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 $28.00 (represents a -0.88% downside from SBCF’s last price of $28.25) 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 $28.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $28.00 to $28.00. This represents a potential -0.88% downside from SBCF's last price of $28.25.
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 |
|---|---|---|---|---|---|---|
| Oct 28, 2024 | Michael Young | Truist Financial | $28.00 | $27.01 | 3.67% | -0.88% |
| Apr 29, 2024 | Brandon King | Truist Financial | $25.00 | $23.38 | 6.93% | -11.50% |
| May 02, 2022 | Raymond James | $37.00 | $32.50 | 13.85% | 30.97% |
The latest Seacoast Banking Corporation of Florida stock forecast, released on Oct 28, 2024 by Michael Young from Truist Financial, set a price target of $28.00, which represents a 3.67% increase from the stock price at the time of the forecast ($27.01), and a -0.88% decrease from SBCF last price ($28.25).
Seacoast Banking Corporation of Florida Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $26.50 |
| Last Closing Price | $28.25 | $28.25 | $28.25 |
| Upside/Downside | -100.00% | -100.00% | -6.19% |
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 $28.25. 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 26 | Sep 26 | Jun 26 | Mar 26 | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $193.62M | $137.10M | $148.54M | $153.60M | $137.36M | $104.39M | $98.61M | $91.89M | $91.00M | $90.35M | $81.12M | $84.28M | $83.72M | $80.45M | $82.28M | $77.86M | $78.14M | $74.89M |
| Avg Forecast | $157.46M | $154.12M | $150.94M | $146.80M | $146.75M | $143.83M | $139.52M | $135.75M | $131.51M | $129.20M | $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 |
| High Forecast | $158.60M | $155.24M | $152.03M | $147.86M | $147.82M | $144.87M | $140.53M | $136.36M | $135.39M | $129.37M | $126.23M | $127.74M | $136.49M | $139.60M | $155.72M | $157.42M | $136.40M | $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 |
| Low Forecast | $155.97M | $152.67M | $149.52M | $145.41M | $145.37M | $142.47M | $138.21M | $135.14M | $127.63M | $129.04M | $126.23M | $127.74M | $133.99M | $137.60M | $153.14M | $154.82M | $131.69M | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.43% | 0.99% | 0.96% | 0.98% | 1.02% | 1.00% | 1.00% | 1.00% | 1.04% | 1.04% | 0.98% | 1.02% | 1.00% | 0.96% | 1.05% | 1.04% | 1.04% | 1.00% |
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 $127.74M, and a high forecast of $127.74M. 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 26 | Sep 26 | Jun 26 | Mar 26 | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $6.89M | $47.95M | $49.09M | $48.09M | $43.88M | $45.57M | $47.66M | $29.37M | $46.79M | $29.95M | $41.66M | $44.70M | $40.34M | $32.63M | $41.99M | $11.62M | $48.28M | $48.27M |
| Avg Forecast | $60.33M | $59.05M | $57.83M | $56.24M | $56.23M | $55.11M | $53.46M | $52.01M | $50.39M | $49.50M | $48.36M | $119.02M | $51.92M | $53.22M | $59.23M | $108.20M | $41.57M | $34.80M | $32.63M | $30.49M | $29.14M | $28.85M | $27.43M | $33.53M | $27.71M | $27.82M | $26.08M | $20.66M | $24.96M | $24.82M |
| High Forecast | $60.77M | $59.48M | $58.25M | $56.65M | $56.64M | $55.51M | $53.84M | $52.25M | $51.87M | $49.57M | $48.36M | $142.82M | $52.30M | $53.49M | $59.66M | $129.84M | $49.89M | $34.80M | $32.63M | $30.49M | $29.14M | $28.85M | $27.43M | $40.23M | $27.71M | $27.82M | $26.08M | $24.79M | $24.96M | $24.82M |
| Low Forecast | $59.76M | $58.49M | $57.29M | $55.71M | $55.70M | $54.59M | $52.95M | $51.78M | $48.90M | $49.44M | $48.36M | $95.21M | $51.34M | $52.72M | $58.68M | $86.56M | $33.26M | $34.80M | $32.63M | $30.49M | $29.14M | $28.85M | $27.43M | $26.82M | $27.71M | $27.82M | $26.08M | $16.53M | $24.96M | $24.82M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.13% | 0.90% | 0.83% | 0.44% | 1.06% | 1.31% | 1.46% | 0.96% | 1.61% | 1.04% | 1.52% | 1.33% | 1.46% | 1.17% | 1.61% | 0.56% | 1.93% | 1.95% |
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 26 | Sep 26 | Jun 26 | Mar 26 | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $29.54M | $31.41M | $31.25M | $11.83M | $23.93M | $29.24M | $32.76M | $20.59M | $36.33M | $22.94M | $31.41M | $33.72M | $29.35M | $22.63M | $25.08M | $709.00K | $27.18M | $25.61M |
| Avg Forecast | $42.70M | $41.17M | $39.30M | $37.26M | $37.71M | $36.15M | $33.74M | $31.90M | $28.78M | $30.26M | $28.64M | $112.43M | $33.78M | $33.91M | $43.95M | $102.21M | $32.28M | $51.42M | $45.98M | $92.92M | $44.23M | $41.44M | $44.16M | $25.29M | $40.68M | $36.23M | $32.23M | $1.26M | $42.58M | $41.14M |
| High Forecast | $43.11M | $41.56M | $39.67M | $37.61M | $38.07M | $36.50M | $34.06M | $32.20M | $33.58M | $30.42M | $28.65M | $134.92M | $34.63M | $38.14M | $44.37M | $122.65M | $38.73M | $51.42M | $45.98M | $111.50M | $44.23M | $41.44M | $44.16M | $30.35M | $40.68M | $36.23M | $32.23M | $1.51M | $42.58M | $41.14M |
| Low Forecast | $42.18M | $40.67M | $38.82M | $36.80M | $37.25M | $35.71M | $33.33M | $31.01M | $23.02M | $30.10M | $28.63M | $89.95M | $32.09M | $31.36M | $43.41M | $81.77M | $25.82M | $51.42M | $45.98M | $74.34M | $44.23M | $41.44M | $44.16M | $20.23M | $40.68M | $36.23M | $32.23M | $1.01M | $42.58M | $41.14M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 0.93% | 0.71% | 0.12% | 0.74% | 0.57% | 0.71% | 0.22% | 0.82% | 0.55% | 0.71% | 1.33% | 0.72% | 0.62% | 0.78% | 0.56% | 0.64% | 0.62% |
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 26 | Sep 26 | Jun 26 | Mar 26 | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $57.77M | $56.79M | $59.86M | $53.37M | $34.72M | $34.79M | $35.68M | $37.50M | $40.52M | $33.95M | $33.32M | $31.98M | $35.94M | $29.72M | $34.58M | $25.77M | $26.92M |
| Avg Forecast | $62.21M | $60.89M | $59.63M | $58.00M | $57.98M | $56.82M | $55.12M | $53.63M | $51.96M | $51.04M | $49.87M | $16.84M | $53.54M | $54.88M | $61.08M | $15.31M | $33.31M | $36.08M | $33.84M | $13.92M | $30.22M | $29.92M | $28.45M | $24.99M | $28.74M | $28.86M | $27.04M | $61.46M | $25.88M | $25.74M |
| High Forecast | $62.66M | $61.33M | $60.06M | $58.42M | $58.40M | $57.23M | $55.52M | $53.87M | $53.49M | $51.11M | $49.87M | $20.21M | $53.92M | $55.15M | $61.52M | $18.37M | $39.98M | $36.08M | $33.84M | $16.70M | $30.22M | $29.92M | $28.45M | $29.99M | $28.74M | $28.86M | $27.04M | $73.75M | $25.88M | $25.74M |
| Low Forecast | $61.62M | $60.32M | $59.07M | $57.45M | $57.43M | $56.29M | $54.60M | $53.39M | $50.42M | $50.98M | $49.87M | $13.47M | $52.94M | $54.36M | $60.50M | $12.25M | $26.65M | $36.08M | $33.84M | $11.13M | $30.22M | $29.92M | $28.45M | $19.99M | $28.74M | $28.86M | $27.04M | $49.17M | $25.88M | $25.74M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 0.93% | 3.91% | 1.60% | 0.96% | 1.03% | 2.56% | 1.24% | 1.35% | 1.19% | 1.33% | 1.11% | 1.25% | 1.10% | 0.56% | 1.00% | 1.05% |
Seacoast Banking Corporation of Florida's average Quarter SG&A projection for Dec 23 is $53.54M, based on 4 Wall Street analysts, with a range of $52.94M to $53.92M. The forecast indicates a -7.32% fall compared to SBCF last annual SG&A of $57.77M (Sep 23).
Seacoast Banking Corporation of Florida EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.35 | $0.37 | $0.37 | $0.15 | $0.34 | $0.48 | $0.53 | $0.34 | $0.62 | $0.40 | $0.57 | $0.61 | $0.53 | $0.42 | $0.47 | $0.01 | $0.53 | $0.50 |
| Avg Forecast | $0.50 | $0.48 | $0.46 | $0.44 | $0.44 | $0.42 | $0.40 | $0.38 | $0.34 | $0.36 | $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 |
| High Forecast | $0.51 | $0.49 | $0.47 | $0.44 | $0.45 | $0.43 | $0.40 | $0.38 | $0.39 | $0.36 | $0.34 | $0.35 | $0.41 | $0.45 | $0.52 | $0.55 | $0.49 | $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 |
| Low Forecast | $0.50 | $0.48 | $0.46 | $0.43 | $0.44 | $0.42 | $0.39 | $0.36 | $0.27 | $0.35 | $0.34 | $0.35 | $0.38 | $0.37 | $0.51 | $0.54 | $0.46 | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.88% | 0.93% | 0.72% | 0.27% | 0.71% | 0.79% | 0.98% | 0.76% | 1.19% | 0.82% | 1.09% | 1.22% | 1.11% | 0.98% | 1.24% | 0.02% | 1.06% | 1.03% |
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 $0.35. 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 |
|---|---|---|---|---|---|
| FCCO | First Community | $26.00 | $30.00 | 15.38% | Strong Buy |
| FFNW | First Financial Northwest | $21.61 | $23.50 | 8.75% | Hold |
| FNWB | First Northwest Bancorp | $10.67 | $11.00 | 3.09% | Hold |
| SBCF | Seacoast Banking Corporation of Florida | $28.25 | $28.00 | -0.88% | Buy |
| QCRH | QCR | $78.38 | $64.00 | -18.35% | Buy |
| ISTR | Investar | $19.24 | $13.50 | -29.83% | Buy |