Carter Bankshares (CARE) to Release Earnings on Thursday

Carter Bankshares (NASDAQ:CAREGet Free Report) is expected to issue its quarterly earnings data before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.21 per share for the quarter.

Carter Bankshares Stock Performance

Carter Bankshares stock opened at $17.36 on Tuesday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.23. Carter Bankshares has a 12-month low of $10.95 and a 12-month high of $20.40. The firm has a market capitalization of $400.50 million, a price-to-earnings ratio of 28.00 and a beta of 1.00. The firm has a 50 day moving average of $18.15 and a 200 day moving average of $17.45.

Wall Street Analysts Forecast Growth

Separately, Hovde Group assumed coverage on shares of Carter Bankshares in a research note on Wednesday, October 2nd. They set an “outperform” rating and a $22.00 target price on the stock.

Read Our Latest Report on Carter Bankshares

Carter Bankshares Company Profile

(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.

See Also

Earnings History for Carter Bankshares (NASDAQ:CARE)

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