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Shore Bancshares Analyst Ratings

SHBINASDAQ
Logo brought to you by Benzinga Data
$18.62
-0.13-0.69%
At close: Dec 15, 4:00 PM EST
$18.62
N/A
After Hours: 4:00 PM EST
Consensus Rating1
Outperform
Highest Price Target1
$20.00
Lowest Price Target1
$16.00
Consensus Price Target1
$18.38

Shore Bancshares Analyst Ratings and Price Targets | NASDAQ:SHBI | Benzinga

Shore Bancshares Inc has a consensus price target of $18.38 based on the ratings of 5 analysts. The high is $20 issued by Keefe, Bruyette & Woods on December 4, 2024. The low is $16 issued by Piper Sandler on July 11, 2023. The 3 most-recent analyst ratings were released by Hovde Group, Piper Sandler, and Keefe, Bruyette & Woods on November 19, 2025, November 14, 2025, and December 4, 2024, respectively. With an average price target of $19.17 between Hovde Group, Piper Sandler, and Keefe, Bruyette & Woods, there's an implied 2.94% upside for Shore Bancshares Inc from these most-recent analyst ratings.

Analyst Trends and Forecast

2
Nov
Buy
Hold
Sell
Strong Sell

Analyst Rating and Forecast

12345
4.6
Strong Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Hovde Group
Piper Sandler
Keefe, Bruyette & Woods
Piper Sandler

1calculated from analyst ratings

Analyst Ratings for Shore Bancshares

Get Alert
Nov 19, 2025
2.04%
19
Previous
Initiates
Current
Outperform
Get Alert
Nov 14, 2025
-0.64%
18
18.5
Previous
Overweight
Current
Overweight
Get Alert
Dec 4, 2024
7.41%
16
20
Previous
Market Perform
Current
Outperform
Get Alert
Jul 30, 2024
—
—
Previous
Buy
Current
Neutral
Get Alert
Jul 26, 2024
-19.44%
13
15
Previous
Market Perform
Current
Market Perform
Get Alert
May 3, 2024
-30.18%
13
14
Previous
Market Perform
Current
Market Perform
Get Alert
Aug 15, 2023
—
—
Previous
Neutral
Current
Buy
Get Alert
Jul 11, 2023
-14.07%
16
22
Previous
Overweight
Current
Overweight
Get Alert
May 23, 2023
-24.81%
14
16
Previous
Market Perform
Current
Market Perform
Get Alert
Apr 6, 2023
-14.07%
16
18
Previous
Current
Market Perform
Get Alert
Mar 3, 2023
-3.33%
18
22
Previous
Current
Market Perform
Get Alert

FAQ

Q

What is the target price for Shore Bancshares (SHBI) stock?

A

The latest price target for Shore Bancshares (NASDAQ:SHBI) was reported by Hovde Group on November 19, 2025. The analyst firm set a price target for $19.00 expecting SHBI to rise to within 12 months (a possible 2.04% upside). 2 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Shore Bancshares (SHBI)?

A

The latest analyst rating for Shore Bancshares (NASDAQ:SHBI) was provided by Hovde Group, and Shore Bancshares initiated their outperform rating.

Q

When was the last upgrade for Shore Bancshares (SHBI)?

A

The last upgrade for Shore Bancshares Inc happened on December 4, 2024 when Keefe, Bruyette & Woods raised their price target to $20. Keefe, Bruyette & Woods previously had a market perform for Shore Bancshares Inc.

Q

When was the last downgrade for Shore Bancshares (SHBI)?

A

The last downgrade for Shore Bancshares Inc happened on July 30, 2024 when Janney Montgomery Scott changed their price target from N/A to N/A for Shore Bancshares Inc.

Q

When is the next analyst rating going to be posted or updated for Shore Bancshares (SHBI)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Shore Bancshares, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Shore Bancshares was filed on November 19, 2025 so you should expect the next rating to be made available sometime around November 19, 2026.

Q

Is the Analyst Rating Shore Bancshares (SHBI) correct?

A

While ratings are subjective and will change, the latest Shore Bancshares (SHBI) rating was a initiated with a price target of $0.00 to $19.00. The current price Shore Bancshares (SHBI) is trading at is $18.62, which is within the analyst’s predicted range.

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