|Day Low/High||22.16 / 22.39|
|52 Wk Low/High||13.40 / 17.19|
In recent trading, shares of Seacoast Banking Corp. of Florida have crossed above the average analyst 12-month target price of $24.38, changing hands for $24.70/share.
Addition of $212 Million-Asset Bank Will Strengthen Seacoast's Position in Florida's 2nd Largest MSA
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.
In recent trading, shares of Seacoast Banking Corp. of Florida have crossed above the average analyst 12-month target price of $24.21, changing hands for $24.25/share.
Addition of $346 Million-Asset Bank Will Strengthen Seacoast's Position in Florida's Largest MSA
In trading on Monday, shares of Seacoast Banking Corp. of Florida touched a new 52-week high of $25.48/share.
INVESTORS MAY LISTEN TO LIVE WEBCAST
Investors in Seacoast Banking Corp. of Florida saw new options begin trading this week, for the May 19th expiration.
When bond yields rise, the economy roars and it's game on for industrials, banks and retailers, says Jim Cramer.
In recent trading, shares of Seacoast Banking Corp. of Florida have crossed above the average analyst 12-month target price of $21.27, changing hands for $21.42/share.
The most recent short interest data was recently released for the 10/14/2016 settlement date, and Seacoast Banking Corp. of Florida is one of the most shorted stocks of the Russell 3000, based on 6.72 "days to cover" versus the median component at 6.24.
Following these activists can pay off; they know their banks inside out.
A look at the weighted underlying holdings of the First Trust Dow Jones Select MicroCap Index Fund (FDM) shows an impressive 19.9% of holdings on a weighted basis have experienced insider buying within the past six months. START SLIDESHOW:10 ETFs With Stocks That Insiders Are Buying » Seacoast Banking Corp.
With dealmaking among larger banks having dried up, analysts believe balance sheet woes, location and other issues will make several institutions potential sale fodder.
Small bank M&A activity is likely to pick up in the coming months. Analysts name these six banks as potential sellers, as well as three possible buyers.
Technology challenges and hamstrung big banks could make those financial institutions in the middle market play the roles of buyer or seller in the months to come.
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Not even Mike Trout is putting up these kind of numbers.
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Florida has seen a rise in the number of bank deals recently, and such activity is expected to continue as the state plays 'catch-up' after several years of low volume.
Although the firms were once seen as saviors in the industry, regulators were always skeptical and still regard them as short-term investors looking for bargains, rather than stewards.