Media stories about Seacoast Banking Corporation of Florida (NASDAQ:SBCF) have trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Seacoast Banking Corporation of Florida earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 46.3798951797513 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Several research analysts have recently weighed in on SBCF shares. FBR & Co reaffirmed a “buy” rating and issued a $27.00 price target on shares of Seacoast Banking Corporation of Florida in a report on Tuesday, September 5th. Zacks Investment Research cut shares of Seacoast Banking Corporation of Florida from a “hold” rating to a “sell” rating in a report on Wednesday, November 1st. Finally, BidaskClub cut shares of Seacoast Banking Corporation of Florida from a “buy” rating to a “hold” rating in a report on Tuesday, December 12th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $27.00.

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) opened at $25.21 on Monday. The company has a market capitalization of $1,096.94, a price-to-earnings ratio of 25.72 and a beta of 0.77. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.83 and a quick ratio of 0.82. Seacoast Banking Corporation of Florida has a 12 month low of $20.58 and a 12 month high of $27.13.

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) last released its earnings results on Thursday, October 26th. The financial services provider reported $0.35 EPS for the quarter, beating the Zacks’ consensus estimate of $0.34 by $0.01. The business had revenue of $57.10 million for the quarter, compared to analysts’ expectations of $57.55 million. Seacoast Banking Corporation of Florida had a return on equity of 9.37% and a net margin of 18.48%. The firm’s revenue was up 20.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.28 earnings per share. equities analysts forecast that Seacoast Banking Corporation of Florida will post 1.24 EPS for the current year.

In related news, CEO Dennis S. Hudson III sold 8,000 shares of the stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $24.39, for a total value of $195,120.00. Following the transaction, the chief executive officer now owns 19,247 shares of the company’s stock, valued at $469,434.33. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Dennis S. Hudson III sold 2,300 shares of the stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $24.22, for a total value of $55,706.00. Following the completion of the transaction, the chief executive officer now directly owns 19,247 shares in the company, valued at approximately $466,162.34. The disclosure for this sale can be found here. 2.80% of the stock is owned by corporate insiders.

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About Seacoast Banking Corporation of Florida

Seacoast Banking Corporation of Florida is a bank holding company. The Company’s principal subsidiary is Seacoast National Bank, a national banking association (the Bank). The Company and its subsidiaries offer an array of deposit accounts and retail banking services, engage in consumer and commercial lending and provide a range of trust and asset management services, as well as securities and annuity products to its customers.

Insider Buying and Selling by Quarter for Seacoast Banking Corporation of Florida (NASDAQ:SBCF)

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