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NASDAQ:CARO

Carolina Financial Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
Add
Compare
Today's Range
$32.50
$33.79
50-Day Range
$29.36
$35.09
52-Week Range
$20.72
$43.85
Volume
691,192 shs
Average Volume
178,226 shs
Market Capitalization
$816.28 million
P/E Ratio
11.74
Dividend Yield
1.22%
Price Target
N/A

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CARO Stock Forecast (MarketRank)

Overall MarketRank

1.87 out of 5 stars

Finance Sector

865th out of 1,394 stocks

State Commercial Banks Industry

198th out of 243 stocks

Analyst Opinion: 0.0Community Rank: 4.1Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -
Carolina Financial logo

About Carolina Financial (NASDAQ:CARO)

Carolina 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.

CARO Stock News Headlines

See More Headlines

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:CARO
Fax
N/A
Employees
735
Year Founded
N/A

Company Calendar

Last Earnings
10/25/2019
Today
6/28/2022

Profitability

Net Income
$62.74 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$224.23 million
Cash Flow
$3.37 per share
Book Value
$29.97 per share

Miscellaneous

Free Float
N/A
Market Cap
$816.28 million
Optionable
Not Optionable
Beta
1.40














Carolina Financial Frequently Asked Questions

How were Carolina Financial's earnings last quarter?

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

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 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.

Who are Carolina Financial's key executives?

Carolina Financial's management team includes the following people:
  • Mr. Jerold L. Rexroad CPA, CPA, Pres, CEO & Director (Age 59)
  • Mr. William A. Gehman III, Exec. VP & CFO (Age 58)
  • Mr. David L. Morrow, Exec. VP & Director (Age 69)
  • Mr. Melton J. Huggins III, Exec. VP & Sec. (Age 56)

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?

Carolina Financial 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 Carolina Financial is www.haveanicebank.com. The financial services provider can be reached via phone at 843-723-7700 or via email at [email protected].

This page (NASDAQ:CARO) was last updated on 6/28/2022 by MarketBeat.com Staff

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