NASDAQ:SHBI - Shore Bancshares Stock Price, Forecast & News

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

Shore Bancshares announced a quarterly dividend on Monday, February 10th. Investors of record on Thursday, February 20th will be given a dividend of $0.12 per share on Wednesday, March 4th. This represents a $0.48 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date is Wednesday, February 19th. View Shore Bancshares' Dividend History.

Shore Bancshares, Inc. (NASDAQ:SHBI) released its earnings results on Thursday, January, 30th. The bank reported $0.32 earnings per share for the quarter, meeting analysts' consensus estimates of $0.32. The bank had revenue of $15.46 million for the quarter. Shore Bancshares had a return on equity of 8.53% and a net margin of 23.21%. View Shore Bancshares' Earnings History.

Shore Bancshares is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Shore Bancshares.

Media coverage about SHBI stock has been trending somewhat negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Shore Bancshares earned a media sentiment score of -1.2 on InfoTrie's scale. They also assigned media stories about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Shore Bancshares.

Shore Bancshares saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 47,900 shares, an increase of 21.0% from the January 30th total of 39,600 shares. Based on an average trading volume of 15,800 shares, the days-to-cover ratio is presently 3.0 days. Currently, 0.4% of the company's stock are sold short. View Shore Bancshares' Current Options Chain.

Some companies that are related to Shore Bancshares include Bancorp (TBBK), CBTX (CBTX), Camden National (CAC), Nicolet Bankshares (NCBS), First Bancshares (FBMS), First of Long Island (FLIC), Bridge Bancorp (BDGE), Hanmi Financial (HAFC), Arrow Financial (AROW), Financial Institutions (FISI), American National BankShares (AMNB), Peoples Financial Services (PFIS), Guaranty Bancshares (GNTY), Southern First Bancshares (SFST) and First Bancorp (FNLC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Shore Bancshares investors own include Huntington Bancshares (HBAN), People's United Financial (PBCT), KeyCorp (KEY), Pattern Energy Group (PEGI), Sabre (SABR), Sirius XM (SIRI), SLM (SLM), Walgreens Boots Alliance (WBA), Wendys (WEN) and Zynga (ZNGA).

Shore Bancshares' stock is owned by a number of of institutional and retail investors. Top institutional investors include Fourthstone LLC (8.47%), Banc Funds Co. LLC (4.55%), Renaissance Technologies LLC (3.64%), EJF Capital LLC (2.44%), State Street Corp (2.36%) and Penn Capital Management Co. Inc. (1.66%). View Institutional Ownership Trends for Shore Bancshares.

SHBI stock was sold by a variety of institutional investors in the last quarter, including Panagora Asset Management Inc., LSV Asset Management, Gilman Hill Asset Management LLC, Bank of New York Mellon Corp and Strs Ohio. View Insider Buying and Selling for Shore Bancshares.

SHBI stock was purchased by a variety of institutional investors in the last quarter, including Fourthstone LLC, Penn Capital Management Co. Inc., Stifel Financial Corp, Banc Funds Co. LLC, Renaissance Technologies LLC, Globeflex Capital L P, State Street Corp and Barclays PLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of SHBI stock can currently be purchased for approximately $15.61.

Shore Bancshares has a market capitalization of $198.06 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.View Additional Information About Shore Bancshares.

The official website for Shore Bancshares is http://www.shoreunitedbank.com/.

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]