How to Buy Smith Midland Stock
Smith Midland Corp
Smith-Midland Corporation, through its subsidiaries, invents, develops, manufactures, markets, leases, licenses, sells, and installs precast concrete products primarily for use in the construction, highway, utilities, and farming industries.
Smith Midland stock last closed at $38.00, down 0.68% from the previous day, and has increased 27.65% in one year. It has overperformed other stocks in the Building Materials industry by 0.26 percentage points. Smith Midland stock is currently +51.21% from its 52-week low of $25.13, and -26.87% from its 52-week high of $51.96.
There are currently 5.3M shares of SMID outstanding. The market cap of SMID is $201.58M. In the last 24 hours, 6000 SMID shares were traded.
How to Buy Smith Midland Stock
Not sure how to invest in Smith Midland stock? Here's how.
- Figure out where to buy Smith Midland stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Smith Midland stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Choose your method of payment and add your details.
- Evaluate Smith Midland stock: The Smith Midland ticker symbol is SMID. Is Smith Midland stock a good investment? Should you buy shares of SMID? How do SMID's underlying business fundamentals look? Do top analysts think Smith Midland is a good buy? Why has SMID's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if SMID is a good stock to buy).
- Place your SMID buy order: Decide if you will purchase SMID shares at the current market price or use a limit order to purchase SMID shares at a particular price.
- Get the latest scoop on your investment in SMID: Create a watchlist to monitor your new investment in Smith Midland stock.
Step 1: Figure out where to buy Smith Midland stock
You need an online brokerage account in order to access the NASDAQ market and buy SMID stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal information so you are able to invest in SMID stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open a new trading account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've created your account on one of the most highly reviewed stock apps, you need to deposit funds:
Watch the walkthrough below to see the process of depositing funds into your brokerage account.
Step 4: Evaluate Smith Midland stock
After you have chosen the best place to buy Smith Midland stock, it's absolutely critical to evaluate their stock before you invest, so you actually understand the risk and opportunity.
Smith Midland quick stats
Smith Midland Overview
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on SMID's stock page.
Is SMID stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge SMID's fair value.
Using relative valuations metrics:
- SMID could be undervalued based on its P/E ratio of 20.43x, relative to Building Materials industry P/E ratio of 26.82x
- SMID could be overvalued based on its P/B ratio of 4.47x, relative to Building Materials industry P/B ratio of 2.58x
- SMID may be undervalued based on its PEG ratio of 0.64x
You can access more valuation research on SMID's stock here.
SMID Financial Health Summary
Signs that SMID is financially healthy:
- There are more short-term assets than long-term liabilities on the SMID balance sheet.
- SMID profit margin has gone up from 2.9% to 11.7% in the past year.
- SMID earnings of $12.89M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the SMID balance sheet.
- SMID's operating cash flow of $8.15M allows it to safely service it's debt of $5.03M.
- Total SMID debt is lower than 5 years ago, relative to shareholder equity.
Signs that SMID is not financially healthy:
- SMID has a relatively high debt to equity ratio of 0.66.
SMID Trading Indicators
Is SMID Growing Revenue?
Last year, SMID earnings were $9.86M. In the past 5 year, SMID's earnings have gone up by 44.04% per year. This was faster than the Building Materials industry average of 15.2%.
Last year, SMID revenue was $84.45M. During the last five year, SMID's revenue has increased by 12.76% per year. This was faster than the Building Materials industry average of 6.85%.
Dive into SMID's earnings and revenue performance here.
Who is buying/selling SMID?
Over the past year, insiders at SMID have not bought or sold any shares.
Learn more about who owns SMID shares here.
Does SMID stock generate passive income?
No, Smith Midland doesn't provide an income stream by paying out dividends.
What do other traders have to say about SMID?
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your SMID buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount limit, use a limit order.
Click the Open Trade button and eToro will execute your order.
If you want more help with investing in stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your investment in SMID
Now that you own some SMID shares, you'll want to keep up with your stock purchase.
Create a watchlist to keep track of your SMID stock.
SMID Feed
How to Buy Stock in Smith Midland
To reiterate, here are the 6 steps to buy stock in Smith Midland:
- Figure out where to buy Smith Midland stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Evaluate Smith Midland stock
- Place your SMID buy order
- Get the latest scoop on your investment in SMID
If you are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Smith Midland, click the button below.
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