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

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$19.78 +0.07 (+0.36 %)
(As of 06/25/2018 02:28 AM ET)
Previous Close$19.78
Today's Range$19.52 - $20.08
52-Week Range$15.17 - $20.09
Volume109,222 shs
Average Volume34,805 shs
Market Capitalization$251.02 million
P/E Ratio18.42
Dividend Yield1.62%
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

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 Ratio18.42
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$65.55 million
Price / Sales3.84
Cash Flow$1.1460 per share
Price / Cash17.26
Book Value$12.90 per share
Price / Book1.53

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

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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 Thursday, May 10th. Stockholders of record on Tuesday, May 15th will be paid a dividend of $0.08 per share on Thursday, May 31st. This represents a $0.32 annualized dividend and a dividend yield of 1.62%. The ex-dividend date of this dividend is Monday, May 14th. This is an increase 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) announced its earnings results on Thursday, April, 19th. The bank reported $0.32 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.35 by $0.03. The bank had revenue of $17.26 million for the quarter. Shore Bancshares had a net margin of 18.32% and a return on equity of 8.39%. 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, July, 19th 2018. View Earnings Estimates for Shore Bancshares.

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?

News stories about SHBI stock have been trending somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog 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 0.14 on Accern's scale. They also assigned media headlines about the bank an impact score of 45.49 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Shore Bancshares' major shareholders?

Shore Bancshares' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.85%), Dimensional Fund Advisors LP (2.76%), Maltese Capital Management LLC (1.37%), LSV Asset Management (1.24%), Millennium Management LLC (1.06%) and JPMorgan Chase & Co. (0.75%). Company insiders that own Shore Bancshares stock include Christopher F Spurry and Lloyd L Beatty, Jr. 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 Gendell Jeffrey L, Millennium Management LLC, Penn Capital Management Co. Inc., JPMorgan Chase & Co., BlackRock Inc. and Russell Investments Group Ltd.. View Insider Buying and Selling for Shore Bancshares.

Which major investors are buying Shore Bancshares stock?

SHBI stock was acquired by a variety of institutional investors in the last quarter, including Maltese Capital Management LLC, LSV Asset Management, Hillsdale Investment Management Inc., Dimensional Fund Advisors LP, Hancock Holding Co., Mackay Shields LLC, FSI Group LLC and Schwab Charles Investment Management Inc.. Company insiders that have bought Shore Bancshares stock in the last two years include Christopher F Spurry and Lloyd L Beatty, Jr. 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, Scottrade, Fidelity and Charles Schwab.

What is Shore Bancshares' stock price today?

One share of SHBI stock can currently be purchased for approximately $19.78.

How big of a company is Shore Bancshares?

Shore Bancshares has a market capitalization of $251.02 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 (SHBI)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  103 (Vote Outperform)
Underperform Votes:  124 (Vote Underperform)
Total Votes:  227
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 6/25/2018 by MarketBeat.com Staff

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