Shore 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
- Market Cap: $202.63 million
- Outstanding Shares: 12,680,000
- 52 Week Range: $10.34 - $17.92
Sales & Book Value:
- Trailing P/E Ratio:
- Foreward P/E Ratio: 12.11
- P/E Growth:
- Annual Revenue: $54.03 million
- Price / Sales: 3.75
- Book Value: $12.44 per share
- Price / Book: 1.28
- Annual Dividend: $0.20
- Dividend Yield: 1.3%
- Net Margins: 16.82%
- Return on Equity: 6.32%
- Return on Assets: 0.85%
- Current Ratio: 0.93%
- Quick Ratio: 0.93%
- 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?
Who are some of Shore Bancshares' key competitors?
Some companies that are related to Shore Bancshares include Bancorp (TBBK), Capital City Bank Group (CCBG), Old Line Bancshares, Inc. (MD) (OLBK), American National BankShares (AMNB), Summit Financial Group (SMMF), Charter Financial Corp (CHFN), LCNB Corp. (LCNB), Bank of Commerce Holdings (BOCH), Select Bancorp (SLCT), DNB Financial Corp (DNBF), First Bank (FRBA), Carolina Bank Holding Inc. (NC) (CLBH), First Niagara Financial Group (FNFG), Middleburg Financial Corp. (MBRG), Monarch Financial Holdings (MNRK), NewBridge Bancorp (NBBC), Susquehanna Bancshares (SUSQ) and Xenith Bankshares (XBKS).
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.
Consensus Ratings for Shore Bancshares (NASDAQ:SHBI) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|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)
(Data available from 5/27/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|4/22/2016||Boenning Scattergood||Downgrade||Outperform -> Neutral||N/A|
|3/11/2016||Merion Capital Group||Initiated Coverage||Buy||$13.00||N/A|
Earnings History for Shore Bancshares (NASDAQ:SHBI)Earnings History by Quarter for Shore Bancshares (NASDAQ:SHBI)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/19/2017|| || || || || || || || |
|4/20/2017||Q1 2017||$0.23||$0.22||$14.74 million||View||N/A|
|10/20/2016||Q3||$0.18||$0.19||$9.68 million||$9.70 million||View||N/A|
|7/21/2016||Q2||$0.17||$0.18||$13.43 million||$13.42 million||View||N/A|
|4/21/2016||Q1||$0.18||$0.19||$9.34 million||$9.24 million||View||N/A|
|1/21/2016||Q4||$0.11||$0.17||$12.26 million||$12.93 million||View||N/A|
|10/22/2015||Q3||$0.14||$0.15||$12.77 million||$12.92 million||View||N/A|
|7/23/2015||Q2||$0.10||$0.13||$12.39 million||$12.47 million||View||N/A|
|4/20/2015||Q1||$0.10||$0.11||$12.67 million||$12.62 million||View||N/A|
|1/26/2015||Q414||$0.13||$0.10||$12.89 million||$12.11 million||View||N/A|
|10/23/2014||Q3||$0.11||$0.10||$13.85 million||$12.63 million||View||N/A|
|7/24/2014||$0.13||$0.13||$12.86 million||$12.98 million||View||N/A|
|4/24/2014||$0.12||$0.15||$13.09 million||$13.11 million||View||N/A|
Earnings Estimates for Shore Bancshares (NASDAQ:SHBI)
2017 EPS Consensus Estimate: $0.85
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Shore Bancshares (NASDAQ:SHBI)
|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 History by Quarter for Shore Bancshares (NASDAQ:SHBI)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Shore Bancshares (NASDAQ:SHBI)
Insider Ownership Percentage: 2.00%Insider Trades by Quarter for Shore Bancshares (NASDAQ:SHBI)
Institutional Ownership Percentage: 62.24%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/2/2016||Lloyd L. Beatty, Jr.||Insider||Buy||2,000||$11.69||$23,380.00|| |
|7/29/2016||Christopher F. Spurry||Director||Buy||1,000||$11.82||$11,820.00|| |
|12/14/2015||W Moorhead Vermilye||Director||Sell||50,000||$10.65||$532,500.00|| |
|8/24/2015||Lloyd L Beatty Jr||CEO||Buy||1,000||$9.35||$9,350.00|| |
|11/12/2014||F. Winfield Jr. Trice||CEO||Sell||13,965||$9.15||$127,779.75|| |
|5/27/2014||George Stephen Rapp||CFO||Buy||2,400||$8.25||$19,800.00|| |
|5/27/2014||John H Wilson||Director||Buy||1,200||$8.25||$9,900.00|| |
|5/27/2014||Lloyd L Beatty Jr||CEO||Buy||2,000||$8.25||$16,500.00|| |
|11/26/2013||W Moorhead Vermilye||Director||Sell||70,000||$9.15||$640,500.00|| |
Headline Trends for Shore Bancshares (NASDAQ:SHBI)
Latest Headlines for Shore Bancshares (NASDAQ:SHBI)
|Shore Bancshares, Inc. (SHBI) Declares $0.05 Quarterly Dividend|
www.americanbankingnews.com - May 4 at 9:04 PM
|Shore Bancshares (SHBI) Receiving Negative Media Coverage, AlphaOne Reports|
www.americanbankingnews.com - May 2 at 1:42 PM
|Favorable Press Coverage Very Likely to Affect Shore Bancshares (SHBI) Stock Price|
www.americanbankingnews.com - April 27 at 4:02 PM
|Somewhat Negative News Coverage Extremely Likely to Impact Shore Bancshares (SHBI) Share Price|
www.americanbankingnews.com - April 24 at 3:32 PM
|Somewhat Positive Press Coverage Extremely Likely to Affect Shore Bancshares (SHBI) Stock Price|
www.americanbankingnews.com - April 21 at 4:41 PM
|Shore Bancshares, Inc. (SHBI) Issues Earnings Results, Misses Expectations By $0.01 EPS|
www.americanbankingnews.com - April 21 at 1:16 PM
|Shore Bancshares posts 1Q profit|
marketbeat.com - April 20 at 4:36 PM
|Shore Bancshares (SHBI) Getting Positive News Coverage, Study Finds|
www.americanbankingnews.com - April 18 at 2:48 PM
|Shore Bancshares, Inc. (SHBI) to Release Earnings on Wednesday|
www.americanbankingnews.com - April 17 at 8:12 AM
|Shore Bancshares, Inc. (SHBI) Short Interest Down 8.5% in March|
www.americanbankingnews.com - April 7 at 4:20 PM
|Shore 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 Registrant's Certifying Accountant, Financial Statements and Exhi|
biz.yahoo.com - June 3 at 6:04 AM
|Shore Bancshares (SHBI) Is in Oversold Territory: What's Next?|
finance.yahoo.com - June 1 at 10:54 AM
|SHORE 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 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 Exhibits|
biz.yahoo.com - April 27 at 12:08 PM
|SHORE BANCSHARES INC Files SEC form 10-K, Annual Report|
biz.yahoo.com - March 11 at 12:06 PM
|4:34 pm Shore Bancshares increases quarterly dividend to $0.03/share from $0.02/share|
finance.yahoo.com - February 3 at 4:34 PM
|Shore Bancshares, Inc. Reports Quarterly Dividend of $0.03 Per Share|
finance.yahoo.com - February 3 at 4:30 PM
|SHORE BANCSHARES INC Financials|
finance.yahoo.com - December 8 at 1:17 PM
|SHORE 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 Report|
biz.yahoo.com - November 9 at 9:05 AM
|SHORE 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 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 Exhibits|
biz.yahoo.com - September 25 at 4:32 PM
Shore Bancshares (SHBI) Chart for Saturday, May, 27, 2017