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NASDAQ:CARE

Carter Bankshares (CARE) Stock Price, News & Analysis

Carter Bankshares logo
$29.39 +0.70 (+2.44%)
Closing price 11/9/2026 04:00 PM Eastern
Extended Trading
$29.23 -0.16 (-0.54%)
As of 04:07 AM 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
$28.87
▼
$29.56
50-Day Range
$28.48
▼
$31.98
52-Week Range
$16.86
▼
$36.06
Volume
294,533 shs
Average Volume
182,860 shs
Market Capitalization
$651.28 million
P/E Ratio
4.96
Dividend Yield
1.36%
Price Target
$30.75
Consensus Rating
Hold

Company Overview

Carter Bankshares, Inc. is the bank holding company for Carter Bank & Trust, a community-focused financial institution headquartered in Martinsville, Virginia. The bank provides banking and financial services to individuals, businesses and organizations through its branch network and digital banking channels.

Carter Bank & Trust offers deposit products, residential and commercial real estate lending, consumer loans, business loans, treasury management and other financial services. Its lending activities include financing for homes, commercial properties, construction projects and local businesses, while its deposit products include checking, savings, money market and time deposit accounts.

Founded in 1974, Carter Bank & Trust has historically served communities across southern and central Virginia and northern North Carolina. Carter Bankshares became a publicly traded company on the Nasdaq in 2021. The company’s operations remain centered on relationship-based community banking and supporting the financial needs of customers and businesses in its regional market.

AI Generated. May Contain Errors.

Carter Bankshares Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
59th Percentile Overall Score

CARE MarketRank™: 
2.952734267655 of 5 stars

Carter Bankshares scored higher than 59% of companies evaluated by MarketBeat, and ranked 562nd out of 834 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 1 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 36.11% in the coming year, from $1.80 to $2.45 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Carter Bankshares is 4.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.03.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Carter Bankshares is 4.96, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.31.

  • Price to Book Value per Share Ratio

    Carter Bankshares has a P/B Ratio of 1.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    11.50% 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 16.21, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Carter Bankshares has recently decreased by 6.28%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Carter Bankshares pays a meaningful dividend of 1.37%, 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 6.76%. 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 16.33% next year. This indicates that Carter Bankshares will be able to sustain or increase its dividend.

  • Read more about Carter Bankshares' dividend.
  • News Sentiment

    Carter Bankshares has a news sentiment score of 0.40. 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 0.55 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Carter Bankshares this week, compared to 2 articles on an average week.
  • Search Interest

    2 people have searched for CARE on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 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.
  • Insider Buying vs. Insider Selling

    In the past three months, Carter Bankshares insiders have not sold or bought any 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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Carter Bankshares' Growth Doesn't Buy It A 'Buy' Rating
See More Headlines

CARE Stock Analysis - Frequently Asked Questions

Carter Bankshares' stock was trading at $19.66 at the beginning of the year. Since then, CARE stock has increased by 49.5% and is now trading at $29.39.

Carter Bankshares, Inc. (NASDAQ:CARE) announced its quarterly earnings results on Thursday, October, 29th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.54 by $0.19. The company had revenue of $46.22 million for the quarter, compared to analysts' expectations of $47.19 million. Carter Bankshares had a net margin of 37.19% and a trailing twelve-month return on equity of 7.55%.

Carter Bankshares' top institutional investors include Russell Investments Group Ltd. (0.57%), Oppenheimer & Close LLC (0.20%), Ritholtz Wealth Management (0.14%) and Allspring Global Investments Holdings LLC (0.13%). 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 Micron Technology (MU), Taiwan Semiconductor Manufacturing (TSM), Wells Fargo & Company (WFC), ExxonMobil (XOM), Eli Lilly and Company (LLY), McDonald's (MCD) and NVIDIA (NVDA).

Company Calendar

Record date for 8/24 Dividend
8/10/2026
Ex-Dividend for 8/24 Dividend
8/10/2026
Dividend Payable
8/24/2026
Last Earnings
10/29/2026
Today
11/09/2026
Record date for 11/23 Dividend
11/09/2026
Ex-Dividend for 11/23 Dividend
11/09/2026
Dividend Payable
11/23/2026
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
+4.6%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

EPS (Trailing Twelve Months)
$5.92
Trailing P/E Ratio
4.96
Forward P/E Ratio
12.00
P/E Growth
N/A
Net Income
$31 million
Net Margins
37.19%
Pretax Margin
47.36%
Return on Equity
7.55%
Return on Assets
0.76%

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
2.56
Cash Flow
$1.96 per share
Price / Cash Flow
15.03
Book Value
$19.00 per share
Price / Book
1.55

Miscellaneous

Outstanding Shares
22,160,000
Free Float
21,636,000
Market Cap
$651.28 million
Optionable
Optionable
Beta
0.60
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This page (NASDAQ:CARE) was last updated on 11/9/2026 by MarketBeat.com Staff.
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