Shore Bancshares (SHBI) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $13.33 to $13.57
• 50-Day Range: $13.21 to $16.75
• 52-Week Range: $10.06 to $17.61
• Volume: 104,300 shs
• Average Volume: 196,400 shs
• Market Capitalization: $450.42 million
• P/E Ratio: 10.15
• Dividend Yield: 3.55%
• Price Target: $20.00
• Consensus Rating: Moderate Buy

Shore Bancshares Stock Analysis - MarketRank™

Shore Bancshares scored higher than 88% of companies evaluated by MarketBeat, and ranked 209th out of 952 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: 3.3 / 5
• Analyst Rating: Moderate Buy

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 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 14.47%

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 10.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.60.

Price to Earnings Ratio vs. Sector

The P/E ratio of Shore Bancshares is 10.06, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.58.

Price to Book Value per Share Ratio

Shore Bancshares has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.97% 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 1.6, 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 55.61%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Shore Bancshares pays a meaningful dividend of 3.48%, 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.

Sustainability and ESG

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

Percentage of Shares Shorted

0.97% 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 1.6, 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 55.61%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.22

News Sentiment

Shore Bancshares has a news sentiment score of 1.22. 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 1.01 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Shore Bancshares this week, compared to 1 article on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

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.

SHBI Stock Analysis - Frequently Asked Questions

How have SHBI shares performed this year?

Shore Bancshares' stock was trading at $15.85 at the beginning of 2025. Since then, SHBI stock has decreased by 15.6% and is now trading at $13.3750.
View the best growth stocks for 2025 here.

How were Shore Bancshares' earnings last quarter?

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

How do I buy shares of Shore Bancshares?

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.

What other stocks do shareholders of Shore Bancshares own?

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

• Last Earnings: 1/30/2025
• Record date for 2/27 Dividend: 2/13/2025
• Ex-Dividend for 2/27 Dividend: 2/13/2025
• Dividend Payable: 2/27/2025
• Today: 4/01/2025
• Next Earnings (Estimated): 5/01/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: National commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:SHBI
• CIK: 1035092
• Web: www.shoreunitedbank.com
• Phone: (410) 763-7800
• Fax: 410-820-7180
• 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: +48.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.33
• Trailing P/E Ratio: 10.15
• Forward P/E Ratio: 8.49
• P/E Growth: N/A
• Net Income: $43.89 million
• Net Margins: 13.44%
• Pretax Margin: 17.21%
• Return on Equity: 10.40%
• Return on Assets: 0.93%

Debt

• Debt-to-Equity Ratio: 0.23
• Current Ratio: 0.94
• Quick Ratio: 0.93

Sales & Book Value

• Annual Sales: $201.70 million
• Price / Sales: 2.23
• Cash Flow: $1.00 per share
• Price / Cash Flow: 13.52
• Book Value: $15.42 per share
• Price / Book: 0.88

Miscellaneous

• Outstanding Shares: 33,352,000
• Free Float: 30,471,000
• Market Cap: $450.42 million
• Optionable: Optionable
• Beta: 1.01