Carolina Financial Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carolina Financial in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Carolina Financial stock.
View analyst ratings for Carolina Financial or view top-rated stocks.

Wall Street analysts have given Carolina Financial a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Carolina Financial wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Carolina Financial Corp (NASDAQ:CARO) announced its earnings results on Friday, October, 25th. The financial services provider reported $0.78 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.73 by $0.05. The financial services provider had revenue of $48.90 million for the quarter, compared to analysts' expectations of $46.60 million. Carolina Financial had a net margin of 27.98% and a trailing twelve-month return on equity of 10.49%.
View Carolina Financial's earnings history.

Carolina Financial pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.22%. The dividend payout ratio of Carolina Financial is 13.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Carolina Financial will have a dividend payout ratio of 14.76% next year. This indicates that Carolina Financial will be able to sustain or increase its dividend.
View Carolina Financial's dividend history.

1 Wall Street analysts have issued 1-year target prices for Carolina Financial's stock. Their forecasts range from $31.65 to $31.65. On average, they expect Carolina Financial's share price to reach $31.65 in the next twelve months. This suggests that the stock has a possible downside of 3.7%.
View analysts' price targets for Carolina Financial or view top-rated stocks among Wall Street analysts.

Some companies that are related to Carolina Financial include Independent Bank Group (IBTX), International Bancshares (IBOC), CVB Financial (CVBF), Atlantic Union Bankshares (AUB), First Interstate BancSystem (FIBK), United Community Banks (UCBI), Independent Bank (INDB), ServisFirst Bancshares (SFBS), Hilltop (HTH), First BanCorp. (FBP), Silvergate Capital (SI), Renasant (RNST), TowneBank (TOWN), Live Oak Bancshares (LOB) and Heartland Financial USA (HTLF).
View all of CARO's competitors.

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), The Walt Disney (DIS), Enbridge (ENB) and Enterprise Products Partners (EPD).

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

One share of CARO stock can currently be purchased for approximately $32.88.

Carolina Financial 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.

Carolina Financial employs 735 workers across the globe.

The official website for Carolina Financial is www.haveanicebank.com.

Carolina Financial is headquartered at 288 MEETING STREET, CHARLESTON SC, 29401.

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]