Carolina Financial Stock Price, News & Analysis (NASDAQ:CARO)

Carolina Financial trades on the NASDAQ under the ticker symbol "CARO."

Carolina Financial announced a quarterly dividend on Wednesday, July 24th. Shareholders of record on Friday, September 13th will be paid a dividend of $0.09 per share on Friday, October 4th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date of this dividend is Thursday, September 12th. View Carolina Financial's Dividend History.

Carolina Financial Corp (NASDAQ:CARO) posted its earnings results on Thursday, July, 25th. The financial services provider reported $0.73 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.72 by $0.01. The financial services provider earned $45.51 million during the quarter, compared to the consensus estimate of $45.64 million. Carolina Financial had a return on equity of 10.85% and a net margin of 28.60%. View Carolina Financial's Earnings History.

Carolina Financial is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Carolina Financial.

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.

5 Wall Street analysts have issued 12 month price targets for Carolina Financial's shares. Their predictions range from $37.00 to $41.00. On average, they expect Carolina Financial's share price to reach $39.00 in the next year. This suggests a possible upside of 7.8% from the stock's current price. View Analyst Price Targets 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.

News stories about CARO stock have trended negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Carolina Financial earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Carolina Financial.

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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Carolina Financial investors own include Alexion Pharmaceuticals (ALXN), Popular (BPOP), QUALCOMM (QCOM), Texas Capital Bancshares (TCBI), Freeport-McMoRan (FCX), Visa (V), Valero Energy (VLO), American Airlines Group (AAL), Addus Homecare (ADUS) and Alkermes (ALKS).

Carolina Financial's stock is owned by a number of of retail and institutional investors. Top institutional investors 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.

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.

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.

One share of CARO stock can currently be purchased for approximately $36.18.

Carolina Financial has a market capitalization of $805.73 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.

The official website for Carolina Financial is http://www.haveanicebank.com/.

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]