Carter Bankshares (NASDAQ:CARE – Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Thursday, January 23rd. Analysts expect Carter Bankshares to post earnings of $0.21 per share for the quarter.
Carter Bankshares Trading Up 2.9 %
Shares of Carter Bankshares stock opened at $17.53 on Thursday. Carter Bankshares has a 1 year low of $10.95 and a 1 year high of $20.40. The company’s fifty day simple moving average is $18.29 and its 200-day simple moving average is $17.38. The company has a market cap of $404.45 million, a price-to-earnings ratio of 28.27 and a beta of 1.00. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.23.
Analyst Upgrades and Downgrades
Separately, Hovde Group started coverage on shares of Carter Bankshares in a research report on Wednesday, October 2nd. They set an “outperform” rating and a $22.00 price objective for the company.
Carter Bankshares Company Profile
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.
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