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NYSE:SHG

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

$35.14
-0.98 (-2.71%)
(As of 11:32 AM ET)
Today's Range
$35.14
$35.39
50-Day Range
$29.34
$37.94
52-Week Range
$24.99
$38.65
Volume
19,817 shs
Average Volume
132,997 shs
Market Capitalization
$17.90 billion
P/E Ratio
5.69
Dividend Yield
3.47%
Price Target
N/A

Shinhan Financial Group MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.13% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
17.71%
From $6.21 to $7.31 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.

3.71 out of 5 stars

Finance Sector

341st out of 851 stocks

National Commercial Banks Industry

45th 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, 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; business expansion financing and consulting services; 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 business investment, life and 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. Additionally, it provides transaction history inquiries and fund transfers, opening letters of credit, trade finance, payment and collection management, sales and acquisition settlement, business-to-business settlement, sweeping, pooling, ERP interface, host-to-host banking, SWIFT SCORE, and cash and liquidity management service. Shinhan Financial Group Co., Ltd. was founded in 1982 and is headquartered in Seoul, South Korea.

SHG Stock Price History

SHG Stock News Headlines

SHG Shinhan Financial Group Co., Ltd.
SHG Sep 2024 25.000 put
Shinhan Financial Group Co Ltd's Dividend Analysis
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
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Company Calendar

Ex-Dividend for 2/22 Dividend
2/22/2024
Dividend Payable
2/22/2024
Last Earnings
4/18/2024
Today
5/22/2024
Next Earnings (Estimated)
5/23/2024
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
18.05%

Debt

Sales & Book Value

Annual Sales
$25.42 billion
Cash Flow
$8.50 per share
Book Value
$87.87 per share

Miscellaneous

Free Float
504,299,000
Market Cap
$18.40 billion
Optionable
Optionable
Beta
0.92
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Key Executives

  • Mr. Ok-Dong Jin (Age 63)
    CEO & Executive Director
    Comp: $477.12k
  • 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?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Shinhan Financial Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "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 at the start of the year. Since then, SHG stock has increased by 17.3% and is now trading at $36.12.
View the best growth stocks for 2024 here
.

Are investors shorting Shinhan Financial Group?

Shinhan Financial Group saw a increase in short interest in April. As of April 15th, there was short interest totaling 699,300 shares, an increase of 59.7% from the March 31st total of 437,800 shares. Based on an average daily trading volume, of 147,200 shares, the days-to-cover ratio is currently 4.8 days. Currently, 0.1% of the company's shares 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, May 23rd 2024.
View our SHG earnings forecast
.

How were Shinhan Financial Group's earnings last quarter?

Shinhan Financial Group Co., Ltd. (NYSE:SHG) released its quarterly earnings results on Thursday, April, 18th. The bank reported $0.75 earnings per share (EPS) for the quarter. The bank had revenue of $3.14 billion for the quarter. Shinhan Financial Group had a trailing twelve-month return on equity of 7.47% and a net margin of 13.45%.

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 given a dividend of $0.3953 per share on Thursday, February 22nd. This represents a $1.58 dividend on an annualized basis and a dividend yield of 4.38%. 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 $1.22 per share and currently has a dividend yield of 3.39%. The dividend payout ratio is 19.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHG will have a dividend payout ratio of 16.69% 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?
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 a variety of institutional and retail investors. Top institutional shareholders include Lazard Asset Management LLC (0.25%), Pzena Investment Management LLC (0.17%), Vanguard Group Inc. (0.09%), Acadian Asset Management LLC (0.05%), Promethos Capital LLC (0.04%) and O Shaughnessy Asset Management LLC (0.03%).

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 5/22/2024 by MarketBeat.com Staff

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