NASDAQ:CARO Carolina Financial Stock Forecast, Price & News Notice: This company has been marked as potentially delisted and may not be actively trading. Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Add Compare 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 ProfileDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media 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 Stock Forecast (MarketRank)Overall MarketRank™1.87 out of 5 starsFinance Sector865th out of 1,394 stocksState Commercial Banks Industry198th out of 243 stocksAnalyst Opinion: 0.0Community Rank: 4.1Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 - 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for Carolina Financial. Previous Next 4.1 Community Rank Outperform VotesCarolina Financial has received 272 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCarolina Financial has received 170 “underperform” votes. (Add your “underperform” vote.)Community SentimentCarolina Financial has received 61.54% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Carolina Financial and other stocks. Vote “Outperform” if you believe CARO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CARO will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend YieldCarolina Financial pays a meaningful dividend of 1.22%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCarolina Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Carolina Financial is 13.61%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased 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. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Carolina Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 6.89% of the stock of Carolina Financial is held by insiders.Percentage Held by Institutions53.88% of the stock of Carolina Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Carolina Financial are expected to grow by 2.65% in the coming year, from $2.64 to $2.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Carolina Financial is 11.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 19.94.Price to Earnings Ratio vs. SectorThe P/E ratio of Carolina Financial is 11.74, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 27.92.Price to Book Value per Share RatioCarolina Financial has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More CARO Stock News HeadlinesJune 28, 2022 | nasdaq.comUMB Financial (UMBF) to Buy Old National's HSA BusinessJune 28, 2022 | finance.yahoo.comBank of South Carolina (NASDAQ:BKSC) Has Re-Affirmed Its Dividend Of US$0.17June 27, 2022 | barrons.comVanguard Sues Financial Advisor Advisor Over Alleged Client SolicitationJune 27, 2022 | finance.yahoo.comFour-year degree pathways expand for BRCC students thanks to WGU North Carolina partnershipJune 27, 2022 | money.usnews.comHow to Find a Financial Risk Management AdvisorJune 25, 2022 | msn.comScholarship created to honor Coastal Carolina University grad who died in 2020 car crashJune 25, 2022 | nypost.comAlleged Alex Murdaugh hitman Curtis Smith arrested again in South CarolinaJune 23, 2022 | businessinsider.comSecurity Federal Bank review: South Carolina and Georgia bank with rewards bank accounts and solid CD ratesJune 23, 2022 | abcnews.go.comNew Medicaid expansion pitch surfaces in N. Carolina HouseJune 23, 2022 | msn.comThis small town in North Carolina ranks among nation’s best places to visit. Here’s whyJune 23, 2022 | bizjournals.comHearing pits Carolina Beverage Group against former investors over claim they were cheated out of $20MJune 23, 2022 | msn.comFinancial Independence After Divorce: You Can Go Your Own WayJune 22, 2022 | msn.comPiedmont Lithium looks abroad amid North Carolina uncertaintySee More Headlines Industry, 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/ACompany Calendar Last Earnings10/25/2019Today6/28/2022Profitability 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 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) Who are some of Carolina Financial's key competitors? Some companies that are related to Carolina Financial include Bank of Hawaii (BOH), Cathay General Bancorp (CATY), First Hawaiian (FHB), Sberbank of Russia (SBRCY), Ameris Bancorp (ABCB), Independent Bank Group (IBTX), Associated Banc (ASB), Pacific Premier Bancorp (PPBI), Texas Capital Bancshares (TCBI), First BanCorp. (FBP), International Bancshares (IBOC), Cadence Bank (CADE), Atlantic Union Bankshares (AUB), Columbia Banking System (COLB) and Hilltop (HTH). View all of CARO's competitors. 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 30 Days of MarketBeat All Access for $1.00 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. 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