Seacoast Banking Corporation of FloridaSBCF was a big mover last session, as its shares rose over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 16% in the past one-month time frame.
The company has seen one positive estimate revision over the past 30 days. Also, its Zacks Consensus Estimate moved higher over the same timeframe, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Seacoast currently carries a Zacks Rank #2 (Buy).
Seacoast Banking Corporation of Florida Price
Seacoast Banking Corporation of Florida Price | Seacoast Banking Corporation of Florida Quote
Another favorably placed stock in the Banks - Southeast space is Ameris Bancorp, Inc ABCB , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Is SBCF going up? Or down? Predict to see what others think: Up or Down
The Best Place to Start Your Stock Search
Today, you are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buy" stocks - absolutely free of charge. Since 1988, Zacks Rank #1 stocks have nearly tripled the market, with average gains of +26% per year. Plus, you can access the list of portfolio-killing Zacks Rank #5 "Strong Sells" and other private research. See these stocks free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Seacoast Banking Corporation of Florida (SBCF): Free Stock Analysis Report
Ameris Bancorp (ABCB): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
