NASDAQ:SMMF - Summit Financial Group Stock Price, Price Target & More

Summit Financial Group trades on the NASDAQ under the ticker symbol "SMMF."

Summit Financial Group declared a quarterly dividend on Friday, May 25th. Shareholders of record on Friday, June 15th will be paid a dividend of $0.13 per share on Friday, June 29th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date is Thursday, June 14th. View Summit Financial Group's Dividend History.

Summit Financial Group, Inc. (NASDAQ:SMMF) released its quarterly earnings data on Thursday, April, 26th. The bank reported $0.60 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.53 by $0.07. The bank had revenue of $22.13 million for the quarter, compared to analysts' expectations of $21.60 million. Summit Financial Group had a net margin of 19.70% and a return on equity of 12.24%. View Summit Financial Group's Earnings History.

1 brokers have issued 1-year target prices for Summit Financial Group's stock. Their predictions range from $26.00 to $26.00. On average, they expect Summit Financial Group's stock price to reach $26.00 in the next twelve months. View Analyst Ratings for Summit Financial Group.

Some companies that are related to Summit Financial Group include State Bank Financial (STBZ), FB Financial (FBK), Enterprise Financial Services (EFSC), Lakeland Financial (LKFN), First Bancorp (FBNC), Live Oak Bancshares (LOB), Southside Bancshares (SBSI), Triumph Bancorp (TBK), Washington Trust Bancorp (WASH), MainSource Financial Group (MSFG), Customers Bancorp (CUBI), Lakeland Bancorp (LBAI), Republic Bancorp, Inc. KY Class A (RBCAA), Bryn Mawr Bank (BMTC) and Carolina Financial (CARO).

News coverage about SMMF stock has trended somewhat positive this week, according to Accern. Accern ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Summit Financial Group earned a coverage optimism score of 0.01 on Accern's scale. They also gave media coverage about the bank an impact score of 46.76 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Summit Financial Group's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (4.05%), Gendell Jeffrey L (1.23%), Pacific Ridge Capital Partners LLC (1.21%), Dimensional Fund Advisors LP (0.65%), Maltese Capital Management LLC (0.44%) and ZPR Investment Management (0.29%). Company insiders that own Summit Financial Group stock include Charles Piccirillo, Dewey F Bensenhaver, Duke A Mcdaniel, Gary L Hinkle, Georgette R George, Gerald W Huffman, H Charles Maddy III, Julie R Cook, Oscar M Bean, Patrick Frye, Robert S Tissue, Scott C Jennings and Thomas J Hawse III. View Institutional Ownership Trends for Summit Financial Group.

SMMF stock was sold by a variety of institutional investors in the last quarter, including Gendell Jeffrey L and BlackRock Inc.. Company insiders that have sold Summit Financial Group company stock in the last year include Dewey F Bensenhaver, Duke A Mcdaniel, H Charles Maddy III, Julie R Cook, Oscar M Bean, Patrick Frye, Robert S Tissue, Scott C Jennings and Thomas J Hawse III. View Insider Buying and Selling for Summit Financial Group.

SMMF stock was purchased by a variety of institutional investors in the last quarter, including ZPR Investment Management, Pacific Ridge Capital Partners LLC, Maltese Capital Management LLC, Dimensional Fund Advisors LP, Prudential Financial Inc. and LSV Asset Management. Company insiders that have bought Summit Financial Group stock in the last two years include Charles Piccirillo, Gary L Hinkle and Gerald W Huffman. View Insider Buying and Selling for Summit Financial Group.

Shares of SMMF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of SMMF stock can currently be purchased for approximately $27.77.

Summit Financial Group has a market capitalization of $342.55 million and generates $98.95 million in revenue each year. The bank earns $11.91 million in net income (profit) each year or $1.89 on an earnings per share basis. Summit Financial Group employs 349 workers across the globe.

Summit Financial Group's mailing address is 300 NORTH MAIN ST, MOOREFIELD WV, 26836. The bank can be reached via phone at 304-530-1000 or via email at [email protected]