Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
In the latest session, Shore Bancshares Inc (NASDAQ: SHBI) closed at $16.63 up 1.77% from its previous closing price of $16.34. In other words, the price has increased by $1.77 from its previous closing price. On the day, 0.12 million shares were traded. SHBI stock price reached its highest trading level at $16.71 during the session, while it also had its lowest trading level at $16.48.
Ratios:
For a deeper understanding of Shore Bancshares Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.24.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Piper Sandler on February 06, 2025, initiated with a Overweight rating and assigned the stock a target price of $20.
On December 04, 2024, Keefe Bruyette Upgraded its rating to Outperform which previously was Mkt Perform and also upped its target price recommendation from $16 to $20.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 30 ’25 when LAMON JOHN bought 250 shares for $14.55 per share. The transaction valued at 3,638 led to the insider holds 62,132 shares of the business.
Willey Dawn M. bought 1,000 shares of SHBI for $14,578 on May 30 ’25. The Director now owns 17,591 shares after completing the transaction at $14.58 per share. On May 30 ’25, another insider, Streete Esther A., who serves as the Director of the company, bought 30 shares for $14.58 each. As a result, the insider paid 437 and bolstered with 657 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SHBI now has a Market Capitalization of 555014592 and an Enterprise Value of 271473440. As of this moment, Shore’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.21, and their Forward P/E ratio for the next fiscal year is 9.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.67 while its Price-to-Book (P/B) ratio in mrq is 1.00. Its current Enterprise Value per Revenue stands at 1.346.
Stock Price History:
The Beta on a monthly basis for SHBI is 1.02, which has changed by 0.5022583 over the last 52 weeks, in comparison to a change of 0.12792087 over the same period for the S&P500. Over the past 52 weeks, SHBI has reached a high of $17.61, while it has fallen to a 52-week low of $11.03. The 50-Day Moving Average of the stock is 13.12%, while the 200-Day Moving Average is calculated to be 11.90%.
Shares Statistics:
For the past three months, SHBI has traded an average of 163.78K shares per day and 202210 over the past ten days. A total of 33.37M shares are outstanding, with a floating share count of 29.97M. Insiders hold about 10.21% of the company’s shares, while institutions hold 57.50% stake in the company. Shares short for SHBI as of 1749772800 were 392912 with a Short Ratio of 2.40, compared to 1747267200 on 385288. Therefore, it implies a Short% of Shares Outstanding of 392912 and a Short% of Float of 1.2899999500000001.
Dividends & Splits
According to the company, the forward annual dividend rate for SHBI is 0.48, from 0.48 in the trailing year. Against a Trailing Annual Dividend Yield of 0.029375767The stock’s 5-year Average Dividend Yield is 3.31. The current Payout Ratio is 36.40% for SHBI, which recently paid a dividend on 2025-05-12 with an ex-dividend date of 1747008000. Stock splits for the company last occurred on 2006-06-06 when the company split stock in a 3:2 ratio.
