Several analysts working at B. Riley has reduced the Q1 EPS of SBCF in a report that was published on the 1st of February. S. Moss, the analyst working at B. Riley mentioned that the EPS reported by the provider of financial services would be around $0.45. This is a downgrade from its previous EPS of $0.46. The brokerage also issued the Q2 2021 earnings of SBCF at $0.49, with the EPS of Q3 2021 fixed at $0.50. The EPS for Q4 was announced at $0.52, while the EPS over FY2021 got fixed at $1.95.
The Quarterly Earnings of SBCF
Incidentally, the company did release its previous quarterly results on the 27th of January. The EPS reported by the firm was $0.53, which was more than the consensus estimate set by Thomson Reuters at $0.48. The company also enjoys a 21.62% net margin along with an 8.29% return on its equity.
There have been quite a few companies that have commented on the stocks of SBCF. Zacks has already increased the rating of the company from hold to buy, along with a price objective set at $33 in a 5th January research report. Raymond James also went ahead and increased the price target of the company from $28 to $33, along with a rating of outperform.
The stocks of SBCF traded on Wednesday at $31.47. The moving average price of the company over a period of 50 days is $31.13, along with a moving average price of the company over 200-days set at $23.79. The market cap of the firm is $1.74 billion, along with a 1.34 beta, and a 22.16 PE ratio. Seacoast Banking Co. has a year low of around $13.30, with a year high of around $34.08. The debt-to-equity ratio of the company is 0.10, with a 0.88 current ratio.
