Carter Bankshares, Inc. CARE
Set alert
29.00 USD 0.00 0.00%
At close · Nov 2
29.00 0.00 0.00%
After hours · Nov 2, 4:00 PM ET
28.91 Day range 29.58
16.78 52-week range 36.06
- YTD
- +47.51%
- 1 year
- +69.79%
- Open
- 29.32
- Prev close
- 29.00
- Mkt cap
- 640.65M
- Vol
- 280.77K
- Avg vol
- 266.48K
- EPS
- 5.92
- P/E
- 4.90
- Div yield
- 0.00%
More statistics
- Low
- 28.91
- High
- 29.58
- Forward P/E
- 8.59
- Beta
- 1.03
- Short ratio
- 8.27
- Inst. own
- 46.67%
- Dividend
- 0.00
- Ex-div date
- Feb 13, 2020
- Earnings
- Jan 23, 2025
- 50-d avg
- 18.67
- 200-d avg
- 15.50
- 1y target
- 23.00
5Y chart
Events in this range
- Jan 21, 2022Rating: Piper Sandler · — → Neutral
- Jul 7, 2022Rating: Raymond James · Market Perform → Outperform
- Oct 6, 2022Downgrade: DA Davidson · Buy → Neutral
- May 1, 2023Rating: Raymond James · Market Perform → Outperform
- Apr 25, 2024Earnings: —; estimate 0.1; surprise —%
- Apr 25, 2024Earnings: 0.24; estimate 0.1; surprise 140%
- Jul 25, 2024Earnings: —; estimate 0.21; surprise —%
- Jul 25, 2024Earnings: 0.21; estimate 0.21; surprise 0%
- Oct 24, 2024Earnings: 0.23; estimate 0.23; surprise 0%
- Jan 23, 2025Earnings: —; estimate 0.21; surprise —%
- May 11, 2026Dividend: 0.1
- Aug 10, 2026Dividend: 0.1
Signals (62)
| Name | Date | Ago |
|---|---|---|
| SMA: Bearish | Oct 26, 2026 | 1 week ago |
| MACD: Sell Signal | Aug 17, 2026 | 2 months ago |
| SMA: Bearish | Aug 10, 2026 | 2 months ago |
| RSI: Overbought | Apr 27, 2026 | 6 months ago |
| RSI: Overbought | Apr 6, 2026 | 7 months ago |
| SMA: Bullish | Mar 23, 2026 | 7 months ago |
| MACD: Buy Signal | Mar 23, 2026 | 7 months ago |
| MACD: Sell Signal | Mar 9, 2026 | 7 months ago |
| SMA: Bearish | Mar 2, 2026 | 8 months ago |
| RSI: Overbought | Feb 2, 2026 | 9 months ago |
| MACD: Buy Signal | Dec 8, 2025 | 10 months ago |
| SMA: Bullish | Nov 24, 2025 | 11 months ago |
| SMA: Bullish | Nov 24, 2025 | 11 months ago |
| SMA: Bearish | Oct 27, 2025 | 1 year ago |
| MACD: Sell Signal | Oct 13, 2025 | 1 year ago |
| SMA: Bearish | Oct 6, 2025 | 1 year ago |
| SMA: Bullish | Aug 4, 2025 | 1 year ago |
| SMA: Bearish | Jul 28, 2025 | 1 year ago |
| SMA: Bullish | Jun 23, 2025 | 1 year ago |
| MACD: Buy Signal | May 26, 2025 | 1 year ago |
| SMA: Bullish | May 5, 2025 | 1 year ago |
| RSI: Oversold | Apr 7, 2025 | 1 year ago |
| SMA: Bearish | Feb 17, 2025 | 1 year ago |
| SMA: Bearish | Feb 17, 2025 | 1 year ago |
| SMA: Bullish | Feb 3, 2025 | 1 year ago |
| SMA: Bullish | Jan 13, 2025 | 1 year ago |
| SMA: Bearish | Jan 6, 2025 | 1 year ago |
| SMA: Bearish | Dec 9, 2024 | 1 year ago |
| MACD: Sell Signal | Dec 9, 2024 | 1 year ago |
| RSI: Overbought | Nov 4, 2024 | 1 year ago |
| SMA: Bullish | Jun 24, 2024 | 2 years ago |
| SMA: Bullish | Jun 24, 2024 | 2 years ago |
| SMA: Bearish | Jun 10, 2024 | 2 years ago |
| SMA: Bearish | May 20, 2024 | 2 years ago |
| MACD: Buy Signal | May 13, 2024 | 2 years ago |
| SMA: Bullish | Apr 29, 2024 | 2 years ago |
| SMA: Bearish | Feb 26, 2024 | 2 years ago |
| MACD: Sell Signal | Feb 26, 2024 | 2 years ago |
| SMA: Bearish | Jan 29, 2024 | 2 years ago |
| SMA: Bullish | Dec 11, 2023 | 2 years ago |
| MACD: Buy Signal | Nov 20, 2023 | 2 years ago |
| SMA: Bullish | Nov 13, 2023 | 2 years ago |
| RSI: Oversold | Oct 2, 2023 | 3 years ago |
| MACD: Sell Signal | Aug 21, 2023 | 3 years ago |
| SMA: Bearish | Jul 24, 2023 | 3 years ago |
| SMA: Bearish | Jul 24, 2023 | 3 years ago |
| SMA: Bullish | Jul 17, 2023 | 3 years ago |
| MACD: Buy Signal | May 29, 2023 | 3 years ago |
| SMA: Bullish | May 15, 2023 | 3 years ago |
| SMA: Bearish | Mar 6, 2023 | 3 years ago |
| SMA: Bearish | Mar 6, 2023 | 3 years ago |
| SMA: Bullish | Jan 30, 2023 | 3 years ago |
| SMA: Bullish | Jan 30, 2023 | 3 years ago |
| SMA: Bearish | Jan 16, 2023 | 3 years ago |
| MACD: Sell Signal | Dec 19, 2022 | 3 years ago |
| SMA: Bearish | Dec 12, 2022 | 3 years ago |
| SMA: Bullish | Oct 10, 2022 | 4 years ago |
| SMA: Bearish | Sep 26, 2022 | 4 years ago |
| SMA: Bullish | Aug 8, 2022 | 4 years ago |
| MACD: Buy Signal | Aug 8, 2022 | 4 years ago |
| SMA: Bullish | Jul 25, 2022 | 4 years ago |
| SMA: Bearish | Apr 25, 2022 | 4 years ago |
Key statistics
- Market cap
- 406.07M
- Enterprise value
- 400.93M
- Trailing P/E
- 27.94
- Forward P/E
- 8.59
- PEG ratio
- 0.00
- Price / sales
- 3.16
- Price / book
- 1.05
- EPS (TTM)
- 0.63
- Beta
- 1.03
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Profit margin
- 11.17%
- Revenue (TTM)
- 128.50M
- Revenue growth
- 8.70%
- Free cash flow
- 0
- Total cash
- 118.75M
- Total debt
- 111.77M
- Return on equity
- 4.00%
- Shares outstanding
- 23.07M
- Short % of float
- 3.01%
- 50-day average
- 18.67
- 200-day average
- 15.50
Analyst view
Consensus: strong buy
Strong buy
Price target (mean) 23.00 -20.7% downside
Now 29.00
- Target (low)
- 21.00
- Target (mean)
- 23.00
- Target (high)
- 24.00
Ratings (0m) 3 3 buy · 0 hold · 0 sell
- Strong buy1
- Buy2
- Hold0
- Sell0
- Strong sell0
Next earnings
Jan 23, 2025
Expected Jan 23, 2025. Consensus EPS estimate 0.22667.
Financials — quick view
CARE Revenue — quarterly 67.22M
CARE Net income — quarterly 28.91M
CARE EPS — quarterly 1.31
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Jan 23, 2025 | Dec 1, 2024 | 0.21 | — | — | — |
| Oct 24, 2024 | Sep 1, 2024 | 0.23 | 0.23 | 0.00 | 0.00% |
| Jul 25, 2024 | Jun 1, 2024 | 0.21 | — | — | — |
| Jul 25, 2024 | Jun 1, 2024 | 0.21 | 0.21 | 0.00 | 0.00% |
| Apr 25, 2024 | Mar 1, 2024 | 0.10 | — | — | — |
| Apr 25, 2024 | Mar 1, 2024 | 0.10 | 0.24 | +0.14 | +140.00% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| May 1, 2023 | Raymond James | up | Market Perform | Outperform |
| Oct 6, 2022 | DA Davidson | down | Buy | Neutral |
| Jul 7, 2022 | Raymond James | up | Market Perform | Outperform |
| Jan 21, 2022 | Piper Sandler | init | — | Neutral |
| Jul 8, 2021 | Raymond James | down | Outperform | Market Perform |
| Mar 30, 2021 | DA Davidson | up | Neutral | Buy |
About Carter Bankshares, Inc.
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 deposit. 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.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Country
- United States
- Website
- carterbank.com
News
- Carter Bankshares, Inc. (CARE) Q3 Earnings and Revenues Miss Estimates
- Carter Bankshares (CARE) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
- Carter Bankshares Q3 Adj. EPS $0.35 Misses $0.53 Estimate, Sales $46.216M Miss $47.190M Estimate
- Implied Volatility Surging for Carter Bankshares Stock Options
- Comparing Carter Bankshares (NASDAQ:CARE) and Southern Missouri Bancorp (NASDAQ:SMBC)
- Reviewing Carter Bankshares (NASDAQ:CARE) and First Business Financial Services (NASDAQ:FBIZ)
- CEO Litz Van Dyke Reflects on 10 Years with Carter Bank
- Carter Bankshares, Inc. (NASDAQ:CARE) Receives Consensus Rating of “Hold” from Brokerages
- Carter Bank Strengthens Raleigh Presence with Commercial Banking Leader Kevin Lockhart
- Carter Bankshares Announces Lawsuit Against Carter Bankshares And Carter Bank & Trust Dismissed With Prejudice
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| ADAMS ARTHUR LORAN | Officer | Stock Award(Grant) | May 6, 2024 | 7,378 |
| BELL WENDY S | Chief Financial Officer | Stock Award(Grant) | Jan 4, 2024 | 29,486 |
| BOLTON ROBERT M | Director | Stock Award(Grant) | Jan 1, 2024 | 67,401 |
| DAVIS JANE ANN | Officer | Stock Award(Grant) | May 6, 2024 | 10,781 |
| FELDMANN GREGORY W | Director | Stock Award(Grant) | Jan 1, 2024 | 13,572 |
| HASKINS JAMES W | Director | Stock Award(Grant) | Jan 1, 2024 | 63,824 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 7.36% | 1,698,624 | 29.90M | Sep 29, 2024 |
| Vanguard Group Inc | 5.66% | 1,305,138 | 22.97M | Sep 29, 2024 |
| Dimensional Fund Advisors LP | 4.18% | 964,001 | 16.97M | Sep 29, 2024 |
| Alliancebernstein L.P. | 3.90% | 899,909 | 15.84M | Sep 29, 2024 |
| Geode Capital Management, LLC | 2.27% | 523,591 | 9.22M | Sep 29, 2024 |
| State Street Corporation | 2.15% | 496,603 | 8.74M | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 3.09% | 713,080 | 12.55M | Sep 29, 2024 |
| iShares Russell 2000 ETF | 2.66% | 614,075 | 10.81M | Oct 30, 2024 |
| Vanguard Extended Market Index Fund | 1.67% | 386,439 | 6.80M | Sep 29, 2024 |
| Avantis U.S. Small Cap Value ETF | 1.21% | 279,702 | 4.92M | Sep 29, 2024 |
| Fidelity Small Cap Index Fund | 0.99% | 229,156 | 4.03M | Aug 30, 2024 |
| iShares Russell 2000 Value ETF | 0.95% | 219,686 | 3.87M | Oct 30, 2024 |