With 2.33 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.2 million shares. During the session, the Banks – Diversified company that operates in wider Financial sector, reached to the highest price of $14.88 whereas the lowest price it dropped to was $14.62. The 52-week range on SMFG shows that it touched its highest point at $15.56 and its lowest point at $9.69 during that stretch. It currently has a 1-year price target of $13.42. With its current market cap of 95.95 billion, SMFG has annualized dividend of $0.41 while the current yield stands at 2.78%. Beta for the stock currently stands at 0.67.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SMFG was up-trending over the past week, with a rise of 1.10%, but this was down by -2.97% over a month. Three-month performance surged to 13.33% while six-month performance rose 7.14%. The stock gained 48.59% in the past year, while it has gained 1.52% so far this year. A look at the trailing 12-month EPS for SMFG yields 1.17 with Next year EPS estimates of 1.08. For the next quarter, that number is 0.23. This implies an EPS growth rate of 27.92% for this year and 8.77% for next year. EPS is expected to grow by 11.63% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 1.34%.
Float and Shares Shorts:
At present, 6.52 billion SMFG shares are outstanding with a float of 6.52 billion shares on hand for trading. On 2024-10-31, short shares totaled 3.59 million, which was 5.9999997 higher than short shares on 1727654400. In addition to Mr. Toru Nakashima as the firm’s President, Group CEO, Representative Corporate Executive Officer & Director, Mr. Fumihiko Ito serves as its Senior Managing Corporate Executive Officer, Group CFO, Group CSO & Director.
Institutional Ownership:
Through their ownership of 0.014989999 of SMFG’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SMFG since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 1 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SMFG analysts setting a high price target of 16.464 and a low target of 16.464, the average target price over the next 12 months is 16.464. Based on these targets, SMFG could surge 11.92% to reach the target high and rise by 11.92% to reach the target low. Reaching the average price target will result in a growth of 11.92% from current levels.
Analysts have provided yearly estimates in a range of $130.56053 being high and $104.40293 being low. For SMFG, this leads to a yearly average estimate of $118.96755.
