Shore Bancshares Inc. (SHBI)
| Market Cap | 196.37M |
| Revenue (ttm) | 59.45M |
| Net Income (ttm) | 15.73M |
| Shares Out | 11.75M |
| EPS (ttm) | 1.36 |
| PE Ratio | 12.29 |
| Forward PE | n/a |
| Dividend | $0.48 |
| Dividend Yield | 2.87% |
| Trading Day | May 7 |
| Last Price | $16.72 |
| Previous Close | $16.78 |
| Change ($) | -0.06 |
| Change (%) | -0.36% |
| Day's Open | 16.60 |
| Day's Range | 16.46 - 16.90 |
| Day's Volume | 25,260 |
| 52-Week Range | 7.77 - 18.10 |
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?
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, ...
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) 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.
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
The Severn acquisition will mark Shore's (SHBI) entry into Anne Arundel County and bolster its performance, going forward.
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) has been struggling lately, but the selling pressure may be coming to an end soon.
EASTON, Md., Feb. 3, 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, pay...
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?
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...
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.
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...
Shore Bancshares (SHBI) announces a new share repurchase program to repurchase shares worth up to $5 million by Dec 31, 2021.
EASTON, Md., Nov. 24, 2020 /PRNewswire/ -- Shore Bancshares, Inc. ("the Company") (NASDAQ:SHBI) announced today that it had received a non-objection letter from the Federal Reserve Bank of Richmond to a...
EASTON, Md., Oct. 28, 2020 /PRNewswire/ -- Shore Bancshares, Inc. (the "Company") (NASDAQ: SHBI), the largest independent bank holding company located on Maryland's Eastern Shore, announced that its ban...
Shore Bancshares (SHBI) delivered earnings and revenue surprises of 42.11% and 2.44%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
EASTON, Md., Oct. 22, 2020 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company") reported income from continuing operations of $3.391 million or $0.27 per diluted common share for the t...
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) reinstates its 2020 share repurchase plan, wherein it has $5.5 million remaining of common stock buyback authority.
EASTON, Md., Sept. 1, 2020 /PRNewswire/ -- Shore Bancshares, Inc.
EASTON, Md., Aug. 25, 2020 /PRNewswire/ -- Shore Bancshares, Inc.
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 for Easton, Maryland base...
EASTON, Md., Aug. 5, 2020 /PRNewswire/ -- Shore Bancshares, Inc.
Shore Bancshares (SHBI) delivered earnings and revenue surprises of 138.89% and 6.04%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
EASTON, Md., July 23, 2020 /PRNewswire/ -- Shore Bancshares, Inc.
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.
EASTON, Md., June 29, 2020 /PRNewswire/ -- Shore Bancshares, Inc. (the "Company") (NASDAQ: SHBI) today announced the appointment of William E. Esham III as a director of both the Company and Shore Unite...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
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... [Read more...]
| Industry Banks-Regional | Founded 1876 |
| Stock Exchange NASDAQ | Ticker Symbol SHBI |
Financial Performance
In 2020, SHBI's revenue was $59.45 million, a decrease of -0.01% compared to the previous year's $59.45 million. Earnings were $15.73 million, a decrease of -2.89%.
Analyst Forecasts
According to 2 analysts, the average rating for SHBI stock is "Hold." The 12-month stock price forecast is 18.50, which is an increase of 10.65% from the latest price.