Shore Bancshares (SHBI) Getting Somewhat Favorable News Coverage, Report Shows

News stories about Shore Bancshares (NASDAQ:SHBI) have trended somewhat positive recently, according to Accern. The research firm scores the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Shore Bancshares earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 46.3979295860678 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Shares of Shore Bancshares (NASDAQ:SHBI) traded up $0.01 during mid-day trading on Friday, reaching $18.61. 31,086 shares of the company’s stock were exchanged, compared to its average volume of 37,355. Shore Bancshares has a twelve month low of $15.17 and a twelve month high of $19.10. The stock has a market capitalization of $236.13, a PE ratio of 21.39 and a beta of 0.14.

Shore Bancshares (NASDAQ:SHBI) last posted its quarterly earnings results on Thursday, October 19th. The bank reported $0.27 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.02. The business had revenue of $16.75 million during the quarter. Shore Bancshares had a net margin of 17.61% and a return on equity of 7.20%.

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Shore Bancshares Company Profile

Shore Bancshares, Inc is a financial holding company. The Company acts as the parent company to several financial institution and insurance entities. The Company has two business segments: Community Banking, and Insurance Products and Services. Its Community Banking segment provides services to consumers and small businesses on the Eastern Shore of Maryland and in Delaware.

Insider Buying and Selling by Quarter for Shore Bancshares (NASDAQ:SHBI)

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