SmartFinancial (NASDAQ:SMBK) Reaches New 52-Week High – Time to Buy?

Posted by Stanley Muller on Aug 3rd, 2026

SmartFinancial, Inc. (NASDAQ:SMBK – Get Free Report)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $54.14 and last traded at $52.9060, with a volume of 29244 shares. The stock had previously closed at $52.40.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Raymond James Financial restated a “strong-buy” rating and issued a $58.00 target price on shares of SmartFinancial in a research note on Wednesday, July 22nd. Stephens increased their price target on SmartFinancial from $45.00 to $47.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 23rd. Keefe, Bruyette & Woods lifted their price objective on SmartFinancial from $46.00 to $50.00 and gave the stock a “market perform” rating in a report on Thursday, July 23rd. Finally, Benchmark boosted their price objective on SmartFinancial from $54.00 to $56.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, SmartFinancial currently has a consensus rating of “Moderate Buy” and a consensus price target of $49.75.

Check Out Our Latest Analysis on SMBK

SmartFinancial Price Performance

The business’s 50-day moving average price is $46.07 and its 200 day moving average price is $42.43. The company has a market capitalization of $907.99 million, a P/E ratio of 24.82 and a beta of 0.70. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.10.

SmartFinancial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 31st will be paid a $0.09 dividend. The ex-dividend date is Friday, July 31st. This represents a $0.36 annualized dividend and a yield of 0.7%. SmartFinancial’s dividend payout ratio is currently 10.62%.

Insider Buying and Selling at SmartFinancial

In other news, Director Victor Lynn Barrett purchased 3,000 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The shares were purchased at an average price of $43.78 per share, with a total value of $131,340.00. Following the completion of the acquisition, the director owned 151,724 shares in the company, valued at $6,642,476.72. This trade represents a 2.02% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Cathy G. Ackermann acquired 3,000 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The shares were acquired at an average cost of $42.12 per share, with a total value of $126,360.00. Following the purchase, the director directly owned 19,831 shares of the company’s stock, valued at $835,281.72. This trade represents a 17.82% increase in their position. The SEC filing for this purchase provides additional information. 6.93% of the stock is owned by company insiders.

Institutional Investors Weigh In On SmartFinancial

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in SmartFinancial by 3.2% during the third quarter. Vanguard Group Inc. now owns 846,978 shares of the bank’s stock valued at $30,263,000 after purchasing an additional 26,373 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of SmartFinancial by 0.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 838,797 shares of the bank’s stock worth $31,027,000 after buying an additional 2,268 shares during the last quarter. Wellington Management Group LLP increased its holdings in shares of SmartFinancial by 12.5% in the 4th quarter. Wellington Management Group LLP now owns 728,151 shares of the bank’s stock worth $26,934,000 after buying an additional 80,639 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of SmartFinancial by 3.2% during the 4th quarter. Renaissance Technologies LLC now owns 178,374 shares of the bank’s stock valued at $6,598,000 after buying an additional 5,500 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of SmartFinancial by 55.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 163,240 shares of the bank’s stock valued at $6,038,000 after buying an additional 58,560 shares in the last quarter. 58.78% of the stock is owned by hedge funds and other institutional investors.

About SmartFinancial

(Get Free Report)

SmartFinancial, Inc is a bank holding company headquartered in Knoxville, Tennessee, operating through its primary subsidiary, SmartBank. Incorporated in 2006, the company provides a full suite of banking and financial services to individuals, small and middle-market businesses and public entities across its regional footprint. SmartFinancial’s network of branch offices and digital platforms combines community-banking relationships with modern technology to serve its customers’ evolving needs.

Through SmartBank, the company offers a broad range of deposit products, including checking, savings and certificate of deposit accounts, alongside consumer and commercial lending solutions.