Seacoast Banking Corporation of Florida (SBCF) Stock Forecast, Price Target & Predictions
SBCF Stock Forecast
Seacoast Banking Corporation of Florida stock forecast is as follows: an average price target of $31.00 (represents a 14.35% upside from SBCF’s last price of $27.11) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
SBCF Price Target
The average price target for Seacoast Banking Corporation of Florida (SBCF) is $31.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $37.00 to $25.00. This represents a potential 14.35% upside from SBCF's last price of $27.11.
SBCF Analyst Ratings
According to 3 Wall Street analysts, Seacoast Banking Corporation of Florida's rating consensus is 'Buy'. The analyst rating breakdown for SBCF stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Seacoast Banking Corporation of Florida Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 29, 2024 | Brandon King | Truist Financial | $25.00 | $23.38 | 6.93% | -7.78% |
| May 02, 2022 | - | Raymond James | $37.00 | $32.50 | 13.85% | 36.48% |
The latest Seacoast Banking Corporation of Florida stock forecast, released on Apr 29, 2024 by Brandon King from Truist Financial, set a price target of $25.00, which represents a 6.93% increase from the stock price at the time of the forecast ($23.38), and a -7.78% decrease from SBCF last price ($27.11).
Seacoast Banking Corporation of Florida Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $25.00 |
| Last Closing Price | $27.11 | $27.11 | $27.11 |
| Upside/Downside | -100.00% | -100.00% | -7.78% |
In the current month, the average price target of Seacoast Banking Corporation of Florida stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Seacoast Banking Corporation of Florida's last price of $27.11. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 21, 2024 | Keefe, Bruyette & Woods | Underperform | Underperform | Hold |
| Aug 21, 2024 | Truist Financial | Hold | Hold | Hold |
| Aug 21, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
| Jul 29, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
| May 02, 2022 | Raymond James | Outperform | Outperform | Hold |
| Apr 26, 2022 | Zacks Investment Research | - | Buy | Upgrade |
Seacoast Banking Corporation of Florida's last stock rating was published by Keefe, Bruyette & Woods on Aug 21, 2024. The company gave SBCF a "Underperform" rating, the same as its previous rate.
Seacoast Banking Corporation of Florida Financial Forecast
Seacoast Banking Corporation of Florida Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $193.62M | $137.10M | $148.54M | $153.60M | $137.36M | $104.39M | - | $91.89M | $91.00M | $90.35M | $81.12M | $84.28M | $83.72M | $80.45M | $82.28M | $77.86M | $78.14M | $74.89M | $73.71M | $73.61M | $73.16M | $63.99M |
| Avg Forecast | $142.30M | $139.79M | $136.01M | $132.62M | $131.62M | $129.53M | $126.23M | $127.74M | $135.52M | $138.91M | $154.60M | $156.29M | $134.68M | $104.85M | $98.33M | $91.86M | $87.80M | $86.93M | $82.66M | $82.75M | $83.51M | $83.84M | $78.58M | $75.00M | $75.21M | $74.78M | $75.44M | $74.62M | $96.17M | $76.48M |
| High Forecast | $144.03M | $141.49M | $137.66M | $134.23M | $133.22M | $129.83M | $127.76M | $129.29M | $136.49M | $139.60M | $156.47M | $158.18M | $136.31M | $106.12M | $98.33M | $94.02M | $89.86M | $88.97M | $84.60M | $84.69M | $85.47M | $85.81M | $80.42M | $76.76M | $76.97M | $76.53M | $77.21M | $76.37M | $115.40M | $91.77M |
| Low Forecast | $140.91M | $138.42M | $134.67M | $131.32M | $130.33M | $129.33M | $124.99M | $126.49M | $133.99M | $137.60M | $153.08M | $154.76M | $133.36M | $103.82M | $98.33M | $88.83M | $84.90M | $84.07M | $79.93M | $80.02M | $80.75M | $81.08M | $75.98M | $72.53M | $72.73M | $72.31M | $72.95M | $72.15M | $76.94M | $61.18M |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | 1.43% | 0.99% | 0.96% | 0.98% | 1.02% | 1.00% | - | 1.00% | 1.04% | 1.04% | 0.98% | 1.02% | 1.00% | 0.96% | 1.05% | 1.04% | 1.04% | 1.00% | 0.98% | 0.99% | 0.76% | 0.84% |
Seacoast Banking Corporation of Florida's average Quarter revenue forecast for Mar 24 based on 2 analysts is $127.74M, with a low forecast of $126.49M, and a high forecast of $129.29M. SBCF's average Quarter revenue forecast represents a -34.02% decrease compared to the company's last Quarter revenue of $193.62M (Dec 23).
Seacoast Banking Corporation of Florida EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | $6.89M | $47.95M | $49.09M | $48.09M | $43.88M | $45.57M | - | $29.37M | $46.79M | $29.95M | $41.66M | $44.70M | $40.34M | $32.63M | $41.99M | $11.62M | $48.28M | $48.27M | $44.10M | $42.70M | $31.29M | $29.79M |
| Avg Forecast | $47.23M | $46.39M | $45.14M | $44.01M | $43.68M | $42.99M | $41.89M | $119.02M | $44.97M | $46.10M | $51.31M | $108.20M | $44.70M | $39.00M | $32.63M | $30.49M | $37.79M | $35.45M | $36.95M | $33.53M | $36.14M | $29.20M | $25.94M | $20.66M | $46.35M | $48.27M | $45.97M | $43.65M | $39.11M | $34.87M |
| High Forecast | $47.80M | $46.96M | $45.68M | $44.55M | $44.21M | $43.09M | $42.40M | $142.82M | $45.30M | $46.33M | $51.93M | $129.84M | $45.24M | $46.80M | $32.63M | $31.20M | $45.35M | $42.55M | $44.34M | $40.23M | $43.37M | $35.04M | $31.12M | $24.79M | $55.62M | $57.92M | $55.17M | $52.38M | $46.93M | $41.85M |
| Low Forecast | $46.76M | $45.94M | $44.69M | $43.58M | $43.25M | $42.92M | $41.48M | $95.21M | $44.47M | $45.67M | $50.80M | $86.56M | $44.26M | $31.20M | $32.63M | $29.48M | $30.23M | $28.36M | $29.56M | $26.82M | $28.91M | $23.36M | $20.75M | $16.53M | $37.08M | $38.62M | $36.78M | $34.92M | $31.29M | $27.90M |
| Surprise % | - | - | - | - | - | - | - | - | 0.15% | 1.04% | 0.96% | 0.44% | 0.98% | 1.17% | - | 0.96% | 1.24% | 0.84% | 1.13% | 1.33% | 1.12% | 1.12% | 1.62% | 0.56% | 1.04% | 1.00% | 0.96% | 0.98% | 0.80% | 0.85% |
2 analysts predict SBCF's average Quarter EBITDA for Mar 24 to be $119.02M, with a high of $142.82M and a low of $95.21M. This is 1627.88% upper than Seacoast Banking Corporation of Florida's previous annual EBITDA (Dec 23) of $6.89M.
Seacoast Banking Corporation of Florida Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 11 |
| Net Income | - | - | - | - | - | - | - | - | $29.54M | $31.41M | $31.25M | $11.83M | $23.93M | $29.24M | - | $20.59M | $36.33M | $22.94M | $31.41M | $33.72M | $29.35M | $22.63M | $25.08M | $709.00K | $27.18M | $25.61M | $23.25M | $22.70M | $15.96M | $16.32M |
| Avg Forecast | $36.16M | $34.55M | $32.43M | $30.38M | $30.89M | $29.83M | $28.56M | $112.43M | $33.68M | $33.81M | $43.82M | $102.21M | $40.54M | $29.87M | $46.22M | $92.92M | $29.34M | $27.16M | $27.85M | $25.29M | $26.29M | $20.25M | $15.49M | $1.26M | $26.09M | $25.61M | $24.24M | $23.21M | $19.95M | $19.11M |
| High Forecast | $36.73M | $35.10M | $32.94M | $30.86M | $31.38M | $30.68M | $29.00M | $134.92M | $34.53M | $38.03M | $44.51M | $122.65M | $41.18M | $35.85M | $46.22M | $111.50M | $35.21M | $32.59M | $33.42M | $30.35M | $31.55M | $24.30M | $18.59M | $1.51M | $31.31M | $30.73M | $29.09M | $27.85M | $23.94M | $22.93M |
| Low Forecast | $35.69M | $34.11M | $32.02M | $30.00M | $30.50M | $28.97M | $28.19M | $89.95M | $32.00M | $31.27M | $43.26M | $81.77M | $40.03M | $23.90M | $46.22M | $74.34M | $23.47M | $21.73M | $22.28M | $20.23M | $21.03M | $16.20M | $12.39M | $1.01M | $20.87M | $20.48M | $19.39M | $18.57M | $15.96M | $15.29M |
| Surprise % | - | - | - | - | - | - | - | - | 0.88% | 0.93% | 0.71% | 0.12% | 0.59% | 0.98% | - | 0.22% | 1.24% | 0.84% | 1.13% | 1.33% | 1.12% | 1.12% | 1.62% | 0.56% | 1.04% | 1.00% | 0.96% | 0.98% | 0.80% | 0.85% |
Seacoast Banking Corporation of Florida's average Quarter net income forecast for Mar 24 is $112.43M, with a range of $89.95M to $134.92M. SBCF's average Quarter net income forecast represents a 280.57% increase compared to the company's last Quarter net income of $29.54M (Dec 23).
Seacoast Banking Corporation of Florida SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | $57.77M | $56.79M | $59.86M | $53.37M | $34.72M | - | $35.68M | $37.50M | $40.52M | $33.95M | $33.32M | $31.98M | $35.94M | $29.72M | $34.58M | $25.77M | $26.92M | $28.93M | $28.99M | $34.13M | $26.02M |
| Avg Forecast | $48.98M | $48.11M | $46.81M | $45.64M | $45.30M | $44.58M | $43.44M | $16.84M | $46.64M | $47.81M | $53.21M | $15.31M | $46.35M | $52.76M | $33.84M | $13.92M | $30.29M | $47.96M | $30.11M | $24.99M | $28.65M | $32.16M | $18.36M | $61.46M | $24.74M | $26.92M | $30.16M | $29.63M | $42.66M | $30.46M |
| High Forecast | $49.57M | $48.69M | $47.38M | $46.20M | $45.85M | $44.68M | $43.97M | $20.21M | $46.97M | $48.05M | $53.85M | $18.37M | $46.91M | $63.31M | $33.84M | $16.70M | $36.34M | $57.55M | $36.13M | $29.99M | $34.38M | $38.59M | $22.03M | $73.75M | $29.68M | $32.30M | $36.20M | $35.56M | $51.19M | $36.56M |
| Low Forecast | $48.49M | $47.64M | $46.35M | $45.19M | $44.86M | $44.51M | $43.02M | $13.47M | $46.11M | $47.36M | $52.68M | $12.25M | $45.90M | $42.21M | $33.84M | $11.13M | $24.23M | $38.37M | $24.09M | $19.99M | $22.92M | $25.73M | $14.68M | $49.17M | $19.79M | $21.53M | $24.13M | $23.71M | $34.13M | $24.37M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.21% | 1.07% | 3.91% | 1.15% | 0.66% | - | 2.56% | 1.24% | 0.84% | 1.13% | 1.33% | 1.12% | 1.12% | 1.62% | 0.56% | 1.04% | 1.00% | 0.96% | 0.98% | 0.80% | 0.85% |
Seacoast Banking Corporation of Florida's average Quarter SG&A projection for Dec 23 is $46.64M, based on 4 Wall Street analysts, with a range of $46.11M to $46.97M. The forecast indicates a -19.27% fall compared to SBCF last annual SG&A of $57.77M (Sep 23).
Seacoast Banking Corporation of Florida EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 11 |
| EPS | - | - | - | - | - | - | - | - | $0.35 | $0.37 | $0.37 | $0.15 | $0.34 | $0.48 | - | $0.34 | $0.62 | $0.40 | $0.57 | $0.61 | $0.53 | $0.42 | $0.47 | $0.01 | $0.53 | $0.50 | $0.45 | $0.44 | $0.32 | $0.35 |
| Avg Forecast | $0.43 | $0.41 | $0.38 | $0.36 | $0.36 | $0.35 | $0.34 | $0.35 | $0.40 | $0.40 | $0.52 | $0.55 | $0.48 | $0.61 | $0.54 | $0.45 | $0.52 | $0.49 | $0.52 | $0.50 | $0.48 | $0.43 | $0.38 | $0.41 | $0.50 | $0.48 | $0.47 | $0.46 | $0.55 | $0.48 |
| High Forecast | $0.43 | $0.41 | $0.39 | $0.36 | $0.37 | $0.36 | $0.34 | $0.36 | $0.41 | $0.45 | $0.52 | $0.56 | $0.49 | $0.62 | $0.54 | $0.46 | $0.54 | $0.50 | $0.54 | $0.51 | $0.49 | $0.44 | $0.39 | $0.42 | $0.52 | $0.50 | $0.49 | $0.47 | $0.66 | $0.58 |
| Low Forecast | $0.42 | $0.40 | $0.38 | $0.35 | $0.36 | $0.34 | $0.33 | $0.35 | $0.38 | $0.37 | $0.51 | $0.54 | $0.47 | $0.60 | $0.54 | $0.43 | $0.50 | $0.47 | $0.50 | $0.48 | $0.46 | $0.41 | $0.36 | $0.39 | $0.48 | $0.46 | $0.45 | $0.44 | $0.44 | $0.38 |
| Surprise % | - | - | - | - | - | - | - | - | 0.88% | 0.93% | 0.72% | 0.27% | 0.71% | 0.79% | - | 0.76% | 1.19% | 0.82% | 1.09% | 1.22% | 1.11% | 0.98% | 1.24% | 0.02% | 1.06% | 1.03% | 0.95% | 0.96% | 0.58% | 0.73% |
According to 2 Wall Street analysts, Seacoast Banking Corporation of Florida's projected average Quarter EPS for Mar 24 is $0.35, with a low estimate of $0.35 and a high estimate of $0.36. This represents a 0.97% increase compared to SBCF previous annual EPS of $0.35 (Dec 23).
Seacoast Banking Corporation of Florida Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SBCF | Seacoast Banking Corporation of Florida | $27.11 | $31.00 | 14.35% | Buy |
| FNWB | First Northwest Bancorp | $10.82 | $11.50 | 6.28% | Hold |
| FFNW | First Financial Northwest | $22.68 | $23.50 | 3.62% | Hold |
| FCCO | First Community | $21.94 | $21.00 | -4.28% | Buy |
| QCRH | QCR | $74.28 | $64.00 | -13.84% | Buy |
| ISTR | Investar | $18.34 | $13.50 | -26.39% | Buy |
SBCF Forecast FAQ
Is Seacoast Banking Corporation of Florida a good buy?
Yes, according to 3 Wall Street analysts, Seacoast Banking Corporation of Florida (SBCF) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 66.67% of SBCF's total ratings.
What is SBCF's price target?
Seacoast Banking Corporation of Florida (SBCF) average price target is $31 with a range of $25 to $37, implying a 14.35% from its last price of $27.11. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Seacoast Banking Corporation of Florida stock go up soon?
According to Wall Street analysts' prediction for SBCF stock, the company can go up by 14.35% (from the last price of $27.11 to the average price target of $31), up by 36.48% based on the highest stock price target, and down by -7.78% based on the lowest stock price target.
Can Seacoast Banking Corporation of Florida stock reach $40?
SBCF's average twelve months analyst stock price target of $31 does not support the claim that Seacoast Banking Corporation of Florida can reach $40 in the near future.
What are Seacoast Banking Corporation of Florida's analysts' financial forecasts?
Seacoast Banking Corporation of Florida's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $515.12M (high $520.1M, low $511.14M), average EBITDA is $247.58M (high $272.52M, low $222.87M), average net income is $201.71M (high $225.98M, low $177.61M), average SG&A $150.16M (high $154.71M, low $145.85M), and average EPS is $1.41 (high $1.43, low $1.38). SBCF's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $550.73M (high $557.4M, low $545.33M), average EBITDA is $182.77M (high $184.98M, low $180.98M), average net income is $133.52M (high $135.63M, low $131.82M), average SG&A $189.54M (high $191.83M, low $187.68M), and average EPS is $1.57 (high $1.6, low $1.55).
Did the SBCF's actual financial results beat the analysts' financial forecasts?
Based on Seacoast Banking Corporation of Florida's last annual report (Dec 2023), the company's revenue was $767.14M, beating the average analysts forecast of $585.32M by 31.06%. Apple's EBITDA was $28.73M, missing the average prediction of $250.58M by -88.54%. The company's net income was $104.03M, missing the average estimation of $213.52M by -51.28%. Apple's SG&A was $0, missing the average forecast of $162.96M by -100.00%. Lastly, the company's EPS was $1.23, missing the average prediction of $1.86 by -33.90%. In terms of the last quarterly report (Dec 2023), Seacoast Banking Corporation of Florida's revenue was $193.62M, beating the average analysts' forecast of $135.52M by 42.87%. The company's EBITDA was $6.89M, missing the average prediction of $44.97M by -84.68%. Seacoast Banking Corporation of Florida's net income was $29.54M, missing the average estimation of $33.68M by -12.29%. The company's SG&A was $0, missing the average forecast of $46.64M by -100.00%. Lastly, the company's EPS was $0.35, missing the average prediction of $0.397 by -11.87%