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

Company Overview

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. The company was founded in 1983 and is headquartered in Stuart, FL.

Key Stats

• Today's Range: $26.64 to $27.18
• 50-Day Range: $25.65 to $30.90
• 52-Week Range: $21.90 to $31.68
• Volume: 343,503 shs
• Average Volume: 361,047 shs
• Market Capitalization: $2.31 billion
• P/E Ratio: 19.62
• Dividend Yield: 2.66%
• Price Target: $28.70
• Consensus Rating: Hold

Seacoast Banking Co. of Florida Stock Analysis - MarketRank™

Seacoast Banking Co. of Florida scored higher than 62% of companies evaluated by MarketBeat, and ranked 534th out of 955 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Seacoast Banking Co. of Florida has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 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.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 14.39%

Earnings Growth

Earnings for Seacoast Banking Co. of Florida are expected to grow by 14.39% in the coming year, from $1.39 to $1.59 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Seacoast Banking Co. of Florida is 19.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.58.

Price to Earnings Ratio vs. Sector

The P/E ratio of Seacoast Banking Co. of Florida is 19.62, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.90.

Price to Book Value per Share Ratio

Seacoast Banking Co. of Florida has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.62% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Seacoast Banking Co. of Florida has recently increased by 2.22%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Seacoast Banking Co. of Florida pays a meaningful dividend of 2.81%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Seacoast Banking Co. of Florida does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Seacoast Banking Co. of Florida is 52.17%. 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 45.28% next year. This indicates that Seacoast Banking Co. of Florida will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.62% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Seacoast Banking Co. of Florida has recently increased by 2.22%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: N/A

News Sentiment

Seacoast Banking Co. of Florida has a news sentiment score of 1.78. 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 1 news article for Seacoast Banking Co. of Florida this week, compared to 3 articles on an average week.

Search Interest

4 people have searched for SBCF on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $645,302.00 in 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.

SBCF Stock Analysis - Frequently Asked Questions

How have SBCF shares performed this year?

Seacoast Banking Co. of Florida's stock was trading at $27.53 at the start of the year. Since then, SBCF shares have decreased by 1.6% and is now trading at $27.08.
View the best growth stocks for 2025 here.

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

Seacoast Banking Co. of Florida (NASDAQ:SBCF) announced its quarterly earnings results on Thursday, October, 24th. The financial services provider reported $0.36 EPS for the quarter, hitting the consensus estimate of $0.36. The company's revenue was up 5.5% on a year-over-year basis.

Who are Seacoast Banking Co. of Florida's major shareholders?

Top institutional shareholders of Seacoast Banking Co. of Florida include Noble Family Wealth LLC (0.01%), Janney Montgomery Scott LLC (0.01%), Neville Rodie & Shaw Inc. (0.01%) and ZWJ Investment Counsel Inc. (0.01%). Insiders that own company stock include Dennis S Hudson III, Charles M Shaffer, Juliette Kleffel, Robert J Lipstein, Christopher E Fogal and James C Stallings III.
View institutional ownership trends.

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.

What other stocks do shareholders of Seacoast Banking Co. of Florida own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Seacoast Banking Co. of Florida investors own include American Water Works (AWK), DiamondRock Hospitality (DRH), Waste Connections (WCN), The RMR Group (RMR), AUO (AUOTY), Humana (HUM) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 10/24/2024
• Ex-Dividend for 12/31 Dividend: 12/13/2024
• Dividend Payable: 12/31/2024
• Today: 1/18/2025
• Next Earnings (Estimated): 1/27/2025
• Fiscal Year End: 12/31/2025

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: $28.70
• High Stock Price Target: $31.00
• Low Stock Price Target: $26.00
• Potential Upside/Downside: +6.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.38
• Trailing P/E Ratio: 19.62
• Forward P/E Ratio: 19.48
• P/E Growth: N/A
• Net Income: $104.03 million
• Net Margins: 14.55%
• Pretax Margin: 18.75%
• Return on Equity: 5.44%
• Return on Assets: 0.78%

Debt

• Debt-to-Equity Ratio: 0.16
• Current Ratio: 0.86
• Quick Ratio: 0.86

Sales & Book Value

• Annual Sales: $768.13 million
• Price / Sales: 3.01
• Cash Flow: $1.28 per share
• Price / Cash Flow: 21.10
• Book Value: $24.76 per share
• Price / Book: 1.09

Miscellaneous

• Outstanding Shares: 85,440,000
• Free Float: 84,159,000
• Market Cap: $2.31 billion
• Optionable: Optionable
• Beta: 1.09