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

$17.52 -0.01 (-0.06 %)
(As of 02/20/2018 12:37 PM ET)
Previous Close$17.52
Today's Range$17.39 - $17.70
52-Week Range$15.17 - $19.30
Volume8,200 shs
Average Volume25,462 shs
Market Capitalization$222.30 million
P/E Ratio18.06
Dividend Yield1.60%
Beta0.24

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 Ratio18.06
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$65.55 million
Price / Sales3.39
Cash Flow$0.95 per share
Price / Cash18.40
Book Value$12.18 per share
Price / Book1.44

Profitability

Trailing EPS$0.89
Net Income$11.26 million
Net Margins17.18%
Return on Equity7.75%
Return on Assets0.95%

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 announced a quarterly dividend on Friday, February 2nd. Shareholders of record on Thursday, February 15th will be paid a dividend of $0.07 per share on Wednesday, February 28th. This represents a $0.28 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date is Wednesday, February 14th. View Shore Bancshares' Dividend History.

How were Shore Bancshares' earnings last quarter?

Shore Bancshares, Inc. (NASDAQ:SHBI) posted its quarterly earnings results on Thursday, October, 19th. The bank reported $0.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.25 by $0.02. The bank had revenue of $16.75 million for the quarter. Shore Bancshares had a net margin of 17.18% and a return on equity of 7.75%. 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 Thursday, April, 19th 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 a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.94%), Basswood Capital Management L.L.C. (4.69%), Renaissance Technologies LLC (2.85%), Kennedy Capital Management Inc. (2.37%), Millennium Management LLC (1.28%) and Context BH Capital Management LP (1.26%). Company insiders that own Shore Bancshares stock include Christopher F Spurry and Lloyd L Beatty, Jr. 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 Gilman Hill Asset Management LLC. View Insider Buying and Selling for Shore Bancshares.

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

Shore Bancshares' stock was acquired by a variety of institutional investors in the last quarter, including Basswood Capital Management L.L.C., Kennedy Capital Management Inc., Millennium Management LLC, Renaissance Technologies LLC, Bailard Inc., Deutsche Bank AG, Stone Ridge Asset Management LLC and Allianz Asset Management GmbH. 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 $17.52.

How big of a company is Shore Bancshares?

Shore Bancshares has a market capitalization of $222.30 million and generates $65.55 million in revenue each year. The bank earns $11.26 million in net income (profit) each year or $0.89 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:  2.2 out of 5 (star star)
Outperform Votes:  86 (Vote Outperform)
Underperform Votes:  109 (Vote Underperform)
Total Votes:  195
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/AN/AN/A
Consensus Rating Score: N/AN/AN/AN/A
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)
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)
Consensus Price Target: N/AN/AN/AN/A
Price Target Upside: N/AN/AN/AN/A

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 2/20/2016 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
4/19/2018        
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
1/25/2017Q4 2016$0.20$14.02 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 million$12.79 millionViewN/AView Earnings Details
10/28/2013Q3 2013$0.03$0.17$12.88 million$13.62 millionViewN/AView Earnings Details
7/24/2013Q2 2013$0.04$0.04$12.89 million$12.96 millionViewN/AView Earnings Details
4/23/2013Q1 2013($0.02)$0.03$13.39 million$12.97 millionViewN/AView Earnings Details
1/29/2013Q4 2012($0.60)ViewN/AView Earnings Details
10/23/2012Q3 2012$0.04($0.22)ViewN/AView Earnings Details
7/24/2012Q2 2012$0.03$0.03ViewN/AView Earnings Details
4/24/2012Q1 2012$0.05($0.36)ViewN/AView Earnings Details
1/25/2012Q4 2011$0.04$0.04ViewN/AView Earnings Details
10/25/2011Q3 2011$0.01$0.01ViewN/AView Earnings Details
7/26/2011Q2 2011$0.06($0.03)ViewN/AView Earnings Details
4/26/2011Q1 2011$0.16($0.13)ViewN/AView Earnings Details
1/26/2011Q4 2010$0.12$0.10ViewN/AView Earnings Details
10/26/2010Q3 2010$0.06$0.07ViewN/AView Earnings Details
7/27/2010Q2 2010$0.04$0.05ViewN/AView Earnings Details
4/27/2010Q1 2010$0.15($0.19)ViewN/AView Earnings Details
1/27/2010Q4 2009$0.20$0.14ViewN/AView Earnings Details
10/26/2009Q3 2009$0.18$0.23ViewN/AView Earnings Details
7/29/2009Q2 2009$0.26$0.04ViewN/AView Earnings Details
4/23/2009Q1 2009$0.27$0.30ViewN/AView Earnings Details
1/28/2009Q4 2008$0.31$0.27ViewN/AView Earnings Details
10/24/2008Q3 2008$0.34$0.37ViewN/AView Earnings Details
7/23/2008Q2 2008$0.36$0.33ViewN/AView Earnings Details
4/22/2008Q1 2008$0.43$0.40ViewN/AView Earnings Details
1/30/2008Q4 2007$0.41$0.40ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

Shore Bancshares (NASDAQ:SHBI) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Shore Bancshares (NASDAQ:SHBI) Dividend Information

Next Dividend:2/28/2018
Annual Dividend:$0.28
Dividend Yield:1.60%
Payout Ratio:31.46% (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
2/2/2018quarterly$0.071.56%2/14/20182/15/20182/28/2018
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: 65.23%
Insider Trades by Quarter for Shore Bancshares (NASDAQ:SHBI)
Institutional Ownership by Quarter for Shore Bancshares (NASDAQ:SHBI)

Shore Bancshares (NASDAQ SHBI) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After 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$532,500.0047,600View SEC Filing  
8/24/2015Lloyd L Beatty JrCEOBuy1,000$9.35$9,350.0052,387,418View 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
Contrasting Shore Bancshares (SHBI) & State Bank Financial (STBZ)Contrasting Shore Bancshares (SHBI) & State Bank Financial (STBZ)
www.americanbankingnews.com - February 5 at 1:39 PM
Shore Bancshares, Inc. Declares Quarterly Dividend of $0.07 (SHBI)Shore Bancshares, Inc. Declares Quarterly Dividend of $0.07 (SHBI)
www.americanbankingnews.com - February 2 at 5:28 PM
Reviewing Your Community Bankshares (YCB) and Shore Bancshares (SHBI)Reviewing Your Community Bankshares (YCB) and Shore Bancshares (SHBI)
www.americanbankingnews.com - January 24 at 11:20 AM
Shore Bancshares (SHBI) Set to Announce Quarterly Earnings on TuesdayShore Bancshares (SHBI) Set to Announce Quarterly Earnings on Tuesday
www.americanbankingnews.com - January 16 at 2:52 AM
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 Tuesday, February, 20, 2018

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This page was last updated on 2/20/2018 by MarketBeat.com Staff

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