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

2 Wall Street research 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. The consensus among Wall Street research analysts is that investors should "buy" SBCF shares.
View SBCF analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued 12 month target prices for Seacoast Banking Co. of Florida's shares. Their SBCF share price forecasts range from $34.00 to $38.00. On average, they anticipate the company's share price to reach $35.33 in the next year. This suggests a possible upside of 3.9% 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 $35.39 on January 1st, 2022. Since then, SBCF stock has decreased by 3.9% and is now trading at $34.01.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, January 26th 2023.
View our SBCF earnings forecast.

Seacoast Banking Co. of Florida (NASDAQ:SBCF) announced its quarterly earnings results on Wednesday, October, 27th. The financial services provider reported $0.40 EPS for the quarter, missing analysts' consensus estimates of $0.49 by $0.09. The financial services provider earned $90.35 million during the quarter, compared to analyst estimates of $85.84 million. Seacoast Banking Co. of Florida had a trailing twelve-month return on equity of 9.80% and a net margin of 30.14%. During the same quarter in the prior year, the company earned $0.50 earnings per share.

Seacoast Banking Co. of Florida declared a quarterly dividend on Tuesday, October 18th. Shareholders of record on Thursday, December 15th will be paid a dividend of $0.17 per share on Friday, December 30th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date is Wednesday, December 14th.
Read our dividend analysis for SBCF.

Seacoast Banking Co. of Florida (NASDAQ:SBCF) pays an annual dividend of $0.68 per share and currently has a dividend yield of 2.02%. 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 34.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SBCF will have a dividend payout ratio of 31.78% 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.70%), Vanguard Group Inc. (6.70%), State Street Corp (4.47%), Dimensional Fund Advisors LP (2.91%), Segall Bryant & Hamill LLC (2.88%) and Fred Alger Management LLC (2.66%). 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.

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 $34.01.

Seacoast Banking Co. of Florida (NASDAQ:SBCF) has a market capitalization of $2.09 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 $1.95 on an earnings per share basis.

The company employs 989 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.