In a report released today, Brady Gailey from KBW maintained a Hold rating on Seacoast Banking Of Florida (SBCF – Research Report), with a price target of $27.00. The company’s shares opened today at $21.75.
According to TipRanks, Gailey is a 4-star analyst with an average return of 7.7% and a 60.89% success rate. Gailey covers the Financial sector, focusing on stocks such as Ameris Bancorp, Bok Financial, and Cullen/Frost Bankers.
In addition to KBW, Seacoast Banking Of Florida also received a Hold from Piper Sandler’s Stephen Scouten in a report issued on April 28. However, today, Truist Financial maintained a Buy rating on Seacoast Banking Of Florida (NASDAQ: SBCF).
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SBCF market cap is currently $1.88B and has a P/E ratio of 14.97.
Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SBCF in relation to earlier this year. Most recently, in March 2023, Charles Shaffer, the COB, Pres & CEO of SBCF sold 4,697.00 shares for a total of $144,244.87.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Seacoast Banking Corp. of Florida is a financial holding company, which engages in the provision of integrated financial services. It provides banking and investment services to businesses and consumers, including personal and business deposit products, Internet and mobile banking, personal, commercial and mortgage loans, wealth management services, and treasury management solutions. The company was founded in 1983 and is headquartered in Stuart, FL.
Read More on SBCF:
- Seacoast Banking reports Q1 EPS 36c, consensus 55c
- Seacoast Reports First Quarter 2023 Results
- SBCF Upcoming Earnings Report: What to Expect?
- Seacoast Banking increases quarterly dividend to 18c per share
- Seacoast Banking Corporation of Florida Declares Increase to Quarterly Dividend on Common Stock
