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Carter Bankshares Inc. (CARE)

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15.41

0.10 (0.65%)

Apr 28, 2025, 11:55 AM - Market open

0.65% (1D)

Bid	15.38
Market Cap	356.56M
Revenue (ttm)	186.09M
Net Income (ttm)	24.52M
EPS (ttm)	1.2
PE Ratio (ttm)	12.85
Forward PE	8.13
Analyst	Buy

Ask	15.46
Volume	14,819
Avg. Volume (20D)	67,921
Open	15.55
Previous Close	15.31
Day's Range	15.29 - 15.53
52-Week Range	11.96 - 20.40
Beta	0.63

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...

[Read more]

Industry Banks - Regional

Sector Financial Services

IPO Date Mar 15, 2007

Employees 680

Stock Exchange NASDAQ

Ticker Symbol CARE

Website https://www.cbtcares.com

Full Company Profile

Analyst Forecast

According to 2 analyst ratings, the average rating for CARE stock is "Buy." The 12-month stock price forecast is $21.5, which is an increase of 39.47% from the latest price.

Price Target: $21.5

(39.47% upside)

Analyst Consensus: Buy

Stock Forecasts

Earnings Surprise

Carter Bankshares has released their quartely earnings on Apr 24, 2025:

Revenue of $37.04M exceeds estimates by $2.14M, with 10.68% YoY growth.

EPS of 0.32 exceeds estimates by 0.02, with 33.33% YoY growth.

Why Price Moved

5 months ago

+10.93%

Shares of banking-related companies are trading hi... Unlock content with Pro Subscription

News

4 days ago · zacks.com

Carter Bankshares (CARE) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

While the top- and bottom-line numbers for Carter Bankshares (CARE) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics...

3 days ago · zacks.com

Carter Bankshares, Inc. (CARE) Q1 Earnings and Revenues Beat Estimates

Carter Bankshares, Inc. (CARE) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.24 per share a year ago.

3 days ago · accessnewswire.com

Carter Bankshares, Inc. Announces First Quarter 2025 Financial Results

MARTINSVILLE, VA / ACCESS Newswire / April 24, 2025 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank (the "Bank") today announced quarterly net income of $9....

2 weeks ago · zacks.com

Carter Bankshares (CARE) Surges 5.0%: Is This an Indication of Further Gains?

Carter Bankshares (CARE) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near...

2 months ago · zacks.com

Wall Street Analysts Believe Carter Bankshares (CARE) Could Rally 29.65%: Here's is How to Trade

The average of price targets set by Wall Street analysts indicates a potential upside of 29.7% in Carter Bankshares (CARE). While the effectiveness of this highly sought-after metric is questionable, ...

2 months ago · zacks.com

Does Carter Bankshares (CARE) Have the Potential to Rally 30.53% as Wall Street Analysts Expect?

The consensus price target hints at a 30.5% upside potential for Carter Bankshares (CARE). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings...