Shore Bancshares Company Profile (NASDAQ:SHBI)

About Shore Bancshares

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.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Mid-Atlantic Banks
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: SHBI
  • CUSIP:
Key Metrics:
  • Previous Close: $0.00
  • 50 Day Moving Average: $
  • 200 Day Moving Average: $
  • 52-Week Range: $12,664,000.00 - $10.23
  • Trailing P/E Ratio:
  • Foreward P/E Ratio: 13.16
  • P/E Growth:
  • Market Cap: $
  • Outstanding Shares: 12,664,000
  • Beta: 0.35
Profitability:
  • Net Margins: 16.82%
  • Return on Equity: 6.32%
  • Return on Assets: 0.85%
Debt:
  • Current Ratio: 0.93%
  • Quick Ratio: 0.93%
Additional Links:
Companies Related to Shore Bancshares:

Analyst Ratings

Consensus Ratings for Shore Bancshares (NASDAQ:SHBI) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $13.00 (25.16% downside)

Analysts' Ratings History for Shore Bancshares (NASDAQ:SHBI)
Show:
DateFirmActionRatingPrice TargetDetails
4/22/2016Boenning ScattergoodDowngradeOutperform -> NeutralView Rating Details
3/11/2016Merion Capital GroupInitiated CoverageBuy$13.00View Rating Details
(Data available from 3/1/2015 forward)

Earnings

Earnings History for Shore Bancshares (NASDAQ:SHBI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/19/2017        
10/20/2016Q3$0.18$0.19$9.68 million$9.70 millionViewN/AView Earnings Details
7/21/2016Q2$0.17$0.18ViewN/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$8.77 millionViewN/AView Earnings Details
10/22/2015Q3$0.14$0.15$8.78 millionViewN/AView Earnings Details
7/23/2015Q2$0.10$0.13$8.77 millionViewN/AView Earnings Details
4/20/2015Q1$0.10$0.11$8.68 millionViewN/AView Earnings Details
1/26/2015Q414$0.13$0.10$8.54 millionViewN/AView Earnings Details
10/23/2014Q3$0.11$0.10$8.56 millionViewN/AView Earnings Details
7/24/2014$0.13$0.13ViewN/AView Earnings Details
4/24/2014$0.12$0.15ViewN/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

Earnings Estimates for Shore Bancshares (NASDAQ:SHBI)
Current Year EPS Consensus Estimate: $0.96 EPS
Next Year EPS Consensus Estimate: $1.32 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.18$0.18$0.18
Q2 20161$0.17$0.17$0.17
Q3 20161$0.18$0.18$0.18
Q4 20161$0.18$0.18$0.18
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

Current Dividend Information for Shore Bancshares (NASDAQ:SHBI)
Annual Dividend:$0.20
Dividend Yield:1.15%
Payout Ratio:26.32% (Based on Trailing 12 Months of Earnings)
20.83% (Based on Current Year Consensus EPS Estimate)
15.15% (Based on Next Year Consensus EPS Estimate)

Dividend History for Shore Bancshares (NASDAQ:SHBI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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

Insider Trading History for Shore Bancshares (NASDAQ:SHBI)
Insider Ownership Percentage: 2.00%
Institutional Ownership Percentage: 62.24%
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

Latest Headlines for Shore Bancshares (NASDAQ:SHBI)
DateHeadline
4-traders.com logoShore Bancshares : Graves completes leadership program (NASDAQ:SHBI)
www.4-traders.com - December 23 at 2:04 AM
mysmartrend.com logoUptrend Call Working As Shore Bancshares Stock Rises 19.0% (SHBI) (NASDAQ:SHBI)
www.mysmartrend.com - November 12 at 7:27 PM
publicnow.com logoShore Bancshares, Inc. Reports Quarterly Dividend of $0.05 Per Share (NASDAQ:SHBI)
www.publicnow.com - November 3 at 7:28 PM
capitalcube.com logoETF’s with exposure to Shore Bancshares, Inc. : November 1, 2016 (NASDAQ:SHBI)
www.capitalcube.com - November 1 at 7:38 PM
capitalcube.com logoShore Bancshares, Inc. :SHBI-US: Earnings Analysis: Q3, 2016 By the Numbers : October 25, 2016 (NASDAQ:SHBI)
www.capitalcube.com - October 25 at 12:30 PM
News IconMid-Shore Community Foundation elects new board members (NASDAQ:SHBI)
www.stardem.com - August 11 at 7:55 PM
News IconPRESIDENT AND CEO of Shore Bancshares Inc (NASDAQ:SHBI), Beatty Lloyd L Jr, buys 2,000 shares worth $23,386 (NASDAQ:SHBI)
empowerednews.net - August 5 at 7:37 PM
News IconParent of Shore United Bank reports quarterly dividend (NASDAQ:SHBI)
thedailyrecord.com - August 5 at 7:37 PM
insidermonkey.com logoThree Strong Performing Companies See Corporate Insiders Unloading Company Stock & Insider Buying at Two Finance-Related Companies (NASDAQ:SHBI)
www.insidermonkey.com - August 1 at 1:00 PM
capitalcube.com logoShore Bancshares, Inc. :SHBI-US: Earnings Analysis: Q2, 2016 By the Numbers : July 26, 2016 (NASDAQ:SHBI)
www.capitalcube.com - July 26 at 10:11 AM
publicnow.com logoShore Bancshares Announces Stock Repurchase Plan (NASDAQ:SHBI)
www.publicnow.com - July 25 at 8:18 AM
bizjournals.com logoShore Bancshares Reports Second Quarter and First-Half Results (NASDAQ:SHBI)
www.bizjournals.com - July 22 at 7:12 PM
News IconShore Bancshares’ net income jumps in 2016 (NASDAQ:SHBI)
thedailyrecord.com - July 22 at 7:12 PM
4-traders.com logoShore Bancshares : posts 2Q profit (NASDAQ:SHBI)
www.4-traders.com - July 22 at 7:12 PM
sg.finance.yahoo.com logoShore Bancshares posts 2Q profit (NASDAQ:SHBI)
sg.finance.yahoo.com - July 21 at 5:29 PM
News IconJuly 1 marked official union of Shore banks (NASDAQ:SHBI)
www.myeasternshoremd.com - July 6 at 12:02 PM
News IconThese 2 Maryland banks just merged and got a new name (NASDAQ:SHBI)
thedailyrecord.com - July 1 at 7:25 PM
publicnow.com logoShore Bancshares Announces Consolidation of Banking Subsidiaries and Unified Branding under Shore United Bank name (NASDAQ:SHBI)
www.publicnow.com - July 1 at 7:41 AM
capitalcube.com logoShore Bancshares, Inc. :SHBI-US: Earnings Analysis: Q1, 2016 By the Numbers : June 28, 2016 (NASDAQ:SHBI)
www.capitalcube.com - June 28 at 1:57 PM
News IconShore Bancshares gets approval to merge banks (NASDAQ:SHBI)
thedailyrecord.com - June 17 at 10:04 AM
4-traders.com logoShore Bancshares : Local Community Banks Receive Approval to Merge and Become One Bank (NASDAQ:SHBI)
www.4-traders.com - June 16 at 11:44 AM
publicnow.com logoLocal Community Banks Receive Approval to Merge and Become One Bank (NASDAQ:SHBI)
www.publicnow.com - June 16 at 10:39 AM
biz.yahoo.com logoSHORE BANCSHARES INC Files SEC form 8-K, Changes in Registrant's Certifying Accountant, Financial Statements and Exhi (NASDAQ:SHBI)
biz.yahoo.com - June 3 at 6:04 AM
finance.yahoo.com logoShore Bancshares (SHBI) Is in Oversold Territory: What's Next? (NASDAQ:SHBI)
finance.yahoo.com - June 1 at 10:54 AM
biz.yahoo.com logoSHORE BANCSHARES INC Files SEC form 8-K, Change in Directors or Principal Officers, Other Events, Financial Statement (NASDAQ:SHBI)
biz.yahoo.com - May 4 at 4:08 PM
biz.yahoo.com logoSHORE BANCSHARES INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:SHBI)
biz.yahoo.com - April 28 at 4:49 PM
biz.yahoo.com logoSHORE BANCSHARES INC Files SEC form 8-K, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits (NASDAQ:SHBI)
biz.yahoo.com - April 27 at 12:08 PM
capitalcube.com logoShore Bancshares, Inc. :SHBI-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:SHBI)
www.capitalcube.com - April 27 at 10:16 AM
publicnow.com logoShore Bancshares Reports First Quarter 2016 Financial Results (NASDAQ:SHBI)
www.publicnow.com - April 21 at 4:42 PM
sg.finance.yahoo.com logoShore Bancshares posts 1Q profit (NASDAQ:SHBI)
sg.finance.yahoo.com - April 21 at 4:32 PM
biz.yahoo.com logoSHORE BANCSHARES INC Files SEC form 10-K, Annual Report (NASDAQ:SHBI)
biz.yahoo.com - March 11 at 12:06 PM
finance.yahoo.com logo4:34 pm Shore Bancshares increases quarterly dividend to $0.03/share from $0.02/share (NASDAQ:SHBI)
finance.yahoo.com - February 3 at 4:34 PM
finance.yahoo.com logoShore Bancshares, Inc. Reports Quarterly Dividend of $0.03 Per Share (NASDAQ:SHBI)
finance.yahoo.com - February 3 at 4:30 PM
News IconBoenning Scattergood Analysts Increase Earnings Estimates for Shore Bancshares, Inc. (NASDAQ:SHBI)
www.topix.com - January 26 at 2:00 PM
capitalcube.com logoShore Bancshares, Inc. Earnings Analysis: Q4, 2015 By the Numbers (NASDAQ:SHBI)
www.capitalcube.com - January 26 at 12:03 PM
sg.finance.yahoo.com logoShore Bancshares posts 4Q profit (NASDAQ:SHBI)
sg.finance.yahoo.com - January 21 at 5:21 PM
noodls.com logoShore Bancshares Reports 2015 Results (NASDAQ:SHBI)
www.noodls.com - January 21 at 4:49 PM
finance.yahoo.com logoSHORE BANCSHARES INC Financials (NASDAQ:SHBI)
finance.yahoo.com - December 8 at 1:17 PM
biz.yahoo.com logoSHORE BANCSHARES INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:SHBI)
biz.yahoo.com - November 10 at 5:27 PM
biz.yahoo.com logoSHORE BANCSHARES INC Files SEC form 10-Q, Quarterly Report (NASDAQ:SHBI)
biz.yahoo.com - November 9 at 9:05 AM
noodls.com logoShore Bancshares, Inc. Reports Second Consecutive Quarterly Dividend of $0.02 Per Share (NASDAQ:SHBI)
www.noodls.com - November 4 at 4:38 PM
biz.yahoo.com logoSHORE BANCSHARES INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:SHBI)
biz.yahoo.com - November 4 at 4:18 PM
sg.finance.yahoo.com logoShore Bancshares posts 3Q profit (NASDAQ:SHBI)
sg.finance.yahoo.com - October 22 at 6:07 PM
noodls.com logoShore Bancshares Reports Third Quarter and Nine-Month Results (NASDAQ:SHBI)
www.noodls.com - October 22 at 4:39 PM
biz.yahoo.com logoSHORE BANCSHARES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi (NASDAQ:SHBI)
biz.yahoo.com - October 22 at 4:17 PM
biz.yahoo.com logoSHORE BANCSHARES INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NASDAQ:SHBI)
biz.yahoo.com - September 25 at 4:32 PM

Social

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 Wednesday, February 8th. Investors of record on Sunday, February 19th will be given a dividend of $0.05 per share on Tuesday, February 28th. This represents a $0.20 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date is Wednesday, February 15th.

Where is Shore Bancshares' stock going? Where will Shore Bancshares' stock price be in 2017?

2 brokerages have issued 12-month price targets for Shore Bancshares' stock. Their predictions range from $13.00 to $13.00. On average, they expect Shore Bancshares' share price to reach $13.00 in the next twelve months.

When will Shore Bancshares announce their earnings?

Shore Bancshares is scheduled to release their next quarterly earnings announcement on Wednesday, April, 19th 2017.

Who owns Shore Bancshares stock?

Shore Bancshares' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FJ Capital Management LLC (8.20%), Basswood Capital Management L.L.C. (3.02%), Renaissance Technologies LLC (2.12%), Dimensional Fund Advisors LP (1.65%), Brown Advisory Inc. (1.50%) and State Street Corp (1.34%). Company insiders that own Shore Bancshares stock include Christopher F Spurry, Lloyd L Beatty Jr, Lloyd L Beatty, Jr and W Moorhead Vermilye.

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 Basswood Capital Management L.L.C., Maltese Capital Management LLC and Brown Advisory Inc..

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 FJ Capital Management LLC, Russell Investments Group Ltd., Martingale Asset Management L P, Renaissance Technologies LLC, Dimensional Fund Advisors LP, State Street Corp and Bessemer Group Inc.. Company insiders that have bought Shore Bancshares stock in the last two years include Christopher F Spurry, Lloyd L Beatty Jr and Lloyd L Beatty, Jr.

How do I buy Shore Bancshares stock?

Shares of Shore Bancshares can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Shore Bancshares stock cost?

One share of Shore Bancshares stock can currently be purchased for approximately $17.37.

Shore Bancshares (NASDAQ:SHBI) Chart for Wednesday, March, 1, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Shore Bancshares (NASDAQ:SHBI)

Earnings History Chart

Earnings by Quarter for Shore Bancshares (NASDAQ:SHBI)

Dividend History Chart

Dividend Payments by Quarter for Shore Bancshares (NASDAQ:SHBI)

Last Updated on 3/1/2017 by MarketBeat.com Staff