Shinhan Financial Group: Awaiting Announcement Of New Capital Return Policy [Seeking Alpha]
Shinhan Financial Group Co Ltd American Depositary Shares (SHG)
US:NYSE Investor Relations:
shinhangroup.co.kr/en/invest/main.jsp
Company Research
Source: Seeking Alpha
SummaryThe announcement of Shinhan Financial's new capital return policy has been deferred due to uncertainty brought about by the coronavirus pandemic.Asset quality is an area of concern, especially in relation to Shinhan Financial's credit card subsidiary, Shinhan Card.Shinhan Financial trades at 0.44 times P/B and 5.7 times consensus forward next twelve months' P/E, and it offers a consensus forward FY2020 dividend yield of 4.8%.Elevator PitchI maintain a Neutral rating to Korea-listed financial services company Shinhan Financial Group Co., Ltd. (NYSE:SHGThe announcement of Shinhan Financial's new capital return policy has been deferred due to uncertainty brought about by the coronavirus pandemic. Looking ahead, Shinhan Financial's new capital return policy will be a key re-rating catalyst for the stock. The new policy could potentially suggest an increase in dividend payout ratio and provide more details on the quantum and timing of share buyback and cancellation.On the other hand
Show less
Read more
Impact Snapshot
Event Time:
SHG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SHG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SHG alerts
High impacting Shinhan Financial Group Co Ltd American Depositary Shares news events
Weekly update
A roundup of the hottest topics
SHG
News
- Shinhan Financial Group files its FY2023 Form 20-F to the SECPR Newswire
- EQT AB (publ) Q1 Announcement 2024 [Yahoo! Finance]Yahoo! Finance
- Shinhan Financial Group Co., Ltd. (NYSE: SHG) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Rupee Drops to Record Low as Dollar Strength Weighs on Sentiment [BNN Bloomberg (Canada)]BNN Bloomberg
- Is Shinhan Financial Group Co (SHG) Stock Undervalued Right Now? [Yahoo! Finance]Yahoo! Finance
SHG
Sec Filings
- 4/19/24 - Form 6-K
- 4/18/24 - Form 20-F
- 4/18/24 - Form 6-K
- SHG's page on the SEC website