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NASDAQ:SHBI - Shore Bancshares Stock Price, Forecast & News

$16.89
+0.11 (+0.66 %)
(As of 12/11/2019 02:02 AM ET)
Today's Range
$16.76
Now: $16.89
$16.89
50-Day Range
$15.51
MA: $16.35
$17.44
52-Week Range
$12.95
Now: $16.89
$17.75
Volume3,600 shs
Average Volume22,504 shs
Market Capitalization$214.30 million
P/E Ratio8.81
Dividend Yield2.86%
Beta0.57
Shore Bancshares, Inc operates as a bank holding company for the Shore United Bank that provides various commercial banking products and services to individuals, businesses, and other organizations. It offers various deposit products, including checking, savings, and money market accounts; and regular and IRA certificates of deposit, as well as CDARS programs and cash management services. Read More…

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:SHBI
CUSIPN/A
Phone410-763-7800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$87 million
Cash Flow$2.20 per share
Book Value$14.37 per share

Profitability

Net Income$25 million

Miscellaneous

Employees292
Market Cap$214.30 million
Next Earnings Date1/30/2020 (Estimated)
OptionableNot Optionable

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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 declared a quarterly dividend on Wednesday, November 6th. Stockholders of record on Saturday, November 16th will be given a dividend of $0.12 per share on Friday, November 29th. This represents a $0.48 annualized dividend and a dividend yield of 2.84%. The ex-dividend date is Thursday, November 14th. This is a positive change from Shore Bancshares's previous quarterly dividend of $0.10. View Shore Bancshares' Dividend History.

How were Shore Bancshares' earnings last quarter?

Shore Bancshares, Inc. (NASDAQ:SHBI) issued its earnings results on Thursday, October, 24th. The bank reported $0.33 EPS for the quarter, topping the Zacks' consensus estimate of $0.32 by $0.01. The bank had revenue of $15.21 million for the quarter. Shore Bancshares had a net margin of 29.00% and a return on equity of 12.90%. View Shore Bancshares' Earnings History.

When is Shore Bancshares' next earnings date?

Shore Bancshares is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Shore Bancshares.

What is the consensus analysts' recommendation for Shore Bancshares?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shore Bancshares in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Shore Bancshares.

Has Shore Bancshares been receiving favorable news coverage?

Media coverage about SHBI stock has trended very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Shore Bancshares earned a news impact score of -3.9 on InfoTrie's scale. They also assigned media headlines about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Shore Bancshares.

Are investors shorting Shore Bancshares?

Shore Bancshares saw a drop in short interest in the month of October. As of October 31st, there was short interest totalling 47,800 shares, a drop of 13.6% from the September 30th total of 55,300 shares. Based on an average daily trading volume, of 28,500 shares, the short-interest ratio is presently 1.7 days. Approximately 0.4% of the company's shares are short sold. View Shore Bancshares' Current Options Chain.

Who are some of Shore Bancshares' key competitors?

What other stocks do shareholders of Shore Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Shore Bancshares investors own include Sabre (SABR), Sabra Health Care REIT (SBRA), Sirius XM (SIRI), SLM (SLM), Senior Housing Properties Trust (SNH), TFS Financial (TFSL), Uniti Group (UNIT), Wendys (WEN), Zynga (ZNGA) and Colony NorthStar (CLNS).

Who are Shore Bancshares' key executives?

Shore Bancshares' management team includes the folowing people:
  • Mr. Lloyd L. Beatty Jr., Pres, CEO & Director (Age 66)
  • Mr. Edward Conley Allen Jr., Sr. VP & CFO (Age 71)
  • Ms. Donna J. Stevens, Sr. VP & COO (Age 56)
  • Mr. Timothy J. Berrigan, VP & Chief Information Officer
  • Mr. W. David Morse, Sec. & Gen. Counsel (Age 57)

Who are Shore Bancshares' major shareholders?

Shore Bancshares' stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (2.25%), California Public Employees Retirement System (0.21%), Rhumbline Advisers (0.16%), Russell Investments Group Ltd. (0.07%), Barclays PLC (0.05%) and Meeder Asset Management Inc. (0.02%). View Institutional Ownership Trends for Shore Bancshares.

Which major investors are selling Shore Bancshares stock?

SHBI stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC and California Public Employees Retirement System. View Insider Buying and Selling for Shore Bancshares.

Which major investors are buying Shore Bancshares stock?

SHBI stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., State Street Corp, Rhumbline Advisers and Meeder Asset Management Inc.. View Insider Buying and Selling for Shore Bancshares.

How do I buy shares of Shore Bancshares?

Shares of SHBI 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, Robinhood, Fidelity and Charles Schwab.

What is Shore Bancshares' stock price today?

One share of SHBI stock can currently be purchased for approximately $16.89.

How big of a company is Shore Bancshares?

Shore Bancshares has a market capitalization of $214.30 million and generates $87 million in revenue each year. Shore Bancshares employs 292 workers across the globe.View Additional Information About Shore Bancshares.

What is Shore Bancshares' official website?

The official website for Shore Bancshares is http://www.shoreunitedbank.com/.

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 (NASDAQ SHBI)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  159 (Vote Outperform)
Underperform Votes:  189 (Vote Underperform)
Total Votes:  348
MarketBeat's community ratings are surveys of what our community members think about Shore Bancshares and other stocks. Vote "Outperform" if you believe SHBI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SHBI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/11/2019 by MarketBeat.com Staff

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