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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 383 staff and has a trailing 12-month revenue of around USD$93.9 million.
|Latest market close||USD$22.05|
|52-week range||USD$13.1813 - USD$26.954|
|50-day moving average||USD$18.9206|
|200-day moving average||USD$16.5719|
|Wall St. target price||USD$19.5|
|Dividend yield||USD$0.68 (3.13%)|
|Earnings per share (TTM)||USD$2.267|
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.
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.
|1 week (2021-01-08)||-4.55%|
|1 month (2020-12-15)||-2.00%|
|3 months (2020-10-15)||33.80%|
|6 months (2020-07-15)||32.99%|
|1 year (2020-01-15)||-12.50%|
|2 years (2019-01-15)||8.78%|
|3 years (2018-01-15)||N/A|
|5 years (2016-01-15)||94.79%|
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Summit Financial Group shares trade at around 10x 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 "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.
|Revenue TTM||USD$93.9 million|
|Operating margin TTM||43.57%|
|Gross profit TTM||USD$92.8 million|
|Return on assets TTM||1.11%|
|Return on equity TTM||11.36%|
|Market capitalisation||USD$281.7 million|
TTM: trailing 12 months
There are currently 98,008 Summit Financial Group shares held short by investors – that's known as Summit Financial Group's "short interest". This figure is 4.6% up from 93,682 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) is the quantity of Summit Financial Group shares currently shorted divided by the average quantity of Summit Financial Group shares traded daily (recently around 15171.517027864). Summit Financial Group's SIR currently stands at 6.46. In other words for every 100,000 Summit Financial Group shares traded daily on the market, roughly 6460 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 0.01% of the outstanding shares (for every 100,000 Summit Financial Group shares in existence, roughly 10 shares are currently held short) or 0.009% of the tradable shares (for every 100,000 tradable Summit Financial Group shares, roughly 9 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly 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.
Dividend payout ratio: 29.82% of net profits
Recently Summit Financial Group has paid out, on average, around 29.82% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.13% 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 3.13% 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 fairly standard, it's worth remembering that Summit Financial Group may be investing much of the rest of its net profits in future growth.
Summit Financial Group's most recent dividend payout was on 31 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 14 December 2020 (the "ex-dividend date").
Summit Financial Group's shares were split on a 2:1 basis on 16 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.
Over the last 12 months, Summit Financial Group's shares have ranged in value from as little as $13.1813 up to $26.954. 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 0.3811. This would suggest that Summit Financial Group's shares are less volatile than average (for this exchange).
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. 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, and cash management services. As of December 31, 2019, it operated through 32 banking offices. The company was founded in 1987 and is headquartered in Moorefield, West Virginia.
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