Research Analysts’ Recent Ratings Changes for Shore Bancshares (SHBI)

Shore Bancshares (NASDAQ: SHBI) has recently received a number of price target changes and ratings updates:

  • 7/28/2026 – Shore Bancshares had its price target raised by Keefe, Bruyette & Woods from $22.00 to $25.00. They now have a “market perform” rating on the stock.
  • 7/27/2026 – Shore Bancshares had its price target raised by Piper Sandler from $24.00 to $26.50. They now have an “overweight” rating on the stock.
  • 7/27/2026 – Shore Bancshares had its price target raised by Hovde Group from $23.50 to $26.50. They now have an “outperform” rating on the stock.
  • 7/17/2026 – Shore Bancshares had its “buy (b)” rating reaffirmed by Weiss Ratings.
  • 6/30/2026 – Shore Bancshares was downgraded by Zacks Research from “strong-buy” to “hold”.
  • 6/26/2026 – Shore Bancshares had its price target raised by Piper Sandler from $22.00 to $24.00. They now have an “overweight” rating on the stock.

Shore Bancshares Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd were issued a dividend of $0.14 per share. This is an increase from Shore Bancshares’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Wednesday, June 3rd. Shore Bancshares’s dividend payout ratio is currently 28.28%.

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.

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