Shore Bancshares Inc's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 86 out of 394 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 21.38.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Shore Bancshares Inc is 6.84, ranking 234 out of 394 in the Banking Services industry. Its financial status is weak, and its operating efficiency is average. Its latest quarterly revenue reached 55.29M, representing a year-over-year increase of 12.07%, while its net profit experienced a year-over-year increase of 24.15%.
Key Metrics
The current valuation score of Shore Bancshares Inc is 7.61, ranking 216 out of 394 in the Banking Services industry. Its current P/E ratio is 10.13, which is 234.45% below the recent high of 33.88 and 34.19% above the recent low of 6.67.
The current earnings forecast score of Shore Bancshares Inc is 7.50, ranking 135 out of 394 in the Banking Services industry. The average price target is 18.25, with a high of 19.00 and a low of 18.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Shore Bancshares Inc is 6.68, ranking 230 out of 394 in the Banking Services industry. Currently, the stock price is trading between the resistance level at 19.77 and the support level at 18.60, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Shore Bancshares Inc is 7.00, ranking 70 out of 394 in the Banking Services industry. The latest institutional shareholding proportion is 72.92%, representing a quarter-over-quarter increase of 10.27%. The largest institutional shareholder is HOTCHKIS & WILEY, holding a total of 389.78K shares, representing 1.17% of shares outstanding, with 74.65% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Banking Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Shore Bancshares Inc is 7.64, ranking 164 out of 394 in the Banking Services industry. The company's beta value is 0.82. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
