For its third fiscal quarter (ending September 30), Seacoast Banking Corp of Florida (NASDAQ: SBCF) has reported a -3% decline in E.P.S. from $0.37 a year ago to $0.36 in the current quarter. E.P.S. were $1.38 for the latest four quarters through September 30 versus $1.23 for the same period a year ago — an increase of 12%.
Recent Price Action
On 10/25/24, Seacoast Banking Corp of Florida (NASDAQ: SBCF) stock declined by -2.7%, closing at $26.33. Trading volume in this decline was normal. Relative to the market the stock has been strong over the last nine months but has declined -7.4% during the last week.
Current PriceTarget Research Rating
SBCF’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Seacoast Banking has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Seacoast Banking has a good Appreciation Score of 72 and a good Power Rating of 78, producing the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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