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Smith-Midland (SMID) Stock News

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Welcome to our dedicated page for Smith-Midland news (Ticker: SMID), a resource for investors and traders seeking the latest updates and insights on Smith-Midland stock.

Smith-Midland Corporation develops, manufactures, licenses, rents, sells and installs proprietary and patented precast concrete products and systems for construction, transportation and utility markets. Its updates commonly cover SlenderWall® architectural cladding, SoftSound® noise wall systems, J-J Hooks® precast barriers, utility vaults, Easi-Set and Easi-Span buildings, and barrier rental activity.

Company news also reports contract awards for highway, public-infrastructure, data-center and building projects, along with revenue trends, product sales, shipping and installation activity, backlog, and financial reporting matters tied to its annual and quarterly results.

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Smith-Midland (SMID) has secured a $2.2 million contract to manufacture and supply SlenderWall® architectural precast panels, precast components, and stair systems for a new operations and office facility at Newport News Shipbuilding in Newport News, Virginia.

The facility will support U.S. Navy aircraft carrier inactivation programs and provide operational headquarters and workspace for shipbuilders and naval personnel. Smith-Midland will produce the precast products at its Midland, Virginia plant, with production scheduled to begin in October 2026 and installation expected to start in November 2026. The company states that the project reinforces its strategy to expand in mission-critical, government, and industrial construction markets.

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Smith-Midland (NASDAQ: SMID) has been awarded a $2.2 million contract to manufacture and supply its SlenderWall® architectural precast wall system for the new U.S. Coast Guard Clinic and Visitors Center in Charleston, South Carolina, adding to its government and military project portfolio.

The project will use white and gray acid-etched SlenderWall® panels produced at the Virginia plant, with production expected to start in April 2027 and installation in November 2027. According to Smith-Midland, the lightweight, durable system supports resilient, energy-efficient construction for mission-critical federal facilities.

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Smith-Midland (NASDAQ: SMID) announced that management will present at the Midwest IDEAS Investor Conference in Chicago, IL on Thursday, August 27, 2026. The presentation is scheduled for 11:15 a.m. CT and will be available via webcast through the conference host’s main website.

According to Smith-Midland, qualified investors can contact the conference organizers for participation details. The company develops, manufactures, licenses, rents, and sells a range of precast concrete products and systems serving construction, transportation, and utility markets.

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Smith-Midland (NASDAQ: SMID) reported second quarter 2026 revenue of $23.4 million, down from $26.2 million a year earlier, with gross profit of $5.4 million versus $7.8 million and gross margin of 23.2% compared to 29.7%. Operating income was $2.0 million, and net income was $1.4 million ($0.26 per diluted share), down from $4.2 million ($0.79 per share) in Q2 2025.

Product sales were $11.2 million and service revenue $12.2 million. Barrier sales rose to $2.8 million, while utility product sales increased 126% to $2.0 million. According to Smith-Midland, backlog reached $57.4 million as of August 1, 2026, up from $54 million a year earlier, supported by new awards including a $10 million I-81 contract with the Virginia Department of Transportation and additional data center projects. Cash stood at $10.7 million and debt at $4.1 million as of June 30, 2026.

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Smith-Midland (NASDAQ:SMID) has secured an approximately $10 million transportation infrastructure contract to supply precast concrete SoftSound® sound wall panels, retaining wall components, and pre-stressed columns for VDOT improvements along Interstate 81 near Roanoke, Virginia. The company describes this as the third-largest project in its history.

According to Smith-Midland, production for the I-81 corridor improvements will run from mid-2027 through 2029, reinforcing its longstanding relationship with VDOT and expanding its transportation portfolio through collaboration with Triton Construction.

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Smith-Midland (NASDAQ:SMID) announced a $1.7 million contract to manufacture and deliver multiple sizes of precast concrete utility vaults for a data center project in northern Louisiana. Production is underway at its Midland, Virginia facility, with deliveries scheduled through the end of 2026.

According to Smith-Midland, the project is located over 1,000 miles from its plant and was awarded by a repeat customer based on product quality, reliability, and manufacturing expertise. The company said the contract highlights its ability to serve infrastructure projects beyond its traditional Mid-Atlantic markets and supports its strategic growth initiatives in precast solutions for critical data center utility systems.

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Smith-Midland (NASDAQ: SMID) reported that production is underway on underground precast utility vaults and manholes valued at almost $1 million for a new data center near Fredericksburg, Virginia. The products are being manufactured at the company’s Virginia precast plant, with deliveries scheduled throughout 2026.

The precast vaults will house the facility’s electrical and telecom lines, supporting reliable power and connectivity. Smith-Midland highlights its standard and custom-engineered vault offerings using 5,000 psi concrete, designed for H-20 highway loading, and notes continued strength and opportunities in the data center and critical infrastructure markets.

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Smith-Midland (NASDAQ:SMID) was awarded three Virginia transportation projects totaling over $2.7 million. The contracts cover more than 100,000 linear feet of SoftSound absorptive noise walls, SoundWall panels, posts, and retaining wall systems for major roadway improvements.

Production at the Midland, VA plant will run later 2026 into early 2027.

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Smith-Midland (NASDAQ:SMID) reported first quarter 2026 revenue of $21.6 million, down from $22.7 million, as high-margin barrier rental projects did not repeat.

Product sales rose 29% to $11.8 million, net income was $1.3 million ($0.25/share), cash was $13.2 million, and backlog was about $48.1 million as of May 2025.

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Smith-Midland (NASDAQ:SMID) will present at the 16th Annual East Coast IDEAS Investor Conference at The Westin Times Square in New York, NY on Thursday, June 11, 2026.

The presentation begins at 3:20 p.m. ET, includes 1x1 investor meetings, and will be available via webcast on the conference host’s website.

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FAQ

What is the current stock price of Smith-Midland (SMID)?

The current stock price of Smith-Midland (SMID) is $24.22 as of September 19, 2026.

What is the market cap of Smith-Midland (SMID)?

The market cap of Smith-Midland (SMID) is approximately 128.5M.