NASDAQ:CARE

Carter Bankshares (CARE) Stock Price, News & Analysis

$13.07
-0.11 (-0.83%)
(As of 04:00 PM ET)
Today's Range
$13.02
$13.24
50-Day Range
$11.01
$13.36
52-Week Range
$10.43
$16.74
Volume
187,771 shs
Average Volume
65,073 shs
Market Capitalization
$300.81 million
P/E Ratio
22.93
Dividend Yield
N/A
Price Target
N/A

Carter Bankshares MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
1.30% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.47mentions of Carter Bankshares in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
42.39%
From $0.92 to $1.31 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.98 out of 5 stars

CARE stock logo

About Carter Bankshares Stock (NASDAQ:CARE)

Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various banking products and services in the United States. It accepts various deposit products, including checking, savings, retirement, and money market accounts, as well as certificates of deposits. The company also offers commercial loans comprising secured and unsecured loans; consumer loans, such as secured and unsecured loans for financing automobiles, home improvements, education, overdraft protection, and personal investments, as well as residential mortgages; real estate construction, acquisition, commercial, and industrial loans; home equity lines of credit; and credit cards, as well as originates and holds fixed and variable rate mortgage loans. In addition, it provides other banking services that include safe deposit boxes, direct deposit of payroll, and social security checks; online banking products, including online and mobile banking, online account opening, bill pay, e-statement, mobile deposit, digital wallet, and ATM services; title insurance and other financial institution-related products and services; and treasury and corporate cash management services. Carter Bankshares, Inc. was founded in 1974 and is headquartered in Martinsville, Virginia.

CARE Stock Price History

CARE Stock News Headlines

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Remarkable Women: Angel Carter
Carter Pieper PA
Alisha D. Carter (Carter) NP
Jimmy Carter Health Update
See More Headlines
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Company Calendar

Last Earnings
10/26/2023
Today
5/10/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:CARE
Fax
N/A
Employees
679
Year Founded
N/A

Profitability

Net Income
$23.19 million
Pretax Margin
13.38%

Debt

Sales & Book Value

Annual Sales
$124.28 million
Cash Flow
$1.81 per share
Book Value
$15.30 per share

Miscellaneous

Free Float
22,506,000
Market Cap
$303.34 million
Optionable
Optionable
Beta
0.94
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CARE Stock Analysis - Frequently Asked Questions

How have CARE shares performed in 2024?

Carter Bankshares' stock was trading at $14.97 at the beginning of 2024. Since then, CARE stock has decreased by 12.7% and is now trading at $13.07.
View the best growth stocks for 2024 here
.

When is Carter Bankshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our CARE earnings forecast
.

How were Carter Bankshares' earnings last quarter?

Carter Bankshares, Inc. (NASDAQ:CARE) issued its earnings results on Thursday, October, 26th. The company reported $0.20 earnings per share for the quarter, hitting the consensus estimate of $0.20. The business had revenue of $54.16 million for the quarter, compared to the consensus estimate of $33.19 million. Carter Bankshares had a net margin of 6.11% and a trailing twelve-month return on equity of 4.49%.

What other stocks do shareholders of Carter Bankshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Carter Bankshares investors own include Advanced Micro Devices (AMD), Target (TGT), AbbVie (ABBV), Alibaba Group (BABA), Best Buy (BBY), Carnival Co. & (CCL), Las Vegas Sands (LVS), NVIDIA (NVDA), Pfizer (PFE) and Peloton Interactive (PTON).

Who are Carter Bankshares' major shareholders?

Carter Bankshares' stock is owned by a variety of institutional and retail investors. Top institutional investors include Russell Investments Group Ltd. (0.34%), Empowered Funds LLC (0.31%), Tandem Investment Advisors Inc. (0.09%), SG Americas Securities LLC (0.03%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Arthur Loran Adams, Bradford N Langs, Catharine L Midkiff, Curtis E Stephens, Dyke Litz H Van, Edward Warren Matthews, Gregory W Feldmann, James W Haskins, Jane Ann Davis, Kevin S Bloomfield, Michael R Bird, Phyllis Q Karavatakis, Robert M Bolton and Wendy S Bell.
View institutional ownership trends
.

How do I buy shares of Carter Bankshares?

Shares of CARE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CARE) was last updated on 5/10/2024 by MarketBeat.com Staff

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