NASDAQ:CARECarter Bank and Trust Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Carter Bank and Trust Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $7.06 -0.72 (-9.25 %) (As of 06/1/2020 04:00 PM ET) Add Compare Share Today's Range$6.96Now: $7.06▼$7.7050-Day Range$6.90MA: $8.09▼$10.2952-Week Range$6.44Now: $7.06▼$24.25Volume326,000 shsAverage Volume83,241 shsMarket Capitalization$185.73 millionP/E RatioN/ADividend YieldN/ABeta1.37 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsInstitutional OwnershipHeadlinesSocial Media Carter Bank & Trust provides a range of retail and commercial banking products and services in Virginia and North Carolina. It accepts checking, savings, retirement, and money market accounts, as well as longer-term certificates of deposit. The company also offers loans, such as secured and unsecured commercial loans; secured and unsecured consumer loans for financing automobiles, home improvements, education, and personal investments; real estate construction and acquisition loans; and fixed and variable rate mortgage loans. In addition, it provides safe deposit boxes, direct deposit of payroll and social security checks, and automated drafts for various accounts. As of December 31, 2018, the company operated 105 branches. Carter Bank & Trust is headquartered in Martinsville, Virginia.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingCarter Bank and Trust has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.75, Carter Bank and Trust has a potential upside of 66.4% from its current price of $7.06.Amount of Analyst CoverageCarter Bank and Trust has only been the subject of 1 research reports in the past 90 days. Previous Next 1.9 Community Rank Outperform VotesCarter Bank and Trust has received 16 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCarter Bank and Trust has received 27 “underperform” votes. (Add your “underperform” vote.)Community SentimentCarter Bank and Trust has received 62.79% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Carter Bank and Trust and other stocks. Vote “Outperform” if you believe CARE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CARE will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldCarter Bank and Trust does not currently pay a dividend.Dividend GrowthCarter Bank and Trust does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Carter Bank and Trust insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 33.92% of the stock of Carter Bank and Trust is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Carter Bank and Trust are expected to decrease by -14.29% in the coming year, from $0.42 to $0.36 per share.Price to Book Value per Share RatioCarter Bank and Trust has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 1.9Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.17 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:CARE Previous Symbol CUSIPN/A CIKN/A Webwww.carterbankandtrust.com Phone276-656-1776Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/APrice-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$169.01 million Price / Sales1.10 Cash Flow$0.93 per share Price / Cash Flow7.61 Book Value$16.61 per share Price / Book0.43Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees992 Outstanding Shares26,308,000Market Cap$185.73 million Next Earnings Date6/4/2020 (Estimated) OptionableNot Optionable NASDAQ:CARE Rates by TradingView Receive CARE News and Ratings via Email Sign-up to receive the latest news and ratings for CARE and its competitors with MarketBeat's FREE daily newsletter. Carter Bank and Trust (NASDAQ:CARE) Frequently Asked Questions How has Carter Bank and Trust's stock been impacted by COVID-19 (Coronavirus)? Carter Bank and Trust's stock was trading at $13.42 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CARE shares have decreased by 47.4% and is now trading at $7.06. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Carter Bank and Trust? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carter Bank and Trust in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Carter Bank and Trust. When is Carter Bank and Trust's next earnings date? Carter Bank and Trust is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for Carter Bank and Trust. How were Carter Bank and Trust's earnings last quarter? Carter Bank and Trust (NASDAQ:CARE) released its earnings results on Thursday, April, 25th. The company reported $0.29 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.10 by $0.19. The company earned $31.70 million during the quarter, compared to analysts' expectations of $34.03 million. View Carter Bank and Trust's earnings history. How often does Carter Bank and Trust pay dividends? What is the dividend yield for Carter Bank and Trust? Carter Bank and Trust announced a dividend on Wednesday, February 12th. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.14 per share on Tuesday, March 3rd. The ex-dividend date is Friday, February 14th. View Carter Bank and Trust's dividend history. What price target have analysts set for CARE? 3 analysts have issued 12-month price targets for Carter Bank and Trust's shares. Their forecasts range from $10.50 to $13.00. On average, they anticipate Carter Bank and Trust's stock price to reach $11.75 in the next twelve months. This suggests a possible upside of 66.4% from the stock's current price. View analysts' price targets for Carter Bank and Trust. Has Carter Bank and Trust been receiving favorable news coverage? Media stories about CARE stock have been trending extremely negative on Monday, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Carter Bank and Trust earned a coverage optimism score of -5.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutCarter Bank and Trust. Are investors shorting Carter Bank and Trust? Carter Bank and Trust saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 208,000 shares, a decrease of 7.3% from the April 30th total of 224,500 shares. Based on an average daily trading volume, of 79,300 shares, the short-interest ratio is presently 2.6 days. Approximately 0.9% of the company's shares are short sold. View Carter Bank and Trust's Current Options Chain. Who are some of Carter Bank and Trust's key competitors? Some companies that are related to Carter Bank and Trust include First Bancorp (FBNC), Republic Bancorp, Inc. KY (RBCAA), First Foundation (FFWM), First National Bank Alaska (FBAK), OFG Bancorp (OFG), TrustCo Bank Corp NY (TRST), Triumph Bancorp (TBK), Community Trust Bancorp (CTBI), ConnectOne Bancorp (CNOB), Great Southern Bancorp (GSBC), Preferred Bank (PFBC), Boston Private Financial (BPFH), Lakeland Bancorp (LBAI), HomeStreet (HMST) and Bryn Mawr Bank (BMTC). View all competitors. What other stocks do shareholders of Carter Bank and Trust own? Based on aggregate information from My MarketBeat watchlists, some companies that other Carter Bank and Trust investors own include Advanced Micro Devices (AMD), Alibaba Group (BABA), Carnival (CCL), Las Vegas Sands (LVS), NVIDIA (NVDA), Verizon Communications (VZ), AbbVie (ABBV), Air Lease (AL), Walt Disney (DIS) and General Motors (GM). Who are Carter Bank and Trust's key executives? Carter Bank and Trust's management team includes the following people: Mr. Litz H. Van Dyke, CEO & Director (Age 55)Ms. Phyllis Q. Karavatakis, Vice Chairman, Pres & Chief Banking Officer (Age 63)Ms. Wendy S. Bell, Exec. VP & CFO (Age 55)Mr. Matthew M. Speare, Exec. VP & Chief Information Officer (Age 52)Ms. Jane Ann Davis, Exec. VP & Chief Admin. Officer (Age 56) What is Carter Bank and Trust's stock symbol? Carter Bank and Trust trades on the NASDAQ under the ticker symbol "CARE." Who are Carter Bank and Trust's major shareholders? Carter Bank and Trust's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.13%), Alliancebernstein L.P. (5.13%), Russell Investments Group Ltd. (2.81%), State Street Corp (1.76%), Geode Capital Management LLC (1.28%) and Acadian Asset Management LLC (0.81%). Which major investors are selling Carter Bank and Trust stock? CARE stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Martingale Asset Management L P, Bessemer Group Inc., Morgan Stanley, UBS Group AG, Two Sigma Investments LP, Nuveen Asset Management LLC, and New York State Common Retirement Fund. Which major investors are buying Carter Bank and Trust stock? CARE stock was acquired by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Geode Capital Management LLC, BlackRock Inc., Acadian Asset Management LLC, Permanens Capital L.P., JPMorgan Chase & Co., IndexIQ Advisors LLC, and Los Angeles Capital Management & Equity Research Inc.. How do I buy shares of Carter Bank and Trust? Shares of CARE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Carter Bank and Trust's stock price today? One share of CARE stock can currently be purchased for approximately $7.06. How big of a company is Carter Bank and Trust? Carter Bank and Trust has a market capitalization of $185.73 million and generates $169.01 million in revenue each year. Carter Bank and Trust employs 992 workers across the globe. What is Carter Bank and Trust's official website? The official website for Carter Bank and Trust is www.carterbankandtrust.com. How can I contact Carter Bank and Trust? Carter Bank and Trust's mailing address is 1300 Kings Mountain Road, Martinsville VA, 24112. The company can be reached via phone at 276-656-1776 or via email at [email protected] This page was last updated on 6/1/2020 by MarketBeat.com Staff
