Carter Bankshares, Inc

(NASDAQ:CARE)

Latest On Carter Bankshares, Inc (CARE):

Date/Time Type Description Signal Details
2023-04-21 06:58 ESTNewsCarter Bankshares: A Hidden Gem To Fight Inflationary HeadwindsN/A
2023-03-31 02:20 ESTNewsCarter Bankshares board authorizes share repurchase program up to 1M sharesN/A
2023-01-26 18:37 ESTNewsCarter Bank & Trust  GAAP EPS of $0.65, revenue of $47.06MN/A
2022-12-28 10:07 ESTNewsDialogue divests German OHS BusinessN/A
2022-10-27 22:46 ESTNewsCarter Bank & Trust  GAAP EPS of $0.59 beats by $0.08, revenue of $42.96M beats by $2.88MN/A
2022-07-28 21:33 ESTNewsCarter Bank & Trust  Non-GAAP EPS of $0.44 beats by $0.08, revenue of $38.06M beats by $1.86MN/A
2022-04-26 09:45 ESTNewsCarter Bank & Trust  Non-GAAP EPS of $0.36 beats by $0.06, revenue of $33.56M in-lineN/A
2022-01-27 11:52 ESTNewsCarter Bank & Trust  GAAP EPS of $0.21, revenue of $33.83MN/A
2021-10-28 18:09 ESTNewsCarter Bank & Trust  EPS beats by $0.14, beats on revenueN/A
2021-07-29 15:18 ESTNewsCarter Bank & Trust  EPS misses by $0.08, beats on revenueN/A
2021-04-30 07:25 ESTNewsCarter Bank & Trust  EPS beats by $0.15, beats on revenueN/A
2021-02-10 07:17 ESTAnalyst RatingThe Analyst Target Price has decreased from $13.58 to $13.33.Neutral
2021-02-10 07:17 ESTEarnings EstimateAn EPS average of $0.94 is estimated for the 2022 year.Buy
2021-02-10 07:17 ESTEarnings EstimateAn EPS average of $0.20 is estimated for the quarter ending on June 30, 2021.Buy
2021-02-03 11:18 ESTAnalyst RatingThe Analyst Target Price has increased from $12.58 to $13.58.Buy
2021-01-30 03:16 ESTFinancialsCompany financials have been released.Neutral
2021-01-18 11:18 ESTAnalyst RatingThe Analyst Target Price has increased from $11.92 to $12.58.Buy
2021-01-14 17:01 ESTNewsCarter Bank inks agreement with Pendleton Community BankN/A
2021-01-11 11:18 ESTAnalyst RatingThe Analyst Target Price has increased from $11.17 to $11.92.Buy
2020-12-29 11:18 ESTAnalyst RatingThe Analyst Target Price has increased from $10.17 to $11.17.Buy
2020-12-13 03:26 ESTFinancialsCompany financials have been released.Neutral
2020-11-25 11:32 ESTAnalyst RatingThe Analyst Target Price has increased from $8.67 to $10.17.Buy
2020-11-15 11:31 ESTFinancialsCompany financials have been released.Neutral
2020-11-10 11:27 ESTAnalyst RatingThe Analyst Target Price has decreased from $8.75 to $8.67.Neutral
2020-11-09 03:28 ESTFinancialsCompany financials have been released.Neutral
2020-11-05 11:28 ESTEarnings EstimateAn EPS average of $0.03 is estimated for the quarter ending on March 31, 2021.Sell
2020-11-03 11:18 ESTAnalyst RatingThe Analyst Target Price has decreased from $8.92 to $8.75.Neutral
2020-11-01 17:26 ESTFinancialsCompany financials have been released.Neutral
2020-10-30 12:50 ESTNewsCarter Bank & Trust  EPS of -$2.19N/A
2020-09-24 00:22 ESTFinancialsCompany financials have been released.Neutral
2020-09-19 08:25 ESTFinancialsCompany financials have been released.Neutral
2020-08-11 04:18 ESTFinancialsCompany financials have been released.Neutral
2020-07-31 00:26 ESTFinancialsCompany financials have been released.Neutral
2020-07-30 12:19 ESTAnalyst RatingThe Analyst Target Price has decreased from $9.25 to $8.92.Neutral
2020-07-28 00:20 ESTFinancialsCompany financials have been released.Neutral
2020-07-24 04:18 ESTAnalyst RatingThe Analyst Target Price has decreased from $9.83 to $9.25.Neutral
2020-07-23 21:36 ESTNewsCarter Bank & Trust  EPS beats by $0.08, beats on revenueN/A
2020-07-23 16:30 ESTFinancialsCompany financials have been released.Neutral
2020-07-10 08:20 ESTFinancialsCompany financials have been released.Neutral
2020-07-01 08:16 ESTFinancialsCompany financials have been released.Neutral
2020-06-18 12:18 ESTAnalyst RatingThe Analyst Target Price has decreased from $10.25 to $9.83.Neutral
2020-06-02 04:21 ESTAnalyst RatingThe Analyst Target Price has decreased from $14.25 to $10.25.Neutral
2020-05-31 16:48 ESTFinancialsCompany financials have been released.Neutral
2020-05-06 04:20 ESTFinancialsCompany financials have been released.Neutral
2020-05-04 04:19 ESTAnalyst RatingThe Analyst Target Price has decreased from $15.25 to $14.25.Neutral
2020-05-03 08:23 ESTFinancialsCompany financials have been released.Neutral
2020-05-02 22:35 ESTNewsStocks To Watch: Jobs Report, Virtual Conferences And Blue Chips On TapN/A
2020-05-01 04:18 ESTEarnings EstimateAn EPS average of $0.23 is estimated for the quarter ending on September 30, 2020.Buy
2020-04-30 15:13 ESTNewsCarter Bank & Trust  EPS misses by $0.01, beats on revenueN/A
2020-04-11 05:56 ESTNewsCarter Bank & Trust  declares $0.14 dividendN/A

About Carter Bankshares, Inc (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, home improvements, education, and personal investment; real estate construction and acquisition loans; and home equity lines of credit, 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, bill pay, mobile banking, debit cards, e-statements, and automated drafts for various accounts; insurance products; and treasury services. As of November 23, 2020, the company had 92 branches in Virginia and North Carolina. The company was founded in 1974 and is headquartered in Martinsville, Virginia.

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General

  • Name Carter Bankshares, Inc
  • Symbol CARE
  • Type Common Stock
  • Exchange NASDAQ
  • Currency USD
  • Country USA
  • SectorFinancial Services
  • IndustryBanks-Regional
  • Fiscal Year EndDecember
  • IPO Date2012-08-27
  • Gic SectorFinancials
  • Gic GroupBanks
  • Gic IndustryBanks
  • Gic SubIndustryRegional Banks
  • Web URLhttp://www.cbtcares.com
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Valuation

  • Trailing PE 8.94
  • Forward PE 15.67
  • Price/Sales (Trailing 12 Mt.) 2.91
  • Price/Book (Most Recent Quarter) 0.85
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Financials

  • Most Recent Quarter 2020-12-31
  • Current Year EPS Estimate $0.73
  • Next Year EPS Estimate $0.94
  • Next Quarter EPS Estimate $0.15
  • Profit Margin -41%
  • Operating Margin 19%
  • Return on Assets -1%
  • Return on Equity -10%
  • Revenue 112.5 million
  • Earnings Per Share $0.76
  • Revenue Per Share $4.27
  • Gross Profit 112.5 million
  • Quarterly Earnings Growth -19.7%
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Highlights

  • Market Capitalization 369.47 million
  • PE Ratio 11.92
  • Analyst Target Price $13.33
  • Book Value Per Share $16.68
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Share Statistics

  • Shares Outstanding 26.43 million
  • Shares Float 25.07 million
  • % Held by Insiders 669%
  • % Held by Institutions 32.42%
  • Shares Short 241028
  • Shares Short Prior Month 244830
  • Short Ratio 4.71
  • Short % of Float 1%
  • Short % of Shares Outstanding 1%
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Technicals

  • Beta 1.4
  • 52 Week High $14.94
  • 52 Week Low $6.3
  • 50 Day Moving Average 12.01
  • 200 Day Moving Average 9.48
View More

Dividends

  • Dividend Date 2020-03-03
  • ExDividend Date 2020-02-14
  • Dividend Per Share $N/A
  • Dividend Yield 0%
View More

Carter Bankshares, Inc (CARE) Dividend Calendar:

CARE's last dividend payment was made to shareholders on March 3, 2020.

Ex-Dividend Date Payment Date Record Date Declared Date Amount

Carter Bankshares, Inc (CARE) Earnings History:

Companies typically report earnings on both a quarterly and annual basis. Earnings reported that deviate from analysts' expectations can have a large impact on a stock's price.


Quarter Date Report Date Actual Revenue Reported EPS EPS Estimate Deviation from Estimate
2020-12-312021-01-28$N/A$0.11$0.113.09%
2020-09-302020-10-26$N/A-$2.19$0.07-3228.57%
2020-06-302020-07-23$N/A$0.17$0.0988.89%
2020-03-312020-04-30$N/A$0.17$0.18-5.56%
2019-12-312020-01-28$33.18 million$0.14$0.30-53.33%
2019-09-302019-10-24$30.24 million$0.29$0.29-1.13%
2019-06-302019-07-25$30.6 million$0.30$0.2615.38%
2019-03-312019-04-25$29.34 million$0.29$0.03866.67%
2018-12-312019-01-24$31.9 million$0.13
2018-09-302018-09-30$17.98 million-$0.29
2018-06-302018-06-30$31.18 million$0.27
2018-03-312018-03-31$29.59 million$0.34
2017-12-312017-12-31$9.69 million-$0.19
2017-09-302017-09-30$15.82 million-$0.02
2017-06-302017-06-30$16.27 million-$0.06
2017-03-312017-03-31$39.22 million$0.24
2016-12-312016-12-31$N/A-$0.15
2016-09-302016-09-30$N/A$0.20
2016-06-302016-06-30$N/A$0.24
2016-03-312016-03-31$N/A$0.32
2015-12-312015-12-31$N/A$0.47
2015-09-302015-09-30$N/A$0.36
2015-06-302015-06-30$N/A$0.34
2015-03-312015-03-31$N/A$0.32
2014-12-312014-12-31$N/A$0.37
2014-09-302014-09-30$N/A$0.30
2014-06-302014-06-30$N/A$0.32
2014-03-312014-03-31$N/A$0.29
2013-12-312013-12-31$N/A$0.24
2013-09-302013-09-30$N/A$0.25
2013-06-302013-06-30$N/A$0.23
2013-03-312013-03-31$N/A$0.27
2012-12-312012-12-31$N/A$0.24
2012-09-302012-09-30$N/A$0.32
2012-06-302012-06-30$N/A$0.29
2012-03-312012-03-31$N/A$0.31
2011-12-312011-12-31$N/A$0.33
2011-09-302011-09-30$N/A$0.28
2011-06-302011-06-30$N/A$0.30
2011-03-312011-03-31$N/A$0.27
2010-12-312010-12-31$N/A$0.21
2010-09-302010-09-30$N/A$0.26
2010-06-302010-06-30$N/A$0.23
2010-03-312010-03-31$N/A$0.26
2009-12-312009-12-31$N/A$0.14
2009-09-302009-09-30$N/A$0.18
2009-06-302009-06-30$N/A$0.17
2009-03-312009-03-31$N/A$0.18

Carter Bankshares, Inc (CARE) Company Financial Statements:

Financial statements are reports prepared by a company's management to present their financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, and statement of cash flows.

Income Statement:
Date
Research Development
Income Before Tax
Selling General Administrative
Gross Profit
Ebit
Operating Income
Income Tax Expense
Total Revenue
Cost of Revenue
Total Other Income Expense Net
Net Income From Continuing Operations
Net Income Applicable to Common Shares
Cash Flow:
Date
Investments
Change to Liabilities
Total Cash Flow from Investing Activities
Net Borrowings
Total Cash Flow from Financial Activities
Change to Operating Activities
Change in Cash
Total Cash from Operating Activities
Depreciation
Other Cash Flow from Investing Activities
Change to Inventory
Change to Account Receivables
Other Cash Flow from Financing Activities
Change to Net Income
Capital Expenditures
Balance Sheet:
Date
Total Liabailities
Total Stockholder Equity
Other Current Liabilities
Total Assets
Common Stock
Other Current Assets
Retained Earnings
Other Liabilities
Other Assets
Cash
Total Current Liabilities
Other Stockholder Equity
Property, Plant & Equipment
Total Current Assets
Long Term Investments
Net Tangible Assets
Short Term Investments
Long Term Debt
Inventory
Accounts Payable

Carter Bankshares, Inc (CARE) Chart:

Carter Bankshares, Inc (CARE) News:

Below you will find a list of latest news for Carter Bankshares, Inc (CARE) from major news sources. You can filter the results to only show news from a specific source.

No recent news available

Carter Bankshares, Inc (CARE) Options:

A stock option is a contract between two parties in which the stock option buyer (holder) purchases the right (but not the obligation) to buy/sell 100 shares of an underlying stock at a predetermined price from/to the option seller (writer) within a fixed period of time.

Expiration Date Strike Last Price Type Volume Open Interest Implied Volatility In The Money Change Change Percent
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Latest CARE Trades:

Date Shares Price
Jun 13, 2022 7:59 PM EST230$13.54
Jun 13, 2022 7:59 PM EST1$13.57
Jun 13, 2022 7:59 PM EST5$13.58
Jun 13, 2022 7:59 PM EST5$13.58
Jun 13, 2022 7:59 PM EST1$13.57

Carter Bankshares, Inc (CARE) SEC Filings:

An SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make regular SEC filings.

Date Form Type Form Name Link