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 $30.49, up 0.63% from the previous day, and has increased 13.6% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.04 percentage points. Shinhan Financial Group Co stock is currently +22.01% from its 52-week low of $24.99, and -21.11% from its 52-week high of $38.65.
There are currently 512.76M shares of SHG outstanding. The market cap of SHG is $15.63B. In the past 24 hours, 59,007 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 5.24x, relative to Banks - Regional industry P/E ratio of -10.33x
- SHG may be undervalued based on its P/B ratio of 0.4x, relative to Banks - Regional industry P/B ratio of 0.97x
- SHG may be overvalued based on its PEG ratio of 7.18x
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.
SHG Technical Indicators
SHG Growth Numbers
Last year, SHG earnings were $3.16B. During the last five year, SHG's earnings have gone up by 1% per year. This was slower than the Banks - Regional industry average of 16.23%.
Last year, SHG revenue was $13.16B. During the past five year, SHG's revenue has increased by -0.8% per year. This was slower than the Banks - Regional industry average of 7.35%.
You can analyze SHG's earnings and revenue performance here.
Are SHG executives and large shareholders buying or selling the stock?
In the past year, executives and large shareholders at SHG have not bought or sold any shares.
Research more about who owns SHG stock here.
Can I rely on SHG as an income stream?
Shinhan Financial Group Co pays a dividend of 2.57%, compared to the Banks - Regional industry's average dividend yield of 3.89%. If you owned $1,000 of SHG stock, you would have received $25.68 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
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount, use a limit order.
Click the Open Trade button and your broker will execute the order.
If you want more help with buying stocks on eToro, watch 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 stay up-to-date on your new shares.
Put SHG on a watchlist to track your SHG stock.
SHG Feed
How to Buy Stock in Shinhan Financial Group Co
To summarize, here are the 6 steps to buy stock in Shinhan Financial Group Co:
- 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 brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Shinhan Financial Group Co, click below.
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