What is Shore Bancshares Inc worth?
With the base-case assumptions below, a discounted cash flow model on Shore Bancshares Inc's reported free cash flow gives $69.52 per share. The share price was $22.89 on November 9, 2026, 67% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 10.0% | 10.0% | $46.54 | +103% |
| Base | 15.0% | 9.0% | $69.52 | +204% |
| Bull | 20.0% | 8.0% | $112.31 | +391% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $86.92 | $92.35 | $98.98 | $107.27 | $117.92 |
| 8.0% | $73.85 | $77.37 | $81.53 | $86.52 | $92.61 |
| 9.0% | $64.34 | $66.74 | $69.52 | $72.76 | $76.58 |
| 10.0% | $57.13 | $58.84 | $60.78 | $62.99 | $65.55 |
| 11.0% | $51.48 | $52.74 | $54.14 | $55.72 | $57.50 |
Where the presets come from
Base: years 1 to 5 grow at Shore Bancshares Inc's revenue growth rate over the last 5 fiscal years (17.8% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions