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NASDAQ:CARE

Carter Bankshares (CARE) Stock Price, News & Analysis

Carter Bankshares logo
$15.44 +0.13 (+0.85%)
As of 03:04 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Carter Bankshares Stock (NASDAQ:CARE)

Key Stats

Today's Range
$15.29
$15.58
50-Day Range
$13.85
$17.74
52-Week Range
$11.96
$20.40
Volume
26,780 shs
Average Volume
74,926 shs
Market Capitalization
$357.14 million
P/E Ratio
14.53
Dividend Yield
N/A
Price Target
$21.50
Consensus Rating
Buy

Company Overview

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. The company also offers commercial loans comprising secured and unsecured loans; consumer loans, such as secured and unsecured loans for financing automobiles, home improvements, education, overdraft protection, and personal investments, as well as residential mortgages; real estate construction, acquisition, commercial, and industrial loans; home equity lines of credit; and credit cards, as well as originates and holds fixed and variable rate mortgage loans. In addition, it provides other banking services that include safe deposit boxes, direct deposit of payroll, and social security checks; online banking products, including online and mobile banking, online account opening, bill pay, e-statement, mobile deposit, digital wallet, and ATM services; title insurance and other financial institution-related products and services; and treasury and corporate cash management services. Carter Bankshares, Inc. was founded in 1974 and is headquartered in Martinsville, Virginia.

Carter Bankshares Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
75th Percentile Overall Score

CARE MarketRank™: 

Carter Bankshares scored higher than 75% of companies evaluated by MarketBeat, and ranked 518th out of 949 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Carter Bankshares has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Carter Bankshares has received no research coverage in the past 90 days.

  • Read more about Carter Bankshares' stock forecast and price target.
  • Earnings Growth

    Earnings for Carter Bankshares are expected to grow by 52.38% in the coming year, from $1.26 to $1.92 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Carter Bankshares is 14.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.74.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Carter Bankshares is 14.53, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 21.92.

  • Price to Book Value per Share Ratio

    Carter Bankshares has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.64% of the float of Carter Bankshares has been sold short.
  • Short Interest Ratio / Days to Cover

    Carter Bankshares has a short interest ratio ("days to cover") of 8.6.
  • Change versus previous month

    Short interest in Carter Bankshares has recently decreased by 0.88%, indicating that investor sentiment is improving.
  • Dividend Yield

    Carter Bankshares does not currently pay a dividend.

  • Dividend Growth

    Carter Bankshares does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.64% of the float of Carter Bankshares has been sold short.
  • Short Interest Ratio / Days to Cover

    Carter Bankshares has a short interest ratio ("days to cover") of 8.6.
  • Change versus previous month

    Short interest in Carter Bankshares has recently decreased by 0.88%, indicating that investor sentiment is improving.
  • News Sentiment

    Carter Bankshares has a news sentiment score of 1.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.90 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Carter Bankshares this week, compared to 1 article on an average week.
  • Search Interest

    3 people have searched for CARE on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 1 people have added Carter Bankshares to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Carter Bankshares insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.86% of the stock of Carter Bankshares is held by insiders.

  • Percentage Held by Institutions

    41.48% of the stock of Carter Bankshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Carter Bankshares' insider trading history.
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CARE Stock News Headlines

Carter Bankshares reports Q1 EPS 39c, consensus 28c
Trump Orders 'National Digital Asset Stockpile'
‘Digital Asset Reserve’ for THIS Coin??? Get all the details before this story gains even more traction
Carter Bankshares director to retire in May
Carter Bankshares director to retire in May
Exploring 3 Undiscovered Gems In The US Market
Carter Bankshares Q4 Earnings Assessment
See More Headlines

CARE Stock Analysis - Frequently Asked Questions

Carter Bankshares' stock was trading at $17.59 at the start of the year. Since then, CARE stock has decreased by 12.2% and is now trading at $15.44.
View the best growth stocks for 2025 here
.

Carter Bankshares, Inc. (NASDAQ:CARE) released its quarterly earnings results on Thursday, April, 24th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.02. The firm earned $37.22 million during the quarter, compared to analysts' expectations of $34.90 million. Carter Bankshares had a net margin of 10.09% and a trailing twelve-month return on equity of 6.50%.

Top institutional shareholders of Carter Bankshares include Rhumbline Advisers (0.15%). Insiders that own company stock include James W Haskins, Dyke Litz H Van, Edward Warren Matthews, Catharine L Midkiff, Michael R Bird, Gregory W Feldmann, Arthur Loran Adams, Jane Ann Davis and Curtis E Stephens.
View institutional ownership trends
.

Shares of CARE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Carter Bankshares investors own include Advanced Micro Devices (AMD), Tesla (TSLA), NVIDIA (NVDA), Meta Platforms (META), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Home Depot (HD).

Company Calendar

Last Earnings
4/24/2025
Today
4/28/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
National commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:CARE
Fax
N/A
Employees
730
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$21.50
High Stock Price Target
$22.00
Low Stock Price Target
$21.00
Potential Upside/Downside
+39.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Trailing P/E Ratio
14.53
Forward P/E Ratio
12.25
P/E Growth
N/A
Net Income
$24.52 million
Pretax Margin
7.74%

Debt

Sales & Book Value

Annual Sales
$132.40 million
Cash Flow
$1.56 per share
Price / Cash Flow
9.88
Book Value
$15.30 per share
Price / Book
1.01

Miscellaneous

Free Float
22,643,000
Market Cap
$357.14 million
Optionable
Optionable
Beta
0.63
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This page (NASDAQ:CARE) was last updated on 4/28/2025 by MarketBeat.com Staff
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