Shore Bancshares (NASDAQ:SHBI) Stock Crosses Above Two Hundred Day Moving Average – Should You Sell?

15 Aug 2026, 11:40 by Scott Moore · The Cerbat Gem

Shore Bancshares Inc (NASDAQ:SHBI – Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $20.55 and traded as high as $24.26. Shore Bancshares shares last traded at $23.94, with a volume of 163,100 shares trading hands.

Analyst Ratings Changes

SHBI has been the topic of several research reports. Zacks Research lowered Shore Bancshares from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Shore Bancshares in a research report on Friday, July 17th. Piper Sandler boosted their target price on Shore Bancshares from $24.00 to $26.50 and gave the company an “overweight” rating in a report on Monday, July 27th. Keefe, Bruyette & Woods upped their target price on Shore Bancshares from $22.00 to $25.00 and gave the company a “market perform” rating in a research report on Tuesday, July 28th. Finally, Hovde Group raised their price target on Shore Bancshares from $23.50 to $26.50 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Shore Bancshares presently has an average rating of “Moderate Buy” and an average target price of $26.00.

Read Our Latest Report on Shore Bancshares

Shore Bancshares Stock Performance

The firm’s 50-day moving average is $23.10 and its 200 day moving average is $20.58. The stock has a market cap of $799.88 million, a PE ratio of 12.11 and a beta of 0.81. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.94 and a current ratio of 0.95.

Shore Bancshares (NASDAQ:SHBI – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The bank reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.10. The firm had revenue of $61.75 million during 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 12.11%. As a group, research analysts anticipate that Shore Bancshares Inc will post 2.26 EPS for the current year.

Shore Bancshares Increases Dividend

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

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

Hedge Funds Weigh In On Shore Bancshares

Several institutional investors have recently added to or reduced their stakes in SHBI. BlackRock Inc. purchased a new stake in Shore Bancshares during the 2nd quarter valued at approximately $73,784,000. The Manufacturers Life Insurance Company purchased a new position in shares of Shore Bancshares in the 2nd quarter valued at approximately $20,311,000. Jupiter Topco LLC purchased a new position in shares of Shore Bancshares in the 2nd quarter valued at approximately $17,110,000. Fourthstone LLC grew its stake in shares of Shore Bancshares by 61.6% in the 4th quarter. Fourthstone LLC now owns 918,202 shares of the bank’s stock valued at $16,234,000 after purchasing an additional 350,012 shares during the last quarter. Finally, Janus Henderson Group PLC increased its holdings in shares of Shore Bancshares by 578.2% in the first quarter. Janus Henderson Group PLC now owns 380,283 shares of the bank’s stock valued at $7,104,000 after purchasing an additional 324,208 shares during the period. Institutional investors and hedge funds own 59.76% of the company’s stock.

Shore Bancshares Company Profile

(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.