NASDAQ:CARE Carter Bankshares (CARE) Stock Price, News & Analysis → top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL) (From Traders Agency) (Ad) Free CARE Stock Alerts $11.55 -0.05 (-0.43%) (As of 04/23/2024 ET) Add Compare Share Share Today's Range$11.49▼$11.8550-Day Range$11.01▼$14.0052-Week Range$10.43▼$16.74Volume112,745 shsAverage Volume56,511 shsMarket Capitalization$265.88 millionP/E Ratio11.67Dividend YieldN/APrice Target$17.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Carter Bankshares alerts: Email Address Carter Bankshares MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside47.2% Upside$17.00 Price TargetShort InterestHealthy1.13% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.96Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth-37.70%From $1.83 to $1.14 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.27 out of 5 starsFinance Sector445th out of 840 stocksNational Commercial Banks Industry55th out of 83 stocks 3.5 Analyst's Opinion Consensus RatingCarter Bankshares has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageCarter Bankshares has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.13% of the float of Carter Bankshares has been sold short.Short Interest Ratio / Days to CoverCarter Bankshares has a short interest ratio ("days to cover") of 4.5.Change versus previous monthShort interest in Carter Bankshares has recently decreased by 10.08%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldCarter Bankshares does not currently pay a dividend.Dividend GrowthCarter Bankshares does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CARE. Previous Next 2.8 News and Social Media Coverage News SentimentCarter Bankshares has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Carter Bankshares this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 1 people have added Carter Bankshares to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Carter Bankshares insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.23% of the stock of Carter Bankshares is held by insiders.Percentage Held by Institutions41.48% of the stock of Carter Bankshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Carter Bankshares are expected to decrease by -37.70% in the coming year, from $1.83 to $1.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Carter Bankshares is 11.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.58.Price to Earnings Ratio vs. SectorThe P/E ratio of Carter Bankshares is 11.67, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.44.Price to Book Value per Share RatioCarter Bankshares has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Traders Agencytop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.Click here now for the full details of this stock that’s set to rocket in the AI revolution… About Carter Bankshares Stock (NASDAQ:CARE)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 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 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.Read More CARE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CARE Stock News HeadlinesApril 23, 2024 | msn.comBoundary-breaking ‘Battlestar Galactica’ actor Terry Carter dead aged 95April 20, 2024 | finance.yahoo.comCarter Bankshares, Inc.'s (NASDAQ:CARE) top owners are individual investors with 54% stake, while 42% is held by institutionsApril 24, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.April 19, 2024 | msn.com'My life has definitely changed' | Americus building event honors President Jimmy Carter and his family's community impactApril 4, 2024 | msn.comESPN's Andraya Carter tabs Iowa as South Carolina's biggest threatMarch 28, 2024 | abcnews.go.comJimmy Carter, more than a year into hospice care, reaches another milestoneMarch 26, 2024 | msn.com‘How dare they?’ Antwoina Carter’s family seeks justice following her shooting death near her homeMarch 20, 2024 | msn.comHelena Bonham Carter Details Close Friendship with Anthony Hopkins: We 'Go Back a Long Way' (Exclusive)April 24, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.March 19, 2024 | msn.comRemarkable Women: Angel CarterMarch 17, 2024 | msn.comCarter County residents prepare for storm season with severe weather and disaster preparedness eventMarch 15, 2024 | msn.comNew York Times Photo Editor Carter Love Dead at 41March 11, 2024 | bizjournals.comTop-level FedEx executive Rob Carter to retire; company names CIO successorMarch 2, 2024 | health.usnews.comCarter Pieper PAMarch 2, 2024 | health.usnews.comAlisha D. Carter (Carter) NPFebruary 26, 2024 | msn.comJimmy Carter Health UpdateFebruary 22, 2024 | msn.comCarter becomes first living ex-president with official White House Christmas ornamentFebruary 20, 2024 | msn.comJimmy Carter Continues To Lead Even As He Marks One Year On Hospice Care: 'Very Powerful'February 20, 2024 | msn.comJimmy Carter’s one year in hospice sparks conversation about hospice care mythsFebruary 20, 2024 | msn.comCarter's year in hospice sheds light on end-of-life care optionFebruary 19, 2024 | ca.news.yahoo.comWith four brothers on the mat, this Denver family finds purpose in wrestlingFebruary 19, 2024 | msn.comFormer President Jimmy Carter Has Officially Been In Hospice Care For One YearFebruary 19, 2024 | foxnews.comAs Jimmy Carter marks 1 year in hospice care, advocates hope to dispel hospice misconceptionsFebruary 18, 2024 | msn.comFormer President Jimmy Carter marks 12 months in hospice careFebruary 18, 2024 | msn.comAdvocates hope Jimmy Carter's endurance in hospice care drives awarenessFebruary 18, 2024 | msn.comA year after Jimmy Carter’s entered hospice care, advocates hope his endurance drives awarenessFebruary 18, 2024 | msn.comA year after Jimmy Carter's entered hospice care, advocates hope his endurance drives awarenessSee More Headlines Receive CARE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Carter Bankshares and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings1/25/2024Today4/24/2024Next Earnings (Estimated)4/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry National commercial banks Sub-IndustryN/A Current SymbolNASDAQ:CARE CUSIPN/A CIK1829576 Webwww.carterbankandtrust.com Phone(276) 656-1776FaxN/AEmployees679Year FoundedN/APrice Target and Rating Average Stock Price Target$17.00 High Stock Price Target$17.00 Low Stock Price Target$17.00 Potential Upside/Downside+47.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.99 Trailing P/E Ratio11.67 Forward P/E Ratio6.31 P/E GrowthN/ANet Income$23.19 million Net Margins10.89% Pretax Margin13.38% Return on Equity7.49% Return on Assets0.58% Debt Debt-to-Equity Ratio1.12 Current Ratio0.93 Quick Ratio0.93 Sales & Book Value Annual Sales$214.70 million Price / Sales1.24 Cash Flow$1.79 per share Price / Cash Flow6.47 Book Value$15.30 per share Price / Book0.75Miscellaneous Outstanding Shares23,020,000Free Float22,509,000Market Cap$265.88 million OptionableOptionable Beta0.94 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Litz H. Van Dyke (Age 60)CEO & Director Comp: $1.03MMs. Phyllis Q. Karavatakis (Age 68)Vice Chairman Ms. Wendy S. Bell (Age 60)Chief Financial Officer Comp: $603.61kMr. A. Loran Adams (Age 63)Executive VP & Director of Regulatory Risk Management Joyce A. ParkerSecretaryMisty PowellAssistant Vice PresidentBill HubbleVice President and Managing Officer of Blacksburg OfficeMore ExecutivesKey CompetitorsFinancial InstitutionsNASDAQ:FISIFidelity D & D BancorpNASDAQ:FDBCCapital BancorpNASDAQ:CBNKFirst BancorpNASDAQ:FNLCNewtekOneNASDAQ:NEWTView All CompetitorsInsiders & InstitutionsTower Research Capital LLC TRC Sold 6,405 shares on 2/13/2024Ownership: 0.013%Trexquant Investment LPBought 11,288 shares on 2/9/2024Ownership: 0.190%Concord Wealth PartnersBought 3,765 shares on 2/6/2024Ownership: 0.016%Russell Investments Group Ltd.Bought 23,085 shares on 2/5/2024Ownership: 0.416%CWM LLCBought 1,723 shares on 2/1/2024Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions CARE Stock Analysis - Frequently Asked Questions Should I buy or sell Carter Bankshares stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Carter Bankshares in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CARE shares. View CARE analyst ratings or view top-rated stocks. What is Carter Bankshares' stock price target for 2024? 1 equities research analysts have issued 1-year price targets for Carter Bankshares' stock. Their CARE share price targets range from $17.00 to $17.00. On average, they expect the company's stock price to reach $17.00 in the next twelve months. This suggests a possible upside of 47.2% from the stock's current price. View analysts price targets for CARE or view top-rated stocks among Wall Street analysts. How have CARE shares performed in 2024? Carter Bankshares' stock was trading at $14.97 at the beginning of 2024. Since then, CARE shares have decreased by 22.8% and is now trading at $11.55. View the best growth stocks for 2024 here. Are investors shorting Carter Bankshares? Carter Bankshares saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 249,900 shares, a decline of 10.1% from the March 15th total of 277,900 shares. Based on an average trading volume of 56,000 shares, the days-to-cover ratio is currently 4.5 days. Currently, 1.1% of the company's stock are short sold. View Carter Bankshares' Short Interest. When is Carter Bankshares' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our CARE earnings forecast. How were Carter Bankshares' earnings last quarter? Carter Bankshares, Inc. (NASDAQ:CARE) issued its quarterly earnings data on Thursday, January, 25th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by $0.19. The company earned $30.67 million during the quarter, compared to the consensus estimate of $32.62 million. Carter Bankshares had a net margin of 10.89% and a trailing twelve-month return on equity of 7.49%. What other stocks do shareholders of Carter Bankshares own? Based on aggregate information from My MarketBeat watchlists, some companies that other Carter Bankshares investors own include Advanced Micro Devices (AMD), Target (TGT), AbbVie (ABBV), Alibaba Group (BABA), Best Buy (BBY), Carnival Co. & (CCL), Las Vegas Sands (LVS), NVIDIA (NVDA), Pfizer (PFE) and Peloton Interactive (PTON). How do I buy shares of Carter Bankshares? Shares of CARE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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