Shore Bancshares Company Profile (NASDAQ:SHBI)

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.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Mid-Atlantic Banks
  • Sub-Industry: N/A
  • Symbol: NASDAQ:SHBI
  • CUSIP: N/A
  • Web: www.shorebancshares.com
Capitalization:
  • Market Cap: $202.63 million
  • Outstanding Shares: 12,680,000
Average Prices:
  • 52 Week Range: $10.34 - $17.92
P/E:
  • Trailing P/E Ratio:
  • Foreward P/E Ratio: 12.11
  • P/E Growth:
Sales & Book Value:
  • Annual Revenue: $54.03 million
  • Price / Sales: 3.75
  • Book Value: $12.44 per share
  • Price / Book: 1.28
Dividend:
  • Annual Dividend: $0.20
  • Dividend Yield: 1.3%
Profitability:
  • Net Margins: 16.82%
  • Return on Equity: 6.32%
  • Return on Assets: 0.85%
Debt:
  • Current Ratio: 0.93%
  • Quick Ratio: 0.93%
Misc:
  • Average Volume: 34,639 shs.
  • Beta: 0.35
  • Short Ratio: 1.06
 

Frequently Asked Questions for Shore Bancshares (NASDAQ:SHBI)

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, May 4th. Shareholders of record on Monday, May 15th will be given a dividend of $0.05 per share on Wednesday, May 31st. This represents a $0.20 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend is Thursday, May 11th. View Shore Bancshares' Dividend History.

How were Shore Bancshares' earnings last quarter?

Shore Bancshares, Inc. (NASDAQ:SHBI) issued its earnings results on Thursday, April, 20th. The company reported $0.22 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.23 by $0.01. The business earned $14.74 million during the quarter. Shore Bancshares had a net margin of 16.82% and a return on equity of 6.32%. 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, July, 19th 2017. View Earnings Estimates for Shore Bancshares.

Who are some of Shore Bancshares' key competitors?

Who owns Shore Bancshares stock?

Shore Bancshares' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (9.73%), Vanguard Group Inc. (3.62%), Renaissance Technologies LLC (2.33%), Dimensional Fund Advisors LP (1.85%), Mendon Capital Advisors Corp (1.73%) and Corbyn Investment Management Inc. MD (1.67%). Company insiders that own Shore Bancshares stock include Christopher F Spurry, Lloyd L Beatty Jr, 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 Morgan Stanley, Russell Investments Group Ltd., Corbyn Investment Management Inc. MD, First Trust Advisors LP and 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 Wellington Management Group LLP, JPMorgan Chase & Co., Bowling Portfolio Management LLC, Oxford Asset Management, LSV Asset Management, Acadian Asset Management LLC, Globeflex Capital L P and Renaissance Technologies LLC. 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. 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 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 $15.98.

Analyst Ratings

Consensus Ratings for Shore Bancshares (NASDAQ:SHBI) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Shore Bancshares (NASDAQ:SHBI)
Show:
DateFirmActionRatingPrice 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 5/27/2015 forward)

Earnings

Earnings History for Shore Bancshares (NASDAQ:SHBI)
Earnings by Quarter for Shore Bancshares (NASDAQ:SHBI)
Earnings History by Quarter for Shore Bancshares (NASDAQ:SHBI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/19/2017        
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

Earnings Estimates for Shore Bancshares (NASDAQ:SHBI)
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

Current Dividend Information for Shore Bancshares (NASDAQ:SHBI)
Next Dividend:5/31/2017
Annual Dividend:$0.20
Dividend Yield:1.25%
Payout Ratio:26.32% (Trailing 12 Months of Earnings)
21.05% (Based on This Year's Estimates)
15.15% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Shore Bancshares (NASDAQ:SHBI)

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

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

Headline Trends for Shore Bancshares (NASDAQ:SHBI)
Latest Headlines for Shore Bancshares (NASDAQ:SHBI)
Source:
DateHeadline
americanbankingnews.com logoShore Bancshares, Inc. (SHBI) Declares $0.05 Quarterly Dividend
www.americanbankingnews.com - May 4 at 9:04 PM
americanbankingnews.com logoShore Bancshares (SHBI) Receiving Negative Media Coverage, AlphaOne Reports
www.americanbankingnews.com - May 2 at 1:42 PM
americanbankingnews.com logoFavorable Press Coverage Very Likely to Affect Shore Bancshares (SHBI) Stock Price
www.americanbankingnews.com - April 27 at 4:02 PM
americanbankingnews.com logoSomewhat Negative News Coverage Extremely Likely to Impact Shore Bancshares (SHBI) Share Price
www.americanbankingnews.com - April 24 at 3:32 PM
americanbankingnews.com logoSomewhat Positive Press Coverage Extremely Likely to Affect Shore Bancshares (SHBI) Stock Price
www.americanbankingnews.com - April 21 at 4:41 PM
americanbankingnews.com logoShore Bancshares, Inc. (SHBI) Issues Earnings Results, Misses Expectations By $0.01 EPS
www.americanbankingnews.com - April 21 at 1:16 PM
marketbeat.com logoShore Bancshares posts 1Q profit
marketbeat.com - April 20 at 4:36 PM
americanbankingnews.com logoShore Bancshares (SHBI) Getting Positive News Coverage, Study Finds
www.americanbankingnews.com - April 18 at 2:48 PM
americanbankingnews.com logoShore Bancshares, Inc. (SHBI) to Release Earnings on Wednesday
www.americanbankingnews.com - April 17 at 8:12 AM
americanbankingnews.com logoShore Bancshares, Inc. (SHBI) Short Interest Down 8.5% in March
www.americanbankingnews.com - April 7 at 4:20 PM
bizjournals.com logoShore Bancshares Reports Second Quarter and First-Half Results
www.bizjournals.com - July 22 at 7:12 PM
biz.yahoo.com logoSHORE 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
finance.yahoo.com logoShore Bancshares (SHBI) Is in Oversold Territory: What's Next?
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
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
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
biz.yahoo.com - April 27 at 12:08 PM
biz.yahoo.com logoSHORE BANCSHARES INC Files SEC form 10-K, Annual Report
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
finance.yahoo.com - February 3 at 4:34 PM
finance.yahoo.com logoShore Bancshares, Inc. Reports Quarterly Dividend of $0.03 Per Share
finance.yahoo.com - February 3 at 4:30 PM
finance.yahoo.com logoSHORE BANCSHARES INC Financials
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
biz.yahoo.com - November 10 at 5:27 PM
biz.yahoo.com logoSHORE BANCSHARES INC Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 9 at 9:05 AM
biz.yahoo.com logoSHORE BANCSHARES INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - November 4 at 4:18 PM
biz.yahoo.com logoSHORE 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
biz.yahoo.com logoSHORE 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

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Chart

Shore Bancshares (SHBI) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff