Lumida
/SMID
⌘K
Smith-Midland Corp

Smith-Midland Corp

SMID
$24.49USD+1.07%+0.26 today

MARKET CAP

129.9M

P/E (TTM)

10.4x

FWD P/E

DAY RANGE

$24 – $25

52W RANGE

$24
$43

AI Summary

Stalk
TrimHigh

SMID remains in a clear Stage 4 decline with an active support failure signaling that buyers cannot absorb supply, driving lower highs and lows. The medium-term bias is bearish, favoring sell-side engagement on rallies into moving average and prior support-turned-resistance zones. Short-term conditions show price extended below key EMAs with accelerating downside momentum, so we defer execution until a pullback into resistance rather than chase the sell-off.

  • Secured $10M VDOT I-81 contract, backlog rose to $57.4M (up 6% QoQ)
  • Q2 dividend yield of 0.82% underscores consistent shareholder returns
  • Q2 2026 revenue fell 11% YoY to $23.4M; gross profit down 31% to $5.4M
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$50.6M$50.1M$59.6M$78.5M$93.4M
YoY %+15.5%-1.0%+18.8%+31.8%+19.0%
P / Sales4.9x2.1x3.5x3.0x2.1x
EV / Sales5.0x2.4x3.8x3.2x2.3x
Gross Profit, Adj.$14.4M$9.5M$10.7M$20.0M$26.0M
YoY %+30.6%-34.3%+12.5%+87.9%+30.1%
Margin %28.5%18.9%17.9%25.5%27.9%
EV / Gross Profit17.6x12.8x21.3x12.7x8.2x
EBITDA, Adj.$8.8M$3.7M$3.2M$12.6M$19.9M
YoY %+43.2%-57.7%-15.1%+296.2%+58.3%
Margin %17.5%7.5%5.3%16.0%21.3%
EV / EBITDA28.7x32.5x71.4x20.2x10.8x
EBIT$6.2M$854,000$1.1M$9.9M$17.0M
YoY %+64.1%-86.2%+30.9%+785.4%+71.7%
Margin %12.2%1.7%1.9%12.6%18.2%
EV / EBIT41.2x142.2x202.5x25.6x12.6x
Net Income$7.6M$800,000$795,000$7.7M$12.5M
YoY %+184.1%-89.4%-0.6%+865.4%+62.9%
Net Margin14.9%1.6%1.3%9.8%13.4%
EPS (GAAP)$1.45$0.15$0.15$1.45$2.36
YoY %+184.3%-89.7%+866.7%+62.8%