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Summit Financial Group, Inc. (SMMF)

Stock Price: $15.94 USD 0.94 (6.27%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 205.98M
Revenue (ttm) 88.86M
Net Income (ttm) 29.28M
Shares Out 12.92M
EPS (ttm) 2.17
PE Ratio 7.35
Forward PE n/a
Dividend $0.68
Dividend Yield 4.27%

Stock Quote

Trading Day Aug 7, 2020
Last Price $15.94
Previous Close $15.00
Change ($) 0.94
Change (%) 6.27%
Day's Open 15.07
Day's Range 15.00 - 15.96
Day's Volume 8,155
52-Week Range 13.48 - 27.83

More Stats

Market Cap 205.98M
Enterprise Value 346.57M
Earnings Date (est) Oct 22, 2020
Ex-Dividend Date Jun 12, 2020
Shares Outstanding 12.92M
Float 10.03M
EPS (basic) 2.34
EPS (diluted) 2.17
FCF / Share 2.50
Dividend $0.68
Dividend Yield 4.27%
Earnings Yield 13.61%
FCF Yield 15.81%
Payout Ratio 26.50%
Shares Short 73,544
Short Ratio 4.75
Short % of Float 0.77%
Beta 0.48
PE Ratio 7.35
Forward PE n/a
P/FCF Ratio 6.33
PS Ratio 2.32
PB Ratio 0.82
Revenue 88.86M
Operating Income 36.59M
Net Income 29.28M
Free Cash Flow 32.56M
Net Cash -140.59M
Net Cash / Share -10.88
Gross Margin 104.47%
Operating Margin 41.17%
Profit Margin 31.50%
FCF Margin 36.64%
ROA 1.07%
ROE 11.09%
ROIC 1.40%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (0)

Buy 0
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: n/a

Price Target

$16.75*
(5.08% upside)
Low
16.5
Current: $15.94
High
17.0
Target: 16.75
*Average 12-month price target from 2 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue94.7484.9779.3260.1156.6351.3645.5144.2041.7526.54
Revenue Growth11.5%7.12%31.97%6.15%10.26%12.84%2.97%5.87%57.3%-
Gross Profit94.7484.9779.3260.1156.6351.3645.5144.2041.7526.54
Operating Income39.5835.1021.5825.3123.0016.0310.766.935.11-4.93
Net Income31.8728.0711.9217.3016.1011.368.075.714.07-1.98
Shares Outstanding12.4712.4712.4310.7010.857.467.457.437.437.43
Earnings Per Share2.532.261.001.611.501.170.840.600.49-0.31
EPS Growth11.95%126%-37.89%7.33%28.21%39.29%40%22.45%--
Dividend Per Share0.590.530.440.400.32-----
Dividend Growth11.32%20.45%10%25%------
Operating Cash Flow40.9338.5224.3723.2123.6525.6028.1721.7518.2321.10
Capital Expenditures-3.60-4.44-0.622.8910.6414.1010.019.0312.9517.87
Free Cash Flow37.3334.0823.7626.1034.2839.7038.1830.7831.1838.97
Cash & Equivalents61.8959.5452.6346.629.4912.5111.7814.8032.6950.35
Total Debt220329316291267238263244323342
Net Cash / Debt-158-270-263-244-257-225-251-229-290-292
Assets2,4032,2012,1341,7591,4921,4441,3861,3871,4501,478
Liabilities2,1561,9811,9331,6031,3491,3121,2751,2791,3481,388
Book Value24822020215514413211110910389.82
Numbers in millions USD, except per-share numbers.

Company Profile

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, 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.