NASDAQ:SMMF - Summit Financial Group Stock Price, Forecast & News

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

Summit Financial Group announced a quarterly dividend on Thursday, November 21st. Shareholders of record on Monday, December 16th will be given a dividend of $0.15 per share on Tuesday, December 31st. This represents a $0.60 annualized dividend and a yield of 2.33%. The ex-dividend date is Friday, December 13th. View Summit Financial Group's Dividend History.

Summit Financial Group, Inc. (NASDAQ:SMMF) issued its quarterly earnings data on Thursday, October, 24th. The bank reported $0.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.57 by $0.08. The bank had revenue of $23.18 million for the quarter. Summit Financial Group had a return on equity of 13.38% and a net margin of 25.07%. View Summit Financial Group's Earnings History.

Summit Financial Group is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Summit Financial Group.

News stories about SMMF stock have been trending extremely negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Summit Financial Group earned a news sentiment score of -4.5 on InfoTrie's scale. They also gave media headlines about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Summit Financial Group.

Summit Financial Group saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 60,300 shares, a drop of 9.6% from the December 15th total of 66,700 shares. Based on an average daily trading volume, of 10,500 shares, the days-to-cover ratio is presently 5.7 days. Approximately 0.5% of the company's shares are sold short. View Summit Financial Group's Current Options Chain.

Some companies that are related to Summit Financial Group include Lakeland Financial (LKFN), Enterprise Financial Services (EFSC), FB Financial (FBK), TriCo Bancshares (TCBK), OFG Bancorp (OFG), First Bancorp (FBNC), Triumph Bancorp (TBK), Carolina Financial (CARO), Boston Private Financial (BPFH), Preferred Bank (PFBC), German American Bancorp. (GABC), Republic Bancorp, Inc. KY (RBCAA), Stock Yards Bancorp (SYBT), Washington Trust Bancorp (WASH) and ConnectOne Bancorp (CNOB).

Based on aggregate information from My MarketBeat watchlists, some companies that other Summit Financial Group investors own include AT&T (T), Visa (V), Verizon Communications (VZ), FedEx (FDX), Altria Group (MO), Marathon Petroleum (MPC), Pfizer (PFE), Philip Morris International (PM), Adobe (ADBE) and Royal Gold (RGLD).

Summit Financial Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include Summit Financial Group Inc. (1.96%) and New York State Teachers Retirement System (0.01%). Company insiders that own Summit Financial Group stock include Charles Piccirillo, Dewey F Bensenhaver, Duke A Mcdaniel, Gary L Hinkle, Gerald W Huffman, H Charles Maddy III, Jason A Kitzmiller, Julie R Markwood, 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 bought by a variety of institutional investors in the last quarter, including Summit Financial Group Inc. and New York State Teachers Retirement System. Company insiders that have bought Summit Financial Group stock in the last two years include Charles Piccirillo, Gary L Hinkle, Gerald W Huffman and Jason A Kitzmiller. 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, Robinhood, Fidelity and Charles Schwab.

One share of SMMF stock can currently be purchased for approximately $25.75.

Summit Financial Group has a market capitalization of $321.10 million and generates $112.83 million in revenue each year. The bank earns $28.07 million in net income (profit) each year or $2.26 on an earnings per share basis. View Additional Information About Summit Financial Group.

The official website for Summit Financial Group is http://www.summitfgi.com/.

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]