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NASDAQ:CARECarter Bank and Trust Stock Price, Forecast & News

$8.08
+0.81 (+11.14 %)
(As of 06/3/2020 04:00 PM ET)
Add
Compare
Today's Range
$7.45
Now: $8.08
$8.13
50-Day Range
$6.90
MA: $7.93
$10.29
52-Week Range
$6.44
Now: $8.08
$24.25
Volume101,519 shs
Average Volume83,685 shs
Market Capitalization$212.57 million
P/E RatioN/A
Dividend YieldN/A
Beta1.36
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

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

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:CARE
CUSIPN/A
CIKN/A
Phone276-656-1776

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$169.01 million
Cash Flow$1.01 per share
Book Value$16.61 per share

Profitability

Miscellaneous

Employees992
Market Cap$212.57 million
Next Earnings Date6/4/2020 (Estimated)
OptionableNot Optionable

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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 reached pandemic status according to the World Health Organization. Since then, CARE shares have decreased by 39.8% and is now trading at $8.08. 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) posted its quarterly earnings data on Thursday, April, 25th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.19. The firm earned $31.70 million during the quarter, compared to analyst estimates 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 declared a dividend on Wednesday, February 12th. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.14 per share on Tuesday, March 3rd. The ex-dividend date of this dividend is Friday, February 14th. View Carter Bank and Trust's dividend history.

What price target have analysts set for CARE?

3 brokerages have issued 1 year target prices 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 year. This suggests a possible upside of 45.4% 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?

News stories about CARE stock have trended very negative recently, according to InfoTrie. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Carter Bank and Trust earned a daily sentiment score of -3.1 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely 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 drop in short interest in the month of May. As of May 15th, there was short interest totaling 208,000 shares, a drop of 7.3% from the April 30th total of 224,500 shares. Based on an average trading volume of 79,300 shares, the short-interest ratio is currently 2.6 days. Approximately 0.9% of the shares of the company are sold short. View Carter Bank and Trust's Current Options Chain.

Who are some of Carter Bank and Trust's key 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 variety of retail and institutional 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 institutional 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 institutional investors are buying Carter Bank and Trust stock?

CARE stock was bought 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 $8.08.

How big of a company is Carter Bank and Trust?

Carter Bank and Trust has a market capitalization of $212.57 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 6/3/2020 by MarketBeat.com Staff

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