About Seacoast Banking Corporation of Florida (NASDAQ:SBCF)
Seacoast Banking Corporation of Florida is a bank holding company. The Company's principal subsidiary is Seacoast National Bank, a national banking association (the Bank). The Company and its subsidiaries offer an array of deposit accounts and retail banking services, engage in consumer and commercial lending and provide a range of trust and asset management services, as well as securities and annuity products to its customers. The Company, through its bank subsidiary, provides a range of community banking services to commercial, small business and retail customers, offering a range of transaction and savings deposit products, treasury management services, brokerage, and secured and unsecured loan products, including revolving credit facilities, letters of credit and similar financial guarantees, and asset based financing. The Bank also provides trust and investment management services to retirement plans, corporations and individuals.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Banks
- Sub-Industry: Regional Banks
- Symbol: NASDAQ:SBCF
- CUSIP: 81170730
- Web: www.seacoastnational.com
Capitalization:- Market Cap: $1.08346 billion
- Outstanding Shares: 42,841,000
Average Prices:- 50 Day Moving Avg: $23.28
- 200 Day Moving Avg: $23.57
- 52 Week Range: $16.82 - $25.88
P/E:- Trailing P/E Ratio: 27.72
- Foreward P/E Ratio: 15.39
- P/E Growth: 2.21
Sales & Book Value:- Annual Revenue: $193.25 million
- Price / Sales: 5.46
- Book Value: $13.48 per share
- Price / Book: 1.83
Profitability:- Net Margins: 17.09%
- Return on Equity: 9.20%
- Return on Assets: 0.93%
Debt:- Debt-to-Equity Ratio: 0.81%
- Current Ratio: 0.83%
- Quick Ratio: 0.83%
Misc:- Average Volume: 183,625 shs.
- Beta: 0.76
- Short Ratio: 5.07
Frequently Asked Questions for Seacoast Banking Corporation of Florida (NASDAQ:SBCF)
What is Seacoast Banking Corporation of Florida's stock symbol?
Seacoast Banking Corporation of Florida trades on the NASDAQ under the ticker symbol "SBCF."
How were Seacoast Banking Corporation of Florida's earnings last quarter?
Seacoast Banking Corporation of Florida (NASDAQ:SBCF) posted its quarterly earnings results on Thursday, July, 27th. The company reported $0.29 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.29. The company earned $54.60 million during the quarter, compared to the consensus estimate of $53.90 million. Seacoast Banking Corporation of Florida had a return on equity of 9.20% and a net margin of 17.09%. The business's quarterly revenue was up 25.2% on a year-over-year basis. During the same period last year, the business earned $0.24 EPS. View Seacoast Banking Corporation of Florida's Earnings History.
When will Seacoast Banking Corporation of Florida make its next earnings announcement?
Where is Seacoast Banking Corporation of Florida's stock going? Where will Seacoast Banking Corporation of Florida's stock price be in 2017?
6 brokers have issued 1 year price objectives for Seacoast Banking Corporation of Florida's stock. Their predictions range from $22.00 to $27.00. On average, they expect Seacoast Banking Corporation of Florida's stock price to reach $24.67 in the next year. View Analyst Ratings for Seacoast Banking Corporation of Florida.
Who are some of Seacoast Banking Corporation of Florida's key competitors?
Some companies that are related to Seacoast Banking Corporation of Florida include Capital Bank Financial Corp. (CBF), Astoria Financial Corporation (AF), First Merchants Corporation (FRME), Renasant Corporation (RNST), Flagstar Bancorp (FBC), Close Brothers Group plc (CBG), Capitol Federal Financial (CFFN), Banner Corporation (BANR), Grupo Supervielle SA -ADR (SUPV), Simmons First National Corporation (SFNC), Cadence Bancorp (CADE), LegacyTexas Financial Group (LTXB), Northwest Bancshares (NWBI), BancFirst Corporation (BANF), Ameris Bancorp (ABCB), WesBanco (WSBC), BofI Holding (BOFI) and First Financial Bancorp. (FFBC).
Who are Seacoast Banking Corporation of Florida's key executives?
Seacoast Banking Corporation of Florida's management team includes the folowing people:
- Dennis S. Hudson III, Chairman of the Board, Chief Executive Officer; President of the Bank
- Charles M. Shaffer, Chief Financial Officer, Executive Vice President
- Charles K. Cross, Executive Vice President - Commercial Banking
- David D. Houdeshell, Executive Vice President, Chief Credit Officer of the Company and the Bank
- Roger O. Goldman, Lead Independent Director
- Dennis S. Hudson Jr., Director
- Herbert A. Lurie, Director
- Alvaro J. Monserrat, Director
- Dennis J. Arczynski, Independent Director
Who owns Seacoast Banking Corporation of Florida stock?
Seacoast Banking Corporation of Florida's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Nationwide Fund Advisors (0.13%) and Quantitative Systematic Strategies LLC (0.04%). Company insiders that own Seacoast Banking Corporation of Florida stock include H Gilbert Culbreth Jr, Julie H Daum, Maryann Goebel, Robert Goldstein and Roger Goldman. View Institutional Ownership Trends for Seacoast Banking Corporation of Florida.
Who bought Seacoast Banking Corporation of Florida stock? Who is buying Seacoast Banking Corporation of Florida stock?
Seacoast Banking Corporation of Florida's stock was purchased by a variety of institutional investors in the last quarter, including Quantitative Systematic Strategies LLC and Nationwide Fund Advisors. Company insiders that have bought Seacoast Banking Corporation of Florida stock in the last two years include H Gilbert Culbreth Jr, Julie H Daum and Maryann Goebel. View Insider Buying and Selling for Seacoast Banking Corporation of Florida.
How do I buy Seacoast Banking Corporation of Florida stock?
Shares of Seacoast Banking Corporation of Florida can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Seacoast Banking Corporation of Florida's stock price today?
One share of Seacoast Banking Corporation of Florida stock can currently be purchased for approximately $24.62.
MarketBeat Community Rating for Seacoast Banking Corporation of Florida (NASDAQ SBCF)MarketBeat's community ratings are surveys of what our community members think about Seacoast Banking Corporation of Florida and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Seacoast Banking Corporation of Florida (NASDAQ:SBCF) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 5 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.83) |
| Consensus Price Target: | $24.67 (0.19% upside) |
Consensus Price Target History for Seacoast Banking Corporation of Florida (NASDAQ:SBCF)
Analysts' Ratings History for Seacoast Banking Corporation of Florida (NASDAQ:SBCF)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/5/2017 | FBR & Co | Reiterated Rating | Buy | $27.00 | Medium |  |
| 5/19/2017 | FIG Partners | Upgrade | Market-Perform -> Outperform | | Low | |
| 3/15/2017 | Guggenheim | Initiated Coverage | Neutral -> Neutral | $25.00 | Low | |
| 2/13/2017 | SunTrust Banks, Inc. | Upgrade | Hold -> Buy | | N/A | |
| 11/30/2016 | Raymond James Financial, Inc. | Initiated Coverage | Outperform | | N/A | |
| 11/30/2016 | Citigroup Inc. | Initiated Coverage | Outperform | $22.00 | N/A | |
| 9/6/2016 | Hovde Group | Downgrade | Outperform -> Market Perform | | N/A | |
| 9/1/2016 | Keefe, Bruyette & Woods | Upgrade | Market Perform -> Outperform | $18.00 -> $20.00 | N/A | |
(Data available from 10/24/2015 forward)
Earnings History for Seacoast Banking Corporation of Florida (NASDAQ:SBCF)Earnings History by Quarter for Seacoast Banking Corporation of Florida (NASDAQ SBCF)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/26/2017 | | $0.33 | | | | | N/A | |
| 7/27/2017 | Q2 2017 | $0.29 | $0.29 | $53.90 million | $54.60 million | View | N/A | |
| 4/25/2017 | Q1 2017 | $0.27 | $0.26 | $47.55 million | $48.10 million | View | N/A | |
| 2/1/2017 | Q416 | $0.30 | $0.30 | $48.42 million | $47.35 million | View | Listen | |
| 10/26/2016 | Q3 | $0.27 | $0.28 | $47.20 million | $47.21 million | View | Listen | |
| 7/27/2016 | Q2 | $0.23 | $0.23 | $43.42 million | $43.65 million | View | Listen | |
| 4/28/2016 | Q116 | $0.19 | $0.19 | $37.27 million | $38.94 million | View | Listen | |
| 1/28/2016 | Q415 | $0.19 | $0.19 | $37.25 million | $37.30 million | View | Listen | |
| 10/22/2015 | Q3 | $0.19 | $0.19 | $35.92 million | $37.10 million | View | Listen | |
| 7/23/2015 | Q2 | $0.19 | $0.35 | $33.26 million | $34.50 million | View | Listen | |
| 4/28/2015 | Q115 | $0.16 | $0.19 | $31.77 million | $33.02 million | View | N/A | |
| 1/27/2015 | Q414 | $0.12 | $0.13 | $30.03 million | $31.98 million | View | N/A | |
| 10/27/2014 | Q314 | $0.10 | $0.13 | $22.98 million | $23.72 million | View | N/A | |
| 7/28/2014 | Q214 | $0.10 | $0.12 | $22.52 million | $22.62 million | View | N/A | |
| 4/24/2014 | Q114 | $0.09 | $0.09 | $22.53 million | $21.80 million | View | N/A | |
| 1/29/2014 | Q413 | $0.07 | $0.03 | $22.78 million | | View | N/A | |
| 10/28/2013 | Q313 | $0.02 | $0.04 | $22.40 million | | View | N/A | |
| 7/29/2013 | Q2 2013 | $0.01 | $0.02 | $21.89 million | $22.40 million | View | N/A | |
| 4/25/2013 | Q1 2013 | | $0.01 | $21.39 million | | View | N/A | |
| 1/24/2013 | Q4 2012 | $0.01 | $0.01 | $21.80 million | | View | N/A | |
| 10/25/2012 | | ($0.02) | ($0.01) | | | View | N/A | |
| 7/26/2012 | | | ($0.03) | | | View | N/A | |
| 1/26/2012 | | $0.01 | $0.02 | | | View | N/A | |
| 10/20/2011 | | | $0.02 | | | View | N/A | |
| 4/25/2011 | | ($0.06) | ($0.01) | | | View | N/A | |
| 1/26/2011 | | ($0.07) | ($0.12) | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Seacoast Banking Corporation of Florida (NASDAQ:SBCF)2017 EPS Consensus Estimate: $1.25
2018 EPS Consensus Estimate: $1.55
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 3 | $0.26 | $0.30 | $0.27 |
| Q2 2017 | 3 | $0.28 | $0.30 | $0.29 |
| Q3 2017 | 3 | $0.32 | $0.34 | $0.33 |
| Q4 2017 | 3 | $0.35 | $0.36 | $0.35 |
| Q1 2018 | 3 | $0.33 | $0.36 | $0.35 |
| Q2 2018 | 3 | $0.37 | $0.38 | $0.38 |
| Q3 2018 | 3 | $0.39 | $0.41 | $0.40 |
| Q4 2018 | 3 | $0.41 | $0.43 | $0.42 |
(Data provided by Zacks Investment Research)
Dividend History for Seacoast Banking Corporation of Florida (NASDAQ:SBCF)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Seacoast Banking Corporation of Florida (NASDAQ:SBCF)Insider Ownership Percentage: 2.80%
Institutional Ownership Percentage: 77.64%
Insider Trades by Quarter for Seacoast Banking Corporation of Florida (NASDAQ:SBCF)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/8/2017 | Roger Goldman | Director | Sell | 2,200 | $24.11 | $53,042.00 | |
| 5/30/2017 | Roger Goldman | Director | Sell | 3,000 | $22.55 | $67,650.00 | |
| 2/21/2017 | Robert Goldstein | Major Shareholder | Sell | 6,210,000 | $22.25 | $138,172,500.00 | |
| 2/15/2017 | Julie H Daum | Director | Buy | 4,500 | $22.25 | $100,125.00 | |
| 11/29/2016 | Julie H Daum | Director | Buy | 3,000 | $19.93 | $59,790.00 | |
| 5/25/2016 | Maryann Goebel | Director | Buy | 5,850 | $16.82 | $98,397.00 | |
| 2/5/2016 | H Gilbert Culbreth Jr | Director | Buy | 128 | $14.25 | $1,824.00 | |
| 11/6/2015 | Julie H Daum | Director | Buy | 3,200 | $15.75 | $50,400.00 | |
| 5/1/2015 | Julie H Daum | Director | Buy | 7,200 | $13.89 | $100,008.00 | |
| 12/1/2014 | Stephen E Bohner | Director | Buy | 11,800 | $12.72 | $150,096.00 | |
| 11/13/2014 | Jacqueline Lynette Bradley | Director | Buy | 1,000 | $13.53 | $13,530.00 | |
| 5/1/2014 | Julie Daum | Director | Buy | 2,350 | $10.64 | $25,004.00 | |
| 1/13/2014 | Robert Goldstein | Insider | Buy | 2,325,581 | $2.15 | $4,999,999.15 | |
| 11/14/2013 | Edwin Walpole III | Director | Buy | 44,500 | $2.23 | $99,235.00 | |
| 3/1/2013 | Stephen E Bohner | Director | Buy | 49,000 | $2.04 | $99,960.00 | |
| 2/13/2013 | Roger Goldman | Director | Buy | 5,000 | $1.99 | $9,950.00 | |
| 1/29/2013 | Roger Goldman | Director | Buy | 5,000 | $1.68 | $8,400.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Seacoast Banking Corporation of Florida (NASDAQ:SBCF)
Latest Headlines for Seacoast Banking Corporation of Florida (NASDAQ:SBCF)
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Seacoast Banking Corporation of Florida (SBCF) Chart for Tuesday, October, 24, 2017
