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

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$27.77 +0.29 (+1.06 %)
(As of 06/25/2018 02:07 AM ET)
Previous Close$27.77
Today's Range$27.31 - $28.00
52-Week Range$20.93 - $28.16
Volume92,101 shs
Average Volume10,793 shs
Market Capitalization$342.55 million
P/E Ratio14.69
Dividend Yield1.89%
Beta0.6
Summit Financial Group logoSummit Financial Group, Inc. operates as a financial holding company for Summit Community Bank, Inc. that provides community banking and other financial services to individuals and businesses primarily in the Eastern Panhandle and South Central regions of West Virginia and the Shenandoah Valley, and Southwestern regions of Virginia. The company operates through three segments: Community Banking, Trust and Wealth Management, and Insurance. Its community banking services include demand, savings, and time deposits; commercial, commercial real estate, construction and land development, residential real estate, and consumer loans; and mortgage warehouse lines of credit, as well as trust and wealth management, and cash management services. The company also offers insurance brokerage services, such as corporate and personal property and casualty insurance products, as well as group health and life insurance products, and consulting services. It operates thirty banking locations. Summit Financial Group, Inc. was founded in 1987 and is headquartered in Moorefield, West Virginia.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:SMMF
CUSIPN/A
Phone304-530-1000

Debt

Debt-to-Equity Ratio0.32
Current Ratio0.91
Quick Ratio0.91

Price-To-Earnings

Trailing P/E Ratio14.69
Forward P/E Ratio12.34
P/E Growth1.53

Sales & Book Value

Annual Sales$98.95 million
Price / Sales3.50
Cash Flow$2.3695 per share
Price / Cash11.72
Book Value$16.30 per share
Price / Book1.70

Profitability

EPS (Most Recent Fiscal Year)$1.89
Net Income$11.91 million
Net Margins19.70%
Return on Equity12.24%
Return on Assets1.15%

Miscellaneous

Employees349
Outstanding Shares12,470,000

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Summit Financial Group (NASDAQ:SMMF) Frequently Asked Questions

What is Summit Financial Group's stock symbol?

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

How often does Summit Financial Group pay dividends? What is the dividend yield for Summit Financial Group?

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

How were Summit Financial Group's earnings last quarter?

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

What price target have analysts set for SMMF?

1 brokers have issued 12 month price objectives for Summit Financial Group's stock. Their predictions range from $26.00 to $26.00. On average, they anticipate Summit Financial Group's share price to reach $26.00 in the next twelve months. View Analyst Ratings for Summit Financial Group.

Who are some of Summit Financial Group's key competitors?

Who are Summit Financial Group's key executives?

Summit Financial Group's management team includes the folowing people:
  • Mr. H. Charles Maddy III, Vice Chairman, Pres & CEO (Age 55)
  • Mr. Robert S. Tissue, Sr. VP & CFO (Age 55)
  • Mr. Scott C. Jennings, Sr. VP & COO (Age 57)
  • Mr. Bradford E. Ritchie, Sr. VP (Age 50)
  • Mr. Patrick N. Frye, Sr. VP & Chief of Credit Admin. (Age 59)

Has Summit Financial Group been receiving favorable news coverage?

Headlines about SMMF stock have trended somewhat positive recently, Accern reports. Accern identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Summit Financial Group earned a media sentiment score of 0.22 on Accern's scale. They also gave press coverage about the bank an impact score of 47.45 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Who are Summit Financial Group's major shareholders?

Summit Financial Group's stock is owned by a number of 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.

Which institutional investors are selling Summit Financial Group stock?

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.

Which institutional investors are buying Summit Financial Group stock?

SMMF stock was acquired 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.

How do I buy shares of 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.

What is Summit Financial Group's stock price today?

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

How big of a company is Summit Financial Group?

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.

How can I contact Summit Financial Group?

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]


MarketBeat Community Rating for Summit Financial Group (SMMF)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  85 (Vote Outperform)
Underperform Votes:  100 (Vote Underperform)
Total Votes:  185
MarketBeat's community ratings are surveys of what our community members think about Summit Financial Group and other stocks. Vote "Outperform" if you believe SMMF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SMMF will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/25/2018 by MarketBeat.com Staff

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