S&P 500   3,853.07
DOW   31,176.01
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S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
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S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
pixel
S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
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NYSE:SHG

Shinhan Financial Group Stock Forecast, Price & News

$30.41
-0.17 (-0.56 %)
(As of 01/21/2021 12:00 AM ET)
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Today's Range
$30.31
Now: $30.41
$30.60
50-Day Range
$29.26
MA: $30.66
$31.96
52-Week Range
$17.09
Now: $30.41
$35.57
Volume101,786 shs
Average Volume114,553 shs
Market Capitalization$15.71 billion
P/E Ratio5.31
Dividend Yield3.79%
Beta0.86
Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and internationally. The company operates through five segments: Commercial Banking Services, Credit Card Services, Securities Brokerage Services, Life Insurance Services, 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 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. As of December 31, 2019, it operated a network of 876 service centers; 5,773 ATMs; 13 cash dispensers; and 48 digital kiosks. Shinhan Financial Group Co., Ltd. was founded in 1982 and is headquartered in Seoul, South Korea.
Shinhan Financial Group logo

MarketRank

Overall MarketRank

1.50 out of 5 stars

Finance Sector

667th out of 1,942 stocks

National Commercial Banks Industry

72nd out of 164 stocks

Analyst Opinion: 0.0Community Rank: 2.5Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone82-2-6360-3129
Employees167

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$15.19 billion
Cash Flow$7.94 per share
Book Value$71.27 per share

Profitability

Net Income$2.72 billion

Miscellaneous

Market Cap$15.71 billion
Next Earnings Date3/4/2021 (Estimated)
OptionableNot Optionable
$30.41
-0.17 (-0.56 %)
(As of 01/21/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Shinhan Financial Group (NYSE:SHG) Frequently Asked Questions

How has Shinhan Financial Group's stock been impacted by COVID-19?

Shinhan Financial Group's stock was trading at $25.05 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SHG stock has increased by 21.4% and is now trading at $30.41.
View which stocks have been most impacted by COVID-19
.

Is Shinhan Financial Group a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shinhan Financial Group in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Shinhan Financial Group stock.
View analyst ratings for Shinhan Financial Group
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Shinhan Financial Group?

Wall Street analysts have given Shinhan Financial Group a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Shinhan Financial Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Larry J. Merlo's approval rating as Shinhan Financial Group's CEO?

6,978 employees have rated Shinhan Financial Group CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among Shinhan Financial Group's employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

When is Shinhan Financial Group's next earnings date?

Shinhan Financial Group is scheduled to release its next quarterly earnings announcement on Thursday, March 4th 2021.
View our earnings forecast for Shinhan Financial Group
.

How were Shinhan Financial Group's earnings last quarter?

Shinhan Financial Group Co., Ltd. (NYSE:SHG) posted its quarterly earnings results on Tuesday, November, 17th. The bank reported $1.91 earnings per share (EPS) for the quarter. The bank had revenue of $2.90 billion for the quarter. Shinhan Financial Group had a net margin of 17.06% and a return on equity of 8.26%.
View Shinhan Financial Group's earnings history
.

Is Shinhan Financial Group a good dividend stock?

Shinhan Financial Group pays an annual dividend of $1.16 per share and currently has a dividend yield of 3.79%. The dividend payout ratio of Shinhan Financial Group is 19.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Shinhan Financial Group will have a dividend payout ratio of 19.43% next year. This indicates that Shinhan Financial Group will be able to sustain or increase its dividend.
View Shinhan Financial Group's dividend history.

Are investors shorting Shinhan Financial Group?

Shinhan Financial Group saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 134,000 shares, an increase of 24.3% from the December 15th total of 107,800 shares. Based on an average trading volume of 116,200 shares, the days-to-cover ratio is currently 1.2 days.
View Shinhan Financial Group's Short Interest
.

Who are some of Shinhan Financial Group's key competitors?

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 key executives?

Shinhan Financial Group's management team includes the following people:
  • Mr. Yong Byung Cho, CEO & Exec. Chairman (Age 64)
  • Mr. Yong-hoon Roh, Deputy Pres & CFO (Age 57)
  • Mr. Een-kyoon Lee, Exec. Director & COO (Age 54)
  • Mr. Woon-jin Jeong, Deputy Pres & Head of Global Investment Banking Bus. (Age 57)
  • Mr. Ho-Min Wang, Exec. Director & Chief Compliance Officer (Age 57)
  • Mr. Byeong-Cheol Lee, Deputy Pres & Chief PR Officer (Age 58)
  • Mr. Chil Sun Hong, Sr. Exec. VP of Subsidiary Mgmt Team II, PR Team and Audit & Compliance Team (Age 75)
  • Mr. Bhang Gil Choi, Sr. Exec. VP of Integration Coordination Team I and II (Age 69)
  • Mr. Yoo Yeop Shim, Exec. Deputy Chief Exec. Officer of Shinhan Card
  • Hee Geon Kim, Exec. Deputy Chief Exec. Officer of Shinhan Card (Age 63)

What is Shinhan Financial Group's stock symbol?

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

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 Crossmark Global Holdings Inc. (0.07%) and JustInvest LLC (0.01%).

Which major investors are selling Shinhan Financial Group stock?

SHG stock was sold by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc..

Which major investors are buying Shinhan Financial Group stock?

SHG stock was acquired by a variety of institutional investors in the last quarter, including JustInvest LLC.

How do I buy shares of Shinhan Financial Group?

Shares of SHG 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.

What is Shinhan Financial Group's stock price today?

One share of SHG stock can currently be purchased for approximately $30.41.

How big of a company is Shinhan Financial Group?

Shinhan Financial Group has a market capitalization of $15.71 billion and generates $15.19 billion in revenue each year. The bank earns $2.72 billion in net income (profit) each year or $5.96 on an earnings per share basis. Shinhan Financial Group employs 167 workers across the globe.

What is Shinhan Financial Group's official website?

The official website for Shinhan Financial Group is www.shinhangroup.com.

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 bank can be reached via phone at 82-2-6360-3129 or via email at [email protected]

This page was last updated on 1/22/2021 by MarketBeat.com Staff

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