Carter Bankshares, Inc. (CARE) Stock Forecast & Analysis

Real-time stock price, financial statements, consensus target price, insider trading, and technical analysis for Carter Bankshares, Inc. (CARE:NASDAQ), powered by AI.

Current Price
$24.11
P/E Ratio
22.8
Market Cap
560M
Sector
Financial Services
What is the Carter Bankshares, Inc. stock price forecast?

Carter Bankshares, Inc. is currently trading at $24.11. View real-time AI analysis on Alpha Lenz.

What is Carter Bankshares, Inc. insider trading activity?

View the latest insider trading data for Carter Bankshares, Inc. on Alpha Lenz.

What is Carter Bankshares, Inc.'s P/E ratio?

Carter Bankshares, Inc.'s P/E ratio is 22.8.

Carter Bankshares, Inc.

NASDAQ · CARE
$24.11
Ask about Carter Bankshares, Inc.'s future dividend policy...
Alpha Chat Insight

Carter Bankshares, Inc. trades at a P/E of 22.8 (fair value) with modest ROE of 6.7%.

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Company Overview

Carter Bankshares Inc. is a financial holding company that provides a wide array of banking services, primarily serving individual customers, small to medium-sized businesses, and regional industries. Its offerings include traditional banking products such as savings and checking accounts, personal loans, commercial lending, and mortgage services. Additionally, the company provides community-focused financial solutions, emphasizing customer relationships and local impact. Headquartered in Martinsville, Virginia, Carter Bankshares operates through its subsidiary Carter Bank & Trust, which manages network branches across the region. The firm's mission is to deliver personalized banking experiences, fostering economic growth and financial stability within its service areas. Carter Bankshares plays a pivotal role in supporting regional economic development, offering tailored services to meet the unique needs of its diverse clientele base. By maintaining a solid capital foundation and a commitment to technological advancements, Carter Bankshares Inc. continues to establish its presence in the financial industry as a reliable partner for both personal and business banking needs.

CEOMr. Litz H. Van Dyke
SectorFinancial Services
IndustryBanks - Regional
Employees680

Company Statistics

FY 2024

Profile

$560.33MMarket Cap
$132.40MRevenue
0.00Shares Out
680Employees

Margins

N/AGross
N/AEBITDA
N/AOperating
23.31%Pre-Tax
18.52%Net

Valuation

22.85P/E
1.46P/B
4.23EV/Sales
70.75EV/EBITDA
19.45P/FCF

Growth (CAGR)

-0.32%Rev 3Yr
1.71%Rev 5Yr
N/AOp Inc 3Yr
N/AOp Inc 5Yr
-8.09%Net Inc 3Yr
-1.59%Net Inc 5Yr

Returns

0.53%ROA
6.67%ROE
N/AROIC

Financial Health

$131.17MCash & Cash Equivalents
$4.14BNet Debt
1112.34%Debt/Equity
N/AInterest Cov

Frequently Asked Questions

Carter Bankshares, Inc. (ticker: CARE) is a company listed on NASDAQ in the Financial Services sector (Banks - Regional). It has approximately 680 employees. Market cap is $560M.

The current price is $24.11 with a P/E ratio of 22.85x and P/B of 1.46x.

ROE is 6.67%. Annual revenue is $132M.

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Carter Bankshares, Inc. (Financial Services) Stock Forecast & Analysis $24.11 | Alpha Lenz