Shore Bancshares Inc. (SHBI)
| Market Cap | 399.28M |
| Revenue (ttm) | 66.26M |
| Net Income (ttm) | 16.53M |
| Shares Out | 19.81M |
| EPS (ttm) | 1.40 |
| PE Ratio | 14.41 |
| Forward PE | n/a |
| Dividend | $0.48 (2.38%) |
| Ex-Dividend Date | Nov 10, 2021 |
| Volume | 47,553 |
| Open | 20.32 |
| Previous Close | 20.30 |
| Day's Range | 20.05 - 20.58 |
| 52-Week Range | 12.99 - 23.19 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 22.00 (+9.1%) |
| Earnings Date | Jan 27, 2022 |
About SHBI
Shore Bancshares, Inc. operates as a bank holding company for the Shore United Bank that provides various commercial and consumer banking products and services to individuals, businesses, and other organizations. It offers checking, savings, overnight investment sweep, 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...
Financial Performance
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for SHBI stock is "Buy." The 12-month stock price forecast is 22.00, which is an increase of 9.13% from the latest price.
News
Best Momentum Stocks to Buy for November 24th
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Shore Bancshares, Inc. Reports Quarterly Dividend of $0.12 Per Share
EASTON, Md., Nov. 2, 2021 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, pa...
Shore Bancshares, Inc. Announces Completion of Acquisition of Severn Bancorp, Inc.
EASTON, Md., Nov. 1, 2021 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) (the "Company" or "Shore"), the holding company of Shore United Bank, National Association (the "Shore United"), announced...
Shore Bancshares Reports Third Quarter and Nine-Month Financial Results
EASTON, Md., Oct. 28, 2021 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company") reported net income of $4.617 million or $0.39 per diluted common share for the third quarter of 2021, c...
Shore Bancshares, Inc. and Severn Bancorp, Inc. Announce Receipt of Shareholder Approval for Merger
EASTON, Md. and ANNAPOLIS, Md.
Shore Bancshares, Inc. Announces Receipt Of Regulatory Approvals For Acquisition Of Severn Bancorp, Inc.
EASTON, Md., Sept. 27, 2021 /PRNewswire/ -- Shore Bancshares, Inc. ("the Company" or "Shore") (NASDAQ:SHBI), the holding company of Shore United Bank, announced today that it has received regulatory app...
Shore Bancshares Announces Resignation of Board of Director David J. Bates
EASTON, Md., Aug. 12, 2021 /PRNewswire/ -- Shore Bancshares, Inc. (the "Company") (NASDAQ: SHBI) announced today that David J.
Shore Bancshares (SHBI) Q2 Earnings and Revenues Surpass Estimates
Shore Bancshares (SHBI) delivered earnings and revenue surprises of 13.33% and 2.61%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Shore Bancshares Reports Second Quarter and First-Half Financial Results
EASTON, Md., July 29, 2021 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company") reported net income of $4.031 million or $0.34 per diluted common share for the second quarter of 2021, ...
Analysts Estimate Shore Bancshares (SHBI) to Report a Decline in Earnings: What to Look Out for
Shore Bancshares (SHBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Shore Bancshares (SHBI) Q1 Earnings Beat Estimates
Shore Bancshares (SHBI) delivered earnings and revenue surprises of 6.25% and -4.69%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Shore Bancshares Reports First Quarter 2021 Financial Results
EASTON, Md., April 29, 2021 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company") reported net income of $3.998 million or $0.34 per diluted common share for the first quarter of 2021, ...
Shore Bancshares Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Merger of Shore Banc...
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of Shore Bancshares, Inc. (NASDAQ: SHBI) and Severn Bancorp, Inc. is fair to Shore Ban...
Shore Bancshares (SHBI) Earnings Expected to Grow: Should You Buy?
Shore Bancshares (SHBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Shore United Bank Announces New Branch in South Ocean City, Maryland
EASTON, Md. , April 13, 2021 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) announced today that its banking subsidiary, Shore United Bank, will open a new office on 34st South Ocean City, Maryland.
Top Ranked Income Stocks to Buy for March 23rd
Top Ranked Income Stocks to Buy for March 23rd
Shore (SHBI) and Severn Strike Merger Deal Worth $146 Million
The Severn acquisition will mark Shore's (SHBI) entry into Anne Arundel County and bolster its performance, going forward.
Shore Bancshares, Inc. and Severn Bancorp, Inc. Announce Execution of Merger Agreement Creates 3rd Largest Bank Headq...
EASTON, Md. and ANNAPOLIS, Md., March 3, 2021 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) ( "Shore"), the holding company of Shore United Bank, and Severn Bancorp, Inc. (NASDAQ: SVBI) ("Severn...
Shore Bancshares (SHBI) Sees Hammer Chart Pattern: Time to Buy?
Shore Bancshares (SHBI) has been struggling lately, but the selling pressure may be coming to an end soon.
Shore Bancshares (SHBI) Q4 Earnings and Revenues Surpass Estimates
Shore Bancshares (SHBI) delivered earnings and revenue surprises of 28.00% and 5.35%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Shore Bancshares Reports 2020 Results
EASTON, Md., Jan. 28, 2021 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) (the "Company") reported income from continuing operations of $3.886 million or $0.32 per diluted common share for the fo...
Earnings Preview: Shore Bancshares (SHBI) Q4 Earnings Expected to Decline
Shore Bancshares (SHBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Shore Bancshares, Inc. Announce New Board Member
EASTON, Md., Dec. 22, 2020 /PRNewswire/ -- Shore Bancshares, Inc. (the "Company") (NASDAQ: SHBI) today announced the appointment of Dawn M. Willey as a director of both the Company and Shore United Bank...