Carter Bankshares, Inc. CARE
At closeNov 4, 2026, 4:01 PM EST
After hours · Nov 4, 4:01 PM ET
- YTD
- +48.83%
- 1 year
- +69.52%
- Market cap
- 646.39M
- Revenue (ttm)
- 128.50M
- Profit margin
- 11.17%
- EPS (ttm)
- 5.91
- Shares out
- 23.07M
- P/E ratio
- 4.95
- Forward P/E
- 8.59
- YTD return
- +48.83%
- 1-year return
- +69.52%
- Volume
- 325.88K
- Avg volume
- 259.94K
- Open
- 29.32
- Previous close
- 28.54
- Day's range
- 29.00 – 29.79
- 52-week range
- 16.86 – 36.06
- Beta
- 1.03
- Analysts
- Strong Buy
- Price target
- 23.00 (-21.4%)
- Earnings date
- Jan 23, 2025
YTD +9.83 (+50.59%)
Key statistics
- Enterprise value
- 400.93M
- PEG ratio
- 0.00
- Price / sales
- 3.16
- Price / book
- 1.05
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- 8.70%
- Free cash flow
- 0
- Total cash
- 118.75M
- Total debt
- 111.77M
- Return on equity
- 4.00%
- Short % of float
- 3.01%
- 50-day average
- 18.67
- 200-day average
- 15.50
Analyst view
Consensus: strong buy
- Target (low)
- 21.00
- Target (mean)
- 23.00
- Target (high)
- 24.00
- Strong buy1
- Buy2
- Hold0
- Sell0
- Strong sell0
Next earnings
Jan 23, 2025
Expected Jan 23, 2025. Consensus EPS estimate 0.22667.
Financials — quick view
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
Sign in to keep a note on CARE — it syncs with the Stock Master app.
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 |