NASDAQ:SBCFSeacoast Banking Co. of Florida Stock Price, Forecast & News

Seacoast Banking Co. of Florida's stock was trading at $20.26 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SBCF shares have increased by 7.4% and is now trading at $21.75. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Seacoast Banking Co. of Florida in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Seacoast Banking Co. of Florida.

Seacoast Banking Co. of Florida is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Seacoast Banking Co. of Florida.

Seacoast Banking Co. of Florida (NASDAQ:SBCF) announced its quarterly earnings data on Tuesday, April, 28th. The financial services provider reported $0.01 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.38 by $0.37. The financial services provider earned $77.87 million during the quarter, compared to the consensus estimate of $74.48 million. Seacoast Banking Co. of Florida had a net margin of 21.99% and a return on equity of 8.87%. View Seacoast Banking Co. of Florida's earnings history.

2 Wall Street analysts have issued 1 year price objectives for Seacoast Banking Co. of Florida's shares. Their forecasts range from $21.00 to $27.00. On average, they expect Seacoast Banking Co. of Florida's stock price to reach $24.00 in the next year. This suggests a possible upside of 10.3% from the stock's current price. View analysts' price targets for Seacoast Banking Co. of Florida.

News coverage about SBCF stock has been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Seacoast Banking Co. of Florida earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutSeacoast Banking Co. of Florida.

Seacoast Banking Co. of Florida saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,460,000 shares, an increase of 11.5% from the April 30th total of 1,310,000 shares. Based on an average daily trading volume, of 316,400 shares, the days-to-cover ratio is currently 4.6 days. Approximately 2.9% of the company's shares are short sold. View Seacoast Banking Co. of Florida's Current Options Chain.

Some companies that are related to Seacoast Banking Co. of Florida include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), Zions Bancorporation NA (ZION) and East West Bancorp (EWBC). View all competitors.

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), N Atl DRILLING/SH NEW (NADLQ), Teladoc Health (TDOC), UnitedHealth Group (UNH), Verizon Communications (VZ), Coupa Software (COUP) and Frequency Therapeutics (FREQ).

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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.12%), Capital World Investors (6.80%), Wellington Management Group LLP (5.71%), State Street Corp (3.33%), Waddell & Reed Financial Inc. (2.69%) and Thrivent Financial for Lutherans (2.63%). Company insiders that own Seacoast Banking Co. of Florida stock include Charles K Jr Cross, Charles M Shaffer, Christopher E Fogal, David D Houdeshell, Dennis S Hudson III, Juliette Kleffel, Robert J Lipstein, Roger Goldman and Thomas E Rossin. View institutional ownership trends for Seacoast Banking Co. of Florida.

SBCF stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Mendon Capital Advisors Corp, Banc Funds Co. LLC, Pembroke Management LTD, Morgan Stanley, Morgan Stanley, Salzhauer Michael, and Public Sector Pension Investment Board. View insider buying and selling activity for Seacoast Banking Co. of Florida.

SBCF stock was purchased by a variety of institutional investors in the last quarter, including Capital World Investors, Wellington Management Group LLP, Schroder Investment Management Group, Ziegler Capital Management LLC, Mesirow Financial Investment Management Equity Management, BlackRock Inc., Waddell & Reed Financial Inc., and State Street Corp. Company insiders that have bought Seacoast Banking Co. of Florida stock in the last two years include Christopher E Fogal, and Robert J Lipstein. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of SBCF stock can currently be purchased for approximately $21.75.

Seacoast Banking Co. of Florida has a market capitalization of $1.15 billion and generates $346.55 million in revenue each year. The financial services provider earns $98.74 million in net income (profit) each year or $2.01 on an earnings per share basis. Seacoast Banking Co. of Florida employs 902 workers across the globe.

The official website for Seacoast Banking Co. of Florida is www.seacoastbanking.com.

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.