NASDAQ:CARE Carter Bankshares (CARE) Stock Price, News & Analysis → Kiss of death from Joe Biden (From Porter & Company) (Ad) Free CARE Stock Alerts $12.70 +0.04 (+0.32%) (As of 06/10/2024 ET) Add Compare Share Share Today's Range$12.50▼$12.9050-Day Range$11.01▼$13.7552-Week Range$10.43▼$16.74Volume54,609 shsAverage Volume64,889 shsMarket Capitalization$292.23 millionP/E Ratio22.28Dividend YieldN/APrice TargetN/A Stock AnalysisStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Carter Bankshares alerts: Email Address Ad Crypto 101 MediaThe #1 Crypto That You Don’t Own… YetThere’s all kinds of “signals” to follow when investing in cryptos. But there’s one signal you should pay attention to above all others: Venture capital firms. You want to follow venture capital money into cryptocurrencies before anyone gets word of what’s happening.Click here for all the details… 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 HeadlinesMay 29, 2024 | msn.comThe elder-care crisis crushes workers. Employers now offer benefits to help.May 28, 2024 | msn.comImplied Volatility Surging for Carter Bankshares (CARE) Stock OptionsMay 27, 2024 | msn.comCarter BloodCare: Critical need for O negative donorsMay 26, 2024 | msn.comThe Carter Family: All About Nick and Aaron Carter’s Parents and SiblingsMay 15, 2024 | msn.comJimmy Carter’s grandson says he is ‘coming to the end’ after more than a year in hospice careMay 14, 2024 | usatoday.comJimmy Carter's grandson says he's is 'coming to the end' after over a year in hospice careMay 14, 2024 | msn.comJimmy Carter’s grandson provides update on health of former presidentMay 9, 2024 | finanznachrichten.deCarter Bankshares, Inc.: Carter Bank Brings Relationship Banking to Raleigh AreaMay 2, 2024 | seekingalpha.comCarter's Excellent Business Is A Buy At P/B Ratios Below 3April 30, 2024 | msn.com‘Story to share’: Babies named Johnny Cash and June Carter born at same hospital, same dayApril 28, 2024 | finance.yahoo.comCarter Bankshares First Quarter 2024 Earnings: Beats ExpectationsApril 25, 2024 | yahoo.comNashville's Paseo South Gulch development gets newest tenant with Carter Vintage GuitarsApril 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 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)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) NPSee 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 Earnings4/25/2024Today6/10/2024Next Earnings (Estimated)7/25/2024Fiscal 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/AProfitability EPS (Most Recent Fiscal Year)$0.57 Trailing P/E Ratio22.05 Forward P/E Ratio13.66 P/E GrowthN/ANet Income$23.19 million Net Margins6.11% Pretax Margin7.14% Return on Equity4.43% Return on Assets0.34% Debt Debt-to-Equity Ratio0.86 Current Ratio0.92 Quick Ratio0.92 Sales & Book Value Annual Sales$214.70 million Price / Sales1.35 Cash Flow$1.76 per share Price / Cash Flow7.16 Book Value$15.30 per share Price / Book0.82Miscellaneous Outstanding Shares23,010,000Free Float22,587,000Market Cap$289.24 million OptionableOptionable Beta0.99 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Litz H. Van Dyke (Age 60)CEO & Director Comp: $687.77kMs. Phyllis Q. Karavatakis (Age 68)Vice Chairman Ms. Wendy S. Bell (Age 60)Chief Financial Officer Comp: $436.08kMr. A. Loran Adams (Age 62)Executive VP & Director of Regulatory Risk Management Joyce A. ParkerSecretaryMisty PowellAssistant Vice PresidentBill HubbleVice President and Managing Officer of Blacksburg OfficeMore ExecutivesKey CompetitorsSandy Spring BancorpNASDAQ:SASROceanFirst FinancialNASDAQ:OCFCBank FirstNASDAQ:BFCFirst BancsharesNASDAQ:FBMSAmerant BancorpNASDAQ:AMTBView All CompetitorsInsiders & InstitutionsBlack Maple Capital Management LPBought 23,154 shares on 5/16/2024Ownership: 0.101%California State Teachers Retirement SystemSold 1,454 shares on 5/16/2024Ownership: 0.010%Huber Capital Management LLCSold 6,674 shares on 5/15/2024Ownership: 1.009%Vanguard Group Inc.Bought 17,327 shares on 5/10/2024Ownership: 5.410%Russell Investments Group Ltd.Sold 16,626 shares on 5/8/2024Ownership: 0.343%View All Insider TransactionsView All Institutional Transactions CARE Stock Analysis - Frequently Asked Questions How have CARE shares performed in 2024? Carter Bankshares' stock was trading at $14.97 at the beginning of 2024. Since then, CARE stock has decreased by 15.2% and is now trading at $12.70. View the best growth stocks for 2024 here. Are investors shorting Carter Bankshares? Carter Bankshares saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 311,200 shares, an increase of 8.4% from the April 30th total of 287,000 shares. Based on an average daily volume of 70,200 shares, the days-to-cover ratio is presently 4.4 days. Approximately 1.4% of the shares of the stock are sold short. 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, July 25th 2024. View our CARE earnings forecast. How were Carter Bankshares' earnings last quarter? Carter Bankshares, Inc. (NASDAQ:CARE) issued its earnings results on Thursday, April, 25th. The company reported $0.24 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.14. The business earned $33.46 million during the quarter, compared to analyst estimates of $32.79 million. Carter Bankshares had a trailing twelve-month return on equity of 4.43% and a net margin of 6.11%. 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). Who are Carter Bankshares' major shareholders? Carter Bankshares' stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.41%), Huber Capital Management LLC (1.01%), Russell Investments Group Ltd. (0.34%), Empowered Funds LLC (0.31%), Black Maple Capital Management LP (0.10%) and Tandem Investment Advisors Inc. (0.09%). Insiders that own company stock include Arthur Loran Adams, Catharine L Midkiff, Curtis E Stephens, Dyke Litz H Van, Edward Warren Matthews, Gregory W Feldmann, James W Haskins, Jane Ann Davis, Kevin S Bloomfield, Michael R Bird, Phyllis Q Karavatakis, Robert M Bolton and Wendy S Bell. View institutional ownership trends. 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. This page (NASDAQ:CARE) was last updated on 6/10/2024 by MarketBeat.com Staff From Our PartnersDON’T buy gold until you read thisIf you're an American who understands that your money is rotting away as you read this email… Then this is ...Sasco Gold LLC | SponsoredTop 5 Tech Stocks to Buy for 2024The next evolution of technology is already upending industries worth $7 Trillion… It's already got the world'...Daily Market Alerts | SponsoredTop 5 AI Stocks to Buy for 2024The electric vehicle boom is accelerating – and fast.Market Moving Trends | SponsoredNo Strings Attached: Get 30 Days of Hedgeye’s Top Stock Picks for FreeOptimize your stock investing strategy with Hedgeye's Investing Ideas, where rigorous fundamental stock analys...Hedgeye | SponsoredHurry! Buy this stock before the Robinhood traders do!Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942...Traders Agency | SponsoredAI's Next Magnificent SevenThe Original Magnificent Seven Produced 16,894% Average Returns Over 20 Years.The Oxford Club | SponsoredMoonshot Coins for the Current Crypto RunDid you see bitcoin crossed $70k again? Don't miss the next bull run. Because while Bitcoin and Ethereum s...Crypto 101 Media | SponsoredThe Only Energy Play You Should Be Looking AtOpen AI’s Sam Altman recently helped this company raise $577 million in funding… What’s more is, It has alr...Wealthpin Pro | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Carter Bankshares, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Carter Bankshares With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.