NASDAQ:SMBK

SmartFinancial (SMBK) Stock Price, News & Analysis

$20.57
+0.91 (+4.63%)
(As of 04/23/2024 ET)
Today's Range
$19.89
$20.57
50-Day Range
$19.09
$22.84
52-Week Range
$18.86
$25.98
Volume
48,656 shs
Average Volume
32,460 shs
Market Capitalization
$350.92 million
P/E Ratio
12.17
Dividend Yield
1.56%
Price Target
$26.25

SmartFinancial MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
27.6% Upside
$26.25 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.10mentions of SmartFinancial in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$51,782 Sold Last Quarter
Proj. Earnings Growth
15.18%
From $1.91 to $2.20 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.

4.43 out of 5 stars

Finance Sector

287th out of 838 stocks

National Commercial Banks Industry

43rd out of 82 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

KBW Gives a Hold Rating to SmartFinancial (SMBK)
The only defense company you should be looking at
This is the ONLY defense company you should be watching right now.
The only defense company you should be looking at
This is the ONLY defense company you should be watching right now.
SmartFinancial Inc SMBK
SmartFinancial's (NASDAQ:SMBK) Dividend Will Be $0.08
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
4/23/2024
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
$26.25
High Stock Price Target
$28.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+27.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$28.59 million
Pretax Margin
15.07%

Debt

Sales & Book Value

Annual Sales
$240.37 million
Cash Flow
$2.91 per share
Book Value
$27.06 per share

Miscellaneous

Free Float
15,727,000
Market Cap
$350.92 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?

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

What is SmartFinancial's stock price target for 2024?

3 analysts have issued 1 year target prices for SmartFinancial's shares. Their SMBK share price targets range from $25.00 to $28.00. On average, they predict the company's stock price to reach $26.25 in the next twelve months. This suggests a possible upside of 27.6% 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 2024?

SmartFinancial's stock was trading at $24.49 at the beginning of 2024. Since then, SMBK shares have decreased by 16.0% and is now trading at $20.57.
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 EPS for the quarter, missing the consensus estimate of $0.43 by $0.02. The bank earned $65.07 million during the quarter, compared to analyst estimates of $39.14 million. SmartFinancial had a net margin of 11.90% and a trailing twelve-month return on equity of 7.67%. During the same period last 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 Monday, January 22nd. Investors of record on Friday, February 2nd will be paid a dividend of $0.08 per share on Tuesday, February 20th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date is Thursday, February 1st.
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 1.61%. The dividend payout ratio is 18.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SMBK will have a dividend payout ratio of 14.55% 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).

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 4/23/2024 by MarketBeat.com Staff

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