Seacoast Banking Corp of Florida (SBCF, Financial) is set to release its Q3 2024 earnings on Oct 25, 2024. The consensus estimate for Q3 2024 revenue is $129.20 million, and the earnings are expected to come in at $0.36 per share. The full year 2024's revenue is expected to be $512.92 million and the earnings are expected to be $1.38 per share. More detailed estimate data can be found on the Forecast page.
Seacoast Banking Corp of Florida (SBCF, Financial) Estimate Trends
Over the past 90 days, the revenue estimates for Seacoast Banking Corp of Florida (SBCF) for the full year 2024 have increased from $512.17 million to $512.92 million. For 2025, the estimates have declined from $551.18 million to $550.48 million. Earnings estimates have also seen changes; for the full year 2024, they have risen from $1.35 per share to $1.38 per share, while for 2025, they have decreased from $1.60 per share to $1.59 per share.
Seacoast Banking Corp of Florida (SBCF, Financial) Reported History
In the previous quarter of 2024-06-30, Seacoast Banking Corp of Florida's (SBCF) actual revenue was $126.61 million, which beat analysts' revenue expectations of $126.23 million by 0.30%. Seacoast Banking Corp of Florida's (SBCF) actual earnings were $0.36 per share, which beat analysts' earnings expectations of $0.34 per share by 6.82%. After releasing the results, Seacoast Banking Corp of Florida (SBCF) was up by 0.14% in one day.
Seacoast Banking Corp of Florida (SBCF, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 7 analysts, the average target price for Seacoast Banking Corp of Florida (SBCF) is $28.43 with a high estimate of $31 and a low estimate of $25. The average target implies an upside of 5.68% from the current price of $26.90.
Based on GuruFocus estimates, the estimated GF Value for Seacoast Banking Corp of Florida (SBCF, Financial) in one year is $30.64, suggesting an upside of 13.90% from the current price of $26.90.
Based on the consensus recommendation from 7 brokerage firms, Seacoast Banking Corp of Florida's (SBCF, Financial) average brokerage recommendation is currently 2.7, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
