Truist Securities Maintains Hold on Seacoast Banking, Lowers Price Target to $24
$SBCF
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Truist Securities analyst Brandon King maintains Seacoast Banking (NASDAQ:SBCF) with a Hold and lowers the price target from $25 to $24.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/29/2024 | $29.00 → $31.00 | Outperform → Market Perform | Hovde Group |
| 5/31/2024 | $27.00 | Mkt Perform → Outperform | Keefe Bruyette |
| 4/29/2024 | $31.00 → $29.00 | Outperform | Hovde Group |
| 1/5/2024 | $33.00 → $29.00 | Buy → Hold | Truist |
| 9/13/2023 | $23.00 | Equal-Weight | Stephens |
| 3/17/2023 | $33.00 | Market Perform → Outperform | Hovde Group |
| 11/1/2021 | $37.00 → $39.00 | Outperform | Raymond James |
| 10/6/2021 | $36.00 | Buy → Neutral | B. Riley Securities |
8-K - SEACOAST BANKING CORP OF FLORIDA (0000730708) (Filer)
10-Q - SEACOAST BANKING CORP OF FLORIDA (0000730708) (Filer)
8-K - SEACOAST BANKING CORP OF FLORIDA (0000730708) (Filer)
Hovde Group downgraded Seacoast Banking from Outperform to Market Perform and set a new price target of $31.00 from $29.00 previously
Keefe Bruyette upgraded Seacoast Banking from Mkt Perform to Outperform and set a new price target of $27.00
Hovde Group reiterated coverage of Seacoast Banking with a rating of Outperform and set a new price target of $29.00 from $31.00 previously
STUART, Fla., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF), one of the largest community banks in Florida, today announced that Charles (Chuck) M. Shaffer, Seacoast's Chief Executive Officer (CEO), will assume the additional position of Chairman of Seacoast's Board of Directors (the "Board") and the Company's principal operating subsidiary, Seacoast National Bank (the "Bank"), effective February 3, 2022. Dennis S. Hudson III, current Executive Chairman of the Board and former Chairman of the Board and CEO, will continue to serve as a member of the Board of the Company and the Bank, and Christopher E. Fogal will contin
~ Charles Shaffer promoted to chief executive officer ~ STUART, Fla., Jan. 04, 2021 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ: SBCF), one of the largest community banks based in Florida, today announced that it has implemented the succession plan previously disclosed in June 2020. Charles “Chuck” Shaffer, the Company’s former president and chief operating officer (COO), has been promoted to chief executive officer (CEO) and elected to the Company’s board of directors. Former chairman and CEO Dennis “Denny” Hudson III has assumed the position of executive chairman of the board of directors. “This transition marks the completion of a careful and methodical pla
Strong Growth in Loans and Deposits Annualized 20% Increase in Tangible Book Value Per Share Well-Positioned Balance Sheet with Strong Capital and Liquidity STUART, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF) today reported net income in the third quarter of 2024 of $30.7 million, or $0.36 per diluted share, compared to $30.2 million, or $0.36 per diluted share in the second quarter of 2024 and $31.4 million, or $0.37 per diluted share in the third quarter of 2023. Pre-tax pre-provision earnings1 were $46.1 million in the third quarter of 2024, an increase of 3% compared to the second quarter of 20
STUART, Fla., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF), announced that on October 17, 2024, the Company's Board of Directors declared a quarterly cash dividend to the holders of the Company's common stock of $0.18 per share. The dividend is payable on December 31, 2024 to shareholders of record at the close of business on December 13, 2024. Seacoast Banking Corporation of Florida, through its wholly owned subsidiary Seacoast National Bank, is one of the largest community banks headquartered in Florida with approximately $15.0 billion in assets and $12.1 billion in deposits as of June 30, 2024. The Company provi
STUART, Fla., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ:SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release third quarter 2024 results on October 24th, after the market closes. Upon release, investors may access a copy of Seacoast's earnings results at the company's website www.SeacoastBanking.com on the home page by selecting "Press Releases" under the heading "News/Events." Seacoast will host a conference call October 25th at 10:00 a.m. Eastern Time, to discuss the third quarter 2024 earnings results and business trends. Investors may call in (toll-free) by dialing (800) 715-9871 (Conference ID: 6
Strong Growth in Loans and Deposits Annualized 20% Increase in Tangible Book Value Per Share Well-Positioned Balance Sheet with Strong Capital and Liquidity STUART, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF) today reported net income in the third quarter of 2024 of $30.7 million, or $0.36 per diluted share, compared to $30.2 million, or $0.36 per diluted share in the second quarter of 2024 and $31.4 million, or $0.37 per diluted share in the third quarter of 2023. Pre-tax pre-provision earnings1 were $46.1 million in the third quarter of 2024, an increase of 3% compared to the second quarter of 20
STUART, Fla., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ:SBCF), announced that on October 17, 2024, the Company's Board of Directors declared a quarterly cash dividend to the holders of the Company's common stock of $0.18 per share. The dividend is payable on December 31, 2024 to shareholders of record at the close of business on December 13, 2024. Seacoast Banking Corporation of Florida, through its wholly owned subsidiary Seacoast National Bank, is one of the largest community banks headquartered in Florida with approximately $15.0 billion in assets and $12.1 billion in deposits as of June 30, 2024. The Company provi
STUART, Fla., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ:SBCF), a bank holding company whose operating entity is Seacoast Bank, today announced it will release third quarter 2024 results on October 24th, after the market closes. Upon release, investors may access a copy of Seacoast's earnings results at the company's website www.SeacoastBanking.com on the home page by selecting "Press Releases" under the heading "News/Events." Seacoast will host a conference call October 25th at 10:00 a.m. Eastern Time, to discuss the third quarter 2024 earnings results and business trends. Investors may call in (toll-free) by dialing (800) 715-9871 (Conference ID: 6
SC 13G/A - SEACOAST BANKING CORP OF FLORIDA (0000730708) (Subject)
SC 13G/A - SEACOAST BANKING CORP OF FLORIDA (0000730708) (Subject)
SC 13G - SEACOAST BANKING CORP OF FLORIDA (0000730708) (Subject)
4 - SEACOAST BANKING CORP OF FLORIDA (0000730708) (Issuer)
4 - SEACOAST BANKING CORP OF FLORIDA (0000730708) (Issuer)
4 - SEACOAST BANKING CORP OF FLORIDA (0000730708) (Issuer)
4 - SEACOAST BANKING CORP OF FLORIDA (0000730708) (Issuer)
Ratings for Seacoast Banking (NASDAQ:SBCF) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 3 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 1 0 0 0 3M Ago 0 0 2 0 0 Analysts have recently evaluated Seacoast Banking and provided 12-month price targets. The average target is $25.5, accompanied by a high estimate of $27.00 and a low estimate of $24.00. A negative shift in