Logo image of CARE

CARTER BANKSHARES INC (CARE) Stock Price, Quote, News and Overview

NASDAQ:CARE - Nasdaq - US1461031064 - Common Stock - Currency: USD

17.2  -0.26 (-1.49%)

After market: 17.2 0 (0%)

CARE Quote, Performance and Key Statistics

CARTER BANKSHARES INC

NASDAQ:CARE (2/21/2025, 8:05:13 PM)

After market: 17.2 0 (0%)

17.2

-0.26 (-1.49%)

Sector
GICS SectorFinancials
GICS IndustryBanks
GICS IndustryGroupBanks
GICS SubIndustryRegional Banks
Statistics
52 Week High20.4
52 Week Low10.95
Market Cap396.80M
Shares23.07M
Float22.61M
Yearly Dividend0
Dividend YieldN/A
PE16.23
Fwd PE8.45
Earnings (Next)04-23 2025-04-23/bmo
IPO02-28 2007-02-28


CARE short term performance overview.The bars show the price performance of CARE in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months -2 -4 -6

CARE long term performance overview.The bars show the price performance of CARE in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 5 10 15 20 25

The current stock price of CARE is 17.2 USD. In the past month the price decreased by -3.26%. In the past year, price increased by 26.94%.

CARTER BANKSHARES INC / CARE Daily stock chart

CARE Competitors/Peers

The largest stocks on the US markets in the "Regional Banks" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
TFC TRUIST FINANCIAL CORP 12.58 60.09B
HBANL HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP 20.4 37.07B
HBANM HUNTINGTON BANCSHARES - HBAN 5.7 PERP 18.06 32.81B
MTB M & T BANK CORP 12.51 32.11B
HBANP HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP 14.65 26.62B
HBAN HUNTINGTON BANCSHARES INC 12.92 23.48B
RF REGIONS FINANCIAL CORP 11.64 21.26B
CFG CITIZENS FINANCIAL GROUP 14.81 19.77B
VLYPN VALLEY NATIONAL BANCORP - VLY 8 1/4 PERP 40.57 14.28B
VLYPP VALLEY NATIONAL BANCORP - VLY 6 1/4 PERP 40.03 14.09B
VLYPO VALLEY NATIONAL BANCORP - VLY 8.43172 PERP 39.95 14.06B
EWBC EAST WEST BANCORP INC 11.28 13.02B

About CARE

Company Profile

CARE logo image Carter Bankshares, Inc. is a holding company, which engages in the provision of retail and commercial financial products and services and insurance products. The company is headquartered in Martinsville, Virginia and currently employs 679 full-time employees. The company went IPO on 2007-02-28. The firm is the parent company of its wholly owned subsidiary, Carter Bank & Trust (the Bank). The company provides a full range of commercial banking, consumer banking, mortgage, and services. The Bank offers a full range of deposit services including lifetime free checking, interest checking accounts, savings accounts, retirement accounts and other deposit accounts of various types, ranging from money market accounts to longer-term CDs. These products and services are available to its personal and business customers. The company also offers a full range of commercial and consumer loans. Commercial loans include both secured and unsecured loans, real estate construction and acquisition loans, and commercial and industrial loans. The company also provides safe deposit boxes, direct deposit of payroll and social security checks and debit cards. Online banking products include online account opening, bill pay, e-statements (paperless electronic statements).

Company Info

CARTER BANKSHARES INC

1300 Kings Mountain Road

Martinsville VIRGINIA 24112 US

CEO: Litz H. Van Dyke

Employees: 679

Company Website: https://investors.cbtcares.com/corporate-information/corporate-profile/default.aspx

Investor Relations: https://investors.cbtcares.com/

Phone: 12766561776

CARTER BANKSHARES INC / CARE FAQ

What is the stock price of CARTER BANKSHARES INC today?

The current stock price of CARE is 17.2 USD. The price decreased by -1.49% in the last trading session.


What is the ticker symbol for CARTER BANKSHARES INC stock?

The exchange symbol of CARTER BANKSHARES INC is CARE and it is listed on the Nasdaq exchange.


On which exchange is CARE stock listed?

CARE stock is listed on the Nasdaq exchange.


What is the price forecast or stock price prediction for CARTER BANKSHARES INC stock?

9 analysts have analysed CARE and the average price target is 23.46 USD. This implies a price increase of 36.4% is expected in the next year compared to the current price of 17.2. Check the CARTER BANKSHARES INC stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is CARTER BANKSHARES INC worth?

CARTER BANKSHARES INC (CARE) has a market capitalization of 396.80M USD. This makes CARE a Small Cap stock.


How many employees does CARTER BANKSHARES INC have?

CARTER BANKSHARES INC (CARE) currently has 679 employees.


What are the support and resistance levels for CARTER BANKSHARES INC (CARE) stock?

CARTER BANKSHARES INC (CARE) has a support level at 17.07 and a resistance level at 17.65. Check the full technical report for a detailed analysis of CARE support and resistance levels.


Is CARTER BANKSHARES INC (CARE) expected to grow?

The Revenue of CARTER BANKSHARES INC (CARE) is expected to grow by 13.35% in the next year. Check the estimates tab for more information on the CARE EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy CARTER BANKSHARES INC (CARE) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does CARTER BANKSHARES INC (CARE) stock pay dividends?

CARE does not pay a dividend.


When does CARTER BANKSHARES INC (CARE) report earnings?

CARTER BANKSHARES INC (CARE) will report earnings on 2025-04-23, before the market open.


What is the Price/Earnings (PE) ratio of CARTER BANKSHARES INC (CARE)?

The PE ratio for CARTER BANKSHARES INC (CARE) is 16.23. This is based on the reported non-GAAP earnings per share of 1.06 and the current share price of 17.2 USD. Check the full fundamental report for a full analysis of the valuation metrics for CARE.


What is the Short Interest ratio of CARTER BANKSHARES INC (CARE) stock?

The outstanding short interest for CARTER BANKSHARES INC (CARE) is 2.81% of its float. Check the ownership tab for more information on the CARE short interest.


CARE Technical Analysis

ChartMill assigns a technical rating of 3 / 10 to CARE. When comparing the yearly performance of all stocks, CARE is one of the better performing stocks in the market, outperforming 75.63% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

CARE Fundamental Analysis

ChartMill assigns a fundamental rating of 3 / 10 to CARE. The financial health of CARE is average, but there are quite some concerns on its profitability.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

CARE Financial Highlights

Over the last trailing twelve months CARE reported a non-GAAP Earnings per Share(EPS) of 1.06. The EPS increased by 7.07% compared to the year before.


Industry RankSector Rank
PM (TTM) 10.76%
ROA 0.31%
ROE 3.67%
Debt/Equity 0
Chartmill High Growth Momentum
EPS Q2Q%550%
Sales Q2Q%12.56%
EPS 1Y (TTM)7.07%
Revenue 1Y (TTM)N/A

CARE Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 84% to CARE. The Buy consensus is the average rating of analysts ratings from 9 analysts.

For the next year, analysts expect an EPS growth of 92.13% and a revenue growth 13.35% for CARE


Ownership
Inst Owners49.38%
Ins Owners1.94%
Short Float %2.81%
Short Ratio8.87
Analysts
Analysts84.44
Price Target23.46 (36.4%)
EPS Next Y92.13%
Revenue Next Year13.35%