NYSE:SMFG Sumitomo Mitsui Financial Group - SMFG Stock Forecast, Price & News 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. $8.00 +0.13 (+1.65%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$7.92▼$8.0050-Day Range$7.66▼$9.0052-Week Range$5.39▼$9.18Volume1.78 million shsAverage Volume5.02 million shsMarket Capitalization$54.99 billionP/E Ratio8.70Dividend Yield3.50%Price TargetN/A ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Sumitomo Mitsui Financial Group MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.06% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment-0.10Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth2.25%From $0.89 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.2.16 out of 5 starsFinance Sector612th out of 878 stocksCommercial Banks, Not Elsewhere Classified Industry23rd out of 34 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Sumitomo Mitsui Financial Group. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.06% 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, 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 increased by 121.65%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipSumitomo Mitsui Financial Group is a leading dividend payer. It pays a dividend yield of 3.52%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSumitomo Mitsui Financial Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Sumitomo Mitsui Financial Group is 30.44%. 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 30.77% 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 1.6 News and Social Media Coverage News SentimentSumitomo Mitsui Financial Group has a news sentiment score of -0.10. 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 lower news sentiment than the 0.42 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Sumitomo Mitsui Financial Group this week, compared to 1 article on an average week.Search InterestOnly 3 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 Follows5 people have added Sumitomo Mitsui Financial Group to their MarketBeat watchlist in the last 30 days. This is an increase of 400% 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 1.65% 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 2.25% in the coming year, from $0.89 to $0.91 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sumitomo Mitsui Financial Group is 8.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.61.Price to Earnings Ratio vs. SectorThe P/E ratio of Sumitomo Mitsui Financial Group is 8.70, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 141.15.Price to Earnings Growth RatioSumitomo Mitsui Financial Group has a PEG Ratio of 1.42. 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 0.48. 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. operates as a holding company, which engages in the management of its subsidiaries that provide financial services. It operates through the following segments: Commercial Banking, Leasing, Securities, and Consumer Finance. The Commercial Banking segment consists of consumer banking, middle market banking, wholesale banking, retail banking, international banking, and treasury units. The Leasing segment provides leasing services that include equipment, operating, leveraged, and aircraft operating leases. The Securities segment offers financial products, investment consultation and administration services to individual and corporate customers. The Consumer Finance segment handles domestic credit card business, consumer loans and loan guarantee businesses. The company was founded on December 2, 2002 and is headquartered in Tokyo, Japan.Read More 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 Stock News HeadlinesApril 2, 2023 | fool.comSumitomo Mitsui Financial Group (NYSE: SMFG)March 28, 2023 | msn.comVietnam's VPBank completes $1.5 bln stake sale to Japan's Sumitomo MitsuiApril 2, 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!March 27, 2023 | finance.yahoo.comSMFG Adds to Asia Buying Spree with $1.5 Billion VPBank StakeMarch 27, 2023 | bloomberg.comVietnam’s VPBank Sells $1.5 Billion Stake to Japan’s SMFG UnitMarch 27, 2023 | finance.yahoo.comSMFG Adds to Buying Spree with $1.5 Billion VPBank StakeMarch 11, 2023 | msn.comVietnam’s VP bank is set to sell 15% stake to Japan’s SMFG unitMarch 9, 2023 | finance.yahoo.comJapan Consumption Rebounds by Most Since March Despite InflationApril 2, 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!March 7, 2023 | msn.comAdex teams up with Japan’s Sumitomo to provide $135m in financing to TrafiguraMarch 7, 2023 | forbes.comSumitomo Mitsui FinancialMarch 1, 2023 | finance.yahoo.comJapan Firms Add to Spending Despite Global Slowdown, Weak YenFebruary 24, 2023 | finance.yahoo.comUeda Warns Against Magic Solutions, Sticks Largely to BOJ ScriptFebruary 17, 2023 | morningstar.comSumitomo Mitsui Financial Group Inc ADRFebruary 9, 2023 | finance.yahoo.comRPT-UPDATE 1-Japan's Sumitomo Mitsui to end corporate finance exposure to coal mining by 2040February 9, 2023 | finance.yahoo.comUPDATE 1-Japan's Sumitomo Mitsui to end corporate finance exposure to coal mining by 2040February 8, 2023 | finance.yahoo.comAdani Turmoil Prompts Nomura, SMFG to Disclose Fund ExposuresJanuary 18, 2023 | 247wallst.comFirst Look Analysts Research Calls for Wednesday, January 18January 10, 2023 | finance.yahoo.comThe Zacks Analyst Blog Highlights Sumitomo Mitsui Financial Group, Mizuho Financial Group, Barclays and Banco do BrasilJanuary 9, 2023 | finance.yahoo.com4 Ultra-Safe Stocks for 2023January 5, 2023 | finance.yahoo.comJefferies Jumps With Sumitomo Mitsui Eyeing a Larger StakeJanuary 4, 2023 | msn.comSumitomo Mitsui Financial explores taking bigger stake in Jefferies FinancialJanuary 4, 2023 | finance.yahoo.comJapan's SMFG to extend Jefferies alliance beyond U.S., CEO saysJanuary 3, 2023 | investing.comApartment Income REIT Corp PT Lowered to $41 at SMBC Nikko SecuritiesJanuary 2, 2023 | nz.finance.yahoo.comSumitomo Mitsui (SMFG) Is a Great Choice for 'Trend' Investors, Here's WhyDecember 27, 2022 | finance.yahoo.comTop Japan Bankers See Negative Rates to Stay as BOJ Roils MarketDecember 25, 2022 | seekingalpha.comSumitomo Mitsui Financial Group: A More Favorable OutlookSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings7/29/2020Today4/01/2023Next Earnings (Estimated)5/12/2023Fiscal 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) 282-8111Fax813-4333-9954Employees101,000Year Founded2001Profitability EPS (Most Recent Fiscal Year)$0.92 Trailing P/E Ratio8.70 Forward P/E Ratio8.99 P/E Growth1.42Net Income$4.54 billion Net Margins15.18% Pretax MarginN/A Return on Equity7.45% Return on Assets0.36% Debt Debt-to-Equity Ratio1.89 Current Ratio1.04 Quick Ratio1.03 Sales & Book Value Annual Sales$36.62 billion Price / Sales1.50 Cash Flow$1.48 per share Price / Cash Flow5.40 Book Value$16.60 per share Price / Book0.48Miscellaneous Outstanding Shares6,873,460,000Free Float6,870,019,000Market Cap$54.99 billion OptionableOptionable Beta0.68 Social Links Key ExecutivesJun OhtaExecutive President, CEO & Representative DirectorToru NakashimaGroup CFO, Director & Head-Public RelationsShoji MasudaGroup Chief Information OfficerTetsuro ImaedaGroup Chief Compliance OfficerToshikazu YakuExecutive VP & Chief Human Resources OfficerKey CompetitorsBanco SantanderNYSE:SANBank of MontrealNYSE:BMOBanco Bilbao Vizcaya ArgentariaNYSE:BBVAING GroepNYSE:INGLloyds Banking GroupNYSE:LYGView All CompetitorsInstitutional OwnershipWerba Rubin Papier Wealth ManagementBought 20,500 shares on 3/28/2023Ownership: 0.000%Mather Group LLC.Sold 2,579 shares on 3/10/2023Ownership: 0.000%OLD Mission Capital LLCSold 287,298 shares on 3/6/2023Ownership: 0.004%Rockefeller Capital Management L.P.Bought 10,628 shares on 3/6/2023Ownership: 0.000%Truist Financial CorpSold 6,665 shares on 2/17/2023Ownership: 0.007%View All Institutional Transactions SMFG Stock - Frequently Asked Questions Should I buy or sell Sumitomo Mitsui Financial Group stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sumitomo Mitsui Financial Group in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "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 on January 1st, 2023. Since then, SMFG stock has decreased by 0.2% and is now trading at $8.00. View the best growth stocks for 2023 here. Are investors shorting Sumitomo Mitsui Financial Group? Sumitomo Mitsui Financial Group saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 4,300,000 shares, an increase of 121.6% from the February 28th total of 1,940,000 shares. Based on an average trading volume of 4,110,000 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.1% of the company's stock are sold short. View Sumitomo Mitsui Financial Group's Short Interest. When is Sumitomo Mitsui Financial Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, May 12th 2023. 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 Wednesday, July, 29th. The bank reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by $0.07. The bank earned $9.02 billion during the quarter. Sumitomo Mitsui Financial Group had a trailing twelve-month return on equity of 7.45% and a net margin of 15.18%. 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), Avantis International Large Cap Value ETF (AVIV), Invesco Zacks Multi-Asset Income ETF (CVY), Pacer Trendpilot International ETF (PTIN), Avantis Responsible International Equity ETF (AVSD), Avantis International Equity ETF (AVDE), Dimensional International Sustainability Core 1 ETF (DFSI) and Dimensional International Core Equity 2 ETF (DFIC). 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 3.52%. The dividend payout ratio is 30.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SMFG will have a dividend payout ratio of 30.77% 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 $8.00. How much money does Sumitomo Mitsui Financial Group make? Sumitomo Mitsui Financial Group (NYSE:SMFG) has a market capitalization of $54.99 billion and generates $36.62 billion in revenue each year. The bank earns $4.54 billion in net income (profit) each year or $0.92 on an earnings per share basis. How many employees does Sumitomo Mitsui Financial Group have? The company employs 101,000 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 4/2/2023 by MarketBeat.com Staff 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. 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