NASDAQ:CARE Carter Bankshares (CARE) Stock Price, News & Analysis → Tech GIANT’s Plans to Revolutionize Crypto… (From Crypto 101 Media) (Ad) Free CARE Stock Alerts $13.07 -0.11 (-0.83%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$13.02▼$13.2450-Day Range$11.01▼$13.3652-Week Range$10.43▼$16.74Volume187,771 shsAverage Volume88,666 shsMarket Capitalization$300.74 millionP/E Ratio22.93Dividend YieldN/APrice TargetN/A Stock AnalysisStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Carter Bankshares alerts: Email Address Carter Bankshares MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestBearish1.30% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.75Based on 3 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.2.30 out of 5 starsFinance Sector672nd out of 876 stocksNational Commercial Banks Industry72nd out of 85 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 Shorted1.30% 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 2.43%, indicating that investor sentiment is decreasing. 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 2.6 News and Social Media Coverage News SentimentCarter Bankshares has a news sentiment score of 0.75. 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 higher news sentiment than the 0.56 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Carter Bankshares this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 1 people have added Carter Bankshares to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 2.23% 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 22.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.15.Price to Earnings Ratio vs. SectorThe P/E ratio of Carter Bankshares is 22.93, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.13.Price to Book Value per Share RatioCarter Bankshares has a P/B Ratio of 0.84. 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 Crypto 101 MediaThe Crypto 9-5 Escape PlanA brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.Click here to get instant access to the guide 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 9, 2024 | finanznachrichten.deCarter Bankshares, Inc.: Carter Bank Brings Relationship Banking to Raleigh AreaMay 4, 2024 | americanbankingnews.comWSFS Financial (NASDAQ:WSFS) versus Carter Bankshares (NASDAQ:CARE) Financial ContrastMay 11, 2024 | Crypto 101 Media (Ad)The Crypto 9-5 Escape PlanA brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.May 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 95May 11, 2024 | Crypto 101 Media (Ad)The Crypto 9-5 Escape PlanA brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.April 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) NPFebruary 26, 2024 | msn.comJimmy Carter Health UpdateFebruary 22, 2024 | msn.comCarter becomes first living ex-president with official White House Christmas ornamentFebruary 20, 2024 | msn.comJimmy Carter Continues To Lead Even As He Marks One Year On Hospice Care: 'Very Powerful'February 20, 2024 | msn.comJimmy Carter’s one year in hospice sparks conversation about hospice care mythsFebruary 20, 2024 | msn.comCarter's year in hospice sheds light on end-of-life care optionFebruary 19, 2024 | ca.news.yahoo.comWith four brothers on the mat, this Denver family finds purpose in wrestlingSee 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 Earnings10/26/2023Today5/11/2024Next 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 Ratio22.93 Forward P/E Ratio14.21 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 Ratio0.93 Sales & Book Value Annual Sales$214.70 million Price / Sales1.40 Cash Flow$1.77 per share Price / Cash Flow7.38 Book Value$15.60 per share Price / Book0.84Miscellaneous Outstanding Shares23,010,000Free Float22,506,000Market Cap$300.74 million OptionableOptionable Beta0.94 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Litz H. Van Dyke (Age 60)CEO & Director Comp: $1.03MMs. Phyllis Q. Karavatakis (Age 68)Vice Chairman Ms. Wendy S. Bell (Age 60)Chief Financial Officer Comp: $603.61kMr. A. Loran Adams (Age 63)Executive VP & Director of Regulatory Risk Management Joyce A. ParkerSecretaryMisty PowellAssistant Vice PresidentBill HubbleVice President and Managing Officer of Blacksburg OfficeMore ExecutivesKey CompetitorsNewtekOneNASDAQ:NEWTCapital BancorpNASDAQ:CBNKFidelity D & D BancorpNASDAQ:FDBCFinancial InstitutionsNASDAQ:FISIPeoples Financial ServicesNASDAQ:PFISView All CompetitorsInsiders & InstitutionsVanguard 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%Empowered Funds LLCSold 1,478 shares on 5/7/2024Ownership: 0.309%SG Americas Securities LLCSold 4,397 shares on 5/7/2024Ownership: 0.035%Tandem Investment Advisors Inc.Sold 4,500 shares on 4/30/2024Ownership: 0.089%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 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) announced its quarterly 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 company had revenue of $54.16 million for the quarter, compared to the consensus estimate of $33.19 million. Carter Bankshares had a trailing twelve-month return on equity of 4.43% and a net margin of 6.11%. 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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.41%), 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 5/11/2024 by MarketBeat.com Staff From Our PartnersThe Crypto 9-5 Escape PlanCrypto 101 MediaDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldThe A.I. story nobody is telling you (Read ASAP)TradeSmithTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeCollapse of the Petrodollar Colonial MetalsForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm Press[URGENT] DO NOT Touch These AI Stocks!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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