SMITH MIDLAND CORP
Close on Oct 19, 2026
- Market cap
- $117.02M
- P/E (TTM)
- 9.3
- Dividend yield
- –
About Smith Midland
Concrete Products, Except Block & Brick, SIC 3272
Smith-Midland Corporation invents, develops, manufactures, leases, licenses, sells, and installs precast concrete products and systems through six wholly owned subsidiaries. The company serves the construction, highway, utilities, and agricultural sectors. Key offerings include SlenderWall exterior architectural wall panels, J-J Hooks roadway safety barriers, Sierra Wall sound and retaining barriers, SoftSound noise-absorptive finishes, and Easi-Set and Easi-Span relocatable precast buildings. Additional products encompass utility vaults, erosion control units, and farm equipment such as cattleguards and feeding troughs. Customers are primarily general contractors and transportation authorities across local, state, and federal levels.
The business is headquartered in Midland, Virginia, where it operates its primary production plant alongside a dedicated rental barrier storage yard. Additional manufacturing facilities are located in Reidsville, North Carolina, and Hopkins, South Carolina. Operations employ 285 workers across these locations. Its precast sales and rental operations primarily target the Mid-Atlantic, Midwestern, Northeastern, and Southeastern United States, while its licensing operations extend across the country and into international markets including Canada, Australia, New Zealand, Belgium, Mexico, and Trinidad.
Summary of the business section of Smith Midland's latest annual report, written by StockData.
Company profile
Company
- Legal name
- SMITH MIDLAND CORP
- Founded
- 1960
- Headquarters
- Midland, VA
- Address
- Route 28, P O Box 300 22728
- Phone
- (540) 439-3266
- Employees
- 285, Dec 31, 2025
- Industry
- Concrete Products, Except Block & Brick
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- BDO USA, P.C., Richmond, Virginia
Stock & identifiers
- Ticker
- SMID
- Exchange
- Nasdaq
- IPO date
- Dec 13, 1995
- Shares outstanding
- 5M, Aug 1, 2026
- Public float
- $93.07M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- SEC CIK
- 924719
- CUSIP
- 832156103
- ISIN
- US8321561032
- EIN
- 54-1727060
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Ashley B. Smith | Chief Executive Officer, Director | 173,042 |
| Dominic L. Hunter | Chief Financial Officer | 408 |
| Matthew I. Smith | Director | 12,205 |
| James Russell Bruner | Director | 7,008 |
| de Water Read Van | Director | 414 |
| Richard Gerhardt | Director | 7,206 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $628.28K | $628.28K | $187.47K | $177000 | – |
| FY2024 | $473.49K | $433.83K | $133.31K | $217000 | – |
| FY2023 | $365.19K | $665.97K | $163.58K | $193000 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of March 3, 2026, the Company had a total of 285 employees, of which 179 are full-time, 9 are part-time, and 97 are contract labor, with 186 located at the Company’s Midland, Virginia facility, 46 are located at the Company’s facility in Reidsville, North Carolina and 53 are located at the Company’s facility in Hopkins (Columbia), South Carolina.”
Corporate history
Events identified from SEC filings