SUMMIT FINANCIAL GROUP INC stock forecast: up to 20.21 USD SMMF stock price prognosis

STOCK

Forecast for Fri 28 Jul 2023 price 20.95

SUMMIT FINANCIAL GROUP INC stock price forecast for further price development up to 6.06% (time horizon: 1 day) and price target of 20.21 USD. Short-term (time horizon: 2 weeks) SUMMIT FINANCIAL GROUP INC share price prediction for 2023-07-28 with daily closed price projections

Key Facts

Symbol SMMF 

ISIN US86606G1013 

CUSIP 86606G101

Currency USD

Category State Commercial Banks

Forecast price change %

Finance numbers

Revenue 137,677,000.0

Earnings per share 2.86

Dividends 0.68

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On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

Summit Community Bank has senior management with extensive lending experience. The BHCA permits us to purchase or redeem our own securities. See the section captioned "Community Reinvestment Act" included elsewhere in this item. Discretionary contributions were made by the Company for 2020 of 5%. As of December 30, 2020, the bank had 64 accounts in this program. There are risks associated with this strategy. We are subject to environmental liability risk associated with lending activities. Changes in interest rates could negatively impact our future earnings. We are a separate and distinct legal entity from our subsidiaries. The junior subordinated debentures are senior to our shares of common stock. GENERAL RISKSThe value of our goodwill and other intangible assets may decline.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/811808/000081180821000009/0000811808-21-000009.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 86.80/100
    • Historical view, profit is growing.
    • Company revenue is growing faster compared with the industry.
    • Stock price is under book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
SUMMIT FINANCIAL GROUP, INC. 2022-12-31 239952
Allspring Global Investments Holdings, LLC 2022-12-31 2853
Verdence Capital Advisors LLC 2022-12-31 86260
FIFTH THIRD BANCORP 2022-12-31 47532
STRS OHIO 2022-12-31 15600

Fund ownership list is based on filling form information

Fund name Date Amount Profile
PACIFIC SELECT FUND 2022-12-31 1395 Long
PACIFIC SELECT FUND 2022-12-31 1473 Long
PACIFIC SELECT FUND 2022-12-31 3486 Long
iShares Trust 2022-12-31 280010 Long
iShares Trust 2022-12-31 118921 Long

SUMMIT FINANCIAL GROUP INC holding

CUSIP Symbol Name Title Of Class Value in 1000's Amount
084670108 0 BERKSHIRE HATHAWAY INC DEL CL A 937 2
78464A607 0 SPDR SER TR DJ REIT ETF 1022 11727
45866F104 0 INTERCONTINENTAL EXCHANGE IN COM 1024 9978
00162Q593 0 ALPS ETF TR MED BREAKTHGH 264 8700
911312106 0 UNITED PARCEL SERVICE INC CL B 244 1404

Insider trading for SUMMIT FINANCIAL GROUP INC

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1186833 Piccirillo Charles 2023-02-15 BUY Accept Accept Accept Accept
1186825 Hinkle Gary L 2023-02-01 BUY Accept Accept Accept Accept
1186836 Tissue Robert S 2023-02-02 BUY Accept Accept Accept Reject
1747705 Kitzmiller Jason A 2023-03-13 BUY Accept Accept Accept Accept
1897254 Upson Jill S 2022-09-14 BUY Accept Accept Accept Accept
1186818 Bean Oscar M 2023-05-02 BUY Accept Accept Accept Accept
1798595 Bowling Ronald L 2023-02-01 BUY Accept Accept Accept Accept
Assets / Liabilities

Bollinger Bollinger Bands for SUMMIT FINANCIAL GROUP INC can provide the information where the market is moving based on price information.

SUMMIT FINANCIAL GROUP INC Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.

Converting prices to returns SUMMIT FINANCIAL GROUP INC.

On-Balance Volume information for SUMMIT FINANCIAL GROUP INC. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for SUMMIT FINANCIAL GROUP INC. The indicator identify divergences between price and volume flow.

Aroon Oscillator information for SUMMIT FINANCIAL GROUP INC. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.

Average Directional Index (ADX) information for SUMMIT FINANCIAL GROUP INC. The index can be used to identify the strengh of a trend.

Moving Average Convergence Divergence (MACD) for SUMMIT FINANCIAL GROUP INC. The indicator helps to predict trend direction and the momentum of the trend.

Stochastic Oscillator as momentum indicator for SUMMIT FINANCIAL GROUP INC. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for SUMMIT FINANCIAL GROUP INC. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].

52W High 52W Low Market Cap

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SUMMIT FINANCIAL GROUP INC on Nasdaq

SUMMIT FINANCIAL GROUP INC on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2023-06-06 20.21 2023-06-03 13:55
2023-06-07 19.99 2023-06-03 13:55
2023-06-08 20.03 2023-06-03 13:55
2023-06-09 19.98 2023-06-03 13:55
2023-06-12 19.86 2023-06-03 13:55
2023-06-13 19.88 2023-06-03 13:55
2023-06-14 19.84 2023-06-03 13:55
2023-06-21 20.21 2023-06-03 13:55
2023-06-15 19.95 2023-06-03 13:55
2023-06-16 19.92 2023-06-03 13:55
2023-06-22 20.34 2023-06-03 13:55
2023-06-19 20.08 2023-06-03 13:55
2023-06-20 20.10 2023-06-03 13:55
2023-06-23 20.38 2023-06-03 13:55
2023-06-30 20.57 2023-06-03 13:55
2023-06-26 20.43 2023-06-03 13:55
2023-06-27 20.38 2023-06-03 13:55
2023-06-28 20.50 2023-06-03 13:55
2023-06-29 20.56 2023-06-03 13:55
2023-07-03 20.58 2023-06-03 13:55
2023-07-04 20.55 2023-06-03 13:55
2023-07-05 20.58 2023-06-03 13:55
2023-07-06 20.58 2023-06-03 13:55
2023-07-07 20.60 2023-06-03 13:55
2023-07-10 20.61 2023-06-03 13:55
2023-07-11 20.64 2023-06-03 13:55
2023-07-12 20.68 2023-06-03 13:55
2023-07-13 20.70 2023-06-03 13:55
2023-07-14 20.74 2023-06-03 13:55
2023-07-17 20.77 2023-06-03 13:55
2023-07-18 20.80 2023-06-03 13:55
2023-07-19 20.82 2023-06-03 13:55
2023-07-20 20.85 2023-06-03 13:55
2023-07-21 20.86 2023-06-03 13:55
2023-07-24 20.88 2023-06-03 13:55
2023-07-25 20.91 2023-06-03 13:55
2023-07-26 20.92 2023-06-03 13:55
2023-07-27 20.94 2023-06-03 13:55
2023-07-28 20.95 2023-06-03 13:55

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.