NYSE:SMFG Sumitomo Mitsui Financial Group (SMFG) Stock Forecast, Price & News $9.85 -0.23 (-2.28%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$9.80▼$9.9250-Day Range$8.55▼$10.3552-Week Range$5.39▼$10.58Volume2.02 million shsAverage Volume1.52 million shsMarket Capitalization$65.87 billionP/E Ratio11.45Dividend Yield2.84%Price TargetN/A ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Sumitomo Mitsui Financial Group MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.04% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.10Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth6.82%From $0.88 to $0.94 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.2.65 out of 5 starsFinance Sector343rd out of 879 stocksCommercial Banks, Not Elsewhere Classified Industry12th out of 28 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 1.8, 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 7.22%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldSumitomo Mitsui Financial Group pays a meaningful dividend of 2.80%, 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 32.56%. 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 29.79% 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 3.4 News and Social Media Coverage News SentimentSumitomo Mitsui Financial Group has a news sentiment score of 1.10. 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 0.71 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles 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 -50% compared to the previous 30 days.MarketBeat Follows6 people have added Sumitomo Mitsui Financial Group to their MarketBeat watchlist in the last 30 days. This is an increase of 500% 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 6.82% in the coming year, from $0.88 to $0.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sumitomo Mitsui Financial Group is 11.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.98.Price to Earnings Ratio vs. SectorThe P/E ratio of Sumitomo Mitsui Financial Group is 11.45, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.67.Price to Earnings Growth RatioSumitomo Mitsui Financial Group has a PEG Ratio of 2.10. 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 (NYSE:SMFG) StockSumitomo 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SMFG Stock News HeadlinesOctober 1, 2023 | americanbankingnews.comSumitomo Mitsui Financial Group (NYSE:SMFG) Shares Gap Down to $10.08September 28, 2023 | finance.yahoo.comManufacturers Bank Announces Plans to Rebrand as SMBC MANUBANKOctober 1, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!September 22, 2023 | finance.yahoo.comHigher Rates Are Supercharging Japan’s BanksSeptember 21, 2023 | americanbankingnews.comSumitomo Mitsui Financial Group (NYSE:SMFG) Reaches New 12-Month High at $10.31September 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 PotentialOctober 1, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!August 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 quarterJuly 28, 2023 | finance.yahoo.comBOJ Sends Yields Soaring With Surprise Change to Rate LimitJuly 13, 2023 | msn.comAhead of bank earnings, these names have seen the highest 2023 returns so farJuly 12, 2023 | msn.comHow Is The Market Feeling About Sumitomo Mitsui Finl Gr?July 12, 2023 | finance.yahoo.comJapan's Sumitomo Mitsui launches US digital bankJune 30, 2023 | msn.comSumitomo Mitsui Financial Group: Potential Diversification Play Is Not Attractive EnoughJune 23, 2023 | msn.comSMFG India Credit Co readies growth planJune 19, 2023 | finance.yahoo.comExclusive - Japan regulator sounded out top domestic banks about China risks, sources sayJune 9, 2023 | finance.yahoo.comEven Japan Wants More Foreign Workers, and It Is Letting Them Stay for GoodMay 30, 2023 | finance.yahoo.comJapan Jobless Rate Falls in Potential Future Boost for BOJ GoalMay 15, 2023 | msn.comUPDATE 2-Japan's top banks expect solid profits, MUFG sees record yearApril 20, 2023 | finance.yahoo.comBOJ Said to Be Wary Tweaking YCC Soon After Banking CrisisSee 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 SMFG Company Calendar Last Earnings7/31/2023Today10/01/2023Next Earnings (Estimated)11/13/2023Fiscal 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 Ratio11.45 Forward P/E Ratio11.19 P/E Growth2.1Net Income$6.83 billion Net Margins11.19% Pretax Margin22.60% Return on Equity6.62% Return on Assets0.32% Debt Debt-to-Equity Ratio2.08 Current Ratio1.06 Quick Ratio1.06 Sales & Book Value Annual Sales$45.46 billion Price / Sales1.45 Cash Flow$1.28 per share Price / Cash Flow7.68 Book Value$14.57 per share Price / Book0.68Miscellaneous Outstanding Shares6,687,650,000Free Float6,684,301,000Market Cap$65.87 billion OptionableOptionable Beta0.69 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Jun Ohta (Age 65)Pres, Group CEO & Director Comp: $906.78kJun Uchikawa (Age 58)Sr. Managing Corp. Exec. Officer, Group CIO & GM of IT Planning Dept. Comp: $433.09kFumihiko ItoSr. Managing Exec. Officer, Group CFO, Group CSO & DirectorJun OkahashiGen. Mang. of Financial & Accounting DepartmentMr. Kohei OhashiSVP (IR Department)Yoshihiro Hyakutome (Age 58)Sr. Managing Exec. Officer & Group Chief Compliance Officer Mr. Takashi Kobayashi (Age 60)Sr. Managing Corp. Exec. Officer & Group Chief HR Officer Mr. Rajeev Veeravalli Kannan (Age 51)Managing Exec. Officer & Co-Head of Asia Pacific Division Mr. Takeshi Mikami (Age 57)Sr. Managing Corp. Exec. Officers & Group Chief Audit Exec. Mr. Tetsuro Imaeda (Age 61)Deputy Pres, Co-Head of Global Bus. Unit & Representative Exec. Officer More ExecutivesKey CompetitorsBank of MontrealNYSE:BMOBanco SantanderNYSE:SANICICI BankNYSE:IBNING GroepNYSE:INGBanco Bilbao Vizcaya ArgentariaNYSE:BBVAView All CompetitorsInstitutional OwnershipRehmann Capital Advisory GroupBought 5,620 shares on 8/23/2023Ownership: 0.000%Principal Street Partners LLCBought 1,552 shares on 8/21/2023Ownership: 0.000%Orion Portfolio Solutions LLCBought 45,117 shares on 8/17/2023Ownership: 0.005%West Family Investments Inc.Sold 1,540 shares on 8/16/2023Ownership: 0.000%Atlas Capital Advisors LLCSold 1,944 shares on 8/15/2023Ownership: 0.000%View All Institutional Transactions SMFG Stock - Frequently Asked Questions Should I buy or sell Sumitomo Mitsui Financial Group stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sumitomo Mitsui Financial Group in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SMFG 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 2023. Since then, SMFG stock has increased by 22.8% and is now trading at $9.85. 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, November 13th 2023. View our SMFG earnings forecast. How were Sumitomo Mitsui Financial Group's earnings last quarter? Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) announced its earnings results on Monday, July, 31st. The bank reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.03. The bank had revenue of $16.56 billion for the quarter. Sumitomo Mitsui Financial Group had a net margin of 11.19% and a trailing twelve-month return on equity of 6.62%. 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). Is Sumitomo Mitsui Financial Group a good dividend stock? Sumitomo Mitsui Financial Group (NYSE:SMFG) pays an annual dividend of $0.28 per share and currently has a dividend yield of 2.80%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 32.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SMFG will have a dividend payout ratio of 29.79% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SMFG. 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). What is Sumitomo Mitsui Financial Group's stock symbol? Sumitomo Mitsui Financial Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "SMFG." 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. What is Sumitomo Mitsui Financial Group's stock price today? One share of SMFG stock can currently be purchased for approximately $9.85. How much money does Sumitomo Mitsui Financial Group make? Sumitomo Mitsui Financial Group (NYSE:SMFG) has a market capitalization of $65.87 billion and generates $45.46 billion in revenue each year. The bank earns $6.83 billion in net income (profit) each year or $0.86 on an earnings per share basis. How many employees does Sumitomo Mitsui Financial Group have? The company employs 106,000 workers across the globe. How can I contact Sumitomo Mitsui Financial Group? Sumitomo Mitsui Financial Group's mailing address is 1-2 MARUNOUCHI 1-CHOME CHIYODA-KU, TOKYO M0, 100-0005. The official website for the company is www.smfg.co.jp. The bank can be reached via phone at (133) 282-8111 or via fax at 813-4333-9954. This page (NYSE:SMFG) was last updated on 10/1/2023 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. 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