# Shore Bancshares Inc (SHBI) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Financial Services / Banks. Price $23.63, market value $789 million.

## Valuation
- **P/E (trailing): 12.0×** (5-yr avg 15.6×, 3-yr avg 17.5×). Shore Bancshares Inc trades at 12.0× trailing earnings, well below its own five-year average of 15.6×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 10.4×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.30**. A PEG of 0.30 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 36.2×**. Each dollar of revenue is priced at 36.2×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 1.3×**. The shares trade at 1.3× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 11.1%** (5-yr avg 7.0%). Free cash flow equals 11.1% of the market value, above its five-year average of 7.0%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 8.3%**. The inverse of the P/E: 8.3% of the price is earned each year.

## Profitability
- **Net margin: 285.4%**. 285.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 10.1%**. 10.1% on shareholders' equity is solid.
- **Return on assets: 1.1%**. Each dollar of assets produces 1.1% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -0.3%** (3-yr 10.8%/yr, 5-yr 17.8%/yr). Revenue fell 0.3% over the last year, against 17.8% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 34.8%** (3-yr 4.3%/yr, 5-yr 7.0%/yr). Earnings per share rose 34.8%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 5.6%/yr**. Free cash flow has compounded at 5.6% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.
- **Cash and short-term investments: $356 million**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 2.37%** ($0.50 per share, trailing). Shore Bancshares Inc yields 2.37%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 27%** (19% of free cash flow). 27% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 11**. 11 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 0.0%/yr** (1-yr 0.0%). The dividend has not grown over five years.

## Analyst view
- **Analyst consensus: buy** (4 analysts). 4 analysts cover Shore Bancshares Inc; the consensus is buy, with an average price target of $25.75 (+9% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 39.4%** (YTD 35.4%, 3-mo 12.6%). The shares are up 39.4% over twelve months including dividends.
- **From 52-week high: -5.1%** (58.3% above the low). Trading 5% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 56**. An RSI of 56 is neutral.
- **Beta (1 yr): 0.64** (volatility 25%). Beta of 0.64 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=SHBI · Page: https://foliofundamentals.com/stocks/shbi

Not investment advice.