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 $35.98, up 1.64% from the previous day, and has increased 6.61% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.12 percentage points. Shinhan Financial Group Co stock is currently +25.1% from its 52-week low of $28.76, and -21.87% from its 52-week high of $46.05.
There are currently 503.45M shares of SHG outstanding. The market cap of SHG is $18.11B. In the past 24 hours, 175,331 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.
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- 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.
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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 6.09x, relative to Banks - Regional industry P/E ratio of 13.39x
- SHG may be undervalued based on its P/B ratio of 0.46x, relative to Banks - Regional industry P/B ratio of 1.13x
- SHG may be undervalued based on its PEG ratio of 0.4x
You can do additional valuation analysis on SHG's stock here.
A quick look at SHG Financials
Passed Health Checks:
- SHG profit margin has gone up from 24.3% to 24.4% in the past year.
- Total SHG debt is lower than 5 years ago, relative to shareholder equity.
- SHG earnings of $4.14B is not enough to cover its interest payments.
Failed Health Checks:
- SHG's operating cash flow of $3.24B allows it to safely service it's debt of $100.49B.
- SHG has a relatively high debt to equity ratio of 12.15.
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 $3.11B. Over the past five year, SHG's earnings have grown by -0.57% per year. This was slower than the Banks - Regional industry average of 18.45%.
Last year, SHG revenue was $12.74B. During the last five year, SHG's revenue has increased by -6.77% per year. This was slower than the Banks - Regional industry average of 10.26%.
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?
No, Shinhan Financial Group Co doesn't provide an income stream by paying out dividends.
What others are saying about SHG
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your SHG buy order
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount, place a limit order.
Press the Open Trade button and your broker will execute your order.
If you need more info about investing in stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your investment in SHG
Now that you own some shares in SHG, you'll want to keep up with your new investment.
Start a watchlist to track the latest developments regarding 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 are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to watch your investment in Shinhan Financial Group Co, create a watchlist on WallStreetZen today.
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