NYSE:SMFG Sumitomo Mitsui Financial Group (SMFG) Stock Price, News & Analysis → Top 5 AI Stocks to Buy for 2024 (From Market Moving Trends) (Ad) Free SMFG Stock Alerts $12.27 +0.46 (+3.90%) (As of 02:10 PM ET) Add Compare Share Share Today's Range$12.23▼$12.3550-Day Range$11.10▼$12.3352-Week Range$7.88▼$12.45Volume731,599 shsAverage Volume1.31 million shsMarket Capitalization$80.82 billionP/E Ratio13.94Dividend Yield2.36%Price TargetN/A Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Sumitomo Mitsui Financial Group alerts: Email Address Sumitomo Mitsui Financial Group MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.05% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.13Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth5.32%From $0.94 to $0.99 Per ShareSee 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.2.47 out of 5 starsFinance Sector651st out of 881 stocksCommercial Banks, Not Elsewhere Classified Industry23rd out of 27 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 Shorted0.05% 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 3.1, 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 33.33%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldSumitomo Mitsui Financial Group pays a meaningful dividend of 2.49%, 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 32.95%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Sumitomo Mitsui Financial Group will have a dividend payout ratio of 29.29% next year. This indicates that Sumitomo Mitsui Financial Group will be able to sustain or increase its dividend.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 2.8 News and Social Media Coverage News SentimentSumitomo Mitsui Financial Group has a news sentiment score of 1.13. 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 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Sumitomo Mitsui Financial Group this week, compared to 2 articles on an average week.Search InterestOnly 3 people have searched for SMFG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 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. 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Sumitomo Mitsui Financial Group are expected to grow by 5.32% in the coming year, from $0.94 to $0.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sumitomo Mitsui Financial Group is 13.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.67.Price to Earnings Ratio vs. SectorThe P/E ratio of Sumitomo Mitsui Financial Group is 13.94, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 54.90.Price to Earnings Growth RatioSumitomo Mitsui Financial Group has a PEG Ratio of 1.25. 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 0.84. 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 Banyan Hill PublishingTrump’s Former Wingman Bets Big on AIOne of his AI company’s earliest investors was the CIA’s venture capital arm called In-Q-Tel … named after Q, the fictional character who makes gadgets for James Bond. Soon, an alphabet soup of 30 government agencies would entrust the company with their most sensitive information.Get the full story here. 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 HeadlinesMay 15 at 7:15 AM | uk.finance.yahoo.comSumitomo Mitsui, Mizuho Forecast Record Profits as Rates RiseMay 15 at 7:15 AM | finance.yahoo.comUPDATE 4-Big Japan banks forecast record profits, signal optimism as domestic rates normaliseMay 15 at 7:15 AM | 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 bondsApril 2, 2024 | msn.comPaytm resumes lending with two partners, in talks with Muthoot Finance: ReportApril 2, 2024 | msn.comPaytm restarts lending services with SMFG India Credit, Shriram Finance; talks on with Muthoot Finance: ReportApril 1, 2024 | finance.yahoo.comJapan Service Firms’ Optimism Tempered by Softer Factory SectorMarch 28, 2024 | msn.comPT Bank Central Asia Tbk goes ex-dividend tomorrowSee 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 Earnings7/29/2020Today5/15/2024Next Earnings (Estimated)5/20/2024Fiscal 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)$0.88 Trailing P/E Ratio14.00 Forward P/E Ratio13.11 P/E Growth1.25Net Income$6.83 billion Net Margins9.71% Pretax MarginN/A Return on Equity7.27% Return on Assets0.35% Debt Debt-to-Equity Ratio2.08 Current Ratio1.06 Quick RatioN/A Sales & Book Value Annual Sales$45.46 billion Price / Sales1.79 Cash Flow$1.36 per share Price / Cash Flow9.09 Book Value$14.57 per share Price / Book0.85Miscellaneous Outstanding Shares6,586,980,000Free Float6,583,692,000Market Cap$81.15 billion OptionableOptionable Beta0.59 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.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 CompetitorsBanco SantanderNYSE:SANBank of MontrealNYSE:BMOBanco Bilbao Vizcaya ArgentariaNYSE:BBVAICICI BankNYSE:IBNING GroepNYSE:INGView All CompetitorsInstitutional OwnershipLazard Asset Management LLCSold 44,652 shares on 5/15/2024Ownership: 0.001%PEAK6 Investments LLCBought 2,900 shares on 5/15/2024Ownership: 0.000%Healthcare of Ontario Pension Plan Trust FundSold 16,000 shares on 5/14/2024Ownership: 0.003%Lake Street Advisors Group LLCBought 2,318 shares on 5/14/2024Ownership: 0.001%Advisors Asset Management Inc.Bought 6,996 shares on 5/14/2024Ownership: 0.001%View All Institutional Transactions SMFG Stock Analysis - Frequently Asked Questions Should I buy or sell Sumitomo Mitsui Financial Group stock right now? 1 Wall Street 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 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 shares have increased by 26.8% and is now trading at $12.27. 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 short-interest ratio is presently 3.1 days. Approximately 0.1% of the shares of the stock are short sold. 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, May 20th 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 quarterly earnings results on Wednesday, July, 29th. The bank reported $0.12 earnings per share for the quarter, missing analysts' consensus estimates of $0.19 by $0.07. The bank earned $9.02 billion during the quarter. Sumitomo Mitsui Financial Group had a net margin of 9.71% and a trailing twelve-month return on equity of 7.27%. Is Sumitomo Mitsui Financial Group a good dividend stock? Sumitomo Mitsui Financial Group (NYSE:SMFG) pays an annual dividend of $0.29 per share and currently has a dividend yield of 2.49%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 32.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SMFG will have a dividend payout ratio of 29.29% next year. This indicates that the company will be able to sustain or increase its dividend. 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) and ActivePassive International Equity ETF (APIE).Avantis International Large Cap Value ETF (AVIV). 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 a number of institutional and retail 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 5/15/2024 by MarketBeat.com Staff From Our PartnersDoes this make you sick?Allegiance GoldHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldBill Clinton Backing Biden Replacement???The Freeport SocietyTrump Reveals Conspiracy Behind Fed-Controlled Digital Currency.Monetary GoldForget the “Magnificent 7” Tech Companies, Buy This AI Stock InsteadBanyan Hill PublishingTop 5 Tech Stocks to Buy for 2024Daily Market AlertsTop 5 AI Stocks to Buy for 2024Market Moving Trends Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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