Shore Bancshares share price today

(SHBI)

Shore Bancshares share price is $16.01 & ₹1,360.47 as on 21 Dec 2024, 2.30 'hrs' IST

$16.01

▲

0.28

(1.78%)

Market is closed - opens 8 PM, 23 Dec 2024

View live Shore Bancshares share price in Dollar and Rupees. Guide to invest in Shore Bancshares from India. Also see the sentimental analysis on Indian investors investing in Shore Bancshares. Get details on the Indian mutual funds that are investing in Shore Bancshares. Get Analyst recommendations and forecasts along with all the Shore Bancshares's financials.

Shore Bancshares share price movements

Today's Low: $15.63
Today's High: $16.11
$16.01
2.37%
Downside
Day's Volatility :2.95%
Upside
0.59%
52 Weeks Low: $10.06
52 Weeks High: $17.61
$16.01
37.16%
Downside
52 Weeks Volatility :42.87%
Upside
9.09%

Shore Bancshares Returns

Period	Shore Bancshares Inc	Index (Russel 2000)
3 Months	13.31%	0.0%
6 Months	51.75%	0.0%
1 Year	12.83%	0.0%
3 Years	-19.91%	-19.7%

Shore Bancshares Key Statistics

in dollars & INR

Previous Close	$15.73
Open	$15.55
Today's High	$16.105
Today's Low	$15.63
Market Capitalization	$524.2M
Today's Volume	$231.9K
52 Week High	$17.61
52 Week Low	$10.06
Revenue TTM	$193.0M
Earnings Per Share (EPS)	$1.31
PE Ratio	12.01
Dividend Yield	3.05%
Profit Margin	21.29%
Quarterly Earnings Growth YOY	0.69%
Return On Equity TTM	7.94%

How to invest in Shore Bancshares from India?

It is very easy for Indian residents to invest directly in Shore Bancshares from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Shore Bancshares stock in both Indian Rupees (INR) and US Dollars (USD). Search for Shore Bancshares or SHBI on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Shore Bancshares or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Shore Bancshares shares which would translate to 0.053 fractional shares of Shore Bancshares as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India , including recognised companies like Shore Bancshares, in just a few clicks!

Returns in Shore Bancshares for Indian investors in Rupees

Investment Value

₹1,00,000

Shore Bancshares investment value today

Current value as on today

₹1,15,022

Returns

₹15,022

(+15.02%)

Returns from Shore Bancshares Stock

₹12,826 (+12.83%)

Dollar Returns

₹2,196 (+2.2%)

Indian investors sentiment towards Shore Bancshares

150%

Period: Sep 21, 2024 to Dec 20, 2024. Change in 30 Days versus previous period

Search volume for Shore Bancshares on INDmoney from India has grown in the last 30 days as on Dec 21, 2024. 150% more investors are searching Shore Bancshares in the last 30 days versus the previous period.

Global Institutional Holdings in Shore Bancshares

Fourthstone LLC
9.99%
BlackRock Inc
9.29%
Vanguard Group Inc
5.07%
Dimensional Fund Advisors, Inc.
3.87%
Manufacturers Life Insurance Co
2.89%
Geode Capital Management, LLC
2.14%

Analyst Recommendation on Shore Bancshares

Buy

77%Buy

22%Hold

0%Sell

Based on 9 Wall street analysts offering stock ratings for Shore Bancshares(by analysts ranked 0 to 5 stars)

Based on 9 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Shore Bancshares

What analysts predicted

Upside of 18.68%

Current:

$16.01

Target:

$19.00

Insights on Shore Bancshares

Price Movement
In the last 6 months, SHBI stock has moved up by 52.5%
Decreasing Revenue
Revenue is down for the last 2 quarters, 81.54M → 50.55M (in $), with an average decrease of 38.0% per quarter
Decreasing Net Profit
Netprofit is down for the last 2 quarters, 11.23M → 11.18M (in $), with an average decrease of 0.4% per quarter
SHBI vs MFG (1 yr)
In the last 1 year, Mizuho Financial Group, Inc. has given 46.1% return, outperforming this stock by 31.6%
SHBI vs MFG (3 yr)
In the last 3 years, Mizuho Financial Group, Inc. has given 90.5% return, outperforming this stock by 108.5%
Price to Sales
ForSHBI every $1 of sales, investors are willing to pay $2.8, whereas for Mizuho Financial Group, Inc., the investors are paying $0.0 for every $1 of sales.

Shore Bancshares Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$69.0M	↑ 9.02%
Net Income	$25.0M	↑ 121.96%
Net Profit Margin	36.23%	↑ 18.43%

	FY19	Y/Y Change
Revenue	$60.2M	↓ 12.81%
Net Income	$16.2M	↓ 35.2%
Net Profit Margin	26.93%	↓ 9.3%

	FY20	Y/Y Change
Revenue	$63.3M	↑ 5.31%
Net Income	$15.7M	↓ 2.89%
Net Profit Margin	24.83%	↓ 2.1%

	FY21	Y/Y Change
Revenue	$77.6M	↑ 22.55%
Net Income	$15.4M	↓ 2.3%
Net Profit Margin	19.8%	↓ 5.03%

	FY22	Y/Y Change
Revenue	$124.4M	↑ 60.24%
Net Income	$31.2M	↑ 102.87%
Net Profit Margin	25.06%	↑ 5.26%

	FY23	Y/Y Change
Revenue	$128.7M	↑ 3.46%
Net Income	$11.2M	↓ 63.99%
Net Profit Margin	8.72%	↓ 16.34%

	Q2 FY23	Q/Q Change
Revenue	$27.8M	↓ 10.36%
Net Income	$4.0M	↓ 37.77%
Net Profit Margin	14.46%	↓ 6.37%

	Q3 FY23	Q/Q Change
Revenue	$51.8M	↑ 86.38%
Net Income	$-6.4M	↓ 258.89%
Net Profit Margin	-12.33%	↓ 26.79%

	Q4 FY23	Q/Q Change
Revenue	$78.7M	↑ 51.93%
Net Income	$10.5M	↓ 264.32%
Net Profit Margin	13.33%	↑ 25.66%

	Q1 FY24	Q/Q Change
Revenue	$77.7M	↓ 1.24%
Net Income	$8.2M	↓ 21.98%
Net Profit Margin	10.53%	↓ 2.8%

	Q2 FY24	Q/Q Change
Revenue	$81.5M	↑ 4.94%
Net Income	$11.2M	↑ 37.27%
Net Profit Margin	13.78%	↑ 3.25%

	Q3 FY24	Q/Q Change
Revenue	$50.6M	↓ 38.01%
Net Income	$11.2M	↓ 0.4%
Net Profit Margin	22.13%	↑ 8.35%

	FY18	Y/Y Change
Profit	$59.1M	↓ 5.77%

	FY19	Y/Y Change
Profit	$60.2M	↑ 1.73%

	FY20	Y/Y Change
Profit	$63.3M	↑ 5.31%

	FY21	Y/Y Change
Profit	$77.6M	↑ 22.55%

	FY22	Y/Y Change
Profit	$124.4M	↑ 60.24%

	FY23	Y/Y Change
Profit	$128.7M	↑ 3.46%

	Q2 FY23	Q/Q Change
Profit	$27.8M	↓ 10.36%

	Q3 FY23	Q/Q Change
Profit	$51.8M	↑ 86.38%

	Q4 FY23	Q/Q Change
Profit	$78.7M	↑ 51.93%

	Q1 FY24	Q/Q Change
Profit	$77.7M	↓ 1.24%

	Q2 FY24	Q/Q Change
Profit	$81.5M	↑ 4.94%

	Q3 FY24	Q/Q Change
Profit	$82.0M	↑ 0.53%

	FY18	Y/Y Change
Operating Cash Flow	$18.3M	↑ 4.93%
Investing Cash Flow	$-42.5M	↓ 39.54%
Financing Cash Flow	$59.6M	↑ 587.57%

	FY19	Y/Y Change
Operating Cash Flow	$13.7M	↓ 24.89%
Investing Cash Flow	$-45.7M	↑ 7.59%
Financing Cash Flow	$59.7M	↑ 0.2%

	FY20	Y/Y Change
Operating Cash Flow	$18.4M	↑ 34.1%
Investing Cash Flow	$-280.1M	↑ 513.16%
Financing Cash Flow	$353.6M	↑ 492.48%

	FY21	Y/Y Change
Operating Cash Flow	$-7.5M	↓ 140.71%
Investing Cash Flow	$38.2M	↓ 113.64%
Financing Cash Flow	$366.0M	↑ 3.51%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$-570.0K	↓ 105.08%
Investing Cash Flow	$-76.5M	↓ 25.79%
Financing Cash Flow	$85.2M	↑ 14.99%

Shore Bancshares Technicals Summary

Sell

Neutral

Buy

Shore Bancshares is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Shore Bancshares Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Shore Bancshares Inc	-0.99%	51.75%	12.83%	-19.91%	-6.65%
Icici Bank Ltd.	1.61%	7.68%	27.2%	56.43%	101.06%
Pnc Financial Services Group, Inc.	-6.31%	24.44%	26.42%	-2.21%	20.83%
U.s. Bancorp	-6.75%	18.18%	10.14%	-14.54%	-19.57%
Truist Financial Corp	-7.46%	15.64%	17.85%	-24.45%	-22.92%
Mizuho Financial Group, Inc.	-3.98%	22.03%	42.6%	86.82%	55.99%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Shore Bancshares Inc	12.01	12.01	1.78	1.33	0.08	0.01	0.03	16.0
Icici Bank Ltd.	19.28	19.28	0.0	1.36	0.19	0.02	0.01	397.44
Pnc Financial Services Group, Inc.	16.05	16.05	1.89	13.41	0.1	0.01	0.03	124.56
U.s. Bancorp	14.59	14.59	1.16	3.91	0.1	0.01	0.04	33.35
Truist Financial Corp	8.99	NA	1.94	3.69	-0.1	-0.01	0.05	44.46
Mizuho Financial Group, Inc.	11.33	11.33	1.05	1.14	0.07	0.0	0.03	4037.29

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Shore Bancshares Inc	Buy	$524.2M	-6.65%	12.01	21.29%
Icici Bank Ltd.	Buy	$106.7B	101.06%	19.28	28.91%
Pnc Financial Services Group, Inc.	Buy	$75.4B	20.83%	16.05	25.11%
U.s. Bancorp	Hold	$74.0B	-19.57%	14.59	22.02%
Truist Financial Corp	Buy	$56.5B	-22.92%	8.99	-10.68%
Mizuho Financial Group, Inc.	Buy	$63.0B	55.99%	11.33	21.91%

About Shore Bancshares

shore united bank is a full-service community bank with a rich history dating back to 1876. our bank was formed by the union of two sister banks, formerly cnb and the talbot bank. together, we offer innovative banking services delivered with the personal touch you expect from a community bank. we are built around the character of our people and committed to the success of our clients and our communities. in excess of one billion in assets, shore united bank is a member of the shore bancshares community of companies, the largest independent financial services company on the delmarva peninsula to offer banking, insurance and investment services to families and businesses in the mid-atlantic region. our community of companies also includes: • wye financial & trust • avon-dixon agency • freestate and son • elliott wilson insurance (trucking) • jack martin & associates (boat & yacht insurance) together, our team of experienced professionals is dedicated to helping our clients navigate towar

Organization	Shore Bancshares
Employees	610
CEO	Mr. James M. Burke
Industry	Finance

Management People of Shore Bancshares

Name	Title
Mr. James M. Burke	President, CEO & Director
Ms. Donna J. Stevens	Executive VP & COO
Ms. Christy M. Lombardi	Executive VP & Chief Human Resources Officer
Charles F. Kade III	Senior VP & Chief Information Officer
Ms. Lacey Amanda Pierce	Executive VP & Chief Administrative Officer
Ms. Andrea E. Colender	Executive VP, Chief Legal Officer & Corporate Secretary
Mr. Brian Scot Ebron	Executive VP & Chief Banking Officer
Mr. Charles E. Ruch Jr.	Executive VP & Chief Credit Officer
Mr. Talal Tay	Executive VP & Chief Risk Officer

Important FAQs about investing in Shore Bancshares from India :

What is Shore Bancshares share price today?

Shore Bancshares share price today stands at $16.01, Open: $15.55 ; Previous Close: $15.73 ; High: $16.11 ; Low: $15.63 ; 52 Week High: $17.61 ; 52 Week Low: $10.06. The stock opens at $15.55, after a previous close of $15.73. The stock reached a daily high of $16.11 and a low of $15.63, with a 52-week high of $17.61 and a 52-week low of $10.06.

Can Indians buy Shore Bancshares shares?

Yes, Indians can invest in the Shore Bancshares (SHBI) from India.

With INDmoney, you can buy Shore Bancshares at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Shore Bancshares at zero transaction cost.

How can I buy Shore Bancshares shares from India?

It is very easy to buy Shore Bancshares from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Shore Bancshares be purchased?

Yes, you can buy fractional shares of Shore Bancshares with INDmoney app.

What are the documents required to start investing in Shore Bancshares stocks?

To start investing in Shore Bancshares, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.