S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Former Deutsche Bank Co-CEO Anshu Jain dies
High oil prices help Saudi Aramco earn $88B in first half
US Dollar Replaced By "Biden Bucks"? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Former Deutsche Bank Co-CEO Anshu Jain dies
High oil prices help Saudi Aramco earn $88B in first half
US Dollar Replaced By "Biden Bucks"? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Former Deutsche Bank Co-CEO Anshu Jain dies
High oil prices help Saudi Aramco earn $88B in first half
US Dollar Replaced By "Biden Bucks"? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Former Deutsche Bank Co-CEO Anshu Jain dies
High oil prices help Saudi Aramco earn $88B in first half
US Dollar Replaced By "Biden Bucks"? (Ad)
NASDAQ:SBCF

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

$35.25
+0.51 (+1.47%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$34.53
$35.28
50-Day Range
$31.46
$36.75
52-Week Range
$29.28
$39.31
Volume
756,759 shs
Average Volume
330,483 shs
Market Capitalization
$2.16 billion
P/E Ratio
18.75
Dividend Yield
1.93%
Price Target
$37.33

Seacoast Banking Co. of Florida MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
5.9% Upside
$37.33 Price Target
Short Interest
Bearish
3.14% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.31mentions of Seacoast Banking Co. of Florida in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$288,000 Sold Last Quarter
Proj. Earnings Growth
31.22%
From $1.89 to $2.48 Per Share

Overall MarketRank

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

2.15 out of 5 stars

Finance Sector

620th out of 926 stocks

State Commercial Banks Industry

145th out of 193 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 Price Performance

NASDAQ:SBCF opened at $35.25 on Friday. The business's 50-day simple moving average is $33.76 and its two-hundred day simple moving average is $34.42. Seacoast Banking Co. of Florida has a 52 week low of $29.28 and a 52 week high of $39.31. The stock has a market cap of $2.16 billion, a PE ratio of 18.75 and a beta of 1.12. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.05.

Seacoast Banking Co. of Florida (NASDAQ:SBCF - Get Rating) last released its earnings results on Thursday, July 28th. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.53. Seacoast Banking Co. of Florida had a return on equity of 9.80% and a net margin of 29.70%. During the same quarter in the previous year, the company earned $0.59 earnings per share. As a group, analysts forecast that Seacoast Banking Co. of Florida will post 1.89 EPS for the current fiscal year.

Seacoast Banking Co. of Florida Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Thursday, September 15th will be issued a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 1.93%. The ex-dividend date is Wednesday, September 14th. Seacoast Banking Co. of Florida's dividend payout ratio (DPR) is presently 36.17%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. B. Riley lowered their target price on Seacoast Banking Co. of Florida from $36.00 to $34.00 in a research report on Monday, July 11th. StockNews.com raised Seacoast Banking Co. of Florida from a "sell" rating to a "hold" rating in a research report on Monday, August 1st. Finally, Truist Financial reduced their target price on shares of Seacoast Banking Co. of Florida from $42.00 to $39.00 and set a "buy" rating for the company in a report on Wednesday, July 6th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $37.33.

Insider Buying and Selling

In other Seacoast Banking Co. of Florida news, Director Dennis S. Hudson III sold 8,000 shares of Seacoast Banking Co. of Florida stock in a transaction on Monday, August 1st. The shares were sold at an average price of $36.00, for a total value of $288,000.00. Following the sale, the director now directly owns 169,698 shares in the company, valued at approximately $6,109,128. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 2.00% of the stock is owned by company insiders.

Receive SBCF Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Seacoast Banking Co. of Florida and its competitors with MarketBeat's FREE daily newsletter.

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
Receive SBCF Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Seacoast Banking Co. of Florida and its competitors with MarketBeat's FREE daily newsletter.

SBCF Company Calendar

Ex-Dividend for 6/30 Dividend
6/14/2022
Dividend Payable
6/30/2022
Last Earnings
7/28/2022
Today
8/14/2022
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
+5.9%
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
$2.35 per share
Book Value
$21.65 per share

Miscellaneous

Free Float
60,182,000
Market Cap
$2.16 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 twelve months. 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 brokerages have issued 12-month target prices for Seacoast Banking Co. of Florida's shares. Their SBCF share price forecasts range from $34.00 to $39.00. On average, they predict the company's share price to reach $37.33 in the next year. This suggests a possible upside of 5.9% from the stock's current price.
View analysts price targets for SBCF
or view top-rated stocks among Wall Street analysts.

How have SBCF shares performed in 2022?

Seacoast Banking Co. of Florida's stock was trading at $35.39 at the beginning of the year. Since then, SBCF shares have decreased by 0.4% and is now trading at $35.25.
View the best growth stocks for 2022 here
.

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

The company 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, hitting the consensus estimate of $0.53. Seacoast Banking Co. of Florida had a net margin of 29.70% and a trailing twelve-month return on equity of 9.80%. During the same quarter last year, the business posted $0.59 earnings per share.

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 1.93%. The ex-dividend date 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 1.96%. 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 27.42% 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 institutional and retail investors. Top institutional shareholders include abrdn plc (1.78%), William Blair Investment Management LLC (1.78%), Northern Trust Corp (1.04%), Pembroke Management LTD (1.04%), RMB Capital Management LLC (0.82%) and Royce & Associates LP (0.77%). 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 $35.25.

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

Seacoast Banking Co. of Florida (NASDAQ:SBCF) has a market capitalization of $2.16 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?

The company 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 8/14/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.