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Stock market today: World shares are mostly higher after S&P 500 sets another record
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Best Bear Market Funds: Top 3 Investment Options to Consider
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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
NYSE:SHG

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

$35.38
-0.83 (-2.29%)
(As of 03/27/2024 ET)
Today's Range
$34.82
$35.49
50-Day Range
$27.24
$37.94
52-Week Range
$24.99
$38.65
Volume
361,537 shs
Average Volume
126,696 shs
Market Capitalization
$18.14 billion
P/E Ratio
6.06
Dividend Yield
3.48%
Price Target
N/A

Shinhan Financial Group MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.04% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.07mentions of Shinhan Financial Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.41%
From $6.12 to $6.39 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.

4.50 out of 5 stars

Finance Sector

165th out of 844 stocks

National Commercial Banks Industry

23rd out of 82 stocks

SHG stock logo

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

SHG Stock News Headlines

SHG Sep 2024 25.000 put
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Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
Shinhan Financial Group Co Ltd's Dividend Analysis
Shinhan Financial Group Co. Ltd. ADR
the most reliable asset on earth is making a comeback
Global tensions have been pushing the price of gold to all time highs… Just recently, gold peaked at a record $2,000 (and is now closer to $2,200). And there’s something else critical at play right now in the world’s largest asset. Because of these critical factors, a lot of massive investment institutions are now pumping more money into gold. And as we speak, some are even calling for a massive rally in the precious metal.
Shinhan Financial Group Co Ltd ADR SHG
Korea Fund: Accumulate On Stronger Export Data
Shinhan Financial: Mixed Prospects, Fair Valuation
Shinhan Financial (SHG) Could Be a Great Choice
Shinhan Financial reports Q2 results
Shinhan Financial Group
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
3/28/2024
Next Earnings (Estimated)
4/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
N/A
Employees
2,020
Year Founded
1982

Profitability

Net Income
$3.49 billion
Pretax Margin
17.69%

Debt

Sales & Book Value

Annual Sales
$26.97 billion
Cash Flow
$8.63 per share
Book Value
$87.87 per share

Miscellaneous

Free Float
507,631,000
Market Cap
$18.14 billion
Optionable
Optionable
Beta
0.90
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Key Executives

  • Mr. Ok-Dong Jin (Age 63)
    CEO & Executive Director
  • 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

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 year. 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 on January 1st, 2024. Since then, SHG stock has increased by 15.0% and is now trading at $35.3850.
View the best growth stocks for 2024 here
.

Are investors shorting Shinhan Financial Group?

Shinhan Financial Group saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 188,400 shares, a drop of 53.0% from the February 29th total of 401,200 shares. Based on an average daily volume of 130,400 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.0% of the company's stock are short sold.
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 Monday, April 1st 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. Investors 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 dividend on an annualized basis and a yield of 4.47%. The ex-dividend date of this dividend 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 3.24%. 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 19.25% 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 retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (0.32%), Pzena Investment Management LLC (0.17%), Brandes Investment Partners LP (0.09%), Northern Trust Corp (0.06%), Sanders Capital LLC (0.03%) and Envestnet Asset Management Inc. (0.03%).

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 3/28/2024 by MarketBeat.com Staff

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