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Seacoast (SBCF) Catches Eye: Stock Gains 5.1% in Session

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.

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Seacoast Banking Corporation of Florida (SBCF): Free Stock Analysis Report

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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.

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