NASDAQ:CARE Carter Bankshares (CARE) Stock Price, News & Analysis → Log Into Marc's $5,000 System Today (From Chaikin Analytics) (Ad) Free CARE Stock Alerts $12.68 -0.25 (-1.93%) (As of 05/28/2024 ET) Add Compare Share Share Today's Range$12.66▼$12.9450-Day Range$11.01▼$13.7552-Week Range$10.43▼$16.74Volume50,550 shsAverage Volume66,455 shsMarket Capitalization$291.77 millionP/E Ratio22.25Dividend YieldN/APrice TargetN/A Stock AnalysisStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Carter Bankshares alerts: Email Address Carter Bankshares MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestBearish1.38% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.43Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth42.39%From $0.92 to $1.31 Per ShareSee Full Details Hide Full Details 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.2.03 out of 5 starsFinance Sector599th out of 881 stocksNational Commercial Banks Industry67th out of 86 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Carter Bankshares.Read more about Carter Bankshares' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.38% of the float of Carter Bankshares has been sold short.Short Interest Ratio / Days to CoverCarter Bankshares has a short interest ratio ("days to cover") of 4.4.Change versus previous monthShort interest in Carter Bankshares has recently increased by 8.43%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCarter Bankshares does not currently pay a dividend.Dividend GrowthCarter Bankshares does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CARE. Previous Next 2.5 News and Social Media Coverage News SentimentCarter Bankshares has a news sentiment score of 0.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.81 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Carter Bankshares this week, compared to 2 articles on an average week.MarketBeat Follows2 people have added Carter Bankshares to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Carter Bankshares insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.86% of the stock of Carter Bankshares is held by insiders.Percentage Held by Institutions41.48% of the stock of Carter Bankshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Carter Bankshares' insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Carter Bankshares are expected to grow by 42.39% in the coming year, from $0.92 to $1.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Carter Bankshares is 22.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.64.Price to Earnings Ratio vs. SectorThe P/E ratio of Carter Bankshares is 22.25, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.95.Price to Book Value per Share RatioCarter Bankshares has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Carter Bankshares' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Chaikin AnalyticsLog Into Marc's $5,000 System TodayNew Panic Could Sweep America Mark these words in 2024. Everyone's going to cash… Wall Street legend says: "A little-known vehicle outside of banks could double… triple… or even quadruple your life savings if you know where to find it right now." We urge you to move your cash into this vehicle in 2024. More here. 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.Read More CARE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CARE Stock News HeadlinesMay 28 at 10:33 AM | msn.comImplied Volatility Surging for Carter Bankshares (CARE) Stock OptionsMay 27 at 6:08 PM | msn.comCarter BloodCare: Critical need for O negative donorsMay 26 at 1:55 PM | msn.comThe Carter Family: All About Nick and Aaron Carter’s Parents and SiblingsMay 19, 2024 | americanbankingnews.comCritical Survey: WSFS Financial (NASDAQ:WSFS) versus Carter Bankshares (NASDAQ:CARE)May 15, 2024 | msn.comJimmy Carter’s grandson says he is ‘coming to the end’ after more than a year in hospice careMay 14, 2024 | usatoday.comJimmy Carter's grandson says he's is 'coming to the end' after over a year in hospice careMay 14, 2024 | msn.comJimmy Carter’s grandson provides update on health of former presidentMay 9, 2024 | finanznachrichten.deCarter Bankshares, Inc.: Carter Bank Brings Relationship Banking to Raleigh AreaMay 2, 2024 | seekingalpha.comCarter's Excellent Business Is A Buy At P/B Ratios Below 3April 30, 2024 | msn.com‘Story to share’: Babies named Johnny Cash and June Carter born at same hospital, same dayApril 28, 2024 | finance.yahoo.comCarter Bankshares First Quarter 2024 Earnings: Beats ExpectationsApril 25, 2024 | yahoo.comNashville's Paseo South Gulch development gets newest tenant with Carter Vintage GuitarsApril 23, 2024 | msn.comBoundary-breaking ‘Battlestar Galactica’ actor Terry Carter dead aged 95April 20, 2024 | finance.yahoo.comCarter Bankshares, Inc.'s (NASDAQ:CARE) top owners are individual investors with 54% stake, while 42% is held by institutionsApril 19, 2024 | msn.com'My life has definitely changed' | Americus building event honors President Jimmy Carter and his family's community impactApril 4, 2024 | msn.comESPN's Andraya Carter tabs Iowa as South Carolina's biggest threatMarch 28, 2024 | abcnews.go.comJimmy Carter, more than a year into hospice care, reaches another milestoneMarch 26, 2024 | msn.com‘How dare they?’ Antwoina Carter’s family seeks justice following her shooting death near her homeMarch 20, 2024 | msn.comHelena Bonham Carter Details Close Friendship with Anthony Hopkins: We 'Go Back a Long Way' (Exclusive)March 19, 2024 | msn.comRemarkable Women: Angel CarterMarch 17, 2024 | msn.comCarter County residents prepare for storm season with severe weather and disaster preparedness eventMarch 15, 2024 | msn.comNew York Times Photo Editor Carter Love Dead at 41March 11, 2024 | bizjournals.comTop-level FedEx executive Rob Carter to retire; company names CIO successorMarch 2, 2024 | health.usnews.comCarter Pieper PAMarch 2, 2024 | health.usnews.comAlisha D. Carter (Carter) NPSee More Headlines Receive CARE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Carter Bankshares and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/25/2024Today5/28/2024Next Earnings (Estimated)7/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry National commercial banks Sub-IndustryN/A Current SymbolNASDAQ:CARE CUSIPN/A CIK1829576 Webwww.carterbankandtrust.com Phone(276) 656-1776FaxN/AEmployees679Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$0.57 Trailing P/E Ratio22.25 Forward P/E Ratio13.78 P/E GrowthN/ANet Income$23.19 million Net Margins6.11% Pretax Margin7.14% Return on Equity4.43% Return on Assets0.34% Debt Debt-to-Equity Ratio0.86 Current Ratio0.92 Quick Ratio0.92 Sales & Book Value Annual Sales$214.70 million Price / Sales1.36 Cash Flow$1.73 per share Price / Cash Flow7.32 Book Value$15.30 per share Price / Book0.83Miscellaneous Outstanding Shares23,010,000Free Float22,587,000Market Cap$291.77 million OptionableOptionable Beta0.94 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Litz H. Van Dyke (Age 60)CEO & Director Comp: $687.77kMs. Phyllis Q. Karavatakis (Age 68)Vice Chairman Ms. Wendy S. Bell (Age 60)Chief Financial Officer Comp: $436.08kMr. A. Loran Adams (Age 62)Executive VP & Director of Regulatory Risk Management Joyce A. ParkerSecretaryMisty PowellAssistant Vice PresidentBill HubbleVice President and Managing Officer of Blacksburg OfficeMore ExecutivesKey CompetitorsNewtekOneNASDAQ:NEWTFinancial InstitutionsNASDAQ:FISIGuaranty BancsharesNASDAQ:GNTYCapital BancorpNASDAQ:CBNKFirst BancorpNASDAQ:FNLCView All CompetitorsInsiders & InstitutionsBlack Maple Capital Management LPBought 23,154 shares on 5/16/2024Ownership: 0.101%California State Teachers Retirement SystemSold 1,454 shares on 5/16/2024Ownership: 0.010%Huber Capital Management LLCSold 6,674 shares on 5/15/2024Ownership: 1.009%Vanguard Group Inc.Bought 17,327 shares on 5/10/2024Ownership: 5.410%Russell Investments Group Ltd.Sold 16,626 shares on 5/8/2024Ownership: 0.343%View All Insider TransactionsView All Institutional Transactions 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 the year. Since then, CARE shares have decreased by 15.3% and is now trading at $12.68. View the best growth stocks for 2024 here. Are investors shorting Carter Bankshares? Carter Bankshares saw a increase in short interest in May. As of May 15th, there was short interest totaling 311,200 shares, an increase of 8.4% from the April 30th total of 287,000 shares. Based on an average trading volume of 70,200 shares, the short-interest ratio is presently 4.4 days. Currently, 1.4% of the company's shares are sold short. View Carter Bankshares' Short Interest. 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) announced its earnings results on Thursday, April, 25th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.14. The company earned $33.46 million during the quarter, compared to analysts' expectations of $32.79 million. Carter Bankshares had a net margin of 6.11% and a trailing twelve-month return on equity of 4.43%. 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 number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.41%), Huber Capital Management LLC (1.01%), Russell Investments Group Ltd. (0.34%), Empowered Funds LLC (0.31%), Black Maple Capital Management LP (0.10%) and Tandem Investment Advisors Inc. (0.09%). Insiders that own company stock include Arthur Loran Adams, 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 5/28/2024 by MarketBeat.com Staff From Our PartnersWARNING about the death of the U.S. dollar…Colonial MetalsDigitizing the $11T commodities sector with one tiny stockResource Stock DigestTim Sykes’ Urgent Trade Alert: “Make this move now”Timothy SykesBiggest Prediction of My 50-Year Career on Wall StreetChaikin AnalyticsElon’s New Device is About to Shock the WorldInvestorPlaceHe Is Giving Away BitcoinCrypto Swap ProfitsExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersThe ONE AI Stock to own now. (It’s not Nvidia.)Weiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Carter Bankshares, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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