Sumitomo Mitsui Financial Group Stock Price, News & Analysis (NYSE:SMFG) $9.87 +0.25 (+2.60%) (As of 12:33 PM ET) Add Compare Share Share Today's Range$9.84▼$9.9550-Day Range$9.06▼$10.1552-Week Range$6.66▼$10.58Volume1.36 million shsAverage Volume2.48 million shsMarket Capitalization$66.01 billionP/E Ratio11.48Dividend Yield2.94%Price TargetN/A Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Sumitomo Mitsui Financial Group MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.04% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth5.81%From $0.86 to $0.91 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.55 out of 5 starsFinance Sector329th out of 707 stocksCommercial Banks, Not Elsewhere Classified Industry17th out of 24 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Sumitomo Mitsui Financial Group. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.04% of the float of Sumitomo Mitsui Financial Group has been sold short.Short Interest Ratio / Days to CoverSumitomo Mitsui Financial Group has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Sumitomo Mitsui Financial Group has recently decreased by 12.63%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldSumitomo Mitsui Financial Group pays a meaningful dividend of 1.39%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSumitomo Mitsui Financial Group has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Sumitomo Mitsui Financial Group is 33.72%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Sumitomo Mitsui Financial Group will have a dividend payout ratio of 31.87% next year. This indicates that Sumitomo Mitsui Financial Group will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SMFG. Previous Next 2.8 News and Social Media Coverage News SentimentSumitomo Mitsui Financial Group has a news sentiment score of 1.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Sumitomo Mitsui Financial Group this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for SMFG on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat Follows2 people have added Sumitomo Mitsui Financial Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sumitomo Mitsui Financial Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.05% of the stock of Sumitomo Mitsui Financial Group is held by insiders.Percentage Held by InstitutionsOnly 1.62% of the stock of Sumitomo Mitsui Financial Group is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Sumitomo Mitsui Financial Group are expected to grow by 5.81% in the coming year, from $0.86 to $0.91 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sumitomo Mitsui Financial Group is 11.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.26.Price to Earnings Ratio vs. SectorThe P/E ratio of Sumitomo Mitsui Financial Group is 11.51, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 52.78.Price to Earnings Growth RatioSumitomo Mitsui Financial Group has a PEG Ratio of 1.47. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSumitomo Mitsui Financial Group has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Sumitomo Mitsui Financial Group Stock (NYSE:SMFG)Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides banking, leasing, securities, credit card, and consumer finance services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania. It operates through Wholesale Business Unit, Retail Business Unit, Global Business Unit, and Global Markets Business Unit segments. The company was incorporated in 2002 and is headquartered in Tokyo, Japan.Read More SMFG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SMFG Stock News HeadlinesDecember 5, 2023 | finance.yahoo.comManufacturers Bank Rebrands as SMBC MANUBANKNovember 27, 2023 | finance.yahoo.comSumitomo Mitsui CEO Ohta, Who Pushed Asia Growth, Dies at 65December 7, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 23, 2023 | msn.comJapan's Mizuho applies to set up securities company in ChinaNovember 13, 2023 | finance.yahoo.comMizuho Financial Group, Inc.: Mizuho Financial Group Earnings: Guidance Hike Remains Modest, Given Risks of Yen StrengtheningNovember 9, 2023 | finance.yahoo.comJapan’s Cabinet Set to Green Light $88 Billion Extra BudgetNovember 8, 2023 | thestreet.comGE Stock Advancing on Sumitomo Mitsui's Interest in Rail Leasing BusinessNovember 7, 2023 | finance.yahoo.comITE Management L.P. Affiliate Agrees to Acquire SMBC Rail ServicesDecember 7, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 7, 2023 | finance.yahoo.comJapan's SMFG logs $560 mln loss on sale of US freight car leasing unitOctober 11, 2023 | finance.yahoo.comU.S. Stocks Rise Ahead of Inflation DataOctober 11, 2023 | finance.yahoo.comU.S. Stocks Open Higher After Wholesale Inflation ReportOctober 11, 2023 | finance.yahoo.comNikkei Rises 0.6%, Led by Auto, Chip StocksOctober 5, 2023 | msn.comSumitomo Mitsui Financial Group Inc - ADR (SMFG) Price Target Increased by 11.27% to 16.08October 3, 2023 | finance.yahoo.comUPDATE 1-Lessor SMBC Aviation receives insurance settlement over Aeroflot jets stranded in RussiaSeptember 28, 2023 | finance.yahoo.comManufacturers Bank Announces Plans to Rebrand as SMBC MANUBANKSeptember 22, 2023 | finance.yahoo.comHigher Rates Are Supercharging Japan’s BanksSeptember 15, 2023 | msn.comKB vs. SMFG: Which Stock Is the Better Value Option?September 14, 2023 | seekingalpha.comSumitomo Mitsui Financial: Taking Profits, Risk Reward Profile Less AttractiveSeptember 11, 2023 | finance.yahoo.comSumitomo Mitsui Financial Group Inc (SMFG): A Deep Dive into Its Performance PotentialAugust 25, 2023 | finance.yahoo.comKB vs. SMFG: Which Stock Should Value Investors Buy Now?August 24, 2023 | benzinga.comP/E Ratio Insights for Sumitomo Mitsui Finl GrAugust 14, 2023 | finance.yahoo.comYen Slides Toward Intervention Zone on Wide Japan-US Yield GapAugust 3, 2023 | msn.comSumitomo Mitsui Financial Group Inc - ADR (SMFG) Price Target Decreased by 13.87% to 12.85July 31, 2023 | benzinga.comPeering Into Sumitomo Mitsui Finl Gr's Recent Short InterestJuly 31, 2023 | finance.yahoo.comJapan's megabanks eye BOJ boost after solid first quarterJuly 31, 2023 | finance.yahoo.comUPDATE 2-Japan's megabanks eye BOJ boost after solid first quarterSee More Headlines Receive SMFG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sumitomo Mitsui Financial Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/14/2023Today12/07/2023Next Earnings (Estimated)1/29/2024Fiscal Year End3/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Commercial banks, not elsewhere classified Sub-IndustryN/A SectorFinance Current SymbolNYSE:SMFG CUSIPN/A CIK1022837 Webwww.smfg.co.jp Phone(133) 282-8111Fax813-4333-9954Employees106,000Year Founded2001Profitability EPS (Most Recent Fiscal Year)$0.86 Trailing P/E Ratio11.18 Forward P/E Ratio11.18 P/E Growth1.47Net Income$6.83 billion Net Margins10.33% Pretax Margin22.60% Return on Equity6.51% Return on Assets0.32% Debt Debt-to-Equity Ratio2.09 Current Ratio1.04 Quick Ratio1.06 Sales & Book Value Annual Sales$3.80 trillion Price / Sales0.02 Cash Flow$1.24 per share Price / Cash Flow7.74 Book Value$14.57 per share Price / Book0.66Miscellaneous Outstanding Shares6,687,645,000Free Float6,684,301,000Market Cap$64.30 billion OptionableOptionable Beta0.64 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesJun Uchikawa (Age 58)Senior Managing Corporate Executive Officer, Group CIO & GM of IT Planning Dept. Comp: $432.32kFumihiko ItoSenior Managing Executive Officer, Group CFO, Group CSO & DirectorJun OkahashiGeneral Manager of Financial & Accounting DepartmentMr. Kohei OhashiSVP (IR Department)Yoshihiro Hyakutome (Age 58)Senior Managing Executive Officer & Group Chief Compliance Officer Mr. Takashi Kobayashi (Age 56)Senior Managing Corporate Executive Officer & Group Chief Human Resources Officer Mr. Rajeev Veeravalli Kannan (Age 51)Managing Executive Officer & Co-Head of Asia Pacific Division Mr. Takeshi Mikami (Age 57)Senior Managing Corporate Executive Officers & Group Chief Audit Executive Mr. Tetsuro Imaeda (Age 61)Deputy President, Co-Head of Global Business Unit & Representative Executive Officer Mr. Toru Nakashima (Age 60)Deputy President, Co-Head of Wholesale Business Unit & Representative Executive Officer More ExecutivesKey CompetitorsBank of MontrealNYSE:BMOBanco SantanderNYSE:SANBanco Bilbao Vizcaya ArgentariaNYSE:BBVAICICI BankNYSE:IBNCanadian Imperial Bank of CommerceNYSE:CMView All CompetitorsInstitutional OwnershipAmerican Century Companies Inc.Bought 67,464 shares on 11/30/2023Ownership: 0.017%Walleye Trading LLCBought 143,087 shares on 11/21/2023Ownership: 0.002%Morgan StanleySold 30,673 shares on 11/16/2023Ownership: 0.183%Creative PlanningBought 30,733 shares on 11/16/2023Ownership: 0.003%Tudor Investment Corp Et AlBought 39,305 shares on 11/16/2023Ownership: 0.001%View All Institutional Transactions Should I Buy Sumitomo Mitsui Financial Group Stock? SMFG Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Sumitomo Mitsui Financial Group was last updated on Monday, November 27, 2023 at 10:06 AM. Pros Here are some ways that investors could benefit from investing in Sumitomo Mitsui Financial Group, Inc.: Strong presence in multiple regions: Sumitomo Mitsui Financial Group, Inc. operates in Japan, the Americas, Europe, the Middle East, Asia, and Oceania. This diversified geographical presence allows the company to tap into various markets and potentially benefit from growth opportunities in different regions. Wide range of financial services: The company provides banking, leasing, securities, credit card, and consumer finance services. This diverse portfolio of services allows Sumitomo Mitsui Financial Group, Inc. to cater to different customer needs and generate revenue from multiple sources. Recent launch of US digital bank: Sumitomo Mitsui Financial Group, Inc. has launched a digital banking service in the United States. This move aims to tap into the growth potential of the U.S. consumer banking market and expand the company's presence in the country. Potential for net profit growth: The digital banking service targets some tens of billions of yen (hundreds of millions of dollars) in net profit within 10 years. If successful, this could contribute to the company's overall profitability and potentially benefit investors. Strong financial position: Sumitomo Mitsui Financial Group, Inc. is a well-established financial institution with a history dating back to 2002. The company's strong financial position and stability can provide investors with confidence in their investment. Cons Investors should be bearish about investing in Sumitomo Mitsui Financial Group, Inc. for these reasons: Market volatility: The financial industry is subject to market volatility, which can impact the performance of Sumitomo Mitsui Financial Group, Inc. and its stock price. Investors should be aware of the potential risks associated with market fluctuations. Regulatory challenges: The financial industry is heavily regulated, and changes in regulations can impact the operations and profitability of Sumitomo Mitsui Financial Group, Inc. Investors should stay updated on regulatory developments that may affect the company. Competition: The financial industry is highly competitive, with many players vying for market share. Sumitomo Mitsui Financial Group, Inc. faces competition from both domestic and international financial institutions, which could impact its market position and profitability. Interest rate risk: Changes in interest rates can affect the profitability of financial institutions. Sumitomo Mitsui Financial Group, Inc. may face challenges if interest rates fluctuate significantly, impacting its lending and investment activities. Economic downturns: Economic downturns can negatively impact the financial industry as a whole. Sumitomo Mitsui Financial Group, Inc. may face challenges during periods of economic recession or financial instability, which could affect its financial performance. SMFG Stock Analysis - Frequently Asked Questions Should I buy or sell Sumitomo Mitsui Financial Group stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sumitomo Mitsui Financial Group in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SMFG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SMFG, but not buy additional shares or sell existing shares. View SMFG analyst ratings or view top-rated stocks. How have SMFG shares performed in 2023? Sumitomo Mitsui Financial Group's stock was trading at $8.02 at the beginning of the year. Since then, SMFG stock has increased by 23.4% and is now trading at $9.90. View the best growth stocks for 2023 here. When is Sumitomo Mitsui Financial Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, January 29th 2024. View our SMFG earnings forecast. How were Sumitomo Mitsui Financial Group's earnings last quarter? Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) issued its earnings results on Tuesday, November, 14th. The bank reported $0.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.21 by $0.08. The bank had revenue of $15.29 billion for the quarter. Sumitomo Mitsui Financial Group had a trailing twelve-month return on equity of 6.51% and a net margin of 10.33%. Is Sumitomo Mitsui Financial Group a good dividend stock? Sumitomo Mitsui Financial Group (NYSE:SMFG) pays an annual dividend of $0.29 per share and currently has a dividend yield of 1.39%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 33.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SMFG will have a dividend payout ratio of 31.87% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SMFG. What ETFs hold Sumitomo Mitsui Financial Group's stock? ETFs with the largest weight of Sumitomo Mitsui Financial Group (NYSE:SMFG) stock in their portfolio include Invesco International Dividend Achievers ETF (PID) and ActivePassive International Equity ETF (APIE).Avantis International Large Cap Value ETF (AVIV). What is Takeshi Kunibe's approval rating as Sumitomo Mitsui Financial Group's CEO? 102 employees have rated Sumitomo Mitsui Financial Group Chief Executive Officer Takeshi Kunibe on Glassdoor.com. Takeshi Kunibe has an approval rating of 89% among the company's employees. What other stocks do shareholders of Sumitomo Mitsui Financial Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Sumitomo Mitsui Financial Group investors own include AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO), Pfizer (PFE), Visa (V), Chevron (CVX), Gilead Sciences (GILD), Wells Fargo & Company (WFC), AbbVie (ABBV) and Enterprise Products Partners (EPD). Who are Sumitomo Mitsui Financial Group's major shareholders? Sumitomo Mitsui Financial Group's stock is owned by many different retail and institutional investors. Top institutional investors include Morgan Stanley (0.18%), FMR LLC (0.10%), Lazard Asset Management LLC (0.07%), Cowen Investment Management LLC (0.06%), Northern Trust Corp (0.05%) and Invesco Ltd. (0.05%). How do I buy shares of Sumitomo Mitsui Financial Group? Shares of SMFG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:SMFG) was last updated on 12/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Sumitomo Mitsui Financial Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.