Seacoast Banking Corporation of Florida

Company Profile

Seacoast Banking Corporation of Florida had its IPO on 1990-03-26 under the ticker symbol SBCF.

The company operates in the Financial Services sector and Banks-Regional industry. Seacoast Banking Corporation of Florida has a staff strength of 1,670 employees.

Stock update

Shares of Seacoast Banking Corporation of Florida opened at $22.8 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $22.42 - $23.07, and closed at $22.9.

This is a +0.57% increase from the previous day's closing price.

A total volume of 420,884 shares were traded at the close of the day’s session.

In the last one week, shares of Seacoast Banking Corporation of Florida have slipped by -5.57%.

Seacoast Banking Corporation of Florida's Key Ratios

Seacoast Banking Corporation of Florida has a market cap of $1.94 billion, indicating a price to book ratio of 1.5663 and a price to sales ratio of 4.8169.

In the last 12-months Seacoast Banking Corporation of Florida’s revenue was $492.13 million with a gross profit of $406.07 million and an EBITDA of $0. The EBITDA ratio measures Seacoast Banking Corporation of Florida's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Seacoast Banking Corporation of Florida’s operating margin was 39.25% while its return on assets stood at 0.74% with a return of equity of 5.69%.

In Q2, Seacoast Banking Corporation of Florida’s quarterly earnings growth was a negative -30.7% while revenue growth was a positive 52.7%.

Seacoast Banking Corporation of Florida’s PE and PEG Ratio

Forward PE

11.8906

Trailing PE

17.25

PEG

2.19

Its diluted EPS in the last 12-months stands at $1.32 per share while it has a forward price to earnings multiple of 11.8906 and a PEG multiple of 2.19. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Seacoast Banking Corporation of Florida’s profitability.

Seacoast Banking Corporation of Florida stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 4.8169.

Seacoast Banking Corporation of Florida stock pays annual dividends of $0.69 per share, indicating a yield of 3.14% and a payout ratio of 40%.

Balance sheet and cash flow metrics

Total Assets

$15.04 billion

Total Liabilities

$12.28 billion

Operating Cash Flow

$135.86 million

Capital Expenditure

$3.02 million

Dividend Payout Ratio

40%

Seacoast Banking Corporation of Florida ended 2024 with $15.04 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $15.04 billion while shareholder equity stood at $2.05 billion.

Seacoast Banking Corporation of Florida ended 2024 with $0 in deferred long-term liabilities, $12.28 billion in other current liabilities, 8509000.00 in common stock, $437.09 million in retained earnings and $732.91 million in goodwill. Its cash balance stood at $730.87 million and cash and short-term investments were $2.65 billion. The company’s total short-term debt was $0 while long-term debt stood at $265.97 million.

Seacoast Banking Corporation of Florida’s total current assets stands at $2.65 billion while long-term investments were $2.62 billion and short-term investments were $1.92 billion. Its net receivables were $0 compared to accounts payable of $0 and inventory worth $0.

In 2024, Seacoast Banking Corporation of Florida's operating cash flow was $135.86 million while its capital expenditure stood at $3.02 million.

Comparatively, Seacoast Banking Corporation of Florida paid $0.40 in dividends in 2024.

Other key metrics

Current Trading Price

$22.9

52-Week High

$34.2368

52-Week Low

$17.7947

Analyst Target Price

$26.67

Seacoast Banking Corporation of Florida stock is currently trading at $22.9 per share. It touched a 52-week high of $34.2368 and a 52-week low of $34.2368. Analysts tracking the stock have a 12-month average target price of $26.67.

Its 50-day moving average was $23.75 and 200-day moving average was $25.85 The short ratio stood at 3.44 indicating a short percent outstanding of 0%.

Around 103.4% of the company’s stock are held by insiders while 8253.8% are held by institutions.