Keefe, Bruyette & Woods Boosts Shore Bancshares (NASDAQ:SHBI) Price Target to $20.00

Shore Bancshares (NASDAQ:SHBI) had its price objective boosted by equities research analysts at Keefe, Bruyette & Woods from $18.00 to $20.00 in a report issued on Monday,Benzinga reports. The firm presently has an “outperform” rating on the bank’s stock. Keefe, Bruyette & Woods’ target price would suggest a potential upside of 1.27% from the stock’s current price.

A number of other equities research analysts also recently weighed in on the company. Piper Sandler boosted their price target on Shore Bancshares from $18.00 to $18.50 and gave the company an “overweight” rating in a report on Friday, November 14th. Hovde Group began coverage on shares of Shore Bancshares in a report on Wednesday, November 19th. They issued an “outperform” rating and a $19.00 price objective for the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Shore Bancshares in a report on Thursday, January 22nd. Finally, Wall Street Zen downgraded shares of Shore Bancshares from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $20.17.

Shore Bancshares Stock Performance

Shares of Shore Bancshares stock opened at $19.75 on Monday. The firm has a market cap of $660.24 million, a PE ratio of 11.10 and a beta of 0.92. The firm’s 50-day simple moving average is $18.16 and its 200-day simple moving average is $16.93. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.95 and a current ratio of 0.96. Shore Bancshares has a 1 year low of $11.47 and a 1 year high of $19.94.

Shore Bancshares (NASDAQ:SHBI) last posted its quarterly earnings results on Wednesday, January 28th. The bank reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.04. Shore Bancshares had a return on equity of 11.62% and a net margin of 17.36%.The business had revenue of $59.20 million during the quarter, compared to the consensus estimate of $57.55 million. Equities analysts forecast that Shore Bancshares will post 1.59 earnings per share for the current fiscal year.

Insider Transactions at Shore Bancshares

In other news, EVP Aaron Michael Kaslow purchased 6,500 shares of Shore Bancshares stock in a transaction dated Tuesday, November 18th. The stock was bought at an average price of $15.56 per share, with a total value of $101,140.00. Following the completion of the acquisition, the executive vice president owned 6,500 shares in the company, valued at $101,140. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders acquired 7,700 shares of company stock valued at $121,994 in the last quarter. Company insiders own 8.57% of the company’s stock.

Institutional Trading of Shore Bancshares

Large investors have recently modified their holdings of the company. IFP Advisors Inc boosted its stake in Shore Bancshares by 31,320.0% during the 2nd quarter. IFP Advisors Inc now owns 1,571 shares of the bank’s stock valued at $25,000 after purchasing an additional 1,566 shares during the period. EverSource Wealth Advisors LLC acquired a new position in shares of Shore Bancshares during the second quarter worth approximately $31,000. Geneos Wealth Management Inc. bought a new position in Shore Bancshares in the 4th quarter worth approximately $48,000. PNC Financial Services Group Inc. grew its holdings in Shore Bancshares by 108.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 3,020 shares of the bank’s stock worth $47,000 after buying an additional 1,571 shares in the last quarter. Finally, Federated Hermes Inc. increased its position in Shore Bancshares by 168.7% in the 3rd quarter. Federated Hermes Inc. now owns 3,471 shares of the bank’s stock valued at $57,000 after acquiring an additional 2,179 shares during the period. Institutional investors and hedge funds own 59.76% of the company’s stock.

Trending Headlines about Shore Bancshares

Here are the key news stories impacting Shore Bancshares this week:

• Positive Sentiment: Piper Sandler initiated a Buy on SHBI, adding institutional endorsement that can attract new investor demand and support the rally. Shore Bancshares (SHBI) Gets a Buy from Piper Sandler
• Positive Sentiment: Hovde Group raised its price target to $22 and kept an “outperform” rating — implying ~11% upside from current levels — reinforcing bullish analyst sentiment and giving traders a clear upside benchmark. TickerReport: Hovde Group raises price target
• Positive Sentiment: Keefe, Bruyette & Woods also raised its target to $20 with an “outperform” view, adding to the consensus upgrade trend (smaller implied upside but incremental validation). Benzinga: KBW raises target
• Positive Sentiment: Zacks moved SHBI to a Rank #2 (Buy), signaling improving earnings expectations that may prompt short-term buying from retail and quant-driven funds. Zacks: SHBI upgraded to Buy
• Positive Sentiment: Shore reported its 2025 Q4 and full-year results (quarterly EPS and revenue exceeded estimates) and released an investor presentation that highlights core performance metrics — these fundamentals-supporting results underpin the analyst upgrades and the stock’s strength. Press release: Q4 & annual results Investor presentation: Q4 2025 performance
• Neutral Sentiment: A Zacks feature notes SHBI is at a 52-week high and examines whether further upside is likely; this piece is analytical rather than news-driving, useful for investors assessing if momentum is overextended. Zacks: 52-week high analysis

Shore Bancshares Company Profile

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.

Shore Community Bank’s lending portfolio includes commercial real estate, construction loans, agricultural loans, small business loans under government-sponsored programs, and conventional residential mortgages.