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NASDAQ:SHBI

Shore Bancshares (SHBI) Stock Price, News & Analysis

$13.63
+0.32 (+2.40%)
(As of 04:00 PM ET)
Today's Range
$13.15
$13.71
50-Day Range
$10.49
$13.59
52-Week Range
$9.66
$14.51
Volume
93,301 shs
Average Volume
82,969 shs
Market Capitalization
$452.79 million
P/E Ratio
23.50
Dividend Yield
3.52%
Price Target
$13.00

Shore Bancshares MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
4.6% Downside
$13.00 Price Target
Short Interest
Healthy
0.45% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$62,532 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.26 out of 5 stars

Finance Sector

567th out of 856 stocks

National Commercial Banks Industry

64th out of 84 stocks

SHBI stock logo

About Shore Bancshares Stock (NASDAQ:SHBI)

Shore Bancshares, Inc. operates as a bank holding company for the Shore United Bank, N.A. that provides various commercial and consumer banking products and services to individuals, businesses, and other organizations. It offers checking, savings, overnight investment sweep, and money market accounts; and regular and IRA certificates of deposit, as well as CDARS programs and cash management services. The company also provides commercial loans, such as secured and unsecured loans, working capital loans, lines of credit, term loans, accounts receivable financing, real estate acquisition and development loans, construction loans, and letters of credit; residential real estate construction loans; residential mortgage loans; and loans to consumers, including home equity, automobile, installment, home improvement, and personal lines of credit, as well as other consumer financing products. In addition, it offers trust, asset management, and financial planning services; treasury management services, such as merchant card processing, remote deposit capture, and ACH origination, as well as telephone, mobile, and Internet banking services; safe deposit boxes; debit and credit cards; and automatic teller machine services. Shore Bancshares, Inc. was founded in 1876 and is headquartered in Easton, Maryland.

SHBI Stock Price History

SHBI Stock News Headlines

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Shore Bancshares, Inc. (SHBI)
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Company Calendar

Last Earnings
5/02/2024
Ex-Dividend for 5/31 Dividend
5/15/2024
Dividend Payable
5/31/2024
Today
7/22/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:SHBI
Employees
450
Year Founded
1876

Price Target and Rating

Average Stock Price Target
$13.00
High Stock Price Target
$13.00
Low Stock Price Target
$13.00
Potential Upside/Downside
-4.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$11.23 million
Pretax Margin
5.52%

Debt

Sales & Book Value

Annual Sales
$247.24 million
Cash Flow
$1.21 per share
Book Value
$15.42 per share

Miscellaneous

Free Float
30,377,000
Market Cap
$452.79 million
Optionable
Optionable
Beta
0.97

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Key Executives

  • Ms. Donna J. Stevens (Age 61)
    Executive VP & COO
    Comp: $480.14k
  • Mr. James M. Burke (Age 56)
    President, CEO & Director
  • Mr. Todd L. Capitani (Age 57)
    Executive VP & CFO
  • Charles F. Kade III
    Senior VP & Chief Information Officer
  • Ms. Andrea E. Colender (Age 60)
    Executive VP, Chief Legal Officer & Corporate Secretary
  • Ms. Christy M. Lombardi (Age 47)
    Executive VP & Chief Human Resources Officer
  • Mr. Brian Scot Ebron (Age 55)
    Executive VP & Chief Banking Officer
  • Mr. Charles E. Ruch Jr. (Age 65)
    Executive VP & Chief Credit Officer
  • Mr. Talal Tay (Age 46)
    Executive VP & Chief Risk Officer

SHBI Stock Analysis - Frequently Asked Questions

How have SHBI shares performed this year?

Shore Bancshares' stock was trading at $14.25 at the start of the year. Since then, SHBI shares have decreased by 4.4% and is now trading at $13.63.
View the best growth stocks for 2024 here
.

How were Shore Bancshares' earnings last quarter?

Shore Bancshares, Inc. (NASDAQ:SHBI) posted its quarterly earnings results on Thursday, May, 2nd. The bank reported $0.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.33 by $0.08. The bank had revenue of $47.78 million for the quarter, compared to analyst estimates of $49.88 million. Shore Bancshares had a net margin of 5.66% and a trailing twelve-month return on equity of 7.33%.

What is Lloyd L. "Scott" Beatty, Jr's approval rating as Shore Bancshares' CEO?

3 employees have rated Shore Bancshares Chief Executive Officer Lloyd L. "Scott" Beatty, Jr on Glassdoor.com. Lloyd L. "Scott" Beatty, Jr has an approval rating of 100% among the company's employees. This puts Lloyd L. "Scott" Beatty, Jr in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are Shore Bancshares' major shareholders?

Top institutional shareholders of Shore Bancshares include Assenagon Asset Management S.A. (0.13%). Insiders that own company stock include Lloyd L Beatty Jr, Konrad Wayson, John Lamon, David S Jones, Clyde V Kelly III, R Michael Clemmer, Dawn M Willey, William E Esham III, David W Moore and Donna J Stevens.
View institutional ownership trends
.

How do I buy shares of Shore Bancshares?

Shares of SHBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Shore Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Shore Bancshares investors own include Pure Storage (PSTG), Main Street Capital (MAIN), General Motors (GM), Toll Brothers (TOL), Vector Group (VGR), Vista Outdoor (VSTO) and Apple Hospitality REIT (APLE).

This page (NASDAQ:SHBI) was last updated on 7/22/2024 by MarketBeat.com Staff

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