Rep. Lisa C. McClain Purchases Shares of Seacoast Banking Corporation of Florida (NASDAQ:SBCF)

Key Points

• Representative Lisa C. McClain of Michigan purchased shares worth between $1,001 and $15,000 in Seacoast Banking Corporation of Florida (NASDAQ:SBCF) on June 17th, according to a recent filing.
• Seacoast Banking Corporation reported a quarterly earnings per share of $0.52, exceeding analysts' expectations of $0.42, along with a net margin of 16.63%.
• The company has declared a quarterly dividend of $0.18 for shareholders of record, representing an annualized dividend yield of 2.4%.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Seacoast Banking Corporation of Florida NASDAQ: SBCF. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Seacoast Banking Corporation of Florida stock on June 17th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Seacoast Banking Corporation of Florida Stock Performance

SBCF traded up $0.12 during trading on Tuesday, hitting $31.08. The company's stock had a trading volume of 188,216 shares, compared to its average volume of 519,675. The firm has a market cap of $2.73 billion, a PE ratio of 19.06 and a beta of 0.98. Seacoast Banking Corporation of Florida has a one year low of $21.36 and a one year high of $31.68. The business's 50 day simple moving average is $28.30 and its 200-day simple moving average is $26.49. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.36.

Seacoast Banking Corporation of Florida (NASDAQ:SBCF - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The financial services provider reported $0.52 EPS for the quarter, beating the consensus estimate of $0.42 by $0.10. The firm had revenue of $151.40 million for the quarter, compared to the consensus estimate of $146.08 million. Seacoast Banking Corporation of Florida had a net margin of 16.63% and a return on equity of 6.65%. During the same period last year, the firm earned $0.36 EPS. As a group, sell-side analysts predict that Seacoast Banking Corporation of Florida will post 1.71 EPS for the current fiscal year.

Seacoast Banking Corporation of Florida Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be given a $0.18 dividend. The ex-dividend date is Monday, September 15th. This represents a $0.72 annualized dividend and a yield of 2.3%. Seacoast Banking Corporation of Florida's dividend payout ratio (DPR) is presently 44.17%.

Hedge Funds Weigh In On Seacoast Banking Corporation of Florida

A number of large investors have recently added to or reduced their stakes in the stock. FJ Capital Management LLC raised its position in shares of Seacoast Banking Corporation of Florida by 194.6% in the second quarter. FJ Capital Management LLC now owns 1,154,434 shares of the financial services provider's stock valued at $31,885,000 after buying an additional 762,505 shares during the last quarter. Westwood Holdings Group Inc. grew its holdings in shares of Seacoast Banking Corporation of Florida by 27.7% in the first quarter. Westwood Holdings Group Inc. now owns 2,869,563 shares of the financial services provider's stock valued at $73,834,000 after purchasing an additional 622,709 shares during the period. Nuveen LLC purchased a new stake in shares of Seacoast Banking Corporation of Florida in the first quarter valued at about $12,454,000. Brown Advisory Inc. grew its holdings in shares of Seacoast Banking Corporation of Florida by 37.3% in the second quarter. Brown Advisory Inc. now owns 1,255,807 shares of the financial services provider's stock valued at $34,685,000 after purchasing an additional 341,241 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of Seacoast Banking Corporation of Florida in the fourth quarter valued at about $6,850,000. 81.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Zacks Research raised shares of Seacoast Banking Corporation of Florida from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 21st. Stephens decreased their price objective on shares of Seacoast Banking Corporation of Florida from $28.00 to $26.00 and set an "equal weight" rating for the company in a report on Monday, April 28th. Hovde Group boosted their price target on shares of Seacoast Banking Corporation of Florida from $27.00 to $29.00 and gave the company a "market perform" rating in a report on Wednesday, June 4th. Keefe, Bruyette & Woods boosted their price target on shares of Seacoast Banking Corporation of Florida from $32.00 to $33.00 and gave the company an "outperform" rating in a report on Tuesday, July 29th. Finally, Wall Street Zen upgraded shares of Seacoast Banking Corporation of Florida from a "sell" rating to a "hold" rating in a research note on Saturday, July 26th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $29.40.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Seacoast Banking Corporation of Florida Company Profile

Seacoast Banking Corp. of Florida is a financial holding company, which engages in the provision of integrated financial services. It provides banking and investment services to businesses and consumers, including personal and business deposit products, Internet and mobile banking, personal, commercial and mortgage loans, wealth management services, and treasury management solutions.