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

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

Carolina Financial declared a quarterly dividend on Wednesday, July 24th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date of this dividend is Thursday, September 12th. View Carolina Financial's Dividend History.

Carolina Financial Corp (NASDAQ:CARO) released its earnings results on Thursday, July, 25th. The financial services provider reported $0.73 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.72 by $0.01. The financial services provider had revenue of $45.51 million for the quarter, compared to analyst estimates 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.

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 equities research analysts have issued 12 month price targets for Carolina Financial's shares. Their forecasts range from $37.00 to $41.00. On average, they anticipate Carolina Financial's share price to reach $39.00 in the next year. This suggests a possible upside of 9.0% 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.

Media stories about CARO stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Carolina Financial earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave headlines 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 effect 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), Bancorpsouth Bank (BXS), CVB Financial (CVBF), Ameris Bancorp (ABCB), Cathay General Bancorp (CATY), Texas Capital Bancshares (TCBI), First Interstate Bancsystem (FIBK), Columbia Banking System (COLB), International Bancshares (IBOC), South State (SSB), Independent Bank (INDB), United Community Banks (UCBI), Independent Bank Group (IBTX), 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 many different of institutional and retail 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 $35.77.

Carolina Financial has a market capitalization of $796.63 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]