Seacoast Banking Corporation of Florida (SBCF) to Release Earnings on Thursday

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) is anticipated to post its Q2 2025 quarterly earnings results after the market closes on Thursday, July 24th. Analysts expect Seacoast Banking Corporation of Florida to post earnings of $0.42 per share and revenue of $146.08 million for the quarter.

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) last announced its quarterly earnings results on Thursday, April 24th. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.02). The business had revenue of $140.70 million for the quarter, compared to analysts’ expectations of $138.41 million. Seacoast Banking Corporation of Florida had a return on equity of 6.11% and a net margin of 15.44%. The firm’s revenue for the quarter was up 12.0% on a year-over-year basis. On average, analysts expect Seacoast Banking Corporation of Florida to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Seacoast Banking Corporation of Florida Stock Up 0.8%

Shares of NASDAQ SBCF opened at $28.72 on Thursday. Seacoast Banking Corporation of Florida has a 1 year low of $21.36 and a 1 year high of $31.68. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market capitalization of $2.47 billion, a price-to-earnings ratio of 19.28 and a beta of 0.94. The business has a 50-day moving average of $26.42 and a two-hundred day moving average of $26.22.

Seacoast Banking Corporation of Florida Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 2.51%. The ex-dividend date was Friday, June 13th. Seacoast Banking Corporation of Florida’s payout ratio is currently 48.32%.

Institutional Investors Weigh In On Seacoast Banking Corporation of Florida

A number of large investors have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Seacoast Banking Corporation of Florida by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 50,255 shares of the financial services provider’s stock valued at $1,293,000 after buying an additional 2,187 shares during the last quarter. Royal Bank of Canada raised its position in shares of Seacoast Banking Corporation of Florida by 41.5% in the 1st quarter. Royal Bank of Canada now owns 107,951 shares of the financial services provider’s stock worth $2,777,000 after buying an additional 31,636 shares during the period. AQR Capital Management LLC raised its position in shares of Seacoast Banking Corporation of Florida by 123.4% in the 1st quarter. AQR Capital Management LLC now owns 82,889 shares of the financial services provider’s stock worth $2,133,000 after buying an additional 45,792 shares during the period. Finally, Jane Street Group LLC purchased a new position in shares of Seacoast Banking Corporation of Florida in the 1st quarter worth $4,817,000. Institutional investors and hedge funds own 81.77% of the company’s stock.

Analysts Set New Price Targets

SBCF has been the topic of several recent research reports. Keefe, Bruyette & Woods boosted their price target on Seacoast Banking Corporation of Florida from $31.00 to $32.00 and gave the company an “outperform” rating in a research report on Monday, June 2nd. Wall Street Zen cut Seacoast Banking Corporation of Florida from a “hold” rating to a “sell” rating in a research report on Friday, May 16th. Hovde Group boosted their price target on Seacoast Banking Corporation of Florida from $27.00 to $29.00 and gave the stock a “market perform” rating in a research note on Wednesday, June 4th. Finally, Stephens decreased their price target on Seacoast Banking Corporation of Florida from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Monday, April 28th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $29.20.

Seacoast Banking Corporation of Florida Company Profile

Seacoast Banking Corp. of Florida is a financial holding company, which engages in the provision of integrated financial services. It provides banking and investment services to businesses and consumers, including personal and business deposit products, Internet and mobile banking, personal, commercial and mortgage loans, wealth management services, and treasury management solutions.