NYSE:SMFG Sumitomo Mitsui Financial Group (SMFG) Stock Forecast, Price & News $8.29 -0.03 (-0.36%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$8.25▼$8.3350-Day Range$7.84▼$8.6152-Week Range$5.39▼$9.18Volume1.86 million shsAverage Volume3.37 million shsMarket Capitalization$56.98 billionP/E Ratio9.53Dividend Yield3.38%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 InterestHealthy0.05% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth14.29%From $0.91 to $1.04 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.2.94 out of 5 starsFinance Sector147th out of 874 stocksCommercial Banks, Not Elsewhere Classified Industry4th out of 31 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 Shorted0.05% 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 0.9, 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 7.85%, indicating that investor sentiment is improving 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 32.18%. 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 26.92% 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 3.1 News and Social Media Coverage News SentimentSumitomo Mitsui Financial Group has a news sentiment score of 1.50. 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 0.67 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 3 people have searched for SMFG on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat Follows4 people have added Sumitomo Mitsui Financial Group to their MarketBeat watchlist in the last 30 days. This is an increase of 300% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Sumitomo Mitsui Financial Group are expected to grow by 14.29% in the coming year, from $0.91 to $1.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sumitomo Mitsui Financial Group is 9.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.07.Price to Earnings Ratio vs. SectorThe P/E ratio of Sumitomo Mitsui Financial Group is 9.53, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 164.38.Price to Earnings Growth RatioSumitomo Mitsui Financial Group has a PEG Ratio of 1.41. 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 0.60. 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 HeadlinesMay 18, 2023 | marketbeat.comJapan racks up trade deficit although exports gradually reboundJapan has racked up a trade deficit in April, marking the 21st month in a row of deficits, although it declined dramatically compared to a year ago, as exports recoveredMay 30, 2023 | finance.yahoo.comJapan Jobless Rate Falls in Potential Future Boost for BOJ GoalJune 3, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 15, 2023 | msn.comUPDATE 2-Japan's top banks expect solid profits, MUFG sees record yearApril 21, 2023 | americanbankingnews.comHead-To-Head Survey: Inter & Co, Inc. (NASDAQ:INTR) vs. Sumitomo Mitsui Financial Group (NYSE:SMFG)April 20, 2023 | finance.yahoo.comBOJ Said to Be Wary Tweaking YCC Soon After Banking CrisisApril 19, 2023 | ft.comJapan’s SMFG resumes AT1 bond sales in first big issuance since Credit Suisse wipeoutApril 19, 2023 | msn.comSMFG becomes first big Japan bank to sell AT1 bonds since Credit Suisse's debt wipeoutJune 3, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.April 19, 2023 | msn.comUPDATE 2-Japan's SMFG is first global bank to sell AT1 bonds since C.Suisse wipeoutApril 19, 2023 | msn.comJapan's SMFG plans to go ahead with AT1 bond issuance - sourceApril 18, 2023 | benzinga.comSMBC Capital Markets Appoints Gareth Hughes Head of TradingApril 14, 2023 | americanbankingnews.comSumitomo Mitsui Financial Group, Inc. Expected to Post FY2023 Earnings of $0.86 Per Share (NYSE:SMFG)April 10, 2023 | seekingalpha.comSumitomo Mitsui Financial Group: Quite A Lot Of Foreign Bond Exposure, But Lots Of CashApril 10, 2023 | finance.yahoo.comJapan's three megabanks to face votes on climate change - sourcesApril 10, 2023 | americanbankingnews.comSumitomo Mitsui Financial Group (NYSE:SMFG) & PT Bank Mandiri (Persero) Tbk (OTCMKTS:PPERY) Head to Head SurveyApril 7, 2023 | finance.yahoo.comJapan Real Wages Extend Fall in Challenge for Next BOJ ChiefApril 4, 2023 | finance.yahoo.comSMFG/Wall Street: hiring plan is well-timed — retention is a longer gameApril 4, 2023 | finance.yahoo.comSumitomo Mitsui Wants Wall Street Bankers for US ExpansionApril 3, 2023 | bloomberg.comJapan’s Sumitomo Mitsui Wants Wall Street Bankers for US PushApril 3, 2023 | finance.yahoo.comMUFG Delays AT1 Bond Sale to After Mid-May Post-Credit SuisseApril 3, 2023 | finance.yahoo.comJapan's SMBC CEO is watching out for chances to expand US assetsApril 3, 2023 | finance.yahoo.comUPDATE 1-Japan's SMBC CEO is watching out for chances to expand US assetsApril 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 MitsuiMarch 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 UnitSee More Headlines SMFG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SMFG Company Calendar Last Earnings7/29/2020Today6/02/2023Next Earnings (Estimated)8/04/2023Fiscal 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)$0.87 Trailing P/E Ratio9.53 Forward P/E Ratio9.11 P/E Growth1.41Net Income$5.96 billion Net Margins13.05% Pretax Margin18.56% Return on Equity6.91% Return on Assets0.32% Debt Debt-to-Equity Ratio2.07 Current Ratio1.05 Quick RatioN/A Sales & Book Value Annual Sales$3.79 trillion Price / Sales0.02 Cash Flow$1.26 per share Price / Cash Flow6.59 Book Value$13.77 per share Price / Book0.60Miscellaneous Outstanding Shares6,873,456,000Free Float6,870,019,000Market Cap$56.98 billion OptionableOptionable Beta0.67 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:BMOING GroepNYSE:INGBanco Bilbao Vizcaya ArgentariaNYSE:BBVACanadian Imperial Bank of CommerceNYSE:CMView All CompetitorsInstitutional OwnershipAmeriprise Financial Inc.Bought 2,448 shares on 5/22/2023Ownership: 0.003%JPMorgan Chase & Co.Bought 327,481 shares on 5/18/2023Ownership: 0.013%Chevy Chase Trust Holdings LLCBought 8,625 shares on 5/17/2023Ownership: 0.001%Snowden Capital Advisors LLCSold 1,971 shares on 5/16/2023Ownership: 0.000%Belpointe Asset Management LLCSold 1,221 shares on 5/16/2023Ownership: 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 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 2023? Sumitomo Mitsui Financial Group's stock was trading at $8.02 at the beginning of the year. Since then, SMFG shares have increased by 3.4% and is now trading at $8.29. 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 during the month of April. As of April 30th, there was short interest totaling 3,310,000 shares, an increase of 33.5% from the April 15th total of 2,480,000 shares. Based on an average trading volume of 3,480,000 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.1% of the shares of the company 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, August 4th 2023. View our SMFG earnings forecast. How were Sumitomo Mitsui Financial Group's earnings last quarter? Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) posted its earnings results on Wednesday, July, 29th. The bank reported $0.12 earnings per share for the quarter, missing analysts' consensus estimates 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 6.91% and a net margin of 13.05%. 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 32.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SMFG will have a dividend payout ratio of 26.92% 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 many different retail and institutional investors. Top institutional shareholders include FMR LLC (0.09%), BlackRock Inc. (0.09%), Cowen Investment Management LLC (0.08%), Bank of America Corp DE (0.04%), Cowen AND Company LLC (0.04%) and Samlyn Capital LLC (0.04%). 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 $8.29. How much money does Sumitomo Mitsui Financial Group make? Sumitomo Mitsui Financial Group (NYSE:SMFG) has a market capitalization of $56.98 billion and generates $3.79 trillion in revenue each year. The bank earns $5.96 billion in net income (profit) each year or $0.87 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 6/3/2023 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.