Shore Bancshares Stock Price, News & Analysis (NASDAQ:SHBI)

$17.74 -0.09 (-0.50 %)
(As of 12/13/2017 05:55 AM ET)
Previous Close$17.83
Today's Range$17.69 - $17.94
52-Week Range$14.64 - $18.49
Volume15,100 shs
Average Volume30,172 shs
Market Capitalization$228.64 million
P/E Ratio20.02
Dividend Yield1.55%
Beta0.13

About Shore Bancshares (NASDAQ:SHBI)

Shore Bancshares logoShore Bancshares, Inc. is a financial holding company. The Company acts as the parent company to several financial institution and insurance entities. The Company has two business segments: Community Banking, and Insurance Products and Services. Its Community Banking segment provides services to consumers and small businesses on the Eastern Shore of Maryland and in Delaware. The Company is engaged in the banking business through CNB, a Maryland commercial bank with trust powers and The Talbot Bank of Easton, a Maryland commercial bank (the Banks). Its Insurance Products and Services segment provides a range of insurance products and services to businesses and consumers in the Company's market areas. The Banks provide a range of commercial and consumer banking products and services to individuals, businesses, and other organizations in Kent County, Queen Anne's County, Caroline County, Talbot County and Dorchester County in Maryland and in Kent County, Delaware.

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Industry, Sector and Symbol

Industry Banks
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:SHBI
CUSIPN/A
Phone410-763-7800

Debt

Debt-to-Equity RatioN/A
Current Ratio0.90%
Quick Ratio0.90%

Price-To-Earnings

Trailing P/E Ratio20.02
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$57.30 million
Price / Sales3.93
Cash Flow$0.94 per share
Price / Cash18.93
Book Value$12.18 per share
Price / Book1.46

Profitability

Trailing EPS$0.88
Net Income$9.63 million
Net Margins17.61%
Return on Equity7.20%
Return on Assets0.90%

Miscellaneous

Employees305
Outstanding Shares12,690,000

Shore Bancshares (NASDAQ:SHBI) Frequently Asked Questions

What is Shore Bancshares' stock symbol?

Shore Bancshares trades on the NASDAQ under the ticker symbol "SHBI."

How often does Shore Bancshares pay dividends? What is the dividend yield for Shore Bancshares?

Shore Bancshares declared a quarterly dividend on Thursday, November 2nd. Stockholders of record on Wednesday, November 15th will be paid a dividend of $0.07 per share on Thursday, November 30th. This represents a $0.28 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend is Tuesday, November 14th. This is an increase from Shore Bancshares's previous quarterly dividend of $0.05. View Shore Bancshares' Dividend History.

How were Shore Bancshares' earnings last quarter?

Shore Bancshares Inc (NASDAQ:SHBI) issued its earnings results on Thursday, October, 19th. The bank reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.02. The bank earned $16.75 million during the quarter. Shore Bancshares had a return on equity of 7.20% and a net margin of 17.61%. View Shore Bancshares' Earnings History.

When will Shore Bancshares make its next earnings announcement?

Shore Bancshares is scheduled to release their next quarterly earnings announcement on Wednesday, January, 24th 2018. View Earnings Estimates for Shore Bancshares.

Who are some of Shore Bancshares' key competitors?

Who are Shore Bancshares' key executives?

Shore Bancshares' management team includes the folowing people:

  • Christopher F. Spurry, Independent Chairman of the Board (Age 67)
  • Lloyd L. Beatty Jr., President, Chief Executive Officer, Director (Age 62)
  • Edward Conley Allen Jr., Chief Financial Officer; President, Chief Executive Officer - CNB (Age 68)
  • Patrick M. Bilbrough, President and Chief Executive Officer of Talbot Bank (Age 49)
  • Richard C. Trippe Jr., President, Chief Executive Officer - Avon Dixon (Age 52)
  • Donna J. Stevens, Chief Operating Officer (Age 52)
  • W. David Morse, General Counsel, Secretary (Age 52)
  • W. Moorhead Vermilye, Director (Age 74)
  • Blenda W. Armistead, Independent Director (Age 63)
  • David J. Bates, Independent Director (Age 52)

Who owns Shore Bancshares stock?

Shore Bancshares' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (2.21%), Corbyn Investment Management Inc. MD (1.40%), Context BH Capital Management LP (1.22%), JPMorgan Chase & Co. (0.75%), OxFORD Asset Management LLP (0.37%) and Nationwide Fund Advisors (0.34%). Company insiders that own Shore Bancshares stock include Christopher F Spurry, Lloyd L Beatty, Jr and W Moorhead Vermilye. View Institutional Ownership Trends for Shore Bancshares.

Who sold Shore Bancshares stock? Who is selling Shore Bancshares stock?

Shore Bancshares' stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, OxFORD Asset Management LLP, Corbyn Investment Management Inc. MD, Russell Investments Group Ltd., JPMorgan Chase & Co., Dupont Capital Management Corp and Cornerstone Capital Management Holdings LLC.. View Insider Buying and Selling for Shore Bancshares.

Who bought Shore Bancshares stock? Who is buying Shore Bancshares stock?

Shore Bancshares' stock was purchased by a variety of institutional investors in the last quarter, including Maltese Capital Management LLC, Macquarie Group Ltd., Nationwide Fund Advisors, Dimensional Fund Advisors LP, Context BH Capital Management LP, Wells Fargo & Company MN and First Quadrant L P CA. Company insiders that have bought Shore Bancshares stock in the last two years include Christopher F Spurry and Lloyd L Beatty, Jr. View Insider Buying and Selling for Shore Bancshares.

How do I buy Shore Bancshares stock?

Shares of Shore Bancshares can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Shore Bancshares' stock price today?

One share of Shore Bancshares stock can currently be purchased for approximately $17.74.

How big of a company is Shore Bancshares?

Shore Bancshares has a market capitalization of $228.64 million and generates $57.30 million in revenue each year. The bank earns $9.63 million in net income (profit) each year or $0.88 on an earnings per share basis. Shore Bancshares employs 305 workers across the globe.

How can I contact Shore Bancshares?

Shore Bancshares' mailing address is 28969 INFORMATION LANE, EASTON MD, 21601. The bank can be reached via phone at 410-763-7800 or via email at [email protected]


MarketBeat Community Rating for Shore Bancshares (SHBI)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  68 (Vote Outperform)
Underperform Votes:  96 (Vote Underperform)
Total Votes:  164
MarketBeat's community ratings are surveys of what our community members think about Shore Bancshares and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Shore Bancshares (NASDAQ:SHBI) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: N/AN/AHoldBuy
Consensus Rating Score: N/AN/A2.002.50
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: N/AN/AN/A$13.00
Price Target Upside: N/AN/AN/A11.49% upside

Shore Bancshares (NASDAQ:SHBI) Consensus Price Target History

Price Target History for Shore Bancshares (NASDAQ:SHBI)

Shore Bancshares (NASDAQ:SHBI) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/22/2016Boenning ScattergoodDowngradeOutperform -> NeutralN/AView Rating Details
3/11/2016Merion Capital GroupInitiated CoverageBuy$13.00N/AView Rating Details
(Data available from 12/13/2015 forward)

Earnings

Shore Bancshares (NASDAQ:SHBI) Earnings History and Estimates Chart

Earnings by Quarter for Shore Bancshares (NASDAQ:SHBI)

Shore Bancshares (NASDAQ SHBI) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/23/2018$0.26N/AView Earnings Details
10/19/2017Q3 2017$0.25$0.27$16.75 millionViewN/AView Earnings Details
7/20/2017Q2 2017$0.22$0.21$15.08 millionViewN/AView Earnings Details
4/20/2017Q1 2017$0.23$0.22$14.74 millionViewN/AView Earnings Details
10/20/2016Q3$0.18$0.19$9.68 million$9.70 millionViewN/AView Earnings Details
7/21/2016Q2$0.17$0.18$13.43 million$13.42 millionViewN/AView Earnings Details
4/21/2016Q1$0.18$0.19$9.34 million$9.24 millionViewN/AView Earnings Details
1/21/2016Q4$0.11$0.17$12.26 million$12.93 millionViewN/AView Earnings Details
10/22/2015Q3$0.14$0.15$12.77 million$12.92 millionViewN/AView Earnings Details
7/23/2015Q2$0.10$0.13$12.39 million$12.47 millionViewN/AView Earnings Details
4/20/2015Q1$0.10$0.11$12.67 million$12.62 millionViewN/AView Earnings Details
1/26/2015Q414$0.13$0.10$12.89 million$12.11 millionViewN/AView Earnings Details
10/23/2014Q3$0.11$0.10$13.85 million$12.63 millionViewN/AView Earnings Details
7/24/2014$0.13$0.13$12.86 million$12.98 millionViewN/AView Earnings Details
4/24/2014$0.12$0.15$13.09 million$13.11 millionViewN/AView Earnings Details
1/23/2014Q113$0.07$0.14$8.41 millionViewN/AView Earnings Details
1/29/2013Q4 2012($0.60)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Shore Bancshares (NASDAQ:SHBI) Earnings Estimates

2017 EPS Consensus Estimate: $0.85
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.23$0.23$0.23
Q2 20171$0.20$0.20$0.20
Q3 20171$0.21$0.21$0.21
Q4 20171$0.21$0.21$0.21
(Data provided by Zacks Investment Research)

Dividends

Shore Bancshares (NASDAQ:SHBI) Dividend Information

Most Recent Dividend:11/30/2017
Annual Dividend:$0.28
Dividend Yield:1.58%
Payout Ratio:31.82% (Trailing 12 Months of Earnings)
Dividend Payments by Quarter for Shore Bancshares (NASDAQ:SHBI)

Shore Bancshares (NASDAQ:SHBI) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/2/2017quarterly$0.071.66%11/14/201711/15/201711/30/2017
8/3/2017quarterly$0.051.19%8/10/20178/14/20178/31/2017
5/4/2017quarterly$0.051.21%5/11/20175/15/20175/31/2017
2/8/2017quarterly$0.051.18%2/15/20172/19/20172/28/2017
11/3/2016quarterly$0.051.58%11/9/201611/14/201611/30/2016
8/4/2016quarterly$0.031.03%8/11/20168/15/20168/31/2016
5/5/2016quarterly$0.031.01%5/12/20165/16/20165/31/2016
2/3/2016quarterly$0.031.05%2/10/20162/15/20162/29/2016
11/5/2015quarterly$0.020.8%11/12/201511/16/201511/30/2015
8/6/2015quarterly$0.020.84%8/13/20158/17/20158/31/2015
(Data available from 1/1/2013 forward)

Insider Trades

Shore Bancshares (NASDAQ SHBI) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 2.40%
Institutional Ownership Percentage: 68.47%
Insider Trades by Quarter for Shore Bancshares (NASDAQ:SHBI)
Insider Trades by Quarter for Shore Bancshares (NASDAQ:SHBI)

Shore Bancshares (NASDAQ SHBI) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/2/2016Lloyd L. Beatty, Jr.InsiderBuy2,000$11.69$23,380.00View SEC Filing  
7/29/2016Christopher F. SpurryDirectorBuy1,000$11.82$11,820.00View SEC Filing  
12/14/2015W Moorhead VermilyeDirectorSell50,000$10.65$532,500.00View SEC Filing  
8/24/2015Lloyd L Beatty JrCEOBuy1,000$9.35$9,350.00View SEC Filing  
11/12/2014F. Winfield Jr. TriceCEOSell13,965$9.15$127,779.75View SEC Filing  
5/27/2014George Stephen RappCFOBuy2,400$8.25$19,800.00View SEC Filing  
5/27/2014John H WilsonDirectorBuy1,200$8.25$9,900.00View SEC Filing  
5/27/2014Lloyd L Beatty JrCEOBuy2,000$8.25$16,500.00View SEC Filing  
11/26/2013W Moorhead VermilyeDirectorSell70,000$9.15$640,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Shore Bancshares (NASDAQ SHBI) News Headlines

Source:
DateHeadline
Analyzing Shore Bancshares (SHBI) and The CompetitionAnalyzing Shore Bancshares (SHBI) and The Competition
www.americanbankingnews.com - November 29 at 5:30 AM
Shore Bancshares, Inc. : SHBI-US: Dividend Analysis : November 15th, 2017 (record date) : By the numbers : November 14, 2017Shore Bancshares, Inc. : SHBI-US: Dividend Analysis : November 15th, 2017 (record date) : By the numbers : November 14, 2017
finance.yahoo.com - November 15 at 8:26 AM
Shore Bancshares, Inc. Reports Quarterly Dividend of $0.07 Per ShareShore Bancshares, Inc. Reports Quarterly Dividend of $0.07 Per Share
finance.yahoo.com - November 13 at 6:16 PM
Shore Bancshares (SHBI) & The Competition Financial ComparisonShore Bancshares (SHBI) & The Competition Financial Comparison
www.americanbankingnews.com - November 10 at 2:14 PM
Shore Bancshares Inc (SHBI) Increases Dividend to $0.07 Per ShareShore Bancshares Inc (SHBI) Increases Dividend to $0.07 Per Share
www.americanbankingnews.com - November 2 at 5:22 PM
Shore Bancshares Inc (SHBI) Releases Quarterly  Earnings Results, Beats Expectations By $0.02 EPSShore Bancshares Inc (SHBI) Releases Quarterly Earnings Results, Beats Expectations By $0.02 EPS
www.americanbankingnews.com - October 20 at 10:50 AM
Shore Bancshares Inc (SHBI) Scheduled to Post Earnings on WednesdayShore Bancshares Inc (SHBI) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - October 11 at 1:56 AM
Community Bank System (CBU) and Shore Bancshares (SHBI) Critical SurveyCommunity Bank System (CBU) and Shore Bancshares (SHBI) Critical Survey
www.americanbankingnews.com - October 8 at 12:28 PM
Shore Bancshares Inc (SHBI) Declares Dividend of $0.05Shore Bancshares Inc (SHBI) Declares Dividend of $0.05
www.americanbankingnews.com - August 4 at 11:50 AM
Shore Bancshares Inc (NASDAQ:SHBI) Announces  Earnings ResultsShore Bancshares Inc (NASDAQ:SHBI) Announces Earnings Results
www.americanbankingnews.com - July 21 at 10:24 AM
Shore Bancshares Inc (NASDAQ:SHBI) Set to Announce Quarterly Earnings on WednesdayShore Bancshares Inc (NASDAQ:SHBI) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - July 17 at 8:11 AM
Shore Bancshares posts 1Q profitShore Bancshares posts 1Q profit
marketbeat.com - April 20 at 4:36 PM
Shore Bancshares Reports Second Quarter and First-Half ResultsShore Bancshares Reports Second Quarter and First-Half Results
www.bizjournals.com - July 22 at 7:12 PM
SHORE BANCSHARES INC Files SEC form 8-K, Changes in Registrants Certifying Accountant, Financial Statements and ExhiSHORE BANCSHARES INC Files SEC form 8-K, Changes in Registrant's Certifying Accountant, Financial Statements and Exhi
biz.yahoo.com - June 3 at 6:04 AM
SHORE BANCSHARES INC Files SEC form 8-K, Change in Directors or Principal Officers, Other Events, Financial StatementSHORE BANCSHARES INC Files SEC form 8-K, Change in Directors or Principal Officers, Other Events, Financial Statement
biz.yahoo.com - May 4 at 4:08 PM
SHORE BANCSHARES INC Files SEC form 8-K, Submission of Matters to a Vote of Security HoldersSHORE BANCSHARES INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - April 28 at 4:49 PM
SHORE BANCSHARES INC Files SEC form 8-K, Regulation FD Disclosure, Other Events, Financial Statements and ExhibitsSHORE BANCSHARES INC Files SEC form 8-K, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits
biz.yahoo.com - April 27 at 12:08 PM
SHORE BANCSHARES INC Files SEC form 10-K, Annual ReportSHORE BANCSHARES INC Files SEC form 10-K, Annual Report
biz.yahoo.com - March 11 at 12:06 PM
SHORE BANCSHARES INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and ExhibitsSHORE BANCSHARES INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - November 10 at 5:27 PM
SHORE BANCSHARES INC Files SEC form 10-Q, Quarterly ReportSHORE BANCSHARES INC Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 9 at 9:05 AM
SHORE BANCSHARES INC Files SEC form 8-K, Other Events, Financial Statements and ExhibitsSHORE BANCSHARES INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - November 4 at 4:18 PM
SHORE BANCSHARES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and ExhiSHORE BANCSHARES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi
biz.yahoo.com - October 22 at 4:17 PM
SHORE BANCSHARES INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and ExhibitsSHORE BANCSHARES INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
biz.yahoo.com - September 25 at 4:32 PM

SEC Filings

Shore Bancshares (NASDAQ:SHBI) SEC Filings

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Social Media

Financials

Shore Bancshares (NASDAQ:SHBI) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Shore Bancshares (NASDAQ SHBI) Stock Chart for Wednesday, December, 13, 2017

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This page was last updated on 12/13/2017 by MarketBeat.com Staff

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