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NASDAQ:CARE

Carter Bankshares (CARE) Stock Price, News & Analysis

Carter Bankshares logo
$18.11 +0.16 (+0.89%)
As of 04:00 PM Eastern

About Carter Bankshares Stock (NASDAQ:CARE)

Key Stats

Today's Range
$17.84
$18.12
50-Day Range
$15.31
$18.25
52-Week Range
$13.61
$20.40
Volume
64,379 shs
Average Volume
76,382 shs
Market Capitalization
$419.43 million
P/E Ratio
15.09
Dividend Yield
N/A
Price Target
$21.50
Consensus Rating
Buy

Company Overview

Carter Bankshares Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
64th Percentile Overall Score

CARE MarketRank™: 

Carter Bankshares scored higher than 64% of companies evaluated by MarketBeat, and ranked 471st out of 903 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Carter Bankshares has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Carter Bankshares has received no research coverage in the past 90 days.

  • Read more about Carter Bankshares' stock forecast and price target.
  • Earnings Growth

    Earnings for Carter Bankshares are expected to grow by 52.38% in the coming year, from $1.26 to $1.92 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Carter Bankshares is 15.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.93.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Carter Bankshares is 15.09, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.99.

  • Price to Book Value per Share Ratio

    Carter Bankshares has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Carter Bankshares' valuation and earnings.
  • Percentage of Shares Shorted

    3.17% of the float of Carter Bankshares has been sold short.
  • Short Interest Ratio / Days to Cover

    Carter Bankshares has a short interest ratio ("days to cover") of 8.7.
  • Change versus previous month

    Short interest in Carter Bankshares has recently increased by 7.21%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Carter Bankshares does not currently pay a dividend.

  • Dividend Growth

    Carter Bankshares does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    3.17% of the float of Carter Bankshares has been sold short.
  • Short Interest Ratio / Days to Cover

    Carter Bankshares has a short interest ratio ("days to cover") of 8.7.
  • Change versus previous month

    Short interest in Carter Bankshares has recently increased by 7.21%, indicating that investor sentiment is decreasing significantly.
    • Insider Buying vs. Insider Selling

      In the past three months, Carter Bankshares insiders have sold 3,520.19% more of their company's stock than they have bought. Specifically, they have bought $3,294.00 in company stock and sold $119,249.00 in company stock.

    • Percentage Held by Insiders

      Only 1.86% of the stock of Carter Bankshares is held by insiders.

    • Percentage Held by Institutions

      41.48% of the stock of Carter Bankshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

    • Read more about Carter Bankshares' insider trading history.
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    CARE Stock News Headlines

    A grave, grave error.
    I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
    Carter Bankshares Announces Annual Meeting Results
    Carter Bankshares reports Q1 EPS 39c, consensus 28c
    See More Headlines

    CARE Stock Analysis - Frequently Asked Questions

    Carter Bankshares' stock was trading at $17.59 at the start of the year. Since then, CARE stock has increased by 3.0% and is now trading at $18.11.

    Carter Bankshares, Inc. (NASDAQ:CARE) issued its quarterly earnings results on Thursday, April, 24th. The company reported $0.32 EPS for the quarter, beating analysts' consensus estimates of $0.30 by $0.02. The company earned $37.22 million during the quarter, compared to analysts' expectations of $34.90 million. Carter Bankshares had a trailing twelve-month return on equity of 6.70% and a net margin of 11.20%.

    Shares of CARE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

    Based on aggregate information from My MarketBeat watchlists, some other companies that Carter Bankshares investors own include Advanced Micro Devices (AMD), Tesla (TSLA), NVIDIA (NVDA), Meta Platforms (META), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Home Depot (HD).

    Company Calendar

    Last Earnings
    4/24/2025
    Today
    7/09/2025
    Next Earnings (Estimated)
    7/24/2025
    Fiscal Year End
    12/31/2025

    Industry, Sector and Symbol

    Stock Exchange
    NASDAQ
    Sector
    Finance
    Industry
    BANKS - NORTHEAST
    Sub-Industry
    Banking
    Current Symbol
    NASDAQ:CARE
    CIK
    1829576
    Fax
    N/A
    Employees
    730
    Year Founded
    N/A

    Price Target and Rating

    High Price Target
    $22.00
    Low Price Target
    $21.00
    Potential Upside/Downside
    +19.5%
    Consensus Rating
    Buy
    Rating Score (0-4)
    3.00
    Research Coverage
    2 Analysts

    Profitability

    Trailing P/E Ratio
    14.99
    Forward P/E Ratio
    14.27
    P/E Growth
    N/A
    Net Income
    $24.27 million
    Pretax Margin
    14.08%

    Debt

    Sales & Book Value

    Annual Sales
    $243.10 million
    Cash Flow
    $1.53 per share
    Price / Cash Flow
    11.75
    Book Value
    $16.66 per share
    Price / Book
    1.08

    Miscellaneous

    Free Float
    22,730,000
    Market Cap
    $416.53 million
    Optionable
    Optionable
    Beta
    0.77
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    This page (NASDAQ:CARE) was last updated on 7/9/2025 by MarketBeat.com Staff
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