Positive News SentimentPositive NewsNASDAQ:SMBK SmartFinancial (SMBK) Stock Forecast, Price & News $21.67 -0.35 (-1.59%) (As of 02:30 PM ET) Add Compare Share Share Today's Range$21.52▼$21.9950-Day Range$21.93▼$25.2952-Week Range$18.86▼$30.50Volume7,973 shsAverage Volume35,927 shsMarket Capitalization$368.39 millionP/E Ratio8.18Dividend Yield1.48%Price Target$28.86 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media SmartFinancial MarketRank™ ForecastAnalyst RatingHold2.43 Rating ScoreUpside/Downside31.2% Upside$28.86 Price TargetShort InterestHealthy1.02% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.81Based on 3 Articles This WeekInsider TradingSelling Shares$9,960 Sold Last QuarterProj. Earnings Growth-0.47%From $2.14 to $2.13 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.75 out of 5 starsFinance Sector382nd out of 842 stocksNational Commercial Banks Industry54th out of 84 stocks 3.2 Analyst's Opinion Consensus RatingSmartFinancial has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $28.86, SmartFinancial has a forecasted upside of 31.2% from its current price of $21.99.Amount of Analyst CoverageSmartFinancial has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.02% of the float of SmartFinancial has been sold short.Short Interest Ratio / Days to CoverSmartFinancial has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in SmartFinancial has recently decreased by 19.53%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldSmartFinancial pays a meaningful dividend of 1.45%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSmartFinancial has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of SmartFinancial is 12.08%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, SmartFinancial will have a dividend payout ratio of 15.02% next year. This indicates that SmartFinancial will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SMBK. Previous Next 3.2 News and Social Media Coverage News SentimentSmartFinancial has a news sentiment score of 1.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.84 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for SmartFinancial this week, compared to 1 article on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SmartFinancial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,960.00 in company stock.Percentage Held by InsidersOnly 7.80% of the stock of SmartFinancial is held by insiders.Percentage Held by Institutions49.32% of the stock of SmartFinancial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for SmartFinancial are expected to decrease by -0.47% in the coming year, from $2.14 to $2.13 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SmartFinancial is 8.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.53.Price to Earnings Ratio vs. SectorThe P/E ratio of SmartFinancial is 8.30, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 80.83.Price to Book Value per Share RatioSmartFinancial has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About SmartFinancial (NASDAQ:SMBK) StockSmartFinancial, 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; mortgage loans; and direct consumer installment, educational, agriculture, and other revolving credit loans; equipment financing leases to small and mid-size companies; 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.Read More SMBK Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SMBK Stock News HeadlinesSeptember 15, 2023 | finance.yahoo.comWe Ran A Stock Scan For Earnings Growth And SmartFinancial (NASDAQ:SMBK) Passed With EaseAugust 28, 2023 | benzinga.comUnleashing Growth Potential: SmartFinancial Surpasses Expectations with Strong Performance and Increasing ProfitsSeptember 27, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. August 25, 2023 | finance.yahoo.comWith 50% ownership, SmartFinancial, Inc. (NASDAQ:SMBK) boasts of strong institutional backingAugust 5, 2023 | finance.yahoo.comIs It Smart To Buy SmartFinancial, Inc. (NASDAQ:SMBK) Before It Goes Ex-Dividend?August 3, 2023 | msn.comSmartFinancial (SMBK) Price Target Increased by 8.61% to 26.96August 1, 2023 | finance.yahoo.comSmartFinancial (NASDAQ:SMBK) Will Pay A Dividend Of $0.08July 31, 2023 | nasdaq.comRaymond James Upgrades SmartFinancial (SMBK)September 27, 2023 | Micro-Cap Stock Trader (Ad)Windfall profits possible with this under-the-radar lithium stock.Investor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsJuly 26, 2023 | msn.comStephens & Co. Maintains SmartFinancial (SMBK) Overweight RecommendationJuly 25, 2023 | finanznachrichten.deSmartFinancial, Inc.: SmartFinancial Announces Results for the Second Quarter 2023July 24, 2023 | msn.comSmartFinancial GAAP EPS of $0.52 misses by $0.01, revenue of $38.7M misses by $2.37MJuly 24, 2023 | stockhouse.comSmartFinancial Announces Results for the Second Quarter 2023July 21, 2023 | benzinga.comEarnings Preview For SmartFinancialJune 15, 2023 | finance.yahoo.comImplied Volatility Surging for SmartFinancial (SMBK) Stock OptionsJune 12, 2023 | finance.yahoo.comInvesting in SmartFinancial (NASDAQ:SMBK) three years ago would have delivered you a 44% gainMay 10, 2023 | finance.yahoo.comSeveral Insiders Invested In SmartFinancial Flagging Positive NewsMay 2, 2023 | finance.yahoo.comSmartFinancial, Inc. (NASDAQ:SMBK) Q1 2023 Earnings Call TranscriptApril 30, 2023 | msn.comSmartFinancial (SMBK) Declares $0.08 DividendApril 25, 2023 | msn.comStephens & Co. Reiterates SmartFinancial (SMBK) Overweight RecommendationApril 25, 2023 | markets.businessinsider.comStephens Keeps Their Buy Rating on SmartFinancial (SMBK)April 25, 2023 | finanznachrichten.deSmartFinancial, Inc.: SmartFinancial Announces Results for the First Quarter 2023April 21, 2023 | benzinga.comA Preview Of SmartFinancial's EarningsApril 6, 2023 | msn.comKeefe, Bruyette & Woods Maintains SmartFinancial (SMBK) Market Perform RecommendationMarch 27, 2023 | finance.yahoo.comShould You Be Adding SmartFinancial (NASDAQ:SMBK) To Your Watchlist Today?February 28, 2023 | finance.yahoo.comWith 47% ownership, SmartFinancial, Inc. (NASDAQ:SMBK) has piqued the interest of institutional investorsFebruary 1, 2023 | finance.yahoo.comSmartFinancial (NASDAQ:SMBK) Has Announced That It Will Be Increasing Its Dividend To $0.08See More Headlines Receive SMBK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SmartFinancial and its competitors with MarketBeat's FREE daily newsletter. Email Address SMBK Company Calendar Last Earnings7/24/2023Ex-Dividend for 8/28 Dividend8/10/2023Dividend Payable8/28/2023Today9/27/2023Next Earnings (Estimated)10/23/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry National commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:SMBK Previous SymbolOTCMKTS:CSBQ CUSIPN/A CIK1038773 Webwww.smartfinancialinc.com Phone(865) 437-5700FaxN/AEmployees583Year FoundedN/APrice Target and Rating Average Stock Price Forecast$28.86 High Stock Price Forecast$33.00 Low Stock Price Forecast$25.00 Forecasted Upside/Downside+33.6%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$2.65 Trailing P/E Ratio8.15 Forward P/E Ratio10.09 P/E GrowthN/ANet Income$43.02 million Net Margins20.19% Pretax Margin25.77% Return on Equity10.33% Return on Assets0.95% Debt Debt-to-Equity Ratio0.13 Current Ratio0.84 Quick Ratio0.84 Sales & Book Value Annual Sales$186.55 million Price / Sales1.97 Cash Flow$3.11 per share Price / Cash Flow6.94 Book Value$25.61 per share Price / Book0.84Miscellaneous Outstanding Shares17,000,000Free Float15,678,000Market Cap$367.20 million OptionableNot Optionable Beta0.77 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. William Young Carroll Jr. (Age 54)Pres, CEO & Director Comp: $961.27kMr. Ronald J. Gorczynski (Age 57)Exec. VP & CFO Comp: $479.83kMr. Gregory L. Davis (Age 56)Exec. VP & Chief Lending Officer of SmartBank Comp: $481.74kMr. Rhett D. Jordan (Age 51)Exec. VP & Chief Credit Officer of SmartBank Comp: $463.93kMs. Beverly AtchleySr. VP & Sr. Director of OperationsMs. Cynthia A. Cain (Age 50)Exec. VP & Chief Accounting Officer Mr. Nathan StrallHead of Investor RelationsMs. Kelley L. FowlerSr. VP and Director of Marketing & PR - SmartBankMs. Rebecca C. Boyd (Age 42)Exec. VP & Chief People Officer Mr. Gary Wayne Petty Jr. (Age 48)Exec. VP & Chief Risk Officer More ExecutivesKey CompetitorsAlerus FinancialNASDAQ:ALRSShore BancsharesNASDAQ:SHBIAmerican National BanksharesNASDAQ:AMNBNewtekOneNASDAQ:NEWTCamden NationalNASDAQ:CACView All CompetitorsInsiders & InstitutionsPrivate Capital Management LLCSold 6,950 shares on 8/15/2023Ownership: 3.569%Goldman Sachs Group Inc.Bought 3,701 shares on 8/15/2023Ownership: 0.430%Royal Bank of CanadaBought 1,010 shares on 8/15/2023Ownership: 0.083%Wells Fargo & Company MNBought 3,282 shares on 8/15/2023Ownership: 0.036%Lazard Asset Management LLCBought 1,457 shares on 8/15/2023Ownership: 0.009%View All Insider TransactionsView All Institutional Transactions SMBK Stock - Frequently Asked Questions Should I buy or sell SmartFinancial stock right now? 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. What is SmartFinancial's stock price forecast for 2023? 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. How have SMBK shares performed in 2023? 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. View the best growth stocks for 2023 here. Are investors shorting SmartFinancial? 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. When is SmartFinancial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, October 23rd 2023. View our SMBK earnings forecast. How were SmartFinancial's earnings last quarter? 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%. How often does SmartFinancial pay dividends? What is the dividend yield for SmartFinancial? 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. 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 1.45%. 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. 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). What is SmartFinancial's stock symbol? SmartFinancial trades on the NASDAQ under the ticker symbol "SMBK." Who are SmartFinancial's major shareholders? 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. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is SmartFinancial's stock price today? One share of SMBK stock can currently be purchased for approximately $21.60. How much money does SmartFinancial make? 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. How many employees does SmartFinancial have? The company employs 583 workers across the globe. How can I contact SmartFinancial? 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. This page (NASDAQ:SMBK) was last updated on 9/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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