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NASDAQ:CARE

Carter Bankshares (CARE) Stock Price, News & Analysis

Carter Bankshares logo
$28.09 +0.95 (+3.50%)
As of 02:27 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About Carter Bankshares Stock (NASDAQ:CARE)

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Key Stats

Today's Range
$26.52
$27.23
50-Day Range
$19.80
$27.44
52-Week Range
$16.14
$27.86
Volume
250,494 shs
Average Volume
273,480 shs
Market Capitalization
$624.22 million
P/E Ratio
5.74
Dividend Yield
1.42%
Price Target
$27.50
Consensus Rating
Moderate Buy

Company Overview

Carter Bankshares Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
82nd Percentile Overall Score

CARE MarketRank™: 

Carter Bankshares scored higher than 82% of companies evaluated by MarketBeat, and ranked 305th out of 879 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 Moderate Buy. The company's average rating score is 2.60, and is based on no strong buy ratings, 3 buy ratings, 2 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 4 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 29.08% in the coming year, from $1.96 to $2.53 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Carter Bankshares is 5.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.27.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Carter Bankshares is 5.74, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.24.

  • Price to Book Value per Share Ratio

    Carter Bankshares has a P/B Ratio of 1.48. 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

    5.05% 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 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Carter Bankshares has recently increased by 14.34%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Carter Bankshares pays a meaningful dividend of 1.48%, 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 8.21%. 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 Sentiment

    Carter Bankshares has a news sentiment score of 1.04. 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 0.82 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Carter Bankshares this week, compared to 1 article on an average week.
  • Search Interest

    19 people have searched for CARE on MarketBeat in the last 30 days. This is an increase of 850% compared to the previous 30 days.
  • MarketBeat Follows

    1 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 21.46% more of their company's stock than they have bought. Specifically, they have bought $119,865.00 in company stock and sold $145,585.00 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

June 12: $100 Turns Into $100,000?
The SpaceX IPO is scheduled for June 12, and former tech executive Jeff Brown - who identified Bitcoin, Tesla, and Nvidia before major runs - says the window to get in early is closing fast. Brown is showing investors how to claim a stake in Elon Musk's company before it hits the public markets. Once the IPO happens, this pre-public opportunity disappears.tc pixel
See More Headlines

CARE Stock Analysis - Frequently Asked Questions

Carter Bankshares' stock was trading at $19.66 at the beginning of 2026. Since then, CARE shares have increased by 42.8% and is now trading at $28.07.

Carter Bankshares, Inc. (NASDAQ:CARE) released its quarterly earnings data on Thursday, April, 23rd. The company reported $0.40 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.49 by $0.09. The business had revenue of $106.91 million for the quarter, compared to the consensus estimate of $42.47 million. Carter Bankshares had a net margin of 33.60% and a trailing twelve-month return on equity of 7.51%.

Top institutional shareholders of Carter Bankshares include Dimensional Fund Advisors LP (5.31%), Mendon Capital Advisors Corp (0.47%), Empowered Funds LLC (0.41%) and Bank of New York Mellon Corp (0.39%). Insiders that own company stock include Elizabeth L Walsh, Bradford N Langs, Kevin S Bloomfield, Catharine L Midkiff, Edward Warren Matthews, Robert M Bolton, Michael R Bird, Arthur Loran Adams and Curtis E Stephens.
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
4/23/2026
Record date for 5/25 Dividend
5/11/2026
Ex-Dividend for 5/25 Dividend
5/11/2026
Dividend Payable
5/25/2026
Today
6/02/2026
Next Earnings (Estimated)
7/23/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
BANKS - NORTHEAST
Sub-Industry
Banking
Current Symbol
NASDAQ:CARE
CIK
1829576
Fax
N/A
Employees
730
Year Founded
N/A

Price Target and Rating

High Price Target
$28.00
Low Price Target
$27.00
Potential Upside/Downside
-2.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

EPS (Trailing Twelve Months)
$4.87
Trailing P/E Ratio
5.74
Forward P/E Ratio
14.33
P/E Growth
N/A
Net Income
$31 million
Net Margins
33.60%
Pretax Margin
43.15%
Return on Equity
7.51%
Return on Assets
0.68%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
0.92
Quick Ratio
0.92

Sales & Book Value

Annual Sales
$218.89 million
Price / Sales
2.85
Cash Flow
$2.00 per share
Price / Cash Flow
14.02
Book Value
$19.00 per share
Price / Book
1.48

Miscellaneous

Outstanding Shares
22,222,000
Free Float
21,693,000
Market Cap
$624.22 million
Optionable
Optionable
Beta
0.51
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This page (NASDAQ:CARE) was last updated on 6/2/2026 by MarketBeat.com Staff.
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