QQQ   326.00 (+0.59%)
AAPL   170.34 (+1.10%)
MSFT   288.11 (+0.38%)
META   179.28 (+1.01%)
GOOGL   119.57 (+0.61%)
AMZN   140.31 (-0.23%)
TSLA   865.28 (+0.63%)
NVDA   183.01 (+2.00%)
NIO   20.48 (-1.63%)
BABA   92.42 (-2.58%)
AMD   100.26 (+2.18%)
MU   63.60 (+2.05%)
T   18.15 (+0.61%)
CGC   3.20 (+1.59%)
GE   78.71 (-0.24%)
F   15.95 (+0.76%)
DIS   120.68 (+2.54%)
AMC   25.21 (-0.98%)
PYPL   100.53 (+1.43%)
PFE   49.30 (+2.09%)
NFLX   244.40 (+0.70%)
QQQ   326.00 (+0.59%)
AAPL   170.34 (+1.10%)
MSFT   288.11 (+0.38%)
META   179.28 (+1.01%)
GOOGL   119.57 (+0.61%)
AMZN   140.31 (-0.23%)
TSLA   865.28 (+0.63%)
NVDA   183.01 (+2.00%)
NIO   20.48 (-1.63%)
BABA   92.42 (-2.58%)
AMD   100.26 (+2.18%)
MU   63.60 (+2.05%)
T   18.15 (+0.61%)
CGC   3.20 (+1.59%)
GE   78.71 (-0.24%)
F   15.95 (+0.76%)
DIS   120.68 (+2.54%)
AMC   25.21 (-0.98%)
PYPL   100.53 (+1.43%)
PFE   49.30 (+2.09%)
NFLX   244.40 (+0.70%)
QQQ   326.00 (+0.59%)
AAPL   170.34 (+1.10%)
MSFT   288.11 (+0.38%)
META   179.28 (+1.01%)
GOOGL   119.57 (+0.61%)
AMZN   140.31 (-0.23%)
TSLA   865.28 (+0.63%)
NVDA   183.01 (+2.00%)
NIO   20.48 (-1.63%)
BABA   92.42 (-2.58%)
AMD   100.26 (+2.18%)
MU   63.60 (+2.05%)
T   18.15 (+0.61%)
CGC   3.20 (+1.59%)
GE   78.71 (-0.24%)
F   15.95 (+0.76%)
DIS   120.68 (+2.54%)
AMC   25.21 (-0.98%)
PYPL   100.53 (+1.43%)
PFE   49.30 (+2.09%)
NFLX   244.40 (+0.70%)
QQQ   326.00 (+0.59%)
AAPL   170.34 (+1.10%)
MSFT   288.11 (+0.38%)
META   179.28 (+1.01%)
GOOGL   119.57 (+0.61%)
AMZN   140.31 (-0.23%)
TSLA   865.28 (+0.63%)
NVDA   183.01 (+2.00%)
NIO   20.48 (-1.63%)
BABA   92.42 (-2.58%)
AMD   100.26 (+2.18%)
MU   63.60 (+2.05%)
T   18.15 (+0.61%)
CGC   3.20 (+1.59%)
GE   78.71 (-0.24%)
F   15.95 (+0.76%)
DIS   120.68 (+2.54%)
AMC   25.21 (-0.98%)
PYPL   100.53 (+1.43%)
PFE   49.30 (+2.09%)
NFLX   244.40 (+0.70%)
NYSE:SMFG

Sumitomo Mitsui Financial Group - SMFG Stock Forecast, Price & News

$6.27
+0.02 (+0.32%)
(As of 08/12/2022 10:47 AM ET)
Add
Compare
Today's Range
$6.26
$6.29
50-Day Range
$5.74
$6.39
52-Week Range
$5.70
$7.74
Volume
33,478 shs
Average Volume
2.37 million shs
Market Capitalization
$42.98 billion
P/E Ratio
6.74
Dividend Yield
4.11%
Price Target
N/A

Sumitomo Mitsui Financial Group MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.04% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.33mentions of Sumitomo Mitsui Financial Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
20.73%
From $0.82 to $0.99 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.20 out of 5 stars

Finance Sector

39th out of 920 stocks

Commercial Banks, Not Elsewhere Classified Industry

3rd out of 34 stocks

SMFG stock logo

About Sumitomo Mitsui Financial Group (NYSE:SMFG) Stock

Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides commercial banking, leasing, securities, consumer finance, and other services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania. It operates through four segments: Wholesale Business Unit, Retail Business Unit, Global Business Unit, and Global Markets Business Unit. The Wholesale Business Unit segment offers financing, investment management, risk hedging, and settlement services, as well as financial solutions related to mergers and acquisition, and other advisory services primarily for large, mid, and small-sized corporate clients; various leasing services, including equipment, and operating and leveraged leasing; and digital services, such as robotic process automation and electronic contract services. The Retail Business Unit segment offers wealth management, settlement, consumer finance, and housing loan products and services, as well as business and asset succession services to high-net-worth customers. The Global Business Unit segment offers loans, deposits, clearing services, trade finance, project finance, loan syndication, derivatives, and cash management services; underwriting services; and leasing services related to the construction machinery, transportation equipment, industrial machinery, medical equipment, and aircraft leasing. The Global Markets Business Unit segment offers solutions through foreign exchange products, derivatives, bonds, stocks, and other marketable financial products. It also undertakes asset liability management operations. The company also offers credit card, internet banking, system development and engineering, data processing, management consulting and economic research, and investment advisory and investment trust management services. Sumitomo Mitsui Financial Group, Inc. was incorporated in 2002 and is headquartered in Tokyo, Japan.

Sumitomo Mitsui Financial Group Trading Up 0.5 %

NYSE:SMFG opened at $6.25 on Friday. The company has a fifty day simple moving average of $6.00 and a two-hundred day simple moving average of $6.41. The stock has a market cap of $42.84 billion, a P/E ratio of 6.72, a P/E/G ratio of 0.52 and a beta of 0.74. Sumitomo Mitsui Financial Group has a 12-month low of $5.70 and a 12-month high of $7.74. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.48.

Sumitomo Mitsui Financial Group (NYSE:SMFG - Get Rating) last posted its quarterly earnings results on Friday, July 29th. The bank reported $0.28 earnings per share (EPS) for the quarter. The business had revenue of $10.28 billion during the quarter. Sumitomo Mitsui Financial Group had a net margin of 16.86% and a return on equity of 6.84%. On average, analysts forecast that Sumitomo Mitsui Financial Group will post 0.82 earnings per share for the current year.

Analysts Set New Price Targets

SMFG has been the subject of a number of analyst reports. Bank of America raised shares of Sumitomo Mitsui Financial Group from a "neutral" rating to a "buy" rating in a research report on Thursday, June 23rd. The Goldman Sachs Group initiated coverage on shares of Sumitomo Mitsui Financial Group in a research report on Wednesday, April 27th. They set a "buy" rating for the company. Finally, StockNews.com cut shares of Sumitomo Mitsui Financial Group from a "buy" rating to a "hold" rating in a research report on Sunday, May 29th.

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.

SMFG Stock News Headlines

SMBC Hires Mark Corteil as Chief Credit Risk Officer
Sumitomo Mitsui Financial (8316)
See 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.

SMFG Company Calendar

Last Earnings
7/29/2022
Today
8/12/2022
Next Earnings (Estimated)
11/11/2022
Fiscal Year End
3/31/2023

Industry, Sector and Symbol

Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Employees
101,000
Year Founded
2001

Profitability

Net Income
$4.54 billion
Pretax Margin
13.85%

Debt

Sales & Book Value

Annual Sales
$36.62 billion
Cash Flow
$1.49 per share
Book Value
$13.98 per share

Miscellaneous

Outstanding Shares
6,854,100,000
Free Float
N/A
Market Cap
$42.98 billion
Optionable
Optionable
Beta
0.74

Social Links


Key Executives

  • Mr. Jun Ohta (Age 64)
    Pres, Group CEO & Director
    Comp: $1.06M
  • Mr. Toshikazu Yaku (Age 60)
    Deputy Pres, Representative Exec. Officer & Group CHRO
    Comp: $564.25k
  • Mr. Masahiko Oshima (Age 62)
    Deputy Pres, Representative Exec. Officer & Co-Head of Wholesale Bus. Unit
    Comp: $564.25k
  • Mr. Toru Nakashima (Age 59)
    Sr. Managing Exec. Officer, Group CFO, CSO & Director
  • Jun Okahashi
    Gen. Mang. of Financial & Accounting Department
  • Jun Uchikawa (Age 57)
    Sr. Managing Corp. Exec. Officer, Group CIO & GM of IT Planning Dept.
  • Mr. Kohei Ohashi
    SVP (IR Department)
  • Yoshihiro Hyakutome (Age 57)
    Sr. Managing Exec. Officer & Group Chief Compliance Officer
  • Mr. Katsunori Tanizaki (Age 65)
    Sr. Managing Corp. Exec. Officer & Group CDIO
  • Mr. Takeshi Mikami (Age 56)
    Sr. Managing Corp. Exec. Officers & Group CAE













SMFG Stock - Frequently Asked Questions

Should I buy or sell Sumitomo Mitsui Financial Group stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sumitomo Mitsui Financial Group in the last twelve months. There are currently 2 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 2022?

Sumitomo Mitsui Financial Group's stock was trading at $6.79 at the start of the year. Since then, SMFG shares have decreased by 8.0% and is now trading at $6.25.
View the best growth stocks for 2022 here
.

Are investors shorting Sumitomo Mitsui Financial Group?

Sumitomo Mitsui Financial Group saw a decline in short interest in July. As of July 15th, there was short interest totaling 2,930,000 shares, a decline of 18.8% from the June 30th total of 3,610,000 shares. Based on an average trading volume of 3,210,000 shares, the short-interest ratio is currently 0.9 days.
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, November 11th 2022.
View our SMFG earnings forecast
.

How were Sumitomo Mitsui Financial Group's earnings last quarter?

Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) released its quarterly earnings results on Friday, July, 29th. The bank reported $0.28 earnings per share for the quarter. The bank earned $10.28 billion during the quarter. Sumitomo Mitsui Financial Group had a net margin of 16.86% and a trailing twelve-month return on equity of 6.84%.

Is Sumitomo Mitsui Financial Group a good dividend stock?

Sumitomo Mitsui Financial Group (NYSE:SMFG) pays an annual dividend of $0.26 per share and currently has a dividend yield of 4.18%. SMFG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 27.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SMFG will have a dividend payout ratio of 26.26% 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."

Who are Sumitomo Mitsui Financial Group's major shareholders?

Sumitomo Mitsui Financial Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include Lazard Asset Management LLC (0.13%), Envestnet Asset Management Inc. (0.02%), Russell Investments Group Ltd. (0.02%), OLD Mission Capital LLC (0.01%), Cibc World Market Inc. (0.01%) and Franklin Resources Inc. (0.01%).

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 $6.25.

How much money does Sumitomo Mitsui Financial Group make?

Sumitomo Mitsui Financial Group (NYSE:SMFG) has a market capitalization of $42.84 billion and generates $36.62 billion in revenue each year. The bank earns $4.54 billion in net income (profit) each year or $0.93 on an earnings per share basis.

How many employees does Sumitomo Mitsui Financial Group have?

The company employs 101,000 workers across the globe.

When was Sumitomo Mitsui Financial Group founded?

Sumitomo Mitsui Financial Group was founded in 2001.

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 8/12/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.