S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
The "Smart Money" Is Ready for May 1st Are You? (Ad)
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
He Is Giving Away Bitcoin (Ad)
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
The “Perfect Storm” for Gold (Ad)
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
The "Smart Money" Is Ready for May 1st Are You? (Ad)
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
He Is Giving Away Bitcoin (Ad)
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
The “Perfect Storm” for Gold (Ad)
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
The "Smart Money" Is Ready for May 1st Are You? (Ad)
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
He Is Giving Away Bitcoin (Ad)
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
The “Perfect Storm” for Gold (Ad)
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
The "Smart Money" Is Ready for May 1st Are You? (Ad)
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
He Is Giving Away Bitcoin (Ad)
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
The “Perfect Storm” for Gold (Ad)
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
Free Trial
NASDAQ:CARO

Carolina Financial (CARO) Stock Price, News & Analysis

→ SHOCKING Crypto Leak… (From Crypto 101 Media) (Ad)
Free CARO Stock Alerts
Notice: This company has been marked as potentially delisted and may not be actively trading.
Compare
Today's Range
$32.50
▼
$33.79
50-Day Range
$29.36
▼
$35.09
52-Week Range
$20.72
▼
$43.85
Volume
691,192 shs
Average Volume
178,226 shs
Market Capitalization
$816.28 million
P/E Ratio
11.74
Dividend Yield
1.22%
Price Target
N/A
Stock Analysis
Stock Analysis
CARO stock logo

About Carolina Financial Stock (NASDAQ:CARO)

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. The company also provides commercial and residential real estate mortgage loans, real estate construction loans, commercial and industrial loans, commercial leases, and consumer loans to individuals, small to medium-sized businesses, and professional firms. In addition, it offers mortgage banking services comprising orrespondent/wholesale mortgage and loan servicing. The company operates through a network of 61 full service branches and 2 loan production offices located in South and North Carolina. Carolina Financial Corporation was incorporated in 1996 and is based in Charleston, South Carolina.

CARO Stock News Headlines

April 18, 2024 | msn.com
North Carolina murder suspect captured in Tennessee after deadly Davie County home shooting, deputies say
April 17, 2024 | apnews.com
North Carolina sees slight surplus this year, $1B more next year
April 18, 2024 | Gold Safe Exchange (Ad)
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
April 17, 2024 | msn.com
Alex Murdaugh will appeal his 40-year federal sentence for financial crimes
April 17, 2024 | msn.com
South Carolina Proposes Anti-ESG Bill Aimed at Backing Farmers
April 17, 2024 | msn.com
Shhh! Carolina Panthers great Muhsin Muhammad explains it all on eve of the NFL Draft
April 17, 2024 | finance.yahoo.com
Seniors Helping Seniors® In-Home Care Services Expands to Rock Hill, South Carolina
April 16, 2024 | msn.com
‘We're talking beans and rice’: This North Carolina couple share a staggering $400K in student debt — here's what Dave Ramsey thinks these 'broke people with lots of ...
April 18, 2024 | Gold Safe Exchange (Ad)
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
April 16, 2024 | abcnews.go.com
Treasurer denies South Carolina Senate accusation he risked cyberattack in missing $1.8B case
April 16, 2024 | forbes.com
4 Reasons Why Eating Out Can Be Good For Your Financial Freedom Plan
April 15, 2024 | finance.yahoo.com
Brianna Ellis Promoted to Chief Financial Officer at Ram Realty Advisors
April 15, 2024 | msn.com
Former South Carolina financial advisor admits to multi-million-dollar tax evasion, officials say
April 14, 2024 | msn.com
19-year-old killed in house party shooting in Spartanburg, South Carolina, officials say
April 14, 2024 | msn.com
High school student-operated credit union is teaching financial literacy through hands-on experience
April 14, 2024 | msn.com
Driver ejected from vehicle in multi-vehicle accident in Pickens County, South Carolina, coroner says
April 14, 2024 | msn.com
Death investigation underway after 19-year-old killed in shooting in Spartanburg, South Carolina, coroner says
April 14, 2024 | msn.com
1 injured in shooting at apartment in Easley, South Carolina, police say
April 14, 2024 | msn.com
Man accused of dumping body of missing North Carolina man in the trash
April 14, 2024 | msn.com
Proposed S.C. bill would create financial accountability in animal cruelty cases
April 13, 2024 | msn.com
The 'Most Expensive Neighborhood' In South Carolina
April 13, 2024 | marketwatch.com
How to get financial advice for free
April 13, 2024 | msn.com
Breaking down challenges with sports betting in North Carolina
April 13, 2024 | msn.com
Duke University Has Officially Ended Its Full-Ride Scholarship For Black Students In Need Of Financial Assistance
April 12, 2024 | msn.com
South Carolina man dies days after multi-vehicle accident involving tractor-trailer, coroner says
April 12, 2024 | msn.com
6 Strategies for LGBTQ+ Financial Prep to Move to a Safer Place
April 12, 2024 | msn.com
'Golden Bachelor’s Gerry Turner & Theresa Nist's Next Financial Steps After Their 3-Month Marriage
See More Headlines
Receive CARO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Carolina Financial and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
10/25/2019
Today
4/18/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
State Commercial Banks
Sub-Industry
N/A
Current Symbol
NASDAQ:CARO
CUSIP
N/A
CIK
870385
Web
www.haveanicebank.com
Phone
843-723-7700
Fax
N/A
Employees
735
Year Founded
N/A

Profitability

EPS (Most Recent Fiscal Year)
$2.94
Trailing P/E Ratio
11.74
Forward P/E Ratio
12.45
P/E Growth
N/A
Net Income
$62.74 million
Net Margins
27.98%
Pretax Margin
N/A
Return on Equity
10.49%
Return on Assets
1.63%

Debt

Debt-to-Equity Ratio
0.10
Current Ratio
0.87
Quick Ratio
0.86

Sales & Book Value

Annual Sales
$224.23 million
Price / Sales
3.64
Cash Flow
$3.37 per share
Price / Cash Flow
9.76
Book Value
$29.97 per share
Price / Book
1.10

Miscellaneous

Outstanding Shares
24,826,000
Free Float
N/A
Market Cap
$816.28 million
Optionable
Not Optionable
Beta
1.40
Investing Strategies To Help Grow Your Retirement Income Cover
Investing Strategies To Help Grow Your Retirement Income

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Key Executives

  • Mr. Jerold L. Rexroad CPA (Age 59)
    CPA, Pres, CEO & Director
  • Mr. William A. Gehman III (Age 58)
    Exec. VP & CFO
  • Mr. David L. Morrow (Age 69)
    Exec. VP & Director
  • Mr. Melton J. Huggins III (Age 56)
    Exec. VP & Sec.

Key Competitors

View All Competitors

CARO Stock Analysis - Frequently Asked Questions

How were Carolina Financial's earnings last quarter?

Carolina Financial Corp (NASDAQ:CARO) announced its quarterly earnings data on Friday, October, 25th. The financial services provider reported $0.78 EPS for the quarter, beating the consensus estimate of $0.73 by $0.05. The financial services provider had revenue of $48.90 million for the quarter, compared to the consensus estimate of $46.60 million. Carolina Financial had a trailing twelve-month return on equity of 10.49% and a net margin of 27.98%.

Is Carolina Financial a good dividend stock?

Carolina Financial (NASDAQ:CARO) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.22%. The dividend payout ratio is 13.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CARO will have a dividend payout ratio of 14.76% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CARO.

What other stocks do shareholders of Carolina Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Carolina Financial investors own include Exxon Mobil (XOM), Eastman Chemical (EMN), Huntington Bancshares (HBAN), QUALCOMM (QCOM), WestRock (WRK), AbbVie (ABBV), Dominion Energy (D), Walt Disney (DIS), Enbridge (ENB) and Enterprise Products Partners (EPD).

This page (NASDAQ:CARO) was last updated on 4/18/2024 by MarketBeat.com Staff

From Our Partners
SHOCKING Crypto Leak…
Crypto 101 Media
The Best AI Stock to Own in the World Today is Trading for Just $25
Banyan Hill Publishing
The “Perfect Storm” for Gold
Gold Safe Exchange
Biden’s $374B Giveaway Into This Sector
DTI
Biden replacement revealed?
Paradigm Press
He Is Giving Away Bitcoin
Crypto Swap Profits
The #1 Crypto for 2024
InvestorPlace
How Biden has already won 2024
Porter & Company