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

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$20.32 -0.03 (-0.15 %)
(As of 12/10/2018 01:30 AM ET)
Previous Close$20.32
Today's Range$20.00 - $21.10
52-Week Range$20.00 - $28.00
Volume18,989 shs
Average Volume9,847 shs
Market Capitalization$253.47 million
P/E Ratio10.75
Dividend Yield2.56%
Beta0.72
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. 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

Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:SMMF
Previous Symbol
CUSIPN/A
Phone304-530-1000

Debt

Debt-to-Equity Ratio0.10
Current Ratio0.90
Quick Ratio0.90

Price-To-Earnings

Trailing P/E Ratio10.75
Forward P/E Ratio9.32
P/E Growth1.17

Sales & Book Value

Annual Sales$98.95 million
Price / Sales2.56
Cash Flow$2.3464 per share
Price / Cash Flow8.66
Book Value$16.30 per share
Price / Book1.25

Profitability

EPS (Most Recent Fiscal Year)$1.89
Net Income$11.91 million
Net Margins20.89%
Return on Equity12.73%
Return on Assets1.24%

Miscellaneous

Employees349
Outstanding Shares12,470,000
Market Cap$253.47 million
OptionableNot Optionable

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 Monday, December 3rd. Investors of record on Friday, December 14th will be given a dividend of $0.14 per share on Monday, December 31st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date of this dividend is Thursday, December 13th. This is a positive change from Summit Financial Group's previous quarterly dividend of $0.13. View Summit Financial Group's Dividend History.

How were Summit Financial Group's earnings last quarter?

Summit Financial Group, Inc. (NASDAQ:SMMF) posted its quarterly earnings data on Thursday, October, 25th. The bank reported $0.55 EPS for the quarter, meeting analysts' consensus estimates of $0.55. The bank earned $21.42 million during the quarter, compared to the consensus estimate of $22.48 million. Summit Financial Group had a net margin of 20.89% and a return on equity of 12.73%. 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 Friday, January 25th 2019. View Earnings Estimates for Summit Financial Group.

Has Summit Financial Group been receiving favorable news coverage?

Media headlines about SMMF stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Summit Financial Group earned a daily sentiment score of 0.8 on InfoTrie's scale. They also assigned media coverage about the bank a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days.

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)

Who are Summit Financial Group's major shareholders?

Summit Financial Group's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (4.48%), Pacific Ridge Capital Partners LLC (1.17%), Dimensional Fund Advisors LP (0.92%), Wells Fargo & Company MN (0.12%), SG Americas Securities LLC (0.08%) and MetLife Investment Advisors LLC (0.07%). 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 Pacific Ridge Capital Partners LLC and Wells Fargo & Company MN. 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, Patrick Frye and Scott C Jennings. View Insider Buying and Selling for Summit Financial Group.

Which institutional investors are buying Summit Financial Group stock?

SMMF stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, SG Americas Securities LLC, BlackRock Inc. and MetLife Investment Advisors LLC. 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 $20.32.

How big of a company is Summit Financial Group?

Summit Financial Group has a market capitalization of $253.47 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.

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:  2.3 out of 5 (star star)
Outperform Votes:  125 (Vote Outperform)
Underperform Votes:  151 (Vote Underperform)
Total Votes:  276
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 12/10/2018 by MarketBeat.com Staff

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