SmartFinancial (NASDAQ:SMBK) posted its earnings results on Wednesday. The bank reported $0.59 EPS for the quarter, topping the consensus estimate of $0.43 by $0.16, Fidelity Earnings reports. SmartFinancial had a net margin of 17.20% and a return on equity of 7.34%.
SMBK stock opened at $20.45 on Friday. SmartFinancial has a 12 month low of $11.05 and a 12 month high of $23.93. The firm has a market cap of $311.56 million, a PE ratio of 13.63 and a beta of 0.81. The firm has a 50 day simple moving average of $18.85 and a 200 day simple moving average of $15.73. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.11 and a quick ratio of 1.10.
Several research analysts have commented on the stock. Zacks Investment Research cut shares of SmartFinancial from a “buy” rating to a “sell” rating in a research report on Thursday, December 24th. Stephens started coverage on shares of SmartFinancial in a research note on Wednesday, October 28th. They issued an “overweight” rating for the company. Finally, Raymond James upped their price target on shares of SmartFinancial from $18.00 to $22.00 and gave the stock an “outperform” rating in a research note on Thursday.
SmartFinancial Company Profile
SmartFinancial, Inc operates as the bank holding company for SmartBank that provides various financial services to individuals and corporate customers in Tennessee, Alabama, Florida, and Georgia. It accepts various deposit products, including interest bearing and non-interest bearing checking accounts, savings accounts, money market accounts, individual retirement accounts, and certificates of deposit.
See Also: What is the definition of a trade war?
Receive News & Ratings for SmartFinancial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SmartFinancial and related companies with MarketBeat.com's FREE daily email newsletter.