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NASDAQ:SMBK

SmartFinancial (SMBK) Stock Price, News & Analysis

SmartFinancial logo
$31.44 +0.15 (+0.48%)
(As of 04:45 PM ET)

About SmartFinancial Stock (NASDAQ:SMBK)

Key Stats

Today's Range
$30.87
$31.44
50-Day Range
$30.15
$36.86
52-Week Range
$19.00
$37.72
Volume
17,366 shs
Average Volume
47,408 shs
Market Capitalization
$532.15 million
P/E Ratio
16.21
Dividend Yield
1.02%
Price Target
$29.50
Consensus Rating
Hold

Company Overview

SmartFinancial, Inc. operates as the bank holding company for SmartBank that provides various financial services to individuals and corporate customers in Tennessee, Alabama, and Florida. It operates through Commercial Real Estate, Consumer Real Estate, Construction and Land Development, Commercial and Industrial, Leases, and Consumer and Other segments. The company offers noninterest-bearing and interest-bearing checking, interest-bearing demand, savings, money market, time deposit, individual retirement accounts, as well as certificates of deposit. It also provides commercial and residential real estate, consumer real estate, and construction and land development loans; commercial and financial loans and leases; commercial business and mortgage loans; and direct consumer installment, educational, agriculture, and other revolving credit loans; equipment financing, heavy equipment, semis, and trailers loans and leases to small and mid-size companies; letters of credit; and overdraft facilities. In addition, the company offers wealth management, insurance, mortgage origination, and internet and mobile banking services. SmartFinancial, Inc. is headquartered in Knoxville, Tennessee.

SmartFinancial Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
50th Percentile Overall Score

SMBK MarketRank™: 

SmartFinancial scored higher than 50% of companies evaluated by MarketBeat, and ranked 625th out of 937 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    SmartFinancial has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on no buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    SmartFinancial has only been the subject of 3 research reports in the past 90 days.

  • Read more about SmartFinancial's stock forecast and price target.
  • Earnings Growth

    Earnings for SmartFinancial are expected to grow by 18.81% in the coming year, from $2.02 to $2.40 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of SmartFinancial is 16.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.12.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of SmartFinancial is 16.21, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 25.10.

  • Price to Book Value per Share Ratio

    SmartFinancial has a P/B Ratio of 1.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for SMBK.
  • Dividend Yield

    SmartFinancial pays a meaningful dividend of 1.02%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    SmartFinancial does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of SmartFinancial is 16.49%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, SmartFinancial will have a dividend payout ratio of 13.33% next year. This indicates that SmartFinancial will be able to sustain or increase its dividend.

  • Read more about SmartFinancial's dividend.
  • Short Interest

    There is no current short interest data available for SMBK.
  • News Sentiment

    SmartFinancial has a news sentiment score of 1.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for SmartFinancial this week, compared to 2 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, SmartFinancial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $262,600.00 in company stock.

  • Percentage Held by Insiders

    Only 7.68% of the stock of SmartFinancial is held by insiders.

  • Percentage Held by Institutions

    58.78% of the stock of SmartFinancial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about SmartFinancial's insider trading history.
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SMBK Stock News Headlines

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SmartFinancial Declares Quarterly Cash Dividend for Investors
Q3 2024 SmartFinancial Inc Earnings Call
KBW Reaffirms Their Hold Rating on SmartFinancial (SMBK)
SmartFinancial (SMBK) Receives a Hold from Piper Sandler
See More Headlines

SMBK Stock Analysis - Frequently Asked Questions

SmartFinancial's stock was trading at $24.49 on January 1st, 2024. Since then, SMBK shares have increased by 28.4% and is now trading at $31.44.
View the best growth stocks for 2024 here
.

SmartFinancial, Inc. (NASDAQ:SMBK) announced its quarterly earnings results on Monday, October, 21st. The bank reported $0.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.49 by $0.05. The bank had revenue of $73.10 million for the quarter, compared to analysts' expectations of $42.32 million. SmartFinancial had a net margin of 11.88% and a trailing twelve-month return on equity of 6.81%.

Top institutional shareholders of SmartFinancial include Banc Funds Co. LLC (3.04%), Cravens & Co Advisors LLC (2.67%), Wellington Management Group LLP (2.01%) and State Street Corp (1.99%). Insiders that own company stock include David Austin Ogle, William Young Jr Carroll, Geoffrey Alan Wolpert, Wesley Miller Welborn, Keith Edward Whaley, Gary Wayne Petty Jr, Cathy G Ackermann, Rhett D Jordan and John M Presley.
View institutional ownership trends
.

Shares of SMBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that SmartFinancial investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Tesla (TSLA), Broadcom (AVGO) and First Solar (FSLR).

Company Calendar

Last Earnings
10/21/2024
Ex-Dividend for 11/27 Dividend
11/12/2024
Dividend Payable
11/27/2024
Today
12/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:SMBK
Previous Symbol
OTCMKTS:CSBQ
Fax
N/A
Employees
550
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$29.50
High Stock Price Target
$36.00
Low Stock Price Target
$24.00
Potential Upside/Downside
-6.2%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$28.59 million
Pretax Margin
14.86%

Debt

Sales & Book Value

Annual Sales
$163.79 million
Cash Flow
$2.55 per share
Book Value
$27.06 per share

Miscellaneous

Free Float
15,626,000
Market Cap
$532.15 million
Optionable
Optionable
Beta
0.68

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This page (NASDAQ:SMBK) was last updated on 12/24/2024 by MarketBeat.com Staff
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