S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
NYSE:SHG

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

$30.49
+0.19 (+0.63%)
(As of 04/19/2024 ET)
Today's Range
$30.38
$30.62
50-Day Range
$29.34
$37.94
52-Week Range
$24.99
$38.65
Volume
59,007 shs
Average Volume
145,225 shs
Market Capitalization
$15.53 billion
P/E Ratio
5.22
Dividend Yield
4.03%
Price Target
N/A

Shinhan Financial Group MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.09% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.55mentions of Shinhan Financial Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-1.96%
From $6.12 to $6.00 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.15 out of 5 stars

Finance Sector

485th out of 845 stocks

National Commercial Banks Industry

62nd out of 81 stocks

SHG stock logo

About Shinhan Financial Group Stock (NYSE:SHG)

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 Stock Price History

SHG Stock News Headlines

Your Money is Not Safe
Biden Deploys Phase 1 Fednow Digital Currency Discover how to legally "opt-out" of the digital dollar today. No matter what they say, it's not something that will help you. If you don't take the action steps shown below…
Shinhan Financial Group (NYSE:SHG) Shares Gap Down to $31.80
Shinhan Financial Group (NYSE:SHG) Sees Strong Trading Volume
SHG Shinhan Financial Group Co., Ltd.
SHG Sep 2024 25.000 put
Shinhan Financial Group Co Ltd's Dividend Analysis
Your Money is Not Safe
Biden Deploys Phase 1 Fednow Digital Currency Discover how to legally "opt-out" of the digital dollar today. No matter what they say, it's not something that will help you. If you don't take the action steps shown below…
Shinhan Financial Group Co. Ltd. ADR
Shinhan Financial Group Co Ltd ADR SHG
Korea Fund: Accumulate On Stronger Export Data
Shinhan Financial: Mixed Prospects, Fair Valuation
Shinhan Financial (SHG) Could Be a Great Choice
Shinhan Financial reports Q2 results
Shinhan Financial Group
See More Headlines
Receive SHG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Shinhan Financial Group and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 2/22 Dividend
2/22/2024
Dividend Payable
2/22/2024
Today
4/19/2024
Next Earnings (Estimated)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Profitability

Net Income
$3.49 billion
Pretax Margin
17.69%

Debt

Sales & Book Value

Annual Sales
$26.97 billion
Cash Flow
$9.18 per share
Book Value
$87.87 per share

Miscellaneous

Free Float
504,299,000
Market Cap
$15.53 billion
Optionable
Optionable
Beta
0.91
The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

Key Executives

  • Mr. Ok-Dong Jin (Age 63)
    CEO & Executive Director
    Comp: $489.64k
  • Taekyung Lee (Age 58)
    Deputy President & CFO
  • Mr. Een-kyoon Lee (Age 57)
    Deputy President & COO
  • Mr. Tae Youn Kim (Age 56)
    Executive Director, Head of Global & New Business Division and Head of Accounting Division
  • Mr. Keun Soo Jung (Age 58)
    Deputy President and Head of Group & Global Investment Banking Group
  • Cheol Woo Park
    Head of Investor Relations
  • Mr. Ho-Min Wang (Age 60)
    Deputy President & Chief Compliance Officer
  • Mr. Jun Sik Ahn (Age 59)
    Deputy President & Chief Public Relations Officer
  • Mr. Jung Kee Min (Age 65)
    Chief of Asset Management Unit
  • Mr. Young-Taeg Heo (Age 63)
    Deputy President & Chief Management Officer

SHG Stock Analysis - Frequently Asked Questions

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

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Shinhan Financial Group in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SHG shares.
View SHG analyst ratings
or view top-rated stocks.

How have SHG shares performed in 2024?

Shinhan Financial Group's stock was trading at $30.78 on January 1st, 2024. Since then, SHG shares have decreased by 0.9% and is now trading at $30.49.
View the best growth stocks for 2024 here
.

Are investors shorting Shinhan Financial Group?

Shinhan Financial Group saw a increase in short interest in March. As of March 31st, there was short interest totaling 437,800 shares, an increase of 132.4% from the March 15th total of 188,400 shares. Based on an average daily trading volume, of 142,000 shares, the short-interest ratio is presently 3.1 days. Currently, 0.1% of the shares of the stock are short sold.
View Shinhan Financial Group's Short Interest
.

When is Shinhan Financial Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our SHG earnings forecast
.

How often does Shinhan Financial Group pay dividends? What is the dividend yield for Shinhan Financial Group?

Shinhan Financial Group announced a quarterly dividend on Wednesday, February 14th. Shareholders of record on Friday, January 1st will be paid a dividend of $0.3953 per share on Thursday, February 22nd. This represents a $1.58 annualized dividend and a yield of 5.19%. The ex-dividend date is Thursday, February 22nd.
Read our dividend analysis for SHG
.

Is Shinhan Financial Group a good dividend stock?

Shinhan Financial Group (NYSE:SHG) pays an annual dividend of $1.23 per share and currently has a dividend yield of 4.18%. SHG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 21.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHG will have a dividend payout ratio of 20.50% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SHG.

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).

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).

Who are Shinhan Financial Group's major shareholders?

Shinhan Financial Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Ballentine Partners LLC (0.01%), First Trust Direct Indexing L.P. (0.00%), DGS Capital Management LLC (0.00%), Aprio Wealth Management LLC (0.00%), Atlas Capital Advisors LLC (0.00%) and Confluence Investment Management LLC (0.00%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SHG) was last updated on 4/20/2024 by MarketBeat.com Staff

From Our Partners