Sumitomo Mitsui Financial Group (SMFG) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $12.67 to $12.89
• 50-Day Range: $11.38 to $14.48
• 52-Week Range: $9.03 to $14.53
• Volume: 1.16 million shs
• Average Volume: 1.52 million shs
• Market Capitalization: $84.31 billion
• P/E Ratio: 12.89
• Dividend Yield: 2.09%
• Price Target: N/A
• Consensus Rating: N/A

Sumitomo Mitsui Financial Group Stock Analysis - MarketRank™

Sumitomo Mitsui Financial Group scored higher than 85% of companies evaluated by MarketBeat, and ranked 93rd out of 948 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Sumitomo Mitsui Financial Group.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 7.50%

Earnings Growth

Earnings for Sumitomo Mitsui Financial Group are expected to grow by 7.50% in the coming year, from $0.40 to $0.43 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Sumitomo Mitsui Financial Group is 12.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.12.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sumitomo Mitsui Financial Group is 12.89, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 41.48.

Price to Earnings Growth Ratio

Sumitomo Mitsui Financial Group has a PEG Ratio of 2.70. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Sumitomo Mitsui Financial Group has a P/B Ratio of 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.07% of the float of Sumitomo Mitsui Financial Group has been sold short.

Short Interest Ratio / Days to Cover

Sumitomo Mitsui Financial Group has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sumitomo Mitsui Financial Group has recently decreased by 7.46%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Sumitomo Mitsui Financial Group pays a meaningful dividend of 2.13%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Sumitomo Mitsui Financial Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Sumitomo Mitsui Financial Group is 27.00%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Sumitomo Mitsui Financial Group will have a dividend payout ratio of 62.79% next year. This indicates that Sumitomo Mitsui Financial Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.07% of the float of Sumitomo Mitsui Financial Group has been sold short.

Short Interest Ratio / Days to Cover

Sumitomo Mitsui Financial Group has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sumitomo Mitsui Financial Group has recently decreased by 7.46%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 1.05

News Sentiment

Sumitomo Mitsui Financial Group has a news sentiment score of 1.05. 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 is a higher news sentiment than the 0.69 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Sumitomo Mitsui Financial Group this week, compared to 3 articles on an average week.

Search Interest

Only 1 people have searched for SMFG on MarketBeat in the last 30 days. This is a decrease of -89% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Sumitomo Mitsui Financial Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Sumitomo Mitsui Financial Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $551,773,323.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 0.05% of the stock of Sumitomo Mitsui Financial Group is held by insiders.

Percentage Held by Institutions

Only 3.85% of the stock of Sumitomo Mitsui Financial Group is held by institutions.

SMFG Stock Analysis - Frequently Asked Questions

How have SMFG shares performed this year?

Sumitomo Mitsui Financial Group's stock was trading at $9.68 at the start of the year. Since then, SMFG shares have increased by 33.2% and is now trading at $12.89.
View the best growth stocks for 2024 here.

How were Sumitomo Mitsui Financial Group's earnings last quarter?

Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) announced its quarterly earnings results on Friday, August, 2nd. The bank reported $0.36 EPS for the quarter, beating analysts' consensus estimates of $0.30 by $0.06. The bank earned $16.18 billion during the quarter. Sumitomo Mitsui Financial Group had a trailing twelve-month return on equity of 8.13% and a net margin of 11.28%.

Who are Sumitomo Mitsui Financial Group's major shareholders?

Sumitomo Mitsui Financial Group's top institutional investors include Park Avenue Securities LLC.
View institutional ownership trends.

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.

What other stocks do shareholders of Sumitomo Mitsui Financial Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sumitomo Mitsui Financial Group investors own include AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO), Pfizer (PFE), Visa (V), Chevron (CVX) and Gilead Sciences (GILD).

Company Calendar

• Last Earnings: 8/02/2024
• Today: 10/05/2024
• Next Earnings (Estimated): 11/12/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Commercial banks, not elsewhere classified
• Sub-Industry: Banking
• Current Symbol: NYSE:SMFG
• CUSIP: N/A
• CIK: 1022837
• Web: www.smfg.co.jp
• Phone: (133) 282-8111
• Fax: 813-4333-9954
• Employees: 120,000
• Year Founded: 2001

Profitability

• EPS (Most Recent Fiscal Year): $1.00
• Trailing P/E Ratio: 12.89
• Forward P/E Ratio: 32.23
• P/E Growth: 2.7
• Net Income: $6.12 billion
• Net Margins: 11.28%
• Pretax Margin: 15.49%
• Return on Equity: 8.13%
• Return on Assets: 0.41%

Debt

• Debt-to-Equity Ratio: 1.92
• Current Ratio: 1.05
• Quick Ratio: 1.05

Sales & Book Value

• Annual Sales: $64.79 billion
• Price / Sales: 1.30
• Cash Flow: $1.53 per share
• Price / Cash Flow: 8.44
• Book Value: $17.05 per share
• Price / Book: 0.76

Miscellaneous

• Outstanding Shares: 6,540,890,000
• Free Float: 6,583,692,000
• Market Cap: $84.31 billion
• Optionable: Optionable
• Beta: 0.60