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

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.
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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.
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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.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our SBCF earnings forecast.

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.

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.

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.

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 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.
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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 $35.25.

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.

The company employs 989 workers across the globe.

Seacoast Banking Co. of Florida was founded in 1926.

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.