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

$7.25
+0.40 (+5.84 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$6.83
Now: $7.25
$7.27
50-Day Range
$7.06
MA: $7.76
$9.85
52-Week Range
$6.44
Now: $7.25
$24.25
Volume59,950 shs
Average Volume88,616 shs
Market Capitalization$190.73 million
P/E RatioN/A
Dividend YieldN/A
Beta1.39
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 1.7Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.13 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$0.94 per share
Book Value$16.61 per share

Profitability

Miscellaneous

Employees992
Market Cap$190.73 million
Next Earnings DateN/A
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 COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CARE stock has decreased by 46.0% and is now trading at $7.25. 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.

How were Carter Bank and Trust's earnings last quarter?

Carter Bank and Trust (NASDAQ:CARE) announced its quarterly 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 business had revenue of $31.70 million for the quarter, compared to the consensus estimate 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 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 equities research analysts have issued twelve-month price targets for Carter Bank and Trust's shares. Their forecasts range from $10.50 to $13.00. On average, they expect Carter Bank and Trust's share price to reach $11.75 in the next twelve months. This suggests a possible upside of 62.1% 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 trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Carter Bank and Trust earned a media sentiment score of -1.8 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about Carter Bank and Trust.

Are investors shorting Carter Bank and Trust?

Carter Bank and Trust saw a decline in short interest in June. As of June 30th, there was short interest totaling 160,900 shares, a decline of 14.4% from the June 15th total of 188,000 shares. Based on an average daily volume of 100,900 shares, the short-interest ratio is currently 1.6 days. Currently, 0.7% of the shares of the company are short sold. 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 number of institutional and retail investors. Top institutional shareholders include Eidelman Virant Capital (0.15%) and Fourthstone LLC (0.04%).

Which institutional investors are buying Carter Bank and Trust stock?

CARE stock was acquired by a variety of institutional investors in the last quarter, including Eidelman Virant Capital, and Fourthstone LLC.

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 $7.25.

How big of a company is Carter Bank and Trust?

Carter Bank and Trust has a market capitalization of $190.73 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 7/11/2020 by MarketBeat.com Staff

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