NYSE:SMFG Sumitomo Mitsui Financial Group (SMFG) Stock Price, News & Analysis → It's time to ween off Chinese lithium! (From Smallcaps Daily) (Ad) Free SMFG Stock Alerts $13.16 +0.10 (+0.77%) (As of 09:53 AM ET) Add Compare Share Share Today's Range$13.11▼$13.1750-Day Range$11.10▼$13.3852-Week Range$8.18▼$13.41Volume77,170 shsAverage Volume1.23 million shsMarket Capitalization$86.68 billionP/E Ratio13.16Dividend Yield1.14%Price TargetN/A Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Sumitomo Mitsui Financial Group alerts: Email Address Sumitomo Mitsui Financial Group MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.06% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.03Based on 7 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.0.97 out of 5 starsFinance Sector735th out of 816 stocksCommercial Banks, Not Elsewhere Classified Industry25th out of 25 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Sumitomo Mitsui Financial Group.Read more about Sumitomo Mitsui Financial Group's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.06% of the float of Sumitomo Mitsui Financial Group has been sold short.Short Interest Ratio / Days to CoverSumitomo Mitsui Financial Group has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Sumitomo Mitsui Financial Group has recently increased by 4.83%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldSumitomo Mitsui Financial Group pays a meaningful dividend of 1.11%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSumitomo Mitsui Financial Group has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Sumitomo Mitsui Financial Group is 15.00%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Sumitomo Mitsui Financial Group's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SMFG. Previous Next 2.2 News and Social Media Coverage News SentimentSumitomo Mitsui Financial Group has a news sentiment score of 1.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Sumitomo Mitsui Financial Group this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 1 people have added Sumitomo Mitsui Financial Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sumitomo Mitsui Financial Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.05% of the stock of Sumitomo Mitsui Financial Group is held by insiders.Percentage Held by InstitutionsOnly 3.85% of the stock of Sumitomo Mitsui Financial Group is held by institutions.Read more about Sumitomo Mitsui Financial Group's insider trading history. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Sumitomo Mitsui Financial Group is 13.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Sumitomo Mitsui Financial Group is 13.13, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 53.90.Price to Earnings Growth RatioSumitomo Mitsui Financial Group has a PEG Ratio of 1.47. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSumitomo Mitsui Financial Group has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Sumitomo Mitsui Financial Group's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchTrump convicted... now what?Unexpected Twist to Trump's Trial Most folks sense there's more to the Trump trial than meets the eye. But while the Left celebrates his conviction... and the Right rallies around him... the average American is not prepared for what happens next.Which is why it's so important to access this presentation while it's still available online. 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.Read More SMFG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SMFG Stock News HeadlinesJune 7 at 6:34 AM | americanbankingnews.comSumitomo Mitsui Financial Group (NYSE:SMFG) Shares Gap Down to $13.28June 5, 2024 | americanbankingnews.comSumitomo Mitsui Financial Group (NYSE:SMFG) Hits New 12-Month High at $13.33May 17, 2024 | seekingalpha.comSumitomo Mitsui: Multiple PositivesMay 17, 2024 | finance.yahoo.comDow Futures Little Changed After 40000 MilestoneMay 15, 2024 | uk.finance.yahoo.comSumitomo Mitsui, Mizuho Forecast Record Profits as Rates RiseMay 15, 2024 | finance.yahoo.comUPDATE 4-Big Japan banks forecast record profits, signal optimism as domestic rates normaliseMay 15, 2024 | finance.yahoo.comJapan’s Biggest Banks Forecast Record Profits as Rates RiseMay 7, 2024 | msn.comSMFG invests Rs 1,300 crore in SMFG India Credit Co Limited via rights issueMay 7, 2024 | msn.comSMFG invests Rs 1300 crore in Indian armMay 2, 2024 | msn.comJapan's Sumitomo Corp net profit down 32%, misses estimatesMay 2, 2024 | finance.yahoo.comJapan Likely Spent About $23 Billion in Latest Yen InterventionMay 1, 2024 | msn.comBuffett-Favored Mitsui Announces Share Buyback, Stock SplitApril 29, 2024 | investorplace.comBillionaire Paul Singer Is Betting Big on Sumitomo (SMFG) StockApril 29, 2024 | msn.comElliott Management builds large stake in Warren Buffett favorite Sumitomo: reportApril 29, 2024 | msn.comElliott Management Secures Stake In Warren Buffett-Backed Sumitomo CorpApril 28, 2024 | bloomberg.comElliott Said to Build ‘Large’ Stake in Buffett-Favored SumitomoApril 26, 2024 | finance.yahoo.comYen Drops to Fresh 34-Year Low as BOJ Keeps Key Rate UnchangedApril 23, 2024 | msn.comRCBC aiming to grow loan portfolio to P160BApril 18, 2024 | finance.yahoo.comSumitomo Mitsui Financial Group, Inc. (SMFG)April 16, 2024 | finance.yahoo.comJapan's Yen Hits a Fresh Three-Decade Low of 154April 12, 2024 | finance.yahoo.comJapan’s Five-Year Yield Rises to Highest Since 2011 on BOJ BetsApril 4, 2024 | bloomberg.comJefferies, Japan’s Sumitomo Mitsui Expand Alliance to CanadaApril 4, 2024 | finance.yahoo.comJefferies and Japan's Sumitomo expand alliance into CanadaApril 4, 2024 | businesswire.comJefferies and SMBC Expand Strategic Alliance to CanadaApril 3, 2024 | msn.comMitsui Sumitomo, Aioi Nissay issue joint cat bondsSee More Headlines Receive SMFG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sumitomo Mitsui Financial Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/15/2024Today6/09/2024Next Earnings (Estimated)7/29/2024Fiscal Year End3/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Commercial banks, not elsewhere classified Sub-IndustryN/A Current SymbolNYSE:SMFG CUSIPN/A CIK1022837 Webwww.smfg.co.jp Phone(133) 282-8111Fax813-4333-9954Employees106,000Year Founded2001Profitability EPS (Most Recent Fiscal Year)$1.00 Trailing P/E Ratio13.06 Forward P/E Ratio13.75 P/E Growth1.47Net Income$6.64 billion Net Margins10.32% Pretax Margin15.16% Return on Equity7.71% Return on Assets0.37% Debt Debt-to-Equity Ratio1.96 Current Ratio1.24 Quick RatioN/A Sales & Book Value Annual Sales$64.79 billion Price / Sales1.33 Cash Flow$1.44 per share Price / Cash Flow9.08 Book Value$15.50 per share Price / Book0.84Miscellaneous Outstanding Shares6,586,980,000Free Float6,583,692,000Market Cap$86.03 billion OptionableOptionable Beta0.61 Social Links 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report Key ExecutivesJun Uchikawa (Age 59)Senior Managing Corporate Executive Officer, Group CIO & GM of IT Planning Dept. Comp: $404.16kMr. Toru Nakashima (Age 61)President, Group CEO & Representative Executive Officer Fumihiko ItoSenior Managing Executive Officer, Group CFO, Group CSO & DirectorJun OkahashiGeneral Manager of Financial & Accounting DepartmentMr. Kohei OhashiSVP (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 Masamichi Koike (Age 61)Deputy President & Representative Executive Officer More ExecutivesKey CompetitorsRoyal Bank of CanadaNYSE:RYMitsubishi UFJ Financial GroupNYSE:MUFGHDFC BankNYSE:HDBToronto-Dominion BankNYSE:TDICICI BankNYSE:IBNView All CompetitorsInstitutional OwnershipBoston PartnersBought 90,959 shares on 5/28/2024Ownership: 0.004%Cetera Advisors LLCBought 19,975 shares on 5/24/2024Ownership: 0.000%Lazard Asset Management LLCSold 44,652 shares on 5/15/2024Ownership: 0.001%PEAK6 Investments LLCBought 2,900 shares on 5/15/2024Ownership: 0.000%Lake Street Advisors Group LLCBought 2,318 shares on 5/14/2024Ownership: 0.001%View All Institutional Transactions Should I Buy Sumitomo Mitsui Financial Group Stock? SMFG Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Sumitomo Mitsui Financial Group, Inc.: Sumitomo Mitsui Financial Group has shown consistent growth in its stock price, with a 52-week high of $12.45, indicating positive market sentiment. The company offers a diverse range of financial services including banking, leasing, securities, credit card, and consumer finance, providing stability and potential for revenue streams from various sectors. Institutional investors like FMR LLC and Dimensional Fund Advisors LP have increased their holdings in Sumitomo Mitsui Financial Group, signaling confidence in the company's performance and future prospects. With a market capitalization of $79.18 billion, Sumitomo Mitsui Financial Group is a significant player in the financial industry, offering stability and potential for long-term growth. The company's price-to-earnings ratio of 13.66 and a PEG ratio of 1.25 suggest that the stock may be undervalued, presenting a potential buying opportunity for investors. Cons Investors should be bearish about investing in Sumitomo Mitsui Financial Group, Inc. for these reasons: Sumitomo Mitsui Financial Group's stock has a beta of 0.59, indicating lower volatility compared to the market average, which may result in slower price movements and potentially lower returns for investors seeking high-growth opportunities. The company's 50-day moving average of $11.59 and 200-day moving average of $10.57 suggest that the stock may be trading near its peak, potentially limiting short-term upside potential for investors. Natixis Advisors L.P. recently decreased its holdings in Sumitomo Mitsui Financial Group by 72.7%, which could be interpreted as a lack of confidence in the company's future performance. While the company has a strong presence in various regions globally, geopolitical and economic uncertainties in these regions could pose risks to Sumitomo Mitsui Financial Group's operations and financial performance. Investors should carefully consider the company's price-to-earnings ratio, as a higher ratio may indicate that the stock is overvalued, potentially leading to a correction in the stock price in the future. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, June 8, 2024. Please send any questions or comments about these Sumitomo Mitsui Financial Group pros and cons to contact@marketbeat.com. 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 year. 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 the year. Since then, SMFG stock has increased by 35.6% and is now trading at $13.13. View the best growth stocks for 2024 here. Are investors shorting Sumitomo Mitsui Financial Group? Sumitomo Mitsui Financial Group saw a increase in short interest in April. As of April 30th, there was short interest totaling 3,520,000 shares, an increase of 33.3% from the April 15th total of 2,640,000 shares. Based on an average daily volume of 1,150,000 shares, the days-to-cover ratio is currently 3.1 days. Approximately 0.1% of the company's stock are sold short. 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, July 29th 2024. View our SMFG earnings forecast. How were Sumitomo Mitsui Financial Group's earnings last quarter? Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) announced its earnings results on Wednesday, May, 15th. The bank reported $0.18 EPS for the quarter, topping the consensus estimate of $0.13 by $0.05. The bank earned $17.93 billion during the quarter. Sumitomo Mitsui Financial Group had a net margin of 10.32% and a trailing twelve-month return on equity of 7.71%. Is Sumitomo Mitsui Financial Group a good dividend stock? Sumitomo Mitsui Financial Group (NYSE:SMFG) pays an annual dividend of $0.15 per share and currently has a dividend yield of 1.11%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 15.00%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for SMFG. What ETFs hold Sumitomo Mitsui Financial Group's stock? ETFs with the largest weight of Sumitomo Mitsui Financial Group (NYSE:SMFG) stock in their portfolio include Amplify International Enhanced Dividend Income ETF (IDVO), Invesco International Dividend Achievers ETF (PID), AdvisorShares Dorsey Wright ADR ETF (AADR), ActivePassive International Equity ETF (APIE), Avantis International Large Cap Value ETF (AVIV), Pacer Trendpilot International ETF (PTIN) and Avantis Responsible International Equity ETF (AVSD).Avantis International Equity ETF (AVDE). 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 many different retail and institutional investors. Top institutional investors include Anderson Hoagland & Co. (0.01%), O Shaughnessy Asset Management LLC (0.01%), Simplicity Wealth LLC (0.01%), Bleakley Financial Group LLC (0.01%), QRG Capital Management Inc. (0.01%) and First Trust Direct Indexing L.P. (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 6/10/2024 by MarketBeat.com Staff From Our PartnersTrump convicted... now what?Unexpected Twist to Trump's Trial Most folks sense there's more to the Trump trial than meets the eye. 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