NYSE:SMFG

Sumitomo Mitsui Financial Group (SMFG) Stock Price, News & Analysis

$11.35
-0.06 (-0.53%)
(As of 12:15 PM ET)
Today's Range
$11.34
$11.41
50-Day Range
$10.32
$12.33
52-Week Range
$7.79
$12.45
Volume
195,645 shs
Average Volume
1.42 million shs
Market Capitalization
$75.90 billion
P/E Ratio
12.90
Dividend Yield
2.56%
Price Target
N/A

Sumitomo Mitsui Financial Group MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.04% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.61mentions of Sumitomo Mitsui Financial Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.32%
From $0.94 to $0.99 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.19 out of 5 stars

Finance Sector

466th out of 855 stocks

Commercial Banks, Not Elsewhere Classified Industry

17th out of 28 stocks

SMFG stock logo

About Sumitomo Mitsui Financial Group Stock (NYSE:SMFG)

Sumitomo 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.

SMFG Stock Price History

SMFG Stock News Headlines

Sumitomo Mitsui Financial Group, Inc. (SMFG)
He Is Giving Away Bitcoin
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
Japan's Yen Hits a Fresh Three-Decade Low of 154
He Is Giving Away Bitcoin
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
JEF Apr 2024 42.500 put
JEF Apr 2024 37.500 call
Sumitomo Mitsui Financial Group Inc ADR SMFG
JEF Mar 2024 42.500 call
SMFG Mar 2024 12.500 call
Sumitomo Mitsui Financial Group, Inc. (0LAF.L)
SMFG Mar 2024 10.000 call
12 Best-Performing Bank Stocks In 2024
Sumitomo Mitsui Financial Group Inc. ADR
See More Headlines
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Company Calendar

Last Earnings
2/01/2024
Today
4/24/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Employees
106,000
Year Founded
2001

Profitability

Net Income
$6.83 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$45.46 billion
Cash Flow
$1.31 per share
Book Value
$14.57 per share

Miscellaneous

Outstanding Shares
6,687,650,000
Free Float
6,684,301,000
Market Cap
$76.34 billion
Optionable
Optionable
Beta
0.58

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Key Executives

  • Jun Uchikawa (Age 59)
    Senior Managing Corporate Executive Officer, Group CIO & GM of IT Planning Dept.
    Comp: $422.21k
  • Mr. Toru Nakashima (Age 61)
    President, Group CEO & Representative Executive Officer
  • Fumihiko Ito
    Senior Managing Executive Officer, Group CFO, Group CSO & Director
  • Jun Okahashi
    General Manager of Financial & Accounting Department
  • Mr. Kohei Ohashi
    SVP (IR Department)
  • Yoshihiro Hyakutome (Age 59)
    Senior Managing Executive Officer & Group Chief Compliance Officer
  • Mr. Takashi Kobayashi (Age 57)
    Senior Managing Corporate Executive Officer & Group Chief Human Resources Officer
  • Mr. Rajeev Veeravalli Kannan (Age 52)
    Managing Executive Officer & Co-Head of Asia Pacific Division
  • Mr. Takeshi Mikami (Age 58)
    Senior Managing Corporate Executive Officers & Group Chief Audit Executive

SMFG Stock Analysis - Frequently Asked Questions

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

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sumitomo Mitsui Financial Group in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SMFG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SMFG, but not buy additional shares or sell existing shares.
View SMFG analyst ratings
or view top-rated stocks.

How have SMFG shares performed in 2024?

Sumitomo Mitsui Financial Group's stock was trading at $9.68 at the beginning of 2024. Since then, SMFG stock has increased by 17.6% and is now trading at $11.38.
View the best growth stocks for 2024 here
.

Are investors shorting Sumitomo Mitsui Financial Group?

Sumitomo Mitsui Financial Group saw a decrease in short interest in March. As of March 31st, there was short interest totaling 2,670,000 shares, a decrease of 21.7% from the March 15th total of 3,410,000 shares. Based on an average daily volume of 1,490,000 shares, the days-to-cover ratio is presently 1.8 days. Approximately 0.0% of the shares of the company are short sold.
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 Monday, May 20th 2024.
View our SMFG earnings forecast
.

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

Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) issued its quarterly earnings results on Thursday, February, 1st. The bank reported $0.38 earnings per share for the quarter. The bank earned $14.95 billion during the quarter. Sumitomo Mitsui Financial Group had a trailing twelve-month return on equity of 7.27% and a net margin of 9.71%.

Is Sumitomo Mitsui Financial Group a good dividend stock?

Sumitomo Mitsui Financial Group (NYSE:SMFG) pays an annual dividend of $0.29 per share and currently has a dividend yield of 2.56%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 32.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SMFG will have a dividend payout ratio of 29.29% 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).

Who are Sumitomo Mitsui Financial Group's major shareholders?

Sumitomo Mitsui Financial Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Anderson Hoagland & Co. (0.01%), First Trust Direct Indexing L.P. (0.00%), Gilman Hill Asset Management LLC (0.00%), BTC Capital Management Inc. (0.00%), Naviter Wealth LLC (0.00%) and Park Avenue Securities LLC (0.00%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SMFG) was last updated on 4/24/2024 by MarketBeat.com Staff

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