Carter Bankshares Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Carter Bankshares in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Carter Bankshares stock.
View analyst ratings for Carter Bankshares or view top-rated stocks.

Wall Street analysts have given Carter Bankshares a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Carter Bankshares wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Carter Bankshares is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Carter Bankshares.

Carter Bankshares, Inc. (NASDAQ:CARE) posted its quarterly earnings data on Thursday, April, 29th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.15. The business earned $35.48 million during the quarter, compared to analysts' expectations of $31.39 million.
View Carter Bankshares' earnings history.

Carter Bankshares' stock was trading at $13.42 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CARE stock has decreased by 0.9% and is now trading at $13.30.
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3 analysts have issued 12-month price objectives for Carter Bankshares' shares. Their forecasts range from $13.00 to $16.25. On average, they expect Carter Bankshares' share price to reach $14.63 in the next twelve months. This suggests a possible upside of 10.0% from the stock's current price.
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Some companies that are related to Carter Bankshares include First Commonwealth Financial (FCF), The Bancorp (TBBK), City (CHCO), National Bank (NBHC), Dime Community Bancshares (DCOM), Meridian Bancorp (EBSB), Farmers & Merchants Bank of Long Beach (FMBL), Banc of California (BANC), Amerant Bancorp (AMTB), The First Bancshares (FBMS), Camden National (CAC), Nicolet Bankshares (NCBS), CBTX (CBTX), Hanmi Financial (HAFC) and Arrow Financial (AROW).
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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).

Carter Bankshares trades on the NASDAQ under the ticker symbol "CARE."

Carter Bankshares' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (6.81%), Alliancebernstein L.P. (6.10%), Hunter Perkins Capital Management LLC (1.81%), Geode Capital Management LLC (1.38%), Northern Trust Corp (0.85%) and BHZ Capital Management LP (0.81%). Company insiders that own Carter Bankshares stock include Arthur Loran Adams, Bradford N Langs, Dyke Litz H Van, Elizabeth L Walsh, Gregory W Feldmann, Matthew M Speare, Michael R Bird and Phyllis Q Karavatakis.
View institutional ownership trends for Carter Bankshares.

CARE stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Alliancebernstein L.P., BHZ Capital Management LP, Northern Trust Corp, Morgan Stanley, D. E. Shaw & Co. Inc., Strs Ohio, and Nuveen Asset Management LLC.
View insider buying and selling activity for Carter Bankshares or view top insider-selling stocks.

CARE stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Tandem Investment Advisors Inc., BlackRock Inc., QS Investors LLC, Kennedy Capital Management Inc., Renaissance Technologies LLC, Citadel Advisors LLC, and Martingale Asset Management L P. Company insiders that have bought Carter Bankshares stock in the last two years include Arthur Loran Adams, Dyke Litz H Van, Elizabeth L Walsh, Gregory W Feldmann, Matthew M Speare, Michael R Bird, and Phyllis Q Karavatakis.
View insider buying and selling activity for Carter Bankshares or or view top insider-buying stocks.

Shares of CARE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CARE stock can currently be purchased for approximately $13.30.

Carter Bankshares has a market capitalization of $352.01 million and generates $167.52 million in revenue each year.

Carter Bankshares employs 828 workers across the globe.

The official website for Carter Bankshares is www.carterbankandtrust.com.

Carter Bankshares is headquartered at 1300 Kings Mountain Road, Martinsville VA, 24112.

Carter Bankshares' 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]