NASDAQ:SBCF

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

$33.57

+0.99 (+3.04 %)

(As of 01/22/2021 12:00 AM ET)

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Today's Range

$32.15

Now: $33.57▼

$33.69

50-Day Range

$27.40

MA: $30.19▼

$33.79

52-Week Range

$13.30

Now: $33.57▼

$34.08

Volume348,333 shs

Average Volume305,680 shs

Market Capitalization$1.85 billion

P/E Ratio23.64

Dividend YieldN/A

Beta1.34

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. The company offers commercial and retail banking, wealth management, and mortgage services; and brokerage and annuity services. It offers deposit products, including interest-bearing and noninterest demand deposits, money market and savings accounts, customer sweep accounts, and time certificates of deposit; construction and land development loans, commercial and residential real estate loans, and commercial and financial loans; and consumer loans, including installment loans and revolving lines, as well as loans for automobiles, boats, and other personal, family, and household purposes. As of October 27, 2020, the company operated 51 traditional branches and 9 commercial banking centers. Seacoast Banking Corporation of Florida was founded in 1926 and is headquartered in Stuart, Florida.

MarketRank^™

Overall MarketRank^™

1.47 out of 5 stars

Finance Sector

698th out of 1,934 stocks

State Commercial Banks Industry

156th out of 309 stocks

1.5 Analyst's Opinion

Consensus Rating
Seacoast Banking Co. of Florida has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $30.50, Seacoast Banking Co. of Florida has a forecasted downside of 9.1% from its current price of $33.57.
Amount of Analyst Coverage
Seacoast Banking Co. of Florida has only been the subject of 2 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
Seacoast Banking Co. of Florida has received 271 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Seacoast Banking Co. of Florida has received 312 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Seacoast Banking Co. of Florida has received 53.52% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Seacoast Banking Co. of Florida and other stocks. Vote “Outperform” if you believe SBCF will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SBCF will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Seacoast Banking Co. of Florida does not currently pay a dividend.
Dividend Growth
Seacoast Banking Co. of Florida does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Seacoast Banking Co. of Florida insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $190,922.00 in company stock.
Percentage Held by Insiders
Only 3.00% of the stock of Seacoast Banking Co. of Florida is held by insiders.
Percentage Held by Institutions
79.40% of the stock of Seacoast Banking Co. of Florida is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Seacoast Banking Co. of Florida are expected to grow by 9.55% in the coming year, from $1.57 to $1.72 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Seacoast Banking Co. of Florida is 23.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.95.
Price to Earnings Ratio vs. Sector
The P/E ratio of Seacoast Banking Co. of Florida is 23.64, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 22.02.
Price to Book Value per Share Ratio
Seacoast Banking Co. of Florida has a P/B Ratio of 1.75. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNASDAQ:SBCF

Previous Symbol

CUSIP81170730

CIK730708

Webwww.seacoastbanking.com

Phone772-287-4000

Employees968

Debt

Debt-to-Equity Ratio0.10

Current Ratio0.88

Quick Ratio0.87

Price-To-Earnings

Trailing P/E Ratio23.64

Forward P/E Ratio21.38

P/E GrowthN/A

Sales & Book Value

Annual Sales$346.55 million

Price / Sales5.34

Cash Flow$2.28 per share

Price / Cash Flow14.75

Book Value$19.15 per share

Price / Book1.75

Profitability

EPS (Most Recent Fiscal Year)$2.01

Net Income$98.74 million

Net Margins21.62%

Return on Equity8.29%

Return on Assets1.10%

Miscellaneous

Outstanding Shares55,169,000

Market Cap$1.85 billion

Next Earnings Date1/28/2021 (Confirmed)

OptionableOptionable

$33.57

+0.99 (+3.04 %)

(As of 01/22/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Seacoast Banking Co. of Florida (NASDAQ:SBCF) Frequently Asked Questions

How has Seacoast Banking Co. of Florida's stock been impacted by COVID-19?

Seacoast Banking Co. of Florida's stock was trading at $20.26 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SBCF stock has increased by 65.7% and is now trading at $33.57.
View which stocks have been most impacted by COVID-19.

Is Seacoast Banking Co. of Florida a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Seacoast Banking Co. of Florida in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Seacoast Banking Co. of Florida stock.
View analyst ratings for Seacoast Banking Co. of Florida or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Seacoast Banking Co. of Florida?

Wall Street analysts have given Seacoast Banking Co. of Florida a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Seacoast Banking Co. of Florida wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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 CEO Denny Hudson III on Glassdoor.com. Denny Hudson III has an approval rating of 82% among Seacoast Banking Co. of Florida's employees.

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

Seacoast Banking Co. of Florida is scheduled to release its next quarterly earnings announcement on Thursday, January 28th 2021.
View our earnings forecast for Seacoast Banking Co. of Florida.

How can I listen to Seacoast Banking Co. of Florida's earnings call?

Seacoast Banking Co. of Florida will be holding an earnings conference call on Thursday, January 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Seacoast Banking Co. of Florida's earnings last quarter?

Seacoast Banking Co. of Florida (NASDAQ:SBCF) released its quarterly earnings data on Sunday, November, 1st. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.38 by $0.04. The financial services provider earned $80.45 million during the quarter, compared to the consensus estimate of $84.49 million. Seacoast Banking Co. of Florida had a trailing twelve-month return on equity of 8.29% and a net margin of 21.62%.
View Seacoast Banking Co. of Florida's earnings history.

What price target have analysts set for SBCF?

2 Wall Street analysts have issued 12 month price objectives for Seacoast Banking Co. of Florida's shares. Their forecasts range from $28.00 to $33.00. On average, they anticipate Seacoast Banking Co. of Florida's stock price to reach $30.50 in the next year. This suggests that the stock has a possible downside of 9.1%.
View analysts' price targets for Seacoast Banking Co. of Florida or view Wall Street analyst' top-rated stocks.

Who are some of Seacoast Banking Co. of Florida's key competitors?

Some companies that are related to Seacoast Banking Co. of Florida include Truist Financial (TFC), The PNC Financial Services Group (PNC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), East West Bancorp (EWBC), Signature Bank (SBNY), Commerce Bancshares (CBSH), First Horizon (FHN), Zions Bancorporation, National Association (ZION) and Western Alliance Bancorporation (WAL).
View all of SBCF's competitors.

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).

Who are Seacoast Banking Co. of Florida's key executives?

Seacoast Banking Co. of Florida's management team includes the following people:

Mr. Dennis S. Hudson III, Exec. Chairman (Age 66, Pay $633.37k)
Mr. Charles M. Shaffer, CEO & Director (Age 47, Pay $444.75k)
Mr. David D. Houdeshell, Exec. VP and Director of Credit Analytics & Policy (Age 61, Pay $311.87k)
Mr. Charles K. Cross Jr., Exec. VP & South Florida Market Pres (Age 63, Pay $353.31k)
Ms. Juliette P. Kleffel, Chief Banking Officer (Age 50, Pay $336.38k)
Ms. Tracey Dexter, Exec. VP & CFO
Mr. Jeffrey Bray, Exec. VP of Service & Ops
Jennifer Reissman, Exec. VP, Chief Marketing Officer & IR Officer
Mr. Daniel G. Chappell, Chief HR Officer & Exec. VP
Mr. Jeffery Lee, Chief Digital Officer

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 a variety of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.08%), Louisiana State Employees Retirement System (0.05%), First National Bank of Mount Dora Trust Investment Services (0.02%), Raymond James Trust N.A. (0.02%) and Sippican Capital Advisors (0.01%). 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 and Thomas E Rossin.
View institutional ownership trends for Seacoast Banking Co. of Florida.

Which institutional investors are selling Seacoast Banking Co. of Florida stock?

SBCF stock was sold by a variety of institutional investors in the last quarter, including First National Bank of Mount Dora Trust Investment Services, and State of Alaska Department of Revenue.
View insider buying and selling activity for Seacoast Banking Co. of Florida or view top insider-selling stocks.

Which institutional investors are buying Seacoast Banking Co. of Florida stock?

SBCF stock was bought by a variety of institutional investors in the last quarter, including Raymond James Trust N.A., Sippican Capital Advisors, and Louisiana State Employees Retirement System. 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 or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Seacoast Banking Co. of Florida's stock price today?

One share of SBCF stock can currently be purchased for approximately $33.57.

How big of a company is Seacoast Banking Co. of Florida?

Seacoast Banking Co. of Florida has a market capitalization of $1.85 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 968 workers across the globe.

What is Seacoast Banking Co. of Florida's official website?

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

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 financial services provider can be reached via phone at 772-287-4000.

This page was last updated on 1/23/2021 by MarketBeat.com Staff

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