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Investors in Seacoast Banking Corporation of Florida (NASDAQ:SBCF) had a good week, as its shares rose 5.5% to close at US$28.25 following the release of its full-year results. Revenues US$499m disappointed slightly, at3.0% below what the analysts had predicted. Profits were a relative bright spot, with statutory per-share earnings of US$1.42 coming in 10% above what was anticipated. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
Check out our latest analysis for Seacoast Banking Corporation of Florida
Taking into account the latest results, the current consensus from Seacoast Banking Corporation of Florida's five analysts is for revenues of US$569.8m in 2025. This would reflect a solid 14% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to grow 17% to US$1.67. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$558.5m and earnings per share (EPS) of US$1.60 in 2025. It looks like there's been a modest increase in sentiment following the latest results, withthe analysts becoming a bit more optimistic in their predictions for both revenues and earnings.
Althoughthe analysts have upgraded their earnings estimates, there was no change to the consensus price target of US$30.17, suggesting that the forecast performance does not have a long term impact on the company's valuation. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Seacoast Banking Corporation of Florida at US$35.00 per share, while the most bearish prices it at US$27.00. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.
Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We can infer from the latest estimates that forecasts expect a continuation of Seacoast Banking Corporation of Florida'shistorical trends, as the 14% annualised revenue growth to the end of 2025 is roughly in line with the 15% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 7.3% per year. So although Seacoast Banking Corporation of Florida is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.