How to buy Summit Financial Group shares

Summit Financial Group shares have increased 3.07% from yesterday's closing price ($23.07). Learn how to easily invest in Summit Financial Group shares in the UK.

Summit Financial Group Inc (SMMF) is a publicly traded banks-regional business based in the US. It opened the day at $21.7 after a previous close of $21.17. During the day the price has varied from a low of $21.38 to a high of $21.82. The latest price was $21.82 (25 minute delay). Summit Financial Group is listed on the NASDAQ and employs 432 staff. All prices are listed in US Dollars.

How to buy shares in Summit Financial Group

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: SMMF in this case.
  5. Research Summit Financial Group shares. The platform should provide the latest information available.
  6. Buy your Summit Financial Group shares. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.
Our top picks for where to buy Summit Financial Group shares:

Best for

Beginner investments

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Fees for buying 50x Summit Financial Group shares with popular platforms

Both exchange rates and share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform Customer rating Platform fee Min. initial deposit Trading fee estimate
Freetrade logo ★★★★★ £0 - £9.99 No minimum £5.30
£903.52 total
Capital at risk
eToro Free Stocks logo ★★★★★ £0 $50 £4.49
£902.71 total
Capital at risk
IG Share Dealing logo ★★★★★ £0 £250 £12.77
£910.99 total
Capital at risk
XTB logo Not yet rated £0 No minimum £4.49
£902.71 total
Capital at risk
CMC Invest share dealing account logo Not yet rated £0 No minimum £4.49
£902.71 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo ★★★★★ £0 £1 £20.93
£919.15 total
Capital at risk
Lightyear logo Not yet rated £0 No minimum £3.23
£901.45 total
Capital at risk

Full comparison of share dealing platforms

These providers cover a wide range of stocks, but we can't guarantee they'll all offer this stock.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Alternative ways to invest in Summit Financial Group

Is it a good time to buy Summit Financial Group stock?

Only you can make the decision on the time to leap. The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

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Invest in Summit Financial Group shares
Finder Award

  • Start investing from $50
  • Pay no stamp duty on UK shares
  • Commission-free trading. Other fees may apply.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is Summit Financial Group under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Summit Financial Group P/E ratio, PEG ratio and EBITDA

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 6x. In other words, Summit Financial Group shares trade at around 6x 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 PEG ratio over 1 can be interpreted as meaning shares are overvalued at the current rate of growth, or may anticipate an acceleration in growth.

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.

Frequently asked questions

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

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