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StockNews.com Initiates Coverage on Summit Financial Group (NASDAQ:SMMF)

StockNews.com started coverage on shares of Summit Financial Group (NASDAQ:SMMF – Free Report) in a research note released on Friday morning. The brokerage issued a hold rating on the bank’s stock. Separately, DA Davidson lifted their target price on shares of Summit Financial Group from $25.00 to $27.00 and gave the stock a neutral rating […]

Summit Financial Group, Inc. (SMMF) to Issue Quarterly Dividend of $0.22 on December 29th

Summit Financial Group, Inc. (NASDAQ:SMMF – Get Free Report) declared a quarterly dividend on Tuesday, November 28th, Zacks reports. Investors of record on Friday, December 15th will be paid a dividend of 0.22 per share by the bank on Friday, December 29th. This represents a $0.88 annualized dividend and a yield of 3.72%. The ex-dividend […]

StockNews.com Initiates Coverage on Summit Financial Group (NASDAQ:SMMF)

StockNews.com started coverage on shares of Summit Financial Group (NASDAQ:SMMF – Free Report) in a research note issued to investors on Monday. The firm issued a hold rating on the bank’s stock. Separately, DA Davidson increased their price objective on Summit Financial Group from $25.00 to $27.00 and gave the stock a neutral rating in […]

Summit Financial Group, Inc. (NASDAQ:SMMF) Sees Large Increase in Short Interest

Summit Financial Group, Inc. (NASDAQ:SMMF – Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 78,800 shares, an increase of 14.5% from the September 30th total of 68,800 shares. Approximately 0.7% of the shares of the company […]

Summit Financial Group (NASDAQ:SMMF) Posts Quarterly Earnings Results

Summit Financial Group (NASDAQ:SMMF – Get Free Report) issued its earnings results on Thursday. The bank reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.06, MarketWatch Earnings reports. Summit Financial Group had a return on equity of 14.60% and a net margin of 23.43%. The firm had […]

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