Shore Bancshares Inc [SHBI] stock is trading at $13.94, up 1.53%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SHBI shares have gain 4.42% over the last week, with a monthly amount drifted -14.22%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Shore Bancshares Inc [NASDAQ: SHBI] stock has seen the most recent analyst activity on February 06, 2025, when Piper Sandler initiated its Overweight rating and assigned the stock a price target of $20. Previously, Keefe Bruyette upgraded its rating to Outperform on December 04, 2024, and elevated its price target to $20. On July 30, 2024, downgrade downgraded it’s rating to Neutral. Janney upgraded its rating to a Buy. Keefe Bruyette downgraded its rating to a Mkt Perform but $22 remained the price target by the analyst firm on December 13, 2022. In a note dated August 31, 2022, Janney initiated an Neutral rating.
Shore Bancshares Inc [SHBI] stock has fluctuated between $10.06 and $17.61 over the past year. Shore Bancshares Inc [NASDAQ: SHBI] shares were valued at $13.94 at the most recent close of the market.
Analyzing the SHBI fundamentals
Shore Bancshares Inc [NASDAQ:SHBI] reported sales of 326.49M for the trailing twelve months, which represents a growth of 8.35%. Gross Profit Margin for this corporation currently stands at 1.12% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.08 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.25.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.76 points at the first support level, and at 13.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.09, and for the 2nd resistance point, it is at 14.25.
Ratios To Look Out For
For context, Shore Bancshares Inc’s Current Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 1.42, the price to book ratio is 0.86 and price to earnings (TTM) ratio is 10.57.
Transactions by insiders
Recent insider trading involved STEVENS DONNA J., EVP, Chief Operating Officer, that happened on Feb 20 ’25 when 315.0 shares were purchased. Director, Adams Michael Brian completed a deal on Feb 04 ’25 to buy 965.0 shares. Meanwhile, Director WAYSON KONRAD bought 3000.0 shares on Nov 25 ’24.
