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About Seacoast Banking Co. of Florida (NASDAQ:SBCF)
Seacoast Banking Corporation of Florida operates as the bank holding company for Seacoast National Bank that provides financial services to business and retail customers in Florida. It offers commercial and retail banking, wealth management, and mortgage services; automated teller machines; online and mobile banking services; and brokerage and annuity services. As of March 1, 2018, it had 51 traditional branches and 5 commercial banking centers. The company was founded in 1926 and is headquartered in Stuart, Florida.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:SBCF
CUSIP81170730
Phone772-287-4000
Debt
Debt-to-Equity Ratio0.40
Current Ratio0.83
Quick Ratio0.82
Price-To-Earnings
Trailing P/E Ratio22.45
Forward P/E Ratio18.09
P/E GrowthN/A
Sales & Book Value
Annual Sales$250.07 million
Price / Sales5.95
Cash Flow$1.4760 per share
Price / Cash21.45
Book Value$14.94 per share
Price / Book2.12
Profitability
EPS (Most Recent Fiscal Year)$1.28
Net Income$42.86 million
Net Margins19.83%
Return on Equity10.05%
Return on Assets1.15%
Miscellaneous
Employees805
Outstanding Shares46,980,000
Seacoast Banking Co. of Florida (NASDAQ:SBCF) Frequently Asked Questions
What is Seacoast Banking Co. of Florida's stock symbol?
Seacoast Banking Co. of Florida trades on the NASDAQ under the ticker symbol "SBCF."
How were Seacoast Banking Co. of Florida's earnings last quarter?
Seacoast Banking Co. of Florida (NASDAQ:SBCF) posted its quarterly earnings data on Thursday, April, 26th. The financial services provider reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.01. The financial services provider earned $62.10 million during the quarter, compared to analysts' expectations of $61.60 million. Seacoast Banking Co. of Florida had a return on equity of 10.05% and a net margin of 19.83%. The firm's revenue was up 29.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.26 EPS. View Seacoast Banking Co. of Florida's Earnings History.
When is Seacoast Banking Co. of Florida's next earnings date?
What price target have analysts set for SBCF?
5 equities research analysts have issued 1 year target prices for Seacoast Banking Co. of Florida's stock. Their forecasts range from $27.00 to $31.00. On average, they anticipate Seacoast Banking Co. of Florida's stock price to reach $29.00 in the next year. View Analyst Ratings for Seacoast Banking Co. of Florida.
What are Wall Street analysts saying about Seacoast Banking Co. of Florida stock?
Here are some recent quotes from research analysts about Seacoast Banking Co. of Florida stock:
- 1. According to Zacks Investment Research, "Seacoast Banking Corp of Florida is a bank holding company. Seacoast and its subsidiaries offer a full array of deposit accounts and retail banking services, engages in consumer and commercial lending and provides a wide variety of trust and asset management services, as well as securities and annuity products. " (5/2/2018)
- 2. FBR & Co analysts commented, "We are initiating coverage of Xenia Hotels & Resorts, Inc. (XHR) with a Neutral rating and a $23 price target. Xenia is a predominantly upper-upscale and luxury lodging REIT with ownership positions in 39 hotels (11,533 rooms) broadly diversified throughout the U.S. The REIT was formerly the lodging division of Inland American Real Estate, a non-traded REIT, prior to becoming internally advised and publicly traded (via a 1:8 spin-off from Inland American, a.k.a. InvenTrust) in 1Q15. Xenia management has been meaningfully upgrading the portfolio since the spin-off, despite the lateness of the lodging cycle and generally moderating RevPAR growth. We are very constructive on the XHR story. However, the shares have increased meaningfully in the last two months and, now trading at ~13.4x our 2017E EBITDA estimate, in our view, are approaching fair value." (10/27/2017)
Who are some of Seacoast Banking Co. of Florida's key competitors?
Some companies that are related to Seacoast Banking Co. of Florida include First Citizens BancShares (FCNCA), Wintrust Financial (WTFC), Prosperity Bancshares (PB), Texas Capital Bancshares (TCBI), Popular (BPOP), Associated Banc (ASB), Iberiabank (IBKC), Hancock (HBHC), Investors Bank (ISBC), Chemical Bank (CHFC), Home BancShares (HOMB), First Hawaiian Bank (FHB), United Bank (UBSI), Bank of Hawaii (BOH) and First Financial Bankshares (FFIN).
Who are Seacoast Banking Co. of Florida's key executives?
Seacoast Banking Co. of Florida's management team includes the folowing people:
- Mr. Dennis S. Hudson III, Chairman, Pres & CEO (Age 63)
- Mr. Charles M. Shaffer, Exec. VP, CFO & Head of Strategy (Age 44)
- Mr. David D. Houdeshell, Exec. VP and Chief Risk & Credit Officer (Age 58)
- Mr. Charles K. Cross Jr., Exec. VP of Commercial Banking (Age 60)
- Ms. Juliette Kleffel, Exec. VP & Community Banking Exec. (Age 47)
Has Seacoast Banking Co. of Florida been receiving favorable news coverage?
Media stories about SBCF stock have trended somewhat negative recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Seacoast Banking Co. of Florida earned a coverage optimism score of -0.19 on Accern's scale. They also gave headlines about the financial services provider an impact score of 41.11 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Who are Seacoast Banking Co. of Florida's major shareholders?
Seacoast Banking Co. of Florida's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.38%), Dimensional Fund Advisors LP (3.19%), Thrivent Financial for Lutherans (2.44%), Lord Abbett & CO. LLC (1.90%), Mendon Capital Advisors Corp (1.43%) and Banc Funds Co. LLC (1.42%). Company insiders that own Seacoast Banking Co. of Florida stock include Charles K Jr Cross, Charles M Shaffer, Dennis S Hudson III, Julie H Daum, Robert Goldstein and Roger Goldman. View Institutional Ownership Trends for Seacoast Banking Co. of Florida.
Which institutional investors are selling Seacoast Banking Co. of Florida stock?
SBCF stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Mendon Capital Advisors Corp, Maltese Capital Management LLC, Banc Funds Co. LLC, Lord Abbett & CO. LLC, Segall Bryant & Hamill LLC, Cutler Capital Management LLC and Virginia Retirement Systems ET AL. Company insiders that have sold Seacoast Banking Co. of Florida company stock in the last year include Charles K Jr Cross, Charles M Shaffer, Dennis S Hudson III and Roger Goldman. View Insider Buying and Selling for Seacoast Banking Co. of Florida.
Which institutional investors are buying Seacoast Banking Co. of Florida stock?
SBCF stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Principal Financial Group Inc., Principal Financial Group Inc., Cortina Asset Management LLC, JPMorgan Chase & Co., Thrivent Financial for Lutherans, Guggenheim Capital LLC and Prudential Financial Inc.. View Insider Buying and Selling for Seacoast Banking Co. of Florida.
How do I buy shares of Seacoast Banking Co. of Florida?
Shares of SBCF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Seacoast Banking Co. of Florida's stock price today?
One share of SBCF stock can currently be purchased for approximately $31.66.
How big of a company is Seacoast Banking Co. of Florida?
Seacoast Banking Co. of Florida has a market capitalization of $1.49 billion and generates $250.07 million in revenue each year. The financial services provider earns $42.86 million in net income (profit) each year or $1.28 on an earnings per share basis. Seacoast Banking Co. of Florida employs 805 workers across the globe.
How can I contact Seacoast Banking Co. of Florida?
Seacoast Banking Co. of Florida's mailing address is 815 COLORADO AVE, STUART FL, 34994. The financial services provider can be reached via phone at 772-287-4000.
MarketBeat Community Rating for Seacoast Banking Co. of Florida (SBCF)
MarketBeat's community ratings are surveys of what our community members think about Seacoast Banking Co. of Florida and other stocks. Vote "Outperform" if you believe SBCF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SBCF will underperform the S&P 500 over the long term. You may vote once every thirty days.
Seacoast Banking Co. of Florida (NASDAQ:SBCF) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
5 Wall Street analysts have issued ratings and price targets for Seacoast Banking Co. of Florida in the last 12 months. Their average twelve-month price target is $29.00, suggesting that the stock has a possible downside of 8.40%. The high price target for SBCF is $31.00 and the low price target for SBCF is $27.00. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.80 | 2.83 | 2.83 | 2.83 |
| Ratings Breakdown: | 0 Sell Rating(s)
1 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $29.00 | $29.00 | $29.00 | $24.6667 |
| Price Target Upside: | 8.40% downside | 16.00% upside | 16.00% upside | 0.09% upside |
Seacoast Banking Co. of Florida (NASDAQ:SBCF) Consensus Price Target History
Seacoast Banking Co. of Florida (NASDAQ:SBCF) Analyst Ratings History
Show:
(Data available from 5/27/2016 forward)
Seacoast Banking Co. of Florida (NASDAQ:SBCF) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Seacoast Banking Co. of Florida (NASDAQ SBCF) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 3.00%
Institutional Ownership Percentage: 82.85%
Seacoast Banking Co. of Florida (NASDAQ SBCF) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 5/16/2018 | Roger Goldman | Director | Sell | 2,000 | $29.75 | $59,500.00 | 12,815 |  |
| 5/15/2018 | Charles K Jr. Cross | EVP | Sell | 1,754 | $29.50 | $51,743.00 | 16,681 | |
| 5/4/2018 | Roger Goldman | Director | Sell | 7,200 | $27.38 | $197,136.00 | 13,165 | |
| 5/1/2018 | Charles M Shaffer | EVP | Sell | 1,571 | $27.53 | $43,249.63 | 14,343 | |
| 3/7/2018 | Roger Goldman | Director | Sell | 6,407 | $27.41 | $175,615.87 | 23,572 | |
| 11/9/2017 | Dennis S Hudson III | CEO | Sell | 2,300 | $24.22 | $55,706.00 | 19,247 | |
| 11/7/2017 | Dennis S Hudson III | CEO | Sell | 8,000 | $24.39 | $195,120.00 | 19,247 | |
| 8/8/2017 | Roger Goldman | Director | Sell | 2,200 | $24.11 | $53,042.00 | 20,072 | |
| 5/30/2017 | Roger Goldman | Director | Sell | 3,000 | $22.55 | $67,650.00 | 20,072 | |
| 2/21/2017 | Robert Goldstein | Major Shareholder | Sell | 6,210,000 | $22.25 | $138,172,500.00 | | |
| 2/15/2017 | Julie H Daum | Director | Buy | 4,500 | $22.25 | $100,125.00 | 27,419 | |
| 11/29/2016 | Julie H Daum | Director | Buy | 3,000 | $19.93 | $59,790.00 | 21,456 | |
| 5/25/2016 | Maryann Goebel | Director | Buy | 5,850 | $16.82 | $98,397.00 | | |
| 2/5/2016 | H Gilbert Culbreth Jr | Director | Buy | 128 | $14.25 | $1,824.00 | 1,672 | |
| 11/6/2015 | Julie H Daum | Director | Buy | 3,200 | $15.75 | $50,400.00 | 14,919 | |
| 5/1/2015 | Julie H Daum | Director | Buy | 7,200 | $13.89 | $100,008.00 | | |
| 12/1/2014 | Stephen E Bohner | Director | Buy | 11,800 | $12.72 | $150,096.00 | | |
| 11/13/2014 | Jacqueline Lynette Bradley | Director | Buy | 1,000 | $13.53 | $13,530.00 | | |
| 5/1/2014 | Julie Daum | Director | Buy | 2,350 | $10.64 | $25,004.00 | 3,665 | |
| 1/13/2014 | Robert Goldstein | Insider | Buy | 2,325,581 | $2.15 | $4,999,999.15 | | |
| 11/14/2013 | Edwin Walpole III | Director | Buy | 44,500 | $2.23 | $99,235.00 | 429,702 | |
| 3/1/2013 | Stephen E Bohner | Director | Buy | 49,000 | $2.04 | $99,960.00 | | |
| 2/13/2013 | Roger Goldman | Director | Buy | 5,000 | $1.99 | $9,950.00 | | |
| 1/29/2013 | Roger Goldman | Director | Buy | 5,000 | $1.68 | $8,400.00 | | |
(Data available from 1/1/2013 forward)
Seacoast Banking Co. of Florida (NASDAQ SBCF) News Headlines
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Seacoast Banking Co. of Florida (NASDAQ:SBCF) SEC Filings
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Seacoast Banking Co. of Florida (NASDAQ:SBCF) Income Statement, Balance Sheet and Cash Flow Statement
Seacoast Banking Co. of Florida (NASDAQ SBCF) Stock Chart for Sunday, May, 27, 2018
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