Carter Bankshares Stock Forecast, Price & News

+0.16 (+1.22 %)
(As of 06/23/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume68,998 shs
Average Volume64,734 shs
Market Capitalization$352.01 million
P/E RatioN/A
Dividend YieldN/A
30 days | 90 days | 365 days | Advanced Chart
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Carter Bankshares logo

About Carter Bankshares

Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various banking products and services. It accepts various deposit products, including checking, savings, retirement, and money market accounts, as well as longer-term certificates of deposits. The company also offers commercial loans comprising secured and unsecured loans; consumer loans, such as secured and unsecured loans for financing automobiles, home improvements, education, overdraft protection, and personal investments, as well as residential mortgages; real estate construction and acquisition loans; home equity lines of credit; and credit cards, as well as originates and holds fixed and variable rate mortgage loans. In addition, it provides other banking services that include safe deposit boxes, direct deposit of payroll and social security checks, online banking, bill pay, online account opening, mobile deposit, mobile banking, debit cards, e-statements, and ATM services; title insurance and other financial institution-related products and services; and treasury and corporate cash management services. The company operates through 92 branches in Virginia and North Carolina. The company was founded in 1974 and is headquartered in Martinsville, Virginia.


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Industry, Sector and Symbol

Sales & Book Value






Overall MarketRank

1.18 out of 5 stars

Finance Sector

940th out of 1,980 stocks

National Commercial Banks Industry

100th out of 167 stocks

Analyst Opinion: 1.5Community Rank: 1.9Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -
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Carter Bankshares (NASDAQ:CARE) Frequently Asked Questions

Is Carter Bankshares a buy right now?

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.

What stocks does MarketBeat like better than Carter Bankshares?

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.
View MarketBeat's top stock picks here.

When is Carter Bankshares' next earnings date?

Carter Bankshares is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Carter Bankshares

How were Carter Bankshares' earnings last quarter?

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

How has Carter Bankshares' stock been impacted by COVID-19?

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.
View which stocks have been most impacted by COVID-19

What price target have analysts set for CARE?

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.
View analysts' price targets for Carter Bankshares
or view top-rated stocks among Wall Street analysts.

Who are Carter Bankshares' key executives?

Carter Bankshares' management team includes the following people:
  • Mr. Litz H. Van Dyke, CEO & Director (Age 57, Pay $785.74k)
  • Ms. Phyllis Q. Karavatakis, Vice Chairman (Age 65, Pay $309.31k)
  • Ms. Wendy S. Bell, Chief Financial Officer (Age 57, Pay $443.07k)
  • Mr. Matthew M. Speare, Exec. VP & Chief Information Officer (Age 54, Pay $420.3k)
  • Ms. Jane Ann Davis, Exec. VP & Chief Admin. Officer (Age 58)
  • Mr. John Richard Spiker II, Exec. VP & Chief Lending Officer (Age 54)
  • Mr. Tony E. Kallsen, Exec. VP & Chief Credit Officer (Age 53)
  • Mr. A. Loran Adams, Exec. VP & Director of Regulatory Risk Management (Age 60)
  • Ms. Tami M. Buttrey, Exec. VP, Chief Retail Banking Officer & Director of Delivery Channel Optimization
  • Joyce A. Parker, Sec.

Who are some of Carter Bankshares' key competitors?

What other stocks do shareholders of Carter Bankshares own?

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).

What is Carter Bankshares' stock symbol?

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

Who are Carter Bankshares' major shareholders?

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

Which institutional investors are selling Carter Bankshares stock?

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.

Which institutional investors are buying Carter Bankshares stock?

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.

How do I buy shares of Carter Bankshares?

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.
Compare Top Brokerages Here.

What is Carter Bankshares' stock price today?

One share of CARE stock can currently be purchased for approximately $13.30.

How much money does Carter Bankshares make?

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

How many employees does Carter Bankshares have?

Carter Bankshares employs 828 workers across the globe.

What is Carter Bankshares' official website?

The official website for Carter Bankshares is

Where are Carter Bankshares' headquarters?

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

How can I contact Carter Bankshares?

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]

This page was last updated on 6/24/2021 by Staff
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