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NASDAQ:SHBI

Shore Bancshares (SHBI) Stock Price, News & Analysis

Shore Bancshares logo
$15.08 +0.01 (+0.06%)
As of 03:26 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Shore Bancshares Stock (NASDAQ:SHBI)

Key Stats

Today's Range
$14.97
$15.28
50-Day Range
$14.72
$16.75
52-Week Range
$10.06
$17.61
Volume
166,323 shs
Average Volume
151,905 shs
Market Capitalization
$502.54 million
P/E Ratio
11.34
Dividend Yield
3.18%
Price Target
$20.00
Consensus Rating
Moderate Buy

Company Overview

Shore Bancshares, Inc. operates as a bank holding company for the Shore United Bank, N.A. that provides various commercial and consumer banking products and services to individuals, businesses, and other organizations. It offers checking, savings, overnight investment sweep, and money market accounts; and regular and IRA certificates of deposit, as well as CDARS programs and cash management services. The company also provides commercial loans, such as secured and unsecured loans, working capital loans, lines of credit, term loans, accounts receivable financing, real estate acquisition and development loans, construction loans, and letters of credit; residential real estate construction loans; residential mortgage loans; and loans to consumers, including home equity, automobile, installment, home improvement, and personal lines of credit, as well as other consumer financing products. In addition, it offers trust, asset management, and financial planning services; treasury management services, such as merchant card processing, remote deposit capture, and ACH origination, as well as telephone, mobile, and Internet banking services; safe deposit boxes; debit and credit cards; and automatic teller machine services. Shore Bancshares, Inc. was founded in 1876 and is headquartered in Easton, Maryland.

Shore Bancshares Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
91st Percentile Overall Score

SHBI MarketRank™: 

Shore Bancshares scored higher than 91% of companies evaluated by MarketBeat, and ranked 145th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Shore Bancshares has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Shore Bancshares has only been the subject of 2 research reports in the past 90 days.

  • Read more about Shore Bancshares' stock forecast and price target.
  • Earnings Growth

    Earnings for Shore Bancshares are expected to grow by 14.47% in the coming year, from $1.59 to $1.82 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Shore Bancshares is 11.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.62.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Shore Bancshares is 11.33, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 23.65.

  • Price to Book Value per Share Ratio

    Shore Bancshares has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Shore Bancshares' valuation and earnings.
  • Percentage of Shares Shorted

    0.62% of the float of Shore Bancshares has been sold short.
  • Short Interest Ratio / Days to Cover

    Shore Bancshares has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Shore Bancshares has recently increased by 18.38%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Shore Bancshares pays a meaningful dividend of 3.02%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Shore Bancshares does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Shore Bancshares is 36.09%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Shore Bancshares will have a dividend payout ratio of 26.37% next year. This indicates that Shore Bancshares will be able to sustain or increase its dividend.

  • Read more about Shore Bancshares' dividend.
  • Percentage of Shares Shorted

    0.62% of the float of Shore Bancshares has been sold short.
  • Short Interest Ratio / Days to Cover

    Shore Bancshares has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Shore Bancshares has recently increased by 18.38%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Shore Bancshares has a news sentiment score of 1.15. 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 higher news sentiment than the 0.85 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Shore Bancshares this week, compared to 1 article on an average week.
  • MarketBeat Follows

    2 people have added Shore Bancshares to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Shore Bancshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $15,363.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 8.57% of the stock of Shore Bancshares is held by insiders.

  • Percentage Held by Institutions

    59.76% of the stock of Shore Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Shore Bancshares' insider trading history.
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SHBI Stock News Headlines

Elon Social Security shock?
“A Maniacal Sense of Urgency” We could be just days away from Elon Musk launching his next big venture. One Boston based think tank believes it could have drastic impacts on your money and life in America.
Shore Bancshares assumed with an Overweight at Piper Sandler
Shore Bancshares (SHBI) Gets a Hold from Janney Montgomery
Shore Bancshares (SHBI) Gets a Buy from KBW
Shore Bancshares (SHBI) Gets a Buy from KBW
See More Headlines

SHBI Stock Analysis - Frequently Asked Questions

Shore Bancshares' stock was trading at $15.85 on January 1st, 2025. Since then, SHBI shares have decreased by 4.8% and is now trading at $15.0840.
View the best growth stocks for 2025 here
.

Shore Bancshares, Inc. (NASDAQ:SHBI) released its quarterly earnings results on Thursday, January, 30th. The bank reported $0.44 EPS for the quarter, topping analysts' consensus estimates of $0.35 by $0.09. Shore Bancshares had a trailing twelve-month return on equity of 10.40% and a net margin of 13.44%.

Top institutional shareholders of Shore Bancshares include Fourthstone LLC (8.91%), Vanguard Group Inc. (4.93%), Dimensional Fund Advisors LP (4.04%) and The Manufacturers Life Insurance Company (2.85%). Insiders that own company stock include Lloyd L Beatty Jr, John Lamon, Konrad Wayson, David S Jones, Clyde V Kelly III, R Michael Clemmer, Dawn M Willey, William E Esham III, David W Moore and Donna J Stevens.
View institutional ownership trends
.

Shares of SHBI 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Shore Bancshares investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), ServiceNow (NOW), Advanced Micro Devices (AMD) and Arista Networks (ANET).

Company Calendar

Ex-Dividend for 11/29 Dividend
11/12/2024
Dividend Payable
11/29/2024
Last Earnings
1/30/2025
Ex-Dividend for 2/27 Dividend
2/13/2025
Today
2/27/2025
Dividend Payable
2/27/2025
Next Earnings (Estimated)
5/01/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:SHBI
Employees
450
Year Founded
1876

Price Target and Rating

Average Stock Price Target
$20.00
High Stock Price Target
$20.00
Low Stock Price Target
$20.00
Potential Upside/Downside
+32.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$43.89 million
Pretax Margin
17.21%

Debt

Sales & Book Value

Annual Sales
$201.70 million
Cash Flow
$1.11 per share
Book Value
$15.42 per share

Miscellaneous

Free Float
30,471,000
Market Cap
$502.07 million
Optionable
Optionable
Beta
0.97

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This page (NASDAQ:SHBI) was last updated on 2/27/2025 by MarketBeat.com Staff
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