SmartFinancial (SMBK) Stock Forecast, Price Target & Predictions
SMBK Stock Forecast
SmartFinancial stock forecast is as follows: an average price target of $26.50 (represents a -10.08% downside from SMBK’s last price of $29.47) 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 $26.50 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $27.00 to $26.00. This represents a potential -10.08% downside from SMBK's last price of $29.47.
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 |
|---|---|---|---|---|---|---|
| May 23, 2024 | Russell Gunther | Stephens | $27.00 | $23.36 | 15.58% | -8.38% |
| Apr 24, 2024 | Stephen Scouten | Piper Sandler | $26.00 | $20.93 | 24.20% | -11.77% |
The latest SmartFinancial stock forecast, released on May 23, 2024 by Russell Gunther from Stephens, set a price target of $27.00, which represents a 15.58% increase from the stock price at the time of the forecast ($23.36), and a -8.38% decrease from SMBK last price ($29.47).
SmartFinancial Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $26.50 |
| Last Closing Price | $29.47 | $29.47 | $29.47 |
| Upside/Downside | -100.00% | -100.00% | -10.08% |
In the current month, the average price target of SmartFinancial stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to SmartFinancial's last price of $29.47. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 23, 2024 | Piper Sandler | Underperform | Neutral | Downgrade |
| May 23, 2024 | Piper Sandler | Underperform | Underperform | Hold |
| May 23, 2024 | Stephens | Market Perform | Market Perform | 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 Piper Sandler on Jul 23, 2024. The company Downgrade its SMBK rating from "Underperform" to "Neutral".
SmartFinancial Financial Forecast
SmartFinancial Revenue Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jul 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 | Dec 17 | Sep 17 | Jun 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | $31.70M | - | $42.91M | $44.74M | $42.96M | - | $37.23M | $36.66M | $36.69M | $32.04M | $31.95M | $30.89M | $29.59M | $28.70M | $24.92M | $23.45M | $22.78M | $22.25M | $22.13M | $23.05M | $20.10M | $20.38M | $17.79M | $16.49M | $11.78M | $11.19M |
| Avg Forecast | $42.55M | $40.07M | $39.14M | $39.14M | $38.93M | $40.96M | $37.63M | $40.59M | $37.23M | $37.23M | $34.21M | $36.90M | $33.85M | $33.85M | $25.44M | $29.10M | $28.44M | $25.57M | $41.42M | $18.76M | $22.43M | $18.43M | $26.70M | $24.29M | $19.51M | $20.46M | $20.71M | $148.41M | $15.21M | $13.20M |
| High Forecast | $42.90M | $40.49M | $39.54M | $39.32M | $39.28M | $49.15M | $45.15M | $48.71M | $44.68M | $44.68M | $41.05M | $44.28M | $40.62M | $40.62M | $30.53M | $34.91M | $34.12M | $30.68M | $49.71M | $22.51M | $26.92M | $22.12M | $32.04M | $29.15M | $23.41M | $24.55M | $24.85M | $178.09M | $18.25M | $15.84M |
| Low Forecast | $42.07M | $39.60M | $38.68M | $38.90M | $38.40M | $32.77M | $30.10M | $32.47M | $29.79M | $29.79M | $27.36M | $29.52M | $27.08M | $27.08M | $20.35M | $23.28M | $22.75M | $20.45M | $33.14M | $15.00M | $17.95M | $14.74M | $21.36M | $19.43M | $15.61M | $16.37M | $16.56M | $118.73M | $12.17M | $10.56M |
| # Analysts | 4 | 2 | 1 | 3 | 6 | 13 | 20 | 15 | 20 | 19 | 9 | 17 | 12 | 11 | 7 | 18 | 16 | 9 | 17 | 14 | 19 | 18 | 11 | 14 | 11 | 18 | 18 | 8 | 10 | 7 |
| Surprise % | - | - | - | - | 0.81% | - | 1.14% | 1.10% | 1.15% | - | 1.09% | 0.99% | 1.08% | 0.95% | 1.26% | 1.06% | 1.04% | 1.12% | 0.60% | 1.25% | 1.02% | 1.21% | 0.83% | 0.95% | 1.03% | 1.00% | 0.86% | 0.11% | 0.77% | 0.85% |
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
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jul 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 | Dec 17 | Sep 17 | Jun 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 2 | 1 | 3 | 6 | 13 | 20 | 15 | 20 | 19 | 9 | 17 | 12 | 11 | 7 | 18 | 16 | 9 | 17 | 14 | 19 | 18 | 11 | 14 | 11 | 18 | 18 | 8 | 10 | 7 |
| EBITDA | - | - | - | - | $3.03M | - | $32.68M | $36.32M | $22.90M | - | $15.69M | $13.35M | $16.77M | $15.84M | $16.95M | $16.42M | $13.83M | $12.95M | $10.46M | $14.13M | $15.32M | $21.17M | $11.70M | $4.80M | $10.87M | $9.66M | $7.85M | $6.50M | $4.57M | $4.26M |
| Avg Forecast | $19.88M | $18.72M | $18.28M | $18.28M | $18.19M | $14.86M | $17.58M | $15.40M | $10.15M | $13.51M | $16.54M | $14.00M | $9.22M | $12.28M | $13.50M | $10.31M | $13.14M | $11.37M | $14.50M | $11.31M | $14.55M | $9.65M | $13.46M | $5.06M | $10.21M | $9.35M | $8.78M | $58.53M | $5.48M | $4.82M |
| High Forecast | $20.04M | $18.91M | $18.47M | $18.37M | $18.35M | $17.83M | $21.09M | $18.48M | $12.17M | $16.21M | $19.84M | $16.80M | $11.07M | $14.74M | $16.20M | $12.37M | $15.76M | $13.64M | $17.41M | $13.57M | $17.46M | $11.58M | $16.15M | $6.07M | $12.26M | $11.21M | $10.53M | $70.24M | $6.58M | $5.78M |
| Low Forecast | $19.65M | $18.50M | $18.07M | $18.17M | $17.94M | $11.89M | $14.06M | $12.32M | $8.12M | $10.81M | $13.23M | $11.20M | $7.38M | $9.82M | $10.80M | $8.25M | $10.51M | $9.10M | $11.60M | $9.05M | $11.64M | $7.72M | $10.77M | $4.05M | $8.17M | $7.48M | $7.02M | $46.83M | $4.39M | $3.85M |
| Surprise % | - | - | - | - | 0.17% | - | 1.86% | 2.36% | 2.26% | - | 0.95% | 0.95% | 1.82% | 1.29% | 1.26% | 1.59% | 1.05% | 1.14% | 0.72% | 1.25% | 1.05% | 2.19% | 0.87% | 0.95% | 1.06% | 1.03% | 0.89% | 0.11% | 0.83% | 0.88% |
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
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jul 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 | Dec 17 | Sep 17 | Jun 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 2 | 1 | 3 | 6 | 13 | 20 | 15 | 20 | 19 | 9 | 17 | 12 | 11 | 7 | 18 | 16 | 9 | 17 | 14 | 19 | 18 | 11 | 14 | 11 | 18 | 18 | 8 | 10 | 7 |
| Net Income | - | - | - | - | $2.07M | - | $11.50M | $13.00M | $11.54M | - | $8.26M | $6.66M | $9.60M | $8.78M | $9.76M | $9.03M | $6.39M | $6.17M | $2.73M | $6.73M | $5.96M | $9.12M | $4.73M | $6.43M | $4.32M | $3.93M | $3.41M | $38.06K | $1.68M | $1.65M |
| Avg Forecast | $8.59M | $6.64M | $37.87M | $7.25M | $7.92M | $8.24M | $34.43M | $8.54M | $5.81M | $7.49M | $31.30M | $7.76M | $5.28M | $6.81M | $7.77M | $5.67M | $6.08M | $5.42M | $3.79M | $5.39M | $5.66M | $4.16M | $5.44M | $6.78M | $4.06M | $3.80M | $3.82M | $342.51K | $2.02M | $1.86M |
| High Forecast | $8.71M | $6.73M | $45.45M | $7.41M | $8.09M | $9.88M | $41.31M | $10.25M | $6.97M | $8.99M | $37.56M | $9.32M | $6.34M | $8.17M | $9.32M | $6.80M | $7.29M | $6.50M | $4.55M | $6.46M | $6.80M | $4.99M | $6.53M | $8.14M | $4.87M | $4.57M | $4.58M | $411.01K | $2.43M | $2.24M |
| Low Forecast | $8.43M | $6.54M | $30.30M | $6.91M | $7.58M | $6.59M | $27.54M | $6.83M | $4.65M | $5.99M | $25.04M | $6.21M | $4.22M | $5.45M | $6.21M | $4.54M | $4.86M | $4.33M | $3.03M | $4.31M | $4.53M | $3.33M | $4.35M | $5.42M | $3.25M | $3.04M | $3.05M | $274.01K | $1.62M | $1.49M |
| Surprise % | - | - | - | - | 0.26% | - | 0.33% | 1.52% | 1.99% | - | 0.26% | 0.86% | 1.82% | 1.29% | 1.26% | 1.59% | 1.05% | 1.14% | 0.72% | 1.25% | 1.05% | 2.19% | 0.87% | 0.95% | 1.06% | 1.03% | 0.89% | 0.11% | 0.83% | 0.88% |
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
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jul 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 | Dec 17 | Sep 17 | Jun 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 2 | 1 | 3 | 6 | 13 | 20 | 15 | 20 | 19 | 9 | 17 | 12 | 11 | 7 | 18 | 16 | 9 | 17 | 14 | 19 | 18 | 11 | 14 | 11 | 18 | 18 | 8 | 10 | 7 |
| SG&A | - | - | - | - | $17.96M | - | $17.64M | $19.44M | $19.18M | - | $17.64M | $17.45M | $16.11M | $14.31M | $12.81M | $12.59M | $12.38M | $11.33M | $10.92M | $10.97M | $9.39M | $10.00M | $9.49M | $8.70M | $8.73M | $8.78M | $7.99M | $7.17M | $5.80M | $5.42M |
| Avg Forecast | $114.50M | $107.83M | $464.00K | $105.33M | $104.76M | $13.43M | $421.82K | $22.40M | $9.74M | $12.21M | $383.47K | $20.36M | $8.86M | $11.10M | $10.20M | $7.90M | $11.76M | $9.95M | $15.15M | $8.78M | $8.92M | $4.56M | $10.91M | $9.17M | $8.20M | $8.50M | $8.93M | $64.55M | $6.96M | $6.13M |
| High Forecast | $115.45M | $108.95M | $556.80K | $105.81M | $105.70M | $16.12M | $506.18K | $26.88M | $11.69M | $14.65M | $460.16K | $24.44M | $10.63M | $13.32M | $12.24M | $9.48M | $14.11M | $11.94M | $18.18M | $10.54M | $10.70M | $5.47M | $13.09M | $11.00M | $9.84M | $10.20M | $10.71M | $77.46M | $8.35M | $7.36M |
| Low Forecast | $113.21M | $106.57M | $371.20K | $104.68M | $103.34M | $10.74M | $337.45K | $17.92M | $7.80M | $9.77M | $306.78K | $16.29M | $7.09M | $8.88M | $8.16M | $6.32M | $9.41M | $7.96M | $12.12M | $7.02M | $7.14M | $3.65M | $8.73M | $7.33M | $6.56M | $6.80M | $7.14M | $51.64M | $5.57M | $4.90M |
| Surprise % | - | - | - | - | 0.17% | - | 41.81% | 0.87% | 1.97% | - | 46.01% | 0.86% | 1.82% | 1.29% | 1.26% | 1.59% | 1.05% | 1.14% | 0.72% | 1.25% | 1.05% | 2.19% | 0.87% | 0.95% | 1.06% | 1.03% | 0.89% | 0.11% | 0.83% | 0.88% |
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
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jul 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 | Dec 17 | Sep 17 | Jun 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 2 | 1 | 3 | 6 | 13 | 20 | 15 | 20 | 19 | 9 | 17 | 12 | 11 | 7 | 18 | 16 | 9 | 17 | 14 | 19 | 18 | 11 | 14 | 11 | 18 | 18 | 8 | 10 | 7 |
| EPS | - | - | - | - | $0.12 | - | $0.69 | $0.78 | $0.69 | - | $0.49 | $0.40 | $0.62 | $0.59 | $0.65 | $0.60 | $0.42 | $0.41 | $0.19 | $0.48 | $0.43 | $0.65 | $0.34 | $0.48 | $0.34 | $0.32 | $0.30 | - | $0.20 | $0.20 |
| Avg Forecast | $0.51 | $0.39 | $0.41 | $0.43 | $0.47 | $1.19 | $1.43 | $1.95 | $1.27 | $1.15 | $1.43 | $1.89 | $1.25 | $1.01 | $0.43 | $0.27 | $0.38 | $0.22 | $0.43 | $0.32 | $0.38 | $0.19 | $0.46 | $0.39 | $0.31 | $0.30 | $0.38 | $0.18 | $0.30 | $0.26 |
| High Forecast | $0.52 | $0.40 | $0.42 | $0.44 | $0.48 | $1.20 | $1.45 | $1.97 | $1.29 | $1.17 | $1.45 | $1.92 | $1.26 | $1.03 | $0.52 | $0.32 | $0.46 | $0.26 | $0.52 | $0.38 | $0.46 | $0.22 | $0.55 | $0.47 | $0.37 | $0.36 | $0.46 | $0.22 | $0.36 | $0.31 |
| Low Forecast | $0.50 | $0.39 | $0.40 | $0.41 | $0.45 | $1.18 | $1.41 | $1.94 | $1.25 | $1.14 | $1.41 | $1.87 | $1.23 | $1.00 | $0.34 | $0.22 | $0.30 | $0.18 | $0.34 | $0.26 | $0.30 | $0.15 | $0.37 | $0.31 | $0.25 | $0.24 | $0.30 | $0.14 | $0.24 | $0.21 |
| Surprise % | - | - | - | - | 0.26% | - | 0.48% | 0.40% | 0.54% | - | 0.34% | 0.21% | 0.50% | 0.58% | 1.51% | 2.22% | 1.11% | 1.86% | 0.44% | 1.50% | 1.13% | 3.42% | 0.74% | 1.23% | 1.10% | 1.07% | 0.79% | 0.02% | 0.67% | 0.77% |
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 $26.5 with a range of $26 to $27, implying a -10.08% from its last price of $29.47. 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 -10.08% (from the last price of $29.47 to the average price target of $26.5), down by -8.38% based on the highest stock price target, and down by -11.77% based on the lowest stock price target.
Can SmartFinancial stock reach $40?
SMBK's average twelve months analyst stock price target of $26.5 does not support the claim that SmartFinancial can reach $40 in the near future.
What are SmartFinancial's analysts' financial forecasts?
SMBK's analysts financial forecasts for the fiscal year (Dec 2023) are as follows: average revenue is $156.65M (high $172.9M, low $140.17M), average EBITDA is $68.9M (high $75.64M, low $62.06M), average net income is $57.83M (high $66.7M, low $48.62M), average SG&A $223.94M (high $228.14M, low $219.1M), and average EPS is $3.52 (high $3.57, low $3.45).
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 $149.27M by -95.72%. Apple's EBITDA was $88.88M, beating the average prediction of $55.59M by 59.90%. The company's net income was $43.02M, missing the average estimation of $53.14M by -19.03%. Apple's SG&A was $74.67M, beating the average forecast of $44.74M by 66.90%. Lastly, the company's EPS was $2.57, missing the average prediction of $5.81 by -55.76%. 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%