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66,000% upside on tiny biotech? (Ad)
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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
66,000% upside on tiny biotech? (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
66,000% upside on tiny biotech? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
66,000% upside on tiny biotech? (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
Indonesia is set to launch Southeast Asia's first high-speed railway, largely funded by China
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
66,000% upside on tiny biotech? (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
66,000% upside on tiny biotech? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
66,000% upside on tiny biotech? (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
Indonesia is set to launch Southeast Asia's first high-speed railway, largely funded by China
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
66,000% upside on tiny biotech? (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
66,000% upside on tiny biotech? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
66,000% upside on tiny biotech? (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
Indonesia is set to launch Southeast Asia's first high-speed railway, largely funded by China
OTCMKTS:SSUMY

Sumitomo (SSUMY) Stock Forecast, Price & News

$20.02
-0.85 (-4.07%)
(As of 09/29/2023 ET)
Compare
Today's Range
$19.55
$20.17
50-Day Range
$19.59
$21.78
52-Week Range
$12.41
$22.68
Volume
19,341 shs
Average Volume
23,046 shs
Market Capitalization
$24.49 billion
P/E Ratio
6.44
Dividend Yield
3.15%
Price Target
N/A

SSUMY stock logo

About Sumitomo (OTCMKTS:SSUMY) Stock

Sumitomo Corporation engages in general trading business worldwide. It operates through six segments: Metal Products; Transportation & Construction Systems; Infrastructure; Media & Digital; Living Related & Real Estate; and Mineral Resources, Energy, Chemical & Electronics. The company provides steel sheets and tubular products; and manufactures, leases, sells, services, and finances ships, aircrafts, motor vehicles, construction equipment, and components and parts. It is involved in the development of renewable energy projects comprising power generation and power plant engineering, procurement, and construction activities; electricity retail; industrial facilities and equipment, water, transportation systems and infrastructure, airports, smart city project, environmental solutions, and storage battery businesses; development and operation of industrial parks; arranging insurance; and provision of logistics services. In addition, the company engages in the cable television, 5G related technologies, programming distribution, movies, digital media and video content, TV shopping, and e-commerce businesses; cell phone, ICT platform, digital solution, and venture capital businesses; provision of smart communications infrastructure; operation of food supermarkets and drugstore chains; trade of cement and building materials; and real estate businesses. Further, it develops and trades in coal, iron ore, manganese, uranium, non-ferrous and precious metals, petroleum, natural gas and liquefied natural gas, and commodity derivative transactions; trades in non-ferrous metal products, liquefied petroleum gas, storage batteries, carbon products, plastics, organic and inorganic chemicals, silicon wafers, LEDs, pharmaceuticals, agricultural chemicals, household insecticides, fertilizers, and veterinary drugs; engages in the investing activities; and provides electronics manufacturing services. Sumitomo Corporation was incorporated in 1919 and is headquartered in Tokyo, Japan.

SSUMY Price History

SSUMY Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
SUMITOMO earnings: here's what to expect
Sumitomo Chemical Co. Ltd.
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
SSUMY vs. ITT: Which Stock Is the Better Value Option?
Is Sumitomo (SSUMY) Stock Undervalued Right Now?
SSUMY or ITT: Which Is the Better Value Stock Right Now?
Are Investors Undervaluing Sumitomo (SSUMY) Right Now?
Metals logistics platform Minehub signs up Sumitomo Corp
Here's what Wall Street expects from Sumitomo's earnings report
SUMITOMO earnings: here's what Wall Street expects
Should Value Investors Buy Sumitomo (SSUMY) Stock?
See More Headlines
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SSUMY Company Calendar

Last Earnings
8/03/2023
Today
10/01/2023
Fiscal Year End
3/31/2024

Industry, Sector and Symbol

Industry
Blast furnaces & steel mills
Sub-Industry
N/A
Current Symbol
OTCMKTS:SSUMY
CIK
N/A
Fax
N/A
Employees
78,235
Year Founded
1919

Profitability

Net Income
$4.25 billion
Pretax Margin
10.60%

Debt

Sales & Book Value

Annual Sales
$50.47 billion
Cash Flow
$4.45 per share
Book Value
$23.90 per share

Miscellaneous

Outstanding Shares
1,223,080,000
Free Float
N/A
Market Cap
$24.49 billion
Optionable
Not Optionable
Beta
0.81

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Key Executives

  • Mr. Kuniharu Nakamura (Age 73)
    Exec. Chairman of Directors
    Comp: $805.03k
  • Mr. Masayuki Hyodo (Age 64)
    Pres, CEO & Representative Director
  • Mr. Reiji Morooka (Age 62)
    Sr. Managing Exec. Officer, CFO & Representative Director
  • Yasuhiro Yoshida
    Assistant CFO & GM of Accounting Controlling Department
  • Tatsushi Tatsumi
    Chief Digital & Information Officer
  • Mr. Takayuki Seishima (Age 61)
    Exec. VP, Chief Admin. Officer, Chief Compliance Officer & Rep. Director
  • Yoshinori Takayama
    Corp. Officer & GM of Investor Relations Dept.
  • Mr. Toshikazu Nambu (Age 64)
    Assistant to Pres & CEO and Adviser of Chief Digital Officer
  • Mr. Shingo Ueno
    Exec. VP of Metal Products Bus Unit, Mineral Res, Energy, Chemical & Electronics Bus Unit
  • Mr. Masaki Nakajima
    Sr. Managing Exec. Officer and GM of Media & Digital Bus. Unit













SSUMY Stock - Frequently Asked Questions

How have SSUMY shares performed in 2023?

Sumitomo's stock was trading at $16.69 on January 1st, 2023. Since then, SSUMY shares have increased by 20.0% and is now trading at $20.02.
View the best growth stocks for 2023 here
.

Are investors shorting Sumitomo?

Sumitomo saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 10,500 shares, a decline of 50.0% from the August 31st total of 21,000 shares. Based on an average daily trading volume, of 41,500 shares, the short-interest ratio is currently 0.3 days.
View Sumitomo's Short Interest
.

How were Sumitomo's earnings last quarter?

Sumitomo Co. (OTCMKTS:SSUMY) announced its quarterly earnings results on Thursday, August, 3rd. The conglomerate reported $0.77 earnings per share for the quarter. The conglomerate had revenue of $12.18 billion for the quarter. Sumitomo had a trailing twelve-month return on equity of 12.98% and a net margin of 7.76%.

Is Sumitomo a good dividend stock?

Sumitomo (OTCMKTS:SSUMY) pays an annual dividend of $0.63 per share and currently has a dividend yield of 3.16%. The dividend payout ratio is 20.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSUMY will have a dividend payout ratio of 24.51% next year. This indicates that the company will be able to sustain or increase its dividend.

What is Sumitomo's stock symbol?

Sumitomo trades on the OTCMKTS under the ticker symbol "SSUMY."

How do I buy shares of Sumitomo?

Shares of SSUMY 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's stock price today?

One share of SSUMY stock can currently be purchased for approximately $20.02.

How much money does Sumitomo make?

Sumitomo (OTCMKTS:SSUMY) has a market capitalization of $24.49 billion and generates $50.47 billion in revenue each year. The conglomerate earns $4.25 billion in net income (profit) each year or $3.11 on an earnings per share basis.

How many employees does Sumitomo have?

The company employs 78,235 workers across the globe.

Does Sumitomo have any subsidiaries?
The following companies are subsidiares of Sumitomo: Agro Amazônia, B.V., Comercial Metales Blancos AB, ERYNGIUM Ltd., Edgen Group, Edgen Group Inc., Emerald Grain, Fyffes, Fyffes plc, Gemadept Corporation, Howco Group, IG Kogyo Co., Interacid Trading S.A., Inversiones SC Sierra Gorda Limitada, K + S GmbH, KIRIU Corporation, KUSURI-NO-KATSUMATA, Minera San Cristobal S.A., Moto-Pfohe EOOD, Nissin Sugar, OMS Holdings Pte., P.T. Central Java Power, P.T. Summit Auto Group, Pacific Summit Energy LLC, Perennial Power Holdings Inc., Petro Summit Pte. Ltd., Presidio Ventures, Q-Park, S.C. Cement Co., SC Construction Machinery (Shanghai) Corporation, SC Foods Co., SC Metal Pty. Ltd., SC Minerals America, SC Pipe Solutions Co., SC Sierra Gorda Finance B.V., SC Steel Investment, SCAP C Pty Ltd, SCSK Corporation, SMS Construction and Mining Systems Inc., SMS International Corporation, Serra Azul Iron Ore, Servilamina Summit Mexicana S.A. de C.V., Sumi Agro Europe, Sumi Agro Europe Limited, Sumiputeh Steel Centre Sdn Bhd, Sumisho Aero Engine Lease B.V., Sumisho Brand Management Corporation, Sumisho Coal Australia Holdings Pty. Ltd., Sumisho Coal Australia Pty. Ltd., Sumisho Global Logistics Co., Sumisho Metal (Thailand) Co., Sumisho Metalex Corporation, Sumisho Steel Corporation (Hong Kong) Limited, Sumitec International, Sumitomo Corporation (Central Eurasia) LLC, Sumitomo Corporation (China) Holding Ltd., Sumitomo Corporation Asia & Oceania Pte. Ltd., Sumitomo Corporation Do Brasil S.A., Sumitomo Corporation Equity Asia Limited, Sumitomo Corporation Europe Holding Limited, Sumitomo Corporation Global Commodities Limited, Sumitomo Corporation Global Metals Co., Sumitomo Corporation Korea Ltd., Sumitomo Corporation Middle East FZE, Sumitomo Corporation Taiwan Ltd., Sumitomo Corporation of Americas, Sumitomo Shoji Chemicals Co., Sumitomo Shoji Financial Management Co., Sumitomo Shoji Machinex Co., Sumitronics Corporation, Summit, Summit Agri-Business Corporation, Summit Ambatovy Mineral Resources Investment, Summit Capital Leasing Co., Summit Discovery Resources ⅡLLC, Summit Energy Corporation, Summit Exploration and Production Limited, Summit Forests New Zealand Limited, Summit Grain Investment (Australia) Pty Ltd, Summit Minerals GmbH, Summit Motors Vladivostok, Summit Oil and Gas USA Corporation, Summit Renewable Energy Europe Limited, Summit Rural Western Australia Pty. Ltd., Summit Southern Cross Power Holdings Pty. Ltd., Summit Water Limited, TBC Corporation, Tecnologia Para La Construccion Y Mineria S.L., Tianjin Hua Zhu Metal Products Co., Tomod's, Toyota Ukraine, Triton Navigation B.V., and Yasato Kosan Co..
Read More
How can I contact Sumitomo?

Sumitomo's mailing address is Harumi Island Triton Square Office Tower 1-8-11 Harumi Chuo-ku, TOKYO M0, 104-8610. The official website for the company is www.sumitomocorp.com. The conglomerate can be reached via phone at (136) 285-5000 or via email at ir@sumitomocorp.com.

This page (OTCMKTS:SSUMY) was last updated on 10/1/2023 by MarketBeat.com Staff

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