Shore Bancshares Inc (NASDAQ:SHBI) Given Consensus Recommendation of “Moderate Buy” by Analysts

Posted by Francis Steltz on Jul 27th, 2026

Shore Bancshares Inc (NASDAQ:SHBI – Get Free Report) has earned an average rating of “Moderate Buy” from the five ratings firms that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $22.00.

A number of brokerages have commented on SHBI. Piper Sandler raised their price target on shares of Shore Bancshares from $22.00 to $24.00 and gave the stock an “overweight” rating in a research note on Friday, June 26th. Weiss Ratings reissued a “buy (b)” rating on shares of Shore Bancshares in a report on Friday, July 17th. Zacks Research downgraded Shore Bancshares from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 30th. Finally, Keefe, Bruyette & Woods restated a “market perform” rating and set a $20.00 target price on shares of Shore Bancshares in a research report on Thursday, April 9th.

Read Our Latest Analysis on Shore Bancshares

Institutional Investors Weigh In On Shore Bancshares

Hedge funds have recently made changes to their positions in the company. Chapin Davis Inc. acquired a new stake in shares of Shore Bancshares during the 2nd quarter worth about $224,000. Parallel Advisors LLC grew its stake in Shore Bancshares by 6,263.2% during the first quarter. Parallel Advisors LLC now owns 4,836 shares of the bank’s stock worth $90,000 after buying an additional 4,760 shares during the last quarter. Bank of America Corp DE grew its stake in Shore Bancshares by 38.3% during the first quarter. Bank of America Corp DE now owns 76,925 shares of the bank’s stock worth $1,437,000 after buying an additional 21,308 shares during the last quarter. Janus Henderson Group PLC grew its stake in Shore Bancshares by 578.2% during the first quarter. Janus Henderson Group PLC now owns 380,283 shares of the bank’s stock worth $7,104,000 after buying an additional 324,208 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of Shore Bancshares by 4.2% during the first quarter. Royal Bank of Canada now owns 28,101 shares of the bank’s stock worth $525,000 after buying an additional 1,139 shares in the last quarter. Institutional investors and hedge funds own 59.76% of the company’s stock.

Shore Bancshares Stock Performance

Shares of Shore Bancshares stock opened at $23.61 on Monday. The firm has a market capitalization of $789.99 million, a PE ratio of 11.92 and a beta of 0.82. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.95 and a quick ratio of 0.94. The company’s fifty day moving average price is $21.92 and its two-hundred day moving average price is $19.96. Shore Bancshares has a 52-week low of $14.93 and a 52-week high of $23.92.

Shore Bancshares (NASDAQ:SHBI – Get Free Report) last posted its earnings results on Thursday, July 23rd. The bank reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.10. The business had revenue of $61.84 million for the quarter, compared to analysts’ expectations of $60.42 million. Shore Bancshares had a net margin of 19.15% and a return on equity of 12.24%. On average, analysts expect that Shore Bancshares will post 2.12 EPS for the current year.

Shore Bancshares announced that its Board of Directors has approved a stock buyback plan on Thursday, May 21st that permits the company to repurchase $30.00 million in outstanding shares. This repurchase authorization permits the bank to buy up to 4.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Shore Bancshares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd were issued a dividend of $0.14 per share. The ex-dividend date of this dividend was Wednesday, June 3rd. This is a boost from Shore Bancshares’s previous quarterly dividend of $0.12. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.4%. Shore Bancshares’s dividend payout ratio (DPR) is 28.28%.

About Shore Bancshares

(Get Free Report)

Shore Bancshares, Inc (NASDAQ: SHBI) is the bank holding company for Shore Community Bank, a commercial bank headquartered in Mount Holly, New Jersey. The company provides a full suite of banking and financial services to individuals and businesses, including deposit accounts, consumer and commercial lending, mortgage financing, and cash management solutions. Through its branch network, Shore Bancshares focuses on delivering community-oriented banking services with an emphasis on personalized customer relationships.

Shore Community Bank’s lending portfolio includes commercial real estate, construction loans, agricultural loans, small business loans under government-sponsored programs, and conventional residential mortgages.