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Carolina Financial Corporation (CARO)

May 1, 2020 - CARO was delisted
Stock Price: $32.88 USD 0.00 (0.00%)
Updated May 1, 2020 4:00 PM EDT

Stock Price Chart

Key Info

Market Cap 817.00M
Revenue (ttm) 183.96M
Net Income (ttm) 62.74M
Shares Out 24.85M
EPS (ttm) 2.80
PE Ratio 11.74
Forward PE n/a
Dividend $0.40
Dividend Yield 1.22%

Stock Quote

Trading Day May 1, 2020
Last Price $32.88
Previous Close $32.88
Change ($) 0.00
Change (%) 0.00%
Day's Open -
Day's Range 32.50 - 33.79
Day's Volume 691,192
52-Week Range 20.72 - 43.85

More Stats

Market Cap 817.00M
Enterprise Value 1.21B
Earnings Date (est) n/a
Ex-Dividend Date Mar 13, 2020
Shares Outstanding 24.85M
Float 21.95M
EPS (basic) 2.83
EPS (diluted) 2.80
FCF / Share 2.35
Dividend $0.40
Dividend Yield 1.22%
Earnings Yield 8.52%
FCF Yield 6.37%
Payout Ratio 12.70%
Shares Short 336,122
Short Ratio 1.29
Short % of Float 1.43%
Beta 1.25
PE Ratio 11.74
Forward PE n/a
P/FCF Ratio 15.69
PS Ratio 4.44
PB Ratio 1.10
Revenue 183.96M
Operating Income 80.69M
Net Income 62.74M
Free Cash Flow 52.08M
Net Cash -388.45M
Net Cash / Share -15.63
Gross Margin 100.00%
Operating Margin 43.86%
Profit Margin 34.10%
FCF Margin 28.31%
ROA 1.48%
ROE 9.52%
ROIC 1.90%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (1)

Buy 0
Overweight 0
Hold 1
Underweight 0
Sell 0
What these ratings mean

Analyst Consensus: Hold

Price Target

$30.00*
Low
30.0
Current: $32.88
High
30.0
Target: 30.00
*Average 12-month price target from 1 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Income Statement | Balance Sheet | Cash Flow
Year2019201820172016201520142013
Revenue18417211581.4670.6853.2072.18
Revenue Growth7.07%49.3%41.14%15.25%32.85%-26.29%-
Gross Profit18417211581.4670.6853.2072.18
Operating Income80.6962.4441.5325.4221.4811.7626.20
Net Income62.7449.6728.5717.5714.428.3116.82
Shares Outstanding22.1721.7616.3212.089.549.319.22
Earnings Per Share2.802.261.731.421.480.871.77
EPS Growth23.89%30.64%21.83%-4.05%70.11%-50.76%-
Dividend Per Share0.360.300.170.130.110.07-
Dividend Growth20%76.47%30.77%18.18%64.18%--
Operating Cash Flow57.7869.41-8.6828.7611.1010.50129
Capital Expenditures-5.70-3.71-7.00-3.71-3.30-4.02-2.08
Free Cash Flow52.0865.69-15.6825.057.816.48127
Cash & Equivalents13362.1381.2524.3526.6321.1538.67
Total Debt52247742324922612387.83
Net Cash / Debt-388-415-342-224-200-102-49.16
Assets4,7093,7913,5191,6841,4101,199882
Liabilities3,9653,2153,0441,5211,2701,105799
Book Value74357547516314093.7082.23
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Carolina Financial Corporation
Country United States
Employees 836

Stock Information

Ticker Symbol CARO
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: CARO

Description

Carolina Financial Corporation operates as a holding company for CresCom Bank that provides a range of commercial and retail banking financial services in South Carolina and North Carolina. The company operates through three segments: Community Banking, Wholesale Mortgage Banking, and Other. It offers noninterest-bearing demand accounts, interest-bearing demand and savings accounts, money market accounts, time deposits, and certificates of deposit. The company also provides commercial and residential real estate mortgage loans, real estate construction loans, commercial and industrial loans, commercial leases, and consumer loans to individuals, small to medium-sized businesses, and professional firms. In addition, it offers mortgage banking services comprising orrespondent/wholesale mortgage and loan servicing. The company operates through a network of 61 full service branches and 2 loan production offices located in South and North Carolina. Carolina Financial Corporation was incorporated in 1996 and is based in Charleston, South Carolina.