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How to buy Summit Financial Group stock (SMMF)

Buy Summit Financial Group stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Summit Financial Group 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 496 staff and has a trailing 12-month revenue of around $173.1 million.

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  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – SMMF. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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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 2024-06-16.
52-week range$21.67 - $31.23
50-day moving average $26.24
200-day moving average $25.43
Wall St. target price$30.00
PE ratio 6.6408
Dividend yield $0.86 (3.42%)
Earnings per share (TTM) $3.87

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.

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 $173.1 million
Operating margin TTM 52.91%
Gross profit TTM $140.2 million
Return on assets TTM 1.35%
Return on equity TTM 14.13%
Profit margin 33.61%
Book value $29.92
Market Capitalization $377.4 million

TTM: trailing 12 months

Summit Financial Group share dividends

22%

Dividend payout ratio: 22.16% of net profits

Recently Summit Financial Group has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% 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 0% return on their shares, in the form of dividend payments. In Summit Financial Group's case, that would currently equate to about $0.86 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 28 March 2024. The latest dividend was paid out to all shareholders who bought their shares by 13 March 2024 (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 $21.6697 up to $31.2254. 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 0.397. 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. Its 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. Summit Financial Group, Inc. 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 11.557% of Summit Financial Group shares are held by insiders and 42.095% by institutions.
How many people work for Summit Financial Group?
Latest data suggests 496 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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