NASDAQ:CARO Carolina Financial (CARO) Stock Forecast, Price & News Notice: This company has been marked as potentially delisted and may not be actively trading. Add Compare Share Share Today's Range$32.50▼$33.7950-Day Range$29.36▼$35.0952-Week Range$20.72▼$43.85Volume691,192 shsAverage Volume178,226 shsMarket Capitalization$816.28 millionP/E Ratio11.74Dividend Yield1.22%Price TargetN/A ProfileProfileFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media About Carolina Financial (NASDAQ:CARO) StockCarolina Financial Corporation operates as a holding company for CresCom Bank that provides a range of commercial and retail banking financial services in South Carolina and North Carolina. The company operates through three segments: Community Banking, Wholesale Mortgage Banking, and Other. It offers noninterest-bearing demand accounts, interest-bearing demand and savings accounts, money market accounts, time deposits, and certificates of deposit. The company also provides commercial and residential real estate mortgage loans, real estate construction loans, commercial and industrial loans, commercial leases, and consumer loans to individuals, small to medium-sized businesses, and professional firms. In addition, it offers mortgage banking services comprising orrespondent/wholesale mortgage and loan servicing. The company operates through a network of 61 full service branches and 2 loan production offices located in South and North Carolina. Carolina Financial Corporation was incorporated in 1996 and is based in Charleston, South Carolina.Read More CARO Stock News HeadlinesOctober 4, 2023 | msn.comNorth Carolina’s Rep. Patrick McHenry ‘doesn’t give up.’ But will he remain in speaker role?October 4, 2023 | msn.comRep. Patrick McHenry of North Carolina is the leader of the House for now. Who is the speaker pro tempore?October 4, 2023 | Oxford Club (Ad)AI Stock Caught Trading Under Secret NameWe have uncovered perhaps the most unusual AI stock we've ever seen.It's expected to see massive revenue this year - $215 billion. The company holds over 29,000 patents in the U.S. It pays an enormous dividend.October 4, 2023 | nypost.comBetMGM North Carolina Bonus Code | October 2023October 3, 2023 | msn.comA look at South Carolina hunting dog protection laws after Sumter County man's dog shot, killedOctober 3, 2023 | markets.businessinsider.comUpdated Report Card on Financial Literacy Reveals America Still Has Work to Do in the ClassroomOctober 3, 2023 | msn.comDallas Design District property sells to North Carolina investorOctober 3, 2023 | msn.comRising Treasury yields are upsetting financial markets. Here’s why.October 4, 2023 | Oxford Club (Ad)AI Stock Caught Trading Under Secret NameWe have uncovered perhaps the most unusual AI stock we've ever seen.It's expected to see massive revenue this year - $215 billion. The company holds over 29,000 patents in the U.S. It pays an enormous dividend.October 3, 2023 | finance.yahoo.comCoastal Credit Union Renews Partnership with CUSO Financial ServicesOctober 3, 2023 | msn.comExtreme weather could cause insurance rates across North Carolina to spikeOctober 2, 2023 | msn.comTim Scott’s team to donors: Ignore the polls — and bank on South CarolinaOctober 2, 2023 | bizjournals.comMiami private equity firm's insurance division sells North Carolina companyOctober 2, 2023 | msn.comDefiant Trump defends ‘phenomenal’ financial statements despite fraud liability ruling before civil trial - liveOctober 2, 2023 | finance.yahoo.comSECU Foundation Launches New Disaster Response Pilot to Assist North Carolina Non-ProfitsSeptember 30, 2023 | msn.comWhat Do I Need to Qualify For Certified Financial Planner Scholarships?September 29, 2023 | forbes.comMinnesota Vikings vs. Carolina Panthers: Week 4 Odds, Lines, Picks & Best BetsSeptember 29, 2023 | benzinga.comDuke Energy Progress receives approval for new rates in North Carolina, implements new programs to help customersSeptember 28, 2023 | msn.comJackpot for education: North Carolina lottery hits billion-dollar milestone for schoolsSeptember 28, 2023 | forbes.comHow To Get A Business License In North Carolina (2023)September 28, 2023 | msn.comSouth Carolina WBB exhibition game to honor Nikki McCray-Penson. 3 things to knowSeptember 27, 2023 | msn.comPeople who live in this county earn the least money in North Carolina, according to dataSeptember 27, 2023 | usatoday.comRutgers, South Carolina women's hoops teams to play exhibition to honor late Nikki McCray-PensonSeptember 27, 2023 | sports.yahoo.comSouth Carolina, Dawn Staley to honor Nikki McCray-Penson in exhibition game vs RutgersSeptember 27, 2023 | msn.comPeople who live in this county earn the least money in South Carolina, according to dataSeptember 27, 2023 | finance.yahoo.comApiture Recognized Among North Carolina’s “Great Tech Places to Work” in 2023 NC TECH AwardsSeptember 26, 2023 | bizjournals.comRetailers see financial losses surge to $112B as organized crime spreadsSee More Headlines Receive CARO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Carolina Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address CARO Company Calendar Last Earnings10/25/2019Today10/04/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State Commercial Banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:CARO CUSIPN/A CIK870385 Webwww.haveanicebank.com Phone843-723-7700FaxN/AEmployees735Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$2.94 Trailing P/E Ratio11.74 Forward P/E Ratio12.45 P/E GrowthN/ANet Income$62.74 million Net Margins27.98% Pretax MarginN/A Return on Equity10.49% Return on Assets1.63% Debt Debt-to-Equity Ratio0.10 Current Ratio0.87 Quick Ratio0.86 Sales & Book Value Annual Sales$224.23 million Price / Sales3.64 Cash Flow$3.37 per share Price / Cash Flow9.76 Book Value$29.97 per share Price / Book1.10Miscellaneous Outstanding Shares24,826,000Free FloatN/AMarket Cap$816.28 million OptionableNot Optionable Beta1.40 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Jerold L. Rexroad CPA (Age 59)CPA, Pres, CEO & Director Mr. William A. Gehman III (Age 58)Exec. VP & CFO Mr. David L. Morrow (Age 69)Exec. VP & Director Mr. Melton J. Huggins III (Age 56)Exec. VP & Sec. Key CompetitorsByline BancorpNYSE:BYRepublic BancorpNASDAQ:RBCAALakeland BancorpNASDAQ:LBAIQCRNASDAQ:QCRHGerman American BancorpNASDAQ:GABCView All Competitors CARO Stock - Frequently Asked Questions How were Carolina Financial's earnings last quarter? 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, topping the consensus estimate of $0.73 by $0.05. The financial services provider had revenue of $48.90 million for the quarter, compared to the consensus estimate of $46.60 million. Carolina Financial had a net margin of 27.98% and a trailing twelve-month return on equity of 10.49%. Is Carolina Financial a good dividend stock? Carolina Financial (NASDAQ:CARO) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.22%. The dividend payout ratio is 13.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CARO will have a dividend payout ratio of 14.76% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CARO. What other stocks do shareholders of Carolina Financial own? Based on aggregate information from My MarketBeat watchlists, some companies that other Carolina Financial investors own include Exxon Mobil (XOM), Eastman Chemical (EMN), Huntington Bancshares (HBAN), QUALCOMM (QCOM), WestRock (WRK), AbbVie (ABBV), Dominion Energy (D), Walt Disney (DIS), Enbridge (ENB) and Enterprise Products Partners (EPD). What is Carolina Financial's stock symbol? Carolina Financial trades on the NASDAQ under the ticker symbol "CARO." What is Carolina Financial's stock price today? One share of CARO stock can currently be purchased for approximately $32.88. How much money does Carolina Financial make? Carolina Financial (NASDAQ:CARO) has a market capitalization of $816.28 million and generates $224.23 million in revenue each year. The financial services provider earns $62.74 million in net income (profit) each year or $2.94 on an earnings per share basis. How many employees does Carolina Financial have? The company employs 735 workers across the globe. How can I contact Carolina Financial? Carolina Financial's mailing address is 288 MEETING STREET, CHARLESTON SC, 29401. The official website for the company is www.haveanicebank.com. The financial services provider can be reached via phone at 843-723-7700 or via email at bgehman@haveanicebank.com. This page (NASDAQ:CARO) was last updated on 10/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Carolina Financial Corp Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.