Shore Bancshares (SHBI) Expected to Announce Quarterly Earnings on Thursday

Shore Bancshares (NASDAQ:SHBI) is anticipated to announce its Q3 2026 results after the market closes on Thursday, October 22nd. Analysts expect Shore Bancshares to post earnings of $0.5350 per share and revenue of $61.31 million for the quarter. Investors may review the information on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 22, 2026 at 4:00 PM ET.

Shore Bancshares (NASDAQ:SHBI) last posted its quarterly earnings results on Thursday, July 23rd. The bank reported $0.60 EPS for the quarter, topping the consensus estimate of $0.50 by $0.10. The firm had revenue of $61.75 million for the quarter, compared to the consensus estimate of $60.42 million. Shore Bancshares had a net margin of 19.15% and a return on equity of 12.11%. On average, analysts expect Shore Bancshares to post $2.25 EPS for the current fiscal year and $2.27 EPS for the next fiscal year.

Shore Bancshares Trading Down 0.5%

SHBI stock opened at $22.43 on Tuesday. The company has a market capitalization of $748.49 million, a PE ratio of 10.44 and a beta of 0.82. 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 has a one year low of $14.93 and a one year high of $24.89. The company’s 50 day moving average price is $23.07 and its two-hundred day moving average price is $21.95.

Shore Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd were paid a $0.14 dividend. The ex-dividend date of this dividend was Wednesday, September 2nd. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.5%. Shore Bancshares’s dividend payout ratio is 28.28%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Keefe, Bruyette & Woods lifted their target price on shares of Shore Bancshares from $22.00 to $25.00 and gave the stock a “market perform” rating in a research report on Tuesday, July 28th. Weiss Ratings restated a “buy (b)” rating on shares of Shore Bancshares in a research report on Thursday. Zacks Research cut Shore Bancshares from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 30th. Hovde Group lifted their price objective on Shore Bancshares from $23.50 to $26.50 and gave the stock an “outperform” rating in a report on Monday, July 27th. Finally, DA Davidson initiated coverage on Shore Bancshares in a report on Monday, September 28th. They issued a “neutral” rating and a $25.00 price objective on the stock. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Shore Bancshares currently has an average rating of “Moderate Buy” and a consensus target price of $25.75.

About Shore Bancshares

Shore Bancshares, Inc was a financial holding company headquartered in Easton, Maryland. Through its principal banking subsidiary, Shore United Bank, the company provided banking and financial services to individuals, families, businesses and public-sector organizations.

Shore United Bank offered deposit accounts, residential and commercial real estate lending, business loans, consumer financing, treasury management and online banking services. The company also provided wealth management, investment and insurance-related services through affiliated businesses and served customers across Maryland’s Eastern Shore, portions of Delaware and other areas of the Mid-Atlantic region.

Shore Bancshares expanded its presence through the 2023 acquisition of Severn Bancorp, Inc and its subsidiary, Severn Savings Bank.