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Carter Bankshares, Inc. CARE

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Price alert · CARE

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29.00 USD -0.89 -2.98%

At close · Oct 30

29.00 0.00 0.00%

After hours · Oct 30, 4:00 PM ET

Bid
28.96 × 2
Ask
29.07 × 2
28.93 Day range 30.07
16.96 52-week range 35.72
YTD
+47.51%
1 year
+68.31%
Open
29.94
Prev close
29.89
Mkt cap
640.65M
Vol
244.19K
Avg vol
270.13K
EPS
5.80
P/E
5.00
Div yield
0.00%
More statistics
Low
28.93
High
30.07
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

2Y chart

Chart tools
Interval

Events in this range
  • Jan 23, 2025Earnings: —; estimate 0.21; surprise —%
  • May 11, 2026Dividend: 0.1
  • Aug 10, 2026Dividend: 0.1
Signals (80)
NameDateAgo
MACD: Sell SignalOct 30, 20261 day ago
SMA: BearishOct 27, 20264 days ago
SMA: BullishOct 26, 20265 days ago
MACD: Buy SignalOct 2, 20264 weeks ago
MACD: Sell SignalSep 16, 20261 month ago
MACD: Buy SignalSep 4, 20261 month ago
SMA: BearishAug 17, 20262 months ago
SMA: BullishAug 12, 20262 months ago
SMA: BearishAug 10, 20262 months ago
MACD: Sell SignalAug 6, 20262 months ago
RSI: OverboughtAug 4, 20262 months ago
MACD: Buy SignalJul 31, 20263 months ago
MACD: Sell SignalJul 30, 20263 months ago
MACD: Buy SignalJul 28, 20263 months ago
MACD: Sell SignalJul 7, 20263 months ago
RSI: OverboughtJun 10, 20264 months ago
MACD: Buy SignalJun 4, 20264 months ago
MACD: Sell SignalJun 3, 20265 months ago
MACD: Buy SignalJun 2, 20265 months ago
RSI: OverboughtJun 2, 20265 months ago
RSI: OverboughtMay 22, 20265 months ago
MACD: Sell SignalMay 15, 20265 months ago
RSI: OverboughtMay 13, 20265 months ago
MACD: Buy SignalApr 30, 20266 months ago
RSI: OverboughtApr 28, 20266 months ago
MACD: Sell SignalApr 21, 20266 months ago
RSI: OverboughtMar 27, 20267 months ago
SMA: BullishMar 26, 20267 months ago
MACD: Buy SignalMar 25, 20267 months ago
SMA: BearishMar 5, 20268 months ago
MACD: Sell SignalFeb 13, 20268 months ago
RSI: OverboughtFeb 2, 20269 months ago
MACD: Buy SignalJan 30, 20269 months ago
MACD: Sell SignalJan 26, 20269 months ago
MACD: Buy SignalJan 21, 20269 months ago
MACD: Sell SignalDec 24, 202510 months ago
RSI: OverboughtDec 10, 202510 months ago
SMA: BullishNov 21, 202511 months ago
SMA: BearishNov 17, 202511 months ago
SMA: BullishNov 11, 202511 months ago
MACD: Buy SignalNov 11, 202511 months ago
SMA: BearishNov 10, 202511 months ago
SMA: BullishNov 7, 202511 months ago
SMA: BearishNov 6, 202511 months ago
SMA: BullishNov 5, 202512 months ago
SMA: BearishOct 29, 20251 year ago
SMA: BearishOct 16, 20251 year ago
SMA: BullishOct 14, 20251 year ago
SMA: BearishOct 10, 20251 year ago
MACD: Sell SignalSep 15, 20251 year ago
RSI: OverboughtSep 8, 20251 year ago
RSI: OverboughtSep 4, 20251 year ago
RSI: OverboughtAug 27, 20251 year ago
RSI: OverboughtAug 22, 20251 year ago
MACD: Buy SignalAug 13, 20251 year ago
SMA: BullishAug 8, 20251 year ago
SMA: BearishAug 1, 20251 year ago
MACD: Sell SignalJul 16, 20251 year ago
RSI: OverboughtJul 10, 20251 year ago
RSI: OverboughtJul 1, 20251 year ago
MACD: Buy SignalJun 24, 20251 year ago
MACD: Sell SignalJun 13, 20251 year ago
SMA: BullishMay 20, 20251 year ago
SMA: BearishMay 16, 20251 year ago
SMA: BullishMay 12, 20251 year ago
SMA: BearishMay 9, 20251 year ago
SMA: BullishMay 8, 20251 year ago
MACD: Buy SignalApr 21, 20251 year ago
RSI: OversoldApr 10, 20251 year ago
RSI: OversoldApr 3, 20251 year ago
MACD: Sell SignalApr 1, 20251 year ago
MACD: Buy SignalMar 18, 20251 year ago
RSI: OversoldMar 10, 20251 year ago
MACD: Sell SignalFeb 20, 20251 year ago
SMA: BearishFeb 18, 20251 year ago
SMA: BullishFeb 13, 20251 year ago
SMA: BearishFeb 12, 20251 year ago
SMA: BullishFeb 11, 20251 year ago
MACD: Buy SignalJan 15, 20251 year ago
RSI: OversoldJan 10, 20251 year 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
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.

Earnings history

Financials — quick view

All financials
CARE Revenue — quarterly 67.22M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
CARE Net income — quarterly 28.91M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
CARE EPS — quarterly 1.31
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

CARE recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Jan 23, 2025Dec 1, 20240.21———
Oct 24, 2024Sep 1, 20240.230.230.000.00%
Jul 25, 2024Jun 1, 20240.21———
Jul 25, 2024Jun 1, 20240.210.210.000.00%
Apr 25, 2024Mar 1, 20240.10———
Apr 25, 2024Mar 1, 20240.100.24+0.14+140.00%

Upgrades / downgrades

CARE analyst upgrades and downgrades
DateFirmActionFromTo
May 1, 2023Raymond JamesupMarket PerformOutperform
Oct 6, 2022DA DavidsondownBuyNeutral
Jul 7, 2022Raymond JamesupMarket PerformOutperform
Jan 21, 2022Piper Sandlerinit—Neutral
Jul 8, 2021Raymond JamesdownOutperformMarket Perform
Mar 30, 2021DA DavidsonupNeutralBuy

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

News

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Insider holders

CARE insider holders
InsiderRelationLatest transactionDateShares held
ADAMS ARTHUR LORANOfficerStock Award(Grant)May 6, 20247,378
BELL WENDY SChief Financial OfficerStock Award(Grant)Jan 4, 202429,486
BOLTON ROBERT MDirectorStock Award(Grant)Jan 1, 202467,401
DAVIS JANE ANNOfficerStock Award(Grant)May 6, 202410,781
FELDMANN GREGORY WDirectorStock Award(Grant)Jan 1, 202413,572
HASKINS JAMES WDirectorStock Award(Grant)Jan 1, 202463,824

Institution ownership

CARE institution ownership
Holder% heldSharesValueReported
Blackrock Inc.7.36%1,698,62429.90MSep 29, 2024
Vanguard Group Inc5.66%1,305,13822.97MSep 29, 2024
Dimensional Fund Advisors LP4.18%964,00116.97MSep 29, 2024
Alliancebernstein L.P.3.90%899,90915.84MSep 29, 2024
Geode Capital Management, LLC2.27%523,5919.22MSep 29, 2024
State Street Corporation2.15%496,6038.74MSep 29, 2024

Fund ownership

CARE fund ownership
Holder% heldSharesValueReported
Vanguard Total Stock Market Index Fund3.09%713,08012.55MSep 29, 2024
iShares Russell 2000 ETF2.66%614,07510.81MOct 30, 2024
Vanguard Extended Market Index Fund1.67%386,4396.80MSep 29, 2024
Avantis U.S. Small Cap Value ETF1.21%279,7024.92MSep 29, 2024
Fidelity Small Cap Index Fund0.99%229,1564.03MAug 30, 2024
iShares Russell 2000 Value ETF0.95%219,6863.87MOct 30, 2024
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