[Special Stock] Samsung Securities Hits 52-Week High on Expectations of Active Shareholder Returns

The stock price of Samsung Securities is on the rise. Expectations for active shareholder returns based on stable profits seem to be influencing the stock price.

As of 2:20 PM on the 11th, Samsung Securities is trading at 44,200 KRW, up 2.31% from the previous day. During the session, it rose to 44,500 KRW, marking a 52-week high.

Kim In, a researcher at BNK Investment & Securities, stated, "Stable profits are expected due to strengthened retail-focused sales and risk management based on high customer loyalty." He added, "Considering the expected profit recovery in the first half of the year and the possibility of a base interest rate cut in the second half, all sectors' performance improvements will continue, leading to a more than 50% significant increase in controlling shareholder net profit compared to the same period last year."

Kim also noted, "With the shareholder return policy announcement scheduled for the second half, even reflecting only the dividend payout ratio exceeding 35% since 2018, a dividend yield exceeding 7% is expected." He added, "Despite upward revisions in this year's profits and a high return on equity (ROE) of 11.4%, along with expectations for active shareholder returns, the price-to-book ratio (PBR) is only 0.5 times, and the price-to-earnings ratio (PER) is just 4.6 times."