SmartFinancial (SMBK) Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SmartFinancial in the last twelve months. There are currently 5 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" SMBK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SMBK, but not buy additional shares or sell existing shares.
View SMBK analyst ratings or view top-rated stocks.

7 analysts have issued 12 month price objectives for SmartFinancial's shares. Their SMBK share price forecasts range from $25.00 to $33.00. On average, they anticipate the company's share price to reach $28.86 in the next twelve months. This suggests a possible upside of 33.6% from the stock's current price.
View analysts price targets for SMBK or view top-rated stocks among Wall Street analysts.

SmartFinancial's stock was trading at $27.50 at the start of the year. Since then, SMBK shares have decreased by 21.5% and is now trading at $21.60.
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SmartFinancial saw a decrease in short interest in the month of September. As of September 15th, there was short interest totaling 146,300 shares, a decrease of 19.5% from the August 31st total of 181,800 shares. Based on an average daily volume of 29,700 shares, the days-to-cover ratio is currently 4.9 days. Approximately 1.0% of the company's shares are sold short.
View SmartFinancial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, October 23rd 2023.
View our SMBK earnings forecast.

SmartFinancial, Inc. (NASDAQ:SMBK) announced its quarterly earnings results on Monday, July, 24th. The bank reported $0.52 earnings per share for the quarter, missing analysts' consensus estimates of $0.54 by $0.02. The bank earned $38.71 million during the quarter, compared to analyst estimates of $41.29 million. SmartFinancial had a net margin of 20.19% and a trailing twelve-month return on equity of 10.33%.

SmartFinancial announced a quarterly dividend on Thursday, July 27th. Shareholders of record on Friday, August 11th will be given a dividend of $0.08 per share on Monday, August 28th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date of this dividend is Thursday, August 10th.
Read our dividend analysis for SMBK.

SmartFinancial (NASDAQ:SMBK) pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.45%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SMBK will have a dividend payout ratio of 15.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SMBK.

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.

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).

SmartFinancial trades on the NASDAQ under the ticker symbol "SMBK."

SmartFinancial's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.89%), Cravens & Co Advisors LLC (4.20%), Private Capital Management LLC (3.57%), Dimensional Fund Advisors LP (3.31%), State Street Corp (1.90%) and Geode Capital Management LLC (1.78%). Insiders that own company stock include Cathy G Ackermann, David Austin Ogle, Geoffrey Alan Wolpert, John M Presley, Keith Edward Whaley, Rhett D Jordan, Wesley Miller Welborn and William Young Jr Carroll.
View institutional ownership trends.

Shares of SMBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SMBK stock can currently be purchased for approximately $21.60.

SmartFinancial (NASDAQ:SMBK) has a market capitalization of $367.20 million and generates $186.55 million in revenue each year. The bank earns $43.02 million in net income (profit) each year or $2.65 on an earnings per share basis.

The company employs 583 workers across the globe.

SmartFinancial's mailing address is 5401 Kingston Pike Suite 600, Knoxville TN, 37919. The official website for the company is www.smartfinancialinc.com. The bank can be reached via phone at (865) 437-5700 or via email at billy.carroll@smartbank.com.