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. 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 yield of 1.02%. The ex-dividend date 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 for the quarter, topping analysts' consensus estimates 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 twelve-month price targets for Carolina Financial's stock. 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 10.2% 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 headlines about CARO stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Carolina Financial earned a news impact score of -2.6 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near term. 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), South State (SSB), International Bancshares (IBOC), Independent Bank (INDB), Hilltop (HTH), Independent Bank Group (IBTX), United Community Banks (UCBI) and First Bancorp (FBP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Carolina Financial investors own include PepsiCo (PEP), QUALCOMM (QCOM), Addus Homecare (ADUS), Popular (BPOP), Celgene (CELG), Texas Capital Bancshares (TCBI), AMN Healthcare Services (AMN), Walt Disney (DIS), Eastman Chemical (EMN) and Freeport-McMoRan (FCX).

Carolina Financial's stock is owned by a variety of of retail and institutional investors. Top institutional investors include 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 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 $35.39.

Carolina Financial has a market capitalization of $788.14 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]