NASDAQ:SMBK

SmartFinancial (SMBK) Stock Price, News & Analysis

$20.66
-0.18 (-0.86%)
(As of 04/26/2024 ET)
Today's Range
$20.39
$21.02
50-Day Range
$19.09
$22.68
52-Week Range
$18.86
$25.98
Volume
41,176 shs
Average Volume
33,517 shs
Market Capitalization
$352.46 million
P/E Ratio
13.24
Dividend Yield
1.55%
Price Target
$25.40

SmartFinancial MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
22.9% Upside
$25.40 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.17mentions of SmartFinancial in the last 14 days
Based on 28 Articles This Week
Insider Trading
Selling Shares
$51,782 Sold Last Quarter
Proj. Earnings Growth
13.76%
From $1.89 to $2.15 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.47 out of 5 stars

Finance Sector

434th out of 849 stocks

National Commercial Banks Industry

51st out of 83 stocks

SMBK stock logo

About SmartFinancial Stock (NASDAQ:SMBK)

SmartFinancial, Inc. operates as the bank holding company for SmartBank that provides various financial services to individuals and corporate customers in Tennessee, Alabama, and Florida. It operates through Commercial Real Estate, Consumer Real Estate, Construction and Land Development, Commercial and Industrial, Leases, and Consumer and Other segments. The company offers noninterest-bearing and interest-bearing checking, interest-bearing demand, savings, money market, time deposit, individual retirement accounts, as well as certificates of deposit. It also provides commercial and residential real estate, consumer real estate, and construction and land development loans; commercial and financial loans and leases; commercial business and mortgage loans; and direct consumer installment, educational, agriculture, and other revolving credit loans; equipment financing, heavy equipment, semis, and trailers loans and leases to small and mid-size companies; letters of credit; and overdraft facilities. In addition, the company offers wealth management, insurance, mortgage origination, and internet and mobile banking services. SmartFinancial, Inc. is headquartered in Knoxville, Tennessee.

SMBK Stock Price History

SMBK Stock News Headlines

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What 4 Analyst Ratings Have To Say About SmartFinancial
Q1 2024 SmartFinancial Inc Earnings Call
KBW Gives a Hold Rating to SmartFinancial (SMBK)
See More Headlines
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Company Calendar

Last Earnings
1/22/2024
Ex-Dividend for 2/20 Dividend
2/01/2024
Dividend Payable
2/20/2024
Today
4/26/2024
Ex-Dividend for 5/28 Dividend
5/09/2024
Dividend Payable
5/28/2024
Next Earnings (Estimated)
7/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:SMBK
Previous Symbol
OTCMKTS:CSBQ
Fax
N/A
Employees
570
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$25.40
High Stock Price Target
$28.00
Low Stock Price Target
$23.00
Potential Upside/Downside
+22.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$28.59 million
Pretax Margin
15.07%

Debt

Sales & Book Value

Annual Sales
$240.37 million
Cash Flow
$2.80 per share
Book Value
$27.06 per share

Miscellaneous

Free Float
15,727,000
Market Cap
$352.46 million
Optionable
Optionable
Beta
0.69
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Key Executives

  • Mr. Nathan Strall
    Head of Investor Relations
  • Ms. Kelley L. Fowler
    Senior VP and Director of Marketing & Public Relations - SmartBank
  • Ms. Rebecca C. Boyd (Age 43)
    Executive VP & Chief People Officer
  • Mr. Gary Wayne Petty Jr. (Age 49)
    Executive VP & Chief Risk Officer
    Comp: $140.5k
  • Mr. Travis Lytle
    Senior VP and Director of Community Development & Community Reinvestment Act Officer
  • Mr. Monty Hatcher
    Executive Vice President
  • Ms. Robbie Washington (Age 60)
    Senior VP, Community Reinvestment Act Officer & Director of HMDA
  • Mr. Martin E. Schrodt
    Executive VP & Chief Banking Officer
  • Mr. Daniel W. Nichols
    Senior VP, Cornerstone Community Bank
  • Mr. James Robert Vercoe Jr. (Age 71)
    EVP & Relationship Team Manager, Cornerstone Community Bank

SMBK Stock Analysis - Frequently Asked Questions

Should I buy or sell SmartFinancial stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SmartFinancial in the last year. There are currently 2 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SMBK shares.
View SMBK analyst ratings
or view top-rated stocks.

What is SmartFinancial's stock price target for 2024?

5 equities research analysts have issued twelve-month price targets for SmartFinancial's stock. Their SMBK share price targets range from $23.00 to $28.00. On average, they expect the company's share price to reach $25.40 in the next twelve months. This suggests a possible upside of 22.9% from the stock's current price.
View analysts price targets for SMBK
or view top-rated stocks among Wall Street analysts.

How have SMBK shares performed in 2024?

SmartFinancial's stock was trading at $24.49 at the beginning of the year. Since then, SMBK shares have decreased by 15.6% and is now trading at $20.66.
View the best growth stocks for 2024 here
.

When is SmartFinancial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 22nd 2024.
View our SMBK earnings forecast
.

How were SmartFinancial's earnings last quarter?

SmartFinancial, Inc. (NASDAQ:SMBK) announced its quarterly earnings results on Monday, January, 22nd. The bank reported $0.41 earnings per share for the quarter, missing analysts' consensus estimates of $0.43 by $0.02. The bank had revenue of $65.07 million for the quarter, compared to analysts' expectations of $39.14 million. SmartFinancial had a net margin of 10.65% and a trailing twelve-month return on equity of 6.94%. During the same period in the previous year, the business posted $0.76 earnings per share.

How often does SmartFinancial pay dividends? What is the dividend yield for SmartFinancial?

SmartFinancial announced a quarterly dividend on Thursday, April 25th. Stockholders of record on Friday, May 10th will be given a dividend of $0.08 per share on Tuesday, May 28th. This represents a $0.32 annualized dividend and a dividend yield of 1.55%. The ex-dividend date is Thursday, May 9th.
Read our dividend analysis for SMBK
.

Is SmartFinancial a good dividend stock?

SmartFinancial (NASDAQ:SMBK) pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.54%. The dividend payout ratio is 20.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SMBK will have a dividend payout ratio of 14.88% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SMBK.

What is Billy Carroll's approval rating as SmartFinancial's CEO?

19 employees have rated SmartFinancial Chief Executive Officer Billy Carroll on Glassdoor.com. Billy Carroll has an approval rating of 95% among the company's employees. This puts Billy Carroll in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of SmartFinancial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SmartFinancial investors own include Edwards Lifesciences (EW), General Mills (GIS), STAG Industrial (STAG), Trevena (TRVN), Eastman Chemical (EMN), Great Panther Mining (GPL), Louisiana-Pacific (LPX), Pfizer (PFE) and PulteGroup (PHM).

Who are SmartFinancial's major shareholders?

SmartFinancial's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Salzhauer Michael (1.43%) and SlateStone Wealth LLC (0.20%). Insiders that own company stock include Cathy G Ackermann, David Austin Ogle, Gary Wayne Petty Jr, Geoffrey Alan Wolpert, John M Presley, Keith Edward Whaley, Rhett D Jordan, Wesley Miller Welborn and William Young Jr Carroll.
View institutional ownership trends
.

How do I buy shares of SmartFinancial?

Shares of SMBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SMBK) was last updated on 4/27/2024 by MarketBeat.com Staff

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