Summit Financial Group, Inc is a banks-regional business based in the US. Summit Financial Group shares (SMMF) are listed on the NASDAQ and all prices are listed in US Dollars. Summit Financial Group employs 415 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in Summit Financial Group
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- Research the stock. Find the stock by name or ticker symbol – SMMF – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- SMMF shares summary
- Compare share dealing platforms
- Is SMMF stock a buy or sell?
- Stock performance over time
- Can I short SMMF shares?
- Are SMMF shares over-valued?
- Summit Financial Group's financials
- How volatile are SMMF shares?
- Does Summit Financial Group pay a dividend?
- Have SMMF shares ever split?
- Other common questions
Summit Financial Group stock price (NASDAQ: SMMF)Use our graph to track the performance of SMMF stocks over time.
Summit Financial Group shares at a glance
|Latest market close||$23.83|
|52-week range||$13.85 - $27.20|
|50-day moving average||$22.67|
|200-day moving average||$23.92|
|Wall St. target price||$26.50|
|Dividend yield||$0.68 (3.03%)|
|Earnings per share (TTM)||$2.86|
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Is it a good time to buy Summit Financial Group stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Summit Financial Group price performance over time
|1 week (2021-07-15)||N/A|
|1 month (2021-06-25)||2.27%|
|3 months (2021-04-26)||-6.73%|
|6 months (2021-01-22)||N/A|
|1 year (2020-07-22)||N/A|
|2 years (2019-07-22)||N/A|
|3 years (2018-07-22)||N/A|
|5 years (2016-07-22)||N/A|
Is Summit Financial Group under- or over-valued?
Valuing Summit Financial Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Summit Financial Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Summit Financial Group's P/E ratio
Summit Financial Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Summit Financial Group shares trade at around 8x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Summit Financial Group's PEG ratio
Summit Financial Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.49. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Summit Financial Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Summit Financial Group financials
|Revenue TTM||$110.1 million|
|Operating margin TTM||47.36%|
|Gross profit TTM||$101.1 million|
|Return on assets TTM||1.29%|
|Return on equity TTM||13.53%|
|Market capitalisation||$294.1 million|
TTM: trailing 12 months
Shorting Summit Financial Group shares
There are currently 46,669 Summit Financial Group shares held short by investors – that's known as Summit Financial Group's "short interest". This figure is 34.2% down from 70,908 last month.
There are a few different ways that this level of interest in shorting Summit Financial Group shares can be evaluated.
Summit Financial Group's "short interest ratio" (SIR)
Summit Financial Group's "short interest ratio" (SIR) is the quantity of Summit Financial Group shares currently shorted divided by the average quantity of Summit Financial Group shares traded daily (recently around 18230.078125). Summit Financial Group's SIR currently stands at 2.56. In other words for every 100,000 Summit Financial Group shares traded daily on the market, roughly 2560 shares are currently held short.
However Summit Financial Group's short interest can also be evaluated against the total number of Summit Financial Group shares, or, against the total number of tradable Summit Financial Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Summit Financial Group's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Summit Financial Group shares in existence, roughly 0 shares are currently held short) or 0.0046% of the tradable shares (for every 100,000 tradable Summit Financial Group shares, roughly 5 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Summit Financial Group.
Find out more about how you can short Summit Financial Group stock.
Summit Financial Group share dividends
Dividend payout ratio: 24.55% of net profits
Recently Summit Financial Group has paid out, on average, around 24.55% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.03% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Summit Financial Group shareholders could enjoy a 3.03% return on their shares, in the form of dividend payments. In Summit Financial Group's case, that would currently equate to about $0.68 per share.
While Summit Financial Group's payout ratio might seem low, this can signify that Summit Financial Group is investing more in its future growth.
Summit Financial Group's most recent dividend payout was on 29 June 2021. The latest dividend was paid out to all shareholders who bought their shares by 13 June 2021 (the "ex-dividend date").
Have Summit Financial Group's shares ever split?
Summit Financial Group's shares were split on a 2:1 basis on 15 December 2004. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Summit Financial Group shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Summit Financial Group shares which in turn could have impacted Summit Financial Group's share price.
Summit Financial Group share price volatility
Over the last 12 months, Summit Financial Group's shares have ranged in value from as little as $13.8512 up to $27.2011. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Summit Financial Group's is 0.5065. This would suggest that Summit Financial Group's shares are less volatile than average (for this exchange).
Summit Financial Group overview
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, Southern and North Central regions of West Virginia and the Northern, and Shenandoah Valley and Southwestern regions of Virginia, and the Central region of Kentucky. The company's 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, cash management, and insurance brokerage services. As of December 31, 2020, it operated through 43 banking offices. The company was incorporated in 1987 and is headquartered in Moorefield, West Virginia. .
Summit Financial Group in the news
Summit Financial (SMMF) Earnings Expected to Grow: What to Know Ahead of Q2 Release
Did You Miss Summit Financial Group's (NASDAQ:SMMF) 43% Share Price Gain?
Summit Community Bank Inc. Completes Its Acquisition of Four Southern WV Branch Banking Centers
Frequently asked questionsWhat percentage of Summit Financial Group is owned by insiders or institutions?
Currently 13.578% of Summit Financial Group shares are held by insiders and 35.233% by institutions. How many people work for Summit Financial Group?
Latest data suggests 415 work at Summit Financial Group. When does the fiscal year end for Summit Financial Group?
Summit Financial Group's fiscal year ends in December. Where is Summit Financial Group based?
Summit Financial Group's address is: 300 North Main Street, Moorefield, WV, United States, 26836 What is Summit Financial Group's ISIN number?
Summit Financial Group's international securities identification number is: US86606G1013 What is Summit Financial Group's CUSIP number?
Summit Financial Group's Committee on Uniform Securities Identification Procedures number is: 86606G101
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