Carter Bankshares (NASDAQ:CARE - Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Thursday, January 23rd. Analysts expect Carter Bankshares to post earnings of $0.21 per share for the quarter.
Carter Bankshares Trading Down 1.0 %
NASDAQ:CARE traded down $0.17 during midday trading on Thursday, hitting $17.36. The stock had a trading volume of 35,100 shares, compared to its average volume of 62,170. The stock has a 50-day moving average of $18.25 and a 200 day moving average of $17.38. The company has a market capitalization of $400.50 million, a price-to-earnings ratio of 28.00 and a beta of 1.00. Carter Bankshares has a one year low of $10.95 and a one year high of $20.40. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.23.
Wall Street Analysts Forecast Growth
Separately, Hovde Group began coverage on Carter Bankshares in a research report on Wednesday, October 2nd. They set an "outperform" rating and a $22.00 price target on the stock.
View Our Latest Analysis on CARE
About Carter Bankshares
(
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Carter Bankshares, Inc operates as the bank holding company for Carter Bank & Trust that provides various banking products and services in the United States. It accepts various deposit products, including checking, savings, retirement, and money market accounts, as well as certificates of deposits.
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