Carolina Financial Corp. Company Profile (NASDAQ:CARO)

About Carolina Financial Corp.

Carolina Financial Corp. logoCarolina Financial Corporation is a bank holding company. The Company operates through CresCom Bank, a South Carolina state-chartered bank (the Bank). The Company operates through three segments: community banking, wholesale mortgage banking (mortgage banking) and other. The Company's community banking segment provides traditional banking services offered through CresCom Bank. The mortgage banking segment provides wholesale mortgage loan origination and servicing offered through Crescent Mortgage Company. The other segment provides managerial and operational support to the other business segments through Carolina Services and Carolina Financial. CresCom Bank provides a range of commercial and retail banking financial services to meet the financial needs of its customers through its branch network in South Carolina and North Carolina. It provides commercial and residential real estate mortgage loans, real estate construction loans, commercial and industrial loans, and consumer loans.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Mid-Atlantic Banks
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: CARO
  • CUSIP:
Key Metrics:
  • Previous Close: $23.74
  • 50 Day Moving Average: $22.26
  • 200 Day Moving Average: $19.72
  • 52-Week Range: $14.50 - $23.98
  • Trailing P/E Ratio: 18.71
  • Foreward P/E Ratio: 15.83
  • P/E Growth: 0.00
  • Market Cap: $292.62M
  • Outstanding Shares: 12,326,000
  • Beta: 0.37
  • Net Margins: 18.66%
  • Return on Equity: 12.58%
  • Return on Assets: 1.23%
  • Debt-to-Equity Ratio: 0.44%
  • Current Ratio: 0.83%
  • Quick Ratio: 0.81%
Additional Links:
Companies Related to Carolina Financial Corp.:

Analyst Ratings

Consensus Ratings for Carolina Financial Corp. (NASDAQ:CARO) (?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $21.75 (8.38% downside)

Analysts' Ratings History for Carolina Financial Corp. (NASDAQ:CARO)
DateFirmActionRatingPrice TargetDetails
9/14/2016Sandler O'NeillInitiated CoverageHoldView Rating Details
9/9/2016StephensInitiated CoverageEqual Weight$22.50View Rating Details
4/7/2016Raymond James Financial Inc.DowngradeStrong-Buy -> OutperformView Rating Details
7/21/2015Keefe, Bruyette & WoodsBoost Price TargetOutperform$18.00 -> $19.00View Rating Details
(Data available from 10/21/2014 forward)


Earnings History for Carolina Financial Corp. (NASDAQ:CARO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/19/2016Q316$0.38$0.47$18.32 millionViewN/AView Earnings Details
7/29/2016Q216$0.36$0.24$19.44 millionViewN/AView Earnings Details
4/22/2016$0.28$0.30ViewN/AView Earnings Details
1/22/2016Q415$0.35$0.36ViewN/AView Earnings Details
10/21/2015$0.38$0.40ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Carolina Financial Corp. (NASDAQ:CARO)
Current Year EPS Consensus Estimate: $1.4 EPS
Next Year EPS Consensus Estimate: $1.5 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.30$0.30$0.30
Q2 20161$0.32$0.32$0.32
Q3 20161$0.33$0.33$0.33
Q4 20161$0.33$0.33$0.33
(Data provided by Zacks Investment Research)


Current Dividend Information for Carolina Financial Corp. (NASDAQ:CARO)
Annual Dividend:$0.12
Dividend Yield:0.51%
Payout Ratio:8.82% (Based on Trailing 12 Months of Earnings)
8.57% (Based on Current Year Consensus EPS Estimate)
8.00% (Based on Next Year Consensus EPS Estimate)

Dividend History for Carolina Financial Corp. (NASDAQ:CARO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Carolina Financial Corp. (NASDAQ:CARO)
Insider Ownership Percentage: 15.50%
Institutional Ownership Percentage: 25.75%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/10/2016Michael P LeddyDirectorSell10,000$20.19$201,900.00View SEC Filing  
6/16/2016Daniel H Isaac JrDirectorBuy11,400$17.59$200,526.00View SEC Filing  
2/12/2016Jeffery L. DealDirectorSell500$15.85$7,925.00View SEC Filing  
2/11/2016Jeffery L. DealDirectorSell1,500$15.59$23,385.00View SEC Filing  
1/21/2016William A. Gehman IIICFOSell285$16.31$4,648.35View SEC Filing  
1/20/2016M. J. Huggins IIIEVPSell305$16.56$5,050.80View SEC Filing  
11/5/2015Michael P LeddyDirectorSell20,397$14.80$301,875.60View SEC Filing  
5/22/2015Thompson E PenneyDirectorBuy1,800$13.99$25,182.00View SEC Filing  
5/18/2015William A Gehman IIICFOBuy2,638$14.17$37,380.46View SEC Filing  
4/30/2015Jeffery L DealDirectorBuy1,000$14.10$14,100.00View SEC Filing  
8/25/2014Benedict P RosenDirectorBuy1,115$25.00$27,875.00View SEC Filing  
8/21/2014W. Scott BrandonDirectorBuy1,685$25.00$42,125.00View SEC Filing  
8/18/2014W. Scott BrandonDirectorBuy2,300$24.72$56,856.00View SEC Filing  
8/15/2014William A Gehman IIICFOBuy1,000$25.50$25,500.00View SEC Filing  
8/11/2014W. Scott BrandonDirectorBuy4,338$24.89$107,972.82View SEC Filing  
5/1/2014Jerry L RexroadCEOBuy1,500$20.35$30,525.00View SEC Filing  
4/28/2014William A Gehman IIICFOBuy5,500$20.48$112,640.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Carolina Financial Corp. (NASDAQ:CARO)
DateHeadline logoCapital Bank Financial Corp. Reports Third Quarter EPS of $0.42, Up 27% Year Over Year, and Increases Dividend 20% to $0.12 Per Share (NASDAQ:CARO) - October 20 at 8:53 AM logoBRIEF-Carolina financial Q3 operating earnings per share $0.47 (NASDAQ:CARO) - October 20 at 8:53 AM
News IconYadkin Financial Corp. (YDKN) Issues Earnings Results (NASDAQ:CARO) - October 20 at 8:53 AM logoCarolina Financial posts 3Q profit (NASDAQ:CARO) - October 20 at 8:53 AM logoCarolina Financial Corporation Reports Results for Third Quarter of 2016 (NASDAQ:CARO) - October 20 at 8:53 AM logoYadkin Financial : began considering selling months before closing NewBridge deal (NASDAQ:CARO) - October 19 at 8:57 AM logoQ3 2016 Carolina Financial Corp Earnings Release - After Market Close (NASDAQ:CARO) - October 19 at 8:57 AM logoCresCom Bank Launches CresCom Financial Services Through a Partnership with LPL Financial (NASDAQ:CARO) - October 17 at 8:56 AM logoThe List: Largest Triad Community Banks (NASDAQ:CARO) - October 14 at 3:59 PM logoCapital Bank Financial Corp. (NASDAQ:CBF) Files An 8-K (NASDAQ:CARO) - October 13 at 3:57 PM logoWells Fargo, Wachovia, And The Fed (NASDAQ:CARO) - October 12 at 4:19 PM
News IconFirst National Financial Corp (FN) Price Target Cut to C$27.00 (NASDAQ:CARO) - October 12 at 4:19 PM logoNearly a year later, Capital Bank and CommunityOne receive regulatory approval for merger (NASDAQ:CARO) - October 12 at 4:19 PM logoStrayhorn named to Carolina Trust Bank board (NASDAQ:CARO) - October 11 at 4:12 PM
News IconAcropolis Investment Management buys $1533697 stake in Capital One Financial Corp. (COF) (NASDAQ:CARO) - October 8 at 3:55 PM
News IconStreet Target Update on Capital One Financial Corporation (NYSE:COF) (NASDAQ:CARO) - October 8 at 3:55 PM
News IconMVB Financial Corp (NASDAQ:CARO) - October 8 at 3:55 PM
News IconRaleigh-based VisionQuest Capital raises $11M, wants $3M more (NASDAQ:CARO) - October 7 at 8:58 AM
News IconBroker Roundup For Capital Bank Financial Corp. (NASDAQ:CBF) (NASDAQ:CARO) - October 4 at 4:01 PM logoCarolina Financial Corporation to Announce Third Quarter 2016 Financial Results and Host Conference Call (NASDAQ:CARO) - October 4 at 4:00 PM logoCarolina Financial Corporation to Announce Q3 2016 Financial Results and Host Conference Call (NASDAQ:CARO) - October 4 at 4:00 PM
News IconLatest Analyst Reports On Capital Bank Financial Corp (NASDAQ:CARO) - September 29 at 3:36 PM logoBANK OF SC CORPORATION : ex-dividend day (NASDAQ:CARO) - September 29 at 3:36 PM logoReminder - Carolina Financial (CARO) Goes Ex-Dividend Soon (NASDAQ:CARO) - September 23 at 3:30 PM logoFive things to know today, and a new restaurant in Sewickley (NASDAQ:CARO) - September 23 at 9:13 AM logoCharlotte, N.C. in state of emergency after second night of violence (NASDAQ:CARO) - September 22 at 9:44 AM
News IconEPS Predictions Review: Capital One Financial Corporation (NYSE:COF) (NASDAQ:CARO) - September 21 at 4:45 PM logoETF’s with exposure to Carolina Financial Corp. : September 19, 2016 (NASDAQ:CARO) - September 19 at 4:53 PM
News IconBlue Cross pays the price (NASDAQ:CARO) - September 19 at 8:50 AM
News IconNorth Carolina levies record fine against BCBS over IT fiasco (NASDAQ:CARO) - September 19 at 8:50 AM logoCarolina Premier Bank adds director of SBA lending position (NASDAQ:CARO) - September 18 at 8:47 AM
News IconCEO scammed South Carolina of $1.2 million in economic development funds, feds allege (NASDAQ:CARO) - September 15 at 9:33 PM logoCresCom Bank’s Meeting Street Branch Welcomes Steve Majewski as Vice President and Commercial Loan O (NASDAQ:CARO) - September 15 at 12:35 PM
News IconCapital One Financial Corp. (COF) Upgraded by Citigroup Inc. to Neutral (NASDAQ:CARO) - September 14 at 4:04 PM logoBuyer Beware: Liberty Property Trust's Dividend Is At Risk (NASDAQ:CARO) - September 14 at 8:18 AM
News IconCS Carolina Expands Its Burlington, North Carolina, Manufacturing Center (NASDAQ:CARO) - September 14 at 8:18 AM
News IconSouth Carolina utility to build solar farm in Jasper County (NASDAQ:CARO) - September 14 at 8:18 AM logoCarolina Financial : CresCom Bank’s Southport Branch Welcomes Ronald Barnes as Newest Mortgage Loan Originator (NASDAQ:CARO) - September 14 at 8:18 AM logoCresCom Bank’s Southport Branch Welcomes Ronald Barnes as Newest Mortgage Loan Originator (NASDAQ:CARO) - September 14 at 8:18 AM
News IconDoes "shadow insurance" lead to dangerous debt deals? (NASDAQ:CARO) - September 13 at 8:55 AM
News IconDavid Worrell of Fuse Financial Elected to Carolinas Virginia Business Brokers Association (NASDAQ:CARO) - September 9 at 3:59 PM
News IconSouth Carolina banks on whole earning less in 2016 (NASDAQ:CARO) - September 4 at 3:51 PM
News IconZIM Announces Postponement of Furnishment of Second Quarter of 2016 Financial Statements. South Carolina SC (NASDAQ:CARO) - September 1 at 4:01 PM logoDigital Turbine replaces CFO with ex-Dell executive (NASDAQ:CARO) - September 1 at 12:32 PM
News IconNetDragon Announces 2016 Second Quarter and Interim Financial Results. South Carolina SC (NASDAQ:CARO) - August 31 at 8:52 AM
News IconYokohama Tire Corporation Selects North Carolina for Technical Development Center, Creating 56 Jobs (NASDAQ:CARO) - August 30 at 11:55 AM
News IconKongZhong Corporation Reports Second Quarter 2016 Unaudited Monetary Outcomes. South Carolina SC (NASDAQ:CARO) - August 30 at 11:55 AM
News IconCardinal Financial Launches New Brand (NASDAQ:CARO) - August 27 at 9:06 AM
News IconYadkin’s buyer sets its N.C. banking team (NASDAQ:CARO) - August 26 at 12:09 PM
News IconSouth Carolina Aerospace industry trends toward sustainable growth (NASDAQ:CARO) - August 25 at 9:30 PM


Carolina Financial Corp. (NASDAQ:CARO) Chart for Friday, October, 21, 2016

Last Updated on 10/21/2016 by Staff