OTCMKTS:SSUMY

Sumitomo (SSUMY) Stock Price, News & Analysis

$27.18
+0.14 (+0.52%)
(As of 05/10/2024 ET)
Today's Range
$26.50
$27.27
50-Day Range
$22.90
$28.30
52-Week Range
$18.51
$28.90
Volume
27,287 shs
Average Volume
40,529 shs
Market Capitalization
$33.21 billion
P/E Ratio
9.21
Dividend Yield
2.32%
Price Target
N/A
SSUMY stock logo

About Sumitomo Stock (OTCMKTS:SSUMY)

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 Stock Price History

SSUMY Stock News Headlines

Sumitomo Corp. ADR
CEO of Biggest AI Chipmaker Just Dropped a Bombshell…
Nvidia’s CEO calls it the “next amazing revolution” … and even declared it “is going to be flat out of the biggest [revolution] ever.” Jeff Bezos, Bill Gates, and Mark Zuckerberg have invested billions in it.
Sumitomo Corp ADR SSUMY
CEO of Biggest AI Chipmaker Just Dropped a Bombshell…
Nvidia’s CEO calls it the “next amazing revolution” … and even declared it “is going to be flat out of the biggest [revolution] ever.” Jeff Bezos, Bill Gates, and Mark Zuckerberg have invested billions in it.
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Are Conglomerates Stocks Lagging Griffon (GFF) This Year?
Sumitomo Forestry Co. Ltd.
SUMITOMO earnings: here's what to expect
Sumitomo Chemical Co. Ltd.
SSUMY vs. ITT: Which Stock Is the Better Value Option?
Is Sumitomo (SSUMY) Stock Undervalued Right Now?
See More Headlines
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Company Calendar

Last Earnings
5/09/2019
Today
5/12/2024
Fiscal Year End
3/31/2025

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
N/A

Debt

Sales & Book Value

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

Miscellaneous

Outstanding Shares
1,221,870,000
Free Float
N/A
Market Cap
$33.21 billion
Optionable
Not Optionable
Beta
0.71

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Key Executives

  • Mr. Kuniharu Nakamura (Age 74)
    Director & Special Advisor
    Comp: $771k
  • Mr. Shingo Ueno (Age 65)
    President, CEO & Representative Director
  • Mr. Reiji Morooka (Age 63)
    Senior Managing Executive Officer, CFO & Representative Director
  • Yasuhiro Yoshida
    Assistant CFO & GM of Accounting Controlling Department
  • Tatsushi Tatsumi
    Executive Officer and Chief Digital & Information Officer
  • Mr. Takayuki Seishima (Age 62)
    Executive Vice President, Chief Administration Officer, Chief Compliance Officer & Rep. Director
  • Yoshinori Takayama
    Corporate Officer & GM of Investor Relations Dept.
  • Mr. Toshikazu Nambu (Age 65)
    Assistant to President & CEO and Adviser of Chief Digital Officer
  • Mr. Masaki Nakajima
    Senior Managing Executive Officer and GM of Media & Digital Business Unit
  • Mr. Yoshiyuki Sakamoto
    Senior Managing Exe. Officer and GM of Mineral Resources, Energy, Chemical & Electronics Busi. Unit

SSUMY Stock Analysis - Frequently Asked Questions

How have SSUMY shares performed in 2024?

Sumitomo's stock was trading at $21.7380 at the beginning of the year. Since then, SSUMY stock has increased by 25.0% and is now trading at $27.18.
View the best growth stocks for 2024 here
.

Are investors shorting Sumitomo?

Sumitomo saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 32,800 shares, an increase of 160.3% from the April 15th total of 12,600 shares. Based on an average trading volume of 70,700 shares, the days-to-cover ratio is currently 0.5 days.
View Sumitomo's Short Interest
.

How were Sumitomo's earnings last quarter?

Sumitomo Co. (OTCMKTS:SSUMY) posted its quarterly earnings results on Thursday, May, 9th. The conglomerate reported $0.58 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.58. The conglomerate earned $13.68 billion during the quarter. Sumitomo had a trailing twelve-month return on equity of 12.25% and a net margin of 7.41%.

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 2.32%. The dividend payout ratio is 21.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSUMY will have a dividend payout ratio of 21.95% next year. This indicates that the company will be able to sustain or increase its dividend.

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

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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This page (OTCMKTS:SSUMY) was last updated on 5/12/2024 by MarketBeat.com Staff

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