How to Buy Shinhan Financial Group Co Stock
Shinhan Financial Group Co Ltd
Shinhan Financial Group Co is a bank company located in Republic Of Korea, which is part of the Financial Services sector, and is traded under the ticker SHG on the NYSE exchange.
Shinhan Financial Group Co stock last closed at $35.88, up 1.79% from the previous day, and has increased 28.74% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.08 percentage points. Shinhan Financial Group Co stock is currently +32.45% from its 52-week low of $27.09, and -22.08% from its 52-week high of $46.05.
There are currently 512.76M shares of SHG outstanding. The market cap of SHG is $18.40B. In the past 24 hours, 198,122 SHG shares were traded.
How to Buy Shinhan Financial Group Co Stock
Not sure how to invest in Shinhan Financial Group Co stock? Here's how.
- Figure out where to buy Shinhan Financial Group Co stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Shinhan Financial Group Co stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Choose your method of payment and add your details.
- Analyze Shinhan Financial Group Co stock: The Shinhan Financial Group Co ticker symbol is SHG. Is Shinhan Financial Group Co stock a good investment? Should you buy shares of SHG? How do SHG's underlying business fundamentals look? Do top analysts think Shinhan Financial Group Co is a good buy? Why has SHG's stock price moved recently? (Hint: Our stock research tools can help you figure out if SHG is a good stock to buy).
- Make your SHG buy order: Decide if you will purchase SHG shares at the current market price or use a limit order to purchase SHG shares at a specific price.
- Get notifications regarding your investment in SHG: Create a watchlist to get live updates on your investment in Shinhan Financial Group Co shares.
Step 1: Figure out where to buy Shinhan Financial Group Co stock
You will need an online brokerage account to access the NYSE market and buy SHG shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal information so you can buy SHG stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open a new brokerage account.
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Step 3: Put funds into your investment account
Now that you've created your account on a good online stock trading app, your next step is to transfer the money for your investment:
Check out the walkthrough below for more details transferring funds into your new brokerage account.
Step 4: Analyze Shinhan Financial Group Co stock
After you have figured out the best place to buy Shinhan Financial Group Co stock, it's critical to analyze their stock prior to investing, so you actually understand the risk and upside.
Shinhan Financial Group Co Numbers
SHG Fundamentals
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on SHG's stock page.
How is SHG stock valued?
You can use many financial metrics, analyses, models, and charts to gauge SHG's fair value.
Using relative valuations metrics:
- SHG may be undervalued based on its P/E ratio of 6.16x, relative to Banks - Regional industry P/E ratio of 35.82x
- SHG may be undervalued based on its P/B ratio of 0.47x, relative to Banks - Regional industry P/B ratio of 1.17x
- SHG may be undervalued based on its PEG ratio of 0.89x
You can do additional valuation analysis on SHG's stock here.
A quick look at SHG Financials
Passed Health Checks:
- SHG earnings of $4.23B is not enough to cover its interest payments.
- Total SHG debt is lower than 5 years ago, relative to shareholder equity.
Failed Health Checks:
- SHG's operating cash flow of $383.22M allows it to safely service it's debt of $100.15B.
- SHG profit margin has gone down from 28.3% to 24% in the past year.
- SHG has a relatively high debt to equity ratio of 11.83.
You can dig deeper into what analysts are forecasting on the Shinhan Financial Group Co stock forecast page.
SHG Momentum
SHG Performance Numbers
Last year, SHG earnings were $3.16B. Over the past five year, SHG's earnings have grown by 1% per year. This was slower than the Banks - Regional industry average of 29.87%.
Last year, SHG revenue was $13.16B. During the last five year, SHG's revenue has increased by -0.8% per year. This was slower than the Banks - Regional industry average of 15.38%.
Dive into SHG's earnings and revenue performance here.
Are SHG insiders buying or selling the stock?
Over the last year, executives and large shareholders at SHG have not bought or sold any shares.
Get more info about who owns SHG shares here.
Can I get consistent income from SHG stock?
Shinhan Financial Group Co pays a dividend of 2.18%, compared to the Banks - Regional industry's average dividend yield of 2.8%. If you owned $1,000 worth of SHG stock, you would have received $21.82 in the past year.
Shinhan Financial Group Co dividend payments have not consistently grown over the past decade and have not remained stable.
Get more data about Shinhan Financial Group Co dividend yield and history here.
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Step 5: Make your SHG buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount, use a limit order.
Click the Open Trade button and eToro will place your order.
If you want more info about buying stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your investment in SHG
Now that you own some SHG shares, you'll want to keep up with your stock purchase.
Put SHG on a watchlist to get the latest updates about your SHG stock.
SHG Feed
How to Buy Stock in Shinhan Financial Group Co
To reiterate, here are the 6 steps you need to take to buy Shinhan Financial Group Co stock right now:
- Figure out where to buy Shinhan Financial Group Co stock
- Create a brokerage account
- Put funds into your investment account
- Analyze Shinhan Financial Group Co stock
- Make your SHG buy order
- Get notifications regarding your investment in SHG
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to track your new investment in Shinhan Financial Group Co, click below.
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