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How to buy Shinhan Financial Group CoLtd (SHG) stock

Learn how to easily invest in Shinhan Financial Group CoLtd stock.

Shinhan Financial Group Co., Ltd
NYSE: SHG - USD
BANKS-REGIONAL
$0
-

Shinhan Financial Group Co., Ltd is a banks-regional business based in the US. Shinhan Financial Group CoLtd shares (SHG) are listed on the NYSE and all prices are listed in US Dollars. Shinhan Financial Group CoLtd employs 170 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Shinhan Financial Group CoLtd

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – SHG – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Shinhan Financial Group CoLtd stock price (NYSE: SHG)

Use our graph to track the performance of SHG stocks over time.

Shinhan Financial Group CoLtd shares at a glance

Information last updated 2021-07-23.
Latest market close$38.14
52-week range$21.76 - $39.17
50-day moving average $35.75
200-day moving average $33.24
Wall St. target price$44.00
PE ratio 5.4359
Dividend yield $1500 (4.93%)
Earnings per share (TTM) $6.09

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Shinhan Financial Group CoLtd stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Shinhan Financial Group CoLtd price performance over time

Historical closes compared with the close of $38.14 from 2021-05-28

1 week (2021-07-15) N/A
1 month (2021-06-25) 3.25%
3 months (2021-04-26) 10.07%
6 months (2021-01-22) N/A
1 year (2020-07-22) N/A
2 years (2019-07-22) N/A
3 years (2018-07-22) N/A
5 years (2016-07-22) N/A

Is Shinhan Financial Group CoLtd under- or over-valued?

Valuing Shinhan Financial Group CoLtd stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Shinhan Financial Group CoLtd's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Shinhan Financial Group CoLtd's P/E ratio

Shinhan Financial Group CoLtd's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, Shinhan Financial Group CoLtd shares trade at around 5x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Shinhan Financial Group CoLtd's PEG ratio

Shinhan Financial Group CoLtd's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.0294. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Shinhan Financial Group CoLtd's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Shinhan Financial Group CoLtd financials

Revenue TTM $12,176.2 billion
Operating margin TTM 44.62%
Gross profit TTM $11,590.8 billion
Return on assets TTM 0.63%
Return on equity TTM 8.49%
Profit margin 30.18%
Book value $85,458.13
Market capitalisation $17.2 billion

TTM: trailing 12 months

Shorting Shinhan Financial Group CoLtd shares

There are currently 321,435 Shinhan Financial Group CoLtd shares held short by investors – that's known as Shinhan Financial Group CoLtd's "short interest". This figure is 36.3% down from 504,374 last month.

There are a few different ways that this level of interest in shorting Shinhan Financial Group CoLtd shares can be evaluated.

Shinhan Financial Group CoLtd's "short interest ratio" (SIR)

Shinhan Financial Group CoLtd's "short interest ratio" (SIR) is the quantity of Shinhan Financial Group CoLtd shares currently shorted divided by the average quantity of Shinhan Financial Group CoLtd shares traded daily (recently around 137954.93562232). Shinhan Financial Group CoLtd's SIR currently stands at 2.33. In other words for every 100,000 Shinhan Financial Group CoLtd shares traded daily on the market, roughly 2330 shares are currently held short.

However Shinhan Financial Group CoLtd's short interest can also be evaluated against the total number of Shinhan Financial Group CoLtd shares, or, against the total number of tradable Shinhan Financial Group CoLtd shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Shinhan Financial Group CoLtd's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Shinhan Financial Group CoLtd shares in existence, roughly 0 shares are currently held short) or 0.0007% of the tradable shares (for every 100,000 tradable Shinhan Financial Group CoLtd shares, roughly 1 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Shinhan Financial Group CoLtd.

Find out more about how you can short Shinhan Financial Group CoLtd stock.

Shinhan Financial Group CoLtd share dividends

29%

Dividend payout ratio: 28.59% of net profits

Recently Shinhan Financial Group CoLtd has paid out, on average, around 28.59% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.93% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Shinhan Financial Group CoLtd shareholders could enjoy a 4.93% return on their shares, in the form of dividend payments. In Shinhan Financial Group CoLtd's case, that would currently equate to about $1500 per share.

While Shinhan Financial Group CoLtd's payout ratio might seem fairly standard, it's worth remembering that Shinhan Financial Group CoLtd may be investing much of the rest of its net profits in future growth.

Shinhan Financial Group CoLtd's most recent dividend payout was on 16 April 2017. The latest dividend was paid out to all shareholders who bought their shares by 29 December 2019 (the "ex-dividend date").

Have Shinhan Financial Group CoLtd's shares ever split?

Shinhan Financial Group CoLtd's shares were split on a 2:1 basis on 14 October 2012. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Shinhan Financial Group CoLtd shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Shinhan Financial Group CoLtd shares which in turn could have impacted Shinhan Financial Group CoLtd's share price.

Shinhan Financial Group CoLtd share price volatility

Over the last 12 months, Shinhan Financial Group CoLtd's shares have ranged in value from as little as $21.7605 up to $39.17. A popular way to gauge a stock's volatility is its "beta".

SHG.US volatility(beta: 0.69)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Shinhan Financial Group CoLtd's is 0.6865. This would suggest that Shinhan Financial Group CoLtd's shares are less volatile than average (for this exchange).

Shinhan Financial Group CoLtd overview

Shinhan Financial Group Co. , Ltd. provides financial products and services in South Korea and internationally. The company operates through five segments: Banking, Credit Card, Securities, Life Insurance, 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.

Frequently asked questions

What percentage of Shinhan Financial Group CoLtd is owned by institutions?
Currently 2.659% of Shinhan Financial Group CoLtd shares are held by institutions.
How many people work for Shinhan Financial Group CoLtd?
Latest data suggests 170 work at Shinhan Financial Group CoLtd.
When does the fiscal year end for Shinhan Financial Group CoLtd?
Shinhan Financial Group CoLtd's fiscal year ends in December.
Where is Shinhan Financial Group CoLtd based?
Shinhan Financial Group CoLtd's address is: 20, Sejong-daero 9-gil, Seoul, South Korea, 04513
What is Shinhan Financial Group CoLtd's ISIN number?
Shinhan Financial Group CoLtd's international securities identification number is: US8245961003
What is Shinhan Financial Group CoLtd's CUSIP number?
Shinhan Financial Group CoLtd's Committee on Uniform Securities Identification Procedures number is: 824596100

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