Shore Bancshares Inc

Shore Bancshares Inc Stock Forecast & Price Prediction

Live Shore Bancshares Inc Stock (SHBI) Price
$14.26

2

Ratings

  • Buy 2
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$14.26

P/E Ratio

29.66

Volume Traded Today

$59,920

Dividend

$0.12

52 Week High/low

14.99/9.66

Shore Bancshares Inc Market Cap

$464.4M

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SHBI Summary

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.

SHBI Analyst Ratings

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.

SHBI stock forecast by analyst

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

SHBI Company Information

  • Company Type: Bank holding company for Shore United Bank, N.A.
  • Target Customers: Individuals, businesses, and other organizations.
  • Core Banking Products:
    • Checking and savings accounts
    • Overnight investment sweep accounts
    • Money market accounts
    • Certificates of deposit (regular and IRA)
    • CDARS programs
    • Cash management services
  • Commercial Loan Offerings:
    • Secured and unsecured loans
    • Working capital loans
    • Lines of credit
    • Term loans
    • Accounts receivable financing
    • Real estate acquisition and development loans
    • Construction loans
    • Letters of credit
  • Residential Loan Offerings:
    • Residential real estate construction loans
    • Residential mortgage loans
    • Home equity loans
    • Automobile loans
    • Installment loans
    • Home improvement loans
    • Personal lines of credit
  • Additional Services:
    • Trust and asset management
    • Financial planning services
    • Treasury management services (e.g., merchant card processing, remote deposit capture)
    • Telephone, mobile, and Internet banking
    • Safe deposit boxes
    • Debit and credit cards
    • ATM services
  • Founded: 1876
  • Headquarters: Easton, Maryland
SHBI
Shore Bancshares Inc (SHBI)

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

Shore Bancshares Inc (SHBI) Financial Data

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

$63.3M

Revenue From 2021

$77.6M

22.55 %
From Previous Year

Revenue From 2022

$124.4M

60.24 %
From Previous Year

Revenue From 2023

$159.7M

28.35 %
From Previous Year
  • Revenue TTM $167.6M
  • Operating Margin TTM 38.5%
  • Gross profit TTM $0
  • Return on assets TTM 0.4%
  • Return on equity TTM 4.6%
  • Profit Margin 12.0%
  • Book Value Per Share 15.74%
  • Market capitalisation $464.4M
  • Revenue for 2021 $77.6M
  • Revenue for 2022 $124.4M
  • Revenue for 2023 $159.7M
  • EPS this year (TTM) $0.47

Shore Bancshares Inc (SHBI) Latest News

No news data available.

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SHBI Frequently asked questions

The highest forecasted price for SHBI is $15.5 from at .

The lowest forecasted price for SHBI is $15 from Catherine Mealor from Keefe, Bruyette & Woods

The SHBI analyst ratings consensus are 2 buy ratings, 0 hold ratings, and 0 sell ratings.