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NYSE:SHGShinhan Financial Group Stock Price, Forecast & News

$23.08
-0.63 (-2.66 %)
(As of 05/22/2020 04:00 PM ET)
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Today's Range
$22.80
Now: $23.08
$23.58
50-Day Range
$21.63
MA: $23.49
$25.52
52-Week Range
$17.09
Now: $23.08
$40.00
Volume193,252 shs
Average Volume192,921 shs
Market Capitalization$10.86 billion
P/E Ratio2.53
Dividend Yield5.01%
Beta0.96
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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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
Phone82-2-6360-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$15.19 billion
Cash Flow$8.18 per share
Book Value$71.29 per share

Profitability

Net Income$2.72 billion

Miscellaneous

EmployeesN/A
Market Cap$10.86 billion
Next Earnings Date8/18/2020 (Estimated)
OptionableNot Optionable

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Shinhan Financial Group (NYSE:SHG) Frequently Asked Questions

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

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 (WHO). Since then, SHG stock has decreased by 7.9% and is now trading at $23.08. View which stocks have been most impacted by Coronavirus.

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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shinhan Financial Group in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." 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 Tuesday, August 18th 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) posted its quarterly earnings data on Thursday, March, 5th. The bank reported $0.90 earnings per share (EPS) for the quarter. The bank earned $2.56 billion during the quarter. Shinhan Financial Group had a net margin of 16.77% and a return on equity of 8.33%. View Shinhan Financial Group's earnings history.

Has Shinhan Financial Group been receiving favorable news coverage?

News articles about SHG stock have trended extremely negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog 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 daily sentiment score of -4.5 on InfoTrie's scale. They also assigned media stories about the bank a news buzz of 10.0 out of 10, meaning 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 aboutShinhan Financial Group.

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), CBL & Associates Properties (CBL), Carnival (CCL), Martin Midstream Partners (MMLP), NY MTG TR INC/SH (NYMT), SandRidge Permian Trust (PER), AT&T (T), Verizon Communications (VZ) and Exxon Mobil (XOM).

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 many different retail and institutional investors. Top institutional shareholders include Morgan Stanley (0.17%), Parametric Portfolio Associates LLC (0.16%), Pzena Investment Management LLC (0.04%), BlackRock Inc. (0.03%), Wellington Management Group LLP (0.03%) and Wells Fargo & Company MN (0.02%).

Which institutional investors are selling Shinhan Financial Group stock?

SHG stock was sold by a variety of institutional investors in the last quarter, including Nomura Asset Management Co. Ltd., Franklin Resources Inc., Russell Investments Group Ltd., Wetherby Asset Management Inc., Strs Ohio, Envestnet Asset Management Inc., UBS Group AG, and Atlas Capital Advisors LLC.

Which institutional investors are buying Shinhan Financial Group stock?

SHG stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Morgan Stanley, BlackRock Inc., Parametric Portfolio Associates LLC, Brinker Capital Inc., JustInvest LLC, Natixis Advisors L.P., and Thomas White International Ltd..

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 $23.08.

How big of a company is Shinhan Financial Group?

Shinhan Financial Group has a market capitalization of $10.86 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 82-2-6360-3000 or via email at [email protected]

This page was last updated on 5/24/2020 by MarketBeat.com Staff

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