Log in
NASDAQ:SHBI

Shore Bancshares Stock Forecast, Price & News

$11.48
-0.16 (-1.37 %)
(As of 10/23/2020 12:00 AM ET)
Add
Compare
Today's Range
$11.19
Now: $11.48
$12.28
50-Day Range
$9.77
MA: $10.94
$12.06
52-Week Range
$7.63
Now: $11.48
$17.90
Volume89,947 shs
Average Volume34,273 shs
Market Capitalization$143.84 million
P/E Ratio8.63
Dividend Yield4.25%
Beta0.7
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. 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 comprising home equity, automobile, installment, home improvement, and 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; and trust, asset management, and financial planning services. 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.
Read More
Shore Bancshares logo

Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.68 out of 5 stars

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:SHBI
CUSIPN/A
Phone410-763-7800
Employees292

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$69.79 million
Cash Flow$1.54 per share
Book Value$15.20 per share

Profitability

Net Income$16.20 million

Miscellaneous

Market Cap$143.84 million
Next Earnings Date2/4/2021 (Estimated)
OptionableNot Optionable
$11.48
-0.16 (-1.37 %)
(As of 10/23/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive SHBI News and Ratings via Email

Sign-up to receive the latest news and ratings for SHBI and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Shore Bancshares (NASDAQ:SHBI) Frequently Asked Questions

How has Shore Bancshares' stock price been impacted by COVID-19?

Shore Bancshares' stock was trading at $11.27 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SHBI stock has increased by 1.9% and is now trading at $11.48.
View which stocks have been most impacted by COVID-19
.

When is Shore Bancshares' next earnings date?

Shore Bancshares is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Shore Bancshares
.

How were Shore Bancshares' earnings last quarter?

Shore Bancshares, Inc. (NASDAQ:SHBI) posted its quarterly earnings results on Thursday, October, 22nd. The bank reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.08. Shore Bancshares had a return on equity of 8.53% and a net margin of 23.83%.
View Shore Bancshares' earnings history
.

How often does Shore Bancshares pay dividends? What is the dividend yield for Shore Bancshares?

Shore Bancshares announced a quarterly dividend on Wednesday, August 5th. Shareholders of record on Saturday, August 15th will be given a dividend of $0.12 per share on Monday, August 31st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.18%. The ex-dividend date of this dividend is Thursday, August 13th.
View Shore Bancshares' dividend history
.

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 Pure Storage (PSTG), Main Street Capital (MAIN), General Motors (GM), Toll Brothers (TOL), Vector Group (VGR), Vista Outdoor (VSTO), Apple Hospitality REIT (APLE), The Boeing (BA), Huntington Bancshares (HBAN) and NVIDIA (NVDA).

Who are Shore Bancshares' key executives?

Shore Bancshares' management team includes the following 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)

What is Shore Bancshares' stock symbol?

Shore Bancshares trades on the NASDAQ under the ticker symbol "SHBI."

Who are Shore Bancshares' major shareholders?

Shore Bancshares' stock is owned by a variety of retail and institutional investors. Top institutional investors include LSV Asset Management (1.01%). Company insiders that own Shore Bancshares stock include Donna J Stevens, Jr Charles E Ruch, Lloyd L Beatty, Jr and Michael T Cavey.
View institutional ownership trends for Shore Bancshares
.

Which institutional investors are selling Shore Bancshares stock?

SHBI stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management.
View insider buying and selling activity 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 $11.48.

How big of a company is Shore Bancshares?

Shore Bancshares has a market capitalization of $143.84 million and generates $69.79 million in revenue each year. The bank earns $16.20 million in net income (profit) each year or $1.28 on an earnings per share basis. Shore Bancshares employs 292 workers across the globe.

What is Shore Bancshares' official website?

The official website for Shore Bancshares is www.shoreunitedbank.com.

How can I contact Shore Bancshares?

Shore Bancshares' mailing address is 18 E. DOVER STREET EASTON MARYLAND, EASTON MD, 21601. The bank can be reached via phone at 410-763-7800 or via email at [email protected]

This page was last updated on 10/24/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.