NASDAQ:CARO - Carolina Financial Stock Price, Forecast & News

Carolina Financial trades on the NASDAQ under the ticker symbol "CARO."

Carolina Financial declared a quarterly dividend on Wednesday, October 23rd. Shareholders of record on Friday, December 13th will be paid a dividend of $0.10 per share on Friday, January 3rd. This represents a $0.40 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date of this dividend is Thursday, December 12th. View Carolina Financial's Dividend History.

Carolina Financial Corp (NASDAQ:CARO) issued its quarterly earnings data on Friday, October, 25th. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.73 by $0.05. The financial services provider earned $48.90 million during the quarter, compared to analyst estimates of $46.60 million. Carolina Financial had a return on equity of 11.13% and a net margin of 28.30%. View Carolina Financial's Earnings History.

Carolina Financial is scheduled to release their next quarterly earnings announcement on Friday, January 31st 2020. View Earnings Estimates for Carolina Financial.

5 brokers have issued 12-month price objectives for Carolina Financial's shares. Their forecasts range from $38.00 to $44.65. On average, they expect Carolina Financial's stock price to reach $40.13 in the next year. This suggests that the stock has a possible downside of 5.8%. View Analyst Price Targets for Carolina Financial.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carolina Financial in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Carolina Financial.

Press coverage about CARO stock has been trending very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Carolina Financial earned a news impact score of -3.8 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Carolina Financial.

Carolina Financial saw a decline in short interest in the month of December. As of December 13th, there was short interest totalling 651,800 shares, a decline of 9.1% from the November 28th total of 716,700 shares. Based on an average trading volume of 120,900 shares, the short-interest ratio is currently 5.4 days. Approximately 3.1% of the company's stock are sold short. View Carolina Financial's Current Options Chain.

Some companies that are related to Carolina Financial include Bank of Hawaii (BOH), First Hawaiian (FHB), Home Bancshares (HOMB), Associated Banc (ASB), Bancorpsouth Bank (BXS), Investors Bancorp (ISBC), Cathay General Bancorp (CATY), CVB Financial (CVBF), Ameris Bancorp (ABCB), South State (SSB), Columbia Banking System (COLB), International Bancshares (IBOC), Independent Bank (INDB), Texas Capital Bancshares (TCBI) and First Interstate Bancsystem (FIBK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Carolina Financial investors own include PepsiCo (PEP), Andersons (ANDE), Dropbox (DBX), Petmed Express (PETS), QUALCOMM (QCOM), Chewy (CHWY), Walt Disney (DIS), Dicks Sporting Goods (DKS), Domino's Pizza (DPZ) and Freeport-McMoRan (FCX).

Carolina Financial's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Tributary Capital Management LLC (2.20%), Assenagon Asset Management S.A. (0.34%), First National Bank of Omaha (0.14%), Nachman Norwood & Parrott Inc (0.05%) and Alpine Global Management LLC (0.03%). Company insiders that own Carolina Financial stock include Daniel H Isaac Jr, David L Morrow, Fowler C Williams, Ian T Clark, Jeffery L Deal, Jerry L Rexroad, M J Huggins III, Michael P Leddy, Robert M Moise, W Scott Brandon and William A Gehman III. View Institutional Ownership Trends for Carolina Financial.

CARO stock was sold by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC. Company insiders that have sold Carolina Financial company stock in the last year include David L Morrow, Ian T Clark, Jeffery L Deal, M J Huggins III, Michael P Leddy, Robert M Moise and W Scott Brandon. View Insider Buying and Selling for Carolina Financial.

CARO stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Alpine Global Management LLC, Nachman Norwood & Parrott Inc and First National Bank of Omaha. View Insider Buying and Selling for Carolina Financial.

Shares of CARO 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.

One share of CARO stock can currently be purchased for approximately $42.62.

Carolina Financial has a market capitalization of $948.30 million and generates $200.95 million in revenue each year. The financial services provider earns $49.67 million in net income (profit) each year or $2.86 on an earnings per share basis. Carolina Financial employs 735 workers across the globe.View Additional Information About Carolina Financial.

The official website for Carolina Financial is http://www.haveanicebank.com/.

Carolina Financial's mailing address is 288 MEETING STREET, CHARLESTON SC, 29401. The financial services provider can be reached via phone at 843-723-7700 or via email at [email protected]