The Shore Bancshares Inc (SHBI) share price is expected to increase by 6.94% over the next year. This is based on calculating the average 12-month share price estimate provided by 2 stock analysts who have covered SHBI. Price targets range from $15 at the low end to $15.5 at the high end. The current analyst consensus for SHBI is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 2 Wall Street analysts have assigned SHBI 2 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Shore Bancshares Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on SHBI. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of SHBI.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
John Rodis Janney Montgomery Scott | Neutral | Downgrade | Jul 30, 2024 | |
Catherine Mealor Keefe, Bruyette & Woods | Market Perform | $15 | Maintains | Jul 26, 2024 |
Catherine Mealor Keefe, Bruyette & Woods | Market Perform | $13 | Maintains | May 3, 2024 |
John Rodis Janney Montgomery Scott | Buy | Upgrade | Aug 15, 2023 | |
Casey Orr Whitman Piper Sandler | Overweight | $16 | Maintains | Jul 11, 2023 |
Catherine Mealor Keefe, Bruyette & Woods | Market Perform | $14 | Maintains | May 23, 2023 |
Catherine Mealor Keefe, Bruyette & Woods | Market Perform | $16 | Maintains | Apr 6, 2023 |
Catherine Mealor Keefe, Bruyette & Woods | Market Perform | $18 | Maintains | Mar 3, 2023 |
Christopher Mcgratty Keefe, Bruyette & Woods | Market Perform | $22 | Downgrade | Dec 13, 2022 |
Casey Orr Whitman Piper Sandler | Overweight | $22 | Reinstates | Dec 5, 2022 |
John Rodis Janney Montgomery Scott | Neutral | Initiates | Aug 31, 2022 | |
Casey Orr Whitman Piper Sandler | Overweight | $22 | Upgrade | Nov 4, 2021 |
Catherine Mealor Keefe, Bruyette & Woods | Outperform | $20 | Upgrade | Mar 8, 2021 |
Keefe Bruyette & Woods | Outperform | Initiates | Jul 16, 2018 | |
Keefe, Bruyette & Woods | Outperform | Initiates | Jul 16, 2018 | |
Merion Capital Group | Buy | Initiates | Mar 11, 2016 | |
Merion Capital | Buy | Initiates | Mar 11, 2016 | |
Sandler O'Neill | Buy | Upgrade | Apr 30, 2013 | |
Piper Sandler | Buy | $8.75 | Upgrade | Apr 30, 2013 |
When did it IPO
N/A
Staff Count
610
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. James M. Burke
Market Cap
$464.4M
In 2023, SHBI generated $159.7M in revenue, which was a increase of 28.35% from the previous year. This can be seen as a signal that SHBI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
No news data available.