.4% |
| Fair | 27x | $39.11 | +92% |
| Expensive | 135x | $197 | +867% |
Historical ranges are pointers, not guarantees.
SMID's PE is 14x, but its earnings don't support one, so it isn't a reliable read right now.
SMID Forward outlook
There aren't enough analyst estimates for SMID to show an outlook.
SMID Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $1.46 | -36% |
| Q1 2026 | $1.99 | +7% |
| Q4 2025 | $2.36 | +63% |
| Q3 2025 | $2.23 | +84% |
| Q2 2025 | $2.28 | +165% |
| Q1 2025 | $1.86 | +447% |
| Q4 2024 | $1.45 | +867% |
| Q3 2024 | $1.21 | +1000% |
SMID earned $1.46 per share over the past year, down 36% from the year before.
SMID Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $23.4M | -11% |
| Q1 2026 | $21.6M | -5% |
| Q4 2025 | $23.1M | +25% |
| Q3 2025 | $21.5M | -9% |
| Q2 2025 | $26.2M | +33% |
| Q1 2025 | $22.7M | +35% |
| Q4 2024 | $18.5M | +13% |
| Q3 2024 | $23.6M | +51% |
SMID's revenue has held roughly level: $23M last quarter, down 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q1 2026 | 8% | -11 points |
| Q4 2025 | 14% | +3.9 points |
| Q3 2025 | 18% | +1.6 points |
| Q1 2025 | 19% | +10 points |
| Q4 2024 | 10% | +6.8 points |
| Q3 2024 | 16% | +6.7 points |
| Q2 2024 | 14% | +20 points |
| Q1 2024 | 9% | +8.6 points |
SMID's operating margin was 8% last quarter, down 2.1 points from the same quarter a year ago.
SMID Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q1 2026 | $1.5M | -7.5% |
| Q4 2025 | -$1.4M | -$64K |
| Q3 2025 | $6.3M | +245% |
| Q1 2025 | $1.6M | +$4.2M |
| Q4 2024 | -$1.3M | -138% |
| Q3 2024 | $1.8M | +50% |
| Q2 2024 | $998K | +21% |
| Q1 2024 | -$2.6M | +$147K |
SMID's free cash flow has turned positive again: $8M over the past year, against −$1M the year before.
SMID Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | 0% | +2K shares |
| 3 years | +1.5% | +76K shares |
SMID has 5M diluted shares, about the same as a year ago.
SMID Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2025 | -0.3x | Net Cash |
| Q4 2024 | -0.2x | Net Cash |
| Q3 2024 | 0.1x | Very low |
| Q2 2024 | 0.4x | Very low |
| Q1 2024 | 0.8x | Very low |
| Q4 2023 | -1.0x | Net Cash |
| Q3 2023 | 1.7x | Healthy |
| Q2 2023 | 3.8x | Elevated |
SMID has more cash than debt.
SMID Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.1 | Neutral |
| Stochastic | 29.1 | Neutral |
SMID's weekly RSI is 37 (neutral) and its Stochastic is 29 (neutral).
SMID PE vs Basic Materials Sector
| Metric | SMID | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 19x | 25% below |
| PE % | 6 | 40 | 34 pts below |
SMID is trading at 14x earnings, a 25% discount to the Basic Materials sector's median of 19x, though its earnings don't support one.
SMID Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $22.7 | 10% below |
| 20 week MA | $25.6 | 20% below |
| 50 week MA | $30.2 | 32% below |
| 100 week MA | $33.1 | 38% below |
| 200 week MA | $31.4 | 35% below |
SMID is in a downtrend: it's below all five of its weekly moving averages, and 35% below its 200-week average.
SMID Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $6.20 | $9.08 | +46% |
| 2021 | $9.08 | $47.0 | +418% |
| 2022 | $47.0 | $21.5 | -54% |
| 2023 | $21.5 | $39.5 | +84% |
| 2024 | $39.5 | $44.3 | +12% |
| 2025 | $44.3 | $35.2 | -21% |
| 2026 YTD | $35.2 | $20.4 | -42% |
SMID's yearly returns have swung widely, from +418% in 2021 to −54% in 2022. It's down 42% so far in 2026.