The price of Sumitomo Mitsui Financial Group Inc ADR (NYSE:SMFG) shares last traded on Wall Street rose 3.53% to $9.96.
Based on available information, 13 analysts follow Sumitomo Mitsui Financial Group Inc ADR (NYSE:SMFG). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $12.81 and a low of $9.84, we find $11.00. Given the previous closing price of $9.62, this indicates a potential upside of 14.35 percent. SMFG stock price is now 2.36% away from the 50-day moving average and 11.66% away from the 200-day moving average. The market capitalization of the company currently stands at $66.44B.
Among analysts, 5 rate the stock a hold while 7 rate it a buy. Brokers who have rated the stock have averaged $11.22 as their price target over the next twelve months.
A total of 0.06% of the company’s stock is owned by insiders.
A candlestick chart of Sumitomo Mitsui Financial Group Inc ADR (NYSE: SMFG) showed a price of $9.87 on Thursday morning. During the past 12 months, Sumitomo Mitsui Financial Group Inc ADR has had a low of $6.66 and a high of $10.58. The fifty day moving average price for SMFG is $9.73 and a two-hundred day moving average price translates $8.93 for the stock.
The latest earnings results from Sumitomo Mitsui Financial Group Inc ADR (NYSE: SMFG) was released for Sep, 2023. According to the Banks – Diversified Company, earnings per share came in at $0.29, beating analysts’ expectations of $0.21 by 0.08. This compares to $0.28 EPS in the same period last year. The net profit margin was 10.44% and return on equity was 6.40% for SMFG.
Sumitomo Mitsui Financial Group Inc ADR(SMFG) Company Profile
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.
