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Shore Bancshares (SHBI) Projected to Post Quarterly Earnings on Tuesday

Shore Bancshares logo with Finance background
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Key Points

  • Q1 2026 results due Tuesday, May 5: Analysts expect $0.45 EPS and $58.316 million in revenue, with an earnings call scheduled for May 7 at 4:30 PM ET.
  • Last quarter Shore beat EPS (reported $0.55 vs. $0.45 expected) despite an unusual revenue print (reported -$11.02M vs. $58.35M estimate), and analysts project $2.00 EPS for both the current and next fiscal year.
  • The stock opened at $19.19 (market cap ≈ $642M, P/E 10.2), pays a $0.12 quarterly dividend (2.5% yield), saw insider buying (director purchased 5,000 shares), and carries a consensus "Moderate Buy" target of $20.17.
  • MarketBeat previews top five stocks to own in June.

Shore Bancshares (NASDAQ:SHBI - Get Free Report) is projected to issue its Q1 2026 results before the market opens on Tuesday, May 5th. Analysts expect the company to announce earnings of $0.45 per share and revenue of $58.3160 million for the quarter. Interested persons are encouraged to explore the company's upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, May 7, 2026 at 4:30 PM ET.

Shore Bancshares (NASDAQ:SHBI - Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The bank reported $0.55 EPS for the quarter, beating the consensus estimate of $0.45 by $0.10. Shore Bancshares had a net margin of 18.20% and a return on equity of 11.97%. The business had revenue of ($11.02) million during the quarter, compared to the consensus estimate of $58.35 million. On average, analysts expect Shore Bancshares to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shore Bancshares Stock Up 0.5%

Shares of SHBI opened at $19.19 on Tuesday. Shore Bancshares has a one year low of $12.98 and a one year high of $20.68. The company has a market cap of $641.91 million, a P/E ratio of 10.21 and a beta of 0.85. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.95 and a quick ratio of 0.94. The firm has a 50 day simple moving average of $18.77 and a two-hundred day simple moving average of $17.98.

Shore Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.5%. The ex-dividend date was Wednesday, March 4th. Shore Bancshares's payout ratio is currently 25.53%.

Insider Buying and Selling at Shore Bancshares

In related news, Director William E. Esham III bought 5,000 shares of the firm's stock in a transaction on Thursday, February 5th. The shares were purchased at an average price of $19.99 per share, with a total value of $99,950.00. Following the completion of the purchase, the director owned 5,510 shares in the company, valued at $110,144.90. This represents a 980.39% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Insiders own 8.70% of the company's stock.

Institutional Trading of Shore Bancshares

A number of hedge funds and other institutional investors have recently modified their holdings of SHBI. EverSource Wealth Advisors LLC bought a new stake in shares of Shore Bancshares in the second quarter worth $31,000. Tower Research Capital LLC TRC grew its stake in shares of Shore Bancshares by 239.1% in the second quarter. Tower Research Capital LLC TRC now owns 4,500 shares of the bank's stock worth $71,000 after purchasing an additional 3,173 shares during the last quarter. State of Wyoming grew its stake in shares of Shore Bancshares by 150.6% in the second quarter. State of Wyoming now owns 4,682 shares of the bank's stock worth $74,000 after purchasing an additional 2,814 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of Shore Bancshares by 29.1% in the third quarter. BNP Paribas Financial Markets now owns 5,879 shares of the bank's stock worth $96,000 after purchasing an additional 1,324 shares during the last quarter. Finally, Brooklyn Investment Group bought a new stake in shares of Shore Bancshares in the fourth quarter worth $225,000. Institutional investors own 59.76% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on SHBI. Hovde Group boosted their price objective on shares of Shore Bancshares from $19.00 to $22.00 and gave the company an "outperform" rating in a research report on Tuesday, February 3rd. Keefe, Bruyette & Woods reaffirmed a "market perform" rating and set a $20.00 target price on shares of Shore Bancshares in a research note on Thursday, April 9th. Finally, Weiss Ratings raised shares of Shore Bancshares from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, April 6th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $20.17.

Read Our Latest Research Report on SHBI

About Shore Bancshares

(Get Free Report)

Shore Bancshares, Inc NASDAQ: SHBI is the bank holding company for Shore Community Bank, a commercial bank headquartered in Mount Holly, New Jersey. The company provides a full suite of banking and financial services to individuals and businesses, including deposit accounts, consumer and commercial lending, mortgage financing, and cash management solutions. Through its branch network, Shore Bancshares focuses on delivering community-oriented banking services with an emphasis on personalized customer relationships.

Shore Community Bank's lending portfolio includes commercial real estate, construction loans, agricultural loans, small business loans under government-sponsored programs, and conventional residential mortgages.

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Earnings History for Shore Bancshares (NASDAQ:SHBI)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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