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NYSE:SHGShinhan Financial Group Stock Price, Forecast & News

$27.84
-0.57 (-2.01 %)
(As of 08/14/2020 04:00 PM ET)
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Today's Range
$27.29
Now: $27.84
$27.93
50-Day Range
$24.06
MA: $25.23
$28.41
52-Week Range
$17.09
Now: $27.84
$39.74
Volume102,231 shs
Average Volume159,240 shs
Market Capitalization$13.29 billion
P/E Ratio5.13
Dividend Yield4.08%
Beta0.95
Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and internationally. The company operates through five segments: Banking, Credit Cards, Securities, Life Insurance, and Others. It offers retail banking services, including mortgage and home equity, and retail lending; demand, savings, and fixed deposit-taking; checking accounts; 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, and securitization; 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, 2017, it operated a network of 865 service centers; 6,076 ATMs; 9 cash dispensers; and 35 digital kiosks. Shinhan Financial Group Co., Ltd. was founded in 1982 and is headquartered in Seoul, South Korea.
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Shinhan Financial Group logo

Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.79 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$15.19 billion
Cash Flow$8.92 per share
Book Value$71.27 per share

Profitability

Net Income$2.72 billion

Miscellaneous

EmployeesN/A
Market Cap$13.29 billion
Next Earnings Date11/19/2020 (Estimated)
OptionableNot Optionable
$27.84
-0.57 (-2.01 %)
(As of 08/14/2020 04:00 PM 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 Coronavirus?

Shinhan Financial Group's stock was trading at $25.05 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SHG shares have increased by 11.1% and is now trading at $27.84.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Shinhan Financial Group?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shinhan Financial Group in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Shinhan Financial Group
.

When is Shinhan Financial Group's next earnings date?

Shinhan Financial Group is scheduled to release its next quarterly earnings announcement on Thursday, November 19th 2020.
View our earnings forecast for Shinhan Financial Group
.

How were Shinhan Financial Group's earnings last quarter?

Shinhan Financial Group Co., Ltd. (NYSE:SHG) issued its quarterly earnings data on Friday, July, 24th. The bank reported $1.44 earnings per share for the quarter. The bank had revenue of $2.78 billion for the quarter. Shinhan Financial Group had a return on equity of 7.99% and a net margin of 16.23%.
View Shinhan Financial Group's earnings history
.

Has Shinhan Financial Group been receiving favorable news coverage?

Media headlines about SHG stock have trended positive recently, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Shinhan Financial Group earned a news sentiment score of 2.4 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near future.
View the latest news about Shinhan Financial Group
.

Are investors shorting Shinhan Financial Group?

Shinhan Financial Group saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 55,800 shares, a decrease of 19.4% from the June 15th total of 69,200 shares. Based on an average daily trading volume, of 154,100 shares, the days-to-cover ratio is currently 0.4 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 LP Unit (ET), Pfizer (PFE), Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), AT&T (T), Verizon Communications (VZ), Carnival (CCL), Exxon Mobil (XOM), CBL & Associates Properties (CBL) and Coty (COTY).

Who are Shinhan Financial Group's key executives?

Shinhan Financial Group's management team includes the following people:
  • Mr. Yong-byoung Cho, Pres, CEO & Exec. Director (Age 62)
  • Mr. Sunghun Yu, Deputy Pres & CFO (Age 54)
  • Mr. Een-kyoon Lee, Exec. Director & COO (Age 52)
  • Mr. Woon-jin Jeong, Deputy Pres & Head of Global Investment Banking Bus. (Age 55)
  • Mr. Ho-Min Wang, Exec. Director & Chief Compliance Officer (Age 55)

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 a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (0.21%), Bank of America Corp DE (0.10%), Brandes Investment Partners LP (0.09%), Goldman Sachs Group Inc. (0.04%), Thomas White International Ltd. (0.02%) and Sanders Capital LLC (0.02%).

Which major investors are selling Shinhan Financial Group stock?

SHG stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Brandes Investment Partners LP, Sanders Capital LLC, Goldman Sachs Group Inc., LSV Asset Management, Candriam Luxembourg S.C.A., Atlas Capital Advisors LLC, and Henry James International Management 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 Bank of America Corp DE, JustInvest LLC, US Bancorp DE, Natixis Advisors L.P., Ethic Inc., Marshall Wace North America L.P., Profund Advisors LLC, and Signaturefd 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 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 $27.84.

How big of a company is Shinhan Financial Group?

Shinhan Financial Group has a market capitalization of $13.29 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.

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 8/15/2020 by MarketBeat.com Staff

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