SmartFinancial Inc

Company Profile

SmartFinancial Inc had its IPO on 2001-01-02 under the ticker symbol SMBK.

The company operates in the Financial Services sector and Banks-Regional industry. SmartFinancial Inc has a staff strength of 583 employees.

Stock update

Shares of SmartFinancial Inc opened at $22.3 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $22.11 - $22.41, and closed at $22.22.

This is a -0.18% slip from the previous day's closing price.

A total volume of 21,799 shares were traded at the close of the day’s session.

In the last one week, shares of SmartFinancial Inc have slipped by -3.64%.

SmartFinancial Inc's Key Ratios

SmartFinancial Inc has a market cap of $378.51 million, indicating a price to book ratio of 1.1183 and a price to sales ratio of 2.9356.

In the last 12-months SmartFinancial Inc’s revenue was $166.88 million with a gross profit of $161.20 million and an EBITDA of $0. The EBITDA ratio measures SmartFinancial Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, SmartFinancial Inc’s operating margin was 38.88% while its return on assets stood at 0.94% with a return of equity of 10.37%.

In Q2, SmartFinancial Inc’s quarterly earnings growth was a negative -14.8% while revenue growth was a negative 1.2%.

SmartFinancial Inc’s PE and PEG Ratio

Forward PE

8.8574

Trailing PE

8.4

PEG

0

Its diluted EPS in the last 12-months stands at $2.65 per share while it has a forward price to earnings multiple of 8.8574 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into SmartFinancial Inc’s profitability.

SmartFinancial Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.9356.

SmartFinancial Inc stock pays annual dividends of $0.3 per share, indicating a yield of 1.43% and a payout ratio of 11.7%.

Balance sheet and cash flow metrics

Total Assets

$4.75 billion

Total Liabilities

$4.20 billion

Operating Cash Flow

$-45677000.00

Capital Expenditure

$1.50 million

Dividend Payout Ratio

11.7%

SmartFinancial Inc ended 2024 with $4.75 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.75 billion while shareholder equity stood at $444.85 million.

SmartFinancial Inc ended 2024 with $0 in deferred long-term liabilities, $4.20 billion in other current liabilities, 17004000.00 in common stock, $167.56 million in retained earnings and $96.15 million in goodwill. Its cash balance stood at $238.90 million and cash and short-term investments were $779.21 million. The company’s total short-term debt was $0 while long-term debt stood at $57.55 million.

SmartFinancial Inc’s total current assets stands at $845.61 million while long-term investments were $838.27 million and short-term investments were $540.31 million. Its net receivables were $66.40 million compared to accounts payable of $0 and inventory worth $0.

In 2024, SmartFinancial Inc's operating cash flow was $-45677000.00 while its capital expenditure stood at $1.50 million.

Comparatively, SmartFinancial Inc paid $0.12 in dividends in 2024.

Other key metrics

Current Trading Price

$22.22

52-Week High

$30.1944

52-Week Low

$18.7261

Analyst Target Price

$24.33

SmartFinancial Inc stock is currently trading at $22.22 per share. It touched a 52-week high of $30.1944 and a 52-week low of $30.1944. Analysts tracking the stock have a 12-month average target price of $24.33.

Its 50-day moving average was $23.38 and 200-day moving average was $24.26 The short ratio stood at 5.47 indicating a short percent outstanding of 0%.

Around 1590.2% of the company’s stock are held by insiders while 5007.6% are held by institutions.