Log in

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

$25.22
-0.32 (-1.25 %)
(As of 01/17/2020 04:00 PM ET)
Today's Range
$25.16
Now: $25.22
$25.78
50-Day Range
$24.97
MA: $26.48
$27.67
52-Week Range
$20.70
Now: $25.22
$27.83
Volume11,476 shs
Average Volume11,542 shs
Market Capitalization$314.54 million
P/E Ratio11.16
Dividend Yield2.35%
Beta0.94
Summit 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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$112.83 million
Cash Flow$2.76 per share
Book Value$17.62 per share

Profitability

Net Income$28.07 million

Miscellaneous

EmployeesN/A
Market Cap$314.54 million
Next Earnings Date2/4/2020 (Estimated)
OptionableNot Optionable

Receive SMMF News and Ratings via Email

Sign-up to receive the latest news and ratings for SMMF and its competitors with MarketBeat's FREE daily newsletter.


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 announced a quarterly dividend on Thursday, November 21st. Investors of record on Monday, December 16th will be paid a dividend of $0.15 per share on Tuesday, December 31st. This represents a $0.60 annualized dividend and a yield of 2.38%. The ex-dividend date of this dividend is Friday, December 13th. View Summit Financial Group's Dividend History.

How were Summit Financial Group's earnings last quarter?

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

When is Summit Financial Group's next earnings date?

Summit Financial Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Summit Financial Group.

Has Summit Financial Group been receiving favorable news coverage?

Headlines about SMMF stock have trended somewhat positive on Saturday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Summit Financial Group earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned headlines about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Summit Financial Group.

Are investors shorting Summit Financial Group?

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

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

What other stocks do shareholders of Summit Financial Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Summit Financial Group investors own include AT&T (T), Visa (V), FedEx (FDX), Adobe (ADBE), Royal Gold (RGLD), Xilinx (XLNX), Sibanye Gold (SBGL), Verizon Communications (VZ), Intuitive Surgical (ISRG) and Alliance Data Systems (ADS).

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 56)
  • Mr. Robert S. Tissue, Sr. VP & CFO (Age 56)
  • Mr. Scott C. Jennings, Sr. VP & COO (Age 58)
  • Mr. Bradford E. Ritchie, Sr. VP (Age 51)
  • Mr. Patrick N. Frye, Sr. VP & Chief of Credit Admin. (Age 60)

Who are Summit Financial Group's major shareholders?

Summit Financial Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Summit Financial Group Inc. (1.96%). 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.

Which major investors are buying Summit Financial Group stock?

SMMF stock was bought by a variety of institutional investors in the last quarter, including Summit Financial Group Inc.. 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.

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, Robinhood, Fidelity and Charles Schwab.

What is Summit Financial Group's stock price today?

One share of SMMF stock can currently be purchased for approximately $25.22.

How big of a company is Summit Financial Group?

Summit Financial Group has a market capitalization of $314.54 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.

What is Summit Financial Group's official website?

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

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 (NASDAQ SMMF)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  185 (Vote Outperform)
Underperform Votes:  206 (Vote Underperform)
Total Votes:  391
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 1/18/2020 by MarketBeat.com Staff

Featured Article: S&P 500 Index

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel