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Carter Bankshares (CARE) Stock

Profile

Country:

United States

IPO:

15 March 2007

Indexes:

Not included

Description:

Carter Bankshares, known as CARE, is a financial institution that provides banking services, including personal and business accounts, loans, and investment options. It focuses on serving local communities with personalized service and financial solutions to meet customers' needs.

Key Details

Price

$18.68

Annual Revenue

$136.61 M(-13.75% YoY)

Annual EPS

$1.00(-50.74% YoY)

PE Ratio

30.13(+312.74% YoY)

Beta

0.95

Events Calendar

Earnings

Next earnings date:

Jan 24, 2025

Recent quarterly earnings:

Oct 24, 2024

Recent annual earnings:

Jan 25, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Feb 14, 2020
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

01 May '23 Raymond James
Outperform
06 Oct '22 DA Davidson
Neutral
07 July '22 Raymond James
Outperform
21 Jan '22 Piper Sandler
Neutral
08 July '21 Raymond James
Market Perform
30 Mar '21 DA Davidson
Buy
03 Feb '21 Raymond James
Outperform

Market Data

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Institutional Ownership

PG&E Provides Over $50 Million in Bill Support to Customers Through REACH Program in 2024, Additional CARE & FERA Discounts Available to Qualifying Customers
PG&E Provides Over $50 Million in Bill Support to Customers Through REACH Program in 2024, Additional CARE & FERA Discounts Available to Qualifying Customers
PG&E Provides Over $50 Million in Bill Support to Customers Through REACH Program in 2024, Additional CARE & FERA Discounts Available to Qualifying Customers
CARE
prnewswire.com25 November 2024

Nearly 58,000 Customers Received REACH Benefits in 2024; Customers are Encouraged to Check Eligibility and Apply for CARE & FERA OAKLAND, Calif. , Nov. 25, 2024 /PRNewswire/ -- Nearly 58,000 Pacific Gas and Electric Company (PG&E) customers received more than $50 million in total financial assistance this year from the Relief for Energy Assistance through Community Help (REACH) program.

AMBETTER OF ILLINOIS EXPANDS PROVIDER NETWORK TO INCLUDE ADVOCATE HEALTH CARE
AMBETTER OF ILLINOIS EXPANDS PROVIDER NETWORK TO INCLUDE ADVOCATE HEALTH CARE
AMBETTER OF ILLINOIS EXPANDS PROVIDER NETWORK TO INCLUDE ADVOCATE HEALTH CARE
CARE
prnewswire.com30 October 2024

The addition of Advocate Health Care to the Ambetter of Illinois provider network offers its members expanded access to the health system's high-quality healthcare CHICAGO , Oct. 30, 2024 /PRNewswire/ -- Ambetter of Illinois (Ambetter), a product offered by Centene Corporation (NYSE: CNC), and managed locally by Meridian Health Plan of Illinois, Inc. (Meridian), announced today the addition of Advocate Health Care to its network, which will further increase members' access to quality healthcare in the Chicagoland area. Ambetter members can now receive care at any of Advocate's 11 hospitals and 300 sites of care in Illinois, with 6,500 physicians, and 11,000 nurses.

Carter Bankshares (CARE) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Carter Bankshares (CARE) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Carter Bankshares (CARE) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
CARE
zacks.com24 October 2024

While the top- and bottom-line numbers for Carter Bankshares (CARE) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Carter Bankshares, Inc. (CARE) Meets Q3 Earnings Estimates
Carter Bankshares, Inc. (CARE) Meets Q3 Earnings Estimates
Carter Bankshares, Inc. (CARE) Meets Q3 Earnings Estimates
CARE
zacks.com24 October 2024

Carter Bankshares, Inc. (CARE) came out with quarterly earnings of $0.23 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.20 per share a year ago.

WARNING FROM OLDER ADULTS: CARE FOR AGING IN AMERICA NEEDS URGENT RETHINKING
WARNING FROM OLDER ADULTS: CARE FOR AGING IN AMERICA NEEDS URGENT RETHINKING
WARNING FROM OLDER ADULTS: CARE FOR AGING IN AMERICA NEEDS URGENT RETHINKING
CARE
prnewswire.com17 September 2024

NEW YORK , Sept. 17, 2024 /PRNewswire/ -- A survey of older adults in the United States reveals wide-ranging dissatisfaction with health care and related services that don't reflect and respond to how people want to live as they age.

Is the Options Market Predicting a Spike in Carter Bankshares (CARE) Stock?
Is the Options Market Predicting a Spike in Carter Bankshares (CARE) Stock?
Is the Options Market Predicting a Spike in Carter Bankshares (CARE) Stock?
CARE
zacks.com06 August 2024

Investors need to pay close attention to Carter Bankshares (CARE) stock based on the movements in the options market lately.

GLUCOTRACK ANNOUNCES POSTER PRESENTATION ON CONTINUOUS BLOOD GLUCOSE MONITOR SURVEY DATA AT THE ASSOCIATION OF DIABETES CARE AND EDUCATION SPECIALISTS (ADCES) 2024 ANNUAL CONFERENCE
GLUCOTRACK ANNOUNCES POSTER PRESENTATION ON CONTINUOUS BLOOD GLUCOSE MONITOR SURVEY DATA AT THE ASSOCIATION OF DIABETES CARE AND EDUCATION SPECIALISTS (ADCES) 2024 ANNUAL CONFERENCE
GLUCOTRACK ANNOUNCES POSTER PRESENTATION ON CONTINUOUS BLOOD GLUCOSE MONITOR SURVEY DATA AT THE ASSOCIATION OF DIABETES CARE AND EDUCATION SPECIALISTS (ADCES) 2024 ANNUAL CONFERENCE
CARE
globenewswire.com05 August 2024

Market research data shows interest in additional glucose monitoring options for people with diabetes who use insulin Rutherford, NJ, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Glucotrack, Inc. (Nasdaq: GCTK) (“Glucotrack” or the “Company”), a medical technology company focused on the design, development, and commercialization of novel technologies for people with diabetes, today announced that an emerging science industry poster will be presented at the Association of Diabetes Care and Education Specialists (ADCES) 2024 Annual Conference to be held August 9-12, 2024 in New Orleans, LA. The Glucotrack poster will present market research data on the acceptance of the Company's Continuous Blood Glucose Monitor (CBGM) concept among people with type 1 and type 2 diabetes.

Compared to Estimates, Carter Bankshares (CARE) Q2 Earnings: A Look at Key Metrics
Compared to Estimates, Carter Bankshares (CARE) Q2 Earnings: A Look at Key Metrics
Compared to Estimates, Carter Bankshares (CARE) Q2 Earnings: A Look at Key Metrics
CARE
zacks.com26 July 2024

The headline numbers for Carter Bankshares (CARE) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Carter Bankshares, Inc. Announces Second Quarter 2024 Financial Results
Carter Bankshares, Inc. Announces Second Quarter 2024 Financial Results
Carter Bankshares, Inc. Announces Second Quarter 2024 Financial Results
CARE
accesswire.com25 July 2024

MARTINSVILLE, VA / ACCESSWIRE / July 25, 2024 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank & Trust (the "Bank") today announced quarterly net income of $4.8 million, or $0.21 diluted earnings per share ("EPS"), for the second quarter of 2024 compared to net income of $5.8 million, or $0.25 diluted EPS, in the first quarter of 2024 and net income of $5.7 million, or $0.24 diluted EPS, for the second quarter of 2023. The pre-tax pre-provision income1 was $6.2 million for the second quarter of 2024, $7.2 million for the first quarter of 2024 and $6.2 million for the second quarter of 2023.

Carter Bankshares (CARE) Soars 5.2%: Is Further Upside Left in the Stock?
Carter Bankshares (CARE) Soars 5.2%: Is Further Upside Left in the Stock?
Carter Bankshares (CARE) Soars 5.2%: Is Further Upside Left in the Stock?
CARE
zacks.com27 June 2024

Carter Bankshares (CARE) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

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FAQ

  • What is the primary business of Carter Bankshares?
  • What is the ticker symbol for Carter Bankshares?
  • Does Carter Bankshares pay dividends?
  • What sector is Carter Bankshares in?
  • What industry is Carter Bankshares in?
  • What country is Carter Bankshares based in?
  • When did Carter Bankshares go public?
  • Is Carter Bankshares in the S&P 500?
  • Is Carter Bankshares in the NASDAQ 100?
  • Is Carter Bankshares in the Dow Jones?
  • When was Carter Bankshares's last earnings report?
  • When does Carter Bankshares report earnings?
  • Should I buy Carter Bankshares stock now?

What is the primary business of Carter Bankshares?

Carter Bankshares, known as CARE, is a financial institution that provides banking services, including personal and business accounts, loans, and investment options. It focuses on serving local communities with personalized service and financial solutions to meet customers' needs.

What is the ticker symbol for Carter Bankshares?

The ticker symbol for Carter Bankshares is NASDAQ:CARE

Does Carter Bankshares pay dividends?

No, Carter Bankshares does not pay dividends

What sector is Carter Bankshares in?

Carter Bankshares is in the Financial Services sector

What industry is Carter Bankshares in?

Carter Bankshares is in the Banks - Regional industry

What country is Carter Bankshares based in?

Carter Bankshares is headquartered in United States

When did Carter Bankshares go public?

Carter Bankshares's initial public offering (IPO) was on 15 March 2007

Is Carter Bankshares in the S&P 500?

No, Carter Bankshares is not included in the S&P 500 index

Is Carter Bankshares in the NASDAQ 100?

No, Carter Bankshares is not included in the NASDAQ 100 index

Is Carter Bankshares in the Dow Jones?

No, Carter Bankshares is not included in the Dow Jones index

When was Carter Bankshares's last earnings report?

Carter Bankshares's most recent earnings report was on 24 October 2024

When does Carter Bankshares report earnings?

The next expected earnings date for Carter Bankshares is 24 January 2025

Should I buy Carter Bankshares stock now?

As of today, analysts generally recommend a 'Strong buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions