NYSE:SMFG

Sumitomo Mitsui Financial Group Stock Forecast, Price & News

$6.74
-0.08 (-1.17 %)
(As of 07/30/2021 12:00 AM ET)
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Today's Range
$6.71
$6.84
50-Day Range
$6.60
$7.44
52-Week Range
$5.29
$7.95
Volume801,084 shs
Average Volume1.60 million shs
Market Capitalization$46.28 billion
P/E Ratio9.49
Dividend Yield4.21%
Beta0.98
30 days | 90 days | 365 days | Advanced Chart
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Sumitomo Mitsui Financial Group logo

About Sumitomo Mitsui Financial Group

Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides commercial banking, leasing, securities, consumer finance, and other services primarily in Japan. It operates through four segments: Wholesale Business Unit, Retail Business Unit, International 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-and mid-sized corporate clients; and various leasing services, including equipment, and operating and leveraged leasing. 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 individuals and small-sized companies. The International 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 founded in 2002 and is headquartered in Tokyo, Japan.

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MarketRank

Overall MarketRank

2.32 out of 5 stars

Analyst Opinion: 0.0Community Rank: 4.5Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 3.8 5 -4 -3 -2 -1 -
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Sumitomo Mitsui Financial Group (NYSE:SMFG) Frequently Asked Questions

Is Sumitomo Mitsui Financial Group a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sumitomo Mitsui Financial Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Sumitomo Mitsui Financial Group stock.
View analyst ratings for Sumitomo Mitsui Financial Group
or view top-rated stocks.

What stocks does MarketBeat like better than Sumitomo Mitsui Financial Group?

Wall Street analysts have given Sumitomo Mitsui Financial Group a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Sumitomo Mitsui Financial Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Sumitomo Mitsui Financial Group's next earnings date?

Sumitomo Mitsui Financial Group is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Sumitomo Mitsui Financial Group
.

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

Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) posted its quarterly earnings data on Friday, May, 14th. The bank reported $0.15 earnings per share for the quarter. The bank earned $9.51 billion during the quarter. Sumitomo Mitsui Financial Group had a net margin of 13.17% and a trailing twelve-month return on equity of 4.84%.
View Sumitomo Mitsui Financial Group's earnings history
.

How has Sumitomo Mitsui Financial Group's stock been impacted by Coronavirus (COVID-19)?

Sumitomo Mitsui Financial Group's stock was trading at $5.53 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SMFG shares have increased by 21.9% and is now trading at $6.74.
View which stocks have been most impacted by COVID-19
.

Is Sumitomo Mitsui Financial Group a good dividend stock?

Sumitomo Mitsui Financial Group pays an annual dividend of $0.28 per share and currently has a dividend yield of 4.21%. SMFG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Sumitomo Mitsui Financial Group is 36.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based 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.
View Sumitomo Mitsui Financial Group's dividend history.

Who are Sumitomo Mitsui Financial Group's key executives?

Sumitomo Mitsui Financial Group's management team includes the following people:
  • Mr. Jun Ohta, Pres, Group CEO & Director (Age 63, Pay $1.05M)
  • Mr. Gotaro Michihiro, Deputy Chairman, Deputy Pres, Rep Exec. Officer & Co-Head of Wholesale Bus. Unit (Age 62)
  • Mr. Toru Nakashima, Sr. Managing Corp. Exec. Officer, Group CFO, CSO of PR Dept. & Director (Age 58)
  • Jun Okahashi, Gen. Mang. of Financial & Accounting Department
  • Mr. Kohei Ohashi, SVP (IR Department)
  • Mr. Tetsuro Imaeda, Sr. Managing Corp. Exec. Officers & Group CCO (Age 59)
  • Mr. Toshikazu Yaku, Deputy Pres, Representative Exec. Officer & Group CHRO (Age 59)
  • Mr. Katsunori Tanizaki, Sr. Managing Corp. Exec. Officer & Group CDIO (Age 64)
  • Mr. Masahiko Oshima, Deputy Pres, Head of Global Bus. Unit & Representative Exec. Officer (Age 61)
  • Naoki Tamura, Sr. Managing Corp. Exec. Officer & Head of Retail Bus. Unit (Age 60)

What is Takeshi Kunibe's approval rating as Sumitomo Mitsui Financial Group's CEO?

102 employees have rated Sumitomo Mitsui Financial Group CEO Takeshi Kunibe on Glassdoor.com. Takeshi Kunibe has an approval rating of 89% among Sumitomo Mitsui Financial Group's employees.

Who are some of Sumitomo Mitsui Financial Group's key competitors?

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 institutional and retail investors. Top institutional shareholders include Anderson Hoagland & Co. (0.01%), Veriti Management LLC (0.00%), Boston Trust Walden Corp (0.00%), Advisors Asset Management Inc. (0.00%), Sage Rhino Capital LLC (0.00%) and Raymond James Trust N.A. (0.00%).

Which major investors are selling Sumitomo Mitsui Financial Group stock?

SMFG stock was sold by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., and Raymond James Trust N.A..

Which major investors are buying Sumitomo Mitsui Financial Group stock?

SMFG stock was bought by a variety of institutional investors in the last quarter, including Veriti Management LLC, Anderson Hoagland & Co., Keudell Morrison Wealth Management, Boston Trust Walden Corp, Atlas Capital Advisors LLC, Sage Rhino Capital LLC, and Altfest L J & Co. Inc..

How do I buy shares of Sumitomo Mitsui Financial Group?

Shares of SMFG 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 $6.74.

How much money does Sumitomo Mitsui Financial Group make?

Sumitomo Mitsui Financial Group has a market capitalization of $46.28 billion and generates $36.81 billion in revenue each year. The bank earns $6.59 billion in net income (profit) each year or $0.76 on an earnings per share basis.

How many employees does Sumitomo Mitsui Financial Group have?

Sumitomo Mitsui Financial Group employs 86,800 workers across the globe.

When was Sumitomo Mitsui Financial Group founded?

Sumitomo Mitsui Financial Group was founded in 2001.

What is Sumitomo Mitsui Financial Group's official website?

The official website for Sumitomo Mitsui Financial Group is www.smfg.co.jp.

Where are Sumitomo Mitsui Financial Group's headquarters?

Sumitomo Mitsui Financial Group is headquartered at 1-2 MARUNOUCHI 1-CHOME CHIYODA-KU, TOKYO M0, 100-0005.

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 bank can be reached via phone at 813-3282-8111.


This page was last updated on 8/1/2021 by MarketBeat.com Staff
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