About Shore Bancshares (NASDAQ:SHBI)
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:
- Market Cap: $217.95 million
- Outstanding Shares: 12,686,000
- 52 Week Range: $11.49 - $17.92
Sales & Book Value:
- Trailing P/E Ratio:
- Foreward P/E Ratio: 12.73
- P/E Growth:
- Annual Revenue: $54.88 million
- Price / Sales: 3.97
- Book Value: $12.61 per share
- Price / Book: 1.36
- Annual Dividend: $0.20
- Dividend Yield: 1.2%
- Net Margins: 17.61%
- Return on Equity: 7.26%
- Return on Assets: 0.93%
- Current Ratio: 0.90%
- Quick Ratio: 0.90%
- Average Volume: 21,483 shs.
- Beta: 0.19
- Short Ratio: 4.33
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 announced a quarterly dividend on Thursday, August 3rd. Shareholders of record on Monday, August 14th will be paid a dividend of $0.05 per share on Thursday, August 31st. This represents a $0.20 annualized dividend and a yield of 1.16%. The ex-dividend date of this dividend is Thursday, August 10th. View Shore Bancshares' Dividend History.
How were Shore Bancshares' earnings last quarter?
Shore Bancshares Inc (NASDAQ:SHBI) announced its earnings results on Thursday, October, 19th. The company reported $0.27 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.02. The company earned $16.75 million during the quarter. Shore Bancshares had a net margin of 17.61% and a return on equity of 7.26%. 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 Equity Bancshares (EQBK), First Connecticut Bancorp (FBNK), Enterprise Bancorp (EBTC), CNB Financial Corporation (CCNE), Capital City Bank Group (CCBG), Farmers National Banc Corp. (FMNB), Veritex Holdings (VBTX), Bear State Financial (BSF), Sierra Bancorp (BSRR), Old Line Bancshares (OLBK), Farmers & Merchants Bancorp (FMAO), OFG Bancorp (OFG), Marlin Business Services Corp. (MRLN), Secure Trust Bank Plc (STB), American National Bankshares (AMNB), Paragon Commercial Corporation (PBNC), Farmers Capital Bank Corporation (FFKT) and Territorial Bancorp (TBNK).
Who are Shore Bancshares' key executives?
Shore Bancshares' management team includes the folowing people:
- Christopher F. Spurry, Independent Chairman of the Board
- Lloyd L. Beatty Jr., President, Chief Executive Officer, Director
- Edward Conley Allen Jr., Chief Financial Officer; President, Chief Executive Officer - CNB
- Patrick M. Bilbrough, President and Chief Executive Officer of Talbot Bank
- Richard C. Trippe Jr., President, Chief Executive Officer - Avon Dixon
- Donna J. Stevens, Chief Operating Officer
- W. David Morse, General Counsel, Secretary
- W. Moorhead Vermilye, Director
- Blenda W. Armistead, Independent Director
- David J. Bates, Independent Director
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.
What is Shore Bancshares' stock price today?
MarketBeat Community Rating for Shore Bancshares (NASDAQ SHBI)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.
One share of Shore Bancshares stock can currently be purchased for approximately $17.18.
Consensus Ratings for Shore Bancshares (NASDAQ:SHBI) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|Consensus Price Target History for Shore Bancshares (NASDAQ:SHBI)
Analysts' Ratings History for Shore Bancshares (NASDAQ:SHBI)
(Data available from 10/21/2015 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|
|1/24/2018|| || || || || || || || |
|10/19/2017||Q3 2017||$0.25||$0.27||$16.75 million||View||N/A|
|7/20/2017||Q2 2017||$0.22||$0.21||$15.08 million||View||N/A|
|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)
|Most Recent Dividend:||8/31/2017|
|Payout Ratio:||22.73% (Trailing 12 Months of Earnings) |
21.05% (Based on This Year's Estimates)
14.81% (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: 2.40%Insider Trades by Quarter for Shore Bancshares (NASDAQ:SHBI)
Institutional Ownership Percentage: 67.95%
(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)
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Shore Bancshares (SHBI) Chart for Saturday, October, 21, 2017