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

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

Summit Financial Group announced a quarterly dividend on Friday, August 30th. Investors of record on Monday, September 16th will be given a dividend of $0.15 per share on Monday, September 30th. This represents a $0.60 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date of this dividend is Friday, September 13th. View Summit Financial Group's Dividend History.

Summit Financial Group, Inc. (NASDAQ:SMMF) issued its quarterly earnings results on Thursday, July, 25th. The bank reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.10. The bank earned $26.07 million during the quarter, compared to the consensus estimate of $23.68 million. Summit Financial Group had a net margin of 24.74% and a return on equity of 13.30%. View Summit Financial Group's Earnings History.

Summit Financial Group is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Summit Financial Group.

Media stories about SMMF stock have trended very negative on Wednesday, InfoTrie reports. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Summit Financial Group earned a news sentiment score of -3.8 on InfoTrie's scale. They also assigned media stories about the bank a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Summit Financial Group.

Summit Financial Group saw a drop in short interest in September. As of September 30th, there was short interest totalling 91,700 shares, a drop of 8.3% from the August 30th total of 100,000 shares. Based on an average daily trading volume, of 17,000 shares, the short-interest ratio is presently 5.4 days. Approximately 0.8% of the company's shares are short sold. View Summit Financial Group's Current Options Chain.

Some companies that are related to Summit Financial Group include Seacoast Banking Co. of Florida (SBCF), Veritex (VBTX), 1st Source (SRCE), S & T Bancorp (STBA), OFG Bancorp (OFG), FB Financial (FBK), Southside Bancshares (SBSI), Lakeland Financial (LKFN), Enterprise Financial Services (EFSC), TriCo Bancshares (TCBK), First Bancorp (FBNC), Boston Private Financial (BPFH), Republic Bancorp, Inc. KY (RBCAA), German American Bancorp. (GABC) and Great Southern Bancorp (GSBC).

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), Sibanye Gold (SBGL), Intuitive Surgical (ISRG), Alliance Data Systems (ADS), Anadarko Petroleum (APC) and Berkshire Hathaway (BRK.B).

Summit Financial Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Summit Financial Group Inc. (0.81%). 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 Cook, 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 sold by a variety of institutional investors in the last quarter, including Summit Financial Group 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 Markwood, Oscar M Bean, Patrick Frye and Scott C Jennings. 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 $26.16.

Summit Financial Group has a market capitalization of $333.36 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]