Seacoast Banking Corporation of Florida (NASDAQ: SBCF) open the trading on March 16, 2023, with great promise as it jumped 5.56% to $26.22. During the day, the stock rose to $26.45 and sunk to $24.34 before settling in for the price of $24.84 at the close. Taking a more long-term approach, SBCF posted a 52-week range of $20.66-$36.92.
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The company of the Financial sector’s yearbook sales growth during the past 5- year span was recorded 14.70%. Meanwhile, its Annual Earning per share during the time was 6.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -23.90%. This publicly-traded company’s shares outstanding now amounts to $70.85 million, simultaneously with a float of $60.66 million. The organization now has a market capitalization sitting at $2.24 billion. At the time of writing, stock’s 50-day Moving Average stood at $30.86, while the 200-day Moving Average is $32.22.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 1490 employees. For the Profitability, stocks operating margin was +30.78 and Pretax Margin of +30.78.
Seacoast Banking Corporation of Florida (SBCF) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Banks – Regional industry. Seacoast Banking Corporation of Florida’s current insider ownership accounts for 0.90%, in contrast to 91.10% institutional ownership. According to the most recent insider trade that took place on Feb 27, this organization’s Chairman, President & CEO sold 4,697 shares at the rate of 30.71, making the entire transaction reach 144,245 in total value, affecting insider ownership by 60,891. Preceding that transaction, on Feb 14, Company’s EVP, Chief Banking Officer sold 8,500 for 31.88, making the whole transaction’s value amount to 270,980. This particular insider is now the holder of 38,354 in total.
Seacoast Banking Corporation of Florida (SBCF) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 12/30/2022 suggests? It has posted $0.34 earnings per share (EPS) beating the forecaster’s viewpoint (set at $0.15) by $0.19. This company achieved a net margin of +23.73 while generating a return on equity of 7.30. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.65 per share during the current fiscal year.
Seacoast Banking Corporation of Florida’s EPS decrease for this current 12-month fiscal period is -23.90% and is forecasted to reach 2.69 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 9.00% through the next 5 years, which can be compared against the 6.90% growth it accomplished over the previous five years trading on the market.
Seacoast Banking Corporation of Florida (NASDAQ: SBCF) Trading Performance Indicators
Let’s observe the current performance indicators for Seacoast Banking Corporation of Florida (SBCF). The Stock has managed to achieve an average true range (ATR) of 1.77. Alongside those numbers, its PE Ratio stands at $15.71, and its Beta score is 1.13. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.90. Similarly, its price to free cash flow for trailing twelve months is now 15.79.
In the same vein, SBCF’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.67, a figure that is expected to reach 0.42 in the next quarter, and analysts are predicting that it will be 2.69 at the market close of one year from today.
Technical Analysis of Seacoast Banking Corporation of Florida (SBCF)
[Seacoast Banking Corporation of Florida, SBCF] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 47.72% While, its Average True Range was 2.08.
Raw Stochastic average of Seacoast Banking Corporation of Florida (SBCF) in the period of the previous 100 days is set at 38.88%, which indicates a major fall in contrast to 51.01% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 116.30% that was higher than 51.51% volatility it exhibited in the past 100-days period.