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 $33.64, up 3.35% from the previous day, and has decreased 3.36% in one year. It has overperformed other stocks in the Building Materials industry by 0.06 percentage points. Smith Midland stock is currently +34.4% from its 52-week low of $25.03, and -35.26% from its 52-week high of $51.96.
There are currently 5.3M shares of SMID outstanding. The market cap of SMID is $178.45M. In the last 24 hours, 5959 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 27.57x, relative to Building Materials industry P/E ratio of 28.82x
- SMID could be overvalued based on its P/B ratio of 4.42x, relative to Building Materials industry P/B ratio of 2.87x
- SMID may be overvalued based on its PEG ratio of 1.51x
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 1% to 8.5% in the past year.
- SMID earnings of $8.80M 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 $10.07M allows it to safely service it's debt of $5.29M.
- 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 0.65.
SMID Trading Indicators
Is SMID Growing Revenue?
Last year, SMID earnings were $6.51M. In the past 5 year, SMID's earnings have gone up by 24.99% per year. This was faster than the Building Materials industry average of 13.37%.
Last year, SMID revenue was $76.37M. During the last five year, SMID's revenue has increased by 10.69% per year. This was faster than the Building Materials industry average of 6.72%.
Dive into SMID's earnings and revenue performance here.
Who is buying/selling SMID?
Over the past year, insiders at SMID have sold more shares than they have bought.
Richard Gerhardt, Director of SMID, was the latest SMID insider to sell. They sold $48,691.00 worth of SMID stock on Jun 14, 2024.
Get more info about who owns SMID stock here.
Does SMID provide a stable income stream?
No, Smith Midland doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your SMID buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount, use a limit order.
Click the Open button and your broker will execute the order.
If you need additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your investment in SMID
Now that you own some SMID stock, you'll want to keep up with your new investment.
Create a watchlist to track your SMID stock.
SMID Feed
How to Buy Stock in Smith Midland
To summarize, here are the 6 steps for buying Smith Midland stock:
- 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 require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Smith Midland, click below.
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