Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure

How to buy Summit Financial Group stock

Learn how to easily invest in Summit Financial Group stock.

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 439 staff and has a trailing 12-month revenue of around $130.9 million.

How to buy shares in Summit Financial Group

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. 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.
  5. 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.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.
Client disclaimer: US Brokerage services through eToro USA Securities Inc, member of FINRA, SIPC. Crypto assets through eToro USA LLC.

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

Information last updated 2022-09-27.
Latest market close$26.94
52-week range$23.51 - $30.61
50-day moving average $28.91
200-day moving average $27.33
Wall St. target price$32.50
PE ratio 7.4146
Dividend yield $0.72 (2.9%)
Earnings per share (TTM) $3.69

Buy Summit Financial Group shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
1 - 7 of 7
Name Product Asset types Stock trade fee Minimum deposit Signup bonus
SoFi Invest
Stocks, ETFs, Cryptocurrency
$0
$0
$10 - $100
when you open an account and place a first crypto trade of $50 - $5,000+
A free way to invest in most equities.
eToro
Stocks, ETFs, Cryptocurrency
$0
$10
8%-12% of your deposit
when you sign up and deposit at least $50. T&Cs apply.
Trade stocks in the app or online with $0 commissions. Not available in NY, NV, MN, TN, and HI.
Public
Stocks, ETFs, Cryptocurrency
$0
$0
Receive a free stock slice worth between $3–$300
when you sign up for an account and deposit at least $20.
Commission-free trading in stocks and ETFs with a social networking twist.
Tastyworks
Stocks, Options, ETFs, Cryptocurrency
$0
$0
$200 in US stocks
when you open and fund an account with min. $2,000 for 3+ mos.
Trade stocks, options, ETFs and futures on mobile or desktop with this advanced platform.
JPMorgan Self-Directed Investing
Stocks, Bonds, Options, Mutual funds, ETFs
$0
$0
$125 - $625
when you open and fund an account with $25,000 - $250,000+
INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
Robinhood
Stocks, Options, ETFs, Cryptocurrency
$0
$0
Get a free stock
when you successfully sign up and link your bank account.
Make unlimited commission-free trades, plus earn 3% interest on uninvested cash in your account with Robinhood Gold.
Tradier
Stocks, Options, ETFs
$0
$0
N/A
Customize your trade platform or build your own Deep tools, charts and screens Analyzers to help you study before you trade
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

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

Historical closes compared with the close of $26.94 from 2022-09-30

1 week (2022-09-21) -4.50%
1 month (2022-08-28) N/A
3 months (2022-06-30) -3.02%
6 months (2022-04-01) 4.82%
1 year (2021-10-01) 8.85%
2 years (2020-10-01) 81.66%
3 years (2019-10-01) 5.52%
5 years (2017-09-29) 4.99%

Is Summit Financial Group stock undervalued or overvalued?

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 7x. In other words, Summit Financial Group shares trade at around 7x 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 $130.9 million
Operating margin TTM 49.48%
Gross profit TTM $126.1 million
Return on assets TTM 1.38%
Return on equity TTM 14.95%
Profit margin 37.08%
Book value $24.99
Market capitalisation $349.6 million

TTM: trailing 12 months

Summit Financial Group share dividends

20%

Dividend payout ratio: 20.05% of net profits

Recently Summit Financial Group has paid out, on average, around 20.05% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.9% 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 2.9% return on their shares, in the form of dividend payments. In Summit Financial Group's case, that would currently equate to about $0.72 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 September 2022. The latest dividend was paid out to all shareholders who bought their shares by 13 September 2022 (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 $23.5147 up to $30.6106. 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 0.3783. 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, 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 services. As of December 31, 2021, it operated through 45 banking offices. The company was incorporated in 1987 and is headquartered in Moorefield, West Virginia. .

Frequently asked questions

What percentage of Summit Financial Group is owned by insiders or institutions?
Currently 13.538% of Summit Financial Group shares are held by insiders and 37.572% by institutions.
How many people work for Summit Financial Group?
Latest data suggests 439 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

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site