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S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Copper More Critical than Lithium? (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
The "Trojan Horse" Hiding Inside Of Biden's $2 Trillion Infrastructure Bill. (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Copper More Critical than Lithium? (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
The "Trojan Horse" Hiding Inside Of Biden's $2 Trillion Infrastructure Bill. (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Copper More Critical than Lithium? (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
The "Trojan Horse" Hiding Inside Of Biden's $2 Trillion Infrastructure Bill. (Ad)
NASDAQ:SBCF

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

$34.40
-0.12 (-0.35%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$34.08
$34.89
50-Day Range
$31.46
$36.75
52-Week Range
$29.28
$39.31
Volume
756,618 shs
Average Volume
338,145 shs
Market Capitalization
$2.11 billion
P/E Ratio
18.30
Dividend Yield
1.97%
Price Target
$37.33

Seacoast Banking Co. of Florida MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
8.5% Upside
$37.33 Price Target
Short Interest
Bearish
3.09% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.30mentions of Seacoast Banking Co. of Florida in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$288,000 Sold Last Quarter
Proj. Earnings Growth
18.60%
From $2.15 to $2.55 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.99 out of 5 stars

Finance Sector

641st out of 885 stocks

State Commercial Banks Industry

128th out of 181 stocks

SBCF stock logo

About Seacoast Banking Co. of Florida (NASDAQ:SBCF) Stock

Seacoast Banking Corporation of Florida operates as the bank holding company for Seacoast National Bank that provides financial services to retail and commercial customers in Florida. It offers commercial and retail banking, wealth management, and mortgage services; and brokerage and annuity services. The company offers noninterest and interest-bearing demand deposit, money market, savings, and customer sweep accounts; time certificates of deposit; construction and land development, commercial and residential real estate, and commercial and financial loans; and consumer loans, including installment loans and revolving lines, as well as loans for automobiles, boats, and personal or family purposes. As of December 31, 2021, it had 54 branch and commercial lending offices. The company was founded in 1926 and is headquartered in Stuart, Florida.

Seacoast Banking Co. of Florida Trading Down 0.3 %

NASDAQ:SBCF traded down $0.12 during mid-day trading on Tuesday, hitting $34.40. 756,618 shares of the company's stock were exchanged, compared to its average volume of 338,145. The company has a 50 day simple moving average of $33.73 and a 200-day simple moving average of $34.48. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.05. Seacoast Banking Co. of Florida has a fifty-two week low of $29.28 and a fifty-two week high of $39.31. The firm has a market capitalization of $2.11 billion, a P/E ratio of 18.30 and a beta of 1.12.

Seacoast Banking Co. of Florida (NASDAQ:SBCF - Get Rating) last posted its earnings results on Thursday, July 28th. The financial services provider reported $0.53 EPS for the quarter, hitting the consensus estimate of $0.53. Seacoast Banking Co. of Florida had a net margin of 29.70% and a return on equity of 9.80%. During the same quarter in the prior year, the firm posted $0.59 EPS. As a group, research analysts expect that Seacoast Banking Co. of Florida will post 2.15 earnings per share for the current year.

Seacoast Banking Co. of Florida Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Thursday, September 15th will be paid a $0.17 dividend. The ex-dividend date of this dividend is Wednesday, September 14th. This represents a $0.68 annualized dividend and a dividend yield of 1.98%. Seacoast Banking Co. of Florida's payout ratio is 36.17%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. StockNews.com raised shares of Seacoast Banking Co. of Florida from a "sell" rating to a "hold" rating in a report on Monday, August 1st. Truist Financial decreased their price target on shares of Seacoast Banking Co. of Florida from $42.00 to $39.00 and set a "buy" rating on the stock in a report on Wednesday, July 6th. Finally, B. Riley decreased their price target on shares of Seacoast Banking Co. of Florida from $36.00 to $34.00 in a report on Monday, July 11th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $37.33.

Insider Transactions at Seacoast Banking Co. of Florida

In related news, Director Dennis S. Hudson III sold 8,000 shares of the business's stock in a transaction dated Monday, August 1st. The shares were sold at an average price of $36.00, for a total value of $288,000.00. Following the transaction, the director now directly owns 169,698 shares of the company's stock, valued at approximately $6,109,128. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 2.00% of the company's stock.

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SBCF Stock News Headlines

Seacoast Reports Second Quarter 2022 Results
Seacoast Banking (SBCF) Misses Q1 Earnings Estimates
Seacoast Reports First Quarter 2022 Results
Seacoast Banking Corp. of Florida Raises Dividend
See More Headlines
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SBCF Company Calendar

Ex-Dividend for 6/30 Dividend
6/14/2022
Dividend Payable
6/30/2022
Last Earnings
7/28/2022
Today
8/10/2022
Ex-Dividend for 9/30 Dividend
9/14/2022
Dividend Payable
9/30/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:SBCF
CUSIP
81170730
Employees
989
Year Founded
1926

Price Target and Rating

Average Stock Price Forecast
$37.33
High Stock Price Forecast
$39.00
Low Stock Price Forecast
$34.00
Forecasted Upside/Downside
+8.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$124.40 million
Pretax Margin
37.64%

Debt

Sales & Book Value

Annual Sales
$354.97 million
Cash Flow
$2.20 per share
Book Value
$22.46 per share

Miscellaneous

Free Float
60,009,000
Market Cap
$2.11 billion
Optionable
Optionable
Beta
1.12

Social Links


Key Executives

  • Mr. Charles M. Shaffer (Age 48)
    Chairman, Pres & CEO
    Comp: $1.29M
  • Ms. Tracey L. Dexter (Age 48)
    Exec. VP & CFO
    Comp: $731.43k
  • Ms. Juliette P. Kleffel (Age 51)
    Exec. VP & Chief Banking Officer
    Comp: $673.54k
  • Mr. Joseph M. Forlenza (Age 60)
    Exec. VP & Chief Risk Officer
    Comp: $563.19k
  • Mr. Jeffrey Bray
    Exec. VP of Service & Ops
  • Ms. Jennifer Reissman
    Exec. VP & Chief Marketing Officer
  • Mr. Daniel G. Chappell
    Chief HR Officer & Exec. VP
  • Mr. Charles K. Cross Jr. (Age 64)
    Exec. VP & South Florida Market Pres
  • Mr. Jeffery Lee
    Exec. VP & Chief Digital Officer
  • Mr. Michael J. Sonego
    Exec. VP & Residential Lending Exec.













SBCF Stock - Frequently Asked Questions

Should I buy or sell Seacoast Banking Co. of Florida stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Seacoast Banking Co. of Florida in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SBCF shares.
View SBCF analyst ratings
or view top-rated stocks.

What is Seacoast Banking Co. of Florida's stock price forecast for 2022?

4 Wall Street research analysts have issued 1 year price objectives for Seacoast Banking Co. of Florida's stock. Their SBCF share price forecasts range from $34.00 to $39.00. On average, they anticipate the company's stock price to reach $37.33 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price.
View analysts price targets for SBCF
or view top-rated stocks among Wall Street analysts.

How has Seacoast Banking Co. of Florida's stock performed in 2022?

Seacoast Banking Co. of Florida's stock was trading at $35.39 at the beginning of 2022. Since then, SBCF stock has decreased by 2.8% and is now trading at $34.40.
View the best growth stocks for 2022 here
.

When is Seacoast Banking Co. of Florida's next earnings date?

Seacoast Banking Co. of Florida is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our SBCF earnings forecast
.

How were Seacoast Banking Co. of Florida's earnings last quarter?

Seacoast Banking Co. of Florida (NASDAQ:SBCF) posted its quarterly earnings results on Thursday, July, 28th. The financial services provider reported $0.53 earnings per share for the quarter, meeting the consensus estimate of $0.53. Seacoast Banking Co. of Florida had a trailing twelve-month return on equity of 9.80% and a net margin of 29.70%. During the same quarter last year, the firm earned $0.59 EPS.

How often does Seacoast Banking Co. of Florida pay dividends? What is the dividend yield for Seacoast Banking Co. of Florida?

Seacoast Banking Co. of Florida announced a quarterly dividend on Tuesday, July 19th. Investors of record on Thursday, September 15th will be paid a dividend of $0.17 per share on Friday, September 30th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date of this dividend is Wednesday, September 14th.
Read our dividend analysis for SBCF
.

Is Seacoast Banking Co. of Florida a good dividend stock?

Seacoast Banking Co. of Florida (NASDAQ:SBCF) pays an annual dividend of $0.68 per share and currently has a dividend yield of 1.97%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 36.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SBCF will have a dividend payout ratio of 26.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SBCF.

What is Denny Hudson III's approval rating as Seacoast Banking Co. of Florida's CEO?

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.

What other stocks do shareholders of Seacoast Banking Co. of Florida own?

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).

What is Seacoast Banking Co. of Florida's stock symbol?

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

Who are Seacoast Banking Co. of Florida's major shareholders?

Seacoast Banking Co. of Florida's stock is owned by many different retail and institutional investors. Top institutional investors include abrdn plc (1.78%), Pembroke Management LTD (1.04%), RMB Capital Management LLC (0.82%), Royce & Associates LP (0.77%), Ceredex Value Advisors LLC (0.61%) and Tributary Capital Management LLC (0.61%). Insiders that own company stock include Charles M Shaffer, Christopher E Fogal, Dennis S Hudson III, Robert J Lipstein and Thomas E Rossin.
View institutional ownership trends
.

How do I buy shares of Seacoast Banking Co. of Florida?

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.
Compare Top Brokerages Here.

What is Seacoast Banking Co. of Florida's stock price today?

One share of SBCF stock can currently be purchased for approximately $34.40.

How much money does Seacoast Banking Co. of Florida make?

Seacoast Banking Co. of Florida (NASDAQ:SBCF) has a market capitalization of $2.11 billion and generates $354.97 million in revenue each year. The financial services provider earns $124.40 million in net income (profit) each year or $1.88 on an earnings per share basis.

How many employees does Seacoast Banking Co. of Florida have?

Seacoast Banking Co. of Florida employs 989 workers across the globe.

When was Seacoast Banking Co. of Florida founded?

Seacoast Banking Co. of Florida was founded in 1926.

How can I contact Seacoast Banking Co. of Florida?

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.

This page (NASDAQ:SBCF) was last updated on 8/10/2022 by MarketBeat.com Staff

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