Seacoast Banking Corporation of Florida (SBCF)
NASDAQ: SBCF · IEX Real-Time Price · USD
22.79
+0.32 (1.42%)
Apr 19, 2024, 4:00 PM EDT - Market closed
SBCF Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for SBCF stock have an average target of 26.25, with a low estimate of 23 and a high estimate of 28. The average target predicts an increase of 15.18% from the current stock price of 22.79.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for SBCF stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 1 | 1 | 1 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 4 | 4 | 4 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $28 → $27 | Hold | Maintains | $28 → $27 | +18.47% | Apr 1, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $29 → $28 | Hold | Maintains | $29 → $28 | +22.86% | Jan 30, 2024 |
| Raymond James | Raymond James | Buy Maintains $23 → $28 | Buy | Maintains | $23 → $28 | +20.67% | Jan 30, 2024 |
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $29 | Strong Buy → Hold | Downgrades | $29 | +27.25% | Jan 5, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $23 → $33 | Strong Buy | Maintains | $23 → $33 | +44.80% | Dec 15, 2023 |
Financial Forecast
Revenue This Year
534.03M
from 529.87M
Increased by 0.78%
Revenue Next Year
571.05M
from 534.03M
Increased by 6.93%
EPS This Year
1.53
from 1.23
Increased by 24.18%
EPS Next Year
1.74
from 1.53
Increased by 14.10%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 559.9M | 605.4M |
| Avg | 534.0M | 571.1M |
| Low | 498.2M | 532.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 5.7% | 13.4% |
| Avg | 0.8% | 6.9% |
| Low | -6.0% | -0.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.63 | 1.89 |
| Avg | 1.53 | 1.74 |
| Low | 1.37 | 1.57 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 32.3% | 23.7% |
| Avg | 24.2% | 14.1% |
| Low | 11.7% | 2.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.