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Summit Financial Group - SMMF Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $27.00
  • Forecasted Upside: -0.74%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$27.20 As of 04/19/2024 01:00 AM ET
▲ +2.12 (8.45%)

This chart shows the closing price for SMMF by one month, three months, or twelve months.

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Analyst Price Target for SMMF

Analyst Price Target is $27.00
▼ -0.74% Downside Potential
This price target is based on 1 analysts offering 12 month price targets for Summit Financial Group in the last 3 months. The average price target is $27.00, with a high forecast of $27.00 and a low forecast of $27.00. The average price target represents a -0.74% upside from the last price of $27.20.

This chart shows the closing price for SMMF for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 1 contributing investment analysts is to hold stock in Summit Financial Group. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/27/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/25/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/25/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/24/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/22/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/20/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/20/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/19/2024

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/29/2023DA DavidsonBoost TargetNeutral ➝ Neutral$25.00 ➝ $27.00Low
11/1/2022Piper SandlerBoost Target$31.00Low
9/29/2022Piper SandlerLower Target$30.50Low
7/27/2022DA DavidsonReiterated RatingNeutralLow
7/4/2022Piper SandlerLower Target$31.50N/A
7/30/2021Piper SandlerUpgradeNeutral ➝ OverweightMedium
1/27/2020DA DavidsonReiterated RatingNeutralLow
(Data available from 4/19/2019 forward)

News Sentiment Rating

1.28 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2023
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2023
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2023
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2023
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/20/2024
  • 6 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/19/2024
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/20/2024
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/19/2024

Current Sentiment

  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Summit Financial Group logo
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.
Read More

Today's Range

Now: $27.20
Low: $25.50
High: $27.37

50 Day Range

MA: $26.27
Low: $25.03
High: $28.47

52 Week Range

Now: $27.20
Low: $17.06
High: $31.49

Volume

42,981 shs

Average Volume

24,791 shs

Market Capitalization

$399.40 million

P/E Ratio

7.12

Dividend Yield

3.49%

Beta

0.38

Frequently Asked Questions

What sell-side analysts currently cover shares of Summit Financial Group?

The following Wall Street research analysts have issued stock ratings on Summit Financial Group in the last twelve months: DA Davidson, and StockNews.com.
View the latest analyst ratings for SMMF.

What is the current price target for Summit Financial Group?

1 Wall Street analysts have set twelve-month price targets for Summit Financial Group in the last year. Their average twelve-month price target is $27.00, suggesting a possible downside of 0.7%. DA Davidson has the highest price target set, predicting SMMF will reach $27.00 in the next twelve months. DA Davidson has the lowest price target set, forecasting a price of $27.00 for Summit Financial Group in the next year.
View the latest price targets for SMMF.

What is the current consensus analyst rating for Summit Financial Group?

Summit Financial Group currently has 1 hold rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in SMMF, but not buy more shares or sell existing shares.
View the latest ratings for SMMF.

What other companies compete with Summit Financial Group?

Other companies that are similar to Summit Financial Group include Five Star Bancorp, Metropolitan Bank, First Foundation, CNB Financial and Washington Trust Bancorp. Learn More about companies similar to Summit Financial Group.

How do I contact Summit Financial Group's investor relations team?

Summit Financial Group's physical mailing address is 300 NORTH MAIN ST, MOOREFIELD WV, 26836. The bank's listed phone number is (304) 530-1000 and its investor relations email address is [email protected]. The official website for Summit Financial Group is www.summitfgi.com. Learn More about contacing Summit Financial Group investor relations.