Seacoast Banking Co. of Florida (SBCF) Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Seacoast Banking Co. of Florida in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SBCF shares.
View SBCF analyst ratings or view top-rated stocks.

4 Wall Street research analysts have issued 12 month price objectives for Seacoast Banking Co. of Florida's stock. Their SBCF share price forecasts range from $23.00 to $33.00. On average, they expect the company's stock price to reach $27.20 in the next twelve months. This suggests a possible upside of 22.6% from the stock's current price.
View analysts price targets for SBCF or view top-rated stocks among Wall Street analysts.

Seacoast Banking Co. of Florida's stock was trading at $31.19 at the beginning of the year. Since then, SBCF shares have decreased by 28.9% and is now trading at $22.19.
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Seacoast Banking Co. of Florida saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,770,000 shares, an increase of 19.4% from the August 15th total of 2,320,000 shares. Based on an average daily volume of 563,800 shares, the days-to-cover ratio is presently 4.9 days.
View Seacoast Banking Co. of Florida's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our SBCF earnings forecast.

Seacoast Banking Co. of Florida (NASDAQ:SBCF) released its earnings results on Thursday, July, 27th. The financial services provider reported $0.37 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by $0.04. The financial services provider earned $148.54 million during the quarter, compared to analyst estimates of $153.40 million. Seacoast Banking Co. of Florida had a trailing twelve-month return on equity of 5.50% and a net margin of 15.31%.

Seacoast Banking Co. of Florida announced a quarterly dividend on Thursday, September 14th. Stockholders of record on Friday, September 15th will be paid a dividend of $0.18 per share on Friday, September 29th. This represents a $0.72 annualized dividend and a dividend yield of 3.24%. The ex-dividend date of this dividend is Thursday, September 14th.
Read our dividend analysis for SBCF.

ETFs with the largest weight of Seacoast Banking Co. of Florida (NASDAQ:SBCF) stock in their portfolio include Opus Small Cap Value Plus ETF (OSCV), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Harbor Corporate Culture Small Cap ETF (HAPS), Invesco S&P SmallCap Financials ETF (PSCF), SPDR S&P Regional Banking ETF (KRE) and Inspire Small/Mid Cap ETF (ISMD).SPDR S&P 600 Small Cap ETF (SLY).

Seacoast Banking Co. of Florida (NASDAQ:SBCF) pays an annual dividend of $0.72 per share and currently has a dividend yield of 3.29%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 54.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SBCF will have a dividend payout ratio of 45.57% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SBCF.

27 employees have rated Seacoast Banking Co. of Florida Chief Executive Officer Denny Hudson III on Glassdoor.com. Denny Hudson III has an approval rating of 82% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Seacoast Banking Co. of Florida investors own include Arrow Financial (AROW), Government Properties Income Trust (GOV), Main Street Capital (MAIN), AbbVie (ABBV), North Atlantic Drilling (NADLQ), Qorvo (QRVO), Teladoc Health (TDOC), UnitedHealth Group (UNH), Verizon Communications (VZ) and Coupa Software (COUP).

Seacoast Banking Co. of Florida trades on the NASDAQ under the ticker symbol "SBCF."

Seacoast Banking Co. of Florida's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.46%), State Street Corp (5.49%), Westwood Holdings Group Inc. (3.44%), Dimensional Fund Advisors LP (2.58%), Segall Bryant & Hamill LLC (2.28%) and Bank of New York Mellon Corp (2.26%). Insiders that own company stock include Charles M Shaffer, Christopher E Fogal, Dennis S Hudson III, James C Stallings III, Juliette Kleffel and Thomas E Rossin.
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Shares of SBCF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SBCF stock can currently be purchased for approximately $22.19.

Seacoast Banking Co. of Florida (NASDAQ:SBCF) has a market capitalization of $1.88 billion and generates $446.58 million in revenue each year. The financial services provider earns $106.51 million in net income (profit) each year or $1.33 on an earnings per share basis.

The company employs 1,490 workers across the globe.

Seacoast Banking Co. of Florida's mailing address is 815 COLORADO AVE, STUART FL, 34995. The official website for the company is www.seacoastbanking.com. The financial services provider can be reached via phone at (772) 287-4000 or via fax at 772-288-6012.