Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Downgraded to “Sell” Rating by Wall Street Zen

10 May 2026, 07:40 by Scott Moore · The Cerbat Gem

Wall Street Zen lowered shares of Seacoast Banking Corporation of Florida (NASDAQ:SBCF – Free Report) from a hold rating to a sell rating in a research note released on Saturday morning.

Other analysts have also issued reports about the stock. Keefe, Bruyette & Woods boosted their target price on shares of Seacoast Banking Corporation of Florida from $36.00 to $38.00 and gave the company an “outperform” rating in a research report on Monday, February 2nd. Piper Sandler cut their target price on shares of Seacoast Banking Corporation of Florida from $33.50 to $32.50 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Finally, Weiss Ratings upgraded shares of Seacoast Banking Corporation of Florida from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 23rd. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $33.13.

Check Out Our Latest Stock Report on Seacoast Banking Corporation of Florida

Seacoast Banking Corporation of Florida Stock Performance

Shares of SBCF stock opened at $31.09 on Friday. The company has a 50 day moving average price of $31.08 and a 200-day moving average price of $31.81. Seacoast Banking Corporation of Florida has a 52 week low of $23.48 and a 52 week high of $35.55. The firm has a market capitalization of $3.02 billion, a PE ratio of 20.45 and a beta of 0.88. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.33.

Seacoast Banking Corporation of Florida (NASDAQ:SBCF – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The financial services provider reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.04. Seacoast Banking Corporation of Florida had a net margin of 14.42% and a return on equity of 8.23%. The firm had revenue of $205.07 million during the quarter, compared to analyst estimates of $205.51 million. During the same period in the previous year, the business posted $0.38 earnings per share. The business’s revenue for the quarter was up 45.8% on a year-over-year basis. As a group, equities research analysts expect that Seacoast Banking Corporation of Florida will post 2.49 earnings per share for the current year.

Seacoast Banking Corporation of Florida Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Monday, June 15th. Seacoast Banking Corporation of Florida’s dividend payout ratio (DPR) is currently 50.00%.

Insider Buying and Selling

In related news, EVP Joseph M. Forlenza sold 12,635 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $32.90, for a total value of $415,691.50. Following the transaction, the executive vice president directly owned 42,392 shares of the company’s stock, valued at approximately $1,394,696.80. This trade represents a 22.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP James C. Stallings III sold 7,552 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $31.16, for a total transaction of $235,320.32. Following the completion of the transaction, the executive vice president owned 7,247 shares of the company’s stock, valued at approximately $225,816.52. The trade was a 51.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 38,554 shares of company stock worth $1,221,865 in the last quarter. Company insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On Seacoast Banking Corporation of Florida

A number of hedge funds have recently modified their holdings of the company. World Investment Advisors boosted its position in shares of Seacoast Banking Corporation of Florida by 3.6% in the fourth quarter. World Investment Advisors now owns 9,036 shares of the financial services provider’s stock worth $274,000 after purchasing an additional 316 shares during the period. CWM LLC boosted its position in shares of Seacoast Banking Corporation of Florida by 3.0% in the fourth quarter. CWM LLC now owns 11,083 shares of the financial services provider’s stock worth $348,000 after purchasing an additional 320 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in shares of Seacoast Banking Corporation of Florida by 3.9% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 9,274 shares of the financial services provider’s stock worth $282,000 after purchasing an additional 344 shares during the period. Jones Financial Companies Lllp boosted its position in shares of Seacoast Banking Corporation of Florida by 69.7% in the third quarter. Jones Financial Companies Lllp now owns 857 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 352 shares during the period. Finally, Salomon & Ludwin LLC boosted its position in shares of Seacoast Banking Corporation of Florida by 59.3% in the fourth quarter. Salomon & Ludwin LLC now owns 956 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 356 shares during the period. 81.77% of the stock is currently owned by institutional investors.

Seacoast Banking Corporation of Florida Company Profile

(Get Free Report)

Seacoast Banking Corporation of Florida operates as a bank holding company through its principal subsidiary, Seacoast National Bank. Headquartered in Stuart, Florida, Seacoast National Bank provides a full range of commercial and retail banking services across the coastal region of Florida. Its network of branches serves customers from Martin County through Miami-Dade County, offering deposit accounts, lending solutions, cash management and payment services to individuals, small businesses and middle-market companies.