NASDAQ:SHBI - Shore Bancshares Stock Price, Price Target & More

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$19.23 -0.18 (-0.93 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$19.23
Today's Range$19.22 - $19.42
52-Week Range$15.74 - $20.09
Volume27,008 shs
Average Volume22,426 shs
Market Capitalization$247.20 million
P/E Ratio18.14
Dividend Yield1.65%
Beta0.24
Shore Bancshares logoShore 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. The company operates through two segments, Community Banking, and Insurance Products and Services. 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. 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, as well as commercial mortgages, and equipment and operating loans; and loans to consumers comprising mortgage, home equity, automobile, marine, installment, and other secured and unsecured personal lines of credit. In addition, it offers safe deposit boxes; debit and credit cards; direct deposit of payroll; merchant credit card clearing services; telephone, mobile, and Internet banking services; and automatic teller machine (ATM) services. Further, the company provides non-deposit products, such as mutual funds and annuities, and discount brokerage services; trust, asset management, and financial planning services; and insurance products and services to businesses and consumers, including property and casualty, life, marine, individual health, and long term care insurance, as well as pension and profit sharing plans, and retirement plans. It operates 21 full service branches, 23 ATMs, 2 loan production offices in Baltimore City, Baltimore County, Howard County, Kent County, Queen Anne's County, Caroline County, Talbot County, and Dorchester County in Maryland; Kent County, Delaware; and Accomack County, Virginia. Shore Bancshares, Inc. was founded in 1876 and is headquartered in Easton, Maryland.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity RatioN/A
Current Ratio0.92
Quick Ratio0.92

Price-To-Earnings

Trailing P/E Ratio18.14
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$65.55 million
Price / Sales3.74
Cash Flow$1.1318 per share
Price / Cash16.99
Book Value$12.90 per share
Price / Book1.49

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$11.26 million
Net Margins18.32%
Return on Equity8.39%
Return on Assets0.98%

Miscellaneous

Employees346
Outstanding Shares12,740,000
Market Cap$247.20

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 Thursday, May 10th. Investors of record on Tuesday, May 15th will be given a dividend of $0.08 per share on Thursday, May 31st. This represents a $0.32 annualized dividend and a dividend yield of 1.66%. The ex-dividend date is Monday, May 14th. This is a boost from Shore Bancshares's previous quarterly dividend of $0.07. View Shore Bancshares' Dividend History.

How were Shore Bancshares' earnings last quarter?

Shore Bancshares, Inc. (NASDAQ:SHBI) issued its quarterly earnings data on Thursday, April, 19th. The bank reported $0.32 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.35 by $0.03. The bank earned $17.26 million during the quarter. Shore Bancshares had a net margin of 18.32% and a return on equity of 8.39%. View Shore Bancshares' Earnings History.

What price target have analysts set for SHBI?

1 equities research analysts have issued 12-month price objectives for Shore Bancshares' shares. Their forecasts range from $23.00 to $23.00. On average, they anticipate Shore Bancshares' stock price to reach $23.00 in the next twelve months. This suggests a possible upside of 19.6% from the stock's current price. View Analyst Ratings 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 buy rating for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Shore Bancshares' key competitors?

Who are Shore Bancshares' key executives?

Shore Bancshares' management team includes the folowing people:
  • Mr. Lloyd L. Beatty Jr., Pres, CEO & Director (Age 65)
  • Mr. Edward Conley Allen Jr., Sr. VP & CFO (Age 70)
  • Ms. Donna J. Stevens, Sr. VP & COO (Age 55)
  • Mr. Patrick M. Bilbrough, CEO & Pres of Shore United Bank (Age 54)
  • Mr. Richard C. Trippe Jr., CEO & Pres of Avon Dixon Agency (Age 55)

Has Shore Bancshares been receiving favorable news coverage?

Media coverage about SHBI stock has been trending somewhat positive on Saturday, Accern reports. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Shore Bancshares earned a news impact score of 0.02 on Accern's scale. They also assigned news articles about the bank an impact score of 47.00 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

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, Scottrade, Fidelity and Charles Schwab.

What is Shore Bancshares' stock price today?

One share of SHBI stock can currently be purchased for approximately $19.23.

How big of a company is Shore Bancshares?

Shore Bancshares has a market capitalization of $247.20 million and generates $65.55 million in revenue each year. Shore Bancshares employs 346 workers across the globe.

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:  106 (Vote Outperform)
Underperform Votes:  129 (Vote Underperform)
Total Votes:  235
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 7/21/2018 by MarketBeat.com Staff

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