Carter Bankshares, Inc. (CARE)
| Market Cap | 400.70M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 24.11M |
| EPS (ttm) | 1.61 |
| PE Ratio | 10.32 |
| Forward PE | 7.96 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 46,267 |
| Open | 16.24 |
| Previous Close | 16.27 |
| Day's Range | 16.17 - 16.67 |
| 52-Week Range | 12.58 - 18.84 |
| Beta | 1.03 |
| Analysts | Buy |
| Price Target | 19.64 (+18.17%) |
| Earnings Date | Jan 26, 2023 |
About CARE
Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various banking products and services. It accepts various deposit products, including checking, savings, retirement, and money market accounts, as well as longer-term 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 residenti... [Read more]
Analyst Forecast
According to 9 analysts, the average rating for CARE stock is "Buy." The 12-month stock price forecast is $19.64, which is an increase of 18.17% from the latest price.
News
Carter Bankshares, Inc. (CARE) Beats Q4 Earnings and Revenue Estimates
Carter Bankshares, Inc. (CARE) delivered earnings and revenue surprises of 1.64% and 6.61%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stoc...
Carter Bankshares, Inc. Announces Record Fourth Quarter and Full Year 2022 Financial Results
MARTINSVILLE, VA / ACCESSWIRE / January 26, 2023 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank & Trust (the "Bank") today announced record net income of $...
Carter Bank & Trust Announces the Promotion of Executives Matt Speare, Rich Spiker and Tony Kallsen to Senior Executive Vice President
In addition, Speare has been named the Bank's Chief Operations Officer, a change from his former role as Chief Information Officer. MARTINSVILLE, VA / ACCESSWIRE / January 24, 2023 / Carter Bank & Tru...
Best Value Stocks to Buy for December 28th
CARE, ADT and MUSA made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 28, 2022.
Is Carter Bankshares (CARE) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...
Carter Bankshares, Inc. (CARE) Loses 9.4% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Carter Bankshares, Inc. (CARE) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earn...
Is Carter Bankshares (CARE) Stock Outpacing Its Finance Peers This Year?
Here is how Carter Bankshares, Inc. (CARE) and Commerzbank AG (CRZBY) have performed compared to their sector so far this year.
Why Carter Bankshares (CARE) Stock Might be a Great Pick
Carter Bankshares (CARE) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
5 Solid Stocks to Play a Topsy-Turvy Wall Street
With U.S. stocks wavering, it's prudent to invest in risk-adjusted stocks like Archer Daniels Midland (ADM), Carter Bankshares (CARE), W.R. Berkley (WRB), Lamb Weston (LW) and AeroVironment (AVAV) for...
Earnings Estimates Moving Higher for Carter Bankshares, Inc. (CARE): Time to Buy?
Carter Bankshares, Inc. (CARE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Carter Bankshares, Inc. (CARE) Q3 Earnings and Revenues Top Estimates
Carter Bankshares, Inc. (CARE) delivered earnings and revenue surprises of 15.69% and 8.08%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the st...
Carter Bankshares, Inc. Announces Record Third Quarter 2022 Financial Results
MARTINSVILLE, VA / ACCESSWIRE / October 27, 2022 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank & Trust (the "Bank") today announced record net income of $...
Can Carter Bankshares, Inc. (CARE) Keep the Earnings Surprise Streak Alive?
Carter Bankshares, Inc. (CARE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Carter Bankshares, Inc. (CARE) Earnings Expected to Grow: Should You Buy?
Carter Bankshares, Inc. (CARE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
5 Stocks With Recent Price Strength in an Uncertain September
Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are MGPI, LNTH, CARE, ARLP and DGII.
Recent Price Trend in Carter Bankshares, Inc. (CARE) is Your Friend, Here's Why
Carter Bankshares, Inc. (CARE) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Is Carter Bankshares (CARE) Outperforming Other Finance Stocks This Year?
Here is how Carter Bankshares, Inc. (CARE) and Cullen/Frost Bankers (CFR) have performed compared to their sector so far this year.
Can Carter Bankshares, Inc. (CARE) Run Higher on Rising Earnings Estimates?
Carter Bankshares, Inc. (CARE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Carter Bankshares, Inc. (CARE) is on the Move, Here's Why the Trend Could be Sustainable
Carter Bankshares, Inc. (CARE) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made...
Carter Bankshares, Inc. (CARE) Q2 Earnings and Revenues Surpass Estimates
Carter Bankshares, Inc. (CARE) delivered earnings and revenue surprises of 22.22% and 8.85%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Carter Bankshares, Inc. Announces Second Quarter 2022 Financial Results
MARTINSVILLE, VA / ACCESSWIRE / July 28, 2022 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank & Trust (the "Bank") today announced net income of $10.8 milli...
Will Carter Bankshares, Inc. (CARE) Gain on Rising Earnings Estimates?
Carter Bankshares, Inc. (CARE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Wall Street Analysts Think Carter Bankshares, Inc. (CARE) Could Surge 27%: Read This Before Placing a Bet
The average of price targets set by Wall Street analysts indicates a potential upside of 26.5% in Carter Bankshares, Inc. (CARE). While the effectiveness of this highly sought-after metric is question...
Carter Bank & Trust Introduces a Limited-Time Take Your Pick Promotion
Take your pick promotion offers individuals and businesses the choice of two special interest rate savings options. MARTINSVILLE, VA / ACCESSWIRE / June 27, 2022 / For a limited time, Carter Bank & Tr...
After Plunging 9.7% in 4 Weeks, Here's Why the Trend Might Reverse for Carter Bankshares, Inc. (CARE)
Carter Bankshares, Inc. (CARE) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earn...