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S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
These 2 Healthcare Stocks Have Doubled in 2023
Bed Bath & Beyond Is Circling the Drain
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
These 2 Healthcare Stocks Have Doubled in 2023
Bed Bath & Beyond Is Circling the Drain
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
These 2 Healthcare Stocks Have Doubled in 2023
Bed Bath & Beyond Is Circling the Drain
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
OTCMKTS:SSUMY

Sumitomo - SSUMY Stock Forecast, Price & News

$18.01
+0.11 (+0.61%)
(As of 02/1/2023 12:00 AM ET)
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Today's Range
$17.84
$18.06
50-Day Range
$15.93
$18.11
52-Week Range
$12.41
$18.68
Volume
32,929 shs
Average Volume
23,703 shs
Market Capitalization
$22.54 billion
P/E Ratio
5.15
Dividend Yield
3.75%
Price Target
N/A

SSUMY stock logo

About Sumitomo (OTCMKTS:SSUMY) Stock

Sumitomo Corp. engages in the business of trading services. It operates through the following segments: Metal Products, Transportation & Construction Systems, Infrastructure, Media & Digital, Living Related & Real Estate, and Mineral Resources, Energy, Chemical & Electronics. The Metal Products segment handles the trade of metal products, including steel sheets, tubular products, and other products, as well as non-ferrous metals such as aluminum and titanium. The Transportation & Construction Systems segment deals with the automobile, ship, aircraft, rail, other transportation equipment, and construction equipment businesses. The Infrastructure segment includes the social infrastructure, global power infrastructure, and logistics infrastructure businesses. The Media & Digital segment handles the digital, media, and smart communications platform businesses. The Living Related & Real Estate segment manages the lifestyle and retail, food and agriculture, materials, supplies, and real estate businesses. The Mineral Resources, Energy, Chemical & Electronics segment develops businesses in mineral resources, energy, basic chemicals and electronics, and life sciences. The company was found

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SSUMY Stock News Headlines

SSUMY vs. ITT: Which Stock Is the Better Value Option?
Know Your Profit Potential BEFORE You Trade!
I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
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?
Know Your Profit Potential BEFORE You Trade!
I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
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?
Sumitomo makes strategic investment in Kenorland Minerals
Sumitomo invests $5.2 million in Kenorland Minerals, stock jumps
See More Headlines
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SSUMY Company Calendar

Last Earnings
11/04/2022
Today
2/02/2023
Fiscal Year End
3/31/2023

Industry, Sector and Symbol

Industry
Blast furnaces & steel mills
Sub-Industry
N/A
Current Symbol
OTCMKTS:SSUMY
CIK
N/A
Fax
N/A
Employees
74,253
Year Founded
1919

Profitability

Net Income
$3.83 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$45.41 billion
Cash Flow
$4.22 per share
Book Value
$22.35 per share

Miscellaneous

Outstanding Shares
1,251,570,000
Free Float
N/A
Market Cap
$22.54 billion
Optionable
Not Optionable
Beta
0.74

Social Links


Key Executives

  • Masayuki Hyodo
    Executive President, CEO & Representative Director
  • Masaru Shiomi
    CFO, Representative Director & Head-Accounting
  • Hirokazu Higashino
    Representative Director & Chief Strategy Officer
  • Takayuki Seishima
    Representative Director & Chief Compliance Officer
  • Shingo Ueno
    Executive Vice President & Head-Metal Products













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 7.9% and is now trading at $18.01.
View the best growth stocks for 2023 here
.

Are investors shorting Sumitomo?

Sumitomo saw a decline in short interest in the month of January. As of January 15th, there was short interest totaling 29,500 shares, a decline of 54.2% from the December 31st total of 64,400 shares. Based on an average trading volume of 77,500 shares, the days-to-cover ratio is currently 0.4 days.
View Sumitomo's Short Interest
.

How were Sumitomo's earnings last quarter?

Sumitomo Co. (OTCMKTS:SSUMY) issued its earnings results on Friday, November, 4th. The conglomerate reported $1.08 earnings per share for the quarter. The conglomerate had revenue of $11.26 billion for the quarter. Sumitomo had a net margin of 8.93% and a trailing twelve-month return on equity of 15.18%.

Is Sumitomo a good dividend stock?

Sumitomo (OTCMKTS:SSUMY) pays an annual dividend of $0.67 per share and currently has a dividend yield of 3.76%. The dividend payout ratio is 19.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSUMY will have a dividend payout ratio of 20.18% 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 $18.01.

How much money does Sumitomo make?

Sumitomo (OTCMKTS:SSUMY) has a market capitalization of $22.54 billion and generates $45.41 billion in revenue each year. The conglomerate earns $3.83 billion in net income (profit) each year or $3.50 on an earnings per share basis.

How many employees does Sumitomo have?

The company employs 74,253 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..
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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 2/2/2023 by MarketBeat.com Staff