NYSE:WF

Woori Financial Group (WF) Stock Forecast, Price & News

$28.01

+0.22 (+0.79%)

(As of 09/22/2023 ET)

Compare

Today's Range: $27.90
▼
$28.24
50-Day Range: $25.04
▼
$28.56
52-Week Range: $22.18
▼
$33.09

Volume: 31,094 shs
Average Volume: 34,388 shs
Market Capitalization: $7.10 billion

P/E Ratio: 3.22
Dividend Yield: 2.28%
Price Target: $31.15

Woori Financial Group MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 11.2% Upside
$31.15 Price Target
Short Interest: Healthy
0.03% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 10.27%
From $8.47 to $9.34 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.40 out of 5 stars

Finance Sector

422nd out of 842 stocks

Commercial Banks, Not Elsewhere Classified Industry

12th out of 26 stocks

2.0

Analyst's Opinion

Consensus Rating
Woori Financial Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $31.15, Woori Financial Group has a forecasted upside of 11.2% from its current price of $28.01.
Amount of Analyst Coverage
Woori Financial Group has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.03% of the outstanding shares of Woori Financial Group have been sold short.
Short Interest Ratio / Days to Cover
Woori Financial Group has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Woori Financial Group has recently decreased by 40.75%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
Woori Financial Group pays a meaningful dividend of 2.27%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Woori Financial Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Woori Financial Group is 7.35%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Woori Financial Group will have a dividend payout ratio of 6.85% next year. This indicates that Woori Financial Group will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for WF.

1.9

News and Social Media Coverage

News Sentiment
Woori Financial Group has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.72 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Woori Financial Group this week, compared to 0 articles on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Woori Financial Group insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 1.77% of the stock of Woori Financial Group is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Woori Financial Group are expected to grow by 10.27% in the coming year, from $8.47 to $9.34 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Woori Financial Group is 3.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.01.
Price to Earnings Ratio vs. Sector
The P/E ratio of Woori Financial Group is 3.22, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 66.69.
Price to Earnings Growth Ratio
Woori Financial Group has a PEG Ratio of 2.67. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Woori Financial Group has a P/B Ratio of 0.27. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Woori Financial Group (NYSE:WF) Stock

Woori Financial Group Inc., together with its subsidiaries, operates as a commercial bank that provides a range of financial services to individual, business, and institutional customers in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments. The company offers savings, demand, and installment deposits; time deposits, certificates of deposit, and repurchase instruments; and working capital, facilities, general purpose household, mortgage, and home equity loans. It also offers debit and credit cards, cash services, card loans, and related services; lease financing; and securities operation, sale of financial instruments, project financing, and other related solutions. In addition, the company provides credit purchase, cash advance, credit card loans, foreign exchange services and dealing, import and export-related services, offshore lending, syndicated loans and foreign currency securities investment, investment trust products, bancassurance, and private equity funds. Further, it is involved in the real estate, system software development and maintenance, financing, credit information, securities investment and trading, derivatives trading, asset securitization, investment and international banking, money transfer, and other service. Additionally, the company offers automated telephone, Internet, and mobile banking services; and trust management, trustee, and custodian service. Woori Financial Group Inc. was founded in 1899 and is headquartered in Seoul, South Korea.

WF Price History

30 days | 90 days | 365 days | Advanced Chart

WF Stock News Headlines

September 22, 2023 | americanbankingnews.com

Woori Financial Group (NYSE:WF) Share Price Crosses Above 200-Day Moving Average of $26.80

September 10, 2023 | fool.com

Woori Financial Group (NYSE: WF)

September 24, 2023 | Chaikin Analytics (Ad)

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August 8, 2023 | msn.com

Woori Financial: It's All About Dividends

July 17, 2023 | stocknews.com

3 Bank Stocks Investors Should Start Paying Attention To

July 7, 2023 | msn.com

Technology Sector Supports Asian Equities Traded in the US as American Depositary Receipts Friday

June 30, 2023 | sg.finance.yahoo.com

WF - Woori Financial Group Inc.

June 1, 2023 | seekingalpha.com

Woori Financial: Watch Capital Adequacy And Capital Allocation

September 24, 2023 | The Oxford Club (Ad)

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May 15, 2023 | msn.com

Sungjae Im flying to Korea in between Quail Hollow and the PGA to win a golf tournament is as baller as it gets

April 24, 2023 | markets.businessinsider.com

Bank of America Securities Remains a Hold on Woori Finance Holdings Co (WF)

April 4, 2023 | finance.yahoo.com

Finhaven signs an MOU with Woori FIS to license its Security Token Platform to Companies in South Korea

March 21, 2023 | seekingalpha.com

Woori Financial: Recent Developments Send Mixed Signals (Rating Downgrade)

February 10, 2023 | finance.yahoo.com

Woori Financial Group Inc. (NYSE:WF) Q4 2022 Earnings Call Transcript

January 25, 2023 | seekingalpha.com

WF Woori Financial Group Inc.

January 14, 2023 | forbes.com

Wells Fargo Is Backing Out Of The Mortgage Market - What Does It Mean For Homebuyers?

January 14, 2023 | nypost.com

Wells Fargo cutting back on mortgages, will focus on lending to ‘minorities’

January 12, 2023 | nasdaq.com

Wells Fargo labors under $100 billion sin discount

November 11, 2022 | uk.finance.yahoo.com

Woori Financial Group Inc. (WF)

October 27, 2022 | seekingalpha.com

Woori Financial: It's All About Valuations

October 17, 2022 | ft.com

Wells Fargo books more losses tied to fake accounts scandal

October 14, 2022 | investing.com

Woori Finance Indonesia Tbk PT (BPFI)

October 13, 2022 | investing.com

Bank Woori Saudara Indonesia 1906 (SDRA)

September 30, 2022 | money.usnews.com

Woori Financial Group Inc - ADR

August 10, 2022 | seekingalpha.com

Woori Financial: 98% Net Income Growth YoY, Yet Trading At P/B Of 0.33

July 13, 2022 | finance.yahoo.com

Twitter stock surges on hopes of salvaging Musk deal, advertisers slash Facebook spending

June 14, 2022 | morningstar.com

Woori Financial Group Inc ADR - Stock Chart

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WF Company Calendar

Last Earnings: 8/15/2023
Today: 9/24/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Commercial banks, not elsewhere classified
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:WF
CUSIP: N/A
CIK: 1264136
Web: www.wooribank.com
Phone: (222) 125-2337
Fax: 82-0505001-0451
Employees: 97
Year Founded: 1899

Price Target and Rating

Average Stock Price Forecast: $31.15
High Stock Price Forecast: $31.15
Low Stock Price Forecast: $31.15
Forecasted Upside/Downside: +11.2%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $8.71
Trailing P/E Ratio: 3.22
Forward P/E Ratio: 3.31
P/E Growth: 2.67
Net Income: $2.53 billion
Net Margins: 14.20%
Pretax Margin: 21.69%
Return on Equity: 8.86%
Return on Assets: 0.58%

Debt

Debt-to-Equity Ratio: 0.93
Current Ratio: 1.07
Quick Ratio: 1.07

Sales & Book Value

Annual Sales: $13.59 billion
Price / Sales: 0.52
Cash Flow: $13.15 per share
Price / Cash Flow: 2.13
Book Value: $103.41 per share
Price / Book: 0.27

Miscellaneous

Outstanding Shares: 253,510,000
Free Float: 253,512,000
Market Cap: $7.10 billion
Optionable: Not Optionable
Beta: 0.92

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Key Executives

Mr. Jong-Yong Yim (Age 64)
Pres, CEO & Exec. Chairman

Mr. Sung-Wook Lee (Age 58)
Sr. Exec. VP of Fin. Section

Mr. Hwa Jeon Jae (Age 55)
Deputy MD & Compliance Officer

Mr. Tae-Joong Ha (Age 64)
Exec. VP of Corp. Banking Bus. Group

Mr. Chai-Pong Cheong (Age 64)
Exec. VP of Bus. Promotion Unit/Retail Banking Bus. Group

Mr. Su Hyeong Cho
Deputy Exec. VP of Consumer & Brand Group

Ms. Jong Sook Jeong
Deputy Exec. VP of Wealth Management Group

Mr. Jong Deuk Kim
Deputy Exec. VP of Financial Market Bus. Group

Cheol-soo Kim
Chief of Department

Mi-Young Shin
Head of Assistant

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

WF Stock - Frequently Asked Questions

Should I buy or sell Woori Financial Group stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Woori Financial Group in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" WF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WF, but not buy additional shares or sell existing shares.
View WF analyst ratings or view top-rated stocks.
What is Woori Financial Group's stock price forecast for 2023?: 2 equities research analysts have issued 12-month price targets for Woori Financial Group's stock. Their WF share price forecasts range from $31.15 to $31.15. On average, they predict the company's stock price to reach $31.15 in the next year. This suggests a possible upside of 11.2% from the stock's current price.
View analysts price targets for WF or view top-rated stocks among Wall Street analysts.
How have WF shares performed in 2023?: Woori Financial Group's stock was trading at $27.53 at the start of the year. Since then, WF stock has increased by 1.7% and is now trading at $28.01.
View the best growth stocks for 2023 here.
Are investors shorting Woori Financial Group?: Woori Financial Group saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 78,500 shares, a decline of 40.8% from the August 15th total of 132,500 shares. Based on an average daily trading volume, of 44,500 shares, the short-interest ratio is presently 1.8 days.
View Woori Financial Group's Short Interest.
When is Woori Financial Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our WF earnings forecast.
How were Woori Financial Group's earnings last quarter?: Woori Financial Group Inc. (NYSE:WF) posted its earnings results on Tuesday, August, 15th. The bank reported $1.86 earnings per share (EPS) for the quarter. The bank had revenue of $2.16 billion for the quarter. Woori Financial Group had a net margin of 14.20% and a trailing twelve-month return on equity of 8.86%.
Is Woori Financial Group a good dividend stock?: Woori Financial Group (NYSE:WF) pays an annual dividend of $0.64 per share and currently has a dividend yield of 2.27%. The dividend payout ratio is 7.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WF will have a dividend payout ratio of 6.85% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WF.

What is Pal-Seung Lee's approval rating as Woori Financial Group's CEO?: 1 employees have rated Woori Financial Group Chief Executive Officer Pal-Seung Lee on Glassdoor.com. Pal-Seung Lee has an approval rating of 100% among the company's employees. This puts Pal-Seung Lee in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Woori Financial Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Woori Financial Group investors own include Boeing (BA), Walt Disney (DIS), Pfizer (PFE), Verizon Communications (VZ), Wells Fargo & Company (WFC), Carnival Co. & (CCL), GSK (GSK), United Airlines (UAL), Apple Hospitality REIT (APLE) and Chevron (CVX).
What is Woori Financial Group's stock symbol?: Woori Financial Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "WF."
Who are Woori Financial Group's major shareholders?: Woori Financial Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (0.61%), O Shaughnessy Asset Management LLC (0.03%), Vanguard Personalized Indexing Management LLC (0.02%), Rhumbline Advisers (0.02%), Creative Planning (0.02%) and Victory Capital Management Inc. (0.02%).
How do I buy shares of Woori Financial Group?: Shares of WF stock 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.
Compare Top Brokerages Here.
What is Woori Financial Group's stock price today?: One share of WF stock can currently be purchased for approximately $28.01.
How much money does Woori Financial Group make?: Woori Financial Group (NYSE:WF) has a market capitalization of $7.10 billion and generates $13.59 billion in revenue each year. The bank earns $2.53 billion in net income (profit) each year or $8.71 on an earnings per share basis.
How can I contact Woori Financial Group?: Woori Financial Group's mailing address is 51 SOGONG-RO JUNG-GU, Seoul M5, 04632. The official website for the company is www.wooribank.com. The bank can be reached via phone at (222) 125-2337 or via fax at 82-0505001-0451.

This page (NYSE:WF) was last updated on 9/24/2023 by MarketBeat.com Staff

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