Seacoast Banking Corp. of Florida SBCF Stock Analysis

Seacoast Banking Corp. of Florida stock trades under the ticker SBCF & has shown recent bullishness that traders & investors should take a closer look into.

SBCF stock closed at $33.50/share on 6/22/2022.

Seacoast Banking Corp. of Florida SBCF Stock’s Technical Performance Broken Down

Seacoast Banking Corp. of Florida SBCF Stock's Technical Performance Over The Last Year

SBCF Stock Price: $33.50

10 Day Moving Average: $32.45

50 Day Moving Average: $33.20

200 Day Moving Average: $34.62

RSI: 53.6

MACD: -0.192

Yesterday, SBCF stock completed a bullish MACD crossover, notching a third straight day of gains.

Their recent trading volume has been above average compared to the year prior, and their RSI is still neutral, signaling that there may be more near-term bullish momentum.

They will need to test & break above the $34.09 & $34.25/share resistance levels as they continue to climb higher.

Seacoast Banking Corp. of Florida SBCF Stock As A Long-Term Investment

Long-term oriented investors will like SBCF stock’s valuation metrics, as their P/E (ttm) is 17.43, with a 1.51 P/B(mrq).

They recently reported -5.2% Quarterly Revenue Growth Y-o-Y, with -38.9% Quarterly Earnings Growth Y-o-Y, which may be cause for concern.

Their balance sheet is also very strong, with a reported $1.23B of Total Cash (mrq) & $192.64M of Total Debt (mrq).

SBCF stock pays a 1.56% dividend yield, which appears to be sustainable in the long-term, as their payout ratio is 27.23%.

85.83% of SBCF stock’s outstanding share float is owned by institutional investors.

Seacoast Banking Corp. of Florida SBCF Stock As A Short-Term Trade Using Options

Short-term oriented traders can use options to take advantage of SBCF stock’s price movement, while protecting themselves from broader market volatility.

SBCF stock’s options are all very illiquid, with the highest levels of open interest being for the 9/16/2022 contracts.

Currently, none of the strikes are in the money, but the $40 & $45 strikes have the most open interest.

Similar to the puts, where only the $25 & $30 strike prices have any open interest levels.

Given that this is 3 months away, I expect there to become more liquidity in the coming months.

Tying It All Together

SBCF stock has many unique characteristics that traders & investors are sure to find appealing.

Investors will like their valuation, balance sheet & dividend yield, but may want to look into their growth prospects before investing.

Traders will like their current technical resilience during a volatile market period, but will be disappointed by how illiquid their options are.

Overall, it is worth taking a closer look at SBCF stock to see how it fits into your portfolio strategy.


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