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The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Federal student loan payments are starting again. Here's what you need to know
Bank of Japan survey shows manufacturers optimistic about economy
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Facing increasing pressure from customers, some miners are switching to renewable energy
Grant program for Black women entrepreneurs blocked by federal appeals court
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
UK Treasury chief says he'll hike the minimum wage but rules out tax cuts while inflation stays high
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Federal student loan payments are starting again. Here's what you need to know
Bank of Japan survey shows manufacturers optimistic about economy
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Facing increasing pressure from customers, some miners are switching to renewable energy
Grant program for Black women entrepreneurs blocked by federal appeals court
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
UK Treasury chief says he'll hike the minimum wage but rules out tax cuts while inflation stays high
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Federal student loan payments are starting again. Here's what you need to know
Bank of Japan survey shows manufacturers optimistic about economy
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Facing increasing pressure from customers, some miners are switching to renewable energy
Grant program for Black women entrepreneurs blocked by federal appeals court
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
UK Treasury chief says he'll hike the minimum wage but rules out tax cuts while inflation stays high
NYSE:SHG

Shinhan Financial Group (SHG) Stock Forecast, Price & News

$26.49
-0.02 (-0.08%)
(As of 09/29/2023 08:53 PM ET)
Compare
Today's Range
$26.45
$26.72
50-Day Range
$25.63
$28.49
52-Week Range
$22.98
$36.64
Volume
104,900 shs
Average Volume
131,805 shs
Market Capitalization
$13.66 billion
P/E Ratio
4.18
Dividend Yield
4.72%
Price Target
$32.31

Shinhan Financial Group MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
22.0% Upside
$32.31 Price Target
Short Interest
Healthy
0.06% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.23mentions of Shinhan Financial Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.22%
From $6.77 to $6.92 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.31 out of 5 stars

Finance Sector

503rd out of 868 stocks

National Commercial Banks Industry

63rd out of 85 stocks


SHG stock logo

About Shinhan Financial Group (NYSE:SHG) Stock

Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and internationally. The company operates through six segments: Banking, Credit Card, Securities, Life Insurance, Credit, and Others. It offers retail banking services, including demand, savings, and fixed deposit-taking; checking accounts; mortgage and home equity, and retail lending; electronic banking and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services. The company also provides corporate banking services, such as investment banking, real estate financing, overseas real estate and development project financing, infrastructure and structured financing, equity/venture investments, mergers and acquisitions consulting; securitization and derivatives services comprising securities and derivative products, and foreign exchange trading; and working capital loans and facilities loans. In addition, it is involved in treasury and investment activities in international capital markets consisting of foreign currency-denominated securities trading, foreign exchange trading and services, trade-related financial services, international factoring services, and foreign banking operations. Further, the company offers real estate trust, investment advisory, venture capital, non-life insurance, trust account management, securities brokerage, and asset management services, as well as leasing and equipment financing, savings banking, loan collection and credit reporting, collective investment administration, private equity investment, and financial system development services. Shinhan Financial Group Co., Ltd. was founded in 1982 and is headquartered in Seoul, South Korea.

SHG Price History

SHG Stock News Headlines

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The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Shinhan Financial (SHG) Could Be a Great Choice
Shinhan Financial reports Q2 results
Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
Shinhan Financial Group
Best Value Stocks to Buy for February 27th
Shinhan Financial: All Eyes On 2023 Outlook
See More Headlines
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SHG Company Calendar

Last Earnings
8/14/2023
Today
10/02/2023
Next Earnings (Estimated)
11/13/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
N/A
Sector
Finance
Employees
2,020
Year Founded
1982

Price Target and Rating

Average Stock Price Forecast
$32.31
High Stock Price Forecast
$32.31
Low Stock Price Forecast
$32.31
Forecasted Upside/Downside
+22.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$3.25 billion
Pretax Margin
19.83%

Debt

Sales & Book Value

Annual Sales
$18.75 billion
Cash Flow
$8.52 per share
Book Value
$70.35 per share

Miscellaneous

Free Float
510,349,000
Market Cap
$13.66 billion
Optionable
Not Optionable
Beta
0.83
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Key Executives

  • Mr. Ok-Dong Jin (Age 62)
    CEO & Exec. Director
  • Taekyung Lee (Age 57)
    Deputy Pres & CFO
  • Mr. Een-kyoon Lee (Age 56)
    Deputy Pres & COO
  • Mr. Tae Youn Kim (Age 55)
    Exec. Director, Head of Global & New Bus. Division and Head of Accounting Division
  • Mr. Keun Soo Jung (Age 57)
    Deputy Pres and Head of Group & Global Investment Banking Group
  • Cheol Woo Park
    Head of Investor Relations
  • Mr. Ho-Min Wang (Age 59)
    Deputy Pres & Chief Compliance Officer
  • Mr. Jun Sik Ahn (Age 58)
    Deputy Pres & Chief PR Officer
  • Mr. Jung Kee Min (Age 64)
    Chief of Asset Management Unit
  • Mr. Young-Taeg Heo (Age 62)
    Deputy Pres & Chief Management Officer













SHG Stock - Frequently Asked Questions

Should I buy or sell Shinhan Financial Group stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shinhan Financial Group in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SHG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SHG, but not buy additional shares or sell existing shares.
View SHG analyst ratings
or view top-rated stocks.

What is Shinhan Financial Group's stock price forecast for 2023?

3 analysts have issued 1-year target prices for Shinhan Financial Group's stock. Their SHG share price forecasts range from $32.31 to $32.31. On average, they predict the company's share price to reach $32.31 in the next twelve months. This suggests a possible upside of 22.0% from the stock's current price.
View analysts price targets for SHG
or view top-rated stocks among Wall Street analysts.

How have SHG shares performed in 2023?

Shinhan Financial Group's stock was trading at $27.93 at the beginning of 2023. Since then, SHG shares have decreased by 5.2% and is now trading at $26.49.
View the best growth stocks for 2023 here
.

When is Shinhan Financial Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our SHG earnings forecast
.

How were Shinhan Financial Group's earnings last quarter?

Shinhan Financial Group Co., Ltd. (NYSE:SHG) issued its quarterly earnings results on Monday, August, 14th. The bank reported $1.75 EPS for the quarter. The bank earned $3.15 billion during the quarter. Shinhan Financial Group had a trailing twelve-month return on equity of 8.61% and a net margin of 15.90%.

What ETFs hold Shinhan Financial Group's stock?

ETFs with the largest weight of Shinhan Financial Group (NYSE:SHG) stock in their portfolio include Avantis Emerging Markets Value ETF (AVES) and Avantis Responsible Emerging Markets Equity ETF (AVSE).Avantis Emerging Markets Equity ETF (AVEM).

Is Shinhan Financial Group a good dividend stock?

Shinhan Financial Group (NYSE:SHG) pays an annual dividend of $1.25 per share and currently has a dividend yield of 4.73%. SHG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 19.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHG will have a dividend payout ratio of 18.06% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SHG.

What other stocks do shareholders of Shinhan Financial Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Shinhan Financial Group investors own include Energy Transfer (ET), Pfizer (PFE), AT&T (T), Verizon Communications (VZ), Exxon Mobil (XOM), Carnival Co. & (CCL), Coty (COTY), CBL & Associates Properties (CBL), Designer Brands (DBI) and Ford Motor (F).

What is Shinhan Financial Group's stock symbol?

Shinhan Financial Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "SHG."

How do I buy shares of Shinhan Financial Group?

Shares of SHG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Shinhan Financial Group's stock price today?

One share of SHG stock can currently be purchased for approximately $26.49.

How much money does Shinhan Financial Group make?

Shinhan Financial Group (NYSE:SHG) has a market capitalization of $13.66 billion and generates $18.75 billion in revenue each year. The bank earns $3.25 billion in net income (profit) each year or $6.34 on an earnings per share basis.

How many employees does Shinhan Financial Group have?

The company employs 2,020 workers across the globe.

How can I contact Shinhan Financial Group?

Shinhan Financial Group's mailing address is 20 SEJONG-DAERO 9-GIL JUNG-GU, SEOUL M5, 04513. The official website for the company is www.shinhangroup.com. The bank can be reached via phone at (226) 360-3000, via email at cheol.park@shinhan.com, or via fax at 82-2-6360-3098.

This page (NYSE:SHG) was last updated on 10/2/2023 by MarketBeat.com Staff

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