Shore Bancshares (SHBI) Stock Price, News & Analysis

Company Overview

Shore Bancshares, Inc. was a financial holding company headquartered in Easton, Maryland. Through its principal banking subsidiary, Shore United Bank, the company provided banking and financial services to individuals, families, businesses and public-sector organizations.

Shore United Bank offered deposit accounts, residential and commercial real estate lending, business loans, consumer financing, treasury management and online banking services. The company also provided wealth management, investment and insurance-related services through affiliated businesses and served customers across Maryland’s Eastern Shore, portions of Delaware and other areas of the Mid-Atlantic region.

Shore Bancshares expanded its presence through the 2023 acquisition of Severn Bancorp, Inc. and its subsidiary, Severn Savings Bank. In 2024, WesBanco, Inc. completed its acquisition of Shore Bancshares, making the company and its banking operations part of the WesBanco organization.

Key Stats

• Today's Range: $22.84 to $23.21
• 50-Day Range: $22.39 to $24.61
• 52-Week Range: $14.93 to $24.89
• Volume: 201,333 shs
• Average Volume: 195,823 shs
• Market Capitalization: $767.51 million
• P/E Ratio: 11.62
• Dividend Yield: 2.43%
• Price Target: $25.75
• Consensus Rating: Moderate Buy

Shore Bancshares Stock Analysis - MarketRank™

Shore Bancshares scored higher than 78% of companies evaluated by MarketBeat, and ranked 324th out of 839 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: 3.2 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Shore Bancshares has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on no strong buy ratings, 3 buy ratings, 3 hold ratings, and no sell ratings.

Upside Potential

Shore Bancshares has a consensus price target of $25.75, representing about 12.0% upside from its current price of $23.00.

Amount of Analyst Coverage

Shore Bancshares has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 0.44%

Earnings Growth

Earnings for Shore Bancshares are expected to grow by 0.44% in the coming year, from $2.26 to $2.27 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Shore Bancshares is 11.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of Shore Bancshares is 11.62, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.40.

Price to Book Value per Share Ratio

Shore Bancshares has a P/B Ratio of 1.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.35% 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 6.65.

Change versus previous month

Short interest in Shore Bancshares has recently increased by 9.45%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Shore Bancshares pays a meaningful dividend of 2.43%, 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 28.28%. 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 24.67% next year. This indicates that Shore Bancshares will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.67

News Sentiment

Shore Bancshares has a news sentiment score of 0.67. 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 news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 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 $7,371.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

8.70% 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.

Company Calendar

• Last Earnings: 7/23/2026
• Record date for 9/16 Dividend: 9/02/2026
• Ex-Dividend for 9/16 Dividend: 9/02/2026
• Dividend Payable: 9/16/2026
• Today: 10/04/2026
• Next Earnings (Estimated): 10/22/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:SHBI
• CIK: 1035092
• Web: www.shorebancshares.com
• Phone: (410) 763-7800
• Fax: 410-820-7180
• Employees: 608
• Year Founded: 1876

Price Target and Rating

• Average Price Target for Shore Bancshares: $25.75
• High Price Target: $26.50
• Low Price Target: $25.00
• Potential Upside/Downside: +12.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.98
• Trailing P/E Ratio: 11.62
• Forward P/E Ratio: 10.18
• P/E Growth: N/A
• Net Income: $59.51 million
• Net Margins: 19.15%
• Pretax Margin: 25.35%
• Return on Equity: 12.11%
• Return on Assets: 1.16%

Debt

• Debt-to-Equity Ratio: 0.14
• Current Ratio: 0.95
• Quick Ratio: 0.94

Sales & Book Value

• Annual Sales: $342.72 million
• Price / Sales: 2.24
• Cash Flow: $2.44 per share
• Price / Cash Flow: 9.43
• Book Value: $17.65 per share
• Price / Book: 1.30

Miscellaneous

• Outstanding Shares: 33,370,000
• Free Float: 30,469,000
• Market Cap: $767.51 million
• Optionable: Optionable
• Beta: 0.82