Smith-Midland (SMID)

Company Profile

Smith-Midland develops, manufactures, licenses, rents, and sells a broad array of precast concrete products for use primarily in the construction, transportation and utilities industries.

Company profile

Ticker

SMID

Exchange

NASDAQ

Website

smithmidland.com

CEO

Ashley B. Smith

Incorporated

Delaware

Location

Virginia

Fiscal year end

Dec 31

Sector

Mining, Quarrying, and Oil and Gas Extraction > Other Crushed and Broken Stone Mining and Quarrying

Industry (SIC)

Concrete Products, Except Block & Brick

James Hardie Industries • Forterra • U.S. Concrete • AUSCRETE • Leep • Origin Energy ...

SEC CIK

0000924719

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

IRS number

541727060

SMID stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

8-K

Changes in Registrant's Certifying Accountant

31 May 23

8-K

Smith-Midland Reports First Quarter 2023 Financial Results

15 May 23

Smith-Midland Reports Fourth Quarter and Year End 2022 Financial Results

17 Apr 23

Notice of late annual filing

3 Apr 23

8-K

Amendments to Articles of Incorporation or Bylaws

10 Feb 23

8-K

Smith-Midland Announces Chief Financial Officer Transition

14 Dec 22

8-K

Smith-Midland Reports Third Quarter 2022 Financial Results

3 Nov 22

Latest ownership filings

View all

WESLEY A TAYLOR

9 Jun 23

144

Notice of proposed sale of securities

8 Jun 23

SC 13D/A

THOMPSON DAVIS & CO., INC.

Financial summary

Financial statements Chart SMID financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	3.94 mm	3.94 mm	3.94 mm	3.94 mm	3.94 mm	3.94 mm
Cash burn (monthly)	930.00 k	906.83 k	(no burn)	(no burn)	518.33 k	558.00 k
Cash used (since last report)	2.15 mm	2.10 mm	n/a	n/a	1.20 mm	1.29 mm
Cash remaining	1.78 mm	1.84 mm	n/a	n/a	2.74 mm	2.64 mm
Runway (months of cash)	1.9	2.0	n/a	n/a	5.3	4.7

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

SMID institutional ownership history Ownership history

39.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	29	24	+20.8%
Opened positions	7	1	+600.0%
Closed positions	2	4	-50.0%
Increased positions	8	5	+60.0%
Reduced positions	7	10	-30.0%

13F shares	Current	Prev Q	Change
Total value	40.07 bn	51.88 mm	+77146.6%
Total shares	2.07 mm	1.94 mm	+6.6%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Thompson Davis & Co.	1.07 mm	$21.94 bn	+5.0%
Bard Associates	222.99 k	$4.57 bn	+0.1%
Vanguard	189.25 k	$3.88 bn	+0.2%
Needham Investment Management	146.10 k	$3.00 bn	0.0%
RBF Capital	76.65 k	$1.57 bn	0.0%
CI Private Wealth	61.25 k	$1.26 bn	NEW
Heritage Investors Management	42.40 k	$869.00 k	-0.0%
Rice Hall James & Associates	42.17 k	$864.49 mm	+3.9%
Geode Capital Management	38.17 k	$782.00 k	+2.9%
King Luther Capital Management	23.96 k	$491.20 mm	0.0%

Largest transactions	Shares	Bought/sold	Change
CI Private Wealth	61.25 k	+61.25 k	NEW
Thompson Davis & Co.	1.07 mm	+50.90 k	+5.0%
Caldwell Sutter Capital	18.41 k	+18.41 k	NEW
STT State Street	13.11 k	+13.11 k	NEW
Renaissance Technologies	0.00	-9.70 k	EXIT
Citadel Advisors	0.00	-9.45 k	EXIT
Diamond Hill Capital Management	21.01 k	-6.45 k	-23.5%
FNY Investment Advisers	5.00 k	+5.00 k	NEW
GWM Advisors	3.81 k	+3.81 k	NEW
BK Bank Of New York Mellon	11.16 k	-3.33 k	-23.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

SMID insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
8 Jun 23	Wesley A Taylor	Common Stock	Sell	Dispose S	No	No	17.567	3,700	65.00 k	28,477
7 Jun 23	Wesley A Taylor	Common Stock	Sell	Dispose S	No	No	17.44	1,300	22.67 k	32,177
8 Dec 22	Richard Gerhardt	Common Stock	Payment of exercise	Dispose F	No	No	19.754	444	8.77 k	6,708
8 Dec 22	Adam Jay Krick	Common Stock	Payment of exercise	Dispose F	No	No	19.8577	1,087	21.59 k	10,536
8 Dec 22	Smith Ashley B	Common Stock	Payment of exercise	Dispose F	No	No	19.8577	1,300	25.82 k	195,626