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.
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Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Phone843-723-7700
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$200.95 million
Profitability
Miscellaneous
Employees735
Next Earnings Date10/24/2019 (Confirmed)
OptionableNot Optionable
Carolina Financial (NASDAQ:CARO) Frequently Asked Questions
What is Carolina Financial's stock symbol?
Carolina Financial trades on the NASDAQ under the ticker symbol "CARO."
How often does Carolina Financial pay dividends? What is the dividend yield for Carolina Financial?
Carolina Financial announced a quarterly dividend on Wednesday, July 24th. Shareholders of record on Friday, September 13th will be given a dividend of $0.09 per share on Friday, October 4th. This represents a $0.36 annualized dividend and a dividend yield of 1.00%. The ex-dividend date of this dividend is Thursday, September 12th. View Carolina Financial's Dividend History.
How were Carolina Financial's earnings last quarter?
Carolina Financial Corp (NASDAQ:CARO) issued its quarterly earnings results on Thursday, July, 25th. The financial services provider reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.01. The financial services provider had revenue of $45.51 million for the quarter, compared to analysts' expectations of $45.64 million. Carolina Financial had a net margin of 28.60% and a return on equity of 10.85%. View Carolina Financial's Earnings History.
When is Carolina Financial's next earnings date?
How can I listen to Carolina Financial's earnings call?
Carolina Financial will be holding an earnings conference call on Thursday, October 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for CARO?
5 equities research analysts have issued 1 year target prices for Carolina Financial's shares. Their forecasts range from $37.00 to $41.00. On average, they expect Carolina Financial's share price to reach $39.00 in the next twelve months. This suggests a possible upside of 7.9% from the stock's current price. View Analyst Price Targets for Carolina Financial.
What is the consensus analysts' recommendation for Carolina Financial?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carolina Financial in the last year. There are currently 2 hold ratings, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Carolina Financial.
Has Carolina Financial been receiving favorable news coverage?
Press coverage about CARO stock has been trending somewhat positive on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Carolina Financial earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Carolina Financial.
Who are some of Carolina Financial's key competitors?
Some companies that are related to Carolina Financial include Home Bancshares (HOMB), CVB Financial (CVBF), Bancorpsouth Bank (BXS), Ameris Bancorp (ABCB), Cathay General Bancorp (CATY), Texas Capital Bancshares (TCBI), Independent Bank (INDB), First Interstate Bancsystem (FIBK), Columbia Banking System (COLB), South State (SSB), International Bancshares (IBOC), Independent Bank Group (IBTX), United Community Banks (UCBI), First Bancorp (FBP) and Hilltop (HTH).
What other stocks do shareholders of Carolina Financial own?
Who are Carolina Financial's key executives?
Carolina Financial's management team includes the folowing 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 Carolina Financial's major shareholders?
Carolina Financial's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Tributary Capital Management LLC (2.26%), Envestnet Asset Management Inc. (0.17%) and Nachman Norwood & Parrott Inc (0.05%). Company insiders that own Carolina Financial stock include Daniel H Isaac Jr, David L Morrow, Fowler C Williams, Jeffery L Deal, Jerry L Rexroad, M J Huggins III, Michael P Leddy, Robert M Moise, W Scott Brandon and William A Gehman III. View Institutional Ownership Trends for Carolina Financial.
Which institutional investors are selling Carolina Financial stock?
CARO stock was sold by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC, Envestnet Asset Management Inc. and Nachman Norwood & Parrott Inc. Company insiders that have sold Carolina Financial company stock in the last year include David L Morrow, Jeffery L Deal, M J Huggins III, Michael P Leddy, Robert M Moise and W Scott Brandon. View Insider Buying and Selling for Carolina Financial.
How do I buy shares of Carolina Financial?
Shares of CARO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Carolina Financial's stock price today?
One share of CARO stock can currently be purchased for approximately $36.13.
How big of a company is Carolina Financial?
Carolina Financial has a market capitalization of $804.65 million and generates $200.95 million in revenue each year. The financial services provider earns $49.67 million in net income (profit) each year or $2.86 on an earnings per share basis. Carolina Financial employs 735 workers across the globe.View Additional Information About Carolina Financial.
What is Carolina Financial's official website?
How can I contact Carolina Financial?
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]
MarketBeat Community Rating for Carolina Financial (NASDAQ CARO)
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.
