Woori Financial Group (WF) Stock Price, News & Analysis

Company Overview

Woori Financial Group Inc., a financial holding company, operates as a commercial bank that provides a range of financial products and services to individuals, corporations, and small- and medium-sized enterprises in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments. The company offers savings, demand, installment, and time deposits; certificates of deposit; repurchase instruments; and working capital, facilities, general purpose household, mortgage, and home equity loans. It also provides debit and credit cards, cash services, card loans, and related services; lease financing; and securities operation, sale of financial instruments, project financing, and other related solutions. In addition, the company offers credit purchase, cash advance, credit card loans, foreign exchange services and dealing, import and export-related services, offshore lending, syndicated loans and foreign currency securities investment, investment trust products, bancassurance, and private equity funds. Further, it is involved in the real estate trust, system software development and maintenance, financing, credit information, securities investment and trading, derivatives trading, trust, asset securitization, investment and international banking, money transfer, and other services. Additionally, the company offers automated telephone, internet, and mobile banking services; and trust management, trustee, and custodian services. Woori Financial Group Inc. was founded in 1899 and is headquartered in Seoul, South Korea.

Key Stats

• Today's Range: $36.06 to $36.68
• 50-Day Range: $32.32 to $37.80
• 52-Week Range: $26.16 to $38.05
• Volume: 38,886 shs
• Average Volume: 58,898 shs
• Market Capitalization: $8.96 billion
• P/E Ratio: 4.64
• Dividend Yield: 3.34%
• Price Target: N/A
• Consensus Rating: Buy

Woori Financial Group Stock Analysis - MarketRank™

Woori Financial Group scored higher than 89% of companies evaluated by MarketBeat, and ranked 144th out of 909 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Woori Financial Group.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 7.67%

Earnings Growth

Earnings for Woori Financial Group are expected to grow by 7.67% in the coming year, from $8.21 to $8.84 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Woori Financial Group is 4.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.82.

Price to Earnings Ratio vs. Sector

The P/E ratio of Woori Financial Group is 4.64, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.04.

Price to Earnings Growth Ratio

Woori Financial Group has a PEG Ratio of 0.44. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Woori Financial Group has a P/B Ratio of 0.35. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.02% of the outstanding shares of Woori Financial Group have been sold short.

Short Interest Ratio / Days to Cover

Woori Financial Group has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Woori Financial Group has recently decreased by 59.10%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Woori Financial Group pays a meaningful dividend of 3.28%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Woori Financial Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Woori Financial Group is 15.51%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Woori Financial Group will have a dividend payout ratio of 13.69% next year. This indicates that Woori Financial Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.02% of the outstanding shares of Woori Financial Group have been sold short.

Short Interest Ratio / Days to Cover

Woori Financial Group has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Woori Financial Group has recently decreased by 59.10%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.28

News Sentiment

Woori Financial Group has a news sentiment score of 0.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Woori Financial Group this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for WF on MarketBeat in the last 30 days. This is a decrease of -89% compared to the previous 30 days.

MarketBeat Follows

4 people have added Woori Financial Group to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Woori Financial Group insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 17.79% of the stock of Woori Financial Group is held by institutions.

WF Stock Analysis - Frequently Asked Questions

How have WF shares performed this year?

Woori Financial Group's stock was trading at $30.22 at the start of the year. Since then, WF shares have increased by 19.8% and is now trading at $36.20.
View the best growth stocks for 2024 here.

How were Woori Financial Group's earnings last quarter?

Woori Financial Group Inc. (NYSE:WF) posted its earnings results on Wednesday, August, 14th. The bank reported $2.53 EPS for the quarter, beating analysts' consensus estimates of $2.18 by $0.35. The bank earned $2.06 billion during the quarter. Woori Financial Group had a net margin of 11.48% and a trailing twelve-month return on equity of 7.86%.

Who are Woori Financial Group's major shareholders?

Top institutional investors of Woori Financial Group include Creative Planning (0.06%), Ritholtz Wealth Management (0.01%), Atomi Financial Group Inc. and Aprio Wealth Management LLC.

How do I buy shares of Woori Financial Group?

Shares of WF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Woori Financial Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Woori Financial Group investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), Jabil (JBL), e.l.f. Beauty (ELF), Meta Platforms (META) and Adobe (ADBE).

Company Calendar

• Last Earnings: 8/14/2024
• Today: 10/17/2024
• Next Earnings (Estimated): 11/12/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Commercial banks, not elsewhere classified
• Sub-Industry: Banking
• Current Symbol: NYSE:WF
• CUSIP: N/A
• CIK: 1264136
• Web: www.wooribank.com
• Phone: (222) 125-2337
• Fax: 82-0505001-0451
• Employees: 150
• Year Founded: 1899

Profitability

• EPS (Most Recent Fiscal Year): $7.80
• Trailing P/E Ratio: 4.64
• Forward P/E Ratio: 4.41
• P/E Growth: 0.44
• Net Income: $1.94 billion
• Net Margins: 11.48%
• Pretax Margin: 15.66%
• Return on Equity: 7.86%
• Return on Assets: 0.53%

Debt

• Debt-to-Equity Ratio: 0.86
• Current Ratio: 0.12
• Quick Ratio: 0.12

Sales & Book Value

• Annual Sales: $17.78 billion
• Price / Sales: 0.50
• Cash Flow: $10.49 per share
• Price / Cash Flow: 3.45
• Book Value: $103.21 per share
• Price / Book: 0.35

Miscellaneous

• Outstanding Shares: 247,530,000
• Free Float: 247,531,000
• Market Cap: $8.96 billion
• Optionable: Not Optionable
• Beta: 1.05