Summit Financial Group, Inc. (SMMF)
NASDAQ: SMMF · IEX Real-Time Price · USD
25.05
-0.07 (-0.28%)
Apr 15, 2024, 4:00 PM EDT - Market closed

Summit Financial Group Statistics

Total Valuation

SMMF has a market cap or net worth of $367.83 million. The enterprise value is $742.56 million.

Market Cap 367.83M
Enterprise Value 742.56M

Important Dates

The next estimated earnings date is Thursday, April 25, 2024, before market open.

Earnings Date Apr 25, 2024
Ex-Dividend Date Mar 14, 2024

Share Statistics

SMMF has 14.68 million shares outstanding. The number of shares has increased by 14.82% in one year.

Shares Outstanding 14.68M
Shares Change (YoY) +14.82%
Shares Change (QoQ) +0.02%
Owned by Insiders (%) 11.87%
Owned by Institutions (%) 42.08%
Float 12.72M

Valuation Ratios

The trailing PE ratio is 6.57 and the forward PE ratio is 6.14. SMMF's PEG ratio is 1.49.

PE Ratio 6.57
Forward PE 6.14
PS Ratio 2.23
Forward PS 1.99
PB Ratio 0.84
P/FCF Ratio 5.39
PEG Ratio 1.49
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.57, with an EV/FCF ratio of 10.87.

EV / Earnings 13.67
EV / Sales 4.50
EV / EBITDA 9.57
EV / EBIT 10.55
EV / FCF 10.87

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.97
Debt / EBITDA 5.50
Debt / FCF 6.25
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 13.30% and return on invested capital (ROIC) is 6.37%.

Return on Equity (ROE) 13.30%
Return on Assets (ROA) 1.20%
Return on Capital (ROIC) 6.37%
Revenue Per Employee $333,054
Profits Per Employee $109,554
Employee Count 496
Asset Turnover 0.04
Inventory Turnover n/a

Taxes

In the past 12 months, SMMF has paid $15.16 million in taxes.

Income Tax 15.16M
Effective Tax Rate 21.82%

Stock Price Statistics

The stock price has increased by +28.26% in the last 52 weeks. The beta is 0.40, so SMMF's price volatility has been lower than the market average.

Beta (1Y) 0.40
52-Week Price Change +28.26%
50-Day Moving Average 26.42
200-Day Moving Average 24.88
Relative Strength Index (RSI) 38.05
Average Volume (30 Days) 23,346

Short Selling Information

The latest short interest is 62,007, so 0.42% of the outstanding shares have been sold short.

Short Interest 62,007
Short Previous Month 81,964
Short % of Shares Out 0.42%
Short % of Float 0.49%
Short Ratio (days to cover) 2.33

Income Statement

In the last 12 months, SMMF had revenue of $165.20 million and earned $54.34 million in profits. Earnings per share was $3.81.

Revenue 165.20M
Gross Profit 165.20M
Operating Income 70.40M
Pretax Income 70.40M
Net Income 54.34M
EBITDA 77.59M
EBIT 70.40M
Earnings Per Share (EPS) $3.81
Full Income Statement

Balance Sheet

The company has $52.23 million in cash and $426.97 million in debt, giving a net cash position of -$374.73 million or -$25.52 per share.

Cash & Cash Equivalents 52.23M
Total Debt 426.97M
Net Cash -374.73M
Net Cash Per Share -$25.52
Equity / Book Value 440.21M
Book Value Per Share 29.98
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $73.73 million and capital expenditures -$5.44 million, giving a free cash flow of $68.29 million.

Operating Cash Flow 73.73M
Capital Expenditures -5.44M
Free Cash Flow 68.29M
FCF Per Share $4.65
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 42.62% and 32.89%.

Gross Margin 100.00%
Operating Margin 42.62%
Pretax Margin 42.62%
Profit Margin 32.89%
EBITDA Margin 46.97%
EBIT Margin 42.62%
FCF Margin 41.34%

Dividends & Yields

This stock pays an annual dividend of $0.88, which amounts to a dividend yield of 3.51%.

Dividend Per Share $0.88
Dividend Yield 3.51%
Dividend Growth (YoY) 10.26%
Years of Dividend Growth 9
Payout Ratio 23.10%
Buyback Yield -14.82%
Shareholder Yield -11.31%
Earnings Yield 14.77%
FCF Yield 18.56%
Dividend Details

Analyst Forecast

The average price target for SMMF is $27.00, which is 7.78% higher than the current price. The consensus rating is "Hold".

Price Target $27.00
Price Target Difference 7.78%
Analyst Consensus Hold
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on December 16, 2004. It was a forward split with a ratio of 2:1.

Last Split Date Dec 16, 2004
Split Type Forward
Split Ratio 2:1

Scores

Altman Z-Score n/a
Piotroski F-Score 4