Shore Bancshares, Inc. (SHBI)
NASDAQ: SHBI · Real-Time Price · USD
15.73
+0.24 (1.55%)
Jan 21, 2025, 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 20, which predicts an increase of 27.15% from the current stock price of 15.73.

Analyst Consensus: Buy
Target Low Average Median High
Price $20 $20 $20 $20
Change +27.15% +27.15% +27.15% +27.15%
* Price targets were last updated on Dec 4, 2024.

Analyst Ratings

The average analyst rating for SHBI stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 000000
Buy 000011
Hold 222211
Sell 000000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Buy
Upgrades
$16$20
Buy Upgrades $16$20 +27.15% Dec 4, 2024
Janney Montgomery Scott
Janney Montgomery Scott
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Jul 30, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$13$15
Hold Maintains $13$15 -4.64% Jul 26, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$14$13
Hold Maintains $14$13 -17.36% May 3, 2024
Janney Montgomery Scott
Janney Montgomery Scott
Strong Buy
Upgrades
n/a
Strong Buy Upgrades n/a n/a Aug 15, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
173.50M
Revenue Next Year
186.15M
from 173.50M
Increased by 7.29%
EPS This Year
1.31
from 0.42
Increased by 210.86%
EPS Next Year
1.56
from 1.31
Increased by 19.53%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----173.50M186.15M200.79M
Revenue Growth
2.55%-0.01%31.19%57.03%5.09%-7.29%7.86%
EPS
1.271.271.171.570.421.311.561.73
EPS Growth
-35.13%-0.23%-7.76%34.02%-73.25%210.86%19.53%11.11%
Forward PE
-----12.0510.089.07
No. Analysts -----444
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 178.9M 195.5M 211.6M
Avg 173.5M 186.2M 200.8M
Low 166.4M 175.2M 188.4M

Revenue Growth

Revenue Growth 202420252026
High -
12.7%
13.7%
Avg -
7.3%
7.9%
Low -
1.0%
1.2%

EPS Forecast

EPS 202420252026
High 1.37 1.68 1.84
Avg 1.31 1.56 1.73
Low 1.23 1.43 1.62

EPS Growth

EPS Growth 202420252026
High
225.0%
28.7%
17.7%
Avg
210.9%
19.5%
11.1%
Low
194.0%
9.6%
3.6%
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.