- Sumitomo Realty increased its full-year operating income forecast to 270.00 billion yen.
- The previous estimate for operating income was 267.00 billion yen, with analysts estimating 271.33 billion yen.
- The company anticipates a net income of 191.00 billion yen, slightly up from the prior 190.00 billion yen forecast, and close to the 191.56 billion yen estimate.
- Net sales are expected to reach 1.01 trillion yen, up from the previous forecast of 1.00 trillion yen, matching analysts’ estimate of 1 trillion yen.
- Market consensus includes 6 buy recommendations, 4 hold, and 1 sell for Sumitomo Realty shares.
A look at Sumitomo Realty & Developmen Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Sumitomo Realty & Development Co., Ltd. appears to have a promising long-term outlook based on the Smartkarma Smart Scores analysis. With a solid Momentum score of 4, the company seems to be gaining traction and moving forward at a good pace. This suggests that Sumitomo Realty & Development is positioned well to capitalize on opportunities and potentially deliver strong performance going forward.
While the scores for Value, Growth, and Resilience are moderate, indicating room for improvement in these areas, the company’s overall outlook seems optimistic. Although the Dividend score is on the lower side at 2, there is potential for Sumitomo Realty & Development to enhance its dividend offerings in the future. Overall, the company’s diverse operations in developing properties, managing real estate, and providing financial services position it favorably for long-term growth and success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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