NASDAQ:CARO - Carolina Financial Stock Price, Forecast & News

Carolina Financial's stock was trading at $25.24 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CARO shares have increased by 0.4% and is now trading at $25.35. View which stocks have been mosted impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carolina Financial in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Carolina Financial.

Carolina Financial is scheduled to release its next quarterly earnings announcement on Wednesday, April 22nd 2020. View our earnings forecast for Carolina Financial.

Carolina Financial Corp (NASDAQ:CARO) issued its earnings results on Friday, January, 31st. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.76 by $0.02. The financial services provider earned $48.60 million during the quarter, compared to analyst estimates of $48.13 million. Carolina Financial had a return on equity of 10.49% and a net margin of 27.98%. View Carolina Financial's earnings history.

Carolina Financial announced a quarterly dividend on Thursday, January 30th. Stockholders of record on Monday, March 16th will be paid a dividend of $0.10 per share on Monday, April 6th. This represents a $0.40 annualized dividend and a dividend yield of 1.58%. The ex-dividend date is Friday, March 13th. View Carolina Financial's dividend history.

4 equities research analysts have issued 12 month target prices for Carolina Financial's shares. Their forecasts range from $31.65 to $39.00. On average, they anticipate Carolina Financial's share price to reach $36.66 in the next twelve months. This suggests a possible upside of 44.6% from the stock's current price. View analysts' price targets for Carolina Financial.

Media stories about CARO stock have been trending neutral this week, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Carolina Financial earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutCarolina Financial.

Some companies that are related to Carolina Financial include United Bankshares (UBSI), Bank Ozk (OZK), Independent Bank (INDB), Bank of Hawaii (BOH), First Hawaiian (FHB), Home Bancshares (HOMB), Investors Bancorp (ISBC), Associated Banc (ASB), South State (SSB), IBERIABANK (IBKC), Bancorpsouth Bank (BXS), Columbia Banking System (COLB), Wintrust Financial (WTFC), First Interstate Bancsystem (FIBK) and Cathay General Bancorp (CATY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Carolina Financial investors own include Exxon Mobil (XOM), PepsiCo (PEP), Eastman Chemical (EMN), Westrock (WRK), Dropbox (DBX), Huntington Bancshares (HBAN), Pattern Energy Group (PEGI), Petmed Express (PETS), Primo Water (PRMW) and QUALCOMM (QCOM).

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

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 $25.35.

Carolina Financial has a market capitalization of $629.34 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. 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]