Seacoast Banking Corp of Florida (SBCF)

• Market cap: $2.36B
• 1 day: 3.60%
• 5 days: -4.23%
• 1 month: -5.67%
• 3 months: 0.66%
• 6 months: 22.18%
• Year to date: -1.67%
• 1 year: -1.57%
• 5 years: -11.03%
• 10 years: 103.69%
• Sector: Financials
• Industry: State Commercial Banks

About: Seacoast Banking Corp of Florida is a holding company for Seacoast National Bank. The Company provides integrated financial services including commercial and consumer banking, wealth management, and mortgage and insurance services to customers across Florida, and through mobile and online banking solutions. In addition, it provides services such as treasury management, brokerage, and credit facilities.

Employees: 1,541

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

4,363% more call options, than puts

Call options by funds: $1.21M | Put options by funds: $27K

100% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 4 (+2) [Q3]

60% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 20

33% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 72

11% more capital invested

Capital invested by funds: $1.69B [Q2] → $1.89B (+$194M) [Q3]

5% more funds holding

Funds holding: 229 [Q2] → 241 (+12) [Q3]

1.45% less ownership

Funds ownership: 84.48% [Q2] → 83.03% (-1.45%) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $26 6% downside
• Avg. target: $27 2% downside
• High target: $28 1% upside

2 analyst ratings

• positive: 0 0%
• neutral: 2 100%
• negative: 0 0%

Stephens & Co. Russell Gunther 89% 1-year accuracy 16 / 18 met price target	6% downside $26	Equal-Weight Maintained	28 Oct 2024
Truist Securities Brandon King 93% 1-year accuracy 51 / 55 met price target	1% upside $28	Hold Maintained	28 Oct 2024