SmartFinancial (SMBK) Stock Forecast, Price Target & Predictions
SMBK Stock Forecast
SmartFinancial stock forecast is as follows: an average price target of $30.33 (represents a -6.88% downside from SMBK’s last price of $32.57) and a rating consensus of 'Hold', based on 4 wall street analysts offering a 1-year stock forecast.
SMBK Price Target
The average price target for SmartFinancial (SMBK) is $30.33 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $36.00 to $27.00. This represents a potential -6.88% downside from SMBK's last price of $32.57.
SMBK Analyst Ratings
According to 4 Wall Street analysts, SmartFinancial's rating consensus is 'Hold'. The analyst rating breakdown for SMBK stock is 1 'Strong Buy' (25.00%), 0 'Buy' (0.00%), 3 'Hold' (75.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
SmartFinancial Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 23, 2024 | Steve Moss | Raymond James | $36.00 | $31.34 | 14.87% | 10.53% |
| Oct 22, 2024 | Stephen Scouten | Piper Sandler | $28.00 | $30.15 | -7.13% | -14.03% |
| May 23, 2024 | Russell Gunther | Stephens | $27.00 | $23.36 | 15.58% | -17.10% |
| Apr 24, 2024 | Stephen Scouten | Piper Sandler | $26.00 | $20.93 | 24.20% | -20.17% |
The latest SmartFinancial stock forecast, released on Oct 23, 2024 by Steve Moss from Raymond James, set a price target of $36.00, which represents a 14.87% increase from the stock price at the time of the forecast ($31.34), and a 10.53% increase from SMBK last price ($32.57).
SmartFinancial Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 2 | 4 |
| Avg Price Target | $32.00 | $32.00 | $29.25 |
| Last Closing Price | $32.57 | $32.57 | $32.57 |
| Upside/Downside | -1.75% | -1.75% | -10.19% |
In the current month, the average price target of SmartFinancial stock is $32.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a -1.75% decrease as opposed to SmartFinancial's last price of $32.57. This month's average price target is down 0.00% compared to last quarter, and up 9.40% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 23, 2024 | Raymond James | Strong Buy | Strong Buy | Hold |
| Oct 22, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jul 23, 2024 | Piper Sandler | Underperform | Neutral | Downgrade |
| May 23, 2024 | Stephens | Market Perform | Market Perform | Hold |
| May 23, 2024 | Piper Sandler | Underperform | Underperform | Hold |
| May 23, 2024 | Stephens | Overweight | Overweight | Hold |
| Apr 24, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Apr 24, 2024 | Piper Sandler | - | Overweight | Upgrade |
| Jul 31, 2023 | Raymond James | - | Strong Buy | Upgrade |
SmartFinancial's last stock rating was published by Raymond James on Oct 23, 2024. The company gave SMBK a "Strong Buy" rating, the same as its previous rate.
SmartFinancial Financial Forecast
SmartFinancial Revenue Forecast
| Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Mar 23 | Dec 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Sep 16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | $31.70M | $42.91M | $44.74M | $37.23M | $31.95M | $24.92M | $22.13M | $17.79M | $10.45M | $10.60M |
| Avg Forecast | $44.45M | $44.22M | $42.46M | $40.07M | $39.14M | $39.14M | $38.93M | $37.63M | $40.59M | $34.21M | $25.44M | $41.42M | $26.70M | $20.71M | $11.89M | $9.87M |
| High Forecast | $45.34M | $44.99M | $43.16M | $40.73M | $39.78M | $39.32M | $39.28M | $45.15M | $48.71M | $41.05M | $30.53M | $49.71M | $32.04M | $24.85M | $14.27M | $11.85M |
| Low Forecast | $43.01M | $42.97M | $41.34M | $39.01M | $38.11M | $38.90M | $38.40M | $30.10M | $32.47M | $27.36M | $20.35M | $33.14M | $21.36M | $16.56M | $9.51M | $7.90M |
| # Analysts | 3 | 4 | 2 | 1 | 1 | 3 | 6 | 20 | 15 | 9 | 7 | 17 | 11 | 18 | 7 | 7 |
| Surprise % | - | - | - | - | - | - | 0.81% | 1.14% | 1.10% | 1.09% | 1.26% | 0.60% | 0.83% | 0.86% | 0.88% | 1.07% |
SmartFinancial's average Quarter revenue forecast for Dec 23 based on 3 analysts is $39.14M, with a low forecast of $38.90M, and a high forecast of $39.32M. SMBK's average Quarter revenue forecast represents a 23.48% increase compared to the company's last Quarter revenue of $31.70M (Sep 23).
SmartFinancial EBITDA Forecast
| Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Mar 23 | Dec 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Sep 16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 4 | 2 | 1 | 1 | 3 | 6 | 20 | 15 | 9 | 7 | 17 | 11 | 18 | 7 | 7 |
| EBITDA | - | - | - | - | - | - | $3.03M | $32.68M | $36.32M | $15.69M | $16.95M | $10.46M | $11.70M | $7.85M | $4.27M | $4.22M |
| Avg Forecast | $20.76M | $20.66M | $19.83M | $18.72M | $18.28M | $18.28M | $18.19M | $17.58M | $15.40M | $15.98M | $13.50M | $14.50M | $13.46M | $8.78M | $4.67M | $3.80M |
| High Forecast | $21.18M | $21.02M | $20.16M | $19.03M | $18.58M | $18.37M | $18.35M | $21.09M | $18.48M | $19.17M | $16.20M | $17.41M | $16.15M | $10.53M | $5.61M | $4.56M |
| Low Forecast | $20.09M | $20.07M | $19.31M | $18.22M | $17.80M | $18.17M | $17.94M | $14.06M | $12.32M | $12.78M | $10.80M | $11.60M | $10.77M | $7.02M | $3.74M | $3.04M |
| Surprise % | - | - | - | - | - | - | 0.17% | 1.86% | 2.36% | 0.98% | 1.26% | 0.72% | 0.87% | 0.89% | 0.91% | 1.11% |
3 analysts predict SMBK's average Quarter EBITDA for Dec 23 to be $18.28M, with a high of $18.37M and a low of $18.17M. This is 502.81% upper than SmartFinancial's previous annual EBITDA (Sep 23) of $3.03M.
SmartFinancial Net Income Forecast
| Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Mar 23 | Dec 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Sep 16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 4 | 2 | 1 | 1 | 3 | 6 | 20 | 15 | 9 | 7 | 17 | 11 | 18 | 7 | 7 |
| Net Income | - | - | - | - | - | - | $2.07M | $11.50M | $13.00M | $8.26M | $9.76M | $2.73M | $4.73M | $3.41M | $1.64M | $1.61M |
| Avg Forecast | $9.10M | $9.10M | $8.00M | $6.64M | $37.87M | $7.25M | $7.92M | $34.43M | $8.54M | $31.30M | $7.77M | $3.79M | $5.44M | $3.82M | $1.80M | $1.45M |
| High Forecast | $10.11M | $9.60M | $8.17M | $6.78M | $45.45M | $7.41M | $8.09M | $41.31M | $10.25M | $37.56M | $9.32M | $4.55M | $6.53M | $4.58M | $2.16M | $1.74M |
| Low Forecast | $8.43M | $8.59M | $7.73M | $6.41M | $30.30M | $6.91M | $7.58M | $27.54M | $6.83M | $25.04M | $6.21M | $3.03M | $4.35M | $3.05M | $1.44M | $1.16M |
| Surprise % | - | - | - | - | - | - | 0.26% | 0.33% | 1.52% | 0.26% | 1.26% | 0.72% | 0.87% | 0.89% | 0.91% | 1.11% |
SmartFinancial's average Quarter net income forecast for Dec 23 is $7.25M, with a range of $6.91M to $7.41M. SMBK's average Quarter net income forecast represents a 250.54% increase compared to the company's last Quarter net income of $2.07M (Sep 23).
SmartFinancial SG&A Forecast
| Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Mar 23 | Dec 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Sep 16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 4 | 2 | 1 | 1 | 3 | 6 | 20 | 15 | 9 | 7 | 17 | 11 | 18 | 7 | 7 |
| SG&A | - | - | - | - | - | - | $17.96M | $17.64M | $19.44M | $17.64M | $12.81M | $10.92M | $9.49M | $7.99M | $5.30M | $5.10M |
| Avg Forecast | $119.62M | $119.00M | $114.26M | $107.83M | $464.00K | $105.33M | $104.76M | $421.82K | $22.40M | $383.47K | $10.20M | $15.15M | $10.91M | $8.93M | $5.81M | $4.59M |
| High Forecast | $122.01M | $121.07M | $116.14M | $109.61M | $556.80K | $105.81M | $105.70M | $506.18K | $26.88M | $460.16K | $12.24M | $18.18M | $13.09M | $10.71M | $6.97M | $5.51M |
| Low Forecast | $115.74M | $115.63M | $111.24M | $104.99M | $371.20K | $104.68M | $103.34M | $337.45K | $17.92M | $306.78K | $8.16M | $12.12M | $8.73M | $7.14M | $4.65M | $3.67M |
| Surprise % | - | - | - | - | - | - | 0.17% | 41.81% | 0.87% | 46.01% | 1.26% | 0.72% | 0.87% | 0.89% | 0.91% | 1.11% |
SmartFinancial's average Quarter SG&A projection for Dec 23 is $105.33M, based on 3 Wall Street analysts, with a range of $104.68M to $105.81M. The forecast indicates a 486.58% rise compared to SMBK last annual SG&A of $17.96M (Sep 23).
SmartFinancial EPS Forecast
| Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Mar 23 | Dec 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Sep 16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 4 | 2 | 1 | 1 | 3 | 6 | 20 | 15 | 9 | 7 | 17 | 11 | 18 | 7 | 7 |
| EPS | - | - | - | - | - | - | $0.12 | $0.69 | $0.78 | $0.49 | $0.65 | $0.19 | $0.34 | $0.30 | $0.22 | $0.28 |
| Avg Forecast | $0.54 | $0.54 | $0.47 | $0.39 | $0.41 | $0.43 | $0.47 | $1.43 | $1.95 | $1.43 | $0.43 | $0.43 | $0.46 | $0.38 | $0.23 | $0.18 |
| High Forecast | $0.60 | $0.57 | $0.49 | $0.40 | $0.42 | $0.44 | $0.48 | $1.46 | $2.00 | $1.43 | $0.52 | $0.52 | $0.55 | $0.46 | $0.28 | $0.22 |
| Low Forecast | $0.50 | $0.51 | $0.46 | $0.38 | $0.40 | $0.41 | $0.45 | $1.38 | $1.89 | $1.43 | $0.34 | $0.34 | $0.37 | $0.30 | $0.18 | $0.14 |
| Surprise % | - | - | - | - | - | - | 0.26% | 0.48% | 0.40% | 0.34% | 1.51% | 0.44% | 0.74% | 0.79% | 0.96% | 1.56% |
According to 3 Wall Street analysts, SmartFinancial's projected average Quarter EPS for Dec 23 is $0.43, with a low estimate of $0.41 and a high estimate of $0.44. This represents a 258.33% increase compared to SMBK previous annual EPS of $0.12 (Sep 23).
SMBK Forecast FAQ
Is SmartFinancial a good buy?
No, according to 4 Wall Street analysts, SmartFinancial (SMBK) is considered a 'Hold'. The rating consensus is based on 1 'Strong Buy' and 0 'Buy' recommendations, accounting for 25.00% of SMBK's total ratings.
What is SMBK's price target?
SmartFinancial (SMBK) average price target is $30.33 with a range of $27 to $36, implying a -6.88% from its last price of $32.57. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will SmartFinancial stock go up soon?
According to Wall Street analysts' prediction for SMBK stock, the company can go down by -6.88% (from the last price of $32.57 to the average price target of $30.33), up by 10.53% based on the highest stock price target, and down by -17.10% based on the lowest stock price target.
Can SmartFinancial stock reach $50?
SMBK's average twelve months analyst stock price target of $30.33 does not support the claim that SmartFinancial can reach $50 in the near future.
What is SmartFinancial's current price target trend?
2 Wall Street analysts forecast a $32 price target for SmartFinancial (SMBK) this month, down -1.75% from its last price of $32.57. Compared to the last 3 and 12 months, the average price target decreased by -1.75% and decreased by -10.19%, respectively.
What are SmartFinancial's analysts' financial forecasts?
SmartFinancial's analysts financial forecasts for the fiscal year (Dec 2023) are as follows: average revenue is $115.7M (high $123.75M, low $107.4M), average EBITDA is $54.04M (high $57.81M, low $50.17M), average net income is $49.59M (high $56.82M, low $42.03M), average SG&A $210.51M (high $212.02M, low $208.35M), and average EPS is $2.33 (high $2.38, low $2.24). SMBK's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $165.89M (high $168.66M, low $161.43M), average EBITDA is $77.49M (high $78.78M, low $75.41M), average net income is $61.61M (high $70.01M, low $53.03M), average SG&A $341.55M (high $347.37M, low $332.24M), and average EPS is $1.82 (high $1.88, low $1.75).
Did the SMBK's actual financial results beat the analysts' financial forecasts?
Based on SmartFinancial's last annual report (Dec 2022), the company's revenue was $6.38M, which missed the average analysts forecast of $74.8M by -91.47%. Apple's EBITDA was $88.88M, beating the average prediction of $31.38M by 183.29%. The company's net income was $43.02M, beating the average estimation of $39.84M by 7.99%. Apple's SG&A was $74.67M, beating the average forecast of $22.78M by 227.72%. Lastly, the company's EPS was $2.57, missing the average prediction of $3.38 by -24.02%. In terms of the last quarterly report (Sep 2023), SmartFinancial's revenue was $31.7M, missing the average analysts' forecast of $38.93M by -18.58%. The company's EBITDA was $3.03M, missing the average prediction of $18.19M by -83.32%. SmartFinancial's net income was $2.07M, missing the average estimation of $7.92M by -73.90%. The company's SG&A was $17.96M, missing the average forecast of $104.76M by -82.86%. Lastly, the company's EPS was $0.12, missing the average prediction of $0.47 by -74.47%