Seacoast Banking Corporation of Florida

SBCF · NASDAQ

$32.80+$0.73 (+2.28%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $32.07

SBCF analyst rating

BuyConsensus of 3 analysts over the last 12 months. 67% rate it a buy.

Strong buy0
Buy2
Hold1
Underperform0
Sell0

12-month price target · 8 analysts

Average $36.84 (+12.3% upside)

Low: $31.78
Now: $32.80
High: $40.69

Upgrades and downgrades

The latest rating actions, newest first

SBCF analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Raymond James	Oct 13, 2026	Maintains	Outperform	$37.00 → $36.00	66%
Piper Sandler	Jul 30, 2026	Maintains	Neutral	$34.00 → $35.50	67%
Piper Sandler	Jun 22, 2026	Maintains	Neutral	$32.50 → $34.00	67%
Piper Sandler	Apr 30, 2026	Maintains	Neutral	$33.50 → $32.50	67%
Keefe, Bruyette & Woods	Feb 2, 2026	Maintains	Outperform	$36.00 → $38.00	79%
Keefe, Bruyette & Woods	Oct 29, 2025	Maintains	Outperform	$35.00 → $36.00	79%

The case for and against

Updated Oct 21, 2026

Bull case

Seacoast Banking is well positioned by a differentiated balance sheet that could support further net interest margin expansion, especially with a ~77.5% loan-to-deposit ratio and guidance for high-single-digit loan growth while many peers may already be near peak NIMs. Strong 1Q26 execution, including ahead-of-consensus NIM growth, robust deposit generation, and the resumption of buybacks of ~317K shares for about $10M, reinforces the quality of the franchise and management’s willingness to return capital opportunistically. The company’s organic deposit growth of 7% ex-brokered, a $1.045B loan pipeline, and expansion in high-growth markets such as central Florida, north Florida, and Atlanta support a favorable long-term growth outlook despite near-term paydowns.

Bear case

Seacoast Banking is viewed negatively because, despite elevated capital ratios of TCE at 9.24% and CET1 at about 11.7%, the thesis depends on repurchases and capital deployment that may not offset broader fundamental uncertainty. Its earnings outlook is tied to interest and fee generation from loans, cash, securities, and deposit services, but the company’s own disclosure of only 320,763 shares repurchased at $31.18/share early in the second qtr suggests buyback execution is still modest relative to the expected ~5M shares in 2026/7 combined. The outlook also assumes M&A is much less likely moving forward, implying fewer strategic catalysts and a valuation supported more by capital return than by stronger core operating momentum.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.