Should I buy or sell Seacoast Banking Co. of Florida stock right now?

3 Wall Street equities research 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 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SBCF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SBCF, but not buy additional shares or sell existing shares. View SBCF analyst ratings or view top-rated stocks .

What is Seacoast Banking Co. of Florida's stock price target for 2024?

3 analysts have issued 1-year price targets for Seacoast Banking Co. of Florida's shares. Their SBCF share price targets range from $23.00 to $27.50. On average, they predict the company's stock price to reach $25.63 in the next twelve months. This suggests a possible upside of 15.2% 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 2024?

Seacoast Banking Co. of Florida's stock was trading at $28.46 at the start of the year. Since then, SBCF shares have decreased by 21.8% and is now trading at $22.25. View the best growth stocks for 2024 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, April 25th 2024. View our SBCF earnings forecast .

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 Friday, April 26th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link .

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

Seacoast Banking Co. of Florida (NASDAQ:SBCF) released its earnings results on Thursday, January, 25th. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.40 by $0.05. The financial services provider earned $128.16 million during the quarter, compared to the consensus estimate of $135.33 million. Seacoast Banking Co. of Florida had a net margin of 13.54% and a trailing twelve-month return on equity of 5.04%.

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 Thursday, March 14th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.18 per share on Friday, March 29th. This represents a $0.72 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date is Thursday, March 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 $0.72 per share and currently has a dividend yield of 3.20%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 58.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SBCF will have a dividend payout ratio of 42.86% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SBCF .

What ETFs hold Seacoast Banking Co. of Florida's stock?

ETFs with the largest weight of Seacoast Banking Co. of Florida (NASDAQ:SBCF) stock in their portfolio include Opus Small Cap Value Plus ETF (OSCV) , First Trust NASDAQ ABA Community Bank Index Fund (QABA) and Harbor Corporate Culture Small Cap ETF (HAPS) . SPDR S&P 600 Small Cap ETF (SLY) .

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) .

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:SBCF

Seacoast Banking Co. of Florida (SBCF) Stock Price, News & Analysis

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$22.25

-0.26 (-1.16%)

(As of 04/15/2024 ET)

Compare

Today's Range: $22.04
▼
$22.88
50-Day Range: $22.25
▼
$25.45
52-Week Range: $17.93
▼
$29.98

Volume: 355,010 shs
Average Volume: 406,892 shs
Market Capitalization: $1.89 billion

P/E Ratio: 17.94
Dividend Yield: 3.24%
Price Target: $25.63

Get Seacoast Banking Co. of Florida alerts:

Seacoast Banking Co. of Florida MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 15.2% Upside
$25.63 Price Target
Short Interest: Bearish
2.53% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.13
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 14.29%
From $1.47 to $1.68 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.04 out of 5 stars

Finance Sector

491st out of 873 stocks

State Commercial Banks Industry

127th out of 178 stocks

2.2

Analyst's Opinion

Consensus Rating
Seacoast Banking Co. of Florida has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Seacoast Banking Co. of Florida has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.53% of the outstanding shares of Seacoast Banking Co. of Florida have been sold short.
Short Interest Ratio / Days to Cover
Seacoast Banking Co. of Florida has a short interest ratio ("days to cover") of 5.3.
Change versus previous month
Short interest in Seacoast Banking Co. of Florida has recently increased by 6.44%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Seacoast Banking Co. of Florida pays a meaningful dividend of 3.20%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Seacoast Banking Co. of Florida has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Seacoast Banking Co. of Florida is 58.06%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Seacoast Banking Co. of Florida will have a dividend payout ratio of 42.86% next year. This indicates that Seacoast Banking Co. of Florida will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SBCF.

2.3

News and Social Media Coverage

News Sentiment
Seacoast Banking Co. of Florida has a news sentiment score of 1.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Seacoast Banking Co. of Florida this week, compared to 2 articles on an average week.
Search Interest
Only 1 people have searched for SBCF on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Seacoast Banking Co. of Florida to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Seacoast Banking Co. of Florida insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.50% of the stock of Seacoast Banking Co. of Florida is held by insiders.
Percentage Held by Institutions
81.77% 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.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Seacoast Banking Co. of Florida are expected to grow by 14.29% in the coming year, from $1.47 to $1.68 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Seacoast Banking Co. of Florida is 17.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.24.
Price to Earnings Ratio vs. Sector
The P/E ratio of Seacoast Banking Co. of Florida is 17.94, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.99.
Price to Book Value per Share Ratio
Seacoast Banking Co. of Florida has a P/B Ratio of 0.90. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Seacoast Banking Co. of Florida Stock (NASDAQ:SBCF)

Seacoast Banking Corporation of Florida operates as the bank holding company for Seacoast National Bank that provides integrated financial services to retail and commercial customers in Florida. 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 and family purposes. It also provides wealth management, mortgage, and insurance services through online and mobile banking solutions, as well as brokerage and annuity services. Seacoast Banking Corporation of Florida was founded in 1926 and is headquartered in Stuart, Florida.

SBCF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SBCF Stock News Headlines

April 12, 2024 | finance.yahoo.com

Institutional shareholders may be less affected by Seacoast Banking Corporation of Florida's (NASDAQ:SBCF) pullback last week after a year of 1.5% returns

April 4, 2024 | finance.yahoo.com

SBCF: Lowering target price to $25.00

April 16, 2024 | InvestorPlace (Ad)

“Forget Tesla, this is Elon’s Next Big Thing”

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April 3, 2024 | msn.com

Florida ranks in top five states with the lowest tax burden. Here’s what that means.

April 1, 2024 | finance.yahoo.com

Seacoast Banking Corporation of Florida to Announce First Quarter Earnings Results April 25, 2024

April 1, 2024 | globenewswire.com

Seacoast Banking Corporation of Florida to Announce First Quarter Earnings Results April 25, 2024

March 29, 2024 | bizjournals.com

BusinessWoman of the Year 2024: Darlene Johnson of Suncoast Credit Union

March 28, 2024 | msn.com

South Florida condo ownership is at risk of financial collapse. Climate change makes it worse.

April 16, 2024 | InvestorPlace (Ad)

“Forget Tesla, this is Elon’s Next Big Thing”

According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.

March 11, 2024 | finance.yahoo.com

Seacoast Banking Corporation of Florida (SBCF)

March 1, 2024 | finance.yahoo.com

Seacoast Banking Corporation of Florida Full Year 2023 Earnings: EPS Misses Expectations

February 23, 2024 | bizjournals.com

Credit union to open 1st Broward County branch in Pembroke Pines

January 31, 2024 | msn.com

Julie Daum Retires from Seacoast Bank’s Board of Directors

January 30, 2024 | markets.businessinsider.com

Key Takeaways From Seacoast Banking Analyst Ratings

January 27, 2024 | finance.yahoo.com

Q4 2023 Seacoast Banking Corporation of Florida Earnings Call

January 26, 2024 | seekingalpha.com

Seacoast Banking Corporation of Florida 2023 Q4 - Results - Earnings Call Presentation

January 26, 2024 | finanznachrichten.de

Seacoast Banking Corporation of Florida: Seacoast Reports Fourth Quarter and Full Year 2023 Results

January 26, 2024 | markets.businessinsider.com

KBW Keeps Their Hold Rating on Seacoast Banking Of Florida (SBCF)

January 25, 2024 | finance.yahoo.com

Seacoast Reports Fourth Quarter and Full Year 2023 Results

January 25, 2024 | finance.yahoo.com

Seacoast Banking Corp of Florida Reports Mixed Results for Q4 and Full Year 2023

January 25, 2024 | finance.yahoo.com

Seacoast Banking (SBCF) Reports Q4 Earnings: What Key Metrics Have to Say

January 23, 2024 | finance.yahoo.com

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) earnings and shareholder returns have been trending downwards for the last three years, but the stock climbs 4.2% this past week

January 22, 2024 | finance.yahoo.com

Ahead of Seacoast Banking (SBCF) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics

January 22, 2024 | finance.yahoo.com

Seacoast Banking Corporation of Florida Declares Quarterly Dividend on Common Stock

January 18, 2024 | msn.com

Seacoast Banking declares $0.18 dividend

January 5, 2024 | finance.yahoo.com

Seacoast Banking Corporation of Florida to Announce Fourth Quarter Earnings Results January 25, 2024

January 3, 2024 | morningstar.com

Seacoast Banking Corp of Florida SBCF

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Company Calendar

Last Earnings: 1/25/2024
Ex-Dividend for 3/29 Dividend: 3/14/2024
Dividend Payable: 3/29/2024
Today: 4/15/2024
Next Earnings (Confirmed): 4/25/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: State commercial banks
Sub-Industry: Regional Banks
Current Symbol: NASDAQ:SBCF
CUSIP: 81170730
CIK: 730708
Web: www.seacoastbanking.com
Phone: (772) 287-4000
Fax: 772-288-6012
Employees: 1,541
Year Founded: 1926

Price Target and Rating

Average Stock Price Target: $25.63
High Stock Price Target: $27.50
Low Stock Price Target: $23.00
Potential Upside/Downside: +15.2%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.24
Trailing P/E Ratio: 17.94
Forward P/E Ratio: 15.14
P/E Growth: N/A
Net Income: $104.03 million
Net Margins: 13.54%
Pretax Margin: 17.48%
Return on Equity: 5.04%
Return on Assets: 0.70%

Debt

Debt-to-Equity Ratio: 0.07
Current Ratio: 0.85
Quick Ratio: 0.85

Sales & Book Value

Annual Sales: $768.13 million
Price / Sales: 2.46
Cash Flow: $1.20 per share
Price / Cash Flow: 18.52
Book Value: $24.76 per share
Price / Book: 0.90

Miscellaneous

Outstanding Shares: 84,930,000
Free Float: 83,654,000
Market Cap: $1.89 billion
Optionable: Optionable
Beta: 1.16

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Key Executives

Mr. Charles M. Shaffer (Age 50)
Chairman, President & CEO
Comp: $1.9M
Ms. Tracey L. Dexter (Age 49)
Executive VP & CFO
Comp: $894.7k
Ms. Juliette P. Kleffel (Age 53)
Executive VP & COO
Comp: $906.41k
Mr. Joseph M. Forlenza (Age 62)
Executive VP & Chief Risk Officer
Comp: $648.34k
Mr. Austen D. Carroll (Age 45)
Executive VP & Chief Lending Officer
Comp: $903.99k
Mr. Jeffery Lee
Executive VP & CTO
Mr. Michael Masters Young
Executive VP, Treasurer & Director of Investor Relations
Ms. Amanda Martland
Executive VP & Chief Marketing Officer
Mr. Michael J. Sonego
Executive VP, Executive VP of Community Banking & Residential Lending Executive
Mr. James Norton
Executive VP & Commercial Real Estate Executive

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SBCF Stock Analysis - Frequently Asked Questions

Should I buy or sell Seacoast Banking Co. of Florida stock right now?: 3 Wall Street equities research 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 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SBCF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SBCF, but not buy additional shares or sell existing shares.
View SBCF analyst ratings or view top-rated stocks.
What is Seacoast Banking Co. of Florida's stock price target for 2024?: 3 analysts have issued 1-year price targets for Seacoast Banking Co. of Florida's shares. Their SBCF share price targets range from $23.00 to $27.50. On average, they predict the company's stock price to reach $25.63 in the next twelve months. This suggests a possible upside of 15.2% 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 2024?: Seacoast Banking Co. of Florida's stock was trading at $28.46 at the start of the year. Since then, SBCF shares have decreased by 21.8% and is now trading at $22.25.
View the best growth stocks for 2024 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, April 25th 2024.
View our SBCF earnings forecast.
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 Friday, April 26th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Seacoast Banking Co. of Florida's earnings last quarter?: Seacoast Banking Co. of Florida (NASDAQ:SBCF) released its earnings results on Thursday, January, 25th. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.40 by $0.05. The financial services provider earned $128.16 million during the quarter, compared to the consensus estimate of $135.33 million. Seacoast Banking Co. of Florida had a net margin of 13.54% and a trailing twelve-month return on equity of 5.04%.

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 Thursday, March 14th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.18 per share on Friday, March 29th. This represents a $0.72 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date is Thursday, March 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 $0.72 per share and currently has a dividend yield of 3.20%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 58.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SBCF will have a dividend payout ratio of 42.86% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SBCF.
What ETFs hold Seacoast Banking Co. of Florida's stock?: ETFs with the largest weight of Seacoast Banking Co. of Florida (NASDAQ:SBCF) stock in their portfolio include Opus Small Cap Value Plus ETF (OSCV), First Trust NASDAQ ABA Community Bank Index Fund (QABA) and Harbor Corporate Culture Small Cap ETF (HAPS).SPDR S&P 600 Small Cap ETF (SLY).
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).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SBCF) was last updated on 4/16/2024 by MarketBeat.com Staff

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Seacoast Banking Co. of Florida (SBCF) Stock Price, News & Analysis

Seacoast Banking Co. of Florida MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Seacoast Banking Co. of Florida Stock (NASDAQ:SBCF)

SBCF Stock Price History

SBCF Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

SBCF Stock Analysis - Frequently Asked Questions

Overall MarketRank^™