How to Buy Shore Bancshares Stock
Shore Bancshares Inc
Shore Bancshares, Inc. operates as a bank holding company for the Shore United Bank that provides various commercial and consumer banking products and services to individuals, businesses, and other organizations.
Shore Bancshares stock last closed at $17.14, up 0.29% from the previous day, and has increased 36.14% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.04 percentage points. Shore Bancshares stock is currently +70.38% from its 52-week low of $10.06, and -2% from its 52-week high of $17.49.
At the moment, there are 33.33M shares of SHBI outstanding. The market cap of SHBI is $571.22M. In the past 24 hours, 69,391 SHBI shares were traded.
How to Buy Shore Bancshares Stock
Wondering how to invest in Shore Bancshares stock? Here's how.
- Decide where to buy Shore Bancshares stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Shore Bancshares stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Select your payment method and add your info.
- Research Shore Bancshares stock: The Shore Bancshares ticker symbol is SHBI. Is Shore Bancshares stock a good investment? Should you buy shares of SHBI? How do SHBI's underlying business fundamentals look? Do top analysts think Shore Bancshares is a good buy? Why has SHBI's stock price moved recently? (Hint: Our stock market research tools can help you decide if SHBI is a good stock to buy).
- Make your SHBI trade: Decide if you will purchase SHBI shares at the current market price or use a limit order to buy SHBI stock at a specific price.
- Get notifications regarding your SHBI investment: Create a watchlist to monitor your investment in Shore Bancshares shares.
Step 1: Decide where to buy Shore Bancshares stock
You will need an online brokerage account in order to access the NASDAQ market and buy SHBI stock.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to world markets: From Tech to Financial Services, New York to Hong Kong — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal information so you are able to buy SHBI stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open a new trading account.
- Send your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have finished signing up on the best stock market app for beginners, you need to deposit funds:
Watch the tutorial below if you need help transferring funds into your new brokerage account.
Step 4: Research Shore Bancshares stock
Once you have identified the best place to buy Shore Bancshares stock, it's absolutely critical to analyze their stock prior to buying, so you can comprehend the risk as well as the opportunity.
Overview of key SHBI info
Shore Bancshares Due Diligence Checks
WallStreetZen was designed to help average investors do better fundamental analysis in less time.
You can see all of the due diligence checks on SHBI's stock page.
Is SHBI stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SHBI's intrinsic value.
Using relative valuations measures:
- SHBI may be undervalued based on its P/E ratio of 12.98x, relative to Banks - Regional industry P/E ratio of 37.05x
- SHBI could be undervalued based on its P/B ratio of 1.07x, relative to Banks - Regional industry P/B ratio of 1.18x
- SHBI may be undervalued based on its PEG ratio of 0.96x
You can do additional valuation analysis on SHBI's stock here.
How do SHBI Financials look?
Signs that SHBI is financially healthy:
- SHBI's operating cash flow of $50.54M allows it to safely service it's debt of $135.27M.
- SHBI earnings of $55.07M is not sufficient to cover its interest payments.
- SHBI profit margin has gone up from 7.5% to 21.3% in the past year.
Signs that SHBI is not financially healthy:
- Total SHBI debt is higher than 5 years ago, relative to shareholder equity.
- SHBI has a relatively high debt to equity ratio of 10.1.
Do Wall Street analysts think it's a good time to buy Shore Bancshares stock
Out of 1 sell side analysts who track SHBI, the consensus analyst rating on Shore Bancshares is a Buy
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Shore Bancshares stock forecast page.
SHBI Technical Indicators
SHBI Growth Numbers
Last year, SHBI earnings were $41.10M. In the past five year, SHBI's earnings have gone up by -7.03% per year. This was slower than the Banks - Regional industry average of 29.43%.
Last year, SHBI revenue was $193.05M. During the past 5 year, SHBI's revenue has increased by 26.94% per year. This was faster than the Banks - Regional industry average of 15.22%.
Learn more about SHBI's earnings and revenue performance here.
Latest Insiders Trades at SHBI
In the past 12 months, executives and large shareholders at SHBI have bought more shares than they have sold.
Konrad Wayson, Director of SHBI, was the latest SHBI insider to buy. They bought $50,820.00 worth of SHBI shares on Nov 25, 2024.
Dig into more about who owns SHBI shares here.
Does SHBI provide a stable income stream?
Shore Bancshares pays a dividend of 2.8%, compared to the Banks - Regional industry's average dividend yield of 2.79%. If you owned $1,000 of SHBI stock, you would have received $28.00 in the past year.
Shore Bancshares dividend payments have consistently grown over the past decade and have remained stable.
Get more data about Shore Bancshares dividend yield and history here.
What others are saying about SHBI
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your SHBI trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, use a limit order.
Hit the Open Trade button and your broker will execute your order.
If you want more help investing in stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your SHBI investment
Now that you own some shares in SHBI, you'll want to stay up-to-date on your new company.
Make a watchlist to get notified of important updates regarding your SHBI stock.
SHBI Feed
How to Buy Stock in Shore Bancshares
To summarize, here are the 6 steps to buy stock in Shore Bancshares:
- Decide where to buy Shore Bancshares stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Research Shore Bancshares stock
- Make your SHBI trade
- Get notifications regarding your SHBI investment
If you are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Shore Bancshares, create a watchlist today.
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