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:
- Sector: Finance
- Industry: Banks - NEC
- Sub-Industry: N/A
- Symbol: NASDAQ:SHBI
- CUSIP: N/A
- Web: www.shorebancshares.com
Capitalization:- Market Cap: $207.42 million
- Outstanding Shares: 12,686,000
Average Prices:- 52 Week Range: $11.42 - $17.92
P/E:- Trailing P/E Ratio:
- Foreward P/E Ratio: 12.11
- P/E Growth:
Sales & Book Value:- Annual Revenue: $54.88 million
- Price / Sales: 3.78
- Book Value: $12.61 per share
- Price / Book: 1.30
Dividend:- Annual Dividend: $0.20
- Dividend Yield: 1.2%
Profitability:- Net Margins: 16.85%
- Return on Equity: 6.65%
- Return on Assets: 0.86%
Debt:- Current Ratio: 0.90%
- Quick Ratio: 0.90%
Misc:- Average Volume: 22,925 shs.
- Beta: 0.21
- 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 dividend yield of 1.22%. The ex-dividend date 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, July, 20th. The company reported $0.21 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.22 by $0.01. The company earned $15.08 million during the quarter. Shore Bancshares had a return on equity of 6.65% and a net margin of 16.85%. 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 HomeTrust Bancshares (HTBI), Veritex Holdings (VBTX), OFG Bancorp (OFG), Bear State Financial (BSF), CNB Financial Corporation (CCNE), Farmers National Banc Corp. (FMNB), First Connecticut Bancorp (FBNK), Enterprise Bancorp (EBTC), Sierra Bancorp (BSRR), Capital City Bank Group (CCBG), Old Line Bancshares (OLBK), Marlin Business Services Corp. (MRLN), American National Bankshares (AMNB), Secure Trust Bank Plc (STB), BankFinancial (BFIN), Paragon Commercial Corporation (PBNC), Farmers Capital Bank Corporation (FFKT) and Home Bancorp (HBCP).
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
Who owns Shore Bancshares stock?
Shore Bancshares' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Banc Funds Co. LLC (5.66%), The Manufacturers Life Insurance Company (4.12%), Vanguard Group Inc. (3.67%), Dimensional Fund Advisors LP (2.04%), State Street Corp (1.86%) and Corbyn Investment Management Inc. MD (1.46%). Company insiders that own Shore Bancshares stock include Christopher F Spurry, Lloyd L Beatty Jr, Lloyd L Beatty, Jr and W Moorhead Vermilye. View Institutional Ownership Trends for Shore Bancshares.
Who sold Shore Bancshares stock? Who is selling Shore Bancshares stock?
Shore Bancshares' stock was sold by a variety of institutional investors in the last quarter, including Corbyn Investment Management Inc. MD, Acadian Asset Management LLC, Russell Investments Group Ltd., Smith Asset Management Group LP, California State Teachers Retirement System, TIAA CREF Investment Management LLC and Chicago Equity Partners LLC. View Insider Buying and Selling for Shore Bancshares.
Who bought Shore Bancshares stock? Who is buying Shore Bancshares stock?
Shore Bancshares' stock was bought by a variety of institutional investors in the last quarter, including Numeric Investors LLC, State Street Corp, Penn Capital Management Co. Inc., Municipal Employees Retirement System of Michigan, Dupont Capital Management Corp, FSI Group LLC, Kennedy Capital Management Inc. and LSV Asset Management. Company insiders that have bought Shore Bancshares stock in the last two years include Christopher F Spurry, Lloyd L Beatty Jr and Lloyd L Beatty, Jr. View Insider Buying and Selling for Shore Bancshares.
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?
One share of Shore Bancshares stock can currently be purchased for approximately $16.35.
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.
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 |
Analysts' Ratings History for Shore Bancshares (NASDAQ:SHBI)
Show:
| 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 | |
(Data available from 8/24/2015 forward)
Earnings History for Shore Bancshares (NASDAQ:SHBI)Earnings History by Quarter for Shore Bancshares (NASDAQ SHBI)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/18/2017 | | $0.25 | | | | | 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 | |
| 1/23/2014 | Q113 | $0.07 | $0.14 | $8.41 million | | View | N/A | |
| 1/29/2013 | Q4 2012 | | ($0.60) | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Shore Bancshares (NASDAQ:SHBI)2017 EPS Consensus Estimate: $0.85
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.23 | $0.23 | $0.23 |
| Q2 2017 | 1 | $0.20 | $0.20 | $0.20 |
| Q3 2017 | 1 | $0.21 | $0.21 | $0.21 |
| Q4 2017 | 1 | $0.21 | $0.21 | $0.21 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Shore Bancshares (NASDAQ:SHBI)| Next Dividend: | 8/31/2017 |
| Annual Dividend: | $0.20 |
| Dividend Yield: | 1.22% |
| Payout Ratio: | 25.00% (Trailing 12 Months of Earnings)
21.51% (Based on This Year's Estimates)
14.81% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Shore Bancshares (NASDAQ SHBI)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/3/2017 | quarterly | $0.05 | 1.19% | 8/10/2017 | 8/14/2017 | 8/31/2017 |
| 5/4/2017 | quarterly | $0.05 | 1.21% | 5/11/2017 | 5/15/2017 | 5/31/2017 |
| 2/8/2017 | quarterly | $0.05 | 1.18% | 2/15/2017 | 2/19/2017 | 2/28/2017 |
| 11/3/2016 | quarterly | $0.05 | 1.58% | 11/9/2016 | 11/14/2016 | 11/30/2016 |
| 8/4/2016 | quarterly | $0.03 | 1.03% | 8/11/2016 | 8/15/2016 | 8/31/2016 |
| 5/5/2016 | quarterly | $0.03 | 1.01% | 5/12/2016 | 5/16/2016 | 5/31/2016 |
| 2/3/2016 | quarterly | $0.03 | 1.05% | 2/10/2016 | 2/15/2016 | 2/29/2016 |
| 11/5/2015 | quarterly | $0.02 | 0.8% | 11/12/2015 | 11/16/2015 | 11/30/2015 |
| 8/6/2015 | quarterly | $0.02 | 0.84% | 8/13/2015 | 8/17/2015 | 8/31/2015 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Shore Bancshares (NASDAQ:SHBI)Insider Ownership Percentage: 2.40%
Institutional Ownership Percentage: 68.79%
Insider Trades by Quarter for Shore Bancshares (NASDAQ:SHBI)| 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 | |
(Data available from 1/1/2013 forward)
Headline Trends for Shore Bancshares (NASDAQ:SHBI)
Latest Headlines for Shore Bancshares (NASDAQ:SHBI)
| Source: |
|
| Date | Headline |
|---|
 | Shore Bancshares Inc (SHBI) Declares Dividend of $0.05
www.americanbankingnews.com - August 4 at 11:50 AM |
| Shore Bancshares Inc (NASDAQ:SHBI) Announces Earnings Results
www.americanbankingnews.com - July 21 at 10:24 AM |
| Shore Bancshares Inc (NASDAQ:SHBI) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - July 17 at 8:11 AM |
| Critical Review: Southside Bancshares (SBSI) vs. Shore Bancshares (SHBI)
www.americanbankingnews.com - June 18 at 2:22 PM |
| Shore Bancshares, Inc. (SHBI) Declares $0.05 Quarterly Dividend
www.americanbankingnews.com - May 4 at 9:04 PM |
| Shore Bancshares (SHBI) Receiving Negative Media Coverage, AlphaOne Reports
www.americanbankingnews.com - May 2 at 1:42 PM |
| Favorable Press Coverage Very Likely to Affect Shore Bancshares (SHBI) Stock Price
www.americanbankingnews.com - April 27 at 4:02 PM |
| Somewhat Negative News Coverage Extremely Likely to Impact Shore Bancshares (SHBI) Share Price
www.americanbankingnews.com - April 24 at 3:32 PM |
| Somewhat Positive Press Coverage Extremely Likely to Affect Shore Bancshares (SHBI) Stock Price
www.americanbankingnews.com - April 21 at 4:41 PM |
| Shore Bancshares, Inc. (SHBI) Issues Earnings Results, Misses Expectations By $0.01 EPS
www.americanbankingnews.com - April 21 at 1:16 PM |
 | Shore Bancshares posts 1Q profit
marketbeat.com - April 20 at 4:36 PM |
| Shore Bancshares (SHBI) Getting Positive News Coverage, Study Finds
www.americanbankingnews.com - April 18 at 2:48 PM |
| Shore Bancshares, Inc. (SHBI) to Release Earnings on Wednesday
www.americanbankingnews.com - April 17 at 8:12 AM |
| Shore Bancshares, Inc. (SHBI) Short Interest Down 8.5% in March
www.americanbankingnews.com - April 7 at 4:20 PM |
 | Shore Bancshares Reports Second Quarter and First-Half Results
www.bizjournals.com - July 22 at 7:12 PM |
 | SHORE BANCSHARES INC Files SEC form 8-K, Changes in Registrant's Certifying Accountant, Financial Statements and Exhi
biz.yahoo.com - June 3 at 6:04 AM |
| Shore Bancshares (SHBI) Is in Oversold Territory: What's Next?
finance.yahoo.com - June 1 at 10:54 AM |
| SHORE BANCSHARES INC Files SEC form 8-K, Change in Directors or Principal Officers, Other Events, Financial Statement
biz.yahoo.com - May 4 at 4:08 PM |
| SHORE BANCSHARES INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - April 28 at 4:49 PM |
| SHORE BANCSHARES INC Files SEC form 8-K, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits
biz.yahoo.com - April 27 at 12:08 PM |
| SHORE BANCSHARES INC Files SEC form 10-K, Annual Report
biz.yahoo.com - March 11 at 12:06 PM |
| 4:34 pm Shore Bancshares increases quarterly dividend to $0.03/share from $0.02/share
finance.yahoo.com - February 3 at 4:34 PM |
| Shore Bancshares, Inc. Reports Quarterly Dividend of $0.03 Per Share
finance.yahoo.com - February 3 at 4:30 PM |
| SHORE BANCSHARES INC Financials
finance.yahoo.com - December 8 at 1:17 PM |
| SHORE BANCSHARES INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - November 10 at 5:27 PM |
| SHORE BANCSHARES INC Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 9 at 9:05 AM |
| SHORE BANCSHARES INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - November 4 at 4:18 PM |
| SHORE BANCSHARES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi
biz.yahoo.com - October 22 at 4:17 PM |
| SHORE BANCSHARES INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
biz.yahoo.com - September 25 at 4:32 PM |
Shore Bancshares (SHBI) Chart for Thursday, August, 24, 2017
