Shore Bancshares, Inc. (SHBI)
NASDAQ: SHBI · IEX Real-Time Price · USD
13.31
0.00 (0.00%)
At close: Jul 19, 2024, 4:00 PM
13.38
+0.07 (0.53%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Shore Bancshares Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Shore Bancshares stock has a target of 13, which predicts a decrease of -2.33% from the current stock price of 13.31.
Analyst Consensus: Buy
* Price targets were last updated on May 3, 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 2 | 2 | 2 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $14 → $13 | Hold | Maintains | $14 → $13 | -2.33% | 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 | +20.21% | Jul 11, 2023 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $16 → $14 | Hold | Maintains | $16 → $14 | +5.18% | May 23, 2023 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $18 → $16 | Hold | Maintains | $18 → $16 | +20.21% | Apr 6, 2023 |
Financial Forecast
Revenue This Year
174.04M
from 137.51M
Increased by 26.56%
Revenue Next Year
190.25M
from 174.04M
Increased by 9.31%
EPS This Year
1.35
from 0.42
Increased by 220.57%
EPS Next Year
1.59
from 1.35
Increased by 18.43%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 179.5M | 195.9M |
| Avg | 174.0M | 190.3M |
| Low | 166.9M | 182.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 30.5% | 12.5% |
| Avg | 26.6% | 9.3% |
| Low | 21.4% | 5.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.44 | 1.77 |
| Avg | 1.35 | 1.59 |
| Low | 1.23 | 1.47 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 242.5% | 31.8% |
| Avg | 220.6% | 18.4% |
| Low | 191.7% | 9.2% |
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.