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Seaport Global Reaffirms Their Buy Rating on Beacon Financial Corporation (BBT)

Tipranks - Sat May 2, 8:12AM CDT

In a report released yesterday, from Seaport Global reiterated a Buy rating on Beacon Financial Corporation, with a price target of $39.00. The company’s shares closed yesterday at $28.53.

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Beacon Financial Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $33.31, implying a 16.75% upside from current levels. In a report released today, KBW also maintained a Buy rating on the stock with a $33.00 price target.

Based on Beacon Financial Corporation’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $309.65 million and a net profit of $53.37 million. In comparison, last year the company earned a revenue of $160.77 million and had a net profit of $19.66 million

Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BBT in relation to earlier this year. Most recently, in February 2026, Michael W. McCurdy, the Chief Banking Officer of BBT sold 17,333.00 shares for a total of $538,016.32.

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