Seacoast Banking Corporation of Florida (SBCF)
NASDAQ: SBCF · IEX Real-Time Price · USD
25.39
+0.02 (0.08%)
Mar 28, 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 25.92, with a low estimate of 23 and a high estimate of 28. The average target predicts an increase of 2.09% from the current stock price of 25.39.

Analyst Consensus: Buy
Target Low Average Median High
Price $23 $25.92 $27 $28
Change -9.41% +2.09% +6.34% +10.28%
* Price targets were last updated on Jan 30, 2024.

Analyst Ratings

The average analyst rating for SBCF stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 112111
Buy 111111
Hold 333444
Sell 000000
Strong Sell 000000
Total 556666

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Truist Securities
Truist Securities
Hold
Maintains
$29$28
Hold Maintains $29$28 +10.28% Jan 30, 2024
Raymond James
Raymond James
Buy
Maintains
$23$28
Buy Maintains $23$28 +8.31% Jan 30, 2024
Truist Securities
Truist Securities
Hold
Downgrades
$29
Hold Downgrades $29 +14.22% Jan 5, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$23$33
Strong Buy Maintains $23$33 +29.97% Dec 15, 2023
Raymond James
Raymond James
Buy
Maintains
$27$23
Buy Maintains $27$23 -9.41% Oct 30, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
532.94M
from 529.87M
Increased by 0.58%
Revenue Next Year
570.36M
from 532.94M
Increased by 7.02%
EPS This Year
1.52
from 1.23
Increased by 23.19%
EPS Next Year
1.74
from 1.52
Increased by 14.79%
Year 2019202020212022202320242025
Revenue
289.35M286.13M356.17M406.07M529.87M532.94M570.36M
Revenue Growth
15.83%-1.11%24.48%14.01%30.49%0.58%7.02%
EPS
1.901.442.181.661.231.521.74
EPS Growth
37.68%-24.21%51.39%-23.85%-25.90%23.19%14.79%
No. Analysts -----99
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 559.9M 605.4M
Avg 532.9M 570.4M
Low 491.9M 528.5M

Revenue Growth

Revenue Growth 20242025
High
5.7%
13.6%
Avg
0.6%
7.0%
Low
-7.2%
-0.8%

EPS Forecast

EPS 20242025
High 1.63 1.89
Avg 1.52 1.74
Low 1.32 1.58

EPS Growth

EPS Growth 20242025
High
32.3%
24.7%
Avg
23.2%
14.8%
Low
7.0%
4.2%
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.