- Mizuho has increased its full-year net income forecast to 820 billion yen, up from the previous forecast of 750 billion yen.
- The company had initially estimated net income at 793.1 billion yen.
- A dividend of 130 yen per share is expected, surpassing the previous estimate of 115 yen and the current estimate of 116.59 yen.
- In the second quarter, Mizuho reported a net income of 276.84 billion yen, which is significantly higher than the estimated 187.32 billion yen.
- The second-quarter dividend has been set at 65 yen per share.
- Market analysts have given Mizuho 8 buy ratings, 9 hold ratings, and no sell ratings.
Mizuho Financial Group on Smartkarma
Analyst coverage of Mizuho Financial Group on Smartkarma reveals insights into the cross-shareholding practices of the company. Sumeet Singh, in their report titled “Mizuho Cross-Shareholding – US$11bn of Cross-Shareholding, with at Least US$2bn to Sell over FY24-26,” delves into Mizuho Financial Group‘s significant holdings in various Japanese stocks, exceeding US$100m in at least 34 listed companies. The report suggests the potential for selldowns of around US$7bn worth of stakes, shedding light on the strategic decisions Mizuho may undertake in the coming years.
This thorough analysis provides investors with valuable information on Mizuho Financial Group‘s cross-shareholding strategies and the potential impact on its financial performance. Sumeet Singh‘s bullish sentiment towards Mizuho’s selldown possibilities offers a forward-looking perspective for investors seeking to understand the company’s future positioning in the market.
A look at Mizuho Financial Group Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 4 | |
Dividend | 4 | |
Growth | 3 | |
Resilience | 4 | |
Momentum | 4 | |
OVERALL SMART SCORE | 3.8 |
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
Based on the Smartkarma Smart Scores, Mizuho Financial Group seems to have a positive long-term outlook. With strong scores in areas such as Value, Dividend, Resilience, and Momentum, the company appears to be well-positioned in terms of financial stability and potential growth. Although Growth has a slightly lower score, the overall picture suggests that Mizuho Financial Group is a solid choice for investors looking for a company with consistent performance across multiple factors.
As a prominent provider of financial services including general banking, securities brokerage, trust banking, and assets management, Mizuho Financial Group, Inc. offers a comprehensive range of services to its clients. With its favorable Smartkarma Smart Scores, investors may consider Mizuho Financial Group as a reliable option for long-term investment, given its strong performance in key areas critical for sustainable growth and value creation.
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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