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: $21.07
  • 50 Day Moving Average: $19.64
  • 200 Day Moving Average: $18.22
  • Trailing P/E Ratio: 16.60
  • Foreward P/E Ratio: 13.86
  • P/E Growth: 0.00
  • Market Cap: $259.71M
  • Outstanding Shares: 12,326,000
  • Beta: 0.4
Additional Links:
Companies Related to Carolina Financial Corp.:

Analyst Ratings

Consensus Ratings for Carolina Financial Corp. (NASDAQ:CARO) (?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $21.00 (0.33% downside)

Analysts' Ratings History for Carolina Financial Corp. (NASDAQ:CARO)
DateFirmActionRatingPrice TargetDetails
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 8/23/2014 forward)


Earnings History for Carolina Financial Corp. (NASDAQ:CARO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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: $1.40 EPS
Next Year EPS Consensus Estimate: $1.52 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:0.57%
Payout Ratio:9.30% (Based on Trailing 12 Months of Earnings)
8.57% (Based on Current Year Consensus EPS Estimate)
7.89% (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)
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 logoCresCom Bank Secures Top Honor From Bauer Financial With Five-Star Bank Ranking (NASDAQ:CARO) - August 23 at 9:18 PM logoCresCom Bank’s Litchfield’s Branch Welcomes Jackie Black as Branch Manager/Banking Officer (NASDAQ:CARO) - August 23 at 4:11 PM logoCresCom Bank Welcomes Jenson Kanavos as a Mortgage Loan Originator for Wilmington Market (NASDAQ:CARO) - August 23 at 4:11 PM
News IconTuniu Announces Unaudited Second Quarter 2016 Monetary Outcomes. South Carolina SC (NASDAQ:CARO) - August 23 at 8:13 AM logoCAROLINA FINANCIAL CORP : Other Events (form 8-K) (NASDAQ:CARO) - August 23 at 8:13 AM logoCAROLINA FINANCIAL CORP Files SEC form 8-K, Other Events (NASDAQ:CARO) - August 23 at 8:13 AM logoMoleculin Appoints New Chief Financial Officer (NASDAQ:CARO) - August 22 at 8:51 AM logoBlue Bridge Financial Named to Business First Fast Track Awards for Second Consecutive Year (NASDAQ:CARO) - August 22 at 8:51 AM
News IconChina Finance Online Announces Settlement of Shareholder Lawsuit. South Carolina SC (NASDAQ:CARO) - August 22 at 8:51 AM
News IconSTATE OF SOUTH CAROLINA IN THE... (NASDAQ:CARO) - August 19 at 11:36 AM
News IconDEQ Appoints Libby Lamm as Chief Financial Officer and Treasurer. South Carolina SC (NASDAQ:CARO) - August 19 at 11:36 AM logoCresCom Bank’s Cayce Branch Welcomes Elizabeth Dunham as Branch Manager/Assistant Vice President (NASDAQ:CARO) - August 19 at 11:36 AM logoETF’s with exposure to Carolina Financial Corp. : August 18, 2016 (NASDAQ:CARO) - August 18 at 8:44 PM logoLowe’s profit misses estimates despite revenue boost from Rona acquisition (NASDAQ:CARO) - August 17 at 4:10 PM logoUnited Bankshares Said in Talks to Buy Cardinal Financial (1) (NASDAQ:CARO) - August 17 at 4:10 PM
News IconDowntown Charleston office building sells for almost $12 million (NASDAQ:CARO) - August 17 at 4:10 PM logoCAROLINA FINANCIAL CORP Financials (NASDAQ:CARO) - August 17 at 4:10 PM
News IconAmeriTech Financial Launches and South Carolina SC (NASDAQ:CARO) - August 17 at 12:17 PM
News IconEphrata National opens in Morgantown (NASDAQ:CARO) - August 17 at 12:17 PM logoUnited Bankshares Said in Talks to Buy Cardinal Financial (NASDAQ:CARO) - August 17 at 12:17 PM logoC&F Financial Corporation Declares Quarterly Dividend (NASDAQ:CARO) - August 17 at 12:17 PM logoU.S. Supreme Court stance on N. Carolina law to send signal on voting limits (NASDAQ:CARO) - August 16 at 9:20 PM logoHarvard Sold 40 Stocks as Endowment Equities Team Was Shuttered (NASDAQ:CARO) - August 15 at 9:41 PM
News IconCarolina Alliance Bank reports first half gains (NASDAQ:CARO) - August 15 at 4:12 PM
News IconCharleston’s CresCom Bank owner reports decline in earnings (NASDAQ:CARO) - August 15 at 4:12 PM
News Limited Announces Financial Results For the Second Quarter of 2016. South Carolina SC (NASDAQ:CARO) - August 15 at 11:20 AM logoForm 8-K Oconee Federal Financial For: Aug 12 (NASDAQ:CARO) - August 13 at 12:01 PM logoOconee Federal Financial Corp. Announces Three Month and Year Ended Financial Results (NASDAQ:CARO) - August 12 at 12:42 PM logo10-Q: PARAGON COMMERCIAL CORP (NASDAQ:CARO) - August 11 at 4:09 PM logoDeloitte Corporate Finance LLC Advises S&D Coffee, Inc. on Its Sale to Cott Corporation (NASDAQ:CARO) - August 11 at 4:09 PM
News IconPeppa Pig owner Entertainment One to reject ITV offer. South Carolina SC (NASDAQ:CARO) - August 10 at 3:32 PM logoBrexit Bounce a Disaster for Bears as S&P 500 Slips From Record (NASDAQ:CARO) - August 10 at 3:32 PM logoCAROLINA FINANCIAL CORP Files SEC form 10-Q, Quarterly Report (NASDAQ:CARO) - August 9 at 12:59 PM
News IconCarolina Alliance reports earnings increase (NASDAQ:CARO) - August 8 at 9:29 PM
News IconCSS Corp Appoints Manish Tandon as its New CEO, to be Based in the US. South Carolina SC (NASDAQ:CARO) - August 7 at 8:39 AM
News IconCarolina Alliance Bank’s earnings more than doubled during second quarter (NASDAQ:CARO) - August 6 at 4:31 PM
News IconCarolina Alliance Reports its Second Quarter 2016 Results (NASDAQ:CARO) - August 5 at 12:28 PM logoCarolina Financial Corp. :CARO-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NASDAQ:CARO) - August 5 at 12:28 PM
News IconDynasil Corporation Schedules Fiscal 2016 3rd Quarter Monetary Outcomes Conference Call. South Carolina SC (NASDAQ:CARO) - August 4 at 9:47 PM
News IconMetaCommunications Names Creative Industry Exec Scott Kokotan As Chief Financial Officer. South Carolina SC (NASDAQ:CARO) - August 3 at 9:45 PM logoCarolina Financial Corporation: CresCom Bank Announces New Team Members (NASDAQ:CARO) - August 3 at 9:45 PM logoCresCom Bank Announces New Team Members (NASDAQ:CARO) - August 3 at 9:45 PM logoIs Carolina Financial (CARO) Stock a Solid Choice Right Now? (NASDAQ:CARO) - August 3 at 12:44 PM logoUnited Insurance Holdings Corp. Reports Financial Results for Its Second ... (NASDAQ:CARO) - August 2 at 9:42 PM
News IconFNB to North Carolina: Good move, or not-so-subtle message? (NASDAQ:CARO) - August 2 at 4:10 PM
News IconCompany Execs Stand Up Against North Carolina’s Anti-Transgender Law (NASDAQ:CARO) - August 2 at 4:10 PM logoSpin Master Corp to buy pool toy company Swimways Corp, moves into outdoor toy segment (NASDAQ:CARO) - August 2 at 4:10 PM logoCarolina Financial Corporation: Carolina Financial Corporation Reports Results for Second Quarter of 2016 (NASDAQ:CARO) - July 30 at 1:29 PM logoEdited Transcript of CARO earnings conference call or presentation 29-Jul-16 6:00pm GMT (NASDAQ:CARO) - July 30 at 12:04 AM logoAB&T Financial Corporation Announces Second Quarter 2016 Results (NASDAQ:CARO) - July 29 at 4:06 PM


Carolina Financial Corp. (NASDAQ:CARO) Chart for Tuesday, August, 23, 2016

Last Updated on 8/23/2016 by Staff