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

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

Seacoast Banking Co. of Florida (NASDAQ:SBCF) announced its earnings results on Thursday, January, 23rd. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.50 by $0.02. The financial services provider had revenue of $78.14 million for the quarter, compared to analyst estimates of $75.32 million. Seacoast Banking Co. of Florida had a net margin of 28.49% and a return on equity of 11.08%. View Seacoast Banking Co. of Florida's Earnings History.

Seacoast Banking Co. of Florida is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Seacoast Banking Co. of Florida.

3 analysts have issued 1 year price targets for Seacoast Banking Co. of Florida's shares. Their forecasts range from $27.50 to $30.00. On average, they anticipate Seacoast Banking Co. of Florida's stock price to reach $28.83 in the next year. This suggests a possible upside of 7.7% from the stock's current price. View Analyst Price Targets for Seacoast Banking Co. of Florida.

3 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 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Seacoast Banking Co. of Florida.

News coverage about SBCF stock has been trending very negative on Sunday, according to InfoTrie. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Seacoast Banking Co. of Florida earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Seacoast Banking Co. of Florida.

Seacoast Banking Co. of Florida saw a increase in short interest in January. As of January 31st, there was short interest totalling 1,680,000 shares, an increase of 12.8% from the January 15th total of 1,490,000 shares. Based on an average daily volume of 239,600 shares, the short-interest ratio is currently 7.0 days. Currently, 3.4% 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 PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC) and TCF Financial (TCF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Seacoast Banking Co. of Florida investors own include Arrow Financial (AROW), Main Street Capital (MAIN), Government Properties Income Trust (GOV), Peloton (PTON), AbbVie (ABBV), Chewy (CHWY), Snap (SNAP), Teladoc Health (TDOC), UnitedHealth Group (UNH) and Verizon Communications (VZ).

Seacoast Banking Co. of Florida's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (3.22%), Thrivent Financial for Lutherans (2.69%), Bank of New York Mellon Corp (2.34%), Investment Counselors of Maryland LLC (1.70%), GW&K Investment Management LLC (1.68%) and Geode Capital Management LLC (1.38%). Company insiders that own Seacoast Banking Co. of Florida stock include Charles K Jr Cross, Charles M Shaffer, 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 Jennison Associates LLC, William Blair Investment Management LLC, Banc Funds Co. LLC, Otter Creek Advisors LLC, Bank of America Corp DE, Arizona State Retirement System, Stifel Financial Corp and Hillcrest Asset Management LLC. Company insiders that have sold Seacoast Banking Co. of Florida company stock in the last year include Juliette Kleffel and Thomas E Rossin. View Insider Buying and Selling for Seacoast Banking Co. of Florida.

SBCF stock was bought by a variety of institutional investors in the last quarter, including GW&K Investment Management LLC, Thrivent Financial for Lutherans, Goldman Sachs Group Inc., Nicholas Investment Partners LP, Panagora Asset Management Inc., Great West Life Assurance Co. Can, State Street Corp and Pembroke Management LTD. View Insider Buying and Selling 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 $26.78.

Seacoast Banking Co. of Florida has a market capitalization of $1.38 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.View Additional Information About Seacoast Banking Co. of Florida.

The official website for Seacoast Banking Co. of Florida is http://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.