Should I buy or sell Shinhan Financial Group stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shinhan Financial Group in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate 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 shares have decreased by 4.7% and is now trading at $29.34. View the best growth stocks for 2024 here .

Are investors shorting Shinhan Financial Group?

Shinhan Financial Group saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 437,800 shares, an increase of 132.4% from the March 15th total of 188,400 shares. Based on an average daily volume of 142,000 shares, the short-interest ratio is currently 3.1 days. Currently, 0.1% of the shares of the stock are sold short. 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, April 25th 2024. View our SHG earnings forecast .

How often does Shinhan Financial Group pay dividends? What is the dividend yield for Shinhan Financial Group?

Shinhan Financial Group declared a quarterly dividend on Wednesday, February 14th. Stockholders 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 annualized dividend and a yield of 5.39%. 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 $1.23 per share and currently has a dividend yield of 4.09%. SHG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 21.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHG will have a dividend payout ratio of 20.50% 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?

ETFs with the largest weight of Shinhan Financial Group (NYSE:SHG) stock in their portfolio include Avantis Emerging Markets Value ETF (AVES) and Avantis Responsible Emerging Markets Equity ETF (AVSE) . Avantis Emerging Markets Equity ETF (AVEM) .

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 investors include Ballentine Partners LLC (0.01%), DGS Capital Management LLC (0.00%), Aprio Wealth Management LLC (0.00%), Atlas Capital Advisors LLC (0.00%), Confluence Investment Management LLC (0.00%) and First Affirmative Financial Network (0.00%).

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 .

NYSE:SHG

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

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Free SHG Stock Alerts

$29.34

-0.14 (-0.47%)

(As of 04/17/2024 ET)

Compare

Today's Range: $29.25
▼
$29.58
50-Day Range: $29.34
▼
$37.94
52-Week Range: $24.99
▼
$38.65

Volume: 101,592 shs
Average Volume: 146,711 shs
Market Capitalization: $14.95 billion

P/E Ratio: 5.02
Dividend Yield: 4.19%
Price Target: N/A

Get Shinhan Financial Group alerts:

Shinhan Financial Group MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.09% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.81
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -1.96%
From $6.12 to $6.00 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.

3.35 out of 5 stars

Finance Sector

488th out of 819 stocks

National Commercial Banks Industry

59th out of 81 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Shinhan Financial Group.

3.0

Short Interest

Percentage of Shares Shorted
0.09% of the float of Shinhan Financial Group has been sold short.
Short Interest Ratio / Days to Cover
Shinhan Financial Group has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Shinhan Financial Group has recently increased by 132.38%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Leadership
Shinhan Financial Group is a leading dividend payer. It pays a dividend yield of 4.09%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Shinhan Financial Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Shinhan Financial Group is 21.06%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Shinhan Financial Group will have a dividend payout ratio of 20.50% next year. This indicates that Shinhan 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 SHG.

3.2

News and Social Media Coverage

News Sentiment
Shinhan Financial Group has a news sentiment score of 0.81. 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 higher news sentiment than the 0.53 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Shinhan Financial Group this week, compared to 1 article on an average week.
Search Interest
Only 2 people have searched for SHG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
6 people have added Shinhan Financial Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Shinhan Financial Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of Shinhan Financial Group is held by insiders.
Percentage Held by Institutions
Only 7.76% of the stock of Shinhan Financial Group is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Shinhan Financial Group are expected to decrease by -1.96% in the coming year, from $6.12 to $6.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Shinhan Financial Group is 5.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.07.
Price to Earnings Ratio vs. Sector
The P/E ratio of Shinhan Financial Group is 5.02, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.65.
Price to Earnings Growth Ratio
Shinhan Financial Group has a PEG Ratio of 0.61. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Shinhan Financial Group has a P/B Ratio of 0.33. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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, Life 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; 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 capital, 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. Shinhan Financial Group Co., Ltd. was founded in 1982 and is headquartered in Seoul, South Korea.

SHG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SHG Stock News Headlines

April 14, 2024 | americanbankingnews.com

Shinhan Financial Group (NYSE:SHG) Shares Gap Down to $31.80

April 12, 2024 | americanbankingnews.com

Shinhan Financial Group (NYSE:SHG) Sees Strong Trading Volume

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April 9, 2024 | seekingalpha.com

SHG Shinhan Financial Group Co., Ltd.

March 17, 2024 | finance.yahoo.com

SHG Sep 2024 25.000 put

February 21, 2024 | finance.yahoo.com

Shinhan Financial Group Co Ltd's Dividend Analysis

February 16, 2024 | wsj.com

Shinhan Financial Group Co. Ltd. ADR

February 8, 2024 | finance.yahoo.com

With $1 Billion Risky US Property Bet, Korea’s No. 2 Financial Firm Says It Has Buffer

April 18, 2024 | Gold Safe Exchange (Ad)

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February 8, 2024 | finance.yahoo.com

With $1 Billion Risky US Property Bet, Korea’s No. 2 Financial Firm Says It Has Buffer

February 8, 2024 | finance.yahoo.com

Korea’s No. 2 Financial Firm Says Short Selling Ban Likely to Be Lifted by First Half

February 3, 2024 | morningstar.com

Shinhan Financial Group Co Ltd ADR SHG

January 16, 2024 | msn.com

Korean banks Shinhan, Woori raised to Buy at BofA on export recovery

December 26, 2023 | seekingalpha.com

Korea Fund: Accumulate On Stronger Export Data

October 27, 2023 | seekingalpha.com

Shinhan Financial Group Co., Ltd. 2023 Q3 - Results - Earnings Call Presentation

October 6, 2023 | seekingalpha.com

Shinhan Financial: Mixed Prospects, Fair Valuation

September 18, 2023 | finance.yahoo.com

Why Shinhan Financial (SHG) is a Top Dividend Stock for Your Portfolio

August 31, 2023 | finance.yahoo.com

Shinhan Financial (SHG) Could Be a Great Choice

August 11, 2023 | finance.yahoo.com

All You Need to Know About Shinhan Financial (SHG) Rating Upgrade to Strong Buy

July 29, 2023 | seekingalpha.com

Shinhan Financial Group Co., Ltd. 2023 Q2 - Results - Earnings Call Presentation

July 28, 2023 | seekingalpha.com

Shinhan Financial: Focus On Earnings Miss And Shareholder Return

July 27, 2023 | msn.com

Shinhan Financial reports Q2 results

May 24, 2023 | finance.yahoo.com

South Korea asset manager blames BNP AM joint venture for slow ETF start

April 21, 2023 | benzinga.com

Shinhan Financial Group files its FY2022 Form 20-F to the SEC

April 11, 2023 | forbes.com

Shinhan Financial Group

March 4, 2023 | seekingalpha.com

Shinhan Financial: Shareholder Capital Return Improvement Is Key Catalyst

February 27, 2023 | finance.yahoo.com

Best Value Stocks to Buy for February 27th

See More Headlines

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Company Calendar

Ex-Dividend for 2/22 Dividend: 2/22/2024
Dividend Payable: 2/22/2024
Today: 4/17/2024
Next Earnings (Estimated): 4/25/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: National commercial banks
Sub-Industry: N/A
Current Symbol: NYSE:SHG
CUSIP: N/A
CIK: 1263043
Web: www.shinhangroup.com
Phone: (226) 360-3000
Fax: 82-2-6360-3098
Employees: 2,020
Year Founded: 1982

Profitability

EPS (Most Recent Fiscal Year): $5.84
Trailing P/E Ratio: 5.02
Forward P/E Ratio: 4.79
P/E Growth: 0.61
Net Income: $3.49 billion
Net Margins: 13.12%
Pretax Margin: 17.69%
Return on Equity: 7.57%
Return on Assets: 0.62%

Debt

Debt-to-Equity Ratio: 1.45
Current Ratio: 1.02
Quick Ratio: 1.01

Sales & Book Value

Annual Sales: $26.97 billion
Price / Sales: 0.55
Cash Flow: $8.65 per share
Price / Cash Flow: 3.39
Book Value: $87.87 per share
Price / Book: 0.33

Miscellaneous

Outstanding Shares: 509,390,000
Free Float: 504,299,000
Market Cap: $14.95 billion
Optionable: Optionable
Beta: 0.91

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Key Executives

Mr. Ok-Dong Jin (Age 63)
CEO & Executive Director
Comp: $489.64k
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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

SHG Stock Analysis - Frequently Asked Questions

Should I buy or sell Shinhan Financial Group stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shinhan Financial Group in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate 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 shares have decreased by 4.7% and is now trading at $29.34.
View the best growth stocks for 2024 here.
Are investors shorting Shinhan Financial Group?: Shinhan Financial Group saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 437,800 shares, an increase of 132.4% from the March 15th total of 188,400 shares. Based on an average daily volume of 142,000 shares, the short-interest ratio is currently 3.1 days. Currently, 0.1% of the shares of the stock are sold short.
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, April 25th 2024.
View our SHG earnings forecast.
How often does Shinhan Financial Group pay dividends? What is the dividend yield for Shinhan Financial Group?: Shinhan Financial Group declared a quarterly dividend on Wednesday, February 14th. Stockholders 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 annualized dividend and a yield of 5.39%. 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 $1.23 per share and currently has a dividend yield of 4.09%. SHG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 21.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHG will have a dividend payout ratio of 20.50% 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?: ETFs with the largest weight of Shinhan Financial Group (NYSE:SHG) stock in their portfolio include Avantis Emerging Markets Value ETF (AVES) and Avantis Responsible Emerging Markets Equity ETF (AVSE).Avantis Emerging Markets Equity ETF (AVEM).
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 investors include Ballentine Partners LLC (0.01%), DGS Capital Management LLC (0.00%), Aprio Wealth Management LLC (0.00%), Atlas Capital Advisors LLC (0.00%), Confluence Investment Management LLC (0.00%) and First Affirmative Financial Network (0.00%).
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 4/18/2024 by MarketBeat.com Staff

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

Shinhan Financial Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Shinhan Financial Group Stock (NYSE:SHG)

SHG Stock Price History

SHG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

SHG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™