Seacoast Banking Corporation of Florida is a bank holding company. The Company's principal subsidiary is Seacoast National Bank, a national banking association (the Bank). The Company and its subsidiaries offer an array of deposit accounts and retail banking services, engage in consumer and commercial lending and provide a range of trust and asset management services, as well as securities and annuity products to its customers. The Company, through its bank subsidiary, provides a range of community banking services to commercial, small business and retail customers, offering a range of transaction and savings deposit products, treasury management services, brokerage, and secured and unsecured loan products, including revolving credit facilities, letters of credit and similar financial guarantees, and asset based financing. The Bank also provides trust and investment management services to retirement plans, corporations and individuals.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Banks - NEC
- Sub-Industry: Regional Banks
- Symbol: NASDAQ:SBCF
- CUSIP: 81170730
- Web: www.seacoastnational.com
Capitalization:- Market Cap: $936.41 million
- Outstanding Shares: 38,839,000
Average Prices:- 50 Day Moving Avg: $24.04
- 200 Day Moving Avg: $23.45
- 52 Week Range: $15.85 - $25.88
P/E:- Trailing P/E Ratio: 28.09
- Foreward P/E Ratio: 14.98
- P/E Growth: 2.10
Sales & Book Value:- Annual Revenue: $183 million
- Price / Sales: 5.12
- Book Value: $12.94 per share
- Price / Book: 1.86
Profitability:- Net Margins: 16.95%
- Return on Equity: 9.11%
- Return on Assets: 0.89%
Debt:- Debt-to-Equity Ratio: 0.74%
- Current Ratio: 0.81%
- Quick Ratio: 0.80%
Misc:- Average Volume: 287,236 shs.
- Beta: 0.78
- Short Ratio: 2.86
Frequently Asked Questions for Seacoast Banking Corporation of Florida (NASDAQ:SBCF)
What is Seacoast Banking Corporation of Florida's stock symbol?
Seacoast Banking Corporation of Florida trades on the NASDAQ under the ticker symbol "SBCF."
How were Seacoast Banking Corporation of Florida's earnings last quarter?
Seacoast Banking Corporation of Florida (NASDAQ:SBCF) announced its quarterly earnings data on Wednesday, October, 26th. The company reported $0.28 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.27 by $0.01. The company earned $47.21 million during the quarter, compared to analysts' expectations of $47.20 million. Seacoast Banking Corporation of Florida had a return on equity of 9.11% and a net margin of 16.95%. Seacoast Banking Corporation of Florida's revenue for the quarter was up 27.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.18 EPS. View Seacoast Banking Corporation of Florida's Earnings History.
Where is Seacoast Banking Corporation of Florida's stock going? Where will Seacoast Banking Corporation of Florida's stock price be in 2017?
8 brokers have issued 12 month price objectives for Seacoast Banking Corporation of Florida's stock. Their predictions range from $20.00 to $25.00. On average, they expect Seacoast Banking Corporation of Florida's stock price to reach $21.75 in the next twelve months. View Analyst Ratings for Seacoast Banking Corporation of Florida.
Who are some of Seacoast Banking Corporation of Florida's key competitors?
Some companies that are related to Seacoast Banking Corporation of Florida include Cadence Bancorp (CADE), Capitol Federal Financial (CFFN), Flagstar Bancorp (FBC), LegacyTexas Financial Group (LTXB), Ameris Bancorp (ABCB), Simmons First National Corporation (SFNC), BancFirst Corporation (BANF), WesBanco (WSBC), First Interstate BancSystem (FIBK), First Merchants Corporation (FRME), Northwest Bancshares (NWBI), BofI Holding (BOFI), First Financial Bancorp. (FFBC), NBT Bancorp (NBTB), Park National (PRK), Westamerica Bancorporation (WABC), CenterState Banks (CSFL) and Union Bankshares Corporation (UBSH).
Who are Seacoast Banking Corporation of Florida's key executives?
Seacoast Banking Corporation of Florida's management team includes the folowing people:
- Dennis S. Hudson III, Chairman of the Board, Chief Executive Officer; President of the Bank
- Charles M. Shaffer, Chief Financial Officer, Head - Strategy
- Maria G. Frias, Executive Vice President, Chief Risk Officer
- Charles K. Cross, Executive Vice President of Commercial Banking
- David D. Houdeshell, Executive Vice President, Chief Credit Officer of the Company and the Bank
- Roger O. Goldman, Lead Independent Director
- Jacqueline Lynette Bradley, Director
- Dennis S. Hudson Jr., Director
- Timothy S. Huval, Director
- Herbert A Lurie, Director
Who owns Seacoast Banking Corporation of Florida stock?
Seacoast Banking Corporation of Florida's stock is owned by a number of of institutional and retail investors. Top institutional investors include Salzhauer Michael (0.34%), BB&T Corp (0.05%), Marshwinds Advisory Co. (0.03%), Rehmann Capital Advisory Group (0.03%), Sippican Capital Advisors (0.03%) and US Bancorp DE (0.01%). Company insiders that own Seacoast Banking Corporation of Florida stock include H Gilbert Culbreth Jr, Julie H Daum, Maryann Goebel, Robert Goldstein and Roger Goldman. View Institutional Ownership Trends for Seacoast Banking Corporation of Florida.
Who sold Seacoast Banking Corporation of Florida stock? Who is selling Seacoast Banking Corporation of Florida stock?
Seacoast Banking Corporation of Florida's stock was sold by a variety of institutional investors in the last quarter, including Rehmann Capital Advisory Group, Marshwinds Advisory Co. and Sippican Capital Advisors. Company insiders that have sold Seacoast Banking Corporation of Florida stock in the last year include Robert Goldstein and Roger Goldman. View Insider Buying and Selling for Seacoast Banking Corporation of Florida.
Who bought Seacoast Banking Corporation of Florida stock? Who is buying Seacoast Banking Corporation of Florida stock?
Seacoast Banking Corporation of Florida's stock was acquired by a variety of institutional investors in the last quarter, including US Bancorp DE. Company insiders that have bought Seacoast Banking Corporation of Florida stock in the last two years include H Gilbert Culbreth Jr, Julie H Daum and Maryann Goebel. View Insider Buying and Selling for Seacoast Banking Corporation of Florida.
How do I buy Seacoast Banking Corporation of Florida stock?
Shares of Seacoast Banking Corporation of Florida can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Seacoast Banking Corporation of Florida's stock price today?
One share of Seacoast Banking Corporation of Florida stock can currently be purchased for approximately $24.11.
MarketBeat Community Rating for Seacoast Banking Corporation of Florida (NASDAQ SBCF)MarketBeat's community ratings are surveys of what our community members think about Seacoast Banking Corporation of Florida and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Seacoast Banking Corporation of Florida (NASDAQ:SBCF) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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 will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 6 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.75) |
| Consensus Price Target: | $21.75 (9.79% downside) |
Analysts' Ratings History for Seacoast Banking Corporation of Florida (NASDAQ:SBCF)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/19/2017 | FIG Partners | Upgrade | Market-Perform -> Outperform | | Low |  |
| 3/15/2017 | Guggenheim | Initiated Coverage | Neutral -> Neutral | $25.00 | Low | |
| 2/13/2017 | SunTrust Banks, Inc. | Upgrade | Hold -> Buy | | N/A | |
| 2/2/2017 | FBR & Co | Reiterated Rating | Buy | | N/A | |
| 11/30/2016 | Raymond James Financial, Inc. | Initiated Coverage | Outperform | | N/A | |
| 11/30/2016 | Citigroup Inc. | Initiated Coverage | Outperform | $22.00 | N/A | |
| 9/6/2016 | Hovde Group | Downgrade | Outperform -> Market Perform | | N/A | |
| 9/1/2016 | Keefe, Bruyette & Woods | Upgrade | Market Perform -> Outperform | $18.00 -> $20.00 | N/A | |
(Data available from 7/27/2015 forward)
Earnings History for Seacoast Banking Corporation of Florida (NASDAQ:SBCF)Earnings History by Quarter for Seacoast Banking Corporation of Florida (NASDAQ SBCF)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 4/25/2017 | Q1 2017 | $0.27 | $0.26 | $47.55 million | $48.10 million | View | N/A | |
| 2/1/2017 | Q416 | $0.30 | $0.30 | $48.42 million | $47.35 million | View | Listen | |
| 10/26/2016 | Q3 | $0.27 | $0.28 | $47.20 million | $47.21 million | View | Listen | |
| 7/27/2016 | Q2 | $0.23 | $0.23 | $43.42 million | $43.65 million | View | Listen | |
| 4/28/2016 | Q116 | $0.19 | $0.19 | $37.27 million | $38.94 million | View | Listen | |
| 1/28/2016 | Q415 | $0.19 | $0.19 | $37.25 million | $37.30 million | View | Listen | |
| 10/22/2015 | Q3 | $0.19 | $0.19 | $35.92 million | $37.10 million | View | Listen | |
| 7/23/2015 | Q2 | $0.19 | $0.35 | $33.26 million | $34.50 million | View | Listen | |
| 4/28/2015 | Q115 | $0.16 | $0.19 | $31.77 million | $33.02 million | View | N/A | |
| 1/27/2015 | Q414 | $0.12 | $0.13 | $30.03 million | $31.98 million | View | N/A | |
| 10/27/2014 | Q314 | $0.10 | $0.13 | $22.98 million | $23.72 million | View | N/A | |
| 7/28/2014 | Q214 | $0.10 | $0.12 | $22.52 million | $22.62 million | View | N/A | |
| 4/24/2014 | Q114 | $0.09 | $0.09 | $22.53 million | $21.80 million | View | N/A | |
| 1/29/2014 | Q413 | $0.07 | $0.03 | $22.78 million | | View | N/A | |
| 10/28/2013 | Q313 | $0.02 | $0.04 | $22.40 million | | View | N/A | |
| 7/29/2013 | Q2 2013 | $0.01 | $0.02 | $21.89 million | $22.40 million | View | N/A | |
| 4/25/2013 | Q1 2013 | | $0.01 | $21.39 million | | View | N/A | |
| 1/24/2013 | Q4 2012 | $0.01 | $0.01 | $21.80 million | | View | N/A | |
| 10/25/2012 | | ($0.02) | ($0.01) | | | View | N/A | |
| 7/26/2012 | | | ($0.03) | | | View | N/A | |
| 1/26/2012 | | $0.01 | $0.02 | | | View | N/A | |
| 10/20/2011 | | | $0.02 | | | View | N/A | |
| 4/25/2011 | | ($0.06) | ($0.01) | | | View | N/A | |
| 1/26/2011 | | ($0.07) | ($0.12) | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Seacoast Banking Corporation of Florida (NASDAQ:SBCF)2017 EPS Consensus Estimate: $1.25
2018 EPS Consensus Estimate: $1.54
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 3 | $0.26 | $0.30 | $0.27 |
| Q2 2017 | 3 | $0.28 | $0.30 | $0.29 |
| Q3 2017 | 3 | $0.32 | $0.33 | $0.33 |
| Q4 2017 | 3 | $0.35 | $0.36 | $0.35 |
| Q1 2018 | 3 | $0.33 | $0.36 | $0.35 |
| Q2 2018 | 3 | $0.37 | $0.38 | $0.38 |
| Q3 2018 | 3 | $0.39 | $0.41 | $0.40 |
| Q4 2018 | 3 | $0.41 | $0.42 | $0.42 |
(Data provided by Zacks Investment Research)
Dividend History for Seacoast Banking Corporation of Florida (NASDAQ:SBCF)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Seacoast Banking Corporation of Florida (NASDAQ:SBCF)Insider Ownership Percentage: 2.80%
Institutional Ownership Percentage: 71.54%
Insider Trades by Quarter for Seacoast Banking Corporation of Florida (NASDAQ:SBCF)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/30/2017 | Roger Goldman | Director | Sell | 3,000 | $22.55 | $67,650.00 | |
| 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 | |
| 11/29/2016 | Julie H Daum | Director | Buy | 3,000 | $19.93 | $59,790.00 | |
| 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 | |
| 11/6/2015 | Julie H Daum | Director | Buy | 3,200 | $15.75 | $50,400.00 | |
| 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 | |
| 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 | |
| 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)
Headline Trends for Seacoast Banking Corporation of Florida (NASDAQ:SBCF)
Latest Headlines for Seacoast Banking Corporation of Florida (NASDAQ:SBCF)
| Source: |
|
| Date | Headline |
|---|
 | Comparing Your Community Bankshares (YCB) and Seacoast Banking Corporation of Florida (NASDAQ:SBCF)
www.americanbankingnews.com - July 23 at 7:25 AM |
| Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 22 at 12:12 AM |
 | Seacoast Banking Corp. of Florida breached its 50 day moving average in a Bearish Manner : SBCF-US : July 20, 2017
finance.yahoo.com - July 21 at 6:54 AM |
| Seacoast Banking Corporation Of Florida To Announce Second Quarter 2017 Earnings Results On Thursday, July 27, 2017
finance.yahoo.com - July 8 at 2:16 PM |
| Brokerages Expect Seacoast Banking Corporation of Florida (SBCF) Will Announce Quarterly Sales of $52.60 Million
www.americanbankingnews.com - July 7 at 11:16 AM |
| Seacoast Banking Corporation of Florida (SBCF) Rating Increased to Hold at BidaskClub
www.americanbankingnews.com - July 6 at 7:50 PM |
| Zacks: Brokerages Anticipate Seacoast Banking Corporation of Florida (SBCF) to Post $0.29 EPS
www.americanbankingnews.com - July 6 at 12:30 AM |
| Seacoast Banking Corporation of Florida (SBCF) Expected to Post Earnings of $0.29 Per Share
www.americanbankingnews.com - July 6 at 12:30 AM |
| FY2017 EPS Estimates for Seacoast Banking Corporation of Florida Increased by SunTrust Banks (NASDAQ:SBCF)
www.americanbankingnews.com - July 3 at 7:59 AM |
| Seacoast Banking Corporation of Florida (SBCF) Rating Lowered to Sell at BidaskClub
www.americanbankingnews.com - June 28 at 4:56 PM |
| Seacoast Banking Corporation of Florida (SBCF) Upgraded to "Buy" at Zacks Investment Research
www.americanbankingnews.com - June 28 at 7:40 AM |
| ETFs with exposure to Seacoast Banking Corp. of Florida : June 27, 2017
finance.yahoo.com - June 27 at 7:46 PM |
| Seacoast Banking Corp. of Florida breached its 50 day moving average in a Bearish Manner : SBCF-US : June 26, 2017
finance.yahoo.com - June 27 at 8:05 AM |
| Seacoast Banking Co. of Florida (SBCF) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - June 27 at 12:57 AM |
| ETFs with exposure to Seacoast Banking Corp. of Florida : June 13, 2017
finance.yahoo.com - June 13 at 7:46 PM |
| $52.60 Million in Sales Expected for Seacoast Banking Co. of Florida (SBCF) This Quarter
www.americanbankingnews.com - June 11 at 7:44 AM |
| Seacoast Banking Co. of Florida (SBCF) Expected to Announce Earnings of $0.29 Per Share
www.americanbankingnews.com - June 10 at 12:26 AM |
| Seacoast Banking Corp. of Florida breached its 50 day moving average in a Bullish Manner : SBCF-US : June 9, 2017
finance.yahoo.com - June 9 at 7:52 PM |
| ETFs with exposure to Seacoast Banking Corp. of Florida : June 2, 2017
finance.yahoo.com - June 2 at 11:45 PM |
| Seacoast Banking Corp. of Florida :SBCF-US: Earnings Analysis: Q1, 2017 By the Numbers : June 1, 2017
finance.yahoo.com - June 1 at 10:30 PM |
| Seacoast Banking Co. of Florida (SBCF) Director Sells $67,650.00 in Stock
www.americanbankingnews.com - June 1 at 10:28 AM |
| Seacoast Banking Co. of Florida (SBCF) Short Interest Down 16.8% in May
www.americanbankingnews.com - June 1 at 7:06 AM |
| Seacoast Banking Co. of Florida (SBCF) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - May 31 at 12:38 AM |
 | Seacoast Banking Corporation of Florida (SBCF) Acquires NorthStar Banking Corp - Slideshow
seekingalpha.com - May 25 at 1:15 AM |
| Seacoast Banking Co. of Florida (SBCF) Stock Rating Upgraded by FIG Partners
www.americanbankingnews.com - May 19 at 11:34 AM |
 | Seacoast Banking Corporation of Florida (SBCF) Reports Acquisition of NorthStar Banking Corp. for $32.1M
www.streetinsider.com - May 18 at 11:46 AM |
| Seacoast To Acquire NorthStar Banking Corporation, Deepening Presence In The Attractive Tampa Banking Market
finance.yahoo.com - May 18 at 11:46 AM |
| Another Tampa bank snapped up in $32M deal
finance.yahoo.com - May 18 at 11:46 AM |
| Brokerages Anticipate Seacoast Banking Co. of Florida (SBCF) Will Announce Quarterly Sales of $52.6 Million
www.americanbankingnews.com - May 17 at 10:08 AM |
| Seacoast Banking Co. of Florida (SBCF) Expected to Post Earnings of $0.29 Per Share
www.americanbankingnews.com - May 15 at 2:22 PM |
| Seacoast Banking Co. of Florida (SBCF) Forecasted to Post Q3 2017 Earnings of $0.33 Per Share
www.americanbankingnews.com - May 10 at 9:04 AM |
| Seacoast to buy Palm Beach Community Bank for $71M
finance.yahoo.com - May 5 at 8:00 PM |
 | BRIEF-Seacoast to acquire Palm Beach Community Bank
www.reuters.com - May 4 at 7:58 PM |
| Seacoast Banking Corporation of Florida (SBCF) Agrees to Acquire Palm Beach Community Bank for $71.2M
www.streetinsider.com - May 4 at 7:58 PM |
| Seacoast To Acquire Palm Beach Community Bank, Expanding In Attractive Southeast Florida Banking Market
finance.yahoo.com - May 4 at 7:57 PM |
| Q4 2017 EPS Estimates for Seacoast Banking Co. of Florida (SBCF) Lifted by FBR & Co
www.americanbankingnews.com - May 4 at 4:52 PM |
| Seacoast Banking Corp. of Florida breached its 50 day moving average in a Bearish Manner : SBCF-US : May 4, 2017
finance.yahoo.com - May 4 at 9:14 AM |
| Equities Analysts Offer Predictions for Seacoast Banking Co. of Florida's Q2 2017 Earnings (SBCF)
www.americanbankingnews.com - May 3 at 7:46 AM |
| Seacoast Banking Co. of Florida (SBCF) Receives News Sentiment Rating of -0.06
www.americanbankingnews.com - May 2 at 9:46 AM |
| Seacoast Banking Co. of Florida (SBCF) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - May 2 at 7:22 AM |
| Seacoast Banking Co. of Florida (SBCF) to Post Q2 2017 Earnings of $0.30 Per Share, FIG Partners Forecasts
www.americanbankingnews.com - May 1 at 7:35 AM |
| Seacoast Banking Co. of Florida (SBCF) Given Coverage Optimism Score of 0.21
www.americanbankingnews.com - April 29 at 11:59 AM |
| FIG Partners Comments on Seacoast Banking Co. of Florida's Q4 2017 Earnings (SBCF)
www.americanbankingnews.com - April 28 at 8:32 PM |
 | 2017 Business Executives of the Year: Julie Kleffel
www.bizjournals.com - April 28 at 3:38 PM |
| Edited Transcript of SBCF earnings conference call or presentation 26-Apr-17 2:00pm GMT
finance.yahoo.com - April 27 at 8:09 PM |
| Seacoast Banking Corporation of Florida's (SBCF) CEO Dennis Hudson on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 27 at 1:59 AM |
| Zacks: Analysts Expect Seacoast Banking Co. of Florida (SBCF) Will Post Quarterly Sales of $51.99 Million
www.americanbankingnews.com - April 26 at 10:24 AM |
| Seacoast Banking Co. of Florida (SBCF) Posts Earnings Results, Misses Expectations By $0.01 EPS
www.americanbankingnews.com - April 25 at 10:06 PM |
| Seacoast Banking Co. of Florida (SBCF) Issues FY17 Earnings Guidance
www.americanbankingnews.com - April 25 at 9:42 PM |
| Seacoast Reports First Quarter 2017 Results
finance.yahoo.com - April 25 at 6:45 PM |
Seacoast Banking Corporation of Florida (SBCF) Chart for Thursday, July, 27, 2017
