Sumitomo Chemical Stock Forecast, Price & News

+0.09 (+0.35 %)
(As of 07/27/2021 03:59 PM ET)
Today's Range
50-Day Range
52-Week Range
Volume29,356 shs
Average Volume10,173 shs
Market Capitalization$8.58 billion
P/E Ratio29.77
Dividend Yield2.29%
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About Sumitomo Chemical

Sumitomo Chemical Company, Limited engages in the petrochemicals and plastics, energy and functional materials, IT-related chemicals, health and crop sciences, pharmaceuticals, and other businesses worldwide. Its Petrochemicals & Plastics segment offers synthetic resins, such as polyethylene, polypropylene, and polymethyl methacrylate resins; raw materials for synthetic fibers; and various industrial chemicals. The company's Energy & Functional Materials segment provides alumina and aluminum products used for energy products; polymer additives and rubber chemicals; synthetic rubber for tires, shoes, construction materials, and other applications; and engineering plastics and lithium-ion secondary battery materials for use in electronic components and next-generation vehicles. Its IT-Related Chemicals segment provides polarizing films, touch screen sensor panels, and color resists for LC and OLED displays; photoresists and high-purity chemicals for semiconductor manufacturing process; and compound semiconductor materials for antenna switches and other components of communication terminal equipment. The company's Health & Crop Sciences segment offers crop protection chemicals, fertilizers, feed additives, and household insecticides; active pharmaceutical ingredients and intermediates; and products to control infectious diseases. Its Pharmaceuticals segment provides prescription and diagnostic pharmaceuticals. The company's Others segment supplies electric power and steam; designs, constructs, and supervises chemical plants; provides transportation and warehousing services; and conducts physical property and environmental analysis. It has collaboration with Ginkgo Bioworks Announces Sumitomo Chemical to develop bio-based chemicals. Sumitomo Chemical Company, Limited was founded in 1913 and is headquartered in Tokyo, Japan.


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Industry, Sector and Symbol

Sales & Book Value






Overall MarketRank

1.64 out of 5 stars

Basic Materials Sector

208th out of 920 stocks

Private Households Industry

31st out of 384 stocks

Analyst Opinion: 0.0Community Rank: 3.2Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -
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Sumitomo Chemical (OTCMKTS:SOMMY) Frequently Asked Questions

Is Sumitomo Chemical a buy right now?

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

What stocks does MarketBeat like better than Sumitomo Chemical?

Wall Street analysts have given Sumitomo Chemical a "Hold" 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 Chemical wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Sumitomo Chemical?

Sumitomo Chemical saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 5,100 shares, an increase of 64.5% from the June 30th total of 3,100 shares. Based on an average daily trading volume, of 32,000 shares, the days-to-cover ratio is presently 0.2 days.
View Sumitomo Chemical's Short Interest

How has Sumitomo Chemical's stock price been impacted by COVID-19?

Sumitomo Chemical's stock was trading at $15.5338 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SOMMY stock has increased by 66.7% and is now trading at $25.90.
View which stocks have been most impacted by COVID-19

Is Sumitomo Chemical a good dividend stock?

Sumitomo Chemical pays an annual dividend of $0.59 per share and currently has a dividend yield of 2.29%. The dividend payout ratio of Sumitomo Chemical is 67.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Sumitomo Chemical will have a dividend payout ratio of 17.56% next year. This indicates that Sumitomo Chemical will be able to sustain or increase its dividend.
View Sumitomo Chemical's dividend history.

Who are Sumitomo Chemical's key executives?

Sumitomo Chemical's management team includes the following people:
  • Mr. Keiichi Iwata, Pres & Representative Director (Age 64)
  • Keigo Sasaki, Managing Exec. Officer of Accounting, Fin. & Corp. Communications Dept.
  • Mr. Hiroshi Ueda, Exec. VP & Director (Age 65)
  • Mr. Hiroshi Niinuma, Sr. Managing Exec. Officer & Director (Age 63)
  • Mr. Noriaki Takeshita, Sr. Managing Exec. Officer & Representative Director (Age 63)
  • Mr. Marc Vermeire, Managing Exec. Officer
  • Mr. Takashi Shigemori, Sr. Managing Exec. Officer & Director (Age 63)
  • Mr. Masaki Matsui, Sr. Managing Exec. Officer & Representative Director (Age 61)
  • Mr. Keiichi Sakata, Managing Exec. Officer (Age 62)
  • Motoyuki Sakai, Managing Exec. Officer (Age 60)

Who are some of Sumitomo Chemical's key competitors?

What is Sumitomo Chemical's stock symbol?

Sumitomo Chemical trades on the OTCMKTS under the ticker symbol "SOMMY."

How do I buy shares of Sumitomo Chemical?

Shares of SOMMY 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 Chemical's stock price today?

One share of SOMMY stock can currently be purchased for approximately $25.90.

How much money does Sumitomo Chemical make?

Sumitomo Chemical has a market capitalization of $8.58 billion and generates $20.45 billion in revenue each year. The company earns $284.17 million in net income (profit) each year or $0.87 on an earnings per share basis.

How many employees does Sumitomo Chemical have?

Sumitomo Chemical employs 33,586 workers across the globe.

What is Sumitomo Chemical's official website?

The official website for Sumitomo Chemical is www.sumitomo-chem.co.jp.

Where are Sumitomo Chemical's headquarters?

Sumitomo Chemical is headquartered at 27-1 Shinkawa 2-chome, Tokyo M0, 104-8260.

How can I contact Sumitomo Chemical?

Sumitomo Chemical's mailing address is 27-1 Shinkawa 2-chome, Tokyo M0, 104-8260. The company can be reached via phone at 813-5543-5102.

This page was last updated on 7/27/2021 by MarketBeat.com Staff
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