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Seacoast Banking Corporation of Florida (SBCF) Stock Forecast, Price Target & Predictions

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SBCF Stock Forecast

Seacoast Banking Corporation of Florida stock forecast is as follows: an average price target of $32.50 (represents a 9.02% upside from SBCF’s last price of $29.81) 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 $32.50 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 $28.00. This represents a potential 9.02% upside from SBCF's last price of $29.81.

SBCF Analyst Ratings

Buy

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 28, 2024Michael YoungTruist Financial$28.00$27.013.67%-6.07%
Apr 29, 2024Brandon KingTruist Financial$25.00$23.386.93%-16.14%
May 02, 2022-Raymond James$37.00$32.5013.85%24.12%
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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 -6.07% decrease from SBCF last price ($29.81).

Seacoast Banking Corporation of Florida Price Target by Period

1M3M12M
# Anlaysts112
Avg Price Target$28.00$28.00$26.50
Last Closing Price$29.81$29.81$29.81
Upside/Downside-6.07%-6.07%-11.10%

In the current month, the average price target of Seacoast Banking Corporation of Florida stock is $28.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -6.07% decrease as opposed to Seacoast Banking Corporation of Florida's last price of $29.81. This month's average price target is down 0.00% compared to last quarter, and up 5.66% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Aug 21, 2024Keefe, Bruyette & WoodsUnderperformUnderperformHold
Aug 21, 2024Truist FinancialHoldHoldHold
Aug 21, 2024Keefe, Bruyette & WoodsOutperformOutperformHold
Jul 29, 2024Keefe, Bruyette & WoodsOutperformOutperformHold
May 02, 2022Raymond JamesOutperformOutperformHold
Apr 26, 2022Zacks Investment Research-BuyUpgrade
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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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$157.20M$153.25M$149.29M$144.38M$145.04M$142.36M$137.92M$133.97M$131.75M$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$159.87M$155.86M$151.83M$146.83M$147.51M$144.78M$140.26M$135.28M$135.39M$129.37M$126.23M$127.74M$136.49M$139.60M$157.22M$158.94M$136.97M$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$152.81M$148.98M$145.13M$140.35M$140.99M$138.39M$134.07M$132.56M$127.63M$129.04M$126.23M$127.74M$133.99M$137.60M$150.28M$151.93M$130.92M$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
# Analysts222211144222463344443333399988
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144222463344443333399988
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$52.17M$50.86M$49.54M$47.91M$48.13M$47.25M$45.77M$44.46M$43.72M$42.88M$41.89M$119.02M$44.97M$46.10M$51.31M$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$53.06M$51.72M$50.39M$48.73M$48.95M$48.05M$46.55M$44.90M$44.93M$42.93M$41.89M$142.82M$45.30M$46.33M$52.18M$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$50.71M$49.44M$48.16M$46.58M$46.79M$45.93M$44.49M$43.99M$42.36M$42.82M$41.89M$95.21M$44.47M$45.67M$49.87M$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 %------------0.15%1.04%0.96%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144222463344443333399988
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$42.90M$41.26M$39.17M$36.40M$37.11M$35.58M$33.10M$30.81M$28.96M$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$43.85M$42.17M$40.03M$37.21M$37.93M$36.37M$33.83M$32.52M$33.35M$30.42M$28.65M$134.92M$34.63M$38.14M$44.92M$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$41.35M$39.76M$37.75M$35.08M$35.76M$34.29M$31.90M$29.95M$21.06M$30.10M$28.63M$89.95M$32.09M$31.36M$42.36M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144222463344443333399988
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$54.10M$52.74M$51.38M$49.69M$49.92M$48.99M$47.46M$46.11M$45.34M$44.47M$43.44M$16.84M$46.64M$47.81M$53.21M$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$55.02M$53.64M$52.25M$50.53M$50.77M$49.83M$48.27M$46.56M$46.60M$44.52M$43.44M$20.21M$46.97M$48.05M$54.11M$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$52.59M$51.27M$49.95M$48.30M$48.52M$47.63M$46.14M$45.62M$43.92M$44.41M$43.44M$13.47M$46.11M$47.36M$51.72M$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 %-------------1.21%1.07%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 $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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144222463344443333399988
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$0.43$0.44$0.42$0.39$0.36$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$0.52$0.50$0.47$0.44$0.45$0.43$0.40$0.38$0.39$0.36$0.34$0.35$0.41$0.45$0.53$0.56$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$0.49$0.47$0.44$0.41$0.42$0.40$0.38$0.35$0.25$0.35$0.34$0.35$0.38$0.37$0.50$0.53$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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
SBCFSeacoast Banking Corporation of Florida$29.81$32.509.02%Buy
FFNWFirst Financial Northwest$22.09$23.506.38%Hold
FNWBFirst Northwest Bancorp$10.51$11.004.66%Hold
FCCOFirst Community$24.44$21.00-14.08%Buy
QCRHQCR$91.26$64.00-29.87%Buy
ISTRInvestar$23.66$13.50-42.94%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 $32.5 with a range of $28 to $37, implying a 9.02% from its last price of $29.81. 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 9.02% (from the last price of $29.81 to the average price target of $32.5), up by 24.12% based on the highest stock price target, and down by -6.07% 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 $32.5 does not support the claim that Seacoast Banking Corporation of Florida can reach $40 in the near future.

What is Seacoast Banking Corporation of Florida's current price target trend?

1 Wall Street analyst forecast a $28 price target for Seacoast Banking Corporation of Florida (SBCF) this month, down -6.07% from its last price of $29.81. Compared to the last 3 and 12 months, the average price target decreased by -6.07% and decreased by -11.10%, respectively.

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 2025) are as follows: average revenue is $559.29M (high $567.82M, low $546.01M), average EBITDA is $185.61M (high $188.44M, low $181.2M), average net income is $136.6M (high $140.65M, low $131.91M), average SG&A $192.48M (high $195.42M, low $187.91M), and average EPS is $1.61 (high $1.65, low $1.55). SBCF's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $604.12M (high $614.38M, low $587.27M), average EBITDA is $200.49M (high $203.89M, low $194.89M), average net income is $159.73M (high $163.26M, low $153.94M), average SG&A $207.91M (high $211.44M, low $202.11M), and average EPS is $1.88 (high $1.92, low $1.81).

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 $213.85M by -51.35%. 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 $33.78M by -12.55%. 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%