Shore Bancshares Inc (NASDAQ: SHBI). Exceptional positive changes in fundamentals have recently occurred: significant quarterly sales acceleration occurred, the stock’s power rating rose above 70, the consensus estimate for December, 2025 increased significantly, and significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
SHBI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
Shore Bancshares has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Shore Bancshares has a good Appreciation Score of 75 and a very high Power Rating of 87, leading to the Highest Value Trend Rating.
Recent Price Action
On 10/11/24, Shore Bancshares Inc (NASDAQ: SHBI) stock enjoyed a large increase of 3.0%, closing at $13.86. Trading volume in this advance was normal. Relative to the market the stock has been strong over the last nine months and has risen 3.9% during the last week.
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