News stories about Shore Bancshares (NASDAQ:SHBI) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Shore Bancshares earned a news impact score of 0.05 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 45.8994335447431 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shore Bancshares (NASDAQ SHBI) traded up $0.04 during trading hours on Wednesday, hitting $18.38. 27,017 shares of the stock were exchanged, compared to its average volume of 26,041. Shore Bancshares has a 12 month low of $15.17 and a 12 month high of $19.80. The company has a market cap of $234.48, a price-to-earnings ratio of 20.65 and a beta of 0.31.
Shore Bancshares (NASDAQ:SHBI) last posted its quarterly earnings data on Thursday, January 25th. The bank reported $0.27 EPS for the quarter. Shore Bancshares had a net margin of 17.18% and a return on equity of 7.75%. The company had revenue of $16.71 million for the quarter.
Shore Bancshares Company Profile
Shore Bancshares, Inc is a financial holding company. The Company acts as the parent company to several financial institution and insurance entities. The Company has two business segments: Community Banking, and Insurance Products and Services. Its Community Banking segment provides services to consumers and small businesses on the Eastern Shore of Maryland and in Delaware.
Receive News & Ratings for Shore Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shore Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.