2 weeks Ago By ABMN Staff
Carter Bankshares ( NASDAQ:CARE – Free Report ) had its price objective lifted by Raymond James from $20.00 to $21.00 in a research note issued to investors on Thursday, Benzinga reports.
They currently have an outperform rating on the stock. Carter Bankshares Price Performance Shares of NASDAQ:CARE opened at $17.19 on Thursday.
The company’s fifty day moving average price is $15.67 and its 200-day moving average price is $13.71.
The company has a debt-to-equity ratio of 0.86, a current ratio of 0.92 and a quick ratio of 0.
92. The firm has a market capitalization of $395.63 million, a price-to-earnings ratio of 30.
16 and a beta of 1.03. Carter Bankshares has a one year low of $10.
43 and a one year high of $17.45. Carter Bankshares ( NASDAQ:CARE – Get Free Report ) last released its earnings results on Thursday, July 25th.
The company reported $0.21 EPS for the quarter, meeting analysts’ consensus estimates of $0.21.
Carter Bankshares had a return on equity of 4.14% and a net margin of 5.41%.
The business had revenue of $60.12 million for the quarter, compared to analysts’ expectations of $34.62 million.
On average, equities research analysts anticipate that Carter Bankshares will post 0.88 earnings per share for the current fiscal year. Institutional Trading of Carter Bankshares About Carter Bankshares ( Get Free Report ) 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. Featured Articles Receive News & Ratings for Carter Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carter Bankshares and related companies with MarketBeat.com's FREE daily email newsletter .
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