Summit Financial Group, Inc. (SMMF)
Stock Price:
$18.00 USD
-0.67 (-3.59%)
Updated Oct 26, 2020 4:00 PM EDT - Market closed
Key Info
| Market Cap |
233.58M |
| Revenue (ttm) |
90.77M |
| Net Income (ttm) |
27.66M |
| Shares Out |
12.98M |
| EPS (ttm) |
2.27 |
| PE Ratio |
7.93 |
| Forward PE |
n/a |
| Dividend |
$0.68 |
| Dividend Yield |
3.78% |
Stock Quote
| Trading Day |
Oct 26, 2020 |
| Last Price |
$18.00 |
| Previous Close |
$18.67 |
| Change ($) |
-0.67 |
| Change (%) |
-3.59% |
| Day's Open |
18.40 |
| Day's Range |
17.73 - 18.87 |
| Day's Volume |
12,268 |
| 52-Week Range |
13.48 - 27.83 |
More Stats
| Market Cap |
233.58M |
| Enterprise Value |
302.04M |
| Earnings Date (est) |
Jan 22, 2021 |
| Ex-Dividend Date |
Sep 14, 2020 |
| Shares Outstanding |
12.98M |
| Float |
10.29M |
| EPS (basic) |
2.20 |
| EPS (diluted) |
2.27 |
| FCF / Share |
2.47 |
| Dividend |
$0.68 |
| Dividend Yield |
3.78% |
| Earnings Yield |
12.61% |
| FCF Yield |
13.72% |
| Payout Ratio |
29.10% |
| Shares Short |
66,207 |
| Short Ratio |
4.84 |
| Short % of Float |
0.64% |
| Beta |
0.42 |
| PE Ratio |
7.93 |
| Forward PE |
n/a |
| P/FCF Ratio |
7.29 |
| PS Ratio |
2.57 |
| PB Ratio |
0.81 |
| Revenue |
90.77M |
| Operating Income |
34.61M |
| Net Income |
27.66M |
| Free Cash Flow |
32.04M |
| Net Cash |
-68.45M |
| Net Cash / Share |
-5.27 |
| Gross Margin |
98.85% |
| Operating Margin |
38.13% |
| Profit Margin |
30.50% |
| FCF Margin |
35.30% |
| ROA |
1.11% |
| ROE |
11.36% |
| ROIC |
1.30% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (0)
| Buy |
0 |
| Overweight |
0 |
| Hold |
0 |
| Underweight |
0 |
| Sell |
0 |
Price Target
$17.50*
(-2.78% downside)
Low
17.0
Current: $18.00
High
18.0
Target: 17.50
*Average 12-month price target from 2 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 94.74 | 84.97 | 79.32 | 60.11 | 56.63 | 51.36 | 45.51 | 44.20 | 41.75 | 26.54 |
| Revenue Growth | 11.5% | 7.12% | 31.97% | 6.15% | 10.26% | 12.84% | 2.97% | 5.87% | 57.3% | - |
| Gross Profit | 94.74 | 84.97 | 79.32 | 60.11 | 56.63 | 51.36 | 45.51 | 44.20 | 41.75 | 26.54 |
| Operating Income | 39.58 | 35.10 | 21.58 | 25.31 | 23.00 | 16.03 | 10.76 | 6.93 | 5.11 | -4.93 |
| Net Income | 31.87 | 28.07 | 11.92 | 17.30 | 16.10 | 11.36 | 8.07 | 5.71 | 4.07 | -1.98 |
| Shares Outstanding | 12.47 | 12.47 | 12.43 | 10.70 | 10.85 | 7.46 | 7.45 | 7.43 | 7.43 | 7.43 |
| Earnings Per Share | 2.53 | 2.26 | 1.00 | 1.61 | 1.50 | 1.17 | 0.84 | 0.60 | 0.49 | -0.31 |
| EPS Growth | 11.95% | 126% | -37.89% | 7.33% | 28.21% | 39.29% | 40% | 22.45% | - | - |
| Dividend Per Share | 0.59 | 0.53 | 0.44 | 0.40 | 0.32 | - | - | - | - | - |
| Dividend Growth | 11.32% | 20.45% | 10% | 25% | - | - | - | - | - | - |
| Operating Cash Flow | 40.93 | 38.52 | 24.37 | 23.21 | 23.65 | 25.60 | 28.17 | 21.75 | 18.23 | 21.10 |
| Capital Expenditures | -3.60 | -4.44 | -0.62 | 2.89 | 10.64 | 14.10 | 10.01 | 9.03 | 12.95 | 17.87 |
| Free Cash Flow | 37.33 | 34.08 | 23.76 | 26.10 | 34.28 | 39.70 | 38.18 | 30.78 | 31.18 | 38.97 |
| Cash & Equivalents | 61.89 | 59.54 | 52.63 | 46.62 | 9.49 | 12.51 | 11.78 | 14.80 | 32.69 | 50.35 |
| Total Debt | 220 | 329 | 316 | 291 | 267 | 238 | 263 | 244 | 323 | 342 |
| Net Cash / Debt | -158 | -270 | -263 | -244 | -257 | -225 | -251 | -229 | -290 | -292 |
| Assets | 2,403 | 2,201 | 2,134 | 1,759 | 1,492 | 1,444 | 1,386 | 1,387 | 1,450 | 1,478 |
| Liabilities | 2,156 | 1,981 | 1,933 | 1,603 | 1,349 | 1,312 | 1,275 | 1,279 | 1,348 | 1,388 |
| Book Value | 248 | 220 | 202 | 155 | 144 | 132 | 111 | 109 | 103 | 89.82 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Summit Financial Group, Inc. |
| Country |
United States |
| Employees |
383 |
| CEO |
H. Charles Maddy |
Stock Information
| Ticker Symbol |
SMMF |
| Stock Exchange |
NASDAQ |
| Sector |
Financial Services |
| Industry |
Banks—Regional |
| Unique Identifier |
NASDAQ: SMMF |
| IPO Date |
May 4, 1998 |
Description
Summit Financial Group 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.