Shore Bancshares, Inc. (SHBI)
NASDAQ: SHBI · Real-Time Price · USD
14.41
-0.04 (-0.28%)
Nov 4, 2024, 4:00 PM EST - Market closed
Shore Bancshares Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Shore Bancshares stock has a target of 15, which predicts an increase of 4.09% from the current stock price of 14.41.
Analyst Consensus: Hold
* Price targets were last updated on Jul 26, 2024.
Analyst Ratings
The average analyst rating for SHBI stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Janney Montgomery Scott | Janney Montgomery Scott | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jul 30, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $13 → $15 | Hold | Maintains | $13 → $15 | +4.09% | Jul 26, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $14 → $13 | Hold | Maintains | $14 → $13 | -9.78% | May 3, 2024 |
| Janney Montgomery Scott | Janney Montgomery Scott | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Aug 15, 2023 |
| Piper Sandler | Piper Sandler | Buy Maintains $22 → $16 | Buy | Maintains | $22 → $16 | +11.03% | Jul 11, 2023 |
Financial Forecast
Revenue This Year
172.84M
Revenue Next Year
185.33M
from 172.84M
Increased by 7.23%
EPS This Year
1.31
from 0.42
Increased by 210.86%
EPS Next Year
1.54
from 1.31
Increased by 17.97%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 178.9M | 195.5M | 211.6M |
| Avg | 172.8M | 185.3M | 205.5M |
| Low | 165.1M | 173.7M | 197.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 13.1% | 14.2% |
| Avg | - | 7.2% | 10.9% |
| Low | - | 0.5% | 6.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.37 | 1.68 | 1.84 |
| Avg | 1.31 | 1.54 | 1.79 |
| Low | 1.23 | 1.39 | 1.71 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 225.0% | 28.7% | 19.3% |
| Avg | 210.9% | 18.0% | 15.9% |
| Low | 194.0% | 6.6% | 11.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.