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NASDAQ:SBCF

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

$26.46
-0.56 (-2.07%)
(As of 09/6/2024 ET)
Today's Range
$26.32
$27.24
50-Day Range
$23.00
$28.70
52-Week Range
$19.04
$29.98
Volume
552,001 shs
Average Volume
413,166 shs
Market Capitalization
$2.25 billion
P/E Ratio
18.90
Dividend Yield
2.72%
Price Target
$28.50

Seacoast Banking Co. of Florida MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
7.7% Upside
$28.50 Price Target
Short Interest
Healthy
2.44% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.07mentions of Seacoast Banking Co. of Florida in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$432,000 Sold Last Quarter
Proj. Earnings Growth
11.11%
From $1.44 to $1.60 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.

2.83 out of 5 stars

Finance Sector

492nd out of 871 stocks

State Commercial Banks Industry

114th out of 177 stocks

SBCF stock logo

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

SBCF Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
See More Headlines
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Company Calendar

Ex-Dividend for 6/28 Dividend
6/14/2024
Dividend Payable
6/28/2024
Last Earnings
7/25/2024
Today
9/07/2024
Ex-Dividend for 9/30 Dividend
9/13/2024
Dividend Payable
9/30/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:SBCF
CUSIP
81170730
Employees
1,541
Year Founded
1926

Price Target and Rating

Average Stock Price Target
$28.50
High Stock Price Target
$31.00
Low Stock Price Target
$23.00
Potential Upside/Downside
+7.7%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$104.03 million
Pretax Margin
19.15%

Debt

Sales & Book Value

Annual Sales
$517.44 million
Cash Flow
$1.18 per share
Book Value
$24.76 per share

Miscellaneous

Free Float
83,661,000
Market Cap
$2.25 billion
Optionable
Optionable
Beta
1.08

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Key Executives

  • Mr. Charles M. ShafferMr. Charles M. Shaffer (Age 50)
    Chairman, President & CEO
    Comp: $1.76M
  • Ms. Tracey L. Dexter (Age 50)
    Executive VP & CFO
    Comp: $782.82k
  • Ms. Juliette P. Kleffel (Age 53)
    Executive VP & COO
    Comp: $818.12k
  • Mr. Joseph M. Forlenza (Age 62)
    Executive VP & Chief Risk Officer
    Comp: $682.11k
  • Mr. Austen D. Carroll (Age 46)
    Executive VP & Chief Lending Officer
    Comp: $814.15k
  • 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. Daniel G. Chappell
    Chief HR Officer & Executive VP
  • Mr. Michael J. Sonego
    Executive VP, Executive VP of Community Banking & Residential Lending Executive

SBCF Stock Analysis - Frequently Asked Questions

How have SBCF shares performed this year?

Seacoast Banking Co. of Florida's stock was trading at $28.46 at the beginning of 2024. Since then, SBCF stock has decreased by 7.0% and is now trading at $26.46.
View the best growth stocks for 2024 here
.

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

Seacoast Banking Co. of Florida (NASDAQ:SBCF) issued its quarterly earnings data on Thursday, July, 25th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.02. The financial services provider had revenue of $201.99 million for the quarter, compared to the consensus estimate of $126 million. Seacoast Banking Co. of Florida had a net margin of 14.84% and a trailing twelve-month return on equity of 5.58%.

When did Seacoast Banking Co. of Florida's stock split?

Seacoast Banking Co. of Florida shares split before market open on Saturday, January 1st 2000. The 5-1 split was announced on Saturday, January 1st 2000. The newly issued shares were issued to shareholders after the closing bell on Friday, December 13th 2013. An investor that had 100 shares of stock prior to the split would have 500 shares after the split.

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.

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

Top institutional shareholders of Seacoast Banking Co. of Florida include Westwood Holdings Group Inc. (3.78%), Dimensional Fund Advisors LP (3.53%), Bank of New York Mellon Corp (2.49%) and Deprince Race & Zollo Inc. (1.99%). 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 Arrow Financial (AROW), Government Properties Income Trust (GOV), Main Street Capital (MAIN), AbbVie (ABBV), North Atlantic Drilling (NADLQ), Qorvo (QRVO) and Teladoc Health (TDOC).

This page (NASDAQ:SBCF) was last updated on 9/7/2024 by MarketBeat.com Staff

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