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

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

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.

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.

Shore Bancshares is scheduled to release their next quarterly earnings announcement on Thursday, July, 19th 2018. View Earnings Estimates for Shore Bancshares.

Some companies that are related to Shore Bancshares include Banc of California (BANC), Hanmi Financial (HAFC), CoBiz Financial (COBZ), CBTX (CBTX), Green Bancorp (GNBC), National Commerce (NCOM), Peoples Bancorp (PEBO), Camden National (CAC), Bridge Bancorp (BDGE), First of Long Island (FLIC), Bancorp (TBBK), Nicolet Bankshares (NCBS), Financial Institutions (FISI), Arrow Financial (AROW) and First Bancshares (FBMS).

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.

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.

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.

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.

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.

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

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.

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]