Smith Midland Corp Stock Price, News & Analysis

Smith-Midland (NASDAQ:SMID) was awarded a $1.84 million contract to supply Freestanding J-J Hooks precast barriers for a Georgia Department of Transportation project in the Atlanta metro area.

Smith-Midland is partnering with Webber, a Ferrovial company. Production has begun, installation is scheduled to start in February 2026, and the overall GDOT project runs through May 2028. The company will manufacture and deliver barrier systems to support traffic control and work-zone safety during construction.

The award is described as the company’s first significant J-J Hooks barrier order in the Atlanta market and is presented as part of Smith-Midland’s strategy to expand its presence in transportation and infrastructure markets.

Smith-Midland (NASDAQ:SMID) began production of underground precast utility vaults and manholes for a new data center in Mineral, Virginia, on a contract valued at more than $1 million. All units are scheduled for delivery by the beginning of 2026 and will be manufactured at Smith-Midland's Virginia precast plant.

The scope includes cast-iron access frames and covers, including a 48-inch heavy-duty unit. Products use 5,000 psi concrete and H-20 highway traffic load ratings; custom designs are available for mission-critical applications.

Smith-Midland (NASDAQ:SMID) reported third quarter 2025 results for the period ended September 30, 2025. Revenue was $21.5 million versus $23.6 million a year earlier; product sales rose 11% to $11.9 million while service revenue fell to $9.5 million from $12.8 million. Gross margin was 26.8% and operating income was $3.6 million. Net income was $2.9 million, or $0.54 per diluted share. Cash increased to $13.4 million from $7.5 million at year-end 2024. Backlog was approximately $54.8 million as of November 1, 2025. The company expects higher product volume for the remainder of 2025 but noted some nonrecurring service projects reduced prior-year comparables.

Smith-Midland (NASDAQ:SMID) will release its third quarter 2025 financial results after market close on Thursday, November 13, 2025. CEO Ashley Smith and CFO Dominic Hunter will present at the Southwest IDEAS Conference on Thursday, November 20, 2025, with the presentation starting at 2:00 PM CT. The presentation will be webcast and accessible via the conference host website.

Qualified investors can request one-on-one meetings or more information by contacting Lacey Wesley at the provided phone number or email.

Smith-Midland (NASDAQ: SMID) announced two SlenderWall® precast contracts with a combined value of more than $2 million. One contract is for Northern Virginia Community College’s 34,000-square-foot Medical Education Campus expansion in Springfield, valued at over $1 million, with production underway and installation scheduled for November 2025. The second is a $1.2 million SlenderWall package for Central Hudson Gas & Electric’s Lake Katrine training facility, with production beginning this summer and installation set for December 2025. The company emphasized SlenderWall’s lighter weight, built-in insulation, and energy-efficiency benefits.

Smith-Midland Corporation (NASDAQ:SMID) has secured a significant contract worth over $4 million through its Concrete Safety Systems (CSS) division to provide J-J Hooks MASH barrier for the I-64 Hampton Roads Express Lanes project in New Kent County, Virginia.

The contract involves supplying precast concrete barrier and crash cushions for the Gap B portion of the I-64 widening project, which aims to expand the Interstate from two to three lanes between Central Virginia and Hampton Roads through 2026. CSS demonstrates impressive operational efficiency by installing up to 4,800 linear feet of J-J Hooks precast barrier in a single overnight shift.

Smith-Midland Corporation (NASDAQ:SMID) announced that President and CEO Ashley Smith has been named to the Virginia 500: The 2025 Power List by Virginia Business. Smith is among 30 leaders recognized in the manufacturing sector.

Smith-Midland, established in 1960, has grown to employ over 230 people across three states. The company specializes in precast concrete innovation and maintains a strong focus on employee retention. Ashley Smith serves as past chairman of the National Precast Concrete Association and contributes to various civic and educational organizations.

Smith-Midland (NASDAQ:SMID), a provider of innovative precast concrete products and systems, has announced its participation in the upcoming Midwest IDEAS Investor Conference. The presentation is scheduled for August 27, 2025, at 11:30 AM CT at The InterContinental in Chicago.

Management will host investor meetings during the conference. The presentation will be accessible via webcast through the conference website. Qualified investors interested in attending or scheduling meetings with management can contact the conference organizers.

Smith-Midland (NASDAQ:SMID) reported exceptional Q2 2025 financial results, with revenue surging 33% to $26.2 million and net income more than doubling to $4.2 million ($0.79 per diluted share). The company achieved a significant gross margin improvement of 360 basis points to 29.7%.

The quarter's success was driven by strong performance across multiple segments: Soundwall sales reached $5.2 million, barrier rental revenue increased to $5.8 million, and SlenderWall contributed $1.5 million. The company maintains a robust backlog of $54 million as of August 2025, with continued momentum from infrastructure initiatives and increasing demand for rental barriers.