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. Investors of record on Tuesday, May 15th will be given a dividend of $0.08 per share on Thursday, May 31st. This represents a $0.32 annualized dividend and a dividend yield of 1.66%. The ex-dividend date is Monday, May 14th. This is a boost from Shore Bancshares's previous quarterly dividend of $0.07. View Shore Bancshares' Dividend History.

Shore Bancshares, Inc. (NASDAQ:SHBI) issued its quarterly earnings data on Thursday, April, 19th. The bank reported $0.32 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.35 by $0.03. The bank earned $17.26 million during the quarter. Shore Bancshares had a net margin of 18.32% and a return on equity of 8.39%. View Shore Bancshares' Earnings History.

1 equities research analysts have issued 12-month price objectives for Shore Bancshares' shares. Their forecasts range from $23.00 to $23.00. On average, they anticipate Shore Bancshares' stock price to reach $23.00 in the next twelve months. This suggests a possible upside of 19.6% from the stock's current price. View Analyst Ratings for Shore Bancshares.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shore Bancshares in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."

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

Media coverage about SHBI stock has been trending somewhat positive on Saturday, Accern reports. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news 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 0.02 on Accern's scale. They also assigned news articles about the bank an impact score of 47.00 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

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 $19.23.

Shore Bancshares has a market capitalization of $247.20 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]