Shore Bancshares - SHBI Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $14.50
  • Forecasted Upside: 38.23%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$10.49
▼ -0.18 (-1.69%)

This chart shows the closing price for SHBI by one month, three months, or twelve months.

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Analyst Price Target for SHBI

Analyst Price Target is $14.50
▲ +38.23% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Shore Bancshares in the last 3 months. The average price target is $14.50, with a high forecast of $16.00 and a low forecast of $13.00. The average price target represents a 38.23% upside from the last price of $10.49.

This chart shows the closing price for SHBI for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 2 contributing investment analysts is to moderate buy stock in Shore Bancshares. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

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  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/22/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/22/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/20/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/18/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/17/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/16/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/15/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/14/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/3/2024Keefe, Bruyette & WoodsLower TargetMarket Perform ➝ Market Perform$14.00 ➝ $13.00Low
8/15/2023Janney Montgomery ScottUpgradeNeutral ➝ BuyLow
7/11/2023Piper SandlerLower Target$22.00 ➝ $16.00Low
4/6/2023Keefe, Bruyette & WoodsLower TargetMarket Perform$18.00 ➝ $16.00N/A
3/3/2023Keefe, Bruyette & WoodsLower TargetMarket Perform$22.00 ➝ $18.00Low
12/12/2022Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market Perform$22.00Low
12/5/2022Piper SandlerReiterated RatingOverweight$22.00Low
8/31/2022Janney Montgomery ScottInitiated CoverageNeutralLow
11/4/2021Piper SandlerUpgradeNeutral ➝ Overweight$15.00 ➝ $22.00Low
3/8/2021Keefe, Bruyette & WoodsUpgradeMarket Perform ➝ Outperform$15.00 ➝ $20.00High
(Data available from 6/14/2019 forward)

News Sentiment Rating

1.86 (Strong Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
11/17/2023
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/17/2023
  • 2 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
1/16/2024
  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/15/2024
  • 2 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
3/16/2024
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/15/2024
  • 0 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
5/15/2024
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/14/2024

Current Sentiment

  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

  • No positive mentions tracked during this time.
Shore Bancshares logo
Shore Bancshares, Inc. operates as a bank holding company for the Shore United Bank, N.A. that provides various commercial and consumer banking products and services to individuals, businesses, and other organizations. It offers checking, savings, overnight investment sweep, and money market accounts; and regular and IRA certificates of deposit, as well as CDARS programs and cash management services. The company also provides commercial loans, such as secured and unsecured loans, working capital loans, lines of credit, term loans, accounts receivable financing, real estate acquisition and development loans, construction loans, and letters of credit; residential real estate construction loans; residential mortgage loans; and loans to consumers, including home equity, automobile, installment, home improvement, and personal lines of credit, as well as other consumer financing products. In addition, it offers trust, asset management, and financial planning services; treasury management services, such as merchant card processing, remote deposit capture, and ACH origination, as well as telephone, mobile, and Internet banking services; safe deposit boxes; debit and credit cards; and automatic teller machine services. Shore Bancshares, Inc. was founded in 1876 and is headquartered in Easton, Maryland.
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Today's Range

Now: $10.49
Low: $10.44
High: $10.58

50 Day Range

MA: $10.87
Low: $10.08
High: $11.67

52 Week Range

Now: $10.49
Low: $9.66
High: $14.51

Volume

45,712 shs

Average Volume

76,845 shs

Market Capitalization

$348.48 million

P/E Ratio

18.09

Dividend Yield

4.41%

Beta

0.97

Frequently Asked Questions

What sell-side analysts currently cover shares of Shore Bancshares?

The following equities research analysts have issued stock ratings on Shore Bancshares in the last twelve months: Janney Montgomery Scott, Keefe, Bruyette & Woods, Piper Sandler, StockNews.com, and TheStreet.
View the latest analyst ratings for SHBI.

What is the current price target for Shore Bancshares?

2 Wall Street analysts have set twelve-month price targets for Shore Bancshares in the last year. Their average twelve-month price target is $14.50, suggesting a possible upside of 38.2%. Piper Sandler has the highest price target set, predicting SHBI will reach $16.00 in the next twelve months. Keefe, Bruyette & Woods has the lowest price target set, forecasting a price of $13.00 for Shore Bancshares in the next year.
View the latest price targets for SHBI.

What is the current consensus analyst rating for Shore Bancshares?

Shore Bancshares currently has 1 hold rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for SHBI.

What other companies compete with Shore Bancshares?

How do I contact Shore Bancshares' investor relations team?

Shore Bancshares' physical mailing address is 18 E. DOVER STREET EASTON MARYLAND, EASTON MD, 21601. The bank's listed phone number is (410) 763-7800 and its investor relations email address is [email protected]. The official website for Shore Bancshares is www.shoreunitedbank.com. Learn More about contacing Shore Bancshares investor relations.