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NASDAQ:CARE

Carter Bankshares (CARE) Stock Price, News & Analysis

Carter Bankshares logo
$30.79 +0.32 (+1.05%)
Closing price 09/18/2026 04:00 PM Eastern
Extended Trading
$30.78 0.00 (-0.02%)
As of 09/18/2026 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Carter Bankshares Stock (NASDAQ:CARE)

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Key Stats

Today's Range
$29.82
$30.91
50-Day Range
$30.47
$35.72
52-Week Range
$16.78
$36.06
Volume
875,585 shs
Average Volume
228,715 shs
Market Capitalization
$682.31 million
P/E Ratio
5.30
Dividend Yield
1.30%
Price Target
$30.75
Consensus Rating
Hold

Company Overview

Carter Bankshares, Inc. is the bank holding company for Carter Bank & Trust, a community banking institution headquartered in Martinsville, Virginia. Through its banking subsidiary, the company provides financial services to individuals, families, businesses and nonprofit organizations.

Carter Bank & Trust offers a range of deposit products, including checking, savings, money market and certificate of deposit accounts. Its lending activities include residential and commercial real estate loans, construction and development financing, commercial and industrial loans, consumer loans and other credit products. The bank also provides treasury management, online and mobile banking, cash management and related business services.

Founded in 1974, Carter Bank & Trust serves communities in Virginia and North Carolina through a network of branches and other delivery channels. Carter Bankshares became a publicly traded company on the Nasdaq under the symbol CARE in 2021. Its operations remain focused on relationship-based community banking and supporting the financial needs of customers and businesses in its regional markets.

AI Generated. May Contain Errors.

Carter Bankshares Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
44th Percentile Overall Score

CARE MarketRank™: 

Carter Bankshares scored higher than 44% of companies evaluated by MarketBeat, and ranked 629th out of 835 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Carter Bankshares has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on no strong buy ratings, 1 buy rating, 4 hold ratings, and no sell ratings.

  • Upside/Downside

    The consensus price target for Carter Bankshares is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    Carter Bankshares has only been the subject of 3 research reports in the past 90 days.

  • Read more about Carter Bankshares' stock forecast and price target.
  • Earnings Growth

    Earnings for Carter Bankshares are expected to grow by 25.25% in the coming year, from $2.02 to $2.53 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Carter Bankshares is 5.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.66.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Carter Bankshares is 5.30, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 25.31.

  • Price to Book Value per Share Ratio

    Carter Bankshares has a P/B Ratio of 1.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Carter Bankshares' valuation and earnings.
  • Percentage of Shares Shorted

    9.72% of the float of Carter Bankshares has been sold short.
  • Short Interest Ratio / Days to Cover

    Carter Bankshares has a short interest ratio ("days to cover") of 7.29.
  • Change versus previous month

    Short interest in Carter Bankshares has recently increased by 1.45%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Carter Bankshares pays a meaningful dividend of 1.30%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Carter Bankshares does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Carter Bankshares is 6.88%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Carter Bankshares will have a dividend payout ratio of 15.81% next year. This indicates that Carter Bankshares will be able to sustain or increase its dividend.

  • Read more about Carter Bankshares' dividend.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Carter Bankshares this week, compared to 2 articles on an average week.
  • Search Interest

    Only 1 people have searched for CARE on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Carter Bankshares to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Carter Bankshares insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $138,250.00 in company stock.

  • Percentage Held by Insiders

    2.38% of the stock of Carter Bankshares is held by insiders.

  • Percentage Held by Institutions

    41.48% 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.
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CARE Stock News Headlines

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For centuries, families like the Rothschilds, Morgans, and Rockefellers have quietly used one overlooked type of finance to build lasting wealth. Legendary investor Joel Greenblatt calls it 'the closest thing to a perpetual motion machine you will ever see.' One investor famously turned 50000 dollars into 900 million using this approach. Porter Stansberry breaks down its origins and mechanics in a new free documentary.tc pixel
Carter Bankshares' Growth Doesn't Buy It A 'Buy' Rating
Carter Bankshares, Inc. Q2 2026 Earnings
See More Headlines

CARE Stock Analysis - Frequently Asked Questions

Carter Bankshares' stock was trading at $19.66 at the start of the year. Since then, CARE shares have increased by 56.6% and is now trading at $30.79.

Carter Bankshares, Inc. (NASDAQ:CARE) posted its quarterly earnings results on Thursday, July, 23rd. The company reported $0.53 earnings per share for the quarter, missing analysts' consensus estimates of $1.44 by $0.91. The company earned $68.68 million during the quarter, compared to the consensus estimate of $55.90 million. Carter Bankshares had a net margin of 36.79% and a trailing twelve-month return on equity of 7.46%.

Carter Bankshares' top institutional shareholders include Bank of New York Mellon Corp (0.32%), Engineers Gate Manager LP (0.09%), Integrated Wealth Concepts LLC (0.04%) and Allworth Financial LP (0.01%). Insiders that own company stock include Elizabeth L Walsh, Robert M Bolton, Bradford N Langs, Kevin S Bloomfield and Catharine L Midkiff.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Carter Bankshares investors own include Advanced Micro Devices (AMD), Tesla (TSLA), NVIDIA (NVDA), Meta Platforms (META), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Home Depot (HD).

Company Calendar

Last Earnings
7/23/2026
Record date for 8/24 Dividend
8/10/2026
Ex-Dividend for 8/24 Dividend
8/10/2026
Dividend Payable
8/24/2026
Today
9/20/2026
Next Earnings (Estimated)
10/22/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
Banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:CARE
CIK
1829576
Fax
N/A
Employees
687
Year Founded
N/A

Price Target and Rating

High Price Target
$34.50
Low Price Target
$27.00
Potential Upside/Downside
-0.1%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

EPS (Trailing Twelve Months)
$5.81
Trailing P/E Ratio
5.30
Forward P/E Ratio
15.24
P/E Growth
N/A
Net Income
$31 million
Net Margins
36.79%
Pretax Margin
47.36%
Return on Equity
7.46%
Return on Assets
0.73%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
0.94
Quick Ratio
0.94

Sales & Book Value

Annual Sales
$254.63 million
Price / Sales
2.68
Cash Flow
$1.95 per share
Price / Cash Flow
15.81
Book Value
$19.00 per share
Price / Book
1.62

Miscellaneous

Outstanding Shares
22,160,000
Free Float
21,636,000
Market Cap
$682.31 million
Optionable
Optionable
Beta
0.50
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This page (NASDAQ:CARE) was last updated on 9/20/2026 by MarketBeat.com Staff.
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