Summit Financial Group Trading Up 5.3 %
Shares of SMMF opened at $28.47 on Friday. The company’s fifty day moving average is $28.63 and its 200 day moving average is $25.06. Summit Financial Group has a fifty-two week low of $17.06 and a fifty-two week high of $31.49. The stock has a market capitalization of $417.94 million, a PE ratio of 7.45 and a beta of 0.40. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.90 and a current ratio of 0.90.
Summit Financial Group (NASDAQ:SMMF – Get Free Report) last posted its quarterly earnings results on Thursday, January 25th. The bank reported $1.11 EPS for the quarter, topping the consensus estimate of $1.10 by $0.01. The company had revenue of $72.32 million for the quarter. Summit Financial Group had a net margin of 20.97% and a return on equity of 14.35%. Sell-side analysts expect that Summit Financial Group will post 4 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
About Summit Financial Group
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.
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