SUMMIT FINANCIAL GROUP INC (SMMF) Forecast, Price Target & Analyst Ratings

NASDAQ:SMMF • US86606G1013

Current stock price

25.7 USD
-0.66 (-2.5%)
At close:
25.7 USD
0 (0%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for SUMMIT FINANCIAL GROUP INC (SMMF).

Forecast Snapshot

Consensus Price Target

Price Target
$30.60
+ 19.07% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Jul 25, 2024
Period
Q2 / 2024
EPS Estimate
$0.98
Revenue Estimate
45.473M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
43.33%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$30.60
Upside
+ 19.07%
From current price of $25.70 to mean target of $30.60, Based on 6 analyst forecasts
Low
$30.30
Median
$30.60
High
$31.50

Price Target Revisions

1 Month
0.00%
3 Months
30.43%

Price Target Summary

6 Wall Street analysts provided a forecast for the next 12 months for SMMF. The average price target is 30.6 USD. This implies a price increase of 19.07% is expected in the next year compared to the current price of 25.7.
The average price target has been revised upward by 30.43% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

SMMF Current Analyst RatingSMMF Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0.5 1 1.5 2 2.5

Analyst Ratings History

SMMF Historical Analyst RatingsSMMF Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6

Analyst Ratings Consensus

ChartMill Buy Consensus
43.33%
SMMF was analyzed by 6 analysts. The buy percentage consensus is at 43. So analysts seem to be rather negative about SMMF.
In the previous month the buy percentage consensus was at a similar level.
SMMF was analyzed by 6 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-08-29DA DavidsonMaintains Neutral -> Neutral
2021-07-30Piper SandlerUpgrade Neutral -> Overweight

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jul 25, 2024
Period
Q2 / 2024
EPS Estimate
$0.98
Revenue Estimate
45.473M
Revenue Q2Q
12.80%
EPS Q2Q
81.33%
Number of Analysts
3

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-2.26%
EPS (1 Month)
0.00%
EPS (3 Months)
-3.60%

Next Earnings Summary

SMMF is expected to report earnings on 7/25/2024. The consensus EPS estimate for the next earnings is 0.98 USD and the consensus revenue estimate is 45.47M USD.
The next earnings revenue estimate has been revised downward by 2.26% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2024 - 2025

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2021 2022 2023 2024 2025
Revenue
YoY % growth
SMMF revenue by date.SMMF revenue by date.
130.1M
12.54%		147.2M
13.14%		177.445M
20.55%		184.51M
3.98%		192.47M
4.31%
EBITDA
YoY % growth
SMMF ebitda by date.SMMF ebitda by date.
N/AN/AN/AN/AN/A
EBIT
YoY % growth
SMMF ebit by date.SMMF ebit by date.
N/AN/AN/AN/AN/A
Operating Margin
SMMF operating margin by date.SMMF operating margin by date.
N/AN/AN/AN/AN/A
EPS
YoY % growth
SMMF eps by date.SMMF eps by date.
3.48
43.80%		4.09
17.53%		3.84
-6.11%		4.08
6.25%		4.08

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 24 Q3 / 24 Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25
EPS
Q2Q % growth		0.98
81.33%		1.05
-7.84%		0.96
-9.55%		0.92
-19.47%		0.95
-3.12%		1.06
0.97%		1.15
20.21%
Revenue
Q2Q % growth		45.473M
12.80%		46.622M
12.96%		46.852M
0.55%		45.972M
2.16%		47.23M
3.86%		49.162M
5.45%		50.11M
6.95%
EBITDA
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

SMMF Yearly Revenue VS EstimatesSMMF Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
SMMF Yearly EPS VS EstimatesSMMF Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1 2 3 4

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

SUMMIT FINANCIAL GROUP INC / SMMF Forecast FAQ

What do analysts expect the price target to be for SUMMIT FINANCIAL GROUP INC (SMMF)?

6 analysts have analysed SMMF and the average price target is 30.6 USD. This implies a price increase of 19.07% is expected in the next year compared to the current price of 25.7.

What is the next earnings date for SMMF stock?

SUMMIT FINANCIAL GROUP INC (SMMF) will report earnings on 2024-07-25, after the market close.

Can you provide the consensus estimates for SUMMIT FINANCIAL GROUP INC next earnings?

The consensus EPS estimate for the next earnings of SUMMIT FINANCIAL GROUP INC (SMMF) is 0.98 USD and the consensus revenue estimate is 45.47M USD.